Board Meeting Details

The Board of Directors meeting was held on Thursday, November 05, 2026, at the Registered Office of the Company. The meeting commenced at 01:45 PM and concluded at 02:15 PM.

Key Decisions Approved

The Board considered and approved the following:

  • Un-Audited Standalone Financial Results of the Company for the second quarter ended September 30, 2026
  • Statement of Assets & Liabilities and Cash Flow as on September 30, 2026 (Standalone)
  • Non-Applicability of Regulation 23(9) of SEBI (LODR) (Amendments) Regulation, 2018
  • Declaration/Disclosure regarding under Regulation 33(2)(a) of SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015

Financial Results Summary (Quarter Ended September 30, 2026)

Income Statement

  • Revenue From Operations: ₹0.00 (compared to ₹745.85 thousand in Q1 FY2026 and ₹5,256.56 thousand in Q2 FY2025)
  • Other Income: ₹0.00
  • Total Income: ₹0.00
  • Total Expenses: ₹622.27 thousand
  • Employee benefit expense: ₹178.50 thousand
  • Finance Costs: ₹1.75 thousand
  • Depreciation and amortisation expense: ₹1.35 thousand
  • Other Expenses: ₹440.66 thousand
  • Profit/(Loss) Before Tax: (₹622.27) thousand
  • Tax Expenses: ₹0.00
  • Net Profit/(Loss) for the Period: (₹622.27) thousand

Earnings Per Share

  • Basic EPS: (₹0.03) per share
  • Diluted EPS: (₹0.03) per share

Half-Year Financial Performance (Ended September 30, 2026)

  • Total Income: ₹745.85 thousand
  • Total Expenses: ₹1,158.28 thousand
  • Net Profit/(Loss) for the Period: (₹412.43) thousand

Capital Structure

  • Paid-up equity share capital: ₹15,000.00 thousand (unchanged from previous periods)
  • Face value per share: ₹10.00
  • Reserves: (₹2,541.77) thousand (negative)

Balance Sheet Position (as at September 30, 2026)

Assets

  • Total Assets: ₹18,267.34 thousand
  • Non-current assets: ₹67.71 thousand
  • Property, plant and equipment: ₹6.95 thousand
  • Investment in properties: ₹60.75 thousand
  • Current assets: ₹18,199.63 thousand
  • Trade receivables: ₹4,884.39 thousand
  • Cash and cash equivalents: ₹57.02 thousand
  • Loans & Advances: ₹13,196.23 thousand
  • Deposits: ₹62.00 thousand

Liabilities and Equity

  • Total Equity: ₹12,484.07 thousand
  • Equity share capital: ₹15,000.00 thousand
  • Other equity: (₹2,515.93) thousand
  • Non-current liabilities: ₹62.92 thousand
  • Deferred tax liability: (₹87.08) thousand
  • Other non-current liabilities: ₹150.00 thousand
  • Current liabilities: ₹5,720.34 thousand
  • Trade payables: ₹4,506.19 thousand
  • Other current liabilities: ₹1,134.15 thousand
  • Other financial liabilities: ₹80.00 thousand

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

  • Net cash used in operating activities: (₹63.18) thousand
  • Net cash flow from investing activities: ₹0.00
  • Net cash used in financing activities: (₹2.06) thousand
  • Net decrease in cash and cash equivalents: (₹65.26) thousand
  • Cash and cash equivalents at beginning: ₹122.27 thousand
  • Cash and cash equivalents at end: ₹57.01 thousand

Auditor's Review Report

SSRV & Associates, Chartered Accountants (Firm Reg. No.: 135901V) issued a qualified review report on the unaudited standalone financial results.

Basis for Qualified Conclusion

The auditors noted that information available from the GST Portal indicates the company is engaged in wholesale and distribution (general trader) activities and has been inactive since May 29, 2026. The company is not in compliance with filing proper GST returns. Management represented that the company was not registered under GST laws and did not provide GST registration details or records for the review period.

Auditor's Conclusion

Except for the possible effects of the GST non-compliance matter, nothing has come to their attention that causes them to believe that the financial results contain any material misstatement.

Additional Information

  • The financial results were reviewed by the Audit Committee and approved by the Board of Directors
  • Results prepared in accordance with Indian Accounting Standard (Ind AS) 34
  • The company has no reportable business segments
  • Figures for corresponding previous periods have been regrouped/reclassified for comparability
  • The information will be made available on the company's website