Board Meeting Details

The Board Meeting commenced at 13:50 Hours and concluded at 14:20 Hours on November 14, 2026.

Key Decisions and Approvals

1. Financial Results Approval

  • Approved the Un-Audited Financial Results for the Quarter and half year ended September 30, 2026
  • Reviewed Limited Review Report issued by M/s. Bharat Shah & Associates, Chartered Accountant, Statutory Auditors
  • Noted cessation of KLG Stock Brokers Private Limited as a Subsidiary effective June 10, 2026
  • Financial results prepared on Standalone basis due to subsidiary cessation

2. Management Appointment

  • Ratified and approved re-appointment of Mr. Akhilesh Kumar as Manager effective November 10, 2026
  • Subject to approval of members in the ensuing Annual General Meeting

3. Annual General Meeting

  • Approved venue for 32nd Annual General Meeting
  • Location: Kilachand Conference Room, 2nd Floor, IMC Building, IMC Marg, Churchgate, Mumbai-400020
  • Date: Thursday, December 10, 2026

Financial Results Summary (Standalone, Rs. In Lacs)

Quarter Ended September 30, 2026

  • Total Income: ₹18.69
  • Interest Income: ₹17.84
  • Other Income: ₹0.85
  • Total Expenses: ₹(1.34)
  • Employees benefits expenses: ₹0.48
  • Impairment loss/(reversal) on Financial Assets: ₹(2.96) [reversal]
  • Fair value investment: ₹(1.14)
  • Professional charges: ₹1.41
  • Other expenses: ₹0.87
  • Profit before tax: ₹1.34
  • Tax Expenses: ₹-
  • Profit for the period: ₹1.34
  • Total Comprehensive Income: ₹1.34
  • Earnings per share (Basic & Diluted): ₹0.04

Half Year Ended September 30, 2026

  • Total Income: ₹20.52
  • Total Expenses: ₹4.75
  • Profit before tax: ₹(4.75)
  • Profit for the period: ₹(4.75)
  • Total Comprehensive Income: ₹(4.75)
  • Earnings per share (Basic & Diluted): ₹(0.15)

Comparative Figures

  • Quarter Ended September 30, 2025: Loss of ₹(1,060.55) with EPS of ₹(33.12)
  • Half Year Ended September 30, 2025: Loss of ₹(1,079.53) with EPS of ₹(33.71)
  • Year Ended March 31, 2026: Loss of ₹(1,088.76) with EPS of ₹(34.00)

Balance Sheet Position (As at September 30, 2026, Standalone, Rs. In Lacs)

Assets

  • Total Assets: ₹82.95
  • Financial Assets: ₹82.93
  • Cash and Cash Equivalents: ₹0.23
  • Investments: ₹4.90
  • Other Financial Assets: ₹77.81
  • Non-Financial Assets: ₹0.02
  • Deferred Tax Assets: ₹0.02

Liabilities and Equity

  • Financial Liabilities: ₹69.84
  • Borrowings: ₹56.60
  • Other Financial Liabilities: ₹13.24
  • Non-Financial Liabilities: ₹357.77
  • Current tax: ₹331.81
  • Provisions: ₹25.96
  • Equity: ₹(344.66)
  • Equity Share Capital: ₹320.24 (Face Value of ₹10 per share)
  • Other Equity: ₹(664.90)

Cash Flow Statement (Half Year Ended September 30, 2026, Standalone, Rs. In Lacs)

  • Cash flow from Operating Activities: ₹(40.17)
  • Cash flow from Investing Activities: ₹36.00
  • Cash flow from Financing Activities: ₹4.13
  • Net decrease in Cash & Cash Equivalents: ₹(0.04)
  • Cash & Cash Equivalents - Opening: ₹0.25
  • Cash & Cash Equivalents - Closing: ₹0.21

Auditor's Review Report

  • Limited review conducted by Bharat Shah & Associates, Chartered Accountants
  • Review performed in accordance with Standard on Review Engagements (SRE) 2410
  • Conclusion: Nothing came to attention causing belief that financial results contain material misstatement
  • Emphasis on subsidiary cessation and transition to standalone reporting

Additional Notes

  • Financial results reviewed by Audit Committee and approved by Board of Directors
  • Company operates in single segment
  • Previous period figures regrouped/rearranged for comparability
  • Paid-up Equity Share Capital remains unchanged at ₹320.24 lacs