Board Meeting Details
The Board Meeting commenced at 03:30 p.m. and concluded at 4:00 p.m. on August 13, 2026.
Key Decisions Approved
1. Unaudited Financial Results: Approved unaudited financial results for the quarter ended June 30, 2026, along with Limited Review Certificate.
2. Director Appointment: Appointment of Shri Achal Vijay (DIN: 11821713) as Additional Independent Director of the Company.
3. Director Resignation: Resignation of Smt. Kanika Vijayavergiya (DIN: 07651318) as Independent Director of the Company.
4. Company Secretary Resignation: Resignation of Smt. Nidhi Kothari (ACS: 54354) as Company Secretary & Compliance Officer effective August 31, 2026.
Financial Results Highlights (Quarter Ended June 30, 2026)
- Total Revenue: ₹4.89 lakh
- Total Expenditure: ₹16.38 lakh
- Profit Before Tax: Loss of ₹13.49 lakh
- Profit After Tax: Loss of ₹13.49 lakh
- Paid-up Equity Share Capital: ₹167.50 lakh (Face Value: ₹10 per share)
Auditor's Limited Review Report
ASKA&CO (FRN: 122063W) conducted limited review of unaudited financial results for quarter ended June 30, 2026 in accordance with SRE 2410.
Emphasis of Matter:
- Company has significant accumulated losses as at June 30, 2026 which exceed total reserves and capital
- Company reported net loss for current quarter
- Current liabilities exceed current assets
- Most workers/staff have left employment as company has no manufacturing facility of its own
- These conditions indicate material uncertainty regarding company's ability to continue as going concern
Management Response: Financial results prepared on going concern basis based on assessment of future business plans, available sources of finance, and other mitigating factors.