Board Meeting Details
The Board of Directors meeting was held on October 30, 2026, commencing at 3:00 PM and concluding at 3:25 PM.
Key Decisions Approved
1. Approved Un-Audited Standalone Financial Results for the quarter and half year ended September 30, 2026
2. Delegated to the Managing Director the authority given to the Board of Directors under the Postal Ballot Notice dated October 1, 2026 to make any change(s) or modification(s) in the Object Clause of the Memorandum of Association of the Company, as may be required
Financial Results Summary
Quarter Ended September 30, 2026 (Unaudited)
- Total Income: ₹0.47 lakh (entirely from Other Income)
- Revenue from Operations: ₹0.00 lakh
- Total Expenses: ₹30.21 lakh
- Employee benefits expense: ₹1.86 lakh
- Finance Costs: Not specified in quarter breakdown
- Depreciation and amortization expense: ₹5.51 lakh
- Legal & Professional charges: ₹22.85 lakh
- Loss Before Tax: ₹(29.74) lakh
- Tax Expense: ₹0.00 lakh
- Net Loss: ₹(29.74) lakh
- Earnings Per Share (Basic & Diluted): ₹(1.07) per share of ₹5 face value
Half Year Ended September 30, 2026 (Unaudited)
- Total Income: ₹0.99 lakh (entirely from Other Income)
- Revenue from Operations: ₹0.00 lakh
- Total Expenses: ₹51.42 lakh
- Employee benefits expense: ₹3.03 lakh
- Finance Costs: Not specified in half-year breakdown
- Depreciation and amortization expense: ₹8.27 lakh
- Legal & Professional charges: ₹40.12 lakh
- Loss Before Tax: ₹(50.43) lakh
- Tax Expense: ₹0.00 lakh
- Net Loss: ₹(50.43) lakh
- Earnings Per Share (Basic & Diluted): ₹(1.82) per share of ₹5 face value
Comparative Figures
Quarter Ended September 30, 2025: Net Loss of ₹(4.60) lakh
Half Year Ended September 30, 2025: Net Loss of ₹(9.95) lakh
Year Ended March 31, 2026: Net Loss of ₹(33.49) lakh
Capital Structure
- Paid-up Equity Share Capital: ₹138.83 lakh (27,766,600 shares of ₹5 each)
- No change in share capital during the period
Balance Sheet Position (as of September 30, 2026)
- Total Assets: ₹91.41 lakh
- Non-Current Assets: ₹86.70 lakh (including Property, plant and equipment: ₹57.33 lakh, Other Financial Assets: ₹29.29 lakh, Deferred Tax Assets: ₹0.09 lakh)
- Current Assets: ₹4.71 lakh (including Cash and Cash Equivalents: ₹0.27 lakh, Other Current Assets: ₹4.44 lakh)
- Total Equity: ₹(123.20) lakh (Negative)
- Equity Share Capital: ₹138.83 lakh
- Other Equity: ₹(262.03) lakh
- Non-Current Liabilities: ₹53.92 lakh
- Financial Liabilities: ₹15.00 lakh (Borrowings)
- Lease Liabilities: ₹38.92 lakh
- Current Liabilities: ₹160.70 lakh
- Financial Liabilities: ₹57.40 lakh (Borrowings)
- Lease Liabilities: ₹19.91 lakh
- Other Financial Liabilities: ₹1.40 lakh
- Other Current Liabilities: ₹81.99 lakh
Cash Flow Statement (Half Year Ended September 30, 2026)
- Net Cash from Operating Activities: ₹(48.56) lakh
- Net Cash Used in Investing Activities: ₹0.00 lakh
- Net Cash Used in Financing Activities: ₹(0.06) lakh
- Net Decrease in Cash: ₹(0.06) lakh
- Cash at Beginning: ₹0.33 lakh
- Cash at End: ₹0.27 lakh
Auditor Review
Vatsaraj & Co., Chartered Accountants (Firm Registration No: 111327W) conducted a limited review of the financial results and issued an unmodified review report. The review was performed in accordance with Standard on Review Engagements (SRE) 2410 issued by ICAI. The auditors concluded that nothing came to their attention causing them to believe that the financial results were not prepared in accordance with Ind AS 34 and SEBI Listing Regulations.
Investor Complaints
There were no investor complaints pending at the beginning of the quarter, no complaints received during the quarter, and no complaints pending at the end of the quarter.
Financial Impact Assessment
The document discloses continued operational challenges with no revenue generation and increasing losses compared to previous periods. The financial impact is quantified in the results.
#Tags: #AmalgamatedElectricity #Q2Results #FinancialResults #SEBIDisclosure #RegulatoryCompliance #Negative