Board Meeting Details

The Board Meeting commenced at 2:00 P.M. and concluded at 3:50 P.M. on 13th November 2026.

Key Outcomes

1. Approval of Financial Results

The Board of Directors approved the Un-audited Financial Results of the Company for the quarter ended 30th September 2026.

2. Director Appointment

The Board appointed Ms. Pooja Chugh (DIN: 07976479) as an Additional Director and Independent Director to the Board with effect from 13th November 2026.

3. Director Cessation

The Board took note of the cessation of Ms. Himani Aneja (DIN: 09009974) as an Independent Director due to personal reasons, effective 13th November 2026.

4. Committee Reconstitution

Consequent to the cessation of Ms. Himani Aneja, the Board approved the reconstitution of certain committees of the Board of Directors.

Detailed Financial Results (Quarter Ended 30th September 2026)

Income Statement Highlights (₹ in Lakhs)

  • Revenue from Operations (Interest Income): ₹127.28 (Unaudited)
  • Total Income: ₹127.28 (Unaudited)
  • Total Expenses: ₹226.77 (Unaudited)
  • Finance Costs: Not specified
  • Employee Benefits Expenses: ₹87.30
  • Depreciation, Amortisation and Impairment: ₹4.50
  • Other Expenses: ₹0.13
  • Profit/(Loss) Before Exceptional Items and Tax: (₹99.49)
  • Exceptional Items: Not specified
  • Profit/(Loss) Before Tax: (₹99.49)
  • Tax Expense: ₹0.00 (Current Tax: ₹0.00, Deferred Tax: ₹0.00, Income Tax for Earlier Years: ₹0.00)
  • Profit/(Loss) for the Period: (₹99.49)
  • Other Comprehensive Income: ₹0.00
  • Total Comprehensive Income for the Period: (₹99.49)
  • Earnings Per Equity Share (Basic): (₹1.33)
  • Earnings Per Equity Share (Diluted): (₹1.33)

Comparative Performance

  • Preceding Quarter (Q1 FY27 ended 30/06/2026): Profit of ₹26.10 lakhs, EPS of ₹0.35
  • Corresponding Quarter (Q2 FY26 ended 30/09/2025): Profit of ₹18.95 lakhs, EPS of ₹0.25
  • Half Year Ended 30/09/2026: Net loss of ₹73.39 lakhs, EPS of (₹0.98)
  • Half Year Ended 30/09/2025: Profit of ₹36.93 lakhs, EPS of ₹0.49
  • Full Year Ended 31/03/2026: Profit of ₹91.62 lakhs, EPS of ₹1.23

Balance Sheet Position (as at 30th September 2026)

Assets (₹ in Lakhs)

  • Total Assets: ₹4,583.67 (Unaudited) vs ₹4,570.66 (Audited as at 31/03/2026)
  • Financial Assets: ₹4,508.21
  • Cash and Cash Equivalents: ₹7.23
  • Loans and Advances: ₹4,140.00
  • Other Financial Assets: ₹360.98
  • Non-Financial Assets: ₹75.46
  • Property, Plant and Equipment: ₹2.27
  • Current Tax Assets (net): ₹73.19

Liabilities and Equity (₹ in Lakhs)

  • Total Liabilities: ₹4,053.06
  • Financial Liabilities: ₹4,034.26
  • Borrowings: ₹3,655.75
  • Other Financial Liabilities: ₹378.51
  • Non-Financial Liabilities: ₹18.80
  • Provisions: ₹18.80
  • Equity: ₹530.61
  • Equity Share Capital: ₹747.74 (unchanged)
  • Other Equity: (₹217.13) vs (₹143.74) as at 31/03/2026

Cash Flow Statement

Quarter Ended 30th September 2026 (₹ in Lakhs)

  • Net Cash from Operating Activities: ₹6.08
  • Net Cash Used in Investing Activities: (₹1.63)
  • Net Cash from Financing Activities: ₹0.00
  • Net Increase in Cash and Cash Equivalents: ₹4.46
  • Cash and Cash Equivalents at Quarter End: ₹7.23

Half Year Ended 30th September 2026 (₹ in Lakhs)

  • Net Cash Used in Operating Activities: (₹1.90)
  • Net Cash Used in Investing Activities: (₹1.63)
  • Net Cash from Financing Activities: ₹0.00
  • Net Decrease in Cash and Cash Equivalents: (₹3.53)
  • Cash and Cash Equivalents at Period End: ₹7.23

Director Appointment Details

  • Name: Ms. Pooja Chugh
  • DIN: 07976479
  • Appointment Date: 13th November 2026
  • Role: Additional Director and Independent Director
  • Profile: Corporate governance expert with over 13 years of experience in legal advisory, financial management, and compliance. Holds Company Secretaryship, LL.B., and MBA in Finance. Specializes in drafting agreements, due diligence, corporate matters, FDI, secretarial audits, NBFC compliance, and Intellectual Property Rights.

Director Cessation Details

  • Name: Ms. Himani Aneja
  • DIN: 09009974
  • Cessation Date: 13th November 2026
  • Reason: Resignation due to personal reasons

Reconstituted Board Committees

Audit Committee

  • Chairman: Mr. Siddheshwar Kumar Upadhyay (Non-Executive Independent Director)
  • Members: Ms. Pooja Chugh (Non-Executive Independent Director), Mr. Gurvinder Pal Singh (Non-Executive Director)

Nomination and Remuneration Committee

  • Chairman: Ms. Pooja Chugh (Non-Executive Independent Director)
  • Members: Mr. Siddheshwar Kumar Upadhyay (Non-Executive Independent Director), Mr. Gurvinder Pal Singh (Non-Executive Director)

Stakeholders Relationship Committee

  • Chairman: Mr. Gurvinder Pal Singh (Non-Executive Director)
  • Members: Ms. Pooja Chugh (Non-Executive Independent Director), Mr. Siddheshwar Kumar Upadhyay (Non-Executive Independent Director)

Additional Information

  • The company operates only in one segment: loan company
  • Previous period figures have been regrouped and/or reclassified wherever necessary
  • No investor complaints were received during the period, with no complaints pending at beginning or end of period
  • The financial results were reviewed by Gupta Garg & Agarwal, Chartered Accountants (FRN: 505762C)