Board Meeting Details

The Board of Directors meeting was held on 13th August 2026 through online mode, commencing at 3:00 PM and closing at 3:30 PM.

Key Board Decisions

1. Appointment of Chairman: Mr. Surbhit Shah (DIN: 01993300), Executive Director of the company, was appointed as Chairman of the Board of Directors.

2. Financial Results Approval: The Board adopted and approved the Standalone Un-Audited Financial Results for the quarter ended 30th June 2026.

3. Auditor Review: The Limited Review Reports by Statutory Auditors on Standalone Unaudited financial results for the quarter ended 30th June 2026 were approved.

Financial Performance (Quarter Ended 30 June 2026)

Income Statement (₹ in Lacs):

  • Revenue From Operations: ₹66.85 (Un-Audited)
  • Total Income: ₹66.85 (Un-Audited)

Expenses:

  • Purchases of Stock-in-Trade: ₹69.76
  • Changes in inventories: -₹4.16
  • Employee benefits expense: ₹4.40
  • Other expenses: ₹8.90
  • Total expenses: ₹78.90

Profit/Loss:

  • Profit/(loss) before tax: -₹12.05
  • Tax expenses: ₹0 (No current tax or other tax expenses)
  • Profit/(loss) after tax: -₹12.05
  • Total Comprehensive Income: -₹12.05

Earnings per equity share:

  • Basic: -₹0.20
  • Diluted: -₹0.20

Comparative Financial Performance

Quarterly Comparison (₹ in Lacs):

  • Previous Quarter (31 March 2026): Net loss of ₹6.05, Revenue ₹72.36
  • Year-Ago Quarter (30 June 2025): Net loss of ₹3.54, Revenue not reported
  • Full Year Ended 31 March 2026: Net loss of ₹25.47, Revenue ₹126.54

Accounting and Regulatory Compliance

  • Financial results prepared in accordance with Indian Accounting Standard (IND AS) 34 - Interim Financial Reporting
  • Compliance with Section 133 of Companies Act, 2013 and Regulation 33 of SEBI LODR Regulations, 2015
  • Earnings per share computed in accordance with IND AS 33
  • Previous period figures regrouped/rearranged for consistency

Audit and Review

  • Results reviewed and recommended by Audit Committee
  • Subjected to limited review by statutory auditors M/s Y M Shah & Co.
  • Auditors issued unmodified limited review report dated 13 August 2026
  • Review conducted in accordance with Standard on Review Engagements (SRE) 2014

Signatories and Authentication

  • Document signed by Surbhit Shah, Chairman and Executive Director (DIN: 01993300)
  • Digital signatures with timestamp: 15:44:34 +05'30' and 15:44:54 +05'30'
  • Company CIN: L24231GJ1988PLC011458