Key Decisions and Approvals

The Board considered, approved, and took on record the following items:

  • Unaudited financial results for the second quarter and half year ended September 30, 2026, along with the auditor's limited review report
  • Review of other businesses of the company

The board meeting commenced at 5:30 PM and concluded at 6:15 PM.

Financial Results Summary (Standalone, Unaudited)

Quarter Ended September 30, 2026 (Q2 FY27):

  • Revenue from operations: ₹0.00
  • Other income: ₹0.00
  • Total revenue: ₹0.00
  • Total expenses: ₹0.04 lakh
  • Profit/(Loss) before tax: ₹(0.04) lakh
  • Tax expense: ₹0.00
  • Net Profit/(Loss) for the period: ₹(0.04) lakh
  • Other Comprehensive Income/(Loss): ₹0.00
  • Total Comprehensive Income/(Loss): ₹(0.04) lakh
  • Paid-up equity share capital (face value ₹10 each): ₹409.45 lakh
  • Basic earnings per share: ₹(0.00)
  • Diluted earnings per share: ₹(0.00)

Half Year Ended September 30, 2026 (H1 FY27):

  • Revenue from operations: ₹0.00
  • Other income: ₹0.00
  • Total revenue: ₹0.00
  • Total expenses: ₹0.13 lakh
  • Profit/(Loss) before tax: ₹(0.13) lakh
  • Tax expense: ₹0.00
  • Net Profit/(Loss) for the period: ₹(0.13) lakh
  • Other Comprehensive Income/(Loss): ₹0.00
  • Total Comprehensive Income/(Loss): ₹(0.13) lakh

Comparative Figures (Quarter Ended September 30, 2025):

  • Net Profit/(Loss) for the period: ₹(0.77) lakh

Year Ended March 31, 2026 (Audited):

  • Net Profit/(Loss) for the period: ₹(13.04) lakh

Statement of Assets and Liabilities (Standalone)

As at September 30, 2026 (Unaudited):

  • Total assets: ₹57.15 lakh
  • Non-current assets: ₹0.15 lakh
  • Property, plant and equipment: ₹0.15 lakh
  • Current assets: ₹57.00 lakh
  • Cash and cash equivalents: ₹22.55 lakh
  • Loans and advances: ₹0.31 lakh
  • Investment: ₹1.08 lakh
  • Other current assets: ₹33.07 lakh
  • Total equity and liabilities: ₹57.15 lakh
  • Total equity: ₹43.64 lakh
  • Equity share capital: ₹409.45 lakh
  • Other equity: ₹(365.81) lakh
  • Non-current liabilities: ₹13.43 lakh
  • Borrowings: ₹13.43 lakh
  • Current liabilities: ₹0.08 lakh
  • Other financial liabilities: ₹0.08 lakh

Comparative Figures (As at March 31, 2026 - Audited):

  • Total assets: ₹66.49 lakh
  • Cash and cash equivalents: ₹30.31 lakh
  • Total equity: ₹53.01 lakh

Cash Flow Statement (Standalone)

For the period ended September 30, 2026:

  • Net cash used in operating activities: ₹(9.36) lakh
  • Net cash used in financing activities: ₹(0.01) lakh
  • Net decrease in cash and cash equivalents: ₹(7.76) lakh
  • Cash and cash equivalents at beginning: ₹30.31 lakh
  • Cash and cash equivalents at end: ₹22.55 lakh

Comparative Figures (For the period ended March 31, 2026):

  • Net cash used in operating activities: ₹(2.67) lakh
  • Net cash from investing activities: ₹6.66 lakh
  • Net cash used in financing activities: ₹(10.50) lakh
  • Net decrease in cash and cash equivalents: ₹(6.51) lakh

Auditor's Review Report

P.H. Shah & Co., Chartered Accountants (Firm Registration No. 115464W), conducted an independent review of the unaudited financial results. The review was performed in accordance with Standard on Review Engagements (SRE) 2410 issued by the ICAI.

The auditor concluded that nothing has come to their attention that causes them to believe that the statement:

  • Has not disclosed the information required by Regulation 33 of SEBI LODR Regulations
  • Contains any material misstatement

The financial results were prepared in accordance with Ind AS 34 "Interim Financial Reporting" prescribed under Section 133 of the Companies Act, 2013.

Additional Notes

1. The unaudited financial results were reviewed by the audit committee and approved by the board of directors on October 22, 2026

2. The financial results have been prepared in accordance with Ind AS 34

3. Disclosure of segment-wise information is not applicable as the company has only one business segment

4. Previous quarter figures have been re-grouped/re-arranged wherever necessary