Financial Results Approval

The Board of Directors considered, approved, and took on record the Un-Audited Financial Results for the 2nd quarter and half year ended 30th September, 2026 along with the Limited Review Report issued by Statutory Auditors of the Company.

Management Resignations

The Board took note of multiple resignations:

  • Mr. Manoj Biyani resigned as Chief Financial Officer effective November 13, 2026
  • Ms. Ritu Agarwal (DIN: 08143534) resigned as Non-Executive Independent Director
  • Mrs. Pooja Kalanouria (DIN: 09056683) resigned as Non-Executive Independent Director
  • Mrs. Meena Agarwal (DIN: 11276790) resigned as Non-Executive Independent Director
  • Ms. Manisha Khandelwal (DIN: 10299567) resigned as Non-Executive Director

Committee Re-constitution

The Board took note of re-constitution of Committees as detailed in Annexure A:

Audit Committee

  • Akshaya Suved Chavan (Chairperson, Non-Executive Independent, Woman Director)
  • Mahesh Kumar Kejriwal (Member, Non-Executive Independent Director)
  • Jitendra Kumar Goyal (Member, Executive Director)
  • Haimonti Das (Member, Non-Executive Independent, Woman Director)

Nomination & Remuneration Committee

  • Akshaya Suved Chavan (Chairperson, Non-Executive Independent, Woman Director)
  • Mahesh Kumar Kejriwal (Member, Non-Executive Independent Director)
  • Haimonti Das (Member, Non-Executive Independent, Woman Director)

Stakeholders Relationship Committee

  • Akshaya Suved Chavan (Chairperson, Non-Executive Independent, Woman Director)
  • Mahesh Kumar Kejriwal (Member, Non-Executive Independent Director)
  • Haimonti Das (Member, Non-Executive Independent, Woman Director)

Meeting Details

The meeting commenced at 7:00 p.m. and concluded at 7:25 p.m.

Financial Results Details (Rs in Lacs)

Quarter Ended September 30, 2026:

  • Revenue from Operations: ₹13.45
  • Interest Income: ₹14.00
  • Other Operating Income: (₹0.55)
  • Total Expenses: ₹6.50
  • Finance cost: ₹1.06
  • Net Loss on Fair Value Changes: ₹1.68
  • Listing fees: ₹2.13
  • Professional charges: ₹0.14
  • Office expenses: ₹0.12
  • Conveyance: ₹0.14
  • Other Expenses: ₹1.08
  • Profit before tax: ₹6.95
  • Tax Expense: (₹1.10)
  • Current Tax: (₹0.96)
  • Deferred Tax: (₹0.14)
  • Profit for the period: ₹8.05
  • Earnings Per Share (Basic & Diluted): ₹0.08

Half Year Ended September 30, 2026:

  • Revenue from Operations: ₹29.42
  • Interest Income: ₹28.28
  • Other Operating Income: ₹1.14
  • Total Expenses: ₹17.05
  • Profit before tax: ₹12.37
  • Tax Expense: ₹0.29
  • Profit for the period: ₹12.08
  • Earnings Per Share (Basic & Diluted): ₹0.12

Comparative Figures:

  • Q2 FY26 (Sep 30, 2025): Profit of ₹14.46 lacs
  • H1 FY26 (Sep 30, 2025): Profit of ₹18.16 lacs
  • FY26 (Mar 31, 2026): Loss of ₹18.81 lacs

Balance Sheet Position (as at September 30, 2026)

  • Total Assets: ₹1,087.37 lacs
  • Financial Assets: ₹1,075.94 lacs (Cash: ₹0.45 lacs, Loans: ₹683.67 lacs, Investments: ₹391.34 lacs)
  • Non-Financial Assets: ₹11.43 lacs
  • Total Liabilities and Equity: ₹1,087.37 lacs
  • Financial Liabilities: ₹88.14 lacs (Borrowings: ₹87.25 lacs)
  • Non-Financial Liabilities: ₹0.86 lacs
  • Equity: ₹998.38 lacs (Share Capital: ₹1,002.78 lacs, Other Equity: (₹4.40) lacs)

Cash Flow Statement (Half Year Ended September 30, 2026)

  • Net cash used in operating activities: (₹3.20) lacs
  • Net cash used in investing activities: ₹0.00 lacs
  • Net cash used in financing activities: (₹0.21) lacs
  • Net decrease in cash: (₹3.41) lacs
  • Closing cash balance: ₹0.45 lacs

Auditor Review

Surajit Roy and Associates, Chartered Accountants (Firm Registration No. 3260995) conducted a limited review of the financial results and concluded that nothing has come to their attention that causes them to believe the statement contains any material misstatement.

Additional Information

The financial results were prepared in accordance with Indian Accounting Standards (Ind AS). The company's primary business segments are Investments and Finance. The figures for the quarter represent the balance between unaudited financials for the quarter ended June 30, 2026 and unaudited year-to-date figures up to September 30, 2026.