Board Meeting Outcomes

The Board of Directors meeting was held on Friday, May 29, 2026, from 03:30 PM to 04:20 PM at the registered office of the Company. The Board:

1. Considered and Approved the Audited Standalone Financial Results for the quarter and year ended on March 31, 2026 along with the Auditors Report and Declaration for Un-Modified Opinion as per Regulation 33 of SEBI LODR

2. Appointed Nishit P Shah & Co, Chartered Accountant (FRN: 158058W) as Internal Auditor of the Company for Financial Year 2026-27

3. Reviewed and Approved the Related Party Transactions for the second half year ended on March 31, 2026

Financial Results Summary (Standalone)

(All amounts in ₹ Lakhs except per share data)

Quarter Ended March 31, 2026 (Audited):

  • Total Income: ₹428.49
  • Total Expenses: ₹710.40
  • Loss before tax: ₹(281.91)
  • Tax Expense: ₹0.28
  • Loss for the period: ₹(282.18)
  • Basic & Diluted EPS: ₹(1.176)

Year Ended March 31, 2026 (Audited):

  • Total Income: ₹1,857.81
  • Total Expenses: ₹2,068.10
  • Loss before tax: ₹(204.24)
  • Tax Expense: ₹0.28
  • Loss for the year: ₹(204.52)
  • Basic & Diluted EPS: ₹(0.848)

Comparative Year Ended March 31, 2025 (Audited):

  • Total Income: ₹2,447.25
  • Total Expenses: ₹2,629.70
  • Loss before tax: ₹(172.92)
  • Tax Expense: ₹0.18
  • Loss for the year: ₹(173.11)
  • Basic & Diluted EPS: ₹(0.722)

Assets and Liabilities Position (Standalone)

As at March 31, 2026:

  • Total Assets: ₹1,098.24 Lakhs
  • Equity Share Capital: ₹1,200.00 Lakhs
  • Other Equity: ₹(103.27) Lakhs
  • Total Equity: ₹1,096.73 Lakhs
  • Total Liabilities: ₹1.51 Lakhs

As at March 31, 2025:

  • Total Assets: ₹1,302.20 Lakhs
  • Equity Share Capital: ₹1,200.00 Lakhs
  • Other Equity: ₹100.97 Lakhs
  • Total Equity: ₹1,300.97 Lakhs
  • Total Liabilities: ₹1.23 Lakhs

Cash Flow Statement

Year Ended March 31, 2026:

  • Net Cash Flow from Operating Activities: ₹(35.65) Lakhs
  • Net Cash Flow from Investing Activities: Not quantified in disclosure
  • Net Cash Flow from Financing Activities: ₹(0.00) Lakhs
  • Net Increase in Cash and Equivalents: ₹21.23 Lakhs
  • Cash and Cash Equivalents at year end: ₹30.49 Lakhs

Related Party Transactions

For the half year ended March 31, 2026, the company reported remuneration payments to Ankit Jagat Shah (Managing Director) totaling ₹4.5 Lakhs with an additional ₹0.75 Lakhs, showing minimal related party transaction activity.

Auditor Appointment

Nishit P Shah & Co, Chartered Accountants (FRN: 158058W) was appointed as Internal Auditor for FY 2026-27. The auditor specializes in internal audit, internal control systems, income tax, finance, Ind AS, and internal control systems.

Capital Structure

Paid-up Equity Share Capital remained unchanged at ₹1,200.00 Lakhs (Face Value ₹5 per share) throughout all reporting periods.