Board Meeting Details

The Board of Directors meeting was held on Wednesday, 12th August, 2026 at the Registered Office of the Company. The meeting commenced at 02:00 P.M. and concluded at 02:30 P.M.

Key Decisions and Approvals

1. Un-Audited Financial Results

The Board considered and approved the Un-Audited Financial Results along with Limited Review Report thereon for the quarter ended June 30, 2026. The approval was given pursuant to Regulation 33 of SEBI (LODR) Regulations, 2015.

2. Statement of Deviation or Variation

The Board discussed compliance with Regulation 32 of SEBI (LODR) Regulations, 2015 and concluded that it is not applicable to the company as the company has not issued any shares by way of Public Issue, Right Issue, or Preferential Issue.

Financial Results Summary (Quarter Ended June 30, 2026)

Income Statement Highlights (Amounts in ₹ lakhs)

  • Revenue from operations: ₹3.16
  • Other income: Not separately quantified (included in total income)
  • Total Income: ₹3.16
  • Employee benefits expense: ₹0.74
  • Finance costs: ₹0.07
  • Other expenses: ₹6.12
  • Total expenses: ₹6.93
  • Profit/(loss) before exceptional items and tax: (₹3.77)
  • Exceptional Items: (₹3.77)
  • Profit/(loss) before extraordinary items and tax: (₹3.77)
  • Tax expense:
  • Current tax: Not applicable
  • Deferred tax: Not applicable
  • Excess Provision of earlier Year: Not applicable
  • Total tax expenses: (₹3.77)
  • Profit (Loss) for the period: (₹3.77)
  • Total Comprehensive Income for the period: (₹3.77)

Comparative Performance

  • Previous quarter (Q4 FY26, Audited): Net loss of ₹4.76 lakh on total income of ₹3.29 lakh
  • Corresponding quarter (Q1 FY26, Unaudited): Net profit of ₹4.57 lakh on total income of ₹5.17 lakh
  • Year ended March 31, 2026 (Audited): Net loss of ₹13.75 lakh on total income of ₹18.90 lakh

Capital Structure and Per Share Data

  • Paid-up equity share capital: ₹1,026.90 lakh (unchanged from previous periods)
  • Face value per share: ₹10
  • Earnings per share (Basic): (₹0.04)
  • Earnings per share (Diluted): (₹0.04)

Auditor's Limited Review Report

VRSK & Associates, Chartered Accountants (FRN: 011199N), issued a limited review report with the following key observations:

1. The review was conducted in accordance with Standard on Review Engagements (SRE) 2410 issued by ICAI

2. Emphasis of Matter: The financial results have not been prepared in accordance with applicable accounting standards (Ind AS) prescribed under Section 133 of the Companies Act, 2013

3. Specific Qualification: Interest on loan given is not provided in the financial statements

4. Despite the above, nothing has come to their attention that causes them to believe that the financial results do not disclose information required under Regulation 33 of SEBI (LODR) Regulations, 2015 and relevant circulars

SEBI Regulation 32 Undertaking

The company submitted an undertaking stating that Regulation 32 of SEBI (LODR) Regulations, 2015 is not applicable for the quarter ended June 30, 2026, as the company has not issued any shares by way of Public Issue, Right Issue, or Preferential Issue during this period.

Investor Complaints

  • Pending at beginning of quarter: 0
  • Received during quarter: 0
  • Disposed off during quarter: Not Available
  • Unresolved at end of quarter: Not Available

Additional Information

  • The financial results were reviewed by the Audit Committee before board approval
  • The results were prepared following recognition and measurement principles of Companies (India Accounting Standards) Rules, 2015
  • The company adopted Ind AS for the first time with transition date of April 1, 2016, effective April 1, 2017
  • Figures for previous periods have been regrouped where necessary to confirm to current period classification