Key Board Decisions
1. Audited Financial Results Approval
- Approved Audited Financial Results for quarter and year ended March 31, 2026
- Includes Statement of Assets & Liabilities and Cash Flow Statement for FY2025-26
- Auditor: M/s Sumit Ranka and Associates, Chartered Accountants
- Audit opinion: Unmodified opinion
- Results to be published in newspapers as per Regulation 47
2. Internal Auditor Appointment
- Appointed M/s Megha Tripathi & Associates, Chartered Accountants (FRN: 031460C) as Internal Auditor
- Effective for financial year 2026-27
- Appointment date: May 30, 2026
- Firm profile: Reputed firm with exposure in Accounts, Finance, IS Audit/Forensic Audit & Fraud Detection, Internal audit
- Office address: E-8/7, Basant Kunj Arera Colony, Bhopal-462039
- No relationships between directors/KMP disclosed
3. Registered Office Change
- Approved shifting of registered office within local limits of Bhopal
- From: 35 Block-C Mansarovar Complex, 7 No Stop M.P. Nagar Mpsrtc Depo 7, M.P. Vidhan Sabha, Bhopal, Huzur, Madhya Pradesh, India-462004
- To: 33 Block-C Mansarovar Complex, 7 No Stop M.P. Nagar Mpsrtc Depo 7, M.P. Vidhan Sabha, Bhopal, Huzur, Madhya Pradesh, India-462004
- Effective date: May 30, 2026
4. Trading Window Update
- Trading window for designated persons will open on Wednesday, June 03, 2026
- In accordance with Company's Code of Conduct and SEBI (Prohibition of Insider Trading) Regulations, 2015
Financial Results Details
Balance Sheet Position as at March 31, 2026 (₹ in Lakhs)
- Total Assets: ₹1,439.17 (Previous year: ₹486.96)
- Non-Current Assets: ₹63.86 (Previous: ₹85.55)
- Property, Plant and Equipment: ₹5.10 (Previous: ₹2.11)
- Loans: ₹55.52 (Previous: ₹80.44)
- Other Financial Assets: ₹3.24 (Previous: ₹3.00)
- Current Assets: ₹1,375.32 (Previous: ₹401.41)
- Inventories: ₹831.81 (Previous: ₹150.77)
- Trade Receivables: ₹346.78 (Previous: ₹56.32)
- Cash and Cash Equivalents: ₹53.02 (Previous: ₹2.37)
- Loans: ₹132.58 (Previous: ₹191.95)
- Other Current Assets: ₹11.13 (Previous: nil)
Equity and Liabilities (₹ in Lakhs)
- Equity Share Capital: ₹307.50 (unchanged)
- Other Equity: ₹359.77 (Previous: ₹94.38)
- Money Received against Share Warrants: ₹118.19
- Total Equity: ₹785.45 (Previous: ₹401.88)
- Current Liabilities: ₹653.60 (Previous: ₹84.96)
- Borrowings: ₹533.98 (Previous: ₹6.40)
- Due to Others: ₹18.11 (Previous: ₹23.66)
- Other Current Liabilities: ₹10.82 (Previous: ₹20.30)
- Provisions: ₹1.80 (Previous: nil)
- Current Tax Liabilities: ₹88.98 (Previous: ₹34.61)
Profit and Loss Highlights
- Earnings Per Share (EPS):
- Basic: ₹(0.65) (Previous: ₹0.73)
- Diluted: ₹(0.65) (Previous: ₹0.73)
Cash Flow Statement (₹ in Lakhs)
- Operating Activities: Net cash used ₹(77.79) (Previous: Net cash from ₹25.92)
- Profit before tax: ₹353.51 (Previous: ₹153.12)
- Cash generated from operations: ₹(543.94) (Previous: ₹32.39)
- Income tax paid: ₹(33.85) (Previous: ₹(6.48))
- Investing Activities: Net cash from ₹7.82 (Previous: Net cash used ₹(2.66))
- Purchase of Property, Plant & Equipment: ₹(4.24) (Previous: ₹(2.66))
- Interest Income: ₹12.06 (Previous: nil)
- Financing Activities: Net cash from ₹620.62 (Previous: Net cash used ₹(23.72))
- Proceeds from Issue of Share Warrants: ₹118.19 (Previous: ₹0.12)
- Proceeds/(Repayment) of Borrowings: ₹527.58 (Previous: ₹(23.60))
- Finance Cost: ₹(25.15) (Previous: ₹(0.12))
Warrant Proceeds Utilization
- Total Proceeds Received: ₹118.18 lakhs (25% of warrant issue price)
- Total Utilized: ₹80.39 lakhs
- Working Capital Requirements: ₹57.44 lakhs
- Repayment of Borrowing: ₹13.00 lakhs
- Issue related expenses: ₹3.64 lakhs
- General Corporate Purpose: ₹6.32 lakhs
- Unutilized Balance: ₹37.78 lakhs
- Balance remains invested in short-term fixed deposits or bank balances
- Utilization reviewed by Audit Committee and in accordance with offer documents
Auditor Confirmations
- M/s Sumit Ranka & Associates issued unmodified opinion on audited financial results
- Certified the utilization of warrant proceeds as detailed above
- The firm's registration number: ICAI Firm Registration No.: 147837W
Meeting Details
- Board Meeting commenced at 04:00 PM and concluded at 05:30 PM on May 30, 2026