Disclosure Context
Ace Engitech Limited (formerly Prem Somani Financial Services Limited, CIN: L32111RJ1991PLC006220) submitted disclosures pursuant to Regulation 33 of SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015. The Board of Directors meeting was held on Tuesday, August 11, 2026, commencing at 12:00 PM and concluding at 5:30 PM, where they considered and approved the unaudited standalone financial results for the quarter ended June 30, 2026.
Financial Results Overview
Quarter Ended June 30, 2026 (Q1 FY27):
- Revenue from operations: ₹0.00 (zero revenue from new IT activity business line)
- Other income: ₹0.00
- Total income: ₹0.00
- Total expenses: ₹4.83 lakh
- Employee benefit expenses: ₹1.05 lakh
- Depreciation and amortization: ₹0.02 lakh
- Other expenditure: ₹3.76 lakh
- Profit before tax: Loss of ₹4.83 lakh
- Tax expense: ₹0.00 (no current tax, deferred tax, or prior year tax adjustments)
- Net loss for the period: ₹4.83 lakh (attributable entirely to shareholders)
- Total comprehensive income: Loss of ₹4.83 lakh
- Basic and diluted EPS: (₹0.56) per share
Comparative Performance:
- Previous quarter (Q4 FY26 ended March 31, 2026): Net loss of ₹5.88 lakh
- Year-ago quarter (Q1 FY26 ended June 30, 2025): Net loss of ₹4.71 lakh
- Full year FY26 (ended March 31, 2026): Net loss of ₹28.80 lakh
Capital Structure & Shareholding
- Paid-up equity capital: ₹85.89 lakh (face value ₹10 per share)
- Public shareholding: 6.20 lakh shares (72.13% of total capital)
- Promoter and promoter group shareholding: 2.39 lakh shares (27.87% of total capital)
- All promoter shares are non-encumbered
Compliance & Review
- The financial results were reviewed by the Audit Committee and approved by the Board of Directors
- Statutory auditors Rajvanshi & Associates conducted a limited review as required under Regulation 33 of SEBI (LODR) Regulations, 2015
- The auditors issued an unqualified report stating nothing came to their attention suggesting material misstatement
- No investor complaints were pending at the beginning of the quarter, received during the quarter, or disposed of during the quarter
Additional Information
- The results are prepared in accordance with Indian Accounting Standard for Interim Financial Reporting (Ind AS-34)
- The company has discontinued operations with no impact from discontinued operations in the current quarter
- The financial results are available on the company's website at www.aceengitech.com