Summary of Key Information:

Reporting Period (Quarter/Year): Quarter ended 30th June, 2026 (Unaudited) and Year ended 31st March, 2026 (Audited)

Nature of Filing / Announcement: Outcome of Board Meeting and Financial Results

Date of Board Meeting / Approval: 17th August, 2026

Audit Opinion: Adverse Opinion

Auditor's Comment: Multiple material uncertainties affecting going concern, including default in loan repayments, non-payment of statutory dues, lack of inventory and fixed asset verification, and absence of impairment assessments

Key Financial Highlights [Rs. in lakhs]

Standalone Results (Quarter Ended 30.06.2026 - Unaudited):

  • Revenue from Operations: Not specified
  • Other Income: ₹140.17
  • Total Income: ₹140.17
  • Total Expenses: ₹776.33
  • Loss before tax: ₹(636.16)
  • Net Loss: ₹(636.40)
  • EPS: (₹0.30) basic and diluted

Standalone Results (Year Ended 31.03.2026 - Audited):

  • Revenue from Operations: Not specified
  • Other Income: ₹2.63
  • Total Income: ₹2.63
  • Total Expenses: ₹363.44
  • Loss before exceptional items: ₹(261.92)
  • Exceptional Items: ₹613.92 (inventory write-off)
  • Loss after exceptional items: ₹(974.53)
  • Net Loss: ₹(1,010.85)
  • EPS: (₹0.47) basic and diluted

Balance Sheet Position (as at 31.03.2026):

  • Total Assets: ₹6,946.98 lakhs
  • Total Liabilities: ₹6,946.98 lakhs
  • Equity Share Capital: ₹2,142.00 lakhs
  • Other Equity: ₹(607.80) lakhs
  • Net Worth: ₹1,534.20 lakhs
  • Cash and Cash Equivalents: ₹1.35 lakhs
  • Long-Term Borrowings: ₹1,702.98 lakhs
  • Short-Term Borrowings: ₹201.57 lakhs

Segment-wise Performance:

The Company's operations fall under a single segment "Solvent Products". Hence, segment reporting is not applicable as per Indian Accounting Standard (Ind AS) 108.

Corporate Actions:

Not Specified

Other Significant Information:

  • Inventory written off amounting to ₹613.92 lakhs in current reporting period (PY ₹1,857.20 lakhs)
  • Company has not carried out balance confirmations with debtors, creditors, and advances
  • No physical inspection of inventories conducted for the period under review
  • No physical inspection of property, plant and equipment conducted
  • No impairment assessment carried out for property, plant, equipment, inventories, advances, cash and bank balance, and debtors
  • Company has not booked interest for working capital loan and term loan as per Ind AS 109 requirements