Board Meeting Decisions

The Board meeting commenced at 2:00 PM and concluded at 2:55 PM on August 13, 2026. Key decisions included:

  • Considered, approved and taken on record the Unaudited Financial Results (Standalone and Consolidated) for the quarter ended June 30, 2026
  • Scheduled the 34th Annual General Meeting for Friday, September 25, 2026 at 11:00 AM through VC/OAVM
  • Approved the Board's report and Notice of the 34th Annual General Meeting
  • Appointed M/s. Sudhanwa S Kalamkar & Associates Practicing Company Secretary as Scrutinizer for e-voting at the AGM

Financial Results (Standalone, Rs. in Lakhs)

Quarter Ended June 30, 2026:

  • Revenue from Operations: ₹4,225.88
  • Other Income: ₹18.26
  • Total Income: ₹4,244.10
  • Total Expenses: ₹4,182.81
  • Profit Before Exceptional Items: ₹61.33
  • Exceptional Items: None (₹0.00)
  • Profit After Exceptional Items but Before Tax: ₹61.33
  • Tax Expense: ₹11.79 (Current Tax: ₹17.74, Deferred Tax: ₹-5.95)
  • Profit for the Period: ₹29.54
  • Other Comprehensive Income: ₹19.89
  • Total Comprehensive Income: ₹69.43
  • Earnings Per Share (Basic/Diluted): ₹0.51

Comparative Figures (Quarter Ended June 30, 2025):

  • Revenue from Operations: ₹4,103.21
  • Profit for the Period: ₹17.69
  • Earnings Per Share (Basic/Diluted): ₹1.92

Comparative Figures (Quarter Ended March 31, 2026):

  • Revenue from Operations: ₹4,076.24
  • Exceptional Items: ₹-18.12
  • Profit for the Period: ₹-26.07
  • Earnings Per Share (Basic/Diluted): ₹-0.09

Capital Structure Impact

The company allotted 800,000 equity shares upon conversion of 800,000 warrants issued on a preferential basis at ₹150 per share.

  • 125,000 shares allotted to promoter category
  • 675,000 shares allotted to non-promoter category
  • 25% of warrant issue price received upfront on or before November 9, 2024
  • Balance 75% received on or before May 6, 2026
  • Paid-up share capital increased to ₹9,99,26,000 consisting of 99,92,600 equity shares of ₹10 each
  • Funds used for capital expansion and general corporate purposes

Exceptional Items

The company recognized an incremental provision of ₹18.12 lakhs for the quarter ended March 31, 2026 (₹55.51 lakhs for full year 2025-26) towards the impact of new Labour Codes, 2020. This was classified as an exceptional item due to its regulatory-driven, non-recurring nature.

Auditor's Review

Shah Mehta & Bakshi, Chartered Accountants (Firm Registration No: 103824W), issued an independent review report stating that nothing has come to their attention that causes them to believe the statement contains any material misstatement. The review was conducted in accordance with SRE 2410.