Key Financial Results for Quarter Ended 30th June 2026

Income Statement Highlights

  • Total Income: ₹247.37 lakh for Q1 FY27 (compared to ₹234.83 lakh in Q1 FY26)
  • Total Expenses: ₹133.46 lakh for Q1 FY27 (compared to ₹38.75 lakh in Q1 FY26)
  • Profit Before Tax: ₹113.91 lakh for Q1 FY27 (compared to ₹196.08 lakh in Q1 FY26)
  • Tax Expense: ₹39.76 lakh for Q1 FY27 (compared to ₹-17.69 lakh in Q1 FY26)
  • Net Profit: ₹113.71 lakh for Q1 FY27 (compared to ₹214.61 lakh in Q1 FY26)
  • Earnings Per Share (Basic & Diluted): ₹0.07 for Q1 FY27 (compared to ₹0.15 in Q1 FY26)

Expense Breakdown (Exceeding 10% of Total Expenses)

  • Right Issue Expenses: ₹8.05 lakh
  • Consulting Charges: ₹23.18 lakh
  • Listing Fees: ₹0.00 (compared to ₹4.05 lakh in previous period)
  • Provision on Sub Standard Assets: ₹10.80 lakh
  • ROC Fees: Not quantified
  • Rent expense: Not quantified
  • Security service charges: Not quantified
  • Interest & Penalty: Not quantified

Capital Structure

  • Paid-up Equity Share Capital: ₹17,29,00,000 (17.29 crore shares of Re. 1/- each)
  • Previous Period Paid-up Capital: ₹14,25,00,000 (14.25 crore shares)

Board Appointments and Changes

New Appointments

  • Mr. Aryaman Kothari (DIN: 09324877) appointed as Additional Director and Whole-Time Director for 3 years from 14th July 2026 to 13th July 2029, subject to shareholder approval at ensuing AGM.

Re-appointments

  • Ms. Sakshi Chourasiya (DIN: 09370037) re-appointed as Non-Executive Independent Director for second term of 5 years from 25th October 2026 to 24th October 2031, subject to shareholder approval.

Resignations

  • Mrs. Sejal Riddhesh Shah (DIN: 11269204) resigned as Additional Director (Non-Executive Non-Independent Director) effective closure of business hours on 14th July 2026.

Capital Structure Changes

Authorized Share Capital Increase

  • Approved increase in Authorized Share Capital from ₹30.00 Crore (30,00,00,000 Equity Shares of Re. 1/- each) to ₹75.00 Crore (75,00,00,000 Equity Shares of Re. 1/- each)
  • Subject to shareholder approval at ensuing Annual General Meeting

Memorandum of Association Alteration

  • Approved alteration in Clause V of Memorandum of Association relating to share capital
  • Subject to shareholder approval at ensuing Annual General Meeting

Preferential Allotment Update

Warrant Allotment

  • Preferential Allotment Committee allotted 8,85,00,000 (Eight Crore Eighty-Five Lakh) share warrants on 16th June 2026
  • Warrants convertible into equivalent number of Equity Shares of Re. 1/- each
  • Issue price: ₹2.80 per warrant
  • 19 investors paid 25% upfront subscription amount (Re. 0.70 per warrant)

Warrant Conversion

  • 9 warrant holders holding 3,04,00,000 (Three Crore Four Lakh) warrants exercised conversion rights
  • Paid balance 75% of issue price (₹2.10 per warrant), aggregating ₹6,38,40,000
  • 3,04,00,000 equity shares allotted on 29th June 2026
  • Listing and Trading Approval for these shares still pending with stock exchanges

Outstanding Warrants

  • 5,81,00,000 warrants held by 10 warrant holders remain outstanding
  • May be converted upon payment of balance 75% of issue price subject to terms

Meeting Details

  • Board Meeting commenced at 04:00 PM and concluded at 06:35 PM on 14th July 2026
  • Financial results reviewed by Audit Committee and approved by Board of Directors

Auditor's Review

  • Dharmendra K Agarwal & Co, Chartered Accountants conducted limited review
  • UDIN: 26402138DIZGFF2502
  • Review conducted in accordance with SRE 2410
  • No material misstatement identified in the financial results