The Board considered and approved the following matters:

1. Standalone Audited Financial Results

  • Approved the Standalone Audited Financial Results for the Quarter and Financial Year ended March 31, 2026
  • Audit Report issued by M/s Jain Akshay & Associates, Chartered Accountants (FRN: 040168N), Statutory Auditors of the Company
  • Financial results were reviewed and recommended by the Audit Committee

2. Financial Performance Highlights (Amount in ₹ Lakhs)

Quarter Ended March 31, 2026:

  • Total Income: ₹93.03
  • Total Expenses: ₹91.33
  • Profit before tax: ₹1.70
  • Tax expense: ₹11.14 (Current tax: ₹0.58, Deferred tax: ₹(0.16), Prior period taxes: ₹10.72)
  • Net Loss: ₹(9.44)
  • Basic and Diluted EPS: ₹(0.19)

Financial Year Ended March 31, 2026:

  • Total Income: ₹362.06
  • Total Expenses: ₹257.90
  • Profit before tax: ₹104.16
  • Tax expense: ₹24.60 (Current tax: ₹14.04, Deferred tax: ₹(0.16), Prior period taxes: ₹10.72)
  • Net Profit: ₹79.57
  • Basic and Diluted EPS: ₹1.59

Comparative Figures (FY25):

  • Net Profit: ₹38.30
  • Basic and Diluted EPS: ₹0.76

Revenue Breakdown (FY26):

  • Interest Income: ₹242.33
  • Fees and Commission Income: ₹115.66
  • Other Income: ₹4.06

Expense Breakdown (FY26):

  • Finance cost: ₹12.76
  • Impairment of Financial Instruments: ₹44.20
  • Employee benefit expense: ₹27.02
  • Depreciation and amortisation: ₹0.40
  • Fees and Commission Expenses: ₹135.47
  • Other expenses: ₹38.06

3. Remuneration Revision

  • Based on recommendation of Nomination and Remuneration Committee
  • Revision in remuneration for Mr. Prem Kumar Jain (DIN: 01151409), Managing Director, to ₹48,00,000 per annum effective April 1, 2026
  • Revision in remuneration for Mr. Atul Jain (DIN: 06608095), CFO & Director, to ₹48,00,000 per annum effective April 1, 2026
  • Both revisions subject to approval of shareholders of the Company

4. Capital Structure

  • Paid-up Equity Share Capital: ₹501.01 lakh (Face Value ₹10 per share)
  • Reserve & Surplus: ₹176.88 lakh (FY25: ₹97.31 lakh)

5. Cash Flow Statement (FY26)

  • Net Cash Flow from Operating Activities: ₹(237.48)
  • Net Cash from Investing Activities: ₹(0.33)
  • Net Cash from Financing Activities: ₹0.00
  • Cash and cash equivalents at beginning: ₹277.03
  • Cash and cash equivalents at end: ₹39.22

6. Assets and Liabilities Position (as at March 31, 2026)

Total Assets: ₹807.87 lakh

  • Financial Assets: ₹804.43 lakh (Cash: ₹39.22, Loans: ₹748.33, Other Financial Assets: ₹16.88)
  • Non-Financial Assets: ₹3.44 lakh (Deferred Tax Assets: ₹0.19, PPE: ₹0.34, Intangible: ₹0.26, Other: ₹2.65)

Total Equity and Liabilities: ₹807.87 lakh

  • Equity: ₹677.89 lakh (Share Capital: ₹501.01, Other Equity: ₹176.88)
  • Liabilities: ₹129.98 lakh (Financial: ₹128.56, Non-Financial: ₹1.42)

7. Auditor's Report

  • Statutory Auditors, M/s Jain Akshay & Associates, issued unmodified opinion on financial statements
  • Audit report dated May 27, 2026
  • Financial results prepared in accordance with Ind AS and SEBI Listing Regulations

8. Regulatory Compliance

  • Disclosure made under Regulation 30 and Regulation 33 of SEBI Listing Regulations
  • Declaration provided under Regulation 33 regarding unmodified audit opinion