Board Meeting Details

The Board of Directors meeting was held on August 12, 2026, commencing at 11:30 AM and concluding at 04:15 PM.

Financial Results for Q1 FY27 (Quarter ended June 30, 2026)

The company reported unaudited standalone financial results showing continued operational challenges:

  • Revenue from Operations: ₹0.00 lakh (consistent with previous quarters)
  • Other Income: ₹0.07 lakh (compared to ₹1.14 lakh in Q4 FY26 and ₹0.00 lakh in Q1 FY25)
  • Total Income: ₹0.07 lakh
  • Total Expenses: ₹31.84 lakh, comprising:
  • Employee benefits expense: ₹2.88 lakh
  • Other expenses: ₹28.96 lakh
  • Finance costs: ₹0.00 lakh
  • Depreciation and amortization: ₹0.00 lakh
  • Loss before tax: ₹(31.77) lakh
  • Tax Expense: ₹0.01 lakh (deferred tax)
  • Net Loss for the quarter: ₹(31.78) lakh
  • Earnings Per Share (Basic & Diluted): ₹(3.16) per share
  • Paid-up equity share capital: ₹100.50 lakh (face value ₹10 per share)

Comparative Performance

  • Q4 FY26 (Mar 2026): Net loss of ₹(47.88) lakh
  • Q1 FY25 (Jun 2025): Net loss of ₹(11.53) lakh
  • FY26 (Audited): Net profit of ₹618.31 lakh

Registered Office Shift Approval

The Board noted the approval received from the Regional Director (Northern Region) via Order No. AC4421604/13(4)/RD(NR-I)/2026/4171 dated July 28, 2026, for shifting the registered office from Uttar Pradesh to Maharashtra. The certified copy was filed with the Registrar of Companies in e-Form INC-28 on August 01, 2026. Mr. Akhay Shivaji Adhalrao, Managing Director, was authorized to complete subsequent filings including e-Form INC-22.

Annual General Meeting Details

The 55th Annual General Meeting will be held on Wednesday, September 16, 2026, at 12:00 PM through Video Conferencing/Other Audio Visual Means.

Share Transfer Book Closure

The Register of Members & Share Transfer Books will remain closed from Friday, September 11, 2026, to Wednesday, September 16, 2026 (both days inclusive) for the AGM.

E-voting Arrangements

The cut-off date for determining eligibility for e-voting is Thursday, September 10, 2026. Mr. Awashesh Dixit (ICSI Membership No: FCS-10860, C.P. No. 15398) was appointed as Scrutinizer to oversee the e-voting process. The scrutinizer's report and e-voting results will be submitted to stock exchanges as per Regulation 44 of SEBI Listing Regulations.

Auditor's Limited Review Report

B.C. Jain & CO Chartered Accountants (FRN: 001099C) issued a limited review report on the unaudited standalone financial results. CA Shyam Ji Gupta (M No. 416155) signed the report dated August 12, 2026, from Kanpur. The review was conducted under SRE 2410, and nothing came to their attention causing belief that the statements contain material misstatements or lack required disclosures.

Financial Statement Notes

The financial results were prepared in accordance with Ind AS 34 and reviewed by the Audit Committee before Board approval. Figures for comparative periods have been reclassified where necessary to conform to current period presentation.