Board Meeting Details

The meeting of the Board of Directors was held on Wednesday, 07th October, 2026, commencing at 06:30 P.M. and concluding at 07:15 P.M. at the Registered Office of the Company at 1003, 10th Floor, Vikram Tower, Rajendra Place, New Delhi – 110008.

Key Agenda Items and Approvals

1. Un-Audited Financial Results

The Board considered and approved the Un-Audited Financial Results along with the Limited Review Report thereon for the quarter and half year ended on 30th September, 2026, pursuant to Regulation 33 of SEBI (LODR) Regulations, 2015.

2. Statement of Deviation or Variation

The Board discussed compliance with Regulation 32 of SEBI (LODR) Regulations, 2015 and concluded it was not applicable to the company as the company has not issued any shares by way of Public Issue, Right Issue, or Preferential Issue, etc. An undertaking to this effect was provided.

Detailed Financial Performance (₹ in Lakhs)

Income Statement Highlights:

For the Quarter Ended 30.09.2026 (Q2 FY27):

  • Revenue from operations: ₹139,900.17
  • Total Income: ₹139,900.17
  • Total Expenses: ₹139,903.38
  • Profit/(Loss) before tax: (₹3.21)
  • Total tax expense: ₹0.00
  • Profit/(Loss) for the period (after tax): (₹3.21)
  • Total Comprehensive Income for the period: (₹3.21)
  • Earnings per equity share (Basic & Diluted): (₹0.06)

For the Half Year Ended 30.09.2026 (H1 FY27):

  • Revenue from operations: ₹139,915.58
  • Total Income: ₹139,915.58
  • Total Expenses: ₹139,909.16
  • Profit/(Loss) before tax: ₹6.43
  • Total tax expense: ₹0.00
  • Profit/(Loss) for the period (after tax): ₹6.43
  • Total Comprehensive Income for the period: ₹6.43
  • Earnings per equity share (Basic & Diluted): ₹0.12

Comparative Figures (Quarter Ended 30.06.2026 - Q1 FY27):

  • Revenue from operations: ₹15.41
  • Profit/(Loss) before tax: ₹9.63
  • Profit/(Loss) for the period: ₹9.63
  • Earnings per share: ₹0.18

Comparative Figures (Quarter Ended 30.09.2025 - Q2 FY26):

  • Revenue from operations: ₹18.58
  • Profit/(Loss) before tax: ₹4.71
  • Profit/(Loss) for the period: ₹4.71
  • Earnings per share: ₹0.09

Balance Sheet Position as of 30.09.2026 (Unaudited):

  • Total Assets: ₹59,923.12
  • Total Equity: ₹821.27 (Equity Share Capital: ₹526.95; Other Equity: ₹294.32)
  • Total Liabilities: ₹59,101.85
  • Inventories: ₹58,600.00
  • Current Financial Liabilities (Borrowings): ₹59,100.00
  • Cash and Cash Equivalents: ₹1.39
  • Bank balances other than cash: ₹6.20

Balance Sheet Position as of 31.03.2026 (Audited):

  • Total Assets: ₹2,50,817.56
  • Total Equity: ₹814.84 (Equity Share Capital: ₹526.95; Other Equity: ₹287.89)
  • Total Liabilities: ₹2,50,002.72
  • Inventories: ₹16,000.00
  • Current Financial Liabilities (Borrowings): ₹2,50,000.00
  • Cash and Cash Equivalents: ₹3.05
  • Bank balances other than cash: ₹6.20

Cash Flow Statement for H1 FY27 (01.04.2026 to 30.09.2026):

  • Net cash from operating activities: (₹42,596.07)
  • Net cash used in investing activities: ₹233,494.40 (including sale/purchase of shares: ₹51,000.00; payment/receipts of loan & advance: ₹182,496.58)
  • Net cash used in financing activities: (₹190,900.00) (proceed from borrowings: (₹190,900.00))
  • Net increase in cash: (₹1.67)
  • Cash and cash equivalents at beginning: ₹9.25
  • Cash and cash equivalents at end: ₹7.58

Limited Review Report by Auditors

VRSK & Associates, Chartered Accountants (FRN: 011199N), issued a limited review report on the unaudited standalone financial results. The report includes an Emphasis of Matter stating that "Interest on loan taken is not provided." Based on their review, subject to this matter, they are of the opinion that the statement has been prepared in accordance with applicable accounting standards.

Compliance and Regulatory References

  • The results were prepared in compliance with the Companies (Indian Accounting Standards) Rules, 2015.
  • The format was modified per SEBI circular CIR/SFD/CMS/15/2015 dated 30th November, 2015, and SEBI circular dated 5th July, 2016.
  • The undertaking for non-applicability of Regulation 32 was submitted as no shares were issued via public/rights/preferential issues.

Capital Structure

Paid-up equity share capital remained unchanged at ₹526.95 lakhs (face value ₹10 per share) throughout all reported periods.

Notes to Financial Results

  • The unaudited financial results were reviewed by the Audit Committee and approved by the Board.
  • Figures for previous periods have been regrouped wherever necessary to conform to the current period's classification.