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.

Key Approvals

1. Approved Audited Financial Results for the financial year ended 31st March, 2026

2. Approved appointment of M/s. Kashyap R. Mehta & Partners, Company Secretaries, Ahmedabad (FRN: P2025GJ106000) 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.

Financial Results Highlights (Rs. in Thousand)

Profit & Loss Statement (Year ended 31/03/2026):

  • Total Income: ₹4,109
  • Total Expenses: ₹3,009
  • Finance costs: ₹1,098
  • Fees and commission expenses: ₹0
  • Net loss on fair value changes: ₹4
  • Impairment of financial instruments: ₹1,503
  • Employee benefits expense: ₹0
  • Depreciation and amortisation expenses: ₹267
  • Other expenses: ₹137
  • Profit before tax: ₹1,100
  • Tax expense: ₹332
  • Profit for the period: ₹768
  • Other Comprehensive Income (net of tax): ₹644
  • Total Comprehensive Income: ₹1,412
  • Earnings Per Share (Rs. 10/- each): ₹0.26 (Basic and Diluted)

Balance Sheet (As at 31/03/2026):

  • Total Assets: ₹78,766
  • Cash and cash equivalents: ₹207
  • Loans: ₹53,773
  • Investment: ₹24,330
  • Current tax assets (net): ₹456
  • Total Liabilities: ₹4,289
  • Borrowing (other than debt securities): ₹65
  • Other financial liabilities: ₹783
  • Deferred tax liabilities (Net): ₹3,416
  • Other non financial liabilities: ₹25
  • Total Equity: ₹74,477
  • Equity share capital: ₹30,006
  • Other Equity: ₹44,471

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

  • Net cash used in operating activities: ₹(50)
  • Net cash from investing activities: ₹0
  • Net cash from financing activities: ₹65
  • Net increase in cash flows: ₹15
  • Cash and cash equivalents at beginning: ₹192
  • Cash and cash equivalents at end: ₹207

Auditors Report

Virendra Surana & Co. (FRN: 319179E) issued an unmodified opinion on the audited financial results for the year ended 31st March, 2026. The audit was conducted in accordance with Standards on Auditing.

Secretarial Auditor Profile

M/s. Kashyap R. Mehta & Partners is a partnership of Practising Company Secretaries based in Ahmedabad delivering services in Corporate & Allied Laws, Capital Markets and Corporate Governance. Yash K. Mehta, Managing Partner has over 15 years of post-qualification experience.