Key Board Approvals and Outcomes:

1. Director's Report and Secretarial Audit: The Board approved the Director's Report for the year ended March 31, 2026, and adopted the Secretarial Audit Report pursuant to Section 204(1) of the Companies Act, 2013 and Rule 9 of the Companies (Appointment & Remuneration Personnel) Rules, 2014 for the same period.

2. 47th Annual General Meeting (AGM): The Board convened the 47th AGM of shareholders to be held at 11:30 AM (IST) on August 28, 2026, through Video Conferencing (VC). The draft notice of the AGM was approved.

3. Closure of Register of Members: The Register of Members & Share Transfer Books will remain closed from August 22, 2026, to August 28, 2026 (both days inclusive) for the purpose of the AGM.

4. Appointment of Scrutinizer: Mrs. Rupal Patel, Practicing Company Secretary, was appointed as the Scrutinizer for Remote E-voting and voting at the AGM.

5. Financial Results: The Board considered and approved the Standalone Unaudited Financial Results of the Company for the quarter ended June 30, 2026, along with the Auditors' Limited Review Report, in accordance with Regulation 33 of the SEBI Listing Regulations.

6. Appointment of Managing Director: The Board approved the appointment of Mr. Ayush Tated as the Managing Director (MD) of the Company, including the terms, conditions, and remuneration of such appointment, subject to the approval of the shareholders.

7. Other Business: The Board reviewed other businesses of the company.

Standalone Unaudited Financial Results for Quarter Ended June 30, 2026:

The financial results, prepared in accordance with Ind AS 34 and reviewed by the audit committee, are as follows (Amounts in ₹ Lakhs):

  • Revenue from Operations: ₹0.00
  • Other Income: ₹0.00
  • Total Revenue: ₹0.00
  • Total Expenses: ₹4.85
  • Employee benefits expense: ₹0.80
  • Other expenses: ₹4.05
  • Loss Before Tax: (₹4.85)
  • Tax Expense: ₹0.00 (No provision for current or deferred tax)
  • Net Loss for the Period: (₹4.85)
  • Total Comprehensive Loss for the Period: (₹4.85)
  • Paid-up Equity Share Capital (Face value ₹10/- each): ₹307.32 Lakhs
  • Earnings Per Share (EPS):
  • Basic: (₹0.16)
  • Diluted: (₹0.16)

Comparative Figures (₹ Lakhs):

The results for the previous periods were provided for context:

  • Quarter Ended June 30, 2025: Net Loss of (₹5.90); EPS of (₹0.05)
  • Year Ended March 31, 2026: Net Loss of (₹30.21); EPS of (₹2.81)

Notes to the Financial Results:

1. The results were reviewed by the Audit Committee and approved by the Board on August 01, 2026.

2. Prepared in accordance with Ind AS 34 and the Companies Act, 2013.

3. Available on the company's website and the BSE website.

4. Seasonality Note: The company states that due to the seasonality of its business, the Q1 results are not indicative of the full year's performance.

5. The company operates in a single segment.

6. Previous period figures have been regrouped/rearranged for comparability.

7. The disclosure is made in compliance with SEBI LODR Regulations, 2015.

Auditor's Review Report:

P H Shah & Co., Chartered Accountants (Firm Regn. No. 115464W), represented by Partner Niral Shah (M.No. 157443), issued an independent review report on the unaudited financial results. The review was conducted pursuant to Regulation 33 of SEBI LODR and Standard on Review Engagements (SRE) 2410. The auditor's conclusion states: "Based on our review... nothing has come to our attention that causes us to believe that the accompanying Statement... has not disclosed the information required... or that it contains any material misstatement."

The report is signed by Ayush Tated, Managing Director (DIN: 11461830), on behalf of the Board of Directors.