Key Financial Figures (FY 2025-26)

  • Total Income: ₹3.30 lakh (Previous Year: Nil)
  • Total Expenses: ₹23.11 lakh (Previous Year: ₹25.69 lakh)
  • Loss Before Tax: ₹(19.81) lakh (Previous Year: ₹(25.69) lakh)
  • Loss After Tax: ₹(19.81) lakh (Previous Year: ₹(25.69) lakh)
  • Basic EPS: ₹(0.17) (Previous Year: ₹(0.22))
  • Diluted EPS: ₹(0.17) (Previous Year: ₹(0.22))
  • Authorized Share Capital: ₹50.00 crore (50,000,000 equity shares of ₹10 each)
  • Paid-up Share Capital: ₹11.65 crore (11,650,100 equity shares of ₹10 each)
  • Cash and Cash Equivalents: ₹3.17 lakh (Previous Year: ₹2.28 lakh)
  • Inventory: ₹0.47 lakh (Previous Year: Nil)
  • Trade Receivables: ₹0.41 lakh (Previous Year: Nil)
  • Long-term Borrowings: ₹63.84 lakh (Previous Year: ₹49.70 lakh)
  • Trade Payables: ₹9.84 lakh (Previous Year: ₹8.14 lakh)

AGM Details

  • Date: Wednesday, 30th September, 2026
  • Time: 9:00 A.M.
  • Venue: Registered office at Office No. 303, Plot no. 6, 3rd Floor, Vardhman Arihant Chamber, Commercial Complex, Block-KP, Pitampura, Maurya Enclave, North West Delhi - 110034
  • Business Items:

1. Adoption of Audited Financial Statements for FY 2025-26

2. Re-appointment of Mr. Rakesh Rampal (DIN: 01537696) as Whole-Time Director liable to retire by rotation

3. Special Resolution to approve borrowing limits up to ₹50.00 crore and creation of charges on company assets

Key Corporate Information

  • Board of Directors:
  • Mr. Rakesh Rampal: Whole Time Director & CFO
  • Mr. Mithlesh Gupta: Independent Director
  • Ms. Aliya: Independent Director
  • Ms. Afrin: Non-Executive Director
  • Statutory Auditors: M/s. MKRJ & Co., Chartered Accountants
  • Secretarial Auditors: Mr. Shailendra Kumar Roy (COP: 11738, Mem. No. A25823)
  • Bankers: Kotak Mahindra Bank, Delhi Branch
  • Registrars & Share Transfer Agents: Alankit Assignments Limited (currently in dispute with company)
  • Listed at: BSE Limited

Capital Structure Impact

No change in share capital during the year. Authorized share capital remains at ₹50.00 crore and paid-up share capital at ₹11.65 crore.

Corporate Governance & Compliance Issues

  • The company did not appoint a Company Secretary as Compliance Officer during FY 2025-26 due to shortage of funds
  • Promoter shareholding not held in dematerialized form as required under SEBI LODR Regulation 31(2)
  • Trading in company's shares suspended on BSE due to penal reasons
  • Company received SOP penalties of ₹43.55 lakh from BSE for non-compliance with SEBI LODR Regulations, with partial waiver of ₹13.88 lakh granted on 28th April, 2026
  • Dispute with RTA (Alankit Assignments Limited) affecting e-voting facilities for shareholders

Operational Highlights

  • Company recorded minimal revenue of ₹3.30 lakh with continued losses
  • Change in nature of business approved in previous AGM (30th September, 2025) to expand into fabrics, clothing, electronics, groceries, and other sectors
  • Only 1 permanent employee on rolls as of 31st March, 2026
  • No subsidiaries, associates, or joint ventures
  • No related party transactions during the financial year

Dates of Significance

  • Record Date: Friday, 28th August, 2026 (for dispatch of AGM notice)
  • Book Closure: Sunday, 27th September, 2026 to Wednesday, 30th September, 2026 (both days inclusive)
  • Cut-off Date for Voting: Wednesday, 23rd September, 2026
  • Last Date for Shareholder Queries: Wednesday, 23rd September, 2026

Financial Impact Statements

  • No dividend declared for FY 2025-26 due to losses
  • No amount transferred to Investor Education and Protection Fund
  • No sums due to Micro, Small and Medium Enterprises
  • No material changes or commitments affecting financial position between year-end and report date

Audit & Assurance

  • Statutory Auditors (MKRJ & Co.) issued unqualified audit report
  • Secretarial Audit Report by Mr. Shailendra Kumar Roy identified two deviations regarding compliance officer appointment and promoter demat holdings
  • Internal financial controls considered adequate and operating effectively

Other Material Disclosures

  • Company has initiated Pre-Packaged Insolvency Resolution Process (PPIRP) approval process but not yet filed with NCLT
  • Register of Members and Share Transfer Books maintained despite RTA dispute
  • Physical share verification conducted with no material discrepancies noticed
  • No fraud reported by auditors under Section 143(12) of Companies Act, 2013
  • No significant orders passed by regulators/courts/tribunals impacting going concern status