Key Decisions and Approvals

The Board of Directors meeting was held on Wednesday, July 22, 2026, commencing at 05:30 P.M. and concluding at 06:00 P.M.

The Board approved the following items:

1. The Unaudited Financial Results for the quarter ended June 30, 2026, along with the Auditor's Limited Review Report issued by M/s. P R Agarwal & Awasthi, Chartered Accountants.

2. Noted that the term of the current Statutory Auditors, M/s. P R Agarwal & Awasthi, Chartered Accountants, shall expire from the conclusion of the ensuing Annual General Meeting (AGM).

3. Based on the recommendation of the Audit Committee, the Board recommended to the members for their approval at the ensuing AGM, the appointment of M/s. VCA & Associates, Chartered Accountants (Firm Registration Number (FRN): 114414W) as the new Statutory Auditors.

Details of Proposed Auditor Appointment

  • Name of Proposed Auditor: M/s. VCA & Associates, Chartered Accountants
  • Firm Registration Number (FRN): 114414W
  • Proposed Term: To hold office for a period of 2 (two) years from the conclusion of the ensuing AGM until the conclusion of the 40th AGM of the Company.
  • Office Address: 806, 08th Floor, Lotus Trade Centre, New Link Road, Opposite star bazar, Andheri West, Mumbai - 400053
  • Field of Experience: The firm is engaged in audit and assurance services, tax, and financial accounting advisory services across varied market segments including Industrial, Manufacturing, Infrastructure, and Professional services.

Trading Window Closure

The Trading Window for dealing in the securities of the Company by the Designated Persons was closed and will re-open on July 25, 2026.

Financial Results for Quarter Ended June 30, 2026

Income Statement (Amounts in ₹ Lakhs)

| Particulars | Quarter Ended 30.06.2026 (Unaudited) | Year Ended 31.03.2026 (Audited) | Quarter Ended 30.06.2025 (Unaudited) |

| Revenue from operations | - | - | - |

| Other Income | 12.00 | - | - |

| Total Income | 12.00 | - | - |

| Employee benefit expense | 0.60 | 0.60 | 0.60 |

| Other Expenses | 1.65 | 1.06 | 1.30 |

| Total Expenses | 2.25 | 1.66 | 1.90 |

| Profit / (Loss) before tax | 9.75 | (1.66) | (1.90) |

| Tax expense | - | - | - |

| Net Profit / (Loss) after tax | 9.75 | (1.66) | (1.90) |

| Total Comprehensive Income | 9.75 | (1.66) | (1.90) |

Key Metrics

  • Paid-up Equity Share Capital (Face Value of Rs. 10/- each): ₹778.63 Lakh (Unaudited as of 30.06.2026, 31.03.2026, and 30.06.2025)
  • Other Equity (excluding Revaluation reserve): ₹(1,053.50) Lakh (30.06.2026), ₹(1,063.25) Lakh (31.03.2026), ₹(1,064.80) Lakh (30.06.2025)
  • Earnings Per Share (EPS) (Basic & Diluted): ₹0.13 (Q1 Jun-26), ₹(0.02) (Q1 Jun-25), ₹(0.02) (FY Mar-26)

Notes to Financial Results

1. The results were reviewed by the Audit Committee and taken on record by the Board on July 22, 2026.

2. Prepared in accordance with Indian Accounting Standards (Ind AS).

3. Operating segment disclosures per Ind AS-108 are not applicable.

4. Comparative figures have been regrouped/reclassified where necessary.

5. EPS for the interim period is not annualized.

Auditor's Limited Review Report

M/s. P R Agarwal & Awasthi, Chartered Accountants (FRN: 117940W), issued a limited review report on the unaudited financial results. Based on their review, nothing has come to their attention that causes them to believe that the statement contains any material misstatement. The report was signed by Partner Pawan Kr Agarwal (Membership No.: 034147).