Board Meeting Details

The meeting commenced at 2:20 PM and concluded at 4:35 PM on May 23, 2026, conducted through video conferencing.

Financial Results Approval

The Board approved the Audited Standalone Financial Results for the fourth quarter and year ended March 31, 2026, along with the Auditor's Report. Mr. Nikunj Mange, Executive Director (DIN: 08489442), was authorized to sign the financial results on behalf of the Board.

Key Financial Figures (All amounts in ₹ lakhs)

Quarter Ended March 31, 2026 (Unaudited):

  • Revenue from Operations: ₹652.24
  • Other Income: ₹13.92
  • Total Income: ₹666.17
  • Total Expenses: ₹735.07
  • Loss before tax: ₹(68.91)
  • Tax Expenses: ₹0
  • Loss after tax: ₹(68.91)
  • Other Comprehensive Income: ₹6.12
  • Total Comprehensive Loss: ₹(62.79)
  • Basic EPS: ₹(0.67)
  • Diluted EPS: ₹(0.67)

Year Ended March 31, 2026 (Audited):

  • Revenue from Operations: ₹2,498.20
  • Other Income: ₹51.59
  • Total Income: ₹2,549.79
  • Total Expenses: ₹2,544.67
  • Profit before exceptional items and tax: ₹5.13
  • Exceptional Items: ₹0
  • Profit before tax: ₹5.13
  • Tax Expenses: ₹0
  • Profit after tax: ₹5.13
  • Other Comprehensive Income: ₹6.12
  • Total Comprehensive Income: ₹11.25
  • Basic EPS: ₹0.05
  • Diluted EPS: ₹0.05

Comparative Figures (Year Ended March 31, 2025):

  • Revenue from Operations: ₹2,199.90
  • Other Income: ₹38.89
  • Total Income: ₹2,238.79
  • Total Expenses: ₹2,031.53
  • Profit before exceptional items and tax: ₹207.26
  • Exceptional Items: ₹0
  • Profit before tax: ₹207.26
  • Tax Expenses: ₹0
  • Profit after tax: ₹207.26
  • Other Comprehensive Income: ₹0.04
  • Total Comprehensive Income: ₹207.30
  • Basic EPS: ₹2.01
  • Diluted EPS: ₹2.01

Balance Sheet Highlights (as of March 31, 2026):

  • Paid-up Equity Share Capital: ₹1,029.30 lakhs (face value ₹10 each)
  • Other Equity: ₹193.80 lakhs
  • Total Equity: ₹1,223.10 lakhs
  • Total Assets: ₹1,850.57 lakhs
  • Cash and Cash Equivalents: ₹126.46 lakhs

Key Appointments Approved

1. Company Secretary and Compliance Officer: Mrs. Neetu Maurya was appointed as Company Secretary and Compliance Officer effective May 24, 2026. She is an Associate Member of the Institute of Company Secretaries of India with comprehensive understanding of company law and corporate compliances.

2. Internal Auditor: M/s. Vishal J Bhanushali & Associates, Practicing Chartered Accountants (Firm Registration Number: 145806W), was appointed as Internal Auditor for the financial year 2026-2027 (April 1, 2026 to March 31, 2027). Mr. Vishal Bhanushali is the partner and a member of ICAI.

3. Additional Executive Director: Mr. Vaibhav Odhekar (DIN: 05135001) was appointed as Additional Executive Director for a tenure of five years commencing May 23, 2026, subject to shareholder approval. Mr. Odhekar is a seasoned entrepreneur with over 20 years of experience in technology-led platform businesses across India, Southeast Asia, and the Middle East. He is the Co-founder of POKKT mobile gaming monetization platform and holds an MBA from IIM Lucknow and a Bachelor of Engineering from Bhilai Institute of Technology. He is not related to any Directors/Key Managerial Personnel of the Company.

Business Acquisitions

1. Aspira DNA Diagnostics Gujarat LLP: Acquired on a slump sale basis for ₹13.00 lakhs, effective June 30, 2025. The LLP ceased business operations and is in the process of winding up under the LLP Act, 2008. Management concluded that the associate relationship effectively ceased from June 30, 2025, and therefore Consolidated Financial Statements were not prepared for FY2026.

2. Om Pathology Laboratory, Surat: Acquired on a going concern basis pursuant to a Business Transfer Agreement effective February 1, 2026. The acquisition includes transfer of operational business infrastructure and related assets. The transaction was accounted for in accordance with Ind AS, with deferred consideration recognized at fair value and goodwill subject to annual impairment testing.

Additional Declarations

  • No defaults on loans and debt securities outstanding as of March 31, 2026
  • Related Party Transactions were disclosed as required for quarterly filings
  • The company confirmed that Mr. Vaibhav Odhekar is not debarred from holding the office of Director by SEBI or any other authority

Cash Flow Statement (Year Ended March 31, 2026)

  • Net Cash from Operating Activities: ₹145.36 lakhs
  • Net Cash used in Investing Activities: ₹(80.43) lakhs
  • Net Cash used in Financing Activities: ₹(113.72) lakhs
  • Net Decrease in Cash and Cash Equivalents: ₹(48.78) lakhs