Financial Performance Highlights

FY 2025-26 Financial Results (₹ in Lakhs):

  • Revenue from Operations: ₹1,073.19 (FY 2024-25: ₹868.89)
  • Other Income: ₹0.01 (FY 2024-25: ₹0)
  • Total Income: ₹1,073.20 (FY 2024-25: ₹868.89)
  • Operating Expenditure before Finance Cost, Depreciation and Amortization: ₹1,070.37 (FY 2024-25: ₹930.61)
  • Earnings before Finance Cost, Depreciation and Amortization: ₹12.92 (FY 2024-25: ₹(61.72))
  • Finance Cost: ₹10.09 (FY 2024-25: ₹0.00)
  • Profit/(Loss) before Tax: ₹2.83 (FY 2024-25: ₹(44.30))
  • Tax Expense: ₹0.75 (FY 2024-25: ₹(17.42))
  • Profit/(Loss) after Tax: ₹2.08 (FY 2024-25: ₹(44.30))

Key Balance Sheet Items as at March 31, 2026 (₹ in Lakhs):

  • Property, Plant and Equipment: ₹30.05 (Previous year: ₹0.04)
  • Inventories (Shares at trade): ₹100.38 (Previous year: ₹96.54)
  • Trade Receivables: ₹0.15 (Previous year: ₹9.25)
  • Cash and Cash Equivalents: ₹4.93 (Previous year: ₹6.75)
  • Borrowings: ₹247.50 (Previous year: ₹0)
  • Trade Payables: ₹0.91 (Previous year: ₹5.17)
  • Equity Share Capital: ₹655.37 (Unchanged from previous year)
  • Retained Earnings: ₹(739.63) (Previous year: ₹(741.72))

Annual General Meeting Details

  • 34th Annual General Meeting to be held on Thursday, September 17, 2026 at 11:30 AM IST
  • Venue: 401- Starlit Tower, 29 - Y.N. Road, Indore - 452003, Madhya Pradesh, India
  • Register of members will remain closed from September 11, 2026 to September 17, 2026 (both days inclusive)
  • Cut-off date for voting eligibility: September 10, 2026

Resolutions Proposed

Ordinary Businesses:

1. Adoption of audited financial statements for FY 2025-26 and reports of Board of Directors and Auditors

2. Re-appointment of Ms. Papita Nandi (DIN: 09613512) as Non-Executive Director retiring by rotation

Special Businesses:

3. Re-appointment of Ms. Manisha Sudip Bhattacharya (DIN: 09630474) as Wholetime Director for 5 years w.e.f. August 11, 2026 with basic salary up to ₹60,000 per year

4. Enhancement of borrowing limits under section 180(1)(c) of Companies Act, 2013 to not exceed aggregate of paid-up capital, free reserves and securities premium by more than ₹100 crores

5. Approval for mortgage, sell, lease or dispose of assets under section 180(1)(a) of Companies Act, 2013 for loans not exceeding ₹100 crores

6. Empowerment of board to make loans/investments and give guarantees under Section 186 of Companies Act, 2013 for amounts not exceeding ₹100 crores

Director Details

Board Composition:

  • Ms. Manisha Sudip Bhattacharya: Whole-Time Director (DIN: 09630474)
  • Ms. Ruchismita Patel: Independent Director (DIN: Not provided)
  • Ms. Arti Gour: Independent Director (DIN: Not provided)
  • Ms. Papita Nandi: Non-Executive Director (DIN: 09613512)

Key Managerial Personnel:

  • Mr. Ripu Sudhan Shukla: Chief Financial Officer
  • Ms. Komal Madhyani: Company Secretary and Compliance Officer (appointed w.e.f July 01, 2026)

Auditor Appointments

  • Statutory Auditors: SCAN & Co., Chartered Accountants (FRN: 113954W)
  • Secretarial Auditors: ALAP & CO. LLP, Company Secretaries

Corporate Actions

  • No dividend recommended for FY 2025-26
  • No change in share capital during the year
  • Authorized Share Capital: ₹10,00,00,000 divided into 1,00,00,000 equity shares of ₹10 each
  • Issued, Subscribed & Paid-up Capital: ₹6,55,37,000 divided into 65,53,700 equity shares of ₹10 each

Related Party Transactions

  • Loans from directors: ₹247.50 lakhs
  • Transactions with Geniusbulls Investment Limited: ₹223.00 lakhs
  • Director sitting fees and professional fees disclosed

Compliance Status

Secretarial Audit Observations:

1. Internal Auditor not appointed from April 1, 2025 to February 10, 2026 (appointed w.e.f February 10, 2026)

2. Entire promoter shareholding not in dematerialized form until December 31, 2025 (compliant by March 31, 2026)

3. Delay in capturing some UPSI entries in SDD Software

Statutory Auditor Emphasis:

  • Company has taken loans from directors amounting to ₹2.47 crore
  • Directors declared amounts advanced from owned funds for operational requirements

Voting Arrangements

  • Remote e-voting period: September 14, 2026 (9:00 AM) to September 16, 2026 (5:00 PM)
  • e-Voting service provider: National Securities Depository Limited (NSDL)
  • Scrutinizer: M/s. ALAP & Co. LLP, Practicing Company Secretaries

Important Dates

  • Date of Board approval of accounts: May 27, 2026
  • Date of Notice: August 12, 2026
  • Date of filing with exchange: August 25, 2026