Board Meeting Details
The Board of Directors meeting was convened on Friday, 06th November 2026 at the registered office of the company from 06:00 PM to 06:30 PM. The Board approved and adopted the un-audited Financial Results of the Company for the Quarter and Half Year Ended on 30th September 2026 along with Limited Review Report.
Financial Results (Amount in Lakhs)
Quarter Ended 30.09.2026 (Unaudited):
- Revenue from operations: ₹0.00
- Other income: ₹8.38
- Total revenue: ₹8.38
- Total expenses: ₹35.53
- Employee benefits expense: ₹9.00
- Depreciation and amortization expense: ₹0.00
- Other expenses: ₹26.53
- Loss before tax: ₹(27.15)
- Tax expense: ₹0.00
- Loss after tax: ₹(27.15)
- Basic EPS: ₹(0.27)
- Diluted EPS: ₹(0.27)
Half Year Ended 30.09.2026 (Unaudited):
- Revenue from operations: ₹0.00
- Other income: ₹10.18
- Total revenue: ₹10.18
- Total expenses: ₹62.82
- Employee benefits expense: ₹27.60
- Depreciation and amortization expense: ₹4.17
- Other expenses: ₹31.05
- Loss before tax: ₹(52.64)
- Tax expense: ₹0.00
- Loss after tax: ₹(52.64)
- Basic EPS: ₹(0.51)
- Diluted EPS: ₹(0.51)
Comparative Figures
Previous Quarter (30.06.2026): Loss after tax ₹(25.49) lakh, EPS ₹(0.52)
Year Ended 31.03.2026 (Audited): Loss after tax ₹(31.75) lakh, EPS ₹(0.64)
Same Quarter Previous Year (30.09.2025): Profit after tax ₹1.35 lakh, EPS ₹0.11
Statement of Assets and Liabilities (As on 30.09.2026)
- Total Assets: ₹926.98 lakh
- Non-Current Assets: ₹218.83 lakh (Capital Work in Progress ₹73.65 lakh, Property, plants and equipment ₹60.23 lakh, Financial Assets ₹84.81 lakh, Deferred Tax Asset ₹0.14 lakh)
- Current Assets: ₹708.15 lakh (Cash and Cash Equivalent ₹576.05 lakh, Other Current Assets ₹132.10 lakh)
- Total Equity: ₹922.22 lakh (Equity Share Capital ₹1,024.00 lakh, Other Equity ₹(101.78) lakh)
- Current Liabilities: ₹4.76 lakh (Trade Payables ₹3.33 lakh, Other Current liabilities ₹0.63 lakh, Provisions ₹0.80 lakh)
Cash Flow Statement (Half Year Ended 30.09.2026)
- Cash flow from operating activities: ₹(81.70) lakh
- Cash flow from investing activities: ₹(51.88) lakh
- Cash flow from financial activities: ₹397.50 lakh (Issue of Shares)
- Net decrease in cash and cash equivalents: ₹263.92 lakh
- Cash and cash equivalents at beginning: ₹312.13 lakh
- Cash and cash equivalents at end: ₹576.05 lakh
Auditor's Limited Review Report
Suvarna & Katdare, Chartered Accountants (FRN: 125080W) conducted a limited review and expressed an unmodified opinion. Nothing came to their attention that causes them to believe that the Statement contains any material misstatement. The review was conducted in accordance with SRE 2410 issued by ICAI.
Statement on Deviation/Variation of Funds
Fund Raising Details:
- Mode: Preferential Issue
- Date: 27th November, 2025
- Amount Raised: ₹9,00,00,000/-
Fund Utilization as on 30.09.2026:
- Working Capital Requirements/Pre-operative Expenses (Allocated: ₹8,85,00,000/-): Utilized ₹3,29,81,741/-
- Pre-operative expenses: ₹30,66,569/-
- Working Capital for Business purpose: ₹1,55,95,327/-
- MCA Fees: ₹13,10,000/-
- Salary, RTA Payment, Software and Tech, CDSL & NSDL Fees, BSE Payment and Other office expenses: ₹1,30,09,845/-
- Growth Objectives and Strengthening Financial Position (Allocated: ₹15,00,000/-): Utilized ₹15,00,000/-
- Total Utilized: ₹3,44,81,741/-
No deviation or variation in utilization of funds was reported. The company confirmed no change in terms of contract or objects approved by shareholders.
Additional Information
- The Financial results were prepared in accordance with Ind AS notified under the Companies (Accounting Standards) Rule 2015
- The company has no separate reportable segment under Ind AS 108
- Previous quarter figures have been regrouped/reclassified wherever necessary for comparability
- The statutory Auditors carried out the limited review