Summary of Key Information:
Reporting Period: Quarter and Year Ended March 31, 2026
Nature of Filing / Announcement: Outcome of Board Meeting - Audited Financial Results
Audit Opinion:
Clean/Unmodified Opinion issued by M/s. V Jalan & Co., Chartered Accountants (Firm Registration No.: 320163E)
Auditor's Comment: The auditors issued an unmodified opinion, confirming the financial results give a true and fair view in conformity with applicable accounting standards and comply with Regulation 33 of SEBI Listing Regulations.
Key Financial Highlights [₹ in Lakhs]:
Standalone Results:
Quarter Ended March 31, 2026 (Audited):
- Revenue from Operations: ₹0.04
- Other Income: ₹145.00
- Total Income: ₹145.04
- Total Expenditure: ₹29.86
- Profit/(Loss) before exceptional items and tax: ₹(28.37)
- Exceptional Items: ₹0.00
- Profit/(Loss) after exceptional items before tax: ₹(28.37)
- Tax Expense: ₹0.00
- Net Profit/Loss for the period: ₹(28.37)
- Total Comprehensive income for the period: ₹(28.37)
- EPS Basic: ₹(0.00168)
- EPS Diluted: ₹(0.00218)
Year Ended March 31, 2026 (Audited):
- Revenue from Operations: ₹0.04
- Other Income: ₹145.00
- Total Income: ₹145.04
- Total Expenditure: ₹53.80
- Profit/(Loss) before exceptional items and tax: ₹(49.35)
- Exceptional Items: ₹0.00
- Profit/(Loss) after exceptional items before tax: ₹(49.35)
- Tax Expense: ₹0.00
- Net Profit/Loss for the period: ₹(49.35)
- Total Comprehensive income for the period: ₹(49.35)
- EPS Basic: ₹(0.0293)
- EPS Diluted: ₹(0.0379)
Comparative Figures (Year Ended March 31, 2025 - Audited):
- Revenue from Operations: ₹3,589.00
- Other Income: ₹1,541.00
- Total Income: ₹5,130.00
- Total Expenditure: ₹166.29
- Profit/(Loss) before exceptional items and tax: ₹(113.99)
- Exceptional Items: ₹(101.85)
- Profit/(Loss) after exceptional items before tax: ₹(215.84)
- Tax Expense: ₹0.00
- Net Profit/Loss for the period: ₹(215.84)
- Total Comprehensive income for the period: ₹(215.84)
- EPS Basic: ₹(0.09)
- EPS Diluted: ₹(0.17)
Standalone Statement of Assets and Liabilities:
As at March 31, 2026:
- Property, plant and equipment: ₹34.39
- Other Financial Assets: ₹4,012.75
- Loans: ₹7.34
- Other non-current assets: ₹0.00
- Total Non-current assets: ₹4,054.48
- Inventories: ₹271.12
- Trade receivables: ₹401.98
- Cash and Cash equivalents: ₹7.09
- Other current assets: ₹23.93
- Total Current assets: ₹704.13
- Total Assets: ₹4,758.61
- Equity Share capital: ₹3,371.87
- Other equity: ₹901.01
- Total Equity: ₹4,272.88
- Non-current liabilities (Borrowings): ₹237.88
- Non-current liabilities (Provisions): ₹0.23
- Total Non-current liabilities: ₹238.10
- Current liabilities (Trade payables): ₹103.15
- Current liabilities (Other financial liabilities): ₹144.48
- Total Current liabilities: ₹247.63
- Total Equity and Liabilities: ₹4,758.61
Comparative Figures (As at March 31, 2025):
- Total Assets: ₹513.30
- Equity Share capital: ₹2,531.87
- Other equity: ₹(2,464.81)
- Total Equity: ₹67.06
- Total Liabilities: ₹446.24
Cash Flow Statement for Year Ended March 31, 2026:
- Cash used in operations: ₹(4,271.15)
- Net cash used in Operating Activities: ₹(4,271.15)
- Net cash flows from Investing Activities: ₹0.00
- Proceeds from borrowings: ₹4,255.16
- Application Money Received: ₹26.81
- Repayment of borrowings: ₹(4.46)
- Net cash flows from Financing Activities: ₹4,277.51
- Net Increase in cash and cash equivalents: ₹6.36
- Cash and Cash Equivalents at beginning of year: ₹0.73
- Cash and Cash Equivalents at end of year: ₹7.09
Corporate Actions:
Preferential Issue Details:
- Issue Type: Preferential issue of Equity Shares and Fully Convertible Warrants
- Issue Period: February 27, 2026 to March 06, 2026 (Equity); February 27, 2026 to March 11, 2026 (Warrants)
- Total Issue Size: ₹121.76 Crore
Equity Shares:
- Number of Securities: 42,000,000
- Price: ₹4.55 per share
- Amount: ₹19.11 Crore (fully received)
Convertible Warrants:
- Number of Securities: 225,605,633
- Price: ₹4.55 per warrant
- Amount: ₹102.65 Crore (25% received: ₹24.44 Crore)
- Total Amount Received: ₹43.55 Crore (₹19.11 Crore + ₹24.44 Crore)
Monitoring Agency Report Findings:
- No deviation from objects disclosed in Offer Document
- No material deviations observed
- No change in means of finance for disclosed objects
- All Government/statutory approvals obtained
- No favorable or unfavorable events affecting viability of objects
- General Corporate Purposes utilization: ₹0.02 Crore (out of ₹26.76 Crore allocated)
- Unutilized amount for General Corporate Purposes: ₹26.74 Crore
- Funds deployed in Axis Bank accounts
- Implementation timeline: Ongoing up to Financial Year 2026-27
Other Significant Information:
- Paid-up Equity Share Capital: ₹3371.87 lakh (Face Value ₹2 per share)
- The figures for the quarter ended March 31, 2026 are balancing figures between audited full year and published year-to-date figures
- Financial results prepared in accordance with Indian Accounting Standards (Ind AS)
- Results available on company website: www.lccinfotech.in and stock exchange websites