Board Meeting Details

The meeting commenced at 4:30 PM and concluded at 5:30 PM on 22nd July, 2026.

Key Decisions Approved

1. Approval of Standalone Un-Audited Financial Results

The Board adopted and approved the Standalone Un-audited Financial Results for the quarter ended 30th June, 2026. The financial results were prepared in accordance with Indian Accounting Standards (IND AS) and include a Limited Review Report by Shweta Jain & Co LLP.

Financial Performance Highlights (Amount in Lakhs):

  • Total Income from Operations: ₹94.60 (Q1 FY2027) vs ₹134.36 (Q4 FY2026) vs ₹102.98 (Q1 FY2026)
  • Net Sales/Income from Operations: ₹10.93
  • Other Operating Income: ₹83.67
  • Total Expenses: ₹88.00
  • Purchases of stock-in-trade: ₹17.86
  • Changes in inventories: (₹7.03) [credit]
  • Employee benefits expenses: ₹34.39
  • Finance cost: ₹1.03
  • Depreciation and amortization: ₹3.40
  • Other expenses: ₹38.35
  • Profit Before Tax: ₹6.60
  • Tax Expenses: ₹1.62 (Current Tax only)
  • Net Profit After Tax: ₹4.98
  • Total Comprehensive Income: ₹4.98
  • Paid-up Equity Share Capital: ₹1,700.00 (Face value ₹1 per share)
  • Earnings Per Share (EPS):
  • Basic: ₹0.00
  • Diluted: ₹0.00

Comparative Performance:

  • Net Profit After Tax: ₹4.98 (Q1 FY2027) vs ₹4.93 (Q4 FY2026) vs ₹4.64 (Q1 FY2026)
  • Full Year FY2026 Net Profit After Tax: ₹18.58

2. Appointment of Internal Auditor

The Board reappointed M/s. B.B. GAGRANI & Co. as the Internal Auditor of the Company for the financial year 2026-27.

Internal Auditor Details:

  • Reason for Change: Re-Appointment
  • Firm Profile: The firm and partners have experience in statutory audits, internal audits, tax audits, bank audits, stock audits, taxation matters, and financial consultancy.
  • Partner Qualifications:
  • CA Sharad Maheshwari: Completed certification course of Concurrent Audit of Banks (CCAB) and Forensic Audit & Fraud Detection (FAFD)
  • CA Ankit Sharma: Completed certification course on Financial Wealth Management & Financial Planning (ICAI) and Diploma in Information System Audit; also completed CCAB
  • CA Aman Agrawal: Completed CCAB
  • Relationships Disclosure: Not Applicable

Auditor's Review Report

Shweta Jain & Co LLP, Chartered Accountants (FRN: 127673W/W101149), issued a limited review report on the quarterly unaudited financial results. The review was conducted in accordance with Standard on Review Engagements (SRE) 2410. The auditor concluded that nothing has come to their attention that causes them to believe that the financial results:

  • Have not disclosed the information required under Regulation 33 of SEBI (LODR) Regulations, 2015
  • Contain any material misstatement

The financial results were prepared in accordance with Indian Accounting Standard 34 (Ind AS 34) and recognition and measurement principles under Section 133 of the Companies Act, 2013.