Board Meeting Details

The Board meeting commenced at 04:00 PM and concluded at 05:20 PM on 11th August 2026.

Key Approvals

1. Unaudited Financial Results: Approved unaudited standalone financial results for quarter ended 30th June 2026 along with Limited Review Report of Auditors as per Regulation 33.

2. Registered Office Change: Approved change of registered office from "Room No- 1-2, Kapadia Chambers,51 Bharuch Street Masjid Bunder (E), Mumbai City, Mumbai, Maharashtra, India, 400009" to "T-152, 3rd Floor, Moongipa Aracde, D.N. Nagar, Andheri West, Mumbai, Maharashtra, India-400053" effective from 11th August 2026.

3. Internal Auditor Appointment: Approved appointment of M/s I.P Mehta & Co. (Chartered Accountant) with Firm Registration Number 138699W as Internal Auditor for Financial Year 2026-27.

Financial Results Summary (Quarter Ended 30th June 2026)

  • Revenue from operations: ₹0.00
  • Other income: ₹0.00
  • Total Income: ₹0.00
  • Total Expenses: ₹4.02 lakh (primarily Other Expenses: ₹4.02 lakh)
  • Loss from operations before tax: ₹(4.02) lakh
  • Tax expense: ₹0.00
  • Net Loss for period: ₹(4.02) lakh
  • Other Comprehensive Income: ₹0.00
  • Total Comprehensive Loss: ₹(4.02) lakh
  • Paid-up equity share capital: ₹25.00 lakh (Face Value ₹10 per share)
  • Other Equity: ₹(279.97) lakh (negative)
  • Earnings per share (Basic & Diluted): ₹(1.61)

Comparative Financial Performance

| Period | Net Profit/(Loss) | EPS | Revenue |

| Q1 FY27 (30.06.2026) | ₹(4.02) lakh | ₹(1.61) | ₹0.00 |

| Q4 FY26 (31.03.2026) | ₹(11.37) lakh | ₹(44.24) | ₹0.00 |

| Q1 FY25 (30.06.2025) | ₹(13.48) lakh | ₹(5.41) | ₹0.00 |

| FY26 (31.03.2026) | ₹10.92 lakh | ₹6.47 | ₹41.09 |

Auditor's Review Report

AKB Jain & Co (FRN: 003904C) provided Limited Review Report with following key points:

  • Review conducted under SRE 2410 issued by ICAI
  • No material misstatement found in financial results
  • Going Concern Emphasis: Note 4 highlights significant doubt about company's ability to continue as going concern due to:
  • No regular business operations
  • Eroded net worth
  • However, financial results prepared on going concern basis due to NCLT-approved Resolution Plan
  • Company taken over by new promoters and management who intend to revive operations and introduce new business opportunities

Trading Window Closure

The trading window will open after 48 hours from the declaration of results to the stock exchange.