Ace Edutrend Limited held its Board of Directors meeting on Friday, November 13th, 2026 from 02:00 PM to 05:15 PM. The Board approved the following items in compliance with SEBI Listing Regulations:

1. Un-audited Standalone Financial Results along with Limited Review Report for the quarter ended 30th September, 2026

2. Statement of Deviation and Variation as per Clause 32(1) for the quarter ended 30th September, 2026

3. Certificate pursuant to Regulation 33(2) of SEBI Listing Regulations

Financial Performance (Amount in millions except EPS)

Quarter Ended 30-Sep-2026:

  • Revenue from operations: ₹0.00
  • Total expenses: ₹0.09
  • Employee benefits expense: ₹0.02
  • Other expenses: ₹0.07
  • Loss before tax: ₹(0.09)
  • Net loss for the period: ₹(0.09)
  • Basic EPS: ₹(0.01)

Quarter Ended 30-Jun-2026:

  • Revenue from operations: ₹0.30
  • Total expenses: ₹0.21
  • Employee benefits expense: ₹0.14
  • Other expenses: ₹0.07
  • Profit before tax: ₹0.09
  • Net profit for the period: ₹0.09
  • Basic EPS: ₹0.01

Half Year Ended 30-Sep-2026:

  • Revenue from operations: ₹0.30
  • Total expenses: ₹0.30
  • Employee benefits expense: ₹0.15
  • Other expenses: ₹0.15
  • Loss before tax: ₹(0.00)
  • Net loss for the period: ₹(0.00)
  • Basic EPS: ₹(0.00)

Comparative Periods:

  • Quarter Ended 30-Sep-2025: Net loss of ₹(0.15), EPS ₹(0.02)
  • Half Year Ended 30-Sep-2025: Net loss of ₹(0.60), EPS ₹(0.07)
  • Year Ended 31-Mar-2026: Net loss of ₹(1.60), EPS ₹(0.17)

Capital Structure

  • Paid-up equity share capital: ₹91.61 million (face value ₹10 per share)
  • Reserves excluding revaluation reserves: ₹(12.26) million
  • Total equity: ₹79.35 million

Balance Sheet Position as of 30-Sep-2026 (Unaudited)

  • Total assets: ₹124.79 million
  • Non-current assets: ₹69.17 million (Property, Plant & Equipment: ₹9.69 million; Loans: ₹57.74 million; Deferred tax assets: ₹1.74 million)
  • Current assets: ₹55.62 million (Cash and cash equivalents: ₹0.04 million; Trade receivables: ₹55.05 million; Other current assets: ₹0.53 million)
  • Total liabilities: ₹45.44 million
  • Non-current liabilities: ₹29.13 million (Trade payables)
  • Current liabilities: ₹16.31 million (Other current liabilities)

Cash Flow Statement for Half Year Ended 30-Sep-2026

  • Net cash from operating activities: ₹(0.04) million
  • Net cash from investing activities: ₹0.00 million
  • Net cash from financing activities: ₹0.00 million
  • Net decrease in cash and cash equivalents: ₹0.04 million
  • Opening cash balance: ₹0.08 million
  • Closing cash balance: ₹0.04 million

Key Disclosures and Notes

1. The financial results were reviewed by the audit committee and approved by the Board on November 13, 2026, with no qualifications in the Limited Review Report.

2. Results prepared in accordance with Indian Accounting Standards (Ind AS).

3. No investor complaints pending during the quarter ended September 30, 2026.

4. Company operates in one reportable business segment (Ind AS-108 not applicable).

5. No business activities carried out, therefore no depreciation provision created as assets not put to use.

6. No deviation or variation in use of public issue proceeds from IPO during the quarter.

7. Management certification confirms financial results do not contain false or misleading statements.

Auditor Review

Asha & Associates, Chartered Accountants (FRN: 024773N) issued an unqualified review report stating that nothing has come to their attention that causes them to believe the financial results contain any material misstatement or omit material facts.