Board Meeting Details

The Board of Directors meeting was held on Friday, 13th November, 2026 at 02:00 P.M. at the registered office of the Company. The meeting commenced at 02:01 P.M. and concluded at 03:15 P.M.

Business Approved

1. Un-audited Standalone Financial Results of the Company for the Quarter ended 30th September, 2026

2. Undertaking for Non-Applicability of Regulation 32 of SEBI (LODR) Regulations, 2015

The Financial Results were reviewed by the Audit Committee and approved by the Board of Directors on the same day.

Financial Results Summary

Quarterly Performance (₹ in lacs)

  • Current Quarter (01.07.2026 to 30.09.2026): Net profit of ₹2.31 lacs
  • Previous Quarter (01.04.2026 to 30.06.2026): Net loss of ₹3.89 lacs
  • Corresponding Quarter (01.07.2025 to 30.09.2025): Net profit of ₹1.47 lacs

Half Yearly Performance (01.04.2026 to 30.09.2026)

  • Net loss of ₹1.58 lacs (compared to net loss of ₹2.12 lacs in corresponding half year)

Revenue Breakdown

  • Interest Income: ₹10.52 lacs (Q2 FY27) vs ₹8.82 lacs (Q1 FY27) vs ₹7.11 lacs (Q2 FY26)
  • Total Revenue from Operations: ₹10.52 lacs (Q2 FY27)
  • Other Income: ₹0.71 lacs (Q2 FY26) - none reported in current quarters

Expense Analysis

  • Employee Benefits Expenses: ₹5.96 lacs (Q2 FY27) vs ₹4.74 lacs (Q1 FY27) vs ₹5.96 lacs (Q2 FY26)
  • Other expenses: ₹2.25 lacs (Q2 FY27) vs ₹7.97 lacs (Q1 FY27) vs ₹0.38 lacs (Q2 FY26)
  • Total Expenses: ₹8.21 lacs (Q2 FY27) vs ₹12.71 lacs (Q1 FY27) vs ₹6.35 lacs (Q2 FY26)

Earnings Per Share

  • Basic EPS: ₹0.01 (Q2 FY27) vs -₹0.01 (Q1 FY27) vs ₹0.00 (Q2 FY26)
  • Diluted EPS: ₹0.01 (Q2 FY27) vs -₹0.01 (Q1 FY27) vs ₹0.00 (Q2 FY26)

Balance Sheet Position (as at 30th September 2026)

  • Total Assets: ₹5,404.57 lacs (vs ₹5,145.21 lacs as at 31st March 2026)
  • Loans: ₹5,002.47 lacs (vs ₹4,789.82 lacs)
  • Cash and cash equivalents: ₹50.15 lacs (vs ₹20.80 lacs)
  • Borrowings: ₹4,485.19 lacs (vs ₹4,486.71 lacs)
  • Equity share capital: ₹432.60 lacs (unchanged)
  • Other equity: ₹88.00 lacs (vs ₹89.58 lacs)

Cash Flow Statement (Half year ended 30th September 2026)

  • Net cash flow from operating activities: -₹1.58 lacs
  • Net cash flow from investing activities: Not quantified
  • Net cash flow from financing activities: -₹60.06 lacs
  • Net cash flow during the period: -₹24.49 lacs

Auditor's Review

R.C. Agarwal & Company, Chartered Accountants conducted limited review and issued unqualified report. Key observation:

  • The Company has received share application money during FY 2025-26 and 2026-27 towards proposed allotment of equity shares
  • As at 30 September 2026, ₹3.91 crore remains outstanding towards share application money pending allotment
  • The proposed allotment is subject to necessary statutory and regulatory approvals and compliance with applicable provisions

Accounting Policies

  • Company adopted Indian Accounting Standards (Ind AS) from 1st April 2019
  • Financial results prepared in compliance with Companies (Indian Accounting Standards) Rules, 2015
  • Company is engaged in one business segment only (NBFC)