Document Metadata

Key Quantitative Figures

Quarter Ended September 2026 (Unaudited):

  • Revenue From Operations: ₹13.25 lakh
  • Total Income: ₹13.25 lakh
  • Employee Benefits Expense: ₹4.01 lakh
  • Finance Costs: ₹9.75 lakh
  • Depreciation and Amortization Expense: ₹58.44 lakh
  • Other Expenses: ₹2.45 lakh
  • Total Expenses: ₹74.65 lakh
  • Loss Before Exceptional Items and Tax: ₹(61.40) lakh
  • Exceptional Items: ₹(130.32) lakh
  • Loss Before Tax: ₹(191.72) lakh
  • Net Loss for the Quarter: ₹(191.72) lakh
  • Earnings Per Share (Basic & Diluted): ₹(0.47)
  • Paid-up Equity Share Capital: ₹4,106.28 lakh (Face value ₹10 each)

Half Year Ended September 2026 (Unaudited):

  • Revenue From Operations: ₹26.90 lakh
  • Total Income: ₹26.90 lakh
  • Employee Benefits Expense: ₹8.16 lakh
  • Finance Costs: ₹19.87 lakh
  • Depreciation and Amortization Expense: ₹116.88 lakh
  • Other Expenses: ₹5.15 lakh
  • Total Expenses: ₹150.06 lakh
  • Loss Before Exceptional Items and Tax: ₹(123.16) lakh
  • Exceptional Items: ₹(130.32) lakh
  • Loss Before Tax: ₹(253.48) lakh
  • Net Loss for Half Year: ₹(253.48) lakh
  • Earnings Per Share (Basic & Diluted): ₹(0.62)

Comparative Figures (Quarter Ended):

  • September 2025: Revenue ₹14.05 lakh, Net Loss ₹(62.45) lakh
  • June 2026: Revenue ₹13.65 lakh, Net Loss ₹(61.76) lakh

Balance Sheet as of 30 September 2026:

  • Total Assets: ₹5,597.29 lakh
  • Non-Current Assets: ₹1,109.70 lakh (including Property, Plant & Equipment ₹5.49 lakh, Intangible Assets ₹293.47 lakh, Investments ₹1.56 lakh, Other Financial Assets ₹761.58 lakh, Deferred Tax Assets ₹47.59 lakh)
  • Current Assets: ₹4,487.59 lakh (including Inventories ₹1,363.56 lakh, Trade Receivables ₹2,311.54 lakh, Cash & Cash Equivalents ₹0.24 lakh, Loans ₹796.30 lakh, Other Current Assets ₹15.96 lakh)
  • Total Equity: ₹2,958.55 lakh (Equity Share Capital ₹4,106.28 lakh, Other Equity ₹(1,147.73) lakh)
  • Non-Current Liabilities: ₹708.18 lakh (Borrowings ₹664.39 lakh, Lease Liability ₹1.50 lakh, Provisions ₹42.29 lakh)
  • Current Liabilities: ₹1,930.54 lakh (Borrowings ₹987.91 lakh, Trade Payables ₹538.83 lakh, Other Financial Liabilities ₹403.80 lakh)

Cash Flow for Half Year Ended September 2026:

  • Net Cash from Operating Activities: ₹39.01 lakh
  • Net Cash Used in Financing Activities: ₹(39.55) lakh
  • Net Decrease in Cash: ₹(0.54) lakh
  • Cash at Beginning: ₹0.78 lakh
  • Cash at End: ₹0.23 lakh

Dates of Action

  • Board Meeting: 12 November 2026 (4:00 PM to 4:30 PM)
  • Document Submission to Exchanges: 13 November 2026
  • Period Covered: Quarter and Half Year ended 30 September 2026

Parties Involved

  • Stock Exchanges: BSE Limited, National Stock Exchange of India Limited
  • Statutory Auditors: Nahar V & Company (Firm Registration Number: 010443C)
  • Signatories: Yogesh Kumar (Director, DIN: 10266903), Ashish Ramesh Mahendrakar (Director, DIN: 03584695)
  • Auditor Partner: Vishal Nahar (FCA, Membership No. 400217)

Audit Qualifications and Limitations

The statutory auditors issued a limited review report with multiple emphasis of matters:

1. Company website was not updated as of review date, preventing verification of statutory disclosure compliance

2. GST returns, reconciliation statements, and supporting records were not made available for verification

3. Inventory disclosed was not found to exist during physical verification, indicating possible prior period overstatement (impact not quantified)

4. Deferred Tax Assets not recognized on carried forward losses due to uncertainty of future taxable profits

5. Provident Fund and ESIC challans, returns, and reconciliation statements were not produced for verification

6. Statutory dues outstanding as per opening balances remain unpaid as of 30 September 2026

7. Provision for gratuity not recognized in financial statements (non-compliance with Ind AS 19)

8. No actuarial valuation obtained for gratuity liability

9. Current maturities of long-term borrowings not disclosed due to non-availability of repayment schedules

10. Trade receivables and trade payables subject to confirmation only from management

11. Expected Credit Loss provision not made (non-compliance with Ind AS 109)

Board Approval for Trading Suspension Revocation

The Board considered and approved making necessary applications to BSE and other regulatory authorities for revocation of suspension of trading of the company's equity shares. The Board authorized the company to complete and regularize all pending compliances required for obtaining revocation.

Additional Information

  • Previous periods' figures have been regrouped and rearranged for comparability
  • Opening balances based on previous audit report figures, not independently verified