Financial Results Approval

The Board of Directors 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 statutory auditors.

Standalone Financial Performance (₹ in Lakhs)

Quarter Ended September 30, 2026:

  • Total Income: ₹169.23
  • Total Expenses: ₹219.23
  • Loss Before Tax: ₹(50.00)
  • Net Loss: ₹(50.00)
  • Basic EPS: ₹(0.05)
  • Diluted EPS: ₹(0.05)

Half Year Ended September 30, 2026:

  • Total Income: ₹351.51
  • Total Expenses: ₹450.68
  • Loss Before Tax: ₹(99.17)
  • Net Loss: ₹(99.17)
  • Basic EPS: ₹(0.11)
  • Diluted EPS: ₹(0.11)

Revenue Breakdown (Quarter):

  • Fees and Commission: ₹145.44
  • Depository Participant Operations: ₹6.55
  • Interest Income: ₹11.85
  • Net gain on fair value changes: ₹0.28
  • Other Income: ₹5.11

Expense Breakdown (Quarter):

  • Employee Benefits: ₹80.96
  • Finance Costs: ₹3.25
  • Fees and Commission Expenses: ₹59.36
  • Depreciation and amortization: ₹6.07
  • Impairment on financial instrument: ₹(0.11)
  • Other Expenses: ₹69.70

Consolidated Financial Performance (₹ in Lakhs)

Quarter Ended September 30, 2026:

  • Total Income: ₹179.31
  • Total Expenses: ₹219.66
  • Loss Before Tax: ₹(40.35)
  • Tax Expense: ₹4.78
  • Net Loss: ₹(45.13)
  • Basic EPS: ₹(0.05)
  • Diluted EPS: ₹(0.05)

Half Year Ended September 30, 2026:

  • Total Income: ₹370.95
  • Total Expenses: ₹451.72
  • Loss Before Tax: ₹(80.77)
  • Tax Expense: ₹4.78
  • Net Loss: ₹(85.55)
  • Basic EPS: ₹(0.09)
  • Diluted EPS: ₹(0.09)

Capital Structure

Paid-up equity share capital: ₹1,850.30 lakhs (Face value per share: ₹2)

Board Appointments

1. Ms. Prameela Unni appointed as Non-Executive Independent Woman Director for a term of five years commencing from October 30, 2026, subject to shareholder approval.

  • Profile: Law graduate with 25+ years experience in UAE financial services marketing, founder of Nairative Marketing Consulting
  • Specializes in brand communications, corporate strategy, governance, and business transformation
  • Not debarred from holding director office by SEBI or any authority

2. Mr. Venkitesh Iyer appointed as Chief Financial Officer effective October 28, 2026, while continuing as Company Secretary & Compliance Officer.

  • Profile: Associate Member of ICSI, postgraduate in Commerce with 10+ years experience in company secretarial and legal affairs
  • Expertise in SEBI Regulations, Banking Regulation Act, Companies Act, and other statutory compliances

Audit Review

Statutory auditors Deoki Bijay & Co conducted limited review of financial results as required under Regulation 33 of SEBI Listing Regulations. The review report stated nothing came to their attention causing belief that the statements contain material misstatement.

Subsidiary Information

Consolidated results include Vertex Commodities and Finpro Private Limited, whose interim financial results were not reviewed by auditors but furnished by management. The subsidiary had total assets of ₹454.97 lakhs as at September 30, 2026.

Meeting Details

Board meeting commenced at 11:30 AM and concluded at 17:09 PM on October 28, 2026.