Board Meeting Details

The meeting commenced at 03:30 p.m. and concluded at 6:15 p.m. on August 12, 2026.

Key Agenda Items Approved

1. Unaudited Financial Results for Q1 FY27: The Board considered and approved the unaudited financial results for the quarter ended June 30, 2026.

2. Completion of Statutory Auditor Term: The Board took note of the completion of the five-year tenure of M/s. JKVS & Co., Chartered Accountants (Firm Registration No.: 318086E) as Statutory Auditors, effective upon conclusion of the ensuing 39th Annual General Meeting. The Board placed on record their appreciation for the services rendered during their tenure.

3. Recommendation of New Statutory Auditors: Based on the recommendation of the Audit Committee, the Board recommended the appointment of M/s. SGR & ASSOCIATES LLP, Chartered Accountants (Firm Registration No.: 022767N, Address: A-1703, Logix City Center, Sector-32, Noida, Uttar Pradesh – 201301) as Statutory Auditors for a consecutive period of five years. The proposed tenure would be from the conclusion of the 39th AGM until the conclusion of the 44th AGM, subject to member approval. The appointment is intended to conduct statutory audits for financial years 2026-27 through 2030-31.

Financial Results for Quarter Ended June 30, 2026 (₹ in Lakhs, except EPS)

Income Statement Highlights:

  • Total Income: ₹1,227.17
  • Interest Income: ₹356.22
  • Fees and Commission Income: ₹478.25
  • Net gain on derecognition of financial instruments: ₹4.95
  • Other Operating Income: ₹367.35
  • Other Income: ₹20.40
  • Net gain on fair value changes: Not applicable (shows blank in current quarter)
  • Total Expenses: ₹1,215.74
  • Finance Costs: ₹128.20
  • Fees and Commission Expense: ₹30.98
  • Impairment/Write-offs: Nil (compared to ₹-280.13 reversal in Q4 FY26)
  • Net loss on fair value changes: ₹18.61
  • Employee Benefits Expense: ₹615.09
  • Depreciation, Amortization: ₹15.70
  • Other Expenses: ₹407.16
  • Profit/(Loss) before exceptional items and tax: ₹11.43 (compared to ₹-78.60 in Q4 FY26)
  • Exceptional Items: Nil (compared to ₹-91.47 in Q4 FY26)
  • Profit/(Loss) before tax: ₹11.43
  • Tax Expense: ₹8.75 (Deferred tax)
  • Profit for the period: ₹20.18 (compared to ₹-1,818.67 in Q4 FY26)
  • Earnings Per Share (Basic & Diluted): ₹0.06

Balance Sheet Highlights:

  • Paid-up Equity Share Capital: ₹3,387.55 lakh (Face Value ₹10 per share)
  • Reserves: Not specified for current quarter (was ₹2,761.11 as of March 31, 2026)

Comparative Financials (₹ in Lakhs)

| Period | Q1 FY27 (Jun 30, 2026) | Q4 FY26 (Mar 31, 2026) | Q1 FY26 (Jun 30, 2025) | FY26 (Mar 31, 2026) |

| Total Income | 1,227.17 | 960.10 | 1,263.57 | 4,235.68 |

| Profit/(Loss) | 20.18 | (1,818.67) | (832.34) | (4,682.47) |

| EPS (₹) | 0.06 | (5.35) | (4.89) | (18.40) |