Key Board Approvals

1. Appointment of Internal Auditor

Based on Audit Committee recommendations, the Board appointed M/s. Hemraj Chheda & Co., Chartered Accountants (Firm Registration No. 033187) as Internal Auditor for Financial Year 2026-27. The appointment was made on August 10, 2026, for the financial year 2026-27. Terms of appointment and remuneration are to be mutually agreed between the auditor and the company.

2. Appointment of Secretarial Auditor

Based on Audit Committee recommendations, the Board approved the appointment of M/s. Sanil Dhayalkar & Co., Company Secretaries as Secretarial Auditor for a proposed term of five consecutive financial years from FY 2026-27 to FY 2030-31 (April 1, 2026 to March 31, 2031). This appointment is subject to approval by members at the ensuing Annual General Meeting. Mr. Sanil Dhayalkar, Proprietor of the firm, holds FCS No. 13442 and COP No. 16568, and the firm holds a valid Peer Review Certificate No. 2796/2022.

Financial Results Overview

The unaudited financial results for Q1 FY27 (quarter ended June 30, 2026) show:

Standalone Results:

  • Total Income: ₹0.00
  • Total Expenses: ₹9.61 lakhs
  • Loss before tax: ₹(9.61) lakhs
  • Loss for the period: ₹(9.61) lakhs
  • Total Comprehensive Income: ₹(9.61) lakhs
  • Paid-up Equity Share Capital: ₹1,534.00 lakhs (face value ₹10 each)
  • Basic EPS: ₹(0.006)
  • Diluted EPS: ₹(0.006)

Consolidated Results (including subsidiaries):

  • Total Income: ₹0.00
  • Total Expenses: ₹8.61 lakhs
  • Loss before tax: ₹(8.61) lakhs
  • Loss for the period: ₹(8.61) lakhs
  • Total Comprehensive Income: ₹(9.61) lakhs
  • Paid-up Equity Share Capital: ₹1,534.00 lakhs (face value ₹10 each)
  • Basic EPS: ₹(0.006)
  • Diluted EPS: ₹(0.006)

The consolidated results include:

  • M/s Anewera Marketing Private Limited (Subsidiary)
  • M/s C2M Technologies India Limited (Step Down Subsidiary)
  • M/s Doshi Enterprises Private Limited (Step Down Subsidiary)
  • M/s Mentor Capitalist Chambers Private Limited (Step Down Subsidiary)

The Group's share of net loss from associates and joint ventures was ₹9.61 lakhs for the quarter ended June 30, 2026.

Auditor Review

Gada Chheda & Co. LLP, Chartered Accountants (FRN No. W100059) conducted limited reviews of both standalone and consolidated financial results. Their review concluded that nothing came to their attention causing them to believe that the financial results contain any material misstatement or fail to disclose required information under SEBI Listing Regulations.

For the consolidated results, the auditors noted that the financial results of some entities included in the consolidation were unaudited and not reviewed by their auditors, but management considered these not material to the Group.

Publication and Compliance

An extract of the financial results will be published in "Business Standard" and "Mumbai Lakshadeep" in accordance with Regulation 47 of SEBI Listing Regulations. The financial results were prepared in accordance with Indian Accounting Standard 34 (Ind AS-34) and relevant provisions of the Companies Act, 2013.