The Board approved the Audited Financial Results of the company for the quarter and year ended March 31, 2026, along with the Audit Report issued by the statutory auditor, M/s. Agarwal & Associates, Chartered Accountants. The results were prepared pursuant to Regulation 33 of the SEBI LODR Regulations.
The statutory auditors issued an unmodified opinion on the standalone audited financial results.
The meeting of the Board of Directors commenced at 12:30 p.m. and concluded at 1:15 p.m. on May 25, 2026.
Key Financial Results (Rs. in Lakh)
Profit and Loss Statement:
- Total Income (FY26 Audited): ₹14.85 (consisting entirely of Other Income; Revenue from Operations was ₹0.00)
- Total Expenses (FY26 Audited): ₹17.06
- Employee Benefits Expense (FY26 Audited): ₹1.80
- Depreciation and Amortisation Expense (FY26 Audited): ₹2.46
- Other Expenses (FY26 Audited): ₹12.80 (Breakdown: Listing Fees ₹5.19, Professional Charges ₹3.54, Others ₹4.07)
- Profit / (Loss) before Tax (FY26 Audited): (₹2.21)
- Tax Expense (FY26 Audited): ₹0.06 (Deferred Tax)
- Profit for the period / Net Loss (FY26 Audited): (₹2.15)
- Total Comprehensive Income / (Expenses) (FY26 Audited): (₹2.15)
- Earnings per share - Basic & Diluted (FY26 Audited): (₹0.15)
Balance Sheet Highlights (as of March 31, 2026):
- Paid-up Equity Share Capital: ₹1414.15 lakh (Face Value ₹10/- each)
- Reserves excluding Revaluation Reserves: (₹1411.86)
- Total Equity: ₹2.29
- Total Non-Current Liabilities: ₹272.81
- Total Current Liabilities: ₹6.41
- TOTAL EQUITY AND LIABILITIES: ₹281.51
Cash Flow Statement (FY26):
- Net cash provided by operating activities: ₹4.10
- Net cash used in investing activities: ₹1.45
- Net cash used in financing activities: (₹5.88)
- NET DECREASE IN CASH AND CASH EQUIVALENTS: (₹0.33)
- CASH AND CASH EQUIVALENTS AT THE END OF THE YEAR: ₹1.48
Notes to the Financial Results
1. The audited financial results have been prepared in accordance with Indian Accounting Standards (Ind AS).
2. The results were reviewed by the Audit Committee and approved by the Board of Directors on May 25, 2026.
3. The Statutory Auditors, Agarwal & Associates, have expressed an unmodified opinion on the results.
4. The Company does not currently have any operations, hence no segment reporting is applicable.
5. The quarter ended March 31, 2026, figure is a balancing figure between the audited full-year and published unaudited year-to-date figures up to the third quarter.
6. Prior period figures have been regrouped/reclassified where necessary.
Additional Declaration
A separate declaration dated May 25, 2026, was submitted to BSE, confirming that the Statutory Auditors issued an audit report with an unmodified opinion on the Audited Financial Results for the year ended March 31, 2026.