Financial Highlights (Amount in ₹ Lakhs)
Revenue from Operations: 0.00 (Previous year: 53.54)
Other Income: 0.00 (Previous year: 0.09)
Total Income: 0.00 (Previous year: 53.63)
Total Expenses: 41.30 (Previous year: 99.47)
Profit Before Tax: (41.30) (Previous year: (45.84))
Net Loss for the Year: (41.30) (Previous year: (45.84))
Earnings Per Share (Basic & Diluted): (1.96) (Previous year: (2.18))
Key Operational Developments
- Company has paused operations of its legacy educational publishing and book sale business
- Strategic review underway for existing business and assets, considering restructuring, divestment or other strategic arrangements
- No definitive decisions made regarding future business direction
- Focus on evaluating new opportunities for sustainable growth and shareholder value creation
Corporate Actions and Changes
Board of Directors Changes (as of March 31, 2026)
New Appointments (June 24, 2025):
- Ms. Sushmita Jeetendra Shete - Chairperson & Non-Executive Director (DIN: 10786857)
- Mr. Siddhant Laxmikant Kabra - Non-Executive Director (DIN: 07470463)
- Mrs. Rajshree Vijay Bhosale - Whole-Time Director & CFO (DIN: 10754030)
- Mr. Mandar Kamlakar Patil - Independent Director (DIN: 05284076)
- Mr. Suraj Mahadev Gaikwad - Independent Director (DIN: 11159369)
- Mr. Sachin Govind Warule - Independent Director (DIN: 11159335)
Resignations (June 24, 2025):
- Mr. Chandramouleeswaran Krishnan - Managing Director
- Mrs. Palanivelammal - Whole-Time Director
- Mr. Chandra Sekaran Krishnan - Director
- Mr. Sathyaseelan Thavasiappan - Independent Director
- Mr. Manikannan Sekar - Independent Director
- Mr. Meganathan Ethiraj - Independent Director
Key Managerial Personnel Changes
- Mr. Ankur Gala (Company Secretary) resigned effective May 31, 2025
- Mr. Vishnu Vishwanathan (CFO) resigned effective June 23, 2025
- Mr. Rohit Gamnaram Choudhary appointed as Company Secretary effective August 26, 2025
Ownership Changes
- Previous Promoter Group executed Share Purchase Agreement with Hathor Corporate Advisors LLP on October 30, 2024
- Hathor Corporate Advisors LLP designated themselves as Promoter holding 15,09,657 equity shares (71.67%)
- Materiality determination authorities revised to Mrs. Rajshree Vijay Bhosale and Ms. Sushmita Jeetendra Shete
Capital Structure
Authorized Share Capital: Increased from ₹2,32,20,000 (23,22,000 shares of ₹10 each) to ₹5,00,00,000 (50,00,000 shares of ₹10 each)
Paid-up Share Capital: ₹2,10,65,360 (21,06,536 equity shares of ₹10 each fully paid) - unchanged from previous year
AGM Details
13th Annual General Meeting: September 30, 2026 at 4:00 PM IST through Video Conferencing
Business to be Transacted:
1. Adoption of Audited Standalone Financial Statements for FY 2025-26
2. Re-appointment of Ms. Sushmita Jeetendra Shete as Director liable to retire by rotation
Dividend and Reserves
- No dividend declared for FY 2025-26 due to losses
- No amount transferred to reserves due to net loss position
- No unpaid/unclaimed amounts requiring transfer to Investor Education and Protection Fund
Related Party Transactions
- Loans received from related parties: Hathor Corporate Advisors LLP (₹7,56,152) and Plutus Capital Management LLP (₹1,18,188)
- All transactions conducted at arm's length and in ordinary course of business
Auditor Information
Statutory Auditors: M/s P SV Jain and Associates (FRN: 131505W) appointed for 5 years from FY 2025-26
Secretarial Auditors: M/s Shravan A. Gupta and Associates
Internal Auditor: Mr. Farook Yunus Badu
All audit reports received without qualifications, reservations, or adverse remarks
Corporate Governance
- Company exempt from Corporate Governance Report requirements as SME listed entity
- Maintains Vigil Mechanism/Whistle Blower Policy
- Has Audit Committee, Nomination and Remuneration Committee, and Stakeholders Relationship Committee
- Board met 6 times during FY 2025-26
Financial Position (as of March 31, 2026)
Total Assets: ₹1,91,68,098
Non-current Assets: ₹1,24,81,136 (Property, Plant & Equipment: ₹1,77,304; Intangible Assets: ₹1,23,03,832)
Current Assets: ₹66,86,962 (Trade Receivables: ₹32,99,400; Cash & Bank: ₹57,367; Loans & Advances: ₹23,78,800; Other Assets: ₹9,51,394)
Current Liabilities: ₹9,22,340
Retained Earnings: Negative ₹(28,19,603)
Cash Flow Statement
Net Cash from Operating Activities: ₹(10,42,958)
Net Cash from Investing Activities: ₹25,440
Net Cash from Financing Activities: ₹8,69,708
Net Decrease in Cash: ₹(1,73,250)
Cash at End of Year: ₹57,367 (Previous year: ₹2,30,617)
Key Ratios
Current Ratio: 7.25 (Previous year: 422.18)
Debt-Equity Ratio: 0.05 (Previous year: NIL)
Return on Equity: -0.23 (Previous year: -0.20)
Return on Capital Employed: -0.22 (Previous year: -0.20)
Forward Looking Statements
Management cautions that statements contain forward-looking information subject to risks and uncertainties including economic conditions, market changes, and regulatory developments that could affect actual results.