Board Meeting Details

The Board of Directors meeting was held on Friday, 14th August, 2026 at 02:00 P.M. at the registered office of the Company and concluded at 04:00 P.M.

Key Decisions Approved

1. Un-Audited Financial Results for the quarter ended 30th June, 2026

2. Limited Review Report for the Quarter ended 30th June, 2026

3. Re-appointment of Mr. Hemambara Rao Boddeti (DIN: 01511127) as Executive Director effective 04.09.2026 for three years, subject to shareholder approval

4. Re-appointment of Mr. Kiran Thummalapalli (DIN: 00472025) as Executive Director effective 29.12.2026 for three years, subject to shareholder approval

Financial Results (Amount in ₹ Lakhs)

Quarter ended 30.06.2026 (Un-Audited) vs Comparative Periods:

Income Statement:

  • Revenue from Operations: ₹44.90 (vs ₹53.36 in Q1 FY26; ₹97.65 in Q4 FY26)
  • Other Income: ₹2.71 (vs ₹1.91 in Q1 FY26; ₹2.59 in Q4 FY26)
  • Total Income: ₹47.61 (vs ₹55.28 in Q1 FY26; ₹100.24 in Q4 FY26)

Expenses Breakdown:

  • Employee benefits expense: ₹78.94 (vs ₹59.66 in Q1 FY26; ₹99.91 in Q4 FY26)
  • Depreciation and amortization: ₹17.33 (vs ₹21.04 in Q1 FY26; ₹23.48 in Q4 FY26)
  • Finance Cost: ₹0.65 (vs ₹3.74 in Q1 FY26; ₹0.46 in Q4 FY26)
  • Other expenses: ₹33.92 (vs ₹41.87 in Q1 FY26; ₹156.31 in Q4 FY26)
  • Total Expenses: ₹130.83 (vs ₹126.30 in Q1 FY26; ₹148.91 in Q4 FY26)

Profit/Loss:

  • Loss before tax: ₹(83.22) (vs ₹(71.02) in Q1 FY26; ₹(48.67) in Q4 FY26)
  • Tax expense (Deferred Tax): ₹(0.88) (vs ₹(1.25) in Q1 FY26; ₹(1.56) in Q4 FY26)
  • Net Loss for the period: ₹(82.34) (vs ₹(69.77) in Q1 FY26; ₹(47.11) in Q4 FY26)

Earnings Per Share:

  • Basic EPS: ₹(0.25) (vs ₹(0.22) in Q1 FY26; ₹(0.14) in Q4 FY26)
  • Diluted EPS: ₹(0.25) (vs ₹(0.22) in Q1 FY26; ₹(0.14) in Q4 FY26)

Annual Comparison (Year ended 31.03.2026 - Audited):

  • Revenue from Operations: ₹319.43
  • Total Income: ₹327.73
  • Net Loss: ₹(179.53)
  • Basic EPS: ₹(0.55)

Share Capital:

  • Paid-up equity share capital (Face Value of ₹2/- per share): ₹654.40 lakhs

Director Re-appointment Details

Mr. Hemambara Rao Boddeti:

  • Re-appointment as Executive Director effective 04.09.2026 for three years
  • Highly accomplished executive with 20 years of experience in leadership roles
  • Holds Master degree in Computer Applications
  • Not debarred from holding director office by SEBI or any statutory authority

Mr. Kiran Thummalapalli:

  • Re-appointment as Executive Director effective 29.12.2026 for three years
  • Over two decades of experience in diverse IT technologies and Software Development
  • Previously led teams at Mars Telecom and Wipro working with Ericsson and Nokia
  • Holds MS in Software Engineering from BITS
  • Related to Mrs. Ragasita Manjari Thummalapalli (Director)
  • Not debarred from holding director office by SEBI or any statutory authority