Key Financial Figures (Standalone, in ₹ thousands)

  • Revenue from Operations (FY26): ₹1,037,390 (FY25: ₹990,850.51)
  • Profit Before Tax (PBT) (FY26): ₹352,770 (FY25: ₹109,850.76)
  • Profit After Tax (PAT) (FY26): ₹255,760 (FY25: ₹79,641.80)
  • Earnings Per Share (EPS) (FY26): ₹0.25 (FY25: ₹0.08)
  • Authorized Share Capital: ₹10,000,000 (10,00,000 equity shares of ₹10 each)
  • Paid-up Share Capital: ₹9,960,000 (9,96,000 equity shares of ₹10 each)

41st Annual General Meeting (AGM) Details

  • Date & Time: Tuesday, August 11, 2026, at 12:30 P.M.
  • Venue: Registered Office, Flat No. 28, Stilt Floor, Devika Tower, 6, Nehru Place, New Delhi-110019
  • Business to be Transacted:

1. Ordinary Business: Adoption of Audited Standalone Financial Statements for FY ended March 31, 2026.

2. Ordinary Business: Re-appointment of Ms. Sunayana Anand (DIN: 05136792) as a Director liable to retire by rotation.

3. Special Business: Appointment of M/s. Jain P & Associates, Company Secretaries, as Secretarial Auditor for a term of five consecutive years (FY 2026-27 to FY 2030-31).

  • Remote E-Voting: Facilitated by CDSL. Voting period from August 8, 2026 (9:00 AM) to August 10, 2026 (5:00 PM). Cut-off date for determining voting rights is August 4, 2026.
  • Scrutinizer: M/s. Jain P & Associates, Practicing Company Secretaries.
  • Book Closure: August 5, 2026, to August 11, 2026 (both days inclusive).

Changes in Directors / Key Managerial Personnel

  • Mr. Ankit Aggarwal (Whole Time Director) resigned on January 7, 2026.
  • No other changes in the Board composition occurred during the year.

Board and Committee Meetings

  • Board Meetings: Seven meetings were held during FY26 on: 30.05.2025, 02.08.2025, 11.08.2025, 18.09.2025, 12.11.2025, 07.01.2026, and 29.01.2026.
  • Audit Committee: Comprises Mr. Bhupender Singh (Chairperson), Mrs. Ruchi Chordia, and Ms. Sunayana Anand. Four meetings held.
  • Nomination & Remuneration Committee: Comprises Mrs. Ruchi Chordia (Chairperson), Mr. Bhupender Singh, and Ms. Sunayana Anand. Two meetings held.
  • Stakeholders' Relationship Committee: Comprises Mrs. Ruchi Chordia (Chairperson), Mr. Bhupender Singh, and Ms. Sunayana Anand. Four meetings held.
  • Independent Directors' Meeting: A separate meeting was held on March 11, 2026.

Auditor Details & Remarks

  • Statutory Auditor: M/s. Sanjeev Bimla & Associates, Chartered Accountants (Firm Reg. No. 008840N). Re-appointed until the conclusion of the 43rd AGM in 2028.
  • Statutory Audit Qualifications:
  • The company has not provided a valuation report for unquoted investments as required by IND AS 109.
  • The company's NBFC license was cancelled in 2018, and it lost its appeal in 2020. Auditors note this will adversely affect operations; management disagrees.
  • The accounting software used did not have an audit trail (edit log) facility enabled throughout the year.
  • Secretarial Auditor: M/s. Jain P & Associates, Practicing Company Secretaries. The Secretarial Audit Report (Form MR-3) for FY26 contains no qualifications or adverse remarks.
  • Internal Auditor: Ms. Sunayana Anand.
  • Total fees paid to Statutory Auditor: ₹75,600 for all services.

Remuneration Details

  • Mr. Mukhtar Singh (Whole Time Director & CFO): Remuneration was Nil for FY26 (No change from previous year).
  • Ms. Sunayana Anand (Director and Company Secretary & Compliance Officer): Remuneration was ₹120,000 for FY26, a 167.86% increase from the previous year.
  • Non-Executive Directors: No sitting fees or remuneration were paid during the year.
  • Number of Permanent Employees: 2 (Both are Directors/KMP).

Other Material Disclosures

  • Dividend: No dividend was recommended for FY26.
  • Public Deposits: The company did not accept or renew any public deposits during the year.
  • Subsidiaries/JVs/Associates: The company had no subsidiaries, joint ventures, or associate companies during FY26.
  • Related Party Transactions: Disclosed transactions include rent of ₹120,000 paid to Mr. Ankit Aggarwal (until his resignation) and a salary of ₹120,000 paid to Ms. Sunayana Anand. All transactions were at arm's length and approved by the Board.
  • Loans & Advances: The company granted unsecured loans and advances to four parties covered under Section 189 of the Companies Act, 2013. The maximum amount involved during the year was ₹10,640,000, and the year-end balance was ₹10,189,589.
  • Vigil Mechanism/Whistle Blower Policy: No protected disclosures were received during the year.
  • Corporate Social Responsibility (CSR): CSR provisions under Section 135 of the Companies Act, 2013, are not applicable to the company.
  • Sexual Harassment: No complaints were filed under the POSH Act during the year.
  • Credit Rating: Not applicable.
  • Insolvency Proceedings: No applications or proceedings were pending under the Insolvency and Bankruptcy Code, 2016.
  • Material Orders: No significant material orders were passed by regulators or courts impacting the going concern status.

Capital Structure Impact

There was no change in the Authorized or Paid-up Share Capital during the year. The company did not issue any shares under ESOP, sweat equity, or with differential rights, nor did it buy back any securities.

Cash Flow Implications

As disclosed in the Cash Flow Statement:

  • Net cash used in operating activities: ₹(2,846,710)
  • Net cash used in investing activities: ₹(90,000)
  • Net cash used in financing activities: ₹(7,760)
  • Net decrease in cash and cash equivalents: ₹(2,944,470)

Forward-Looking Statements

Management Discussion & Analysis contains cautionary statements that actual results could differ materially from projections due to factors such as raw material prices, demand cycles, governmental regulations, tax regimes, and economic developments.

Compliance References