Board Meeting Details

The Board of Directors meeting was held on 27th May, 2026, commencing at 01:30 PM and concluding at 02:45 PM. The meeting approved the audited standalone financial results for the quarter and financial year ended 31st March, 2026.

Financial Results Summary (₹ in Lakh)

Quarter Ended 31st March, 2026 (Audited)

  • Revenue from Operations: ₹0.00
  • Other Income: ₹0.14
  • Total Income: ₹0.14
  • Total Expenses: ₹8.09 (Employee benefits: ₹7.74, Other expenses: ₹0.35)
  • Loss before tax: ₹(7.95)
  • Tax Expense: ₹0.00
  • Net Loss: ₹(7.95)
  • Basic & Diluted EPS: ₹(0.0037)

Financial Year Ended 31st March, 2026 (Audited)

  • Revenue from Operations: ₹0.00
  • Other Income: ₹1.41
  • Total Income: ₹1.41
  • Total Expenses: ₹54.96 (Employee benefits: ₹29.34, Other expenses: ₹25.62)
  • Loss before tax: ₹(53.55)
  • Tax Expense: ₹0.00
  • Net Loss: ₹(53.55)
  • Basic & Diluted EPS: ₹(0.0250)

Comparative Figures (FY Ended 31st March, 2025)

  • Revenue from Operations: ₹0.13
  • Other Income: ₹4.07
  • Total Income: ₹4.20
  • Total Expenses: ₹398.35 (Employee benefits: ₹19.22, Other expenses: ₹379.13)
  • Loss before tax: ₹(394.15)
  • Tax Expense: ₹0.01
  • Net Loss: ₹(394.14)
  • Basic & Diluted EPS: ₹(0.1840)

Share Capital and Ownership Structure

  • Paid-up Equity Share Capital: ₹21,425.65 lakh (Face Value: ₹10 per share)
  • Public Shareholding: 116,748,131 shares (54.49%)
  • Promoter & Promoter Group Shareholding: 97,508,369 shares (45.51%)
  • All promoter shares are non-encumbered

Balance Sheet Position (as at 31st March, 2026)

  • Total Assets: ₹1,471.43 lakh
  • Non-Current Assets: ₹1,465.65 lakh (Investments: ₹55.36 lakh, Loans: ₹774.80 lakh, Other non-current assets: ₹635.49 lakh)
  • Current Assets: ₹5.78 lakh (Cash & cash equivalents: ₹5.04 lakh, Current tax assets: ₹0.17 lakh, Other current assets: ₹0.57 lakh)
  • Total Equity: ₹833.25 lakh (Equity share capital: ₹21,425.65 lakh, Other equity: ₹(20,592.40) lakh)
  • Non-Current Liabilities: ₹635.49 lakh
  • Current Liabilities: ₹2.69 lakh

Cash Flow Statement (FY Ended 31st March, 2026)

  • Net cash flow from operating activities: ₹(3.08) lakh
  • Net cash flow from investing activities: ₹1.38 lakh
  • Net cash flow from financing activities: ₹0.00
  • Net decrease in cash & cash equivalents: ₹(1.70) lakh
  • Cash & cash equivalents at beginning: ₹6.74 lakh
  • Cash & cash equivalents at end: ₹5.04 lakh

Audit and Compliance Disclosures

  • Audit firm: R C Chaddha & Co LLP (FRN: 003151N)
  • Audit opinion: Unmodified (clean) opinion
  • No audit qualifications or modifications
  • Internal financial controls found adequate and operating effectively
  • No fraud reported during the year
  • No whistleblower complaints received

Statutory Dues and Contingencies

  • Outstanding income tax demands totaling ₹49.79 lakh for assessment years 1993-94 to 1998-99
  • Disputed ROC fees of approximately ₹6.35 crore relating to FY 1996-97 and 1998-99, pending in District Sessions Court, Delhi and Delhi High Court
  • No disputed statutory dues payable in respect of GST, income tax, sales tax, duty of customs, duty of excise, or value added tax
  • Pending litigations disclosed in Note 20(9)(a) to financial statements

Other Material Disclosures

  • Company incurred cash losses of ₹53.55 lakh in current financial year and ₹394.15 lakh in immediately preceding financial year
  • No property, plant, equipment, or inventory held
  • No loans, investments, guarantees, or securities granted during the year
  • No deposits accepted from public
  • No dividend declared or paid during the year
  • All related party transactions compliant with Companies Act, 2013
  • Adequate internal audit system in place
  • No resignation of statutory auditors during the year
  • No investor complaints pending or received during the quarter