Shashank Traders Q1 Net Loss ₹21.36 Lakh

1. Unaudited Financial Results for Q1 FY2027

The Board approved and took on record the Unaudited Standalone Financial Results of the Company for the quarter ended June 30, 2026.
The Statutory Auditors, M/s. G K Tulsyan & Co., Chartered Accountants (Firm Registration No. 323246E), issued an Unmodified Limited Review Report on these results.
The financial results were reviewed by the Audit Committee prior to Board approval.
Key Financial Figures (₹ in Lakhs, unless stated otherwise):
Total Income: ₹0.00 (Q1 FY2027), ₹41.97 (Q1 FY2026), ₹0.00 (Q4 FY2026)
Total Expenses: ₹21.36 (Q1 FY2027), ₹54.68 (Q1 FY2026), ₹1.95 (Q4 FY2026)
Breakdown of Expenses:
Employee Benefits Expenses: ₹0.57 (Q1 FY2027), ₹5.38 (Q1 FY2026), ₹0.78 (Q4 FY2026)
Finance Costs: ₹0.02 (Q1 FY2027), ₹0.00 (Q1 FY2026), ₹0.00 (Q4 FY2026)
Depreciation and Amortisation: ₹0.00 (Q1 FY2027), ₹0.17 (Q1 FY2026), ₹0.12 (Q4 FY2026)
Other Expenses: ₹15.47 (Q1 FY2027), ₹53.89 (Q1 FY2026), ₹1.95 (Q4 FY2026)
Profit/(Loss) Before Tax: ₹(21.36) (Q1 FY2027), ₹(12.71) (Q1 FY2026), ₹(1.95) (Q4 FY2026)
Tax Expense/(Credit): ₹0.00 (Q1 FY2027), ₹3.36 (Q1 FY2026), ₹0.00 (Q4 FY2026)
Profit/(Loss) for the Period: ₹(21.36) (Q1 FY2027), ₹(16.07) (Q1 FY2026), ₹(1.95) (Q4 FY2026)
Paid-up Equity Share Capital: ₹309.38 Lakh (Face value of ₹10/- each)
Reserves (excluding Revaluation Reserve): ₹(136.36) (Q1 FY2027), ₹(115.00) (Q1 FY2026), ₹(91.30) (Q4 FY2026)
Earnings Per Share (EPS) (₹):
Basic EPS: (₹0.69) (Q1 FY2027), (₹0.52) (Q1 FY2026), (₹0.06) (Q4 FY2026)
Diluted EPS: (₹0.69) (Q1 FY2027), (₹0.52) (Q1 FY2026), (₹0.06) (Q4 FY2026)
Management Commentary: The disclosure states that during the quarter, management changed with new control acquiring 62.72% of the company's shares. There was no business revenue for a long time, and the new management is exploring new businesses.
Accounting Standards: The results have been prepared in accordance with Indian Accounting Standards (Ind AS). The format complies with SEBI Circular CIR/CFD/CMD/15/2015 dated November 30, 2015, as modified by subsequent circulars including July 5, 2016, and requirements of Ind AS and Schedule III to the Companies Act, 2013.
Auditor's Emphasis of Matter: The Statutory Auditors included an Emphasis of Matter paragraph highlighting:
(i) The cost of investment in unlisted equity shares is recorded at acquisition cost, and fair value as required by Ind AS 109 was not determined.
(ii) Debit and credit balances of assets and liabilities are subject to confirmations from parties.
(iii) Dormant bank account balances are subject to confirmation from banks.

The auditors' opinion is not modified in respect of these matters.

2. Preferential Allotment of Equity Shares

The Board approved the issuance of 75,000 equity shares of face value ₹10/- each on a preferential basis.
Issue Price: ₹34.10 per share, including a premium of ₹24.10 per share.
Total Issue Size: ₹25,57,500 (Rupees Twenty-Five Lakh Fifty-Seven Thousand Five Hundred Only).
Allottee: The shares are to be issued to Eureka Stock & Share Broking Services Ltd, which belongs to the 'Public' category.
Post-allotment Holding: The allottee will hold 75,000 equity shares, representing a 2.37% post-allotment holding.
Basis of Issue Price: The price of ₹34.10 per share was computed as per Regulation 164(1) of the SEBI (ICDR) Regulations, based on a valuation report dated July 30, 2026, from M/s. ValuGenius Advisors LLP, a Registered Valuer (IBBI/RV).
The issuance is subject to approval by shareholders at the ensuing Annual General Meeting (AGM) and is in accordance with the Companies Act, 2013, and SEBI (ICDR) Regulations.

3. Convening of Annual General Meeting (AGM)

The Board approved convening an AGM through Video Conferencing (VC)/Other Audio Visual Means (OAVM) to seek shareholder approval for the preferential issue.
AGM Date: Monday, September 7, 2026, at 01:00 P.M.
Cut-off date for E-Voting: September 1, 2026.
Appointments for AGM:
Mr. Sudhansu Sekhar Panigrahi, ACS, Practicing Company Secretary, appointed as Scrutinizer for the e-voting process.
M/s. MAS Services Limited, the R&T Agent of the Company, appointed to manage e-voting and allied services.
National Securities Depository Limited (NSDL) appointed as the authorized agency for providing electronic voting facilities.
The notice of the AGM will be dispatched to members and submitted to the stock exchanges. It will also be hosted on the company's website at https://shashankinfo.in/.

4. Other Disclosures

The unaudited financial results and the limited review report are being uploaded on the website of the Company and BSE Limited as per Regulation 33 of SEBI (LODR) Regulations, 2015.
The financial results are also available on the company's website at https://shashankinfo.in/.
Previous year/period figures have been regrouped/rearranged wherever necessary to make them comparable.