Summary of Key Information:
Reporting Period: Quarter ended 30 June 2026 (Q1 FY27)
Nature of Filing / Announcement: Outcome of Board Meeting under Regulation 30 of SEBI LODR
Audit Opinion:
Clean/Unmodified Limited Review Report by SPML & Associates, Chartered Accountants
Key Financial Highlights [in ₹ Lakhs]:
Standalone Results for Quarter ended 30 June 2026:
- Revenue from Operations: ₹424.33 (vs ₹340.12 in Q1 FY26 - 24.8% increase YoY)
- Total Income: ₹424.33
- EBITDA: Not specifically disclosed
- Net Profit: ₹36.65 (vs Net Loss of ₹39.38 in Q1 FY26 - significant improvement)
- EPS: ₹0.68 (Basic and Diluted)
- Other Equity: ₹1,813.72
- Cash and Cash Equivalents: Not disclosed
- Debt: Not disclosed
Comparative Performance:
- Profit before tax: ₹115.79 (vs Loss of ₹52.90 in Q1 FY26)
- Tax expense: ₹29.14 (Current tax: ₹30.30, Deferred tax: ₹(1.16))
- Other Comprehensive Income: ₹(1.65)
- Total Comprehensive Income: ₹85.00
Segment-wise Performance:
As per Indian Accounting Standard (IndAS) 108, the Company operates in a single business segment viz. "IT Audit Services". Thus, segmental reporting is not applicable.
Corporate Actions:
1. Change in Control: Completion of Share Purchase Agreement dated 29 December 2025 between:
- Sellers: Mr. Venugopal Madanlal Dhoot, Mrs. Shobha Venugopal Dhoot, Mr. Anirudh Venugopal Dhoot, and Mr. Vineet Venugopal Dhoot (collectively sold 44,10,000 shares)
- Acquirers: Jyotirgamya Advisory Private Limited and Mr. Ashok Kumar Chordia
2. Share Transfer Details:
- Total shares transferred: 44,10,000 (34.38% of equity)
- Jyotirgamya Advisory Private Limited acquired 37,68,660 shares (29.38%) + existing 46,469 shares = total 38,15,129 shares (29.74%)
- Mr. Ashok Kumar Chordia acquired 6,41,340 shares (5.00%) + existing 4,587 shares = total 6,45,927 shares (5.04%)
3. Promoter Reclassification:
- Acquirers shall be classified as Promoters of the Company
- Existing Promoters and members of the existing Promoter Group shall cease to be classified as Promoters and be reclassified as public shareholders
4. Other Promoter Exits: The Board noted that four other promoters (Anjay Ratanlal Agarwal family) sold their entire holdings during FY 2025-26 (September-November 2025) and no longer hold any equity.
Other Significant Information:
- Paid up equity share capital: ₹1,282.68 lakhs (Face value ₹10 per share)
- Accounting policy change: Revenue now recognized net of GST (previously inclusive of GST)
- First-time recognition of gratuity provision with retrospective effect
- Previous period figures have been regrouped/rearranged wherever necessary