Key Financial Figures (Standalone - Rs. Lakhs)

Quarterly Performance (Q2 FY2026):

  • Total Income: ₹1.29
  • Total Expenses: ₹6.38
  • Loss before tax: ₹(6.38)
  • Net Loss: ₹(6.38)
  • Basic EPS: ₹(0.10)

Half-Yearly Performance (H1 FY2026):

  • Total Income: ₹1.29
  • Total Expenses: ₹12.06
  • Loss before tax: ₹(10.77)
  • Net Loss: ₹(10.77)
  • Basic EPS: ₹(0.17)

Comparative Figures (Q2 FY2025):

  • Total Income: ₹0.41
  • Loss before tax: ₹(2.46)
  • Basic EPS: ₹(0.11)

Key Financial Figures (Consolidated - Rs. Lakhs)

Quarterly Performance (Q2 FY2026):

  • Revenue from Operations: ₹144.02
  • Other Income: ₹1.29
  • Total Income: ₹145.31
  • Profit before tax: ₹5.12
  • Net Profit: ₹5.12
  • Basic EPS: ₹0.08

Half-Yearly Performance (H1 FY2026):

  • Revenue from Operations: ₹144.02
  • Other Income: ₹1.29
  • Total Income: ₹145.31
  • Loss before tax: ₹(13.49)
  • Net Loss: ₹(13.49)
  • Basic EPS: ₹(0.22)

Capital Structure

  • Paid-up Equity Share Capital: ₹615.72 lakhs
  • Face Value per Share: ₹10.00

Significant Disclosures and Notes

Interest Liability Disclosure:

  • Company owes ₹328.67 lakhs as of 30.09.2026 to parties
  • Includes borrowings of ₹102.05 lakhs plus accrued interest of ₹226.61 lakhs provided up to 31.03.2001
  • No provision made for accrued interest of ₹292.42 lakhs for period 01.04.2001 to 30.09.2026
  • This understates current quarter loss by ₹2.87 lakhs

Going Concern Uncertainty:

  • Accumulated losses exceed paid-up share capital and free reserves
  • No manufacturing activity since plant closure in 1995
  • Accounts prepared on going concern basis as management explores business revival

Subsidiary Acquisition:

  • Acquired Micron Calcite Private Limited as wholly-owned subsidiary effective 12th May, 2026
  • Consolidated results include subsidiary's performance from 12th May to 30th September, 2026
  • Comparative figures for previous periods represent standalone results only

Preferential Issue Funds Utilization:

  • Equity shares raised: ₹400,000,000 on 16th February, 2026
  • Warrants raised: ₹171,00,000 on 17th February, 2026
  • Funds utilized: ₹79,20,000 towards advance to creditors and ₹45,40,000 towards investment in subsidiary
  • No deviation/variation reported in fund utilization

Audit Qualifications

Emphasis of Matter by Auditors:

1. Non-provision of interest on borrowing from related party since April 1, 2001

2. Going concern uncertainty due to accumulated losses exceeding capital and lack of operational activity

3. Balances of trade receivables, payables, advances subject to confirmations

Meeting Details

  • Board meeting held on 12th November, 2026
  • Commenced at 5:00 PM, concluded at 5:30 PM
  • Results reviewed by Audit Committee and approved by Board
  • Subjected to limited review by statutory auditors

Additional Information

  • Previous period figures regrouped for comparability
  • Company had only one segment during operation