Board Meeting Outcomes
The Board of Directors meeting, which commenced at 16:50 hours and concluded at 17:20 hours on August 13, 2026, approved the following:
1. Approval of Financial Results: Un-audited Standalone Financial Results for the quarter ended June 30, 2026 along with the Limited Review Report (Standalone) issued by M/s. Bharat Shah & Associates, Chartered Accountant, Statutory Auditors of the Company in accordance with Regulation 33 of SEBI (LODR) Regulations, 2015.
2. Annual General Meeting: Approved holding of 32nd Annual General Meeting of the Members of the Company on Wednesday, September 30, 2026 at Kilachand Conference Room, IMC Bldg., IMC Marg, Church gate, Mumbai-400020.
3. Share Register Closure: Approved closure of Register of Members and Share Transfer Books of the Company during the period from Thursday, September 24, 2026 to Wednesday, September 30, 2026 (both days inclusive) for the purpose of ensuing AGM.
4. E-voting Facility: Approved providing e-voting facility to the Shareholders of the Company at the ensuing AGM and appointment of Scrutinizer for scrutinizing the voting process.
5. AGM Documentation: Approved the Board's Report, Notice of AGM and other matters relating to ensuing AGM.
Financial Results for Quarter Ended June 30, 2026
Income Statement (₹ in Lakhs):
- Revenue from operations: Not clearly stated (display issue in source data)
- Other Income: Not clearly stated (display issue in source data)
- Total Income: Not clearly stated (display issue in source data)
Expenses (₹ in Lakhs):
- Employees benefits expenses: 2.13
- Impairment on Financial assets: Not clearly stated (display issue)
- Electricity Expenses: Not clearly stated (display issue)
- Depreciation and amortisation expenses: Not clearly stated (display issue)
- Professional Charges: 0.49
- Other expenses: 3.48
- Total expenses: 6.10
Profit/Loss:
- Profit before exceptional items and tax: (6.10) loss
- Exceptional items: None
- Profit before tax: (6.10) loss
- Tax Expenses: None
- Profit for the period: (6.10) loss
- Other Comprehensive Income: None
- Total Comprehensive Income: (6.10) loss
Comparative Financial Data (₹ in Lakhs):
- Quarter ended March 31, 2026: Net loss of (3.08)
- Quarter ended June 30, 2025: Net loss of (18.99)
- Year ended March 31, 2026: Net loss of (1,088.76)
Capital Structure:
- Paid-up Equity Share Capital (Face Value of Rs.10/- per share): 320.24 (consistent across all periods)
- Reserve excluding Revaluation Reserves: Not clearly stated (display issue)
Earnings Per Share (not annualised):
- Basic EPS: (0.19) for current quarter
- Diluted EPS: (0.19) for current quarter
- Comparative EPS: (0.10) for Q4 FY26, (0.59) for Q1 FY26, (34.00) for FY26
Auditor's Review Report
M/s. Bharat Shah & Associates, Chartered Accountants (Firm Reg. No. 101249W) conducted a limited review of the interim standalone financial results pursuant to Regulation 33 of SEBI (LODR) Regulations, 2015. The review was conducted in accordance with Standard on Review Engagements (SRE) 2410 issued by ICAI.
Auditor's Conclusion: "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 Indian Accounting Standards ("Ind AS") specified under Section 133 of the Companies Act, 2013 as amended, read with relevant rules issued there under 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."
Additional Notes
1. The Standalone Financial Results were reviewed by Audit Committee and approved by the Board of Directors in their meeting held on August 13, 2026.
2. The results have been prepared in accordance with Indian Accounting Standards (Ind-AS) notified under the Companies (Indian Accounting Standards) (Amendment) Rules, 2016.
3. The Company is operating in a Single Segment.
4. Figures for the quarter ended March 31, 2026 are balancing figures between audited annual figures and restated year-to-date figures.
5. Previous period figures have been regrouped/rearranged for comparability.