Board Meeting Details

The meeting was held at the company's Registered Office at 35, Old Industrial RIICO Area, Chittorgarh, Rajasthan, India 312001. It commenced at 02:00 PM and concluded at 4:05 PM.

Matters Approved by the Board

1. Considered and approved the Un-Audited Financial Results of the Company for the quarter ended on September 30, 2026.

2. Taken on record the Auditor's Limited Review Report along with unmodified opinion on the Financial Results for the quarter ended September 30, 2026.

3. Considered and taken on record of various reports submitted to BSE.

The Board also discussed other operational, financial, and administrative matters in detail and passed necessary resolutions. The outcome of the meeting was also published in English and Hindi (vernacular) newspapers.

Financial Results for Quarter Ended September 30, 2026 (Amount in ₹ Lakhs)

Income:

  • Revenue from Operations: ₹0.00
  • Other Income: ₹8.84
  • Total Revenue: ₹8.84

Expenses:

  • Finance Cost: ₹0.00
  • Fees & Commission expenses: ₹4.05
  • Employee benefits expenses: ₹0.01
  • Depreciation, amortisation and impairment: ₹3.62
  • Other Expenses: ₹8.13
  • Total Expenditure: ₹15.81

Profit/(Loss):

  • Profit/(Loss) from ordinary activities before exceptional items & tax: (₹6.97)
  • Exceptional Items: ₹0.00
  • Profit/(Loss) before tax: (₹6.97)
  • Tax Expense: ₹0.18 (Current Tax: ₹0.18; Deferred Tax: ₹0.00)
  • Profit/(Loss) after tax: (₹6.79)
  • Other Comprehensive Income/(Loss), Net of Tax: ₹0.00
  • Total Comprehensive Income for the period: (₹6.79)

Share Capital and EPS:

  • Paid-up Equity Share Capital: ₹500.00 Lakhs (Face Value of ₹10/- per share)
  • Basic and Diluted EPS: (₹0.14)

Limited Review Report

SSRV & Associates, Chartered Accountants (Firm Registration Number: 135901W), issued a limited review report on the un-audited standalone financial results. CA Rakesh Agrawal (Membership No. 129593) signed the report from Mumbai on November 3, 2026. The review was conducted in accordance with Standard on Review Engagement (SRE) 2410 issued by ICAI. The auditors stated that nothing came to their attention that causes them to believe that the financial results contained any material misstatement.

Standalone Statement of Assets & Liability (As of September 30, 2026)

Assets (₹ in Lakhs):

  • Financial Assets: ₹863.78 (Cash & Cash Equivalents: ₹2.17; Bank balance: ₹0.81; Loans: ₹683.10; Investments: ₹143.27; Other financial assets: ₹34.43)
  • Non-Financial Assets: ₹20.57 (Current tax asset: ₹18.48; Deferred Tax Asset: ₹2.01; Property, Plant & Equipment: ₹0.08)
  • Total Assets: ₹884.35

Liabilities and Equity (₹ in Lakhs):

  • Financial Liabilities: ₹23.05 (Other financial liabilities)
  • Non-Financial Liabilities: ₹0.02 (Provisions)
  • Total Liabilities: ₹23.07
  • Equity: ₹861.28 (Equity Share Capital: ₹500.00; Other Equity: ₹361.28)
  • Total Liabilities & Equity: ₹884.35

Cash Flow Statement for Half Year Ended September 30, 2026 (₹ in Lakhs)

  • Net Cash from Operating Activities: (₹19.83)
  • Net Cash from Investing Activities: ₹17.10
  • Net Cash from Financing Activities: ₹0.00
  • Net Increase/(Decrease) in Cash and Cash equivalents: (₹2.73)
  • Cash and Cash equivalents (Opening Balance): ₹5.71
  • Cash and Cash equivalents (Closing Balance): ₹2.98

Additional Notes

1. The financial results were reviewed by the Audit Committee and subsequently approved by the Board at its meeting held on November 3, 2026.

2. Financial results for all periods presented have been prepared in accordance with the recognition and measurement principles of Ind AS.

3. The company is engaged in only one segment, i.e., investment Banking.

4. Previous period's figures have been re-grouped/re-arranged to make them comparable with those of the current period.