Board Meeting Details
The Board of Directors meeting was held on October 31, 2026, commencing at 01:00 PM and concluding at 02:00 PM.
Key Decisions and Approvals
1. Financial Results Approval
The Board approved the Un-Audited Standalone Financial Results of the company for the 2nd Quarter ended September 30, 2026 along with the Limited Review Report.
2. Management Change - Resignation of Company Secretary
The Board took note of and accepted the resignation of Mr. Shailendra Vyas, Company Secretary and Compliance Officer (Key Managerial Personnel) of the Company. The resignation was tendered via letter dated October 31, 2026, effective from closing hours of October 31, 2026, due to his decision to pursue an alternative career opportunity outside the Organisation.
Financial Performance Highlights (Standalone)
Quarterly Performance (Q2 FY27 ended September 30, 2026)
- Total Revenue: ₹85.04 lakh
- Profit/(Loss) before tax: ₹19.74 lakh
- Profit/(Loss) for the period: ₹19.74 lakh
- Basic Earnings Per Share: ₹0.19
- Diluted Earnings Per Share: ₹0.19
Half-Year Performance (H1 FY27 ended September 30, 2026)
- Profit/(Loss) for the period: ₹(5.85) lakh
- Basic Earnings Per Share: ₹(0.06)
- Diluted Earnings Per Share: ₹(0.06)
Comparative Figures (Q2 FY26 ended September 30, 2025)
- Profit/(Loss) for the period: ₹(11.29) lakh
- Basic Earnings Per Share: ₹(0.11)
- Diluted Earnings Per Share: ₹(0.11)
Financial Position as of September 30, 2026
Assets
- Non-Current Assets: ₹241.33 lakh
- Fixed Assets: ₹1.34 lakh
- Tangible Assets: ₹1.02 lakh
- Deferred Tax Asset: ₹238.96 lakh
- Other Financial Assets: ₹1.02 lakh
- Current Assets: ₹352.04 lakh
- Stock in Trade: ₹0.00 lakh
- Trade Receivables: ₹5.36 lakh
- Cash and Cash Equivalents: ₹57.84 lakh
- Other Current Assets: ₹310.71 lakh
- Total Assets: ₹593.37 lakh
Equity and Liabilities
- Shareholders' Funds: ₹102.34 lakh
- Share Capital: ₹205.02 lakh (Face value of ₹2 each)
- Reserves and Surplus: ₹(102.67) lakh
- Non-Current Liabilities: ₹233.77 lakh
- Borrowings: ₹233.77 lakh
- Current Liabilities: ₹352.04 lakh
- Trade Payables: ₹0.00 lakh
- Other Current Liabilities: ₹13.80 lakh
- Short Term Provisions: ₹244.00 lakh
Cash Flow Statement (Half Year ended September 30, 2026)
- Net Cash flow from Operating activities: ₹(6.49) lakh
- Net Cash used in Investing activities: ₹0.00 lakh
- Net Cash used in financing activities: ₹(1.18) lakh
- Net decrease in cash & Cash Equivalents: ₹(7.67) lakh
- Cash and Cash equivalents at beginning: ₹13.03 lakh
- Cash and Cash equivalents at end: ₹5.36 lakh
Auditor Review
VASG Associates, Chartered Accountants (Firm Reg No. 006070S) conducted a limited review of the interim financial results. Their review report states: "Based on our review conducted as above, nothing has come to our attention that causes us to believe that the accompanying statement of unaudited financial results prepared in accordance with applicable accounting standards and other recognized accounting practices and policies has not disclosed the information required to be disclosed in terms of Regulation 33 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015 including the manner in which it is to be disclosed, or that it contains any material misstatement."
Resignation Details
Mr. Shailendra Vyas (Membership No. A77193) resigned as Company Secretary and Compliance Officer effective closing hours of October 31, 2026. The reason cited was pursuit of an alternative career opportunity outside the Organisation.