Board Meeting Details

The Board of Directors meeting was held on May 26, 2026, commencing at 12:30 pm and concluding at 4:15 pm.

Key Matters Approved

1. Financial Results Approval: The Board considered and approved the Audited Standalone & Consolidated Financial Results for the quarter and year ended March 31, 2026, and took on record the Auditor's Report issued by Statutory Auditors.

2. Dividend Declaration: Considering the loss in the current year, the Board did not recommend any dividend for financial year 2025-2026.

3. Director Reappointment: Approved the reappointment of Mr. Ketan Shrimankar (DIN: 00452468) as Non-Executive Independent Director for a second term of 2 years effective from August 10, 2026, subject to shareholder approval.

4. Resignation of Company Secretary: Accepted the resignation of Mr. Krupal Upadhyay (ACS 50301) from the position of Company Secretary & Compliance Officer (Key Managerial Personnel) effective from close of business hours on May 26, 2026.

5. New Appointment: Appointed Ms. Shruhita Rane (ACS 73053) as Company Secretary & Compliance Officer designated as Key Managerial Personnel effective June 1, 2026.

6. Materiality Committee: Authorized Key Managerial Personnel for determining materiality of events and making disclosures to Stock Exchanges as required under Reg. 30(5).

Financial Results Overview

Standalone Financials (Year Ended March 31, 2026):

  • Total Income: ₹6,404.23 lakh
  • Total Expenses: ₹6,466.54 lakh
  • Profit Before Exceptional Items and Tax: ₹(62.31) lakh
  • Exceptional Items: ₹79.03 lakh (related to New Labour Codes implementation)
  • Profit Before Tax: ₹(73.59) lakh
  • Tax Expense: ₹(11.28) lakh
  • Profit After Tax: ₹(62.31) lakh
  • Total Comprehensive Income: ₹(66.43) lakh
  • Paid-up Equity Share Capital: ₹460.03 lakh (Face Value ₹10 each)
  • Earnings Per Share: ₹(1.35)

Consolidated Financials (Year Ended March 31, 2026):

  • Total Income: ₹5,612.47 lakh
  • Total Expenses: ₹5,686.06 lakh
  • Profit Before Exceptional Items and Tax: ₹(73.56) lakh
  • Exceptional Items: ₹79.03 lakh
  • Profit Before Tax: ₹(73.59) lakh
  • Tax Expense: ₹(11.28) lakh
  • Profit After Tax: ₹(62.31) lakh
  • Total Comprehensive Income: ₹(66.43) lakh
  • Earnings Per Share: ₹(1.35)

Balance Sheet Position (As at March 31, 2026)

Standalone:

  • Total Assets: ₹6,478.64 lakh
  • Total Equity: ₹4,524.24 lakh
  • Total Liabilities: ₹1,954.40 lakh

Consolidated:

  • Total Assets: ₹7,062.62 lakh
  • Total Equity: ₹5,173.38 lakh
  • Total Liabilities: ₹1,889.23 lakh

Exceptional Item Details

The Company recognized an exceptional item of ₹79.03 lakh in both standalone and consolidated financial results for the year ended March 31, 2026, related to the implementation of New Labour Codes effective November 21, 2025. This represents incremental impact from revised wage definitions for employee benefit computations.

ESOP Grants

The Company granted 11,500 Employee Stock Options during the quarter to one employee, vesting in 12 months. Total ESOPs granted up to March 31, 2026: 46,000.

Subsidiary Information

The consolidated results include Aeonx Digital Solutions Private Limited (wholly-owned subsidiary), which contributed total assets of ₹806.73 lakh, revenues of ₹1,451.14 lakh, and net profit of ₹29.50 lakh for FY2026.

Investor Complaints

For quarter ended March 31, 2026: Received - Nil; Disposed - Nil; Closing Balance - Nil.

Key Management Personnel

Authorized personnel for materiality determinations:

  • Mr. Manan Shah - Director
  • Mr. Deepak Bhardwaj - CEO
  • Ms. Shruhita Rane - CS & Compliance Officer
  • Mr. Jitesh Rupani - CFO