Board Meeting Outcomes

The Board of Directors meeting was held on Monday, 10th August 2026 from 11:30 AM to 04:30 PM through video conferencing. The following items were approved:

1. Unaudited Financial Results: Approved the unaudited financial results for the quarter ended 30th June 2026

2. Auditor's Review Report: Approved the limited review report issued by statutory auditor Bennur Nagaraja & Co on the unaudited financial results

3. NCD Allotment: Approved allotment of 19 Non-Convertible Debentures of ₹1,00,000 each, totaling ₹19,00,000, as part of an approved issue size of ₹10,00,00,000 on private placement basis

4. AGM Notice: Approved notice of the 32nd Annual General Meeting including proposal to increase Authorised Share Capital from ₹10 crore to ₹30 crore and alteration of Capital Clause of Memorandum of Association

5. Director Appointment: Approved appointment of Mr. Sanjeev Kumar as Additional Director, subject to member approval

6. Auditor Appointment: Approved appointment of statutory auditors, subject to member approval

NCD Allotment Details

The following allotments were made:

  • T R Dinesh: 6 cumulative NCDs worth ₹6,00,000
  • Anitha T R: 6 cumulative NCDs worth ₹6,00,000
  • S Prathima: 1 non-cumulative NCD worth ₹1,00,000
  • Pooja Prashant Bhutada: 5 non-cumulative NCDs worth ₹5,00,000
  • Ruchi Prashant Bhutada: 1 non-cumulative NCD worth ₹1,00,000

Total allotment: ₹19,00,000

Financial Results for Quarter Ended 30th June 2026 (₹ in lakhs)

Income Statement:

  • Revenue from operations: ₹187.06 lakhs
  • Other income: ₹106.23 lakhs
  • Total income: ₹179.14 lakhs
  • Employee benefit expenses: ₹35.97 lakhs
  • Finance cost: ₹33.95 lakhs
  • Depreciation and amortization: ₹1.30 lakhs
  • Impairment of financial assets: ₹0.07 lakhs
  • Profit before tax: Not quantified in disclosure
  • Tax expense: ₹15.26 lakhs (current tax)
  • Profit for the period: ₹45.37 lakhs
  • Total comprehensive income: ₹45.37 lakhs

Key Metrics:

  • Paid-up equity share capital: ₹702.46 lakhs (face value ₹5 each)
  • Basic EPS: ₹0.32
  • Diluted EPS: ₹0.32

Annual General Meeting Details

  • 32nd AGM scheduled for Friday, 11th September 2026 at 11:30 AM through video conferencing
  • Book closure: 4th September 2026 to 11th September 2026 (both days inclusive)
  • Cut-off date for e-voting: 4th September 2026
  • E-voting service providers: BSE Financials Limited and National Securities Depository Limited (NSDL)

AGM Agenda Items

Ordinary Business:

1. Adoption of audited financial statements for FY ended 31st March 2026

2. Re-appointment of Mrs. Bindu Gilada (DIN: 00392976) as director liable to retire by rotation

3. Appointment of M/s Venkatesh & Raghavendra, Chartered Accountants (FRN: 0193678) as statutory auditors for 5 years

Special Business:

4. Regularization of Mr. Sarvesh Gilada (DIN: 08968185) as director (appointed additional director on 14th November 2025)

5. Increase in authorized share capital from ₹10 crore to ₹30 crore and alteration of Capital Clause V of MOA

Director Information

Mrs. Bindu Gilada (DIN: 00392976):

  • Age: 59 years
  • Date of appointment: 02/03/2015
  • Qualification: B.A.
  • Expertise: Human Resource Management, Governance and Compliance
  • Directorship: Shankarlal Gilada & Sons Private Limited
  • Shareholding: 4,40,000 shares in the company

Notes to Financial Results

1. Prepared in accordance with Indian Accounting Standards (Ind AS)

2. Expected credit loss on financial assets provided on estimated basis

3. Company has no subsidiaries or joint ventures

4. No separate reportable segments as per Ind AS 108

5. Previous period figures regrouped/reclassified where necessary