Key Quantitative Figures

Profit & Loss (₹ in lakhs, unless stated)

  • Total Revenue from Operations (FY2026): ₹9.63
  • Total Expenses (FY2026): ₹93.01
  • Loss Before Tax (FY2026): ₹(83.38)
  • Tax Expense (FY2026): ₹0.00
  • Net Loss for the Year (FY2026): ₹(83.38)
  • Earnings Per Share (EPS) - basic & diluted (FY2026): ₹(2.78)
  • Paid-up Equity Share Capital: ₹300.00 (Face value ₹10 per share)
  • Reserves (as at March 31, 2026): ₹(27.85) (Negative)

Balance Sheet (₹ in lakhs, as at March 31, 2026)

  • Total Assets: ₹328.73
  • Financial Assets: ₹318.45 (Includes Investments: ₹309.70, Loans & Advances: ₹8.75)
  • Non-Financial Assets: ₹10.28
  • Total Equity and Liabilities: ₹328.73
  • Shareholders' Funds: ₹272.15 (Share Capital: ₹300.00 + Reserves: ₹(27.85))
  • Financial Liabilities (Long-term borrowings): ₹34.00
  • Non-Financial Liabilities: ₹22.58

Cash Flow (₹ in lakhs, FY2026)

  • Net Cash from Operating Activities: ₹0.95
  • Net Cash from Investing Activities: ₹0.00
  • Net Cash from Financing Activities: ₹0.00
  • Net Increase in Cash: ₹0.95
  • Cash and Cash Equivalents at End of Period: ₹8.75

Dates of Action

  • Board Meeting Date: May 30, 2026 (commenced at 04:00 PM, concluded at 04:45 PM)
  • Financial Period: Quarter and Year ended March 31, 2026
  • RBI NBFC Surrender Effective Date: January 23, 2026
  • Auditor's Report Date: May 30, 2026

Parties Involved

  • Statutory Auditors: Garg Agrawal & Agrawal, Chartered Accountants (FRN: 016137N)
  • Regulator: Reserve Bank of India (RBI)
  • Stock Exchanges: BSE Limited, The Calcutta Stock Exchange Ltd.

Purpose & Rationale

The Board meeting was held to approve the audited financial results for the period ended March 31, 2026, as required by SEBI LODR Regulations.

Financial & Operational Impact

  • The company reported a significant net loss of ₹83.38 lakh for FY2026, compared to a previous period figure (not fully stated in the data).
  • Reserves turned negative due to the accumulated losses.
  • The company ceased to be an NBFC from January 23, 2026, after surrendering its Certificate of Registration to the RBI. Consequently, it is no longer subject to NBFC prudential norms, minimum Net Owned Fund requirements, or other NBFC regulations.
  • The company notes it is yet to commence other business activities post the NBFC surrender.

Capital Structure Impact

No change in issued share capital was reported. The paid-up equity share capital remained constant at ₹300.00 lakh.

Cash Flow Implications

A minimal net cash inflow of ₹0.95 lakh was generated from operating activities for the year. There were no investing or financing activities reported.

Auditor's Report Details

The statutory auditors, Garg Agrawal & Agrawal, issued an unmodified (unqualified) opinion on the financial results. They drew attention to Note 3 regarding the surrender of the NBFC registration but did not modify their opinion based on this matter. They confirmed the results are presented in accordance with SEBI LODR and give a true and fair view.

Additional Notes from Financials

  • The segment reporting provisions are not applicable as the company was engaged only in NBFC activities until January 2026 and has not commenced new operations.
  • The figures for the quarter ended March 31, 2026, are the balancing figures between the audited full-year results and the previously published unaudited year-to-date figures up to the third quarter.
  • The company has adopted Indian Accounting Standards (Ind AS).
  • Previous period figures have been regrouped/recast to conform to the current year's classification.

#Tags: #AarShyamIndia #FY2026Results #SEBIDisclosure #RegulatoryCompliance #FinancialUpdate #Negative