Board Meeting Details

The Board meeting was held on Thursday, August 13, 2026, at the registered office in Bhagwant Kuti Kankhal, Haridwar, Uttarakhand. The meeting commenced at 12:30 PM and concluded at 1:55 PM. All directors were present with no leave of absence granted.

Key Board Decisions

The Board discussed, considered, and approved the following matters:

  • Noted the minutes of the previous Board meeting
  • Noted the tripartite agreement entered by the Company with M/s. MAS Services Limited (OLD RTA) and M/s. Nivis Corpserve LLP (NEW RTA) on June 20, 2026, regarding RTA services
  • Approved the quarterly and year-to-date unaudited financial results for the quarter ended June 30, 2026
  • Approved the Limited Review Report on the quarterly and year-to-date financial results for the quarter ended June 30, 2026

Financial Results Overview

The company reported the following financial results for the quarter ended June 30, 2026 (all figures in ₹ lakhs except per share data):

Quarter Ended June 30, 2026 (Unaudited)

  • Revenue from operations: ₹82.83
  • Other Income: ₹0.00
  • Total Revenue: ₹82.83
  • Total Expenses: ₹74.80
  • Cost of materials consumed: ₹8.22
  • Employees benefits expense: ₹22.89
  • Finance Cost: ₹5.40
  • Depreciation and amortization expense: ₹10.91
  • Other expenses: ₹27.38
  • Profit before tax: ₹8.03
  • Tax Expense: ₹0.00
  • Net Profit for the period: ₹8.03
  • Basic and Diluted EPS: ₹0.14
  • Paid-up equity share capital: ₹569.83 lakhs
  • Face value per equity share: ₹10.00

Comparative Performance

  • Revenue decreased 36.3% YoY from ₹129.99 lakhs in Q1 June 2025
  • Net profit decreased 16.3% YoY from ₹9.59 lakhs in Q1 June 2025
  • EPS decreased from ₹0.22 in Q1 June 2025 to ₹0.14 in Q1 June 2026

Auditor Review

Anil Jain and Co., Chartered Accountants, issued a Limited Review Report dated August 13, 2026, with an unmodified opinion on the quarterly financial results. The review was conducted in accordance with Standard on Review Engagements (SRE) 2410 issued by ICAI.

Capital Structure Update

The company disclosed that it had completed a preferential allotment of 12,60,000 equity shares of face value ₹10 each at an issue price of ₹22 per share, raising ₹2,77,20,000. The allotment was approved by the Board on September 9, 2025, following shareholder approval on May 29, 2025, and received BSE listing approval on October 10, 2025, with trading commencing from October 27, 2025.