Key Quantitative Figures

  • Q2 FY27 Net Loss: ₹8.70 lakh (Quarter ended September 30, 2026)
  • H1 FY27 Net Loss: ₹11.66 lakh (Half-year ended September 30, 2026)
  • Q2 FY27 Total Income: ₹1.00 lakh
  • Q2 FY27 Total Expenses: ₹9.70 lakh
  • Employee Benefits Expense Q2 FY27: ₹1.49 lakh
  • Other Expenses Q2 FY27: ₹8.20 lakh
  • Basic EPS Q2 FY27: (₹0.17)
  • Diluted EPS Q2 FY27: (₹0.17)
  • Paid-up Equity Share Capital: ₹510.00 lakh (Face value ₹10 each)
  • Total Assets as of September 30, 2026: ₹486.65 lakh
  • Current Assets as of September 30, 2026: ₹486.61 lakh
  • Cash and Cash Equivalents as of September 30, 2026: ₹19.78 lakh
  • Trade Receivables as of September 30, 2026: ₹118.35 lakh
  • Other Financial Assets as of September 30, 2026: ₹201.33 lakh
  • Non-current Liabilities as of September 30, 2026: ₹40.09 lakh
  • Borrowings (Non-current) as of September 30, 2026: ₹25.00 lakh

Dates of Action

  • Board Meeting: November 12, 2026 (3:00 PM to 3:30 PM)
  • Mr. Nalluri Anmol Appointments: Effective November 13, 2026
  • Mr. Yerrapragada Mallikarjuna Rao Resignation: Effective close of business November 12, 2026
  • Mr. Durga Venkata Vara Chadalawada Prasad Rao Resignation: Effective closing hours November 12, 2026
  • Board Reconstitution: Effective November 13, 2026

Parties Involved

  • Regulator: BSE Limited, SEBI
  • Statutory Auditors: NSVR & ASSOCIATES LLP
  • New Appointees: Mr. Nalluri Anmol (DIN: 07900193), Mr. Manideep Kaja (DIN: 12025948)
  • Resigning Directors: Mr. Yerrapragada Mallikarjuna Rao (DIN: 00905266), Mr. Durga Venkata Vara Chadalawada Prasad Rao (DIN: 02304831)

Purpose or Rationale

The board meeting was held to approve quarterly financial results and implement changes to the board composition and key managerial personnel.

Financial Impact

Financial impact quantified through reported losses and changes in financial position. The company reported a net cash outflow from operating activities of ₹88.58 lakh for the period ended September 30, 2026.

Capital Structure Impact

No change in paid-up equity share capital reported. The appointments of new directors are subject to approval of members of the company.

Operational Highlights

The company operates in a single segment: Trading of papers and pulp and related services.

Additional Documents Submitted

1. Unaudited Financial Results for Q2 and H1 ended September 30, 2026

2. Limited Review Report on Financial Results by Statutory Auditors