Board Meeting Details

The Board of Directors meeting was held on 23rd October, 2026 (Friday) at the company's corporate office at 404, Naman Centre C-31, G-Block, BKC, Bandra East, Mumbai 400051. The meeting commenced at 04:00 p.m. and concluded at approximately 07:15 p.m.

Board Approvals

The Board considered, approved, and took on record the following items:

1. The Unaudited Standalone Financial Results for the quarter and half year ended 30th September, 2026 along with the Limited Review Report thereon pursuant to Regulation 33 of SEBI (LODR) Regulations, 2015.

2. Took note of compliances made under SEBI (LODR) Regulations, 2015 for the quarter ended 30th September, 2026.

Financial Results Overview (Quarter Ended 30th September, 2026)

  • Revenue from Operations: INR 0 lakh (compared to INR 1,037 lakh in Q2 FY26)
  • Other Income: INR 12 lakh (compared to INR 12 lakh in Q2 FY26)
  • Total Income: INR 12 lakh (compared to INR 1,049 lakh in Q2 FY26)
  • Total Expenses: INR 22 lakh (compared to INR 1,073 lakh in Q2 FY26)
  • Profit Before Tax: Loss of INR 10 lakh (compared to loss of INR 24 lakh in Q2 FY26)
  • Net Profit After Tax: Loss of INR 10 lakh (compared to loss of INR 24 lakh in Q2 FY26)
  • Basic EPS: INR -0.01 (compared to INR -0.03 in Q2 FY26)
  • Diluted EPS: INR -0.01 (compared to INR -0.03 in Q2 FY26)

Financial Results Overview (Half Year Ended 30th September, 2026)

  • Revenue from Operations: INR 0 lakh (compared to INR 1,669 lakh in H1 FY26)
  • Other Income: INR 24 lakh (compared to INR 24 lakh in H1 FY26)
  • Total Income: INR 24 lakh (compared to INR 1,693 lakh in H1 FY26)
  • Total Expenses: INR 50 lakh (compared to INR 1,751 lakh in H1 FY26)
  • Profit Before Tax: Loss of INR 26 lakh (compared to loss of INR 58 lakh in H1 FY26)
  • Net Profit After Tax: Loss of INR 26 lakh (compared to loss of INR 58 lakh in H1 FY26)
  • Basic EPS: INR -0.04 (compared to INR -0.08 in H1 FY26)
  • Diluted EPS: INR -0.04 (compared to INR -0.08 in H1 FY26)

Balance Sheet Position (As at 30th September, 2026)

  • Total Assets: INR 2,469 lakh (compared to INR 2,495 lakh as at 31st March, 2026)
  • Property, Plant and Equipment: INR 1,248 lakh (compared to INR 1,290 lakh)
  • Trade Receivables: INR 256 lakh (unchanged)
  • Cash and Cash Equivalents: INR 6 lakh (unchanged)
  • Loans: INR 650 lakh (compared to INR 654 lakh)
  • Equity Share Capital: INR 7,485 lakh (unchanged)
  • Other Equity: Negative INR 5,999 lakh (compared to negative INR 5,973 lakh)
  • Total Equity: INR 1,486 lakh (compared to INR 1,512 lakh)
  • Borrowings (Non-current): INR 774 lakh (unchanged)
  • Trade Payables: INR 204 lakh (compared to INR 203 lakh)

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

  • Net Cash from Operating Activities: INR 24 lakh
  • Net Cash Used in Investing Activities: INR -24 lakh
  • Net Cash Used in Financing Activities: INR 0
  • Net Change in Cash: INR 0
  • Cash at Beginning: INR 6 lakh
  • Cash at End: INR 6 lakh

Notes to Financial Results

1. The financial results were reviewed by the Audit Committee and approved by the Board of Directors on 23rd October, 2026.

2. The results are prepared in accordance with Ind AS prescribed under Section 133 of the Companies Act, 2013.

3. Provision for Deferred Tax Assets/Deferred Tax Liabilities not considered on quarterly basis.

4. Figures for previous periods have been regrouped/reclassified for comparability.

Auditor's Limited Review Report

A. Sachdev & Co., Chartered Accountants (FRN: 001307C) issued a limited review report stating that based on their review, nothing has come to their attention that causes them to believe that the financial results:

  • Have not disclosed information required by SEBI LODR Regulation 52
  • Contain any material misstatement

The review was conducted in accordance with Standard on Review Engagement (SRE) 2410 issued by ICAI, providing moderate assurance.