Board Meeting Details

The Board of Directors meeting was convened and held at the company's registered office at C-47 G/F, Shivalik Colony, Malviya Nagar, Near Shemrock School, Malviya Nagar (South Delhi), South Delhi, New Delhi, Delhi, India, 110017. The meeting commenced at 03:00 PM and concluded at 03:40 PM on 09th October, 2026.

Key Approval

The Board approved the Unaudited Standalone Financial Results of the Company for the quarter ended 30th June, 2026, along with the Limited Review Report issued by the statutory auditor, Bihari Shah & Co.

Financial Results Overview (Amounts in ₹ Lakhs)

Quarter Ended 30th June, 2026 (Unaudited) vs Comparative Periods:

  • Revenue from Operations: ₹0.00 (vs ₹275.46 in Q4 FY26 and ₹2316.32 in Q1 FY25)
  • Other Income: ₹0.00 (vs ₹15.93 in Q4 FY26 and ₹4.63 in Q1 FY25)
  • Total Income: ₹0.00 (vs ₹291.39 in Q4 FY26 and ₹2320.95 in Q1 FY25)
  • Total Expenses: ₹6.73 (vs ₹503.70 in Q4 FY26 and ₹2151.53 in Q1 FY25)
  • Employees Cost: ₹0.12
  • Depreciation and Amortization: ₹1.12
  • Other Expenses: ₹5.49
  • Loss Before Tax: ₹(6.73) (vs ₹(212.31) in Q4 FY26 and Profit of ₹169.42 in Q1 FY25)
  • Tax Expenses: ₹(0.00)
  • Net Loss After Tax: ₹(6.73) (vs ₹(184.24) in Q4 FY26 and Profit of ₹134.76 in Q1 FY25)
  • Total Comprehensive Income: ₹(6.73) (vs ₹(253.81) in Q4 FY26 and ₹132.53 in Q1 FY25)

Full Year Ended 31st March, 2026 (Audited):

  • Total Income: ₹3061.70
  • Net Loss After Tax: ₹(71.94)
  • Total Comprehensive Income: ₹(123.32)

Capital Structure

  • Paid-up Equity Share Capital: ₹5993.93 lakhs (unchanged across all periods)
  • Face Value per Share: ₹10.00
  • Other Equity Capital (Reserve & Surplus): ₹0.00 (vs ₹(175.42) as of 31st March, 2026)

Earnings Per Share (₹)

  • Basic EPS: ₹(0.01) for Q1 FY27 (vs ₹(0.42) in Q4 FY26 and ₹0.22 in Q1 FY25)
  • Diluted EPS: ₹(0.01) for Q1 FY27 (vs ₹(0.42) in Q4 FY26 and ₹0.22 in Q1 FY25)

Segment Reporting (Q1 FY27 - Unaudited)

Segment Revenue:

  • Construction Machinery: ₹0.00
  • Footwear: ₹0.00
  • Steel: ₹0.00
  • Agri-Commodity: ₹0.00
  • Commodities: ₹0.00
  • Total Segment Revenue: ₹0.00

Segment Results (Profit/Loss before tax, interest, depreciation, and amortization):

  • Steel: ₹(5.61) loss
  • Total Segment Loss: ₹(5.61)

Segment Assets (as of 30th June, 2026):

  • Steel: ₹6725.58
  • Total Allocable Segment Assets: ₹6725.58
  • Total Assets: ₹6725.58

Segment Liabilities (as of 30th June, 2026):

  • Steel: ₹1393.73
  • Total Allocable Segment Liabilities: ₹1393.73
  • Total Liabilities: ₹1393.73

Limited Review Report

Bihari Shah & Co., Chartered Accountants (FRN: 119020W), issued a limited review report dated 09th October, 2026, from Ahmedabad. Partner Kunal T. Sanghavi (Membership No: 173487) concluded that nothing came to their attention causing them to believe that the financial results contain any material misstatement. The review was conducted in accordance with Standard on Review Engagement (SRE) 2410 issued by ICAI.

Governance and Compliance

  • The financial results were reviewed by the Audit Committee and adopted by the Board of Directors on 09th October, 2026.
  • The results were prepared in accordance with Indian Accounting Standard 34 (Ind AS 34) and SEBI Circular CIR/CFD/FAC/62/2016 dated 05th July, 2016.
  • Figures for previous periods have been regrouped/rearranged/reclassified where necessary to correspond with current period's classification.