Documents Submitted

The submission includes:

1. Approved Audited Financial Results for the quarter and year ended 31st March 2026.

2. Approved Audit Report from M/s Rajesh H. Gupta & Co., Chartered Accountants, the company's statutory auditors.

3. A declaration of an unmodified audit opinion.

Key Financial Results (Standalone, in ₹ lakhs except share data)

Profit & Loss Statement:

  • Revenue from Operations: FY26: ₹0.11; FY25: ₹20.18
  • Total Expenses: FY26: ₹23.17; FY25: ₹65.94
  • Breakdown includes Operating & other expense (₹18.49), Communication Expense (₹0.16), Depreciation Expense (₹1.27), Listing Fees (₹3.25)
  • Net Loss before tax: FY26: (₹23.06); FY25: (₹45.76)
  • Net Loss after tax: FY26: (₹23.06); FY25: (₹45.76)
  • Paid-up equity share capital: ₹140.00 (Face value ₹10 per share)
  • Reserves (excluding Revaluation Reserves): FY26: (₹41.91); FY25: (₹18.85)
  • Earnings Per Share (Basic & Diluted): FY26: (₹1.65); FY25: (₹3.27)

Cash Flow Statement (Year Ended 31st March):

  • Net Cash from Operating Activities: FY26: ₹1.23 lakh; FY25: (₹2.37 lakh)
  • Net Cash from Investing Activities: FY26: ₹0; FY25: ₹0
  • Net Cash from Financing Activities: FY26: (₹1,144); FY25: (₹965)
  • Net change in Cash: FY26: ₹1.22 lakh; FY25: (₹2.38 lakh)
  • Cash and cash equivalents at period end: FY26: ₹2.17 lakh; FY25: ₹0.95 lakh

Balance Sheet (Standalone, as of 31st March, in ₹ lakhs):

  • Total Assets: FY26: ₹124.15; FY25: ₹865.03
  • Non-Current Assets: FY26: ₹121.98; FY25: ₹864.08
  • Includes Tangible Fixed Assets: FY26: ₹0.34; FY25: ₹3.39
  • Other non-current assets: FY26: ₹121.64; FY25: ₹860.69
  • Current Assets (Cash): FY26: ₹2.17; FY25: ₹0.95
  • Total Equity and Liabilities: FY26: ₹124.15; FY25: ₹865.03
  • Equity: ₹140.00 (unchanged)
  • Reserves and Surplus: FY26: (₹41.91); FY25: (₹18.85)
  • Non-Current Liabilities: FY26: ₹23.20; FY25: ₹742.37
  • Long-term Borrowings: FY26: ₹23.20; FY25: ₹742.05
  • Current Liabilities: FY26: ₹2.86; FY25: ₹1.51

Auditor's Report and Qualifications

The statutory auditor, M/s Rajesh H. Gupta & Co., issued an audit report with an unmodified opinion. However, the report contains significant qualifications:

1. Sales Tax Liability: The company has reflected a borrowing in Note 8, but the auditor states it is actually a sales tax liability amounting to ₹23.20 lakh, outstanding for over 15 years. Due to a lack of sufficient appropriate audit evidence, the auditor is unable to determine if adjustments are required for the existence and completeness of this balance.

2. Investment Valuation: As per Ind AS 109, certain investments are carried at historical cost/book value without appropriate fair valuation. The auditor is unable to determine the impact of this non-compliance due to a lack of adequate valuation and supporting documentation.

3. Amalgamation: The auditor further states that the company is in the process of amalgamation with Shivam Edible Oils Limited.

Additional Notes from Financials

  • The company has no reportable segments as per IND AS 108.
  • Promoter holding is 6,86,337 shares (49.02% of total capital), 100% of which is non-encumbered.
  • The financial results were approved by the Board of Directors at a meeting held on 27th May 2026.

Declaration

A separate declaration was submitted to BSE confirming that the statutory auditors have issued an audit report with an unmodified opinion on the audited standalone financial results, as required by Regulation 33(3)(d) of SEBI LODR.