Board Meeting Details

The meeting commenced at 11:30 A.M. and concluded at 12:45 P.M. on 13th November, 2026.

Key Decisions Approved

1. Financial Results Approval

The Board approved the Unaudited Financial Results of the Company for the Quarter and six months ended 30th September, 2026, after review by the Audit Committee. The results were prepared in accordance with Regulation 33 of SEBI LODR Regulations.

2. Registered Office Shift

The Board approved shifting of the Registered Office of the Company from 164/1 Maniktala Main Road, Mani Square Mall, Room No. 7E, 7th Floor, Kolkata – 700054 to 164/1 Maniktala Main Road, Mani Square Mall, Room No. 7D, 7th Floor, Kolkata – 700054, within the local limits of Kolkata, West Bengal.

3. Related Party Transactions

The Board approved the Postal Ballot Notice seeking approval of the Members for the proposed Material Related Party Transactions with Kanknarrah Jute Private Limited for the Financial Year 2026-27.

4. Business Discontinuation

The Board approved the discontinuation of the Aqua Products Fish Trading Business of the Company, which was commenced on 11th April, 2026.

Financial Results for Quarter Ended September 30, 2026 (Standalone)

Income Statement Highlights (Amount in ₹ Lakhs)

  • Revenue from operations: 4,489.17 (Q2 FY26), 9,186.36 (H1 FY26)
  • Other income: 47.55 (Q2 FY26), 74.22 (H1 FY26)
  • Total Income: 4,536.72 (Q2 FY26), 9,260.58 (H1 FY26)
  • Cost of materials consumed: 4,570.10 (Q2 FY26), 8,866.53 (H1 FY26)
  • Employee benefits expense: 75.31 (Q2 FY26), 113.22 (H1 FY26)
  • Finance Cost: 40.81 (Q2 FY26), 62.65 (H1 FY26)
  • Depreciation and amortization: 21.02 (Q2 FY26), 39.12 (H1 FY26)
  • Profit before tax: 108.35 (Q2 FY26), 202.01 (H1 FY26)
  • Total Tax Expenses: 28.72 (Q2 FY26), 54.31 (H1 FY26)
  • Profit for the period: 79.63 (Q2 FY26), 147.70 (H1 FY26)
  • Earnings per share (Basic): ₹1.66 (Q2 FY26), ₹3.08 (H1 FY26)
  • Earnings per share (Diluted): ₹1.64 (Q2 FY26), ₹3.08 (H1 FY26)

Comparative Figures

Quarter Ended September 30, 2025:

  • Revenue from operations: 730.71
  • Profit before tax: (26.64)
  • Profit for the period: (57.29)
  • EPS Basic: (1.19)

Year Ended March 31, 2026 (Audited):

  • Revenue from operations: 8,268.09
  • Profit for the year: 301.73
  • EPS Basic: 6.29

Balance Sheet Position as at September 30, 2026 (Standalone)

Assets (Amount in ₹ Lakhs)

  • Total non-current assets: 1,856.86
  • Total current assets: 2,299.39
  • Total assets: 4,156.25

Equity and Liabilities (Amount in ₹ Lakhs)

  • Equity Share capital: 479.94
  • Other Equity: 788.88
  • Total equity: 1,268.82
  • Total non-current liabilities: 1,008.02
  • Total current liabilities: 1,879.41
  • Total liabilities: 2,887.43

Cash Flow Statement for Half Year Ended September 30, 2026 (Standalone)

  • Net cash from operating activities: 150.05
  • Net cash used in investing activities: (883.33)
  • Net cash from financing activities: 796.73
  • Net change in cash and cash equivalents: 63.45
  • Cash and cash equivalents at end of period: 232.85

Aqua Products Fish Trading Business Discontinuation Details

  • Business commencement date: 11th April, 2026
  • Estimated closure date: On/before November 30, 2026
  • Financial contribution: No turnover/revenue/income or net worth contributed during FY 2025-26
  • Reason for closure: Review of Company's business plans and priorities, decision to focus on other business activities

Auditor Information

The financial results were reviewed by SDP & Associates, Chartered Accountants (Firm Registration No.: 322176E), who issued an unmodified limited review report. The firm was appointed as Statutory Auditors during the half-year ended September 30, 2026.