Summary of Key Information:

Reporting Period: Quarter and Year ended March 31, 2026

Nature of Filing / Announcement: Outcome of Board Meeting pursuant to Regulation 30 of SEBI Listing Regulations

Audit Opinion:

Unmodified Opinion (Clean)

Key Financial Highlights [Amounts in ₹ Lakhs]:

Standalone Results:

For Year Ended March 31, 2026:

  • Revenue from Operations: ₹8,397.43 (vs. ₹8,446.73 in FY25, decrease of 0.58% YoY)
  • Total Income: ₹9,014.07 (vs. ₹9,036.93 in FY25)
  • Net Loss: ₹(789.02) (vs. ₹(954.41) in FY25, improvement of 17.33%)
  • EPS: ₹(0.73) basic and diluted (vs. ₹(0.89) in FY25)
  • Other Equity: ₹4,187.29 (vs. ₹5,510.61 in FY25)
  • Cash and Cash Equivalents: ₹186.85 (vs. ₹364.00 in FY25)
  • Total Debt: Not specified

For Quarter Ended March 31, 2026:

  • Revenue from Operations: ₹2,048.57 (vs. ₹2,114.07 in Q4 FY25, decrease of 3.10% YoY)
  • Total Income: ₹2,216.49 (vs. ₹2,272.02 in Q4 FY25)
  • Net Loss: ₹(263.36) (vs. ₹(767.96) in Q4 FY25)
  • EPS: ₹(0.24) basic and diluted (vs. ₹(0.71) in Q4 FY25)

Consolidated Results:

Not applicable - The company does not have any subsidiary/associate/joint venture companies.

Segment-wise Performance:

The company's operations relate to only one reportable segment: Platform Subscription. Accordingly, no separate disclosure of segment information is required.

Corporate Actions:

  • Completed buyback of 1,066,666 equity shares at ₹75 per share during quarter ended September 30, 2025
  • Paid-up equity share capital: ₹1,067.36 lakhs (face value of ₹1 per share)
  • No dividend declared

Internal Auditor Reappointment:

  • M/s. SPR & Co, Chartered Accountants reappointed as Internal Auditor for FY 2026-27
  • Date of reappointment: May 25, 2026
  • SPR & Co is a business and risk consulting firm with over 400 members across India, US, South Africa, Botswana, UAE, and Sri Lanka

Statutory Auditor Appointment:

  • M/s. M S K C & Associates LLP appointed as Statutory Auditor for 5 consecutive years
  • Term: From conclusion of 14th AGM till conclusion of 19th AGM (FY 2030-31)
  • Subject to shareholder approval at ensuing 14th AGM
  • M S K C & Associates is a Chartered Accountants firm established in 1974 with offices across 7 cities in India
  • Replaces Price Waterhouse Chartered Accountants LLP who are completing their tenure

Director Appointment:

  • Mr. Akshay Bhushan (DIN: 07213022) appointed as Additional Director (Non-Executive Independent Director)
  • Term: Five consecutive years from May 25, 2026 to May 24, 2031
  • Subject to shareholder approval
  • Profile: Venture capital investor with 18+ years experience across US, India, Middle East, and Southeast Asia startup ecosystems
  • Previous roles: Partner at Lightspeed India, Corporate Development at Flipkart, early team at Accel, Bain & Company
  • Education: MBA from Wharton School, B.S. in Computer Science from Georgia Tech
  • Not debarred from holding director office by SEBI or any other authority

Committee Changes:

  • Corporate Social Responsibility Committee dissolved
  • Reason: CSR provisions under Section 135 of Companies Act, 2013 are not applicable to the company
  • Committee was voluntarily constituted on August 06, 2021 at time of listing

Other Significant Information:

Exceptional Items:

  • Impact of new Labour Codes: ₹130.33 lakhs for FY26
  • Breakdown: Gratuity ₹102.50 lakhs + Long-term compensated absences ₹27.83 lakhs
  • Arises due to change in definition of wages under the four Labour Codes notified on November 21, 2025

ESOP Details:

  • ESOP expense for Q4 FY26: ₹73.56 lakhs (Q4 FY25: ₹129.75 lakhs)
  • ESOPs granted and outstanding as at March 31, 2026: 3,643,867 (March 31, 2025: 4,666,558)
  • 138,690 equity shares allotted to employees on exercise under ESOP Scheme for Q4 FY26

Deferred Tax Assets:

  • During Q2 FY25, management reassessed recoverability of deferred tax assets on carry forward business losses
  • Reversed deferred tax assets amounting to ₹600.21 lakhs previously recognized

Cash Flow Highlights:

  • Net cash used in operating activities: ₹(329.68) lakhs for FY26 (vs. ₹1,457.08 inflow in FY25)
  • Net cash from investing activities: ₹988.55 lakhs inflow for FY26 (vs. ₹(1,803.36) outflow in FY25)
  • Net cash from financing activities: ₹(835.94) lakhs outflow for FY26 (primarily due to share buyback)