Board Meeting Details

The Board Meeting commenced at 4:00 p.m. and concluded at 4:30 p.m. on Tuesday, 11th August, 2026.

Auditor's Limited Review Report

Statutory auditors FORD GMS & Co. (Chartered Accountants) issued a qualified conclusion on the financial results. The review was conducted in accordance with Standard on Review Engagement (SRE) 2410 issued by the Institute of Chartered Accountants of India.

Basis for Qualified Conclusion

The auditors highlighted:

  • Erosion in the Net Worth of the Company
  • Material uncertainty exists that may cast significant doubt on the Company's ability to continue as a going concern
  • The Company failed to adequately disclose this material uncertainty as required by Ind AS 1
  • Net loss of ₹1,119.22 Thousands for the quarter ended June 30, 2026
  • Negative Net Worth of ₹1,291.71 Thousands as at June 30, 2026

Financial Results Highlights (Quarter Ended June 30, 2026)

Income Statement
  • Total Income: ₹0 (compared to ₹990.87 Thousands in Q1 FY26)
  • Total Expenses: ₹1,119.22 Thousands
  • Employee Benefit Expenses: ₹660.00
  • Other Expenses: ₹459.22
  • Net Loss for the quarter: ₹1,119.22 Thousands (compared to net profit of ₹136.27 Thousands in Q1 FY26)
Balance Sheet Position
  • Paid-up Equity Share Capital: ₹57,497.00 (Face Value ₹10 per share)
  • Negative Net Worth: ₹1,291.71 Thousands as at June 30, 2026
Earnings Per Share
  • Basic EPS: -₹0.19
  • Diluted EPS: -₹0.19

Comparative Performance

| Metric | Q1 FY27 (Unaudited) | Q4 FY26 (Audited) | Q1 FY26 (Unaudited) | FY26 (Audited) |

| Total Income | ₹0 | ₹0 | ₹990.87 | ₹990.87 |

| Total Expenses | ₹1,119.22 | ₹709.25 | ₹854.60 | ₹4,152.13 |

| Net Profit/(Loss) | -₹1,119.22 | -₹709.25 | ₹136.27 | -₹3,161.26 |

| Basic EPS | -₹0.19 | -₹0.12 | ₹0.02 | -₹0.55 |

Additional Notes from Financial Statements

1. The company is engaged in only single business segment

2. No separate reportable segments

3. The company has no subsidiary, associate, or joint venture entity

4. Previous period figures have been regrouped/rearranged to correspond with current period/year classification/disclosures

Company Addresses

  • Corporate & Administrative Office: 502, Orchid Plaza, Natakwala Lane, Behind Gokul Shopping Centre, Near Platform No.-8, Borivali (W), Mumbai -400092