Key Quantitative Figures

Quarter Ended September 30, 2026 (Unaudited):

  • Total Income: ₹40.15 Lakhs
  • Profit Before Tax: ₹24.49 Lakhs
  • Tax Expense: ₹6.50 Lakhs
  • Profit for the Period: ₹17.99 Lakhs
  • Basic & Diluted EPS: Not quantifiable from provided data (table appears corrupted)

Half-Year Ended September 30, 2026 (Unaudited):

  • Total Income: ₹82.18 Lakhs
  • Profit Before Tax: ₹51.23 Lakhs
  • Tax Expense: ₹12.89 Lakhs
  • Profit for the Period: ₹38.34 Lakhs

Balance Sheet as of September 30, 2026 (Unaudited):

  • Total Assets: ₹1,214.87 Lakhs
  • Financial Assets: ₹1,057.39 Lakhs (including Loans: ₹912.50 Lakhs)
  • Total Liabilities: ₹173.40 Lakhs
  • Total Equity: ₹1,041.47 Lakhs
  • Paid-up Equity Share Capital: ₹490.72 Lakhs (Face Value: ₹10.00 per share)

Dates of Action

  • Board Meeting Date: November 13, 2026 (commenced at 11:00 AM, concluded at 1:20 PM)
  • Financial Period: Quarter and Half Year ended September 30, 2026
  • Limited Review Report Date: November 13, 2026

Parties Involved

  • Statutory Auditor: Srivatsan & Associates (FRN: 014921S)
  • Counterparty: M/s. Aryav Exports Private Limited
  • Regulatory References: SEBI (LODR) Regulations, 2015; RBI Act, 1934 Section 45-IA

Auditor's Qualified Opinion

The statutory auditors issued a qualified limited review report highlighting:

  • The company has not received interest on an inter-corporate deposit of ₹200 Lakhs given to M/s. Aryav Exports Private Limited on July 4, 2017
  • Consequently, no interest has been accrued for the quarter ending September 30, 2026
  • Had the company provided for this outstanding balance, net owned funds would be below RBI's minimum requirements for NBFCs
  • This casts significant doubt on the company's ability to continue as a going concern as an NBFC
  • The company's continuation depends on capital infusion to meet RBI net owned funds criteria within prescribed time limits

Financial Impact

  • The ₹200 Lakh inter-corporate deposit remains outstanding with accrued interest unrecognized
  • Specific financial impact of non-provisioning is not quantified in the disclosure
  • Going concern assumption is challenged due to potential net owned funds shortfall

Segment Information

  • Single reportable segment: Financial Services (NBFC activities)
  • Segment Revenue for Q2 September 2026: ₹40.15 Lakhs
  • Segment Results (Profit before tax and interest) for Q2 September 2026: ₹28.37 Lakhs

Cash Flow Information (Half-Year Ended September 30, 2026)

  • Net cash from operating activities: ₹2.07 Lakhs
  • Net cash used in investing activities: ₹-43.75 Lakhs
  • Net cash from financing activities: ₹39.76 Lakhs
  • Net decrease in cash and cash equivalents: ₹-1.92 Lakhs
  • Cash and cash equivalents at period end: ₹21.10 Lakhs

#Tags: #DharaniFinance #SEBIDisclosure #RegulatoryCompliance #FinancialResults #NBFC #Negative