Board Meeting Details

The Board of Directors meeting was held on 13th August 2026 from 2:00 PM to 2:45 PM. The board inter-alia adopted and approved:

  • Standalone Un-Audited Financial Results for the quarter ended 30th June 2026
  • Limited Review Reports by Statutory Auditors on Standalone Unaudited financial results for the quarter ended 30th June 2026

Financial Results Summary (Quarter Ended 30-June-2026)

Performance Metrics (₹ in lakhs):

  • Revenue from Operations: ₹84.83 (vs ₹25.57 in Mar-26 quarter, ₹0 in Jun-25 quarter)
  • Other Income: ₹0 (vs ₹0.04 in Jun-25 quarter)
  • Total Income: ₹84.83 (vs ₹25.57 in Mar-26 quarter)

Expense Breakdown (₹ in lakhs):

  • Purchase of Stock-in-Trade: ₹89.38 (vs ₹0 in previous quarters)
  • Employee benefits expenses: ₹15.07 (vs ₹2.90 in Mar-26 quarter)
  • Depreciation & Amortization: ₹0.11 (vs ₹0.39 in Mar-26 quarter)
  • Other Expenses: ₹1.43 (vs ₹3.13 in Mar-26 quarter)
  • Total Expenses: ₹105.99 (vs ₹6.42 in Mar-26 quarter)

Profitability (₹ in lakhs):

  • Profit before tax: (₹21.16) loss (vs ₹19.15 profit in Mar-26 quarter)
  • Tax Expenses: ₹0.00
  • Net Profit/(Loss) for the period: (₹21.16) loss (vs ₹19.15 profit in Mar-26 quarter)
  • Total Comprehensive Income: (₹21.16) loss

Comparative Performance:

  • Year Ended 31-Mar-2026 (Audited): Net Loss of ₹2.36 lakh on Total Income of ₹39.13 lakh
  • Quarter Ended 30-Jun-2025 (Unaudited): Net Loss of ₹11.97 lakh on Total Income of ₹0.04 lakh

Capital Structure:

  • Paid up Equity Share Capital (Face Value ₹10 each): ₹432.49 lakh (unchanged from previous periods)

Additional Financial Information

  • The company operates in a single business segment: Trading of Goods
  • Earnings Per Share computed in accordance with AS 20
  • No lease contracts, hence IND-AS 116 not applicable
  • Previous period figures have been regrouped/reclassified where necessary

Auditor's Limited Review Report

H. G. Sarvaiya & Co., Chartered Accountants (Firm Regn. No. 115705W) conducted a limited review of the quarterly results. Their report dated 13-08-2026 states:

  • Review conducted pursuant to Regulation 33 of SEBI LODR Regulations 2015
  • Based on their review, nothing has come to their attention that causes them to believe the statement contains any material misstatement
  • Review provides moderate assurance, not equivalent to an audit

Funds Utilization Statement

Preferential Issue Details:

  • Mode of Fund Raising: Preferential Issues
  • Date of Raising Funds: 12-03-2026
  • Amount Raised: ₹1,522.50 lakh
  • Monitoring Agency: Not applicable

Fund Utilization Status (No Deviation Reported):

1. Expansion of Supply Chain Infrastructure and Purchase of Machinery:

  • Original Allocation: ₹500.00 lakh
  • Funds Utilized: ₹354.20 lakh

2. Open Work-Shop for Welding Work at Ahmedabad Region:

  • Original Allocation: ₹200.00 lakh
  • Funds Utilized: ₹30.00 lakh

3. Technology upgradation and infrastructure development including ERP System:

  • Original Allocation: ₹100.00 lakh
  • Funds Utilized: ₹96.10 lakh

4. Working capital requirements including issue related expenses:

  • Original Allocation: ₹606.00 lakh
  • Funds Utilized: ₹25.52 lakh

5. General corporate purpose:

  • Original Allocation: ₹116.50 lakh
  • Funds Utilized: ₹70.00 lakh

Deviation Status: No deviation/variation in use of funds raised. All comments show "NOT APPLICABLE".