Mudunuru Limited held its Board Meeting on 12th November, 2026 at 3:00 PM at its registered office, which concluded at 5:30 PM. The Board considered and approved multiple agenda items.

Financial Results

The Board approved the Un-Audited Financial Results for the Quarter and Half Year ended 30th September, 2026:

  • Q2 FY27 Revenue from Operations: Rs 142.33 lakh
  • Q2 FY27 Net Profit: Rs 5.18 lakh
  • Half Year FY27 Revenue from Operations: Rs 187.23 lakh
  • Half Year FY27 Net Loss: Rs 77.16 lakh
  • EPS for Q2 FY27: Rs 0.02 per share (face value Rs 2)
  • Paid-up equity share capital: Rs 654.40 lakh (face value Rs 2 per share)

The results were reviewed by the Audit Committee and prepared in accordance with Ind AS-34. The company is engaged in "IT Consulting, Software Services and Dairy Supply."

Capital Structure Changes

The Board approved:

1. Increase in Authorized Share Capital from Rs 9,00,00,000 (4.5 crore equity shares of Rs 2 each) to Rs 12,50,00,000 (6.25 crore equity shares of Rs 2 each), subject to shareholder approval

2. Issue of up to 2,48,33,921 Convertible Warrants at Rs 2 per warrant to Promoter's group and Non-Promoter/Public on preferential basis

3. Issue of up to 33,70,000 Equity Shares at Rs 2 per share to Non-Promoter/Public on preferential basis

Preferential Issue Details

Convertible Warrants (2,48,33,921 warrants):

  • Promoter's Group Allottees: Vindhya Mudunuru (66,04,000 warrants), Sloka Mudunuru (66,04,000 warrants), Sandhya Kutcherlapati (33,70,000 warrants)
  • Non-Promoter Allottees: T. Kiran (21,63,921 warrants), Dheeksha Buddharaju (60,92,000 warrants)
  • Conversion period: 18 months from allotment date
  • Post-conversion holding pattern: Promoters 55.42%, Public 44.58%

Equity Shares (33,70,000 shares):

  • Allottee: Dheeksha Buddharaju (33,70,000 shares)

Acquisition

Board approved acquisition of 51% shareholding in Mudunuru Hospitality Private Limited for Rs 5,10,000, making it a subsidiary company. Mudunuru Hospitality was incorporated on 4th November, 2026 and operates in the hospitality sector. The acquisition aims to expand business presence into various sectors through strategic investments. Completion is targeted before 31st December, 2026.

Corporate Governance

  • Extra Ordinary General Meeting scheduled for Saturday, 12th December, 2026 at 11:00 AM at registered office
  • Appointment of M/s. S.S. Reddy & Associates as Scrutiniser for the EGM
  • Limited Review Report conducted by M M REDDY & CO., Chartered Accountants

Financial Position (as at 30th September, 2026)

  • Total Assets: Rs 475.45 lakh
  • Property, Plant and Equipment: Rs 108.84 lakh
  • Intangible Assets: Rs 122.39 lakh
  • Trade receivables: Rs 166.19 lakh
  • Cash and cash equivalents: Rs 3.33 lakh
  • Total Equity: Negative Rs 40.71 lakh (Rs 654.40 lakh share capital + Negative Rs 695.11 lakh other equity)
  • Borrowings: Rs 420.38 lakh

Cash Flow (Six months ended 30th September, 2026)

  • Net cash from operating activities: Negative Rs 104.22 lakh
  • Net cash used in investing activities: Negative Rs 16.37 lakh
  • Net cash from financing activities: Rs 51.41 lakh
  • Net decrease in cash: Rs 69.18 lakh

All preferential issues and capital increase are subject to shareholder approval in the ensuing EGM and receipt of applicable regulatory approvals.