The Board considered and approved the Unaudited Financial Results of the Company for the quarter and half year ended 30th September 2026, along with the Limited Review Report (LRR) from the statutory auditors.

Key Financial Figures (Rs. in Lakhs)

Quarter Ended 30th September 2026 (Unaudited)

  • Revenue from Operations: ₹0.00
  • Other Income: ₹0.56
  • Total Income: ₹0.56
  • Total Expenditure: ₹10.52
  • Loss Before Tax: ₹(10.26)
  • Tax Expense: ₹0.00
  • Net Loss After Tax: ₹(10.26)
  • Other Comprehensive Income: ₹1.32
  • Total Comprehensive Loss: ₹(8.94)
  • Basic & Diluted Earnings Per Share (EPS): ₹(0.01)

Half Year Ended 30th September 2026 (Unaudited)

  • Revenue from Operations: ₹0.00
  • Other Income: ₹0.56
  • Total Income: ₹0.56
  • Total Expenditure: ₹33.16
  • Loss Before Tax: ₹(32.60)
  • Tax Expense: ₹0.00
  • Net Loss After Tax: ₹(32.60)
  • Other Comprehensive Income: ₹1.60
  • Total Comprehensive Loss: ₹(31.00)
  • Basic & Diluted Earnings Per Share (EPS): ₹(0.06)

Comparative Figures (Unaudited for 30th September 2025)

  • Quarter Net Loss: ₹(16.04) Lakhs
  • Half Year Net Loss: ₹(26.48) Lakhs

Audited Figures for Year Ended 31st March 2025

  • Net Loss: ₹(28.12) Lakhs

Capital Structure

  • Paid-up Equity Share Capital (Face Value ₹2 each): ₹1,106.09 Lakhs (Remained unchanged from previous periods).

Auditor's Limited Review Report

The statutory auditors, Agarwal Sangeneria & Co. (FRN: 317224E), issued a limited review report with a qualification. They drew attention to Note No. 3, stating that the valuation of inventories of unquoted shares has been done at cost instead of the lower of cost or fair value. In the absence of adequate information, the impact of this on the financial results is not ascertainable.

Except for this matter, nothing else has come to their attention that causes them to believe the financial results contain any material misstatement.

Notes to Accounts

1. Business Segment: The Company's business falls within a single primary segment, 'Financial Services'.

2. Inventory Valuation: Valuation of inventories of unquoted equity shares has been done at cost, as their fair value is not available.

3. Arbitration Claim: Regarding the holding of 1,06,200 equity shares of GHCL (valued at ₹260.29 lakhs), the company had filed claims for non-delivery/missing shares against depository participant Destiny Securities Ltd. with BSE Ltd. In arbitration proceedings, BSE Ltd. accepted an admissible claim of ₹260.29 lakhs, which is yet to be received.

4. Tax Provision: Provision for tax has not been made for the quarter, as it will be provided against the full-year figures at year-end.

5. NCLT Petition: The Company has filed a petition before the Hon'ble National Company Law Tribunal (NCLT), Kolkata Bench, for approval of a reduction of its paid-up share capital. The petition is pending final sanction/approval. Pending the final NCLT order and its registration with the Registrar of Companies (ROC), no accounting entries for the capital reduction have been made in these financial statements. Adjustments will be made in the financial year when the order is registered.

6. Figures Regrouping: Figures for the previous year/period have been regrouped/rearranged where necessary for comparability.

Statement of Assets and Liabilities (As at 30th September 2026, Unaudited in ₹ Lakhs)

  • Total Assets: ₹299.31
  • Equity Share Capital: ₹1,106.09
  • Other Equity: ₹(1,205.86)
  • Borrowings: ₹299.07
  • Other Financial Liabilities: ₹100.02
  • Total Equity and Liabilities: ₹299.31

Statement of Cash Flow (Half Year Ended 30th September 2026, Unaudited in ₹ Lakhs)

  • Net Cash from Operating Activities: ₹(297.51)
  • Net Cash Used in Investing Activities: ₹(1.60)
  • Net Cash from Financing Activities: ₹299.07 (from proceeds of long-term borrowings)
  • Net Increase/(Decrease) in Cash: ₹(0.04)
  • Cash and Cash Equivalents at End of Period: ₹2.07