Key Matters Approved and Discussed

The Board of Directors meeting, which commenced at 05:00 P.M. and concluded at 06:30 P.M., approved the following:

1. Approval of the Un-Audited Financial results for the half year ended September 30, 2026.

2. The Board discussed the proposal for the issuance of convertible warrants on a preferential basis but deferred a final decision to its next meeting.

3. Review of other business activities.

Financial Results for Half Year Ended September 30, 2026 (₹ in Lakhs)

The company reported a significant turnaround in performance compared to the same period in the previous financial year.

Profit & Loss Statement:

  • Total Income: ₹31.27 lakhs (Previous Period: ₹40.82 lakhs)
  • Total Expenses: ₹8.83 lakhs (Previous Period: ₹150.21 lakhs)
  • Profit before tax: ₹22.44 lakhs (Previous Period: Loss of ₹109.39 lakhs)
  • Total Tax Expense: ₹6.20 lakhs (Current tax) (Previous Period: ₹0.00)
  • Profit for the period from continuing operations: ₹16.24 lakhs (Previous Period: Loss of ₹109.39 lakhs)
  • Total Comprehensive Income for the period: ₹16.24 lakhs (Previous Period: Loss of ₹109.39 lakhs)
  • Earnings per share (Basic & Diluted): ₹0.15 (Previous Period: -₹0.99)

Balance Sheet as at September 30, 2026 (₹ in Lakhs):

  • Total Assets: ₹1,228.78 (Previous: ₹1,199.91)
  • Non-current assets: ₹0.91 (Previous: ₹1.15)
  • Current assets: ₹1,227.87 (Previous: ₹1,198.76)
  • Cash and cash equivalents: ₹0.48 (Previous: ₹0.27)
  • Other financial assets: ₹1,220.04 (Previous: ₹1,188.77)
  • Other current assets: ₹7.35 (Previous: ₹7.16)
  • Total Equity: ₹1,215.64 (Previous: ₹1,199.57)
  • Equity share capital: ₹1,100.00 (Unchanged)
  • Other equity: ₹115.64 (Previous: ₹99.57)
  • Current liabilities: ₹13.14 (Previous: ₹0.34)
  • Borrowings: ₹0.30 (Previous: ₹0.05)
  • Current tax liabilities: ₹6.11 (Previous: ₹0.00)
  • Other current liabilities: ₹3.93 (Previous: ₹0.34)

Cash Flow for Half Year Ended September 30, 2026 (₹ in Lakhs):

  • Net cash flow from operating activities: (₹33.61) (Previous: (₹454.55))
  • Net cash flow from investing activities: ₹31.27 (Previous: ₹126.17)
  • Net cash flow from financing activities: ₹2.55 (Previous: ₹0.00)
  • Net increase in cash and cash equivalents: ₹0.21 (Previous: (₹328.38))
  • Cash and cash equivalents at period end: ₹0.48 (Previous: ₹0.38)

Basis of Preparation and Review

  • The financial results have been prepared in accordance with Indian Accounting Standards (Ind AS) as prescribed under the Companies Act, 2013 and Regulation 33 of the SEBI LODR.
  • The results were reviewed by the Audit Committee and approved by the Board on October 15, 2026.
  • The company's independent auditor, NKSC & Co. (ICAI Firm Registration No.: 020076N), issued an unqualified review conclusion report. Based on their review, nothing came to their attention to suggest the statement contains any material misstatement or has not disclosed information as required by Regulation 33.

Capital Structure Impact

No immediate change to the share capital was announced. The equity share capital remained unchanged at ₹1,100.00 lakhs. A proposal for a preferential issue of convertible warrants was discussed but not approved, pending a decision at the next board meeting.