Board Meeting Details

The Board of Directors meeting was held on Thursday, August 13, 2026, from 03:15 p.m. to 03:50 p.m.

Key Business Transacted

1. Approval of Unaudited Quarterly Financial Results

  • Approved the Un-Audited Standalone and Consolidated Financial Results for the first quarter ended June 30, 2026
  • The results include Limited Review Report from auditors V. K. Beswal & Associates

2. Constitution of Risk Management Committee

  • Voluntarily constituted pursuant to Regulation 21 of SEBI LODR Regulations, 2015
  • Effective from August 14, 2026
  • Composition:
  • Ms. Amrita Vakil (Chairperson) - Whole Time Director
  • Mr. Varun Vakil (Member) - Non-Executive Non-Independent Director
  • Ms. Shwetha M. Thomas (Member) - Non-Executive Independent Director
  • Mr. Kartikeya Kaji (Member) - Non-Executive Independent Director

3. Reconstitution of Corporate Social Responsibility Committee

  • Effective from August 14, 2026
  • Composition:
  • Mrs. Ragini Vakil (Chairperson) - Non-Executive Non-Independent Director
  • Ms. Amrita Vakil (Member) - Whole Time Director
  • Mr. Essaji Vahanvati (Member) - Non-Executive Independent Director

Standalone Financial Results (Amount in ₹ Lakhs)

Quarter Ended June 30, 2026 Performance:

  • Revenue from Operations: ₹4,314.17
  • Dividend Income: ₹32.94
  • Interest Income: ₹79.41
  • Net gain on fair value changes: ₹4,201.82
  • Other Income: ₹35.36
  • Total Income: ₹4,349.53
  • Total Expenses: ₹75.98
  • Employee Benefits Expenses: ₹14.73
  • Depreciation, amortization and impairment: ₹19.82
  • Other expenses: ₹41.44
  • Profit before tax: ₹4,273.54
  • Tax Expense: ₹896.01
  • Current Tax: ₹160.96
  • Deferred Tax: ₹735.05
  • Profit for the quarter: ₹3,377.54
  • Other Comprehensive Income: ₹116,399.35
  • Net Gain on Equity Instruments through OCI: ₹135,814.26
  • Income tax relating to OCI: ₹19,421.44
  • Total Comprehensive Income: ₹119,776.88
  • Earnings per equity share (Basic & Diluted): ₹1,688.77

Comparative Performance:

  • June 30, 2025: Profit of ₹3,121.05, EPS ₹1,560.53
  • March 31, 2026: Loss of ₹1,873.59, EPS -₹936.79
  • FY2025-26: Profit of ₹7,622.80, EPS ₹3,811.40

Consolidated Financial Results (Amount in ₹ Lakhs)

Quarter Ended June 30, 2026 Performance:

  • Revenue from Operations: ₹7,338.85
  • Dividend Income: ₹43.39
  • Interest Income: ₹123.56
  • Net gain on fair value changes: ₹7,171.90
  • Other Income: ₹35.36
  • Total Income: ₹7,374.21
  • Total Expenses: ₹125.27
  • Employee Benefits Expenses: ₹17.28
  • Depreciation, amortization and impairment: ₹34.15
  • Other expenses: ₹73.83
  • Profit before tax: ₹7,248.94
  • Tax Expense: ₹1,492.25
  • Current Tax: ₹273.97
  • Deferred Tax: ₹1,218.28
  • Profit for the quarter: ₹5,756.69
  • Other Comprehensive Income: ₹165,988.24
  • Net Gain on Equity Instruments through OCI: ₹193,675.64
  • Income tax relating to OCI: ₹27,695.62
  • Total Comprehensive Income: ₹171,744.93
  • Earnings per equity share (Basic & Diluted): ₹2,878.34

Comparative Performance:

  • June 30, 2025: Profit of ₹7,062.36, EPS ₹3,531.18
  • March 31, 2026: Loss of ₹4,122.11, EPS -₹2,061.05
  • FY2025-26: Profit of ₹10,852.04, EPS ₹5,426.02

Notes to Financial Results

1. Accounting Standards: Prepared in accordance with Indian Accounting Standards (Ind AS) including Ind AS 34 "Interim Financial Reporting" and SEBI Listing Regulations

2. Review and Approval: Financial results reviewed by Audit Committee and approved by Board of Directors on August 13, 2026

3. Quarterly Figures: Figures for quarter ended March 31, 2026 are balancing figures between audited full year and published unaudited YTD figures up to December 31, 2025

4. Business Nature: Company is an NBFC with activities limited to investment company operations. No separate reporting segments as per Ind AS 108

5. Consolidation: Includes subsidiaries Suptaswar Investments and Trading Company Limited (100%) and Murahar Investments and Trading Company Limited (100%)

6. Share Capital: 2,00,000 Equity shares of ₹10/- each fully paid-up

7. EPS Calculation: Earnings per share for interim period is not annualized

Auditor's Limited Review

  • V. K. Beswal & Associates conducted limited review in accordance with SRE 2410
  • Review provides moderate assurance that financial results are free from material misstatement
  • No audit opinion expressed as review is substantially less in scope than audit
  • Nothing came to attention that causes belief of material misstatement