Board Meeting Details
The Board of Directors meeting was held on Friday, 10th July, 2026, at the company's registered office in Mumbai. The meeting commenced at 4:30 PM and concluded at 5:30 PM.
Board Approvals
The Board considered and approved:
1. Unaudited Financial Results of the Company for the quarter ended 30th June, 2026
2. Limited Review Report issued by the Statutory Auditors on the Unaudited Financial Results for the quarter ended 30th June, 2026
Trading Window Closure
The Trading Window for dealing in the securities of the Company shall remain closed for Designated Persons until 48 hours after the declaration of the financial results, in accordance with SEBI (Prohibition of Insider Trading) Regulations, 2015 and the Company's Code of Conduct.
Financial Results Summary (Rs. in Lakhs)
Quarter Ended 30th June, 2026 (Current Quarter):
- Revenue from operations: ₹2,200.01
- Other income: ₹684
- Total revenue: ₹2,206.85
- Total expenses: ₹2,198.55
- Profit before tax: ₹8.30
- Tax expense: ₹0
- Profit after tax: ₹8.30
- Basic EPS: ₹0.04
- Diluted EPS: ₹0.04
- Paid-up equity share capital: ₹1,920.00 (Face value ₹10 each)
Comparative Figures:
- Previous quarter (31st March, 2026): Net loss of ₹(617.28) lakh
- Corresponding quarter previous year (30th June, 2025): Net profit of ₹23.60 lakh
- Full year previous year (31st March, 2026): Net loss of ₹(636.95) lakh
Expense Breakdown (Quarter Ended 30th June, 2026)
- Purchases of stock-in-trade: ₹2,149.99
- Employee benefit expense: ₹183
- Finance costs: ₹548
- Other expenses: ₹4126
- Depreciation and amortization: ₹0
Auditor's Review Report
Statutory Auditors Sarang Shivajirao Chavan and Associates issued a limited review report with an unmodified opinion but included several emphasis of matter points:
1. TDS Compliance Issues: The Company has not complied with certain statutory requirements under the Income-tax Act, 1961 relating to timely deposit and filing of TDS statements. Interest, penalties, and other liabilities arising therefrom have not been ascertained and provided for in the books of accounts.
2. Missing Documentation: Certain original sales and purchase invoices pertaining to the year were not available for verification. Management represented that underlying transactions have been duly recorded in books of account with alternative supporting documentation.
3. The auditors conducted their review in accordance with Standard on Review Engagements (SRE) 2410 and obtained moderate assurance that the statement is free of material misstatement.
Additional Notes
1. The financial results were reviewed by the audit committee and approved by the Board on 10th July, 2026.
2. The company has a single business segment, therefore segment information disclosure is not applicable under Ind AS 108.
3. Previous quarter figures have been regrouped/reclassified where necessary for comparability.
4. The financial results have been prepared in accordance with Ind AS notified under the Companies (Accounting Standards) Rule 2015.