Board Meeting Details
The Board of Directors meeting was held on Monday, 19th October, 2026 from 06:00 P.M. to 06:30 P.M. at the Registered Office of the Company at 47/18, Rajendra Place Metro Station, New Delhi-110060.
Key Decisions Approved
1. Unaudited Financial Results: The Board considered and approved the Un-Audited Financial Results along with Limited Review Report for quarter and half year ended on September 30th, 2026 pursuant to Regulation 33 of SEBI (LODR) Regulations, 2015.
2. Statement of Deviation: The Board noted and confirmed that there is no deviation or variation in the utilization of proceeds raised through the issue of preference shares from the objects stated in the Explanatory Statement to the notice of the General Meeting/Offer Document.
Financial Results Highlights (₹ in Lakhs)
Profit & Loss Statement (Half Year Ended 30th September, 2026):
- Profit before taxation: ₹15,332.69 (Unaudited) vs ₹1,04,990.49 (Unaudited YoY)
- Total Income: ₹15,350.50 (Unaudited) vs ₹105.27 (Unaudited YoY)
- Interest Income: ₹15,347.88 (Unaudited) vs ₹105.27 (Unaudited YoY)
- Dividend Income: ₹2.62 (Unaudited) vs ₹0.00 (Unaudited YoY)
- Total expenses: ₹17.81 (Unaudited) vs ₹(1,04,885.22) (Unaudited YoY)
- Employee benefits expense: ₹3.97 (Unaudited) vs ₹2.46 (Unaudited YoY)
- Other expenses: ₹13.84 (Unaudited) vs ₹23.85 (Unaudited YoY)
Earnings Per Share (Half Year Ended 30th September, 2026):
- Basic EPS: ₹281.83 (Unaudited) vs ₹437.79 (Unaudited YoY)
- Diluted EPS: ₹281.83 (Unaudited) vs ₹437.79 (Unaudited YoY)
Balance Sheet Position (as of 30th September, 2026):
- Total Assets: ₹1,34,078.15 (Unaudited) vs ₹1,18,882.15 (Audited)
- Investments: ₹1,19,400.05 (Unaudited) vs ₹1,05,583.46 (Audited)
- Equity Share Capital: ₹48,989.57 (Unaudited) vs ₹2,398.20 (Audited)
- Other Equity: ₹74,527.79 (Unaudited) vs ₹(10,583.69) (Audited)
- Total Equity: ₹1,23,517.36 (Unaudited) vs ₹(8,185.49) (Audited)
Cash Flow Statement (Half Year Ended 30th September, 2026):
- Net cash from operating activities: ₹13,790.59 (Unaudited) vs ₹(184.30) (Unaudited YoY)
- Net cash used in investing activities: ₹(13,816.59) (Unaudited) vs ₹(652.92) (Unaudited YoY)
- Net cash used in financing activities: ₹(128.21) (Unaudited) vs ₹1,963.11 (Unaudited YoY)
- Net decrease in cash and cash equivalents: ₹(154.20) (Unaudited) vs ₹1,125.89 (Unaudited YoY)
- Cash and cash equivalents at end of period: ₹5.21 (Unaudited) vs ₹1,241.07 (Unaudited YoY)
Preference Share Issuance
The company received approval for unlisted 1% Non-Convertible Preference Shares of ₹10 each at a premium of ₹15 per NCPS (aggregating to ₹25 per NCPS) amounting to ₹11,65,00,00,000 (₹1,165 crore) in the AGM held on 22/09/2026. However, the issuance process has not been started yet.
Auditor's Limited Review Report
VRSK & Associates issued a qualified review report stating:
- The financial results have not been prepared in accordance with applicable accounting standards i.e. IND AS prescribed under Section 133 of the Companies Act, 2013
- Interest on loan given is not provided
- The review was conducted in accordance with Standard on Review Engagements (SRE) 2410
Additional Notes
- Figures for previous periods have been regrouped wherever necessary to confirm to current period classification
- The results were reviewed by the Audit Committee before Board approval
- The format complies with SEBI circular dated 5th July, 2016 and Ind AS requirements