Pankaj Polymers Q2 Revenue Surges to ₹3,876 Lakh

Revenue from operations: ₹3,876.34 lakh (Unaudited)
Other income: ₹43.24 lakh (Unaudited)
Total Income: ₹3,919.58 lakh (Unaudited)
Purchases of stock-in-trade: ₹3,865.76 lakh
Employee benefits expense: ₹32.24 lakh
Other expenses: ₹17.85 lakh
Profit before tax: ₹3.73 lakh
Tax expense: Current tax (₹6.65) lakh, Income tax pertaining to earlier years (₹0.15) lakh
Profit for the period: ₹10.52 lakh
Earnings per share (Basic & Diluted): ₹0.19

Total Assets: ₹1,422.14 lakh
Non-current assets: ₹1,256.81 lakh (primarily other non-current financial assets ₹1,253.12 lakh)
Current assets: ₹165.33 lakh (including trade receivables ₹33.42 lakh, cash ₹17.19 lakh)
Equity share capital: ₹554.39 lakh (face value ₹10 each)
Other equity: ₹806.20 lakh
Total Equity: ₹1,360.59 lakh
Current liabilities: ₹61.55 lakh

Net cash from operating activities: (₹167.09) lakh
Net cash from investing activities: ₹160.32 lakh (primarily from sale of fixed assets ₹163.50 lakh)
Net cash from financing activities: ₹8.00 lakh
Net increase in cash: ₹1.23 lakh
Cash and cash equivalents (opening): ₹15.96 lakh
Cash and cash equivalents (closing): ₹17.19 lakh

Ownership Change: New promoters - Mr. Sandeep Jain, Mr. Vikas Garg, Mr. Rahul Nagar, and Mr. Himanshu Arora acquired control through share purchase and mandatory open offer in June 2026
Business Transformation: Company commenced e-gift voucher business on principal-to-principal basis following management change
Corporate Actions Approved:
Alteration of main objects clause to include payment systems, gifting, vouchers and rewards business (Form MGT-14 filed and approved)
Change of name to 'Rupiafin Technologies Limited' (BSE in-principle approval received, Form INC-24 pending)
Preferential issue of up to 8,55,000 equity shares to non-promoters and up to 22,20,000 warrants to promoter group/non-promoters at ₹81 per share/warrant
No allotment of shares or warrants as of September 30, 2026

Opted for lower tax rate under Section 115BAA from AY 2026-27 (Form 10-IC filed September 3, 2026)
MAT credit entitlement of ₹68.01 lakhs carried under current tax assets
Deferred tax asset of ₹12.01 lakhs on brought-forward business losses of ₹47.73 lakhs not recognized
No depreciation expense as company holds no property, plant and equipment

Board Meeting: Held November 6, 2026 from 4:00 PM to 4:20 PM
New Appointment: Mr. Prashant Kumar Jha as Additional Director (Non-Executive, Independent) from September 7, 2026
Resignation: Chief Financial Officer resigned June 19, 2026 (vacancy to be filled within statutory timeline)
Auditor Change: M/s. Shilpi Sharma & Co., Chartered Accountants (FRN 021442N) appointed July 24, 2026 to fill casual vacancy, confirmed for 5-year term at AGM September 30, 2026