Key Outcomes from the Board Meeting (Held October 28, 2026)

The Board of Directors meeting, which commenced at 11:30 AM and concluded at 4:34 PM, approved the following matters:

1. Approval of Financial Results: The Board approved the Unaudited (Standalone and Consolidated) Financial Results for the quarter and half year ended September 30, 2026. The results were reviewed by the Audit Committee and are accompanied by a Limited Review Report from the statutory auditor, Deoki Bijay & Co.

2. Appointment of Director: The Board approved the appointment of Ms. Prameela Unni as a Non-Executive Independent Woman Director for a term of five years, commencing October 28, 2026. This appointment is subject to shareholder approval. Her profile notes she is a law graduate and founder of Nairative Marketing Consulting with over 25 years of experience in financial services marketing.

3. Appointment of CFO: The Board approved the appointment of Mr. Venkitesh Iyer (ACS: A77011), the existing Company Secretary & Compliance Officer, to the additional role of Chief Financial Officer (CFO) with effect from October 28, 2026. Mr. Iyer is an Associate Member of the ICSI and holds a Postgraduate degree in Commerce.

Financial Performance Highlights (Standalone)

  • Q2 FY27 (Quarter ended Sept 30, 2026): Net Loss of ₹50.00 lakh.
  • H1 FY27 (Half year ended Sept 30, 2026): Net Loss of ₹99.17 lakh.
  • Comparative H1 FY26: Net Loss of ₹52.49 lakh (Half year ended Sept 30, 2025).
  • Full Year FY26: Net Loss of ₹222.32 lakh (Year ended March 31, 2026).
  • Basic/Diluted EPS: (₹0.05) for Q2 FY27; (₹0.11) for H1 FY27.
  • Paid-up Equity Share Capital: ₹1,850.30 lakh (Face Value ₹2 per share).

Financial Performance Highlights (Consolidated)

  • Q2 FY27 (Quarter ended Sept 30, 2026): Net Loss of ₹45.13 lakh.
  • H1 FY27 (Half year ended Sept 30, 2026): Net Loss of ₹85.55 lakh.
  • Comparative H1 FY26: Net Loss of ₹50.77 lakh (Half year ended Sept 30, 2025).
  • Full Year FY26: Net Loss of ₹236.57 lakh (Year ended March 31, 2026).
  • Basic/Diluted EPS: (₹0.05) for Q2 FY27; (₹0.09) for H1 FY27.

The consolidation includes Vertex Securities Limited and its subsidiary, Vertex Commodities and Finpro Private Limited. The auditor's review report notes that the interim financial results of this subsidiary (with total assets of ₹454.97 lakh as of Sept 30, 2026) were not reviewed by them and were based on management-furnished data.

Key Financial Statement Figures (As of September 30, 2026)

  • Standalone Total Assets: ₹2,737.28 Lakh
  • Standalone Total Equity: ₹993.36 Lakh
  • Standalone Cash & Cash Equivalents: ₹232.50 Lakh
  • Consolidated Total Assets: ₹3,037.69 Lakh
  • Consolidated Total Equity: ₹1,077.40 Lakh
  • Consolidated Cash & Cash Equivalents: ₹236.82 Lakh

Cash Flow Overview (H1 FY27)

  • Standalone Net Cash from Operating Activities: (₹82.54) Lakh
  • Standalone Net Cash from Investing Activities: (₹144.88) Lakh
  • Standalone Net Cash from Financing Activities: ₹38.45 Lakh
  • Consolidated Net Cash from Operating Activities: (₹86.26) Lakh
  • Consolidated Net Cash from Investing Activities: (₹142.88) Lakh
  • Consolidated Net Cash from Financing Activities: ₹38.47 Lakh