Board Meeting Details
The Board of Directors meeting was held on 12th November 2026, commencing at 3:30 PM and concluding at 5:45 PM. The meeting approved the Unaudited Financial Results for the quarter and half year ended 30th September 2026.
Financial Results Overview (Quarter Ended 30th September 2026)
- Total Income: ₹0.04 lakh (consisting entirely of Other Income; Revenue From Operations was ₹0)
- Total Expenses: ₹8.20 lakh
- Employee Benefits Expense: ₹0.21 lakh
- Finance Cost: ₹79.05 lakh
- Depreciation and Amortisation: ₹0.09 lakh
- Other Expenses: ₹0.705 lakh
- Loss Before Tax: ₹(8.16) lakh
- Tax Expense: ₹0
- Net Loss from Continuing Operations: ₹(8.16) lakh
- Earnings Per Share (Basic) from Continuing Operations: ₹(0.019)
- Earnings Per Share (Diluted) from Continuing Operations: ₹(0.019)
Financial Results Overview (Half Year Ended 30th September 2026)
- Total Income: ₹0.04 lakh
- Total Expenses: ₹91.17 lakh
- Loss Before Tax: ₹(91.13) lakh
- Tax Expense: ₹0
- Net Loss from Continuing Operations: ₹(91.13) lakh
- Earnings Per Share (Basic) from Continuing Operations: ₹(2.095)
- Earnings Per Share (Diluted) from Continuing Operations: ₹(2.095)
Balance Sheet Position (as at 30th September 2026)
- Total Assets: ₹2,182.17 lakh (Previous year: ₹1,695.80 lakh)
- Non-Current Assets: ₹2,121.34 lakh
- Property, Plant and Equipment: ₹0
- Investments: ₹242.00 lakh
- Trade Receivables: ₹1.02 lakh
- Loans: ₹1,849.41 lakh
- Deferred Tax Assets: ₹1.31 lakh
- Other Non-Current Assets: ₹8.60 lakh
- Current Assets: ₹60.82 lakh
- Trade Receivables: ₹52.40 lakh
- Cash & Cash Equivalents: ₹2.33 lakh
- Loans: ₹2.21 lakh
- Current Tax Assets: ₹0.76 lakh
- Other Current Assets: ₹3.12 lakh
- Equity: ₹494.56 lakh
- Equity Share Capital: ₹434.97 lakh (Face Value ₹10 each)
- Other Equity: ₹59.60 lakh
- Non-Current Liabilities: ₹1,669.12 lakh
- Long Term Borrowings: ₹1,652.77 lakh
- Other Non-Current Liabilities: ₹16.35 lakh
- Current Liabilities: ₹18.48 lakh
- Trade Payables: ₹18.48 lakh
Cash Flow Statement (Half Year Ended 30th September 2026)
- Net Cash From Operating Activities: ₹(18.36) lakh
- Net Cash Used in Investing Activities: ₹(484.12) lakh
- Sale of PPE: ₹0.88 lakh
- Investments: ₹(241.00) lakh
- Long-Term Loans and Advances: ₹(244.00) lakh
- Net Cash From Financing Activities: ₹504.55 lakh
- Proceeds from Borrowings: ₹567.36 lakh
- Other Non-Current Liabilities: ₹16.35 lakh
- Interest Paid: ₹(79.05) lakh
- Others: ₹(0.11) lakh
- Net Increase in Cash & Cash Equivalents: ₹2.06 lakh
- Closing Cash Balance: ₹2.33 lakh
Additional Information
- The financial results were reviewed by the Audit Committee on 12.11.2026 and approved by the Board on the same day.
- The Statutory Auditors (Manish Mahavir & Co, Firm Registration No.: 323455E) conducted a limited review of the financial results.
- The company operates in a single segment, making segment reporting under Ind AS 108 not applicable.
- Previous period figures have been rearranged/regrouped where necessary.
- The limited review report confirms that nothing has come to their attention suggesting material misstatement in the financial results.