Board Meeting Details

The Board of Directors meeting commenced at 4:45 PM and concluded at 5:40 PM on Tuesday, 14th July 2026, at the company's registered office in Mumbai.

Key Business Approved

1. Approval of Financial Results: The Board approved the Unaudited Financial Results for the quarter ended 30th June 2026.

2. Director Appointments: The Board approved the appointment of three new directors:

  • Mr. Kaushik Jagannath Joshi (DIN: 00410595) as Additional Executive Director
  • Ms. Radhika Kaushik Joshi (DIN: 08206100) as Additional Executive Director
  • Mr. Jignesh Shailesh Tank (DIN: 11819899) as Additional Non-Executive, Non-Independent Director

All appointments are effective from 14th July 2026 pursuant to Section 161 of the Companies Act, 2013.

Financial Results (Quarter Ended 30th June 2026)

All figures in ₹ Lakhs (Unaudited)

Income Statement Highlights:

  • Revenue from Operations: ₹84,990
  • Other Income: ₹23,412
  • Total Revenue: ₹108,402
  • Total Expenses: ₹102,249
  • Loss Before Exceptional Items and Tax: ₹6,153
  • Exceptional Items: ₹0
  • Loss Before Tax: ₹6,153
  • Tax Expenses: ₹0
  • Net Loss for the Period: ₹6,153
  • Total Comprehensive Income: ₹6,153

Earnings Per Share (Face Value ₹2 each):

  • Basic EPS: (₹0.009)
  • Diluted EPS: (₹0.009)

Comparative Figures:

  • Q1 FY26 (30-Jun-25): Net Profit of ₹7,602
  • Q4 FY26 (31-Mar-26): Net Profit of ₹8,313
  • FY26 (31-Mar-26): Net Loss of ₹5,363

Expense Breakdown:

  • Purchase of stock-in-trade: ₹82,500
  • Employee benefits expense: ₹4,628
  • Finance Cost: ₹3,217
  • Other expenses: ₹10,875
  • Depreciation and amortization: ₹85

Director Appointments Details

Mr. Kaushik Jagannath Joshi (Executive Director)

  • DIN: 00410595
  • Effective Date: 14th July 2026
  • Term: Holds office until ensuing AGM or last date AGM should have been held
  • Profile: Experience in business management, finance and corporate affairs
  • Relationship: Related to Ms. Radhika Kaushik Joshi
  • Not debarred from directorship

Ms. Radhika Kaushik Joshi (Executive Director)

  • DIN: 08206100
  • Effective Date: 14th July 2026
  • Term: Holds office until ensuing AGM or last date AGM should have been held
  • Profile: Experience in corporate administration, management and business operations
  • Relationship: Related to Mr. Kaushik Jagannath Joshi
  • Not debarred from directorship

Mr. Jignesh Shailesh Tank (Non-Executive, Non-Independent Director)

  • DIN: 11819899
  • Effective Date: 14th July 2026
  • Term: Holds office until ensuing AGM or last date AGM should have been held
  • Profile: Experience in business management and corporate affairs
  • Relationship: Not related to any Director or KMP of the Company
  • Not debarred from directorship