Fly-Hi Maritime Travels Limited (formerly known as Fly-Hi Maritime Travels Private Limited) held a Board of Directors meeting on November 14, 2026, from 5:00 PM to 6:40 PM. The meeting was conducted pursuant to SEBI Listing Obligations and Disclosure Requirements Regulations, 2015 (Regulation 30 and Regulation 33).

Key Board Approvals

The Board approved the following items:

  • Unaudited Standalone Financial Results for the half year ended September 30, 2026
  • Statement of Assets and Liabilities
  • Statement of Cash Flow

Financial Results Overview

The company's unaudited standalone financial results show significant changes in equity structure and performance:

Shareholder's Funds (₹ in Lakh):

  • Share capital: ₹709.02 lakh as of September 30, 2026 (increased from ₹501.0 lakh as of March 31, 2026)
  • Surplus: ₹4,915.19 lakh as of September 30, 2026 (increased from ₹1,294.9 lakh as of March 31, 2026)
  • Money Received Against Share Warrants: Not applicable

IPO and Listing Details

The company completed an Initial Public Offering (IPO) and subsequent listing:

  • IPO date: September 08, 2026
  • Listing platform: BSE SME
  • IPO structure: Offering of up to 51,60,000 equity shares of face value ₹5 each
  • Issue price: ₹102 per equity share (including a premium of ₹97 per equity share)
  • Fresh issue: Up to 41,60,400 equity shares
  • Offer for sale: Up to 9,99,600 equity shares by Mr. Jitendra Kumar Negi (selling shareholder)

IPO Proceeds Utilization (₹ in Lakh)

The company has utilized IPO proceeds according to the prospectus objectives:

| Purpose | Allocated Amount | Amount Utilized (Sep 30, 2026) | Unutilized Amount (Sep 30, 2026) |

| Repayment/Prepayment of Borrowings | 400.00 | 400.00 | 0.00 |

| Issue expense | 603.00 | 603.00 | 0.00 |

| General Corporate Purpose | 637.00 | 634.00 | 3.00 |

| Working Capital | 242.40 | 1935.17 | 488.83 |

| Business Marketing & Development | 180.00 | 0.00 | 180.00 |

| Total | 4244.00 | 3572.17 | 671.83 |

The unutilized amount of IPO proceeds (₹671.83 lakh) is invested in the Public Issue Monitoring account and Current account of the Company.

Auditor Review and Compliance

The financial results were subject to limited review by the statutory auditors, S. Sood & Co. (Firm Registration No.: 0010801N). CA Sanjay Sood (Partner, Membership No.: 089457) issued the review report dated November 14, 2026, from New Delhi.

Audit Opinion: Based on their review conducted in accordance with Standard on Review Engagements (SRE) 2410 issued by ICAI, nothing came to their attention that causes them to believe that the Statement contains any material misstatement or has not disclosed information required under Regulation 33 of SEBI LODR Regulations.

Additional Notes to Financial Results

1. The unaudited standalone financial results and Statement of Assets and Liabilities were reviewed by the Audit Committee and approved by the Board of Directors on November 14, 2026.

2. The results for half-year ended September 30, 2026, are reviewed by statutory auditors in compliance with Regulation 33 of SEBI LODR Regulations, 2015.

3. Financial results prepared in accordance with Accounting Standards prescribed under Section 133 of Companies Act, 2013.

4. Earnings Per Share (EPS) computed in accordance with AS 20 (Earnings Per Share). EPS for half-year periods are not annualized.

5. The company operates in a single reportable segment: "Travel Ticketing and Allied Services".