Disclosure Nature

Regulatory filing of Un-Audited Standalone Financial Results for the quarter ended June 30, 2026, submitted to BSE Limited under Listing Obligations.

Board Meeting Details

The Board of Directors meeting was held on August 14, 2026, starting at 04:00 PM and concluding at 07:00 PM. The meeting approved the Un-Audited Standalone Financial Results for the quarter ended June 30, 2026.

Financial Results Summary (Rs. in Lakhs)

Quarterly Performance Comparison

| Particulars | 30.06.2026 (Un-Audited) | 31.03.2026 (Audited) | 30.06.2025 (Un-Audited) | 31.03.2026 (Audited) |

| Revenue from Operations | 478.28 | 3443.01 | 2273.22 | 13758.79 |

| Other Income | 1.25 | 26.80 | 1.98 | 33.25 |

| Total Revenue | 479.53 | 3469.81 | 2275.20 | 13792.04 |

| Total Expenses | 617.77 | 3471.40 | 2269.16 | 13759.61 |

| Profit/(Loss) before Tax | -138.24 | -1.59 | 5.74 | 32.43 |

| Tax Expense | 0.00 | 3.59 | 1.00 | 12.22 |

| Profit/(Loss) for the period | -138.24 | -5.18 | 4.74 | 20.21 |

| EPS (Basic & Diluted) | -5.02 | -0.19 | 0.17 | 0.73 |

Expense Breakdown (Q1 FY27)

  • Purchase of stock-in-trade: ₹186.15 lakh
  • Changes in inventories: ₹-72.15 lakh
  • Employee benefit expense: ₹152.88 lakh
  • Finance Cost: ₹158.41 lakh
  • Depreciation and amortization: ₹30.42 lakh
  • Other expenses: ₹702.06 lakh

Capital Structure

  • Paid-up equity share capital: ₹275.34 lakh (Face value ₹10 per share)
  • Reserves excluding revaluation reserves: ₹1060.58 lakh

Auditor's Limited Review Report

Mohan Juneja & Co. (Firm Registration No. 020488N) issued a limited review report with a qualified opinion highlighting a material uncertainty regarding going concern.

Key Audit Matter

The auditors identified that Maruti Suzuki India Limited (MUL) has temporarily suspended vehicle supplies to the company due to defaults in banking facilities. This has significantly disrupted the company's principal revenue-generating activity, resulting in a loss of ₹138.24 lakh for the quarter.

Disclosure Deficiencies Noted

The interim financial results do not disclose:

(a) The existence of material uncertainty regarding going concern

(b) Possible effects of this uncertainty on financial position, cash flows, and operations

(c) That financial results were prepared on a going concern basis dependent on future outcomes including:

  • Regularization/reinstatement of MUL vehicle sales operations
  • Resolution of banking defaults and continuation of working capital facilities
  • Company's ability to generate adequate cash flows or arrange alternate financing

Default Disclosures

Outstanding Loans and Defaults (Rs. in Lakhs)

| Particulars | Amount | Remarks |

| Total loans outstanding | 6176.92 | |

| Amount of default | 1656.00 | |

| Unlisted debt securities | - | Not applicable |

Additional Information

  • The company operates in one segment only: sale and service of vehicles
  • Previous period figures have been regrouped/rearranged where necessary
  • The financial results will be available on the company website
  • No deviation or variation in proceeds of public/rights/preferential issues
  • No related party transactions disclosure required for this quarter
  • No audit qualifications impact statement required

Date and Place

Chandigarh, August 14, 2026