Board Meeting Details

The Board of Directors meeting was held on Thursday, August 13, 2026, at 4:00 PM in hybrid mode at the company's registered office. The meeting commenced at 4:00 PM and concluded at 5:30 PM.

Key Matters Approved by the Board

1. Financial Results

  • The Board considered and approved the Unaudited Financial Results of the Company for the quarter and three months ended June 30, 2026.
  • The results were accompanied by a Limited Review Report (LRR) from the statutory auditors, Lipika and Associates (FRN: 145364W).

2. Annual General Meeting (AGM)

  • Approved the Notice of the 46th Annual General Meeting (AGM).
  • The AGM was originally scheduled for Friday, September 25, 2026, at 2:00 PM.
  • It has been rescheduled to Wednesday, September 30, 2026, at 2:00 PM.
  • The meeting will be held through Video Conferencing and Other Audio-Visual Means (OAVM) mode.

3. Record Date and Book Closure

  • Pursuant to Section 91 of the Companies Act, 2013, and SEBI LODR Regulations 42.
  • The Register of Beneficial Owners / Register of Members and Share Transfer Books will remain closed from Thursday, September 24, 2026, to Wednesday, September 30, 2026 (both days inclusive).
  • Wednesday, September 23, 2026, is fixed as the "Cut-off Date" for determining members eligible to vote and attend the AGM.

4. E-Voting Facility

  • Decided to provide e-voting facility for the 46th AGM.
  • Appointed RTA Bigshare Services Private Limited to provide remote e-voting and voting at the AGM facility.
  • Appointed VC Facility from Purva Sharegistry (India) Private Limited for the AGM.
  • Appointed CS Amarendra Mohapatra (Membership No. ACS 26257, CP No. 14901) from M/s Amarendra Mohapatra & Associates as the Scrutinizer to scrutinize the e-voting process.

5. Reports and Documentation

  • Approved the Board's Report with Annexure, Management Discussion and Analysis, and Corporate Governance Report for the financial year 2025-26.

6. Reconstitution of Board Committees

The Board approved the reconstitution of the following committees as per SEBI LODR Regulations, 2015:

Audit Committee

| Sr. No. | Name of Director | Designation | Chairperson/Member |

| 1 | Mrs. Sanghamitra Sarangi | Non-Executive Independent Director | Chairperson |

| 2 | Mr. Nitin Arvind Oza | Non-Executive Independent Director | Member |

| 3 | Mrs. Sejal Dattaram Yerapale | Non-Executive Independent Director | Member |

Stakeholders Relationship Committee

| Sr. No. | Name of Director | Designation | Chairperson/Member |

| 1 | Mr. Nitin Arvind Oza | Non-Executive Independent Director | Chairperson |

| 2 | Mrs. Sejal Dattaram Yerapale | Non-Executive Independent Director | Member |

| 3 | Mrs. Sumita Mishra | Non-Executive Non-Independent Director | Member |

| 4 | Mr. Manas Ranjan Palo | Managing Director & CFO | Member |

Risk Management Committee

| Sr. No. | Name of Director | Designation | Chairperson/Member |

| 1 | Mr. Manas Ranjan Palo | Managing Director & CFO | Chairperson |

| 2 | Mr. Ramesh Chandra Mishra | Non-Executive Non-Independent Director | Member |

| 3 | Mrs. Sumita Mishra | Non-Executive Non-Independent Director | Member |

| 4 | Mrs. Sanghamitra Sarangi | Non-Executive Independent Director | Member |

| 5 | Mrs. Sejal Dattaram Yerapale | Non-Executive Independent Director | Member |

Corporate Social Responsibility (CSR) Committee

| Sr. No. | Name of Director | Designation | Chairperson/Member |

| 1 | Mr. Nitin Arvind Oza | Non-Executive Independent Director | Chairperson |

| 2 | Mrs. Sanghamitra Sarangi | Non-Executive Independent Director | Member |

| 3 | Mrs. Sejal Dattaram Yerapale | Non-Executive Independent Director | Member |

| 4 | Mr. Manas Ranjan Palo | Managing Director & CFO | Member |

Sustainability Committee

| Sr. No. | Name of Director | Designation | Chairperson/Member |

| 1 | Mr. Manas Ranjan Palo | Managing Director & CFO | Chairperson |

| 2 | Mr. Ramesh Chandra Mishra | Non-Executive Non-Independent Director | Member |

| 3 | Mrs. Sanghamitra Sarangi | Non-Executive Independent Director | Member |

| 4 | Mrs. Sejal Dattaram Yerapale | Non-Executive Independent Director | Member |

Unaudited Financial Results for Quarter Ended June 30, 2026 (₹ in Lakhs)

The financial results are prepared in accordance with Ind AS 34 and have been reviewed by the auditors.

Key Financials

  • Net Loss for the Quarter: ₹2.10 Lakh
  • Earnings Per Share (EPS): -₹0.21 (Basic and Diluted)

Notes to Financial Results

1. Previous year/period figures have been regrouped/reclassified wherever necessary.

2. The results were reviewed by the Audit Committee and approved by the Board on August 13, 2026. They are prepared in accordance with Indian Accounting Standards (Ind AS).

3. The company operates in only one segment, making Ind AS-108 "Operating Segment" not applicable.

4. No provision for tax has been made as the company incurred losses in the current period.

Investor Complaints

  • Pending at the beginning of the quarter: NIL
  • Received during the quarter: NIL
  • Disposed of during the quarter: NIL
  • Remaining unresolved at the end of the quarter: NIL

Auditor's Limited Review Report

  • The review was conducted by Lipika and Associates, Chartered Accountants (FRN: 145364W).
  • The review was performed under Standard on Review Engagements (SRE) 2410.
  • Based on their review, nothing has come to their attention that causes them to believe the financial results contain any material misstatement.
  • The report was signed by Partner Jayesh R. Shah (M. No. 173963) and dated August 13, 2026.