Board Meeting Details

The Board of Directors meeting was held on 30th May 2026, commencing at 4:30 PM and concluding at 6:30 PM. The Board discussed and approved the Audited Standalone and Consolidated Financial Results of the company for the quarter ended 31st March, 2026, along with the Audit Report issued by the Statutory Auditors.

Auditor's Opinion

M/s Sunil Vashisht & Co., Chartered Accountants (FRN: 005016N), represented by CA. Varun Vashisht (Partner, M.No. 512252), issued an unqualified audit opinion. They confirmed that:

  • The financial results are presented in accordance with Regulation 33 of SEBI Listing Regulations
  • The results give a true and fair view in conformity with applicable accounting standards
  • The audit was conducted in accordance with Standards on Auditing

Financial Performance Highlights (Standalone - Rs. in Lacs)

Quarter Ended 31st March 2026 (Audited):

  • Total Revenue: ₹9.6
  • Other Income: ₹9.6
  • Total Expenses: ₹14.6
  • Net Loss: ₹5.0
  • Basic & Diluted EPS: -₹0.03
  • Paid Up Equity Share Capital: ₹1,536.41 (Face Value ₹10/-)
  • Reserves: ₹448.85

Full Year Ended 31st March 2026 (Audited):

  • Total Revenue: ₹11.2
  • Other Income: ₹11.2
  • Total Expenses: ₹55.8
  • Net Loss: ₹44.7
  • Basic & Diluted EPS: -₹0.29
  • Paid Up Equity Share Capital: ₹1,536.41 (unchanged)
  • Reserves: ₹448.85

Comparative Quarterly Performance:

  • Q3 FY26 (31st Dec 2025, Unaudited): Net Loss ₹11.3, EPS -₹0.07
  • Q2 FY26 (30th Sep 2025, Unaudited): Net Loss ₹11.1, EPS -₹0.07
  • FY25 (31st Mar 2025, Audited): Net Loss ₹19.8, EPS -₹0.13

Operational Details

  • Revenue from operations: ₹0.0 for all periods reported
  • The company operates in manufacturing of fresh, frozen foods and vegetables
  • No segment reporting required as per Ind AS 108
  • GST is Nil

Shareholding Pattern (as of 31st March 2026)

  • Public Shareholding: 94,68,158 shares (53.41%)
  • Promoter & Promoter Group: 82,59,962 shares (46.59%)
  • No shares pledged/encumbered by promoters

Cash Flow Information (Full Year FY26)

  • Net Cash from Operating Activities: -₹28,71,337
  • Net Cash from Investing Activities: ₹1,22,070
  • Net Cash from Financing Activities: -₹17,02,589
  • Net decrease in Cash & Cash Equivalents: -₹44,51,856
  • Closing Cash Balance: ₹36,62,492

Balance Sheet Extract (Standalone)

  • Total Assets: ₹258 lacs (31 Mar 2026) vs ₹333 lacs (previous)
  • Total Equity: -₹311 lacs (negative) vs -₹258 lacs (previous)
  • Total Liabilities: ₹259 lacs (non-current) + ₹311 lacs (current) = ₹570 lacs

Additional Information

  • The financial results were reviewed by the Audit Committee and approved by the Board
  • Previous figures have been regrouped/reclassified for consistency
  • The company has negative reserves excluding revaluation reserve
  • No exceptional items, extraordinary items, or tax expenses reported
  • Face value of shares: ₹10/- throughout all periods