Board Meeting Details

The Board of Directors meeting was held on Wednesday, 07th October, 2026, from 01:00 P.M. to 01:40 P.M. at the corporate office at 47/18, Old Rajinder Nagar, Near Rajendra Place Metro Station, New Delhi-110060.

Financial Results Approval

The Board considered and approved the Un-Audited Financial Results along with Limited Review Report for quarter and half year ended on September 30th, 2026, pursuant to Regulation 33 of SEBI (LODR) Regulations, 2015.

Statement of Deviation/Variation

The Company issued 5,00,00,00,000 Non-Convertible Preference shares amounting to ₹5,00,00,00,000/- (Rupees Five Hundred Crore only). The Board confirmed there is no deviation or variation in the utilization of proceeds from the objects stated in the Explanatory Statement to the notice of the General Meeting/Offer Document.

Financial Performance Highlights (₹ in lakhs)

Quarter Ended 30.09.2026 (Unaudited):

  • Revenue from operations: ₹78,488.42
  • Total Income: ₹78,488.42
  • Total Expenses: ₹89,160.67
  • Loss before tax: ₹(10,672.25)
  • Loss for the period: ₹(10,672.25)
  • Basic & Diluted EPS: ₹(0.17)

Half Year Ended 30.09.2026 (Unaudited):

  • Total Income: ₹78,505.15
  • Loss before tax: ₹(10,665.76)
  • Loss for the period: ₹(10,665.76)
  • Basic & Diluted EPS: ₹(0.17)

Comparative Figures (Previous Year Audited):

  • Year ended 31.03.2026 Total Income: ₹1,058.67
  • Year ended 31.03.2026 Profit before tax: ₹344.10
  • Year ended 31.03.2026 Profit after tax: ₹288.25

Balance Sheet Highlights (₹ in lakhs)

As of 30.09.2026 (Unaudited):

  • Total Assets: ₹100,589.29
  • Total Equity: ₹85,213.09
  • Equity Share Capital: ₹92,748.00
  • Other Equity: ₹(7,534.91)
  • Non-current borrowings: ₹15,038.70
  • Inventories: ₹92,155.03
  • Trade receivables (non-current): ₹8,308.21
  • Cash and cash equivalents: ₹3.29

As of 31.03.2026 (Audited):

  • Total Assets: ₹208,135.83
  • Total Equity: ₹65,878.84
  • Equity Share Capital: ₹62,748.00
  • Other Equity: ₹3,130.84
  • Non-current borrowings: ₹142,200.00
  • Inventories: ₹1,148.03
  • Trade receivables (non-current): ₹37,363.15
  • Cash and cash equivalents: ₹2.24

Cash Flow Statement (Half Year Ended 30.09.2026)

  • Net cash from operating activities: ₹(101,392.58)
  • Net cash from investing activities: ₹198,554.94
  • Net cash from financing activities: ₹(97,161.30)
  • Net increase in cash: ₹1.06
  • Cash at beginning: ₹2.24
  • Cash at end: ₹3.29

Auditor's Limited Review Report

VRSK & Associates issued a limited review report with an emphasis of matter stating that the financial results "have not been prepared in accordance with applicable accounting standards i.e. IND AS" and noted that "Interest on loan given and taken is not provided."