LADAM AFFORDABLE HOUSING LIMITED

Board Meeting Details

The Meeting of the Board of Directors was held on Wednesday, July 22, 2026, commencing at 5:00 PM and concluding at 6:00 PM. The Board inter-alia considered and approved the Unaudited Standalone and Consolidated Financial Results along with Limited Review Report for the quarter ended June 30, 2026, as per Regulation 33 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015.

In terms of SEBI (Prohibition of Insider Trading) Regulations, 2015, the trading window of the Company will open after 48 hours after the announcement of the said results.

Financial Results Summary (Standalone)

For Quarter Ended June 30, 2026 (Unaudited):

  • Revenue from Operations: ₹4.55 lakh
  • Other Income: ₹0.00 lakh
  • Total Revenue: ₹4.55 lakh
  • Employee Benefit Expense: ₹3.00 lakh
  • Other Expenses: ₹8.62 lakh
  • Total Expenses: ₹11.62 lakh
  • Loss Before Tax: ₹7.07 lakh
  • Other Comprehensive Income: ₹0.11 lakh (unrealized gain on investment held in equity instrument)
  • Total Comprehensive Income: ₹(6.96) lakh
  • Paid-up Equity Share Capital: ₹915.23 lakh (Face Value ₹5/- each)
  • Basic EPS: ₹(0.04)
  • Diluted EPS: ₹(0.04)

Comparative Figures (Standalone):

  • March 31, 2026 (Audited): Loss Before Tax ₹(182.69) lakh, Basic EPS ₹(0.998)
  • June 30, 2025 (Unaudited): Loss Before Tax ₹(9.45) lakh, Basic EPS ₹(0.052)

Financial Results Summary (Consolidated)

For Quarter Ended June 30, 2026 (Unaudited):

  • Revenue from Operations: ₹0.00 lakh
  • Other Income: ₹5.74 lakh
  • Total Revenue: ₹5.74 lakh
  • Employee Benefit Expense: ₹3.00 lakh
  • Depreciation and Amortization Expense: ₹0.00 lakh
  • Other Expenses: ₹9.20 lakh
  • Total Expenses: ₹12.20 lakh
  • Loss Before Tax: ₹(6.46) lakh
  • Tax Expense: ₹0.00 lakh
  • Loss for the Period: ₹(6.46) lakh
  • Other Comprehensive Income: ₹0.11 lakh
  • Total Comprehensive Income: ₹(6.36) lakh
  • Attributable to Owners of the Company: ₹(6.64) lakh
  • Attributable to Non-Controlling Interest: ₹0.29 lakh
  • Paid-up Equity Share Capital: ₹915.23 lakh (Face Value ₹5/- each)
  • Basic EPS: ₹(0.04)
  • Diluted EPS: ₹(0.04)

Comparative Figures (Consolidated):

  • March 31, 2026 (Audited): Loss Before Tax ₹(14.30) lakh, Basic EPS ₹(0.08)
  • June 30, 2025 (Unaudited): Loss Before Tax ₹(9.32) lakh, Basic EPS ₹(0.05)

Subsidiaries and Associates

The consolidated results include:

  • Subsidiaries: Ladam Flora Pvt. Ltd., Ladam Homes Pvt. Ltd., Ladam Foods Private Limited
  • Associates: Lacon India Limited, Ladam Steels Limited, Spearhead Metals and Alloys Limited

Auditor's Qualifications

D P Sarda & Co, Chartered Accountants, issued a limited review report highlighting:

1. The Company has a subsidiary, Ladam Foods Private Limited, and an associate company, Lacon India Limited, both under process of being struck off from the Register of Companies under Section 248 of Companies Act, 2013.

2. As of June 30, 2026, strike-off of neither entity had been formally confirmed by MCA.

3. Subsequent to balance sheet date (July 7, 2026), strike-off of Ladam Foods Private Limited was formally confirmed by MCA, ceasing its legal existence.

4. Strike-off of Lacon India Limited remains pending confirmation as of report date (July 22, 2026).

5. The Company had already written off investments in, and loans/advances to, both entities in earlier periods.

The auditors did not review interim financial results of subsidiaries included in consolidated results, which reflect total other income of ₹1.19 lakh and other expenses of ₹0.58 lakh for the quarter.

Additional Notes

1. The financial results were reviewed by Audit Committee and approved by Board of Directors on July 22, 2026.

2. No changes in Accounting Policies of the company.

3. Previous year figures have been regrouped/rearranged wherever necessary.

4. Other Comprehensive Income of ₹10,458 represents unrealized gain on investment held in equity instrument between April 1, 2026 to June 30, 2026 under FVTOCI option.