Corrigendum Details
The following corrections are to be read in the Annual Report:
- Pages 1, 13 and 14 - Notice, Item Nos. 3 & 4: Reference to "Ordinary Resolution" for appointment of Dr. Ranu Jain and Mr. Santosh Bhattacharjee as Non-Executive Independent Directors shall be read as "Special Resolution"
- Page 6 - Notes, Point No. 28: Deletion of words "As you are aware, in view of the situation arising due to COVID-19 global pandemic"
- Point No. 7 - Notes, Company Email ID: Correction to "compliance@continentalcontrol.in" from previously mentioned email ID
- Page 32 - Board's Report, Postal Ballot, Point No. 1 - Scrutiniser's Report: Date correction to 22nd May 2026
All other contents, disclosures, information and particulars contained in the Annual Report remain unchanged.
Financial Results (Standalone)
| Particulars | 2025-26 (₹ in Thousand) | 2024-25 (₹ in Thousand) |
| Income from Operations | - | - |
| Other Income | 2,302.00 | 1,880.72 |
| Total Income | 2,302.00 | 1,880.72 |
| Total Expenses | 3,475.00 | 1,115.47 |
| Profit/(Loss) Before Tax | (1,173) | 765.25 |
| Tax Expenses | 97.00 | 76.42 |
| Profit/(Loss) for the period | (1,270) | 688.83 |
| Total Comprehensive Income | (1,270) | 688.83 |
Key Financial Information
- Reserves & Surplus: ₹(41,437) as at March 31, 2026 compared to ₹(40,167.90) previous year
- Short Term Borrowings: Nil in current financial year compared to ₹383.50 during previous year
- Retained Earnings: Closing balance of ₹(56,805) after all appropriations and adjustments
- No amount transferred to reserves for FY ended March 31, 2026
- No dividends recommended due to inadequate profits
Share Capital
- Authorized Share Capital: Increased from ₹9.15 crore to ₹59.15 crore pursuant to Special Resolution passed by Members through Postal Ballot on December 4, 2025
- Paid-up Share Capital: ₹6,14,62,560 divided into 61,46,256 equity shares of ₹10 each (no change during period under review)
Rights Issue Proposal
- Board approved proposal on July 15, 2026 to raise funds up to ₹50 crore via Rights Issue of equity shares
- Rights Issue Committee constituted for the issue
- Company has filed Draft Letter of Offer with BSE Limited for in-principle approval
- Appointed Purva Sharegistry (India) Private Limited as Registrar to the Issue
- Appointed ICICI Bank Limited as Banker to the Issue/Escrow Collection Bank/Refund Bank
- Appointed Acuite Ratings & Research Limited as Monitoring Agency
- In-principle approval from BSE Limited and SEBI observation letter awaited as of report date
Board Composition Changes
Appointments:
- Dr. Ranu Jain (DIN: 11012104) appointed as Non-Executive Independent Director effective July 15, 2026
- Mr. Santosh Bhattacharjee (DIN: 02447452) appointed as Non-Executive Independent Director effective July 15, 2026
- Ms. Anushree Tekriwal appointed as Company Secretary & Compliance Officer effective July 15, 2026
Resignations:
- Ms. Khusbu Agrawal resigned as Non-Executive Independent Director effective July 15, 2026
- Ms. Chetna Gupta resigned as Non-Executive Independent Director effective July 30, 2026
- Ms. Jyoti Darade resigned as Company Secretary effective April 15, 2026
Re-appointments:
- Mr. Rajnish Kumar Pandey re-appointed as Executive Whole-time Director for 5 years from April 12, 2026 to April 11, 2031
- Mr. Abhay Kumar Sethia, Ms. Chetna Gupta, and Ms. Khusbu Agrawal re-appointed as Non-Executive Independent Directors for second term of 5 years from February 5, 2026 to February 4, 2031
Annual General Meeting
- 31st AGM to be held on Monday, September 28, 2026 at 03:00 p.m. through Video Conference and Other Audio Visual Means
Ordinary Business:
1. Adoption of Audited Standalone Financial Statements for FY ended March 31, 2026
2. Re-appointment of Ms. Lucy Maqbul Massey as Non-Executive Non-Independent Director
Special Business:
3. Appointment of Dr. Ranu Jain as Non-Executive Independent Director (Special Resolution)
4. Appointment of Mr. Santosh Bhattacharjee as Non-Executive Independent Director (Special Resolution)
Material Changes and Commitments Post Financial Year
- Proposed Rights Issue of up to ₹50 crore
- Increase in Authorized Share Capital approved via Postal Ballot
- Acquisition of commercial usage rights for "Ready Shopping" and "Ready Pharmacy" from Onelife Capital Advisors Limited for Fixed License Fee of ₹53,99,603 and ongoing quarterly royalty share of 0.5%
- Related party transaction with Dealmoney Commodities Private Limited for premises lease
- Changes in Key Managerial Personnel and Board composition
- Appointment of Aadhar Agarwal & Co. as Internal Auditor for FY 2026-27