Nature of Disclosure: Regulatory filing pursuant to SEBI Listing Regulations 30 and 33, containing the outcome of a Board meeting and the unaudited financial results for the quarter and half-year ended September 30, 2026.

Board Meeting Details: The Board of Directors meeting was held on November 06, 2026, via video conferencing. It commenced at 1:00 PM and concluded at 1:45 PM. The trading window for designated persons was closed from October 01, 2026, until 48 hours after the results declaration, in compliance with SEBI Insider Trading regulations.

Financial Results Approval: The Board considered and approved the Un-Audited Financial Results for the Quarter and Half-Year ended September 30, 2026, along with the draft Limited Review Report.

Financial Performance (₹ in Lakhs):

  • Revenue from Operations: Zero for Q2 FY27, H1 FY27, and the comparable periods (Q2 FY26 and H1 FY26).
  • Other Income: Zero for Q2 FY27 and H1 FY27. It was ₹405.88 lakh for Q2 FY26, H1 FY26, and FY26.
  • Total Expenses: ₹2.36 lakh for Q2 FY27 (Employee benefits: ₹0.75 lakh; Other expenses: ₹1.61 lakh). ₹12.75 lakh for H1 FY27 (Employee benefits: ₹1.50 lakh; Other expenses: ₹11.25 lakh).
  • Profit/(Loss) before tax: Loss of ₹2.36 lakh for Q2 FY27; Loss of ₹10.39 lakh for Q1 FY27; Profit of ₹402.49 lakh for Q2 FY26; Loss of ₹12.75 lakh for H1 FY27; Profit of ₹396.68 lakh for H1 FY26.
  • Profit/(Loss) after tax: Loss of ₹2.36 lakh for Q2 FY27; Loss of ₹10.39 lakh for Q1 FY27; Profit of ₹402.49 lakh for Q2 FY26; Loss of ₹12.75 lakh for H1 FY27; Profit of ₹396.68 lakh for H1 FY26.
  • Earnings Per Share (EPS) (Basic & Diluted): (₹0.45) for Q2 FY27; (₹1.97) for Q1 FY27; ₹5.59 for Q2 FY26; (₹2.42) for H1 FY27; ₹5.51 for H1 FY26.

Balance Sheet Position (as of September 30, 2026, ₹ in Lakhs):

  • Total Assets: ₹9.39 lakh (Unaudited), unchanged from the audited position on March 31, 2026.
  • Equity Share Capital: ₹52.63 lakh.
  • Other Equity: Negative ₹93.42 lakh (deteriorated from negative ₹80.68 lakh on March 31, 2026).
  • Borrowings (Non-current): ₹47.87 lakh (increased from ₹31.74 lakh on March 31, 2026).
  • Trade Payables: ₹1.66 lakh (decreased from ₹5.00 lakh on March 31, 2026).
  • Cash and Cash Equivalents: ₹3.17 lakh.

Cash Flow Statement (H1 FY27, ₹ in Lakhs):

  • Net cash used in operating activities: ₹(12.75) lakh, primarily due to the net loss before tax of ₹(12.75) lakh.
  • Net cash from financing activities: Zero for H1 FY27. The previous year included ₹50 lakh from equity issue and a net repayment of borrowings amounting to ₹(400.13) lakh.
  • Net decrease in cash: ₹(12.75) lakh.

Auditor's Review Report: Laxmikant Kabra & Co LLP issued an unmodified review conclusion on the financial results. Their report included an Emphasis of Matter stating that balances of debtors, creditors, loans/advances given, and loans/advances received are subject to confirmation and reconciliation.

Other Information:

  • The company has a single business segment; thus, segment reporting under Ind AS 108 is not applicable.
  • The financial results were reviewed by the Audit Committee and approved by the Board on November 06, 2026.
  • The results were prepared in accordance with Ind AS 34.