Key Quantitative Figures

  • Revenue from operations (Gross): ₹7.70 lakhs (FY25: ₹0.50 lakhs)
  • Other Income: ₹27.06 lakhs (FY25: ₹14.63 lakhs)
  • Total Income: ₹34.76 lakhs (FY25: ₹15.13 lakhs)
  • Net Profit: ₹5.90 lakhs (FY25: Net Loss of ₹10.48 lakhs)
  • Paid-up Share Capital: ₹708.42 lakhs (70,87,943 equity shares of ₹10 each)
  • Current Assets: ₹394.31 lakhs (FY25: ₹458.40 lakhs)
  • Current Liabilities: ₹202.93 lakhs (FY25: ₹272.92 lakhs)
  • Cash and Bank Balances: ₹22.08 lakhs (FY25: ₹5.97 lakhs)
  • Unsecured Loans: Nil (FY25: ₹8.31 lakhs)
  • Deferred Tax Assets: ₹51.62 lakhs recognized during FY26

Dates of Action

  • AGM Date: Wednesday, 30th September 2026 at 9:30 AM
  • Book Closure: 25th September 2026 to 29th September 2026 (both days inclusive)
  • Record Date for AGM: 23rd September 2026
  • Financial Year Ended: 31st March 2026
  • Document Submission Date: 1st September 2026
  • Managing Director Re-appointment Effective: 9th November 2026 to 8th November 2031

Parties Involved

  • Stock Exchange: BSE Limited
  • Statutory Auditors: R. Sharma & Associates, Chartered Accountants
  • Secretarial Auditor: Vinod Goyal & Associates, Company Secretaries
  • Registrar & Transfer Agent: MCS Share Transfer Agents Limited
  • Key Managerial Personnel: Mr. Satish K Kaura (Chairman & Managing Director), Mr. Anurag Manhas (CFO), Ms. Divya Mittal (Company Secretary)

Financial and Operational Impact

  • Manufacturing activities closed since 2003-04 due to technology obsolescence
  • Company exploring business opportunities in electronic displays for Railways sector
  • Equity shares re-listed on BSE effective 24th December 2025 after compliance with all requirements
  • No dividend recommended for FY 2025-26
  • Company has adequate internal financial controls as per auditor's report

Capital Structure Impact

  • No change in share capital during the year
  • Paid-up capital remains at ₹708.42 lakhs consisting of 70,87,943 equity shares of ₹10 each
  • 7,409 equity shares are partly paid-up (₹5 paid per share)
  • Promoter & promoter group holding: 44.11% of total share capital

Corporate Governance

  • Board comprises 4 directors (2 independent, 2 non-executive)
  • 4 Board meetings and 4 Audit Committee meetings held during FY25-26
  • All directors attended all meetings; no sitting fees paid
  • Whistle Blower Policy and Vigil Mechanism implemented
  • Company complied with corporate governance requirements as per SEBI LODR

Auditor Reports

  • Statutory Auditors: R. Sharma & Associates issued unqualified audit report
  • Secretarial Auditor: Vinod Goyal & Associates issued unqualified secretarial audit report
  • Key audit matters included going concern basis, re-listing of shares, and recognition of bad debts recovered

Management Commentary

  • FY2025-26 was a difficult year with severe liquidity crunch
  • Company exploring opportunities in electronic displays for Transport Sector including Railways
  • Revival plan could not be fully implemented due to financial constraints
  • Market analysis indicates growing trend in trading of electronic goods

Additional Information