Financial Performance Summary

Financial Year: 2025-2026 (April 1, 2025 to March 31, 2026)

Key Financial Figures (₹ in Lakhs):

  • Income: ₹8.89 (Previous year: ₹8.41)
  • Expenditure: ₹65.25 (Previous year: ₹11.41)
  • Profit/(Loss) before tax: (₹56.36) (Previous year: (₹3.00))
  • Profit/(Loss) after tax: (₹56.37) (Previous year: (₹3.00))
  • Earnings per share (Basic & Diluted): (₹2.56) (Previous year: (₹0.14))

Share Capital:

  • Paid-up Equity Capital: ₹220.50 lakhs
  • Number of Equity Shares: 22,05,000 shares of ₹10 each
  • No change in share capital during the year
  • No bonus shares, differential voting rights shares, stock options, sweat equity, or buyback during the year

Corporate Governance and Management Changes

Board of Directors:

  • Mr. Manoj Chander Pandey (Managing Director/CFO)
  • Mr. Peeyush Sethia (Executive Director)
  • Mr. Ish Sadana (Independent Director)
  • Mr. Ankit Singhal (Independent Director)
  • Mr. Saurabh (Independent Director)
  • Ms. Apra Sharma (Independent Director)

Management Changes during FY26:

  • Ms. Chetna resigned as Non-Executive Independent Director on May 12, 2025
  • Mr. Saurabh appointed as Additional Director (Non-Executive Independent) on May 13, 2025
  • Ms. Apra Sharma appointed as Additional Director (Non-Executive Independent) on June 09, 2025
  • Mr. Kanwar Nitin Singh resigned as Company Secretary and Compliance Officer on September 04, 2025
  • Ms. Priyanka Gupta appointed as Company Secretary and Compliance Officer on September 04, 2025
  • Mr. Peeyush Sethia resigned as CFO on July 10, 2026
  • Mr. Manoj Chander Pandey appointed as CFO on July 10, 2026

Committee Structure:

  • Audit Committee: Mr. Ankit Singhal (Chairperson), Mr. Ish Sadana, Mr. Peeyush Sethia - Met 4 times
  • Nomination and Remuneration Committee: Mr. Ankit Singhal (Chairperson), Mr. Ish Sadana, Ms. Apra Sharma, Mr. Saurabh - Met 3 times
  • Stakeholders Relationship Committee: Mr. Ankit Singhal (Chairperson), Mr. Ish Sadana, Ms. Apra Sharma - Met 4 times

Annual General Meeting Details

41st AGM Date: September 23, 2026 at 4:00 PM

Venue: Registered office at A-201, 2nd Floor, Navneelam Premises CHS., 108, DR R G Thadani Marg, Podar Hospital, Worli, Mumbai City, Maharashtra, 400018

Business to be Transacted:

1. Adoption of audited financial statements for FY 2025-26

2. Re-appointment of Mr. Peeyush Sethia (DIN: 09850692) as Executive Director retiring by rotation

Book Closure: September 17, 2026 to September 23, 2026 (both days inclusive)

E-voting Period: September 20, 2026 (9:00 AM) to September 22, 2026 (5:00 PM)

Auditor Reports and Qualifications

Statutory Auditors: Rajesh U Shah & Associates (FRN: 327799E)

Appointment Period: From 38th AGM (2023) to 43rd AGM (2028)

Qualified Opinion Issues:

1. Trade receivables and other current assets classified as current despite being outstanding for several years

2. No assessment of impairment of assets conducted

3. Trade receivables, other current assets, and other non-current assets subject to confirmation

4. Financial assets not measured at fair value as required

5. No provision for deferred tax liability/asset

6. Property, plant & equipment not derecognized when no economic benefits expected

7. Employee benefits not provided for

Secretarial Auditor: CS Aakash Goel of G Aakash & Associates

Secretarial Audit Report: Unqualified opinion

Key Operational Highlights

  • Business Performance: Company incurred loss of ₹56.37 lakhs compared to ₹3.00 lakhs in previous year
  • No dividend recommended for equity shareholders for FY 2025-26
  • No transfers to reserves during the year
  • No material changes affecting financial position between year-end and report date
  • No deposits accepted during the year
  • No related party transactions considered material
  • No subsidiary/joint venture/associate companies
  • No significant regulatory or court orders impacting going concern status

Other Material Information

  • Bankers: HDFC Bank Ltd
  • RTA: ABS Consultant Pvt. Ltd., Kolkata

Financial Position (as at March 31, 2026)

Assets (₹ in Lakhs):

  • Non-Current Investments: ₹323.19
  • Inventories: ₹2.00
  • Sundry Debtors: ₹34.80
  • Cash & Cash Equivalents: ₹5.30
  • Short-Term Loans & Advances: ₹56.06

Liabilities (₹ in Lakhs):

  • Share Capital: ₹220.50
  • Reserves and Surplus: ₹197.97
  • Other Current Liabilities: ₹2.87