A meeting of the Board of Directors of Ikoma Technologies Limited was held on Friday, August 14, 2026, via Video-Conferencing/Other Audio-visual means (OAVM). The meeting commenced at 03:54 P.M. and concluded at 04:14 P.M.

The Board inter-alia considered and approved the following matters:

1. Approval of Unaudited Financial Results for Q1 FY27

The Board approved the Unaudited Standalone Financial Results for the quarter ended June 30, 2026, along with the Limited Review Report issued by the statutory auditors, M/s NYS & Company, Chartered Accountants (Firm Registration No. 01), based on the recommendations of the Audit Committee.

Key Financial Figures (Standalone, in ₹ Lakhs):

  • Revenue from Operations: ₹13.53 (Q1 FY27) vs. ₹166.40 (Q1 FY26) vs. ₹0.00 (Q4 FY26)
  • Other Income: ₹2.20 (Q1 FY27) vs. ₹4.19 (Q1 FY26) vs. ₹1.75 (Q4 FY26)
  • Total Income: ₹15.73 (Q1 FY27) vs. ₹170.59 (Q1 FY26) vs. ₹1.75 (Q4 FY26)
  • Total Expenses: ₹10.07 (Q1 FY27) vs. ₹32.99 (Q1 FY26) vs. ₹9.31 (Q4 FY26)
  • Profit/(Loss) Before Tax: ₹5.66 (Q1 FY27) vs. ₹137.60 (Q1 FY26) vs. (₹7.56) (Q4 FY26)
  • Tax Expense: ₹2.19 (Q1 FY27 - Current Tax: ₹1.79, Deferred Tax: ₹0.40) vs. ₹35.98 (Q1 FY26) vs. ₹0.00 (Q4 FY26)
  • Profit/(Loss) After Tax: ₹3.47 (Q1 FY27) vs. ₹101.62 (Q1 FY26) vs. (₹7.56) (Q4 FY26)
  • Paid-up Equity Share Capital: ₹2,320.15 Lakhs (Face value ₹10 per share)
  • Calls in Arrears: ₹43.52 Lakhs
  • Net Paid-up Equity Share Capital: ₹2,276.63 Lakhs
  • Earnings Per Share (Basic & Diluted): ₹0.01 (Q1 FY27) vs. ₹0.44 (Q1 FY26) vs. (₹0.03) (Q4 FY26)

The statutory auditors' review report, dated August 14, 2026, stated that based on their review, nothing has come to their attention that causes them to believe the statement contains any material misstatement, except to the extent that Sundry Balances are subject to confirmation as not reviewed by them.

2. Re-appointment of Directors

The Board approved the re-appointment of the following directors, each for a period of two years, subject to the approval of shareholders in the ensuing Annual General Meeting:

  • Mr. Gopal Lohia (DIN: 09563931) as Non-Executive Independent Director, effective from July 2, 2027. His profile notes expertise in corporate leadership, governance, and regulatory compliance (MCA filings, SEBI regulations).
  • Mr. Mahesh Kumar Nayan Kumar (DIN: 11726177) as Non-Executive Independent Director, effective from July 2, 2027. His profile notes experience in finance, treasury, business consulting, and regulatory coordination with authorities like the RBI.
  • Mr. Amit Balgotra (DIN: 11648446) as Non-Executive Independent Director, effective from April 7, 2027. He holds a B.Com degree and has over 17 years of experience in the plastics industry.
  • Mr. Jatin (DIN: 11648564) as Non-Executive Independent Director, effective from April 7, 2027. He holds an MBA and has over 5 years of experience in the mobile and electronic accessories industry.
  • Mr. Anil Kumar Kothari (DIN: 11650504) as Non-Executive Independent Director, effective from April 7, 2027. His profile notes over 17 years of experience in businesses across finance, lighting, electrical products, and insurance.
  • Mr. Paras Chand Jain (DIN: 10292545) as Whole-Time Director, effective from April 7, 2027, including the fixing of his remuneration. His profile notes experience in the insurance business as an agent and advisor. He is disclosed as the husband of Mrs. Preeti, a Non-Executive Director of the Company.

For all director appointments, it was disclosed that there is no relationship with other existing directors (except as noted for Mr. Jain), and none are debarred from holding office by SEBI or any other authority.

3. Other Agenda Items Approved

  • Increase in Managerial Remuneration: The Board approved an increase in the managerial remuneration of Mr. Rahul Anandrao Bhargav, Managing Director of the Company.
  • Board's Report: The Board approved the Board's Report along with applicable annexures for the Financial Year ended March 31, 2026.
  • Appointment of Scrutinizer: The Board appointed M/s Amit Saxena & Associates, Practicing Company Secretary, as the Scrutinizer to scrutinize the e-voting process for the upcoming AGM.
  • Notice of AGM: The Board approved the notice for convening the 32nd Annual General Meeting (AGM) of the Company. The AGM is scheduled to be held on Wednesday, September 30, 2026, through video conferencing or other audio-video means.

4. Note to Financial Results

A note to the financial results states that the Board had previously approved the forfeiture of 623,800 partly paid-up equity shares of ₹10 each for non-payment of allotment/call monies. Approval for this forfeiture was received from BSE vide Notice No. 20260512-17 dated May 12, 2026. However, the impact of this forfeiture has not been given effect to in the books of accounts, pending completion of procedural compliances.