Summary of Key Information:

Reporting Period (Quarter/Year): Quarter and Half Year ended 30 September 2026

Nature of Filing / Announcement: Submission of Unaudited Standalone Financial Results under Regulation 33 of SEBI (LODR) Regulations, 2015

Date of Board Meeting / Approval: 12 November 2026 (Meeting held from 15:30 hrs to 16:00 hrs)

Audit Opinion: Qualified Opinion

Auditor’s Comment: The auditors, S. C. Ajmera & Co., issued a qualified opinion highlighting two major issues: 1) Non-provision of interest on borrowings, and 2) No provision for a claim from an operational creditor of subsidiary JBF RAK LLC. They also emphasized multiple matters regarding the company's going concern status.

Key Financial Highlights [Rs. in Lakh]

Standalone Results:

Quarter Ended 30 September 2026:

  • Revenue from Operations: ₹0 (Nil)
  • Other Income: ₹4
  • Total Income: ₹4
  • Total Expenses: ₹78
  • Loss Before Exceptional Items and Tax: ₹(74)
  • Exceptional Items: ₹7
  • Loss Before Tax: ₹(79)
  • Tax Expense: ₹0
  • Net Loss for the Period: ₹(74)
  • Other Comprehensive Income: ₹0
  • Total Comprehensive Income: ₹(74)
  • EPS (Basic & Diluted): ₹(0.09)

Half Year Ended 30 September 2026:

  • Revenue from Operations: ₹0 (Nil)
  • Other Income: ₹9
  • Total Income: ₹9
  • Total Expenses: ₹222
  • Loss Before Exceptional Items and Tax: ₹(213)
  • Exceptional Items: ₹10
  • Loss Before Tax: ₹(213)
  • Tax Expense: ₹0
  • Net Loss for the Period: ₹(213)
  • Other Comprehensive Income: ₹0
  • Total Comprehensive Income: ₹(213)
  • EPS (Basic & Diluted): ₹(0.26)

Comparative Figures (Quarter Ended 30 September 2025):

  • Net Loss: ₹(166)
  • EPS: ₹(0.20)

Comparative Figures (Year Ended 31 March 2026 - Audited):

  • Net Loss: ₹(541)
  • EPS: ₹(0.66)

Statement of Assets & Liabilities as at 30 September 2026:

  • Total Assets: ₹6,020
  • Non-Current Assets: ₹0
  • Current Assets: ₹6,020
  • Bank balances other than cash equivalents: ₹1,171
  • Others (Financial Assets): ₹20
  • Current Tax Assets (Net): ₹5
  • Other current assets: ₹1
  • Total of above current assets: ₹1,197

[Note: The total current assets figure of ₹6,020 appears inconsistent with the sum of the listed components (₹1,197). This discrepancy is presented as reported.]

  • Total Equity: ₹(2,85,935)
  • Equity Share Capital: ₹8,187 (Face Value ₹10 each)
  • Other Equity: ₹(2,94,122)
  • Total Liabilities: ₹2,91,955
  • Non-Current Liabilities: ₹0
  • Current Liabilities: ₹2,91,955
  • Borrowings: ₹2,35,984
  • Trade Payables: ₹4,129
  • Micro & Small Enterprises: ₹160
  • Other Creditors: ₹3,969
  • Other financial liabilities: ₹45,968
  • Other Current liabilities: ₹5,874
  • Provisions: ₹0
  • Current Tax Liabilities (Net): ₹0

Statement of Cash Flows for Half Year Ended 30 September 2026:

  • Cash Flow from Operating Activities: ₹1,018
  • Cash Flow from Investing Activities: ₹5
  • Cash Flow from Financing Activities: ₹0
  • Net Increase in Cash and Cash Equivalents: ₹1,023
  • Opening Balance of Cash and Cash Equivalents: ₹148
  • Closing Balance of Cash and Cash Equivalents: ₹1,171

Corporate Actions:

Not Specified

Other Significant Information:

  • Exceptional Items: For the quarter, exceptional items of ₹7 lakhs represent loss on account of provision for doubtful debts and repossession of secured assets by the lender.
  • Segment Information: The company was engaged only in the business of producing polyester-based products. There are no separate reportable segments.