Board Meeting Details

The Board of Directors meeting was held on 25th May, 2026, commencing at 4:00 p.m. and concluding at 6:40 p.m.

Financial Results Approval

The Board approved the Audited Financial Results for the financial year 2025-26 ended on 31st March, 2026.

Financial Performance (Year ended 31/03/2026)

  • Total Income: Rs 4,109 thousand (Rs 4.109 crore)
  • Total Expenses: Rs 3,009 thousand (Rs 3.009 crore)
  • Profit before tax: Rs 1,100 thousand (Rs 1.100 crore)
  • Tax Expense: Rs 332 thousand (Rs 0.332 crore)
  • Profit for the period: Rs 768 thousand (Rs 7.68 lakh)
  • Earnings Per Share (Rs 10/- each): Rs 0.26 (Basic and Diluted)
  • Other Comprehensive Income, net of tax: Rs 644 thousand
  • Total Comprehensive Income: Rs 1,412 thousand

Comparative Financials (Year ended 31/03/2025)

  • Total Income: Rs 757 thousand
  • Profit before tax: Rs (47) thousand (Loss)
  • Profit for the period: Rs (95) thousand (Loss)
  • EPS: Rs (0.03)

Balance Sheet Position (as at 31/03/2026)

  • Total Assets: Rs 78,766 thousand
  • Cash and cash equivalents: Rs 207 thousand
  • Loans: Rs 53,773 thousand
  • Investments: Rs 24,330 thousand
  • Total Liabilities: Rs 4,289 thousand
  • Equity share capital: Rs 30,006 thousand (Face Value Rs 10 per share)
  • Other Equity: Rs 44,471 thousand
  • Total Equity: Rs 74,477 thousand

Cash Flow Statement (Year ended 31/03/2026)

  • Net cash from operating activities: Rs (50) thousand
  • Net cash from investing activities: Rs -
  • Net cash from financing activities: Rs 65 thousand
  • Net increase in cash flows: Rs 15 thousand
  • Cash at beginning of year: Rs 192 thousand
  • Cash at end of year: Rs 207 thousand

Auditor Appointment

The Board approved the appointment of M/s. Kashyap R. Mehta & Partners, Company Secretaries, Ahmedabad (FRN: P2025GJ106000, Peer Review Number: 6827/2025) as Secretarial Auditors to fill the casual vacancy caused due to the resignation of M/s. Nishant Pandya & Associates. The new auditors will hold office up to the date of the ensuing Annual General Meeting for conducting the Secretarial Audit for FY 2025-26.

Audit Opinion

Statutory Auditors Virendra Surana & Co. (FRN: 319179E) issued an unmodified opinion on the financial results, confirming they give a true and fair view in conformity with Indian Accounting Standards.

Additional Information

  • The company operates in only one segment with no subsidiaries/associates
  • Figures have been regrouped/rearranged where required with no material adjustments to earlier periods
  • Results reviewed by audit committee and approved by Board on 25th May, 2026
  • Previous auditor's report dated 27th May, 2025 expressed unmodified opinion