Key Quantitative Figures

Standalone Financial Results (Q1 June 2026)

  • Total Income: ₹2.90 lakh (₹34.06 lakh in preceding quarter ended March 2026; ₹12.44 lakh in Q1 June 2025)
  • Revenue from Operations: ₹0.00 lakh (₹34.06 lakh in preceding quarter; ₹12.44 lakh in year-ago quarter)
  • Other Income: ₹2.90 lakh
  • Total Expenditure: ₹5.67 lakh
  • Net Loss: ₹(2.77) lakh (Net Profit of ₹27.86 lakh in preceding quarter; ₹3.00 lakh in year-ago quarter)
  • Earnings Per Share (Basic & Diluted): ₹(0.005) (₹0.52 in preceding quarter; ₹0.055 in year-ago quarter)
  • Paid-up Equity Share Capital: ₹540 lakh (54,00,000 shares of ₹10 each)

Consolidated Financial Results (Q1 June 2026)

  • Total Income: ₹63.09 lakh (₹300.96 lakh in preceding quarter ended March 2026; ₹83.03 lakh in Q1 June 2025)
  • Revenue from Operations: ₹60.19 lakh
  • Other Income: ₹2.90 lakh
  • Total Expenditure: ₹38.73 lakh
  • Net Profit: ₹34.36 lakh (₹256.33 lakh in preceding quarter; ₹39.62 lakh in year-ago quarter)
  • Earnings Per Share (Basic & Diluted): ₹0.64 (₹4.75 in preceding quarter; ₹0.73 in year-ago quarter)
  • Paid-up Equity Share Capital: ₹540 lakh (54,00,000 shares of ₹10 each)
  • Subsidiary Contribution (Osiajee Agro Farms Limited): Total assets of ₹2,101.88 lakh as of June 30, 2026; Revenue of ₹72.13 lakh and Net Profit of ₹37.13 lakh for the quarter.

Stock Split Details

  • Split Ratio: 1 existing equity share of ₹10 face value to be subdivided into 10 equity shares of ₹1 face value.
  • Pre-Split Capital: Authorized Capital - ₹1,050.00 lakh (1,05,00,000 shares of ₹10 each); Paid-up Capital - ₹540.00 lakh (54,00,000 shares of ₹10 each).
  • Post-Split Capital: Authorized Capital - ₹1,050.00 lakh (10,50,00,000 shares of ₹1 each); Paid-up Capital - ₹540.00 lakh (5,40,00,000 shares of ₹1 each).
  • Expected Time of Completion: Within approximately 5 months from shareholder approval.

Dates of Action

  • Board Meeting Date: August 13, 2026 (commenced 4:00 PM, concluded 4:45 PM).
  • Financial Results Period: Quarter ended June 30, 2026.
  • Record Date for Split: To be decided post-shareholder approval.

Parties Involved

  • Stock Exchanges: BSE Limited (Scrip Code: 540198, ISIN: INE186R01013).
  • Statutory Auditors: S. C. Mehra & Associates LLP (FRN: 106156W).
  • Subsidiary: Osiajee Agro Farms Limited (wholly-owned).

Purpose/Rationale

  • Stock Split: Undertaken to enhance liquidity, make shares more affordable and accessible to a wider investor base, and potentially increase trading volumes. The company stated the split does not affect the overall capital structure or intrinsic value.
  • MoA Alteration: Consequential change to the Capital Clause (Clause V) of the Memorandum of Association to reflect the new share capital structure post-split.

Financial/Operational Impact

  • The stock split is a corporate action that changes the number of shares and their face value without altering the total share capital or reserves.
  • The financial results show a significant quarter-on-quarter decline in both standalone and consolidated performance.

Capital Structure Impact

  • The stock split will increase the number of outstanding equity shares from 54,00,000 to 5,40,00,000 while reducing the face value from ₹10 to ₹1 per share. The total paid-up capital value remains unchanged at ₹540 lakh.

Forward-Looking Guidance

  • No explicit forward-looking guidance or management commentary was provided in the disclosure.

Auditor Review

  • The unaudited standalone and consolidated financial results were reviewed by the statutory auditors, S. C. Mehra & Associates LLP.
  • The auditors issued a limited review report stating nothing came to their attention causing them to believe the statements contain any material misstatement.