Financial Results Approval

The Board of Directors approved and took on record the unaudited consolidated and standalone financial results for the quarter ended 30th June 2026. The results were reviewed by the Audit Committee and statutory auditors M/s DMKH & Co (FRN 116886W), Chartered Accountants.

Standalone Financial Results (₹ in Lakhs):

  • Total Income from operations (net): ₹1,841.10
  • Total Expenses: ₹1,425.52
  • Loss before tax: ₹15.58
  • Net Loss after tax: ₹15.58
  • Paid-up Equity Share Capital: ₹100.00 (Face Value ₹10 each)
  • Reserves: ₹1.98
  • Basic & Diluted EPS: (₹0.156)

Consolidated Financial Results (₹ in Lakhs):

  • Total Income from operations (net): ₹1,841.10
  • Total Expenses: ₹1,425.55
  • Loss before tax: ₹15.55
  • Net Loss after tax: ₹15.55
  • Paid-up Equity Share Capital: ₹100.00 (Face Value ₹10 each)
  • Reserves: ₹19.20
  • Basic & Diluted EPS: (₹0.155)

The consolidated results include financials of Shri Krishnam Industries Private Limited, which became a subsidiary effective 25th May 2026. This subsidiary contributed nil revenue and a net loss of ₹2,941.9 for the period from 25th May 2026 to 30th June 2026.

Fundraising via Preferential Issue

The Board approved raising funds by issuing up to 1,00,00,000 equity shares of ₹10 face value each to promoters and non-promoters on a preferential basis at an issue price of ₹10.25 per share. The total issue size is approximately ₹10.25 crore.

List of Investors:

  • Promoters (76.30% of issue): Rohit Agrawal (38,15,000 shares), Rahul Agrawal (38,15,000 shares)
  • Non-Promoters (23.70% of issue): 22 individuals including Hitesh Kumar Paliwal (1,50,000), Vinay Agrawal (1,50,000), Satish Paliwal (1,50,000), and others with allocations ranging from 50,000 to 1,50,000 shares

Price Clarification

A subsequent filing dated 17th August 2026 clarified that the issue price mentioned in the original board meeting outcome was ₹10.00 per share due to an inadvertent typographical error. The correct approved issue price is ₹10.25 per equity share. All other terms and conditions remain unchanged.

Corporate Governance Matters

  • Appointment of M/s. Ravi Patidar & Associates as Scrutinizer for e-voting process
  • Convening of Extraordinary General Meeting (EGM) on Wednesday, 16th September 2026 at 01:00 PM through Video Conferencing/OAVM to seek shareholder approval for the preferential issue
  • The trading window was closed from 1st July 2026 until 48 hours after results announcement on 14th August 2026

Financial Impact

The preferential issue, if fully subscribed, will result in equity capital increase of ₹10.00 crore (face value) and premium collection of ₹0.25 crore, totaling ₹10.25 crore in fund inflow. The issue will cause dilution of existing shareholding proportional to the issue size.