Board Meeting Details

The Board Meeting was held on Friday, 13th November, 2026, from 04:00 P.M. to 05:00 P.M. at the registered office of the Company in Mumbai.

Financial Results Highlights (Quarter Ended 30 September 2026)

  • Revenue from operations: ₹0.00
  • Other Income: ₹0.00
  • Total Income: ₹0.00
  • Other expenses: ₹2.31 lakhs
  • Total Expenses: ₹2.31 lakhs
  • Profit before tax: Loss of ₹2.31 lakhs
  • Tax expense: ₹0.00
  • Profit/(Loss) for the period: Loss of ₹2.31 lakhs
  • Total Comprehensive Income: Loss of ₹2.31 lakhs
  • Earnings Per Share (Basic & Diluted): Loss of ₹0.01 per share
  • Paid-up Equity Share Capital: ₹2,625.58 lakhs (Face Value ₹1 per share)

Financial Results Highlights (Half Year Ended 30 September 2026)

  • Revenue from operations: ₹0.00
  • Other Income: ₹0.00
  • Total Income: ₹0.00
  • Other expenses: ₹3.79 lakhs
  • Total Expenses: ₹3.79 lakhs
  • Profit before tax: Loss of ₹3.79 lakhs
  • Tax expense: ₹0.00
  • Profit/(Loss) for the period: Loss of ₹3.79 lakhs
  • Total Comprehensive Income: Loss of ₹3.79 lakhs
  • Earnings Per Share (Basic & Diluted): Loss of ₹0.01 per share

Comparative Figures

Previous Quarter (30 June 2026): Loss of ₹1.49 lakhs

Corresponding Quarter Previous Year (30 September 2025): Loss of ₹5.57 lakhs

Previous Full Year (31 March 2026): Loss of ₹62.83 lakhs (Audited)

Balance Sheet Position (as at 30 September 2026)

  • Total Assets: ₹170.22 lakhs
  • Current Assets: ₹170.22 lakhs
  • Cash and cash equivalents: ₹1.64 lakhs
  • Other Current assets: ₹168.58 lakhs
  • Non-Current Assets: ₹0.00
  • Total Equity and Liabilities: ₹170.22 lakhs
  • Equity: Negative ₹825.61 lakhs
  • Equity share capital: ₹2,625.58 lakhs
  • Other equity: Negative ₹3,451.19 lakhs
  • Non-Current Liabilities: ₹650.74 lakhs (Financial liabilities)
  • Current Liabilities: ₹345.10 lakhs (Other current liabilities)

Cash Flow Statement (Half Year Ended 30 September 2026)

  • Net Cash from Operating Activities: Negative ₹83.21 lakhs
  • Net Cash from Investing Activities: ₹0.00
  • Net Cash from Financing Activities: ₹83.21 lakhs (from long-term borrowings)
  • Net change in Cash: ₹0.00
  • Cash and cash equivalents at period end: ₹1.64 lakhs

Auditor's Review

Lipika and Associates (FRN: 145364W) issued a Limited Review Report stating that nothing came to their attention causing them to believe the unaudited financial results contain any material misstatement. The review was conducted under SRE 2410. The report was signed by Partner Jayesh R Shah (M. No. 173963).

Key Notes to Financial Results

1. BSE Relisting: The company had been suspended by BSE Limited effective 3 May 2018. Following an appeal (Appeal No. 427 of 2025) to the Securities Appellate Tribunal (SAT), the SAT directed BSE Limited to relist the company and permit trading in its securities vide order dated 14 July 2026.

2. Accounting Standards: The financial results are prepared in accordance with Indian Accounting Standards (Ind AS).

3. Segment Reporting: The company is engaged in trading activities and has only one reportable operating segment.

4. Investor Complaints: There were no pending, received, or unresolved investor complaints during the quarter ended 30 September 2026.

5. Typographical Error Correction: The disclosure corrects a typographical error in the heading of the second column of the Cash Flow Statement, confirming that figures in that column pertain to 30 September 2025, not 31 March 2026.