Board Meeting Details

The Board of Directors meeting was duly convened and held on May 28, 2026, commencing at 4:00 PM and concluding at 6:15 PM.

Key Decisions and Approvals

1. Financial Results Approval: The Board considered and approved the Audited Standalone and Consolidated Financial Results of the Company for the Quarter and year ended March 31, 2026, prepared in accordance with Regulation 33 of the SEBI Listing Regulations, along with the Auditor Report thereon issued by the Statutory Auditor.

2. Management Appointment: Appointment of Ms. Shrasti Dubey (Membership No: A75085) as a Company Secretary and Compliance Officer of the Company on the recommendation of Nomination and Remuneration Committee with effect from May 28, 2026.

Detailed Financial Results

Standalone Financial Results (Amounts in ₹ Lakhs, except per share data)

Quarter Ended March 31, 2026:

  • Revenue from Operations: Not explicitly stated in results table
  • Total Revenue: Not explicitly stated
  • Profit Before Tax: (73.46)
  • Total Tax Expenses: 0.00
  • Profit for the period: (73.46)
  • Earnings Per Share (Basic & Diluted): (0.58)

Year Ended March 31, 2026:

  • Profit Before Tax: 102.29
  • Total Tax Expenses: 7.71
  • Profit for the period: 94.58
  • Earnings Per Share (Basic & Diluted): 0.74
  • Paid-up equity share capital: 1,275.00
  • Other Equity: 1,331.53
  • Face value per share: ₹10.00
Consolidated Financial Results (Amounts in ₹ Lakhs, except per share data)

Quarter Ended March 31, 2026:

  • Revenue from Operations: 273.46
  • Other Income: 1.42
  • Total Revenue: 274.88
  • Profit Before Tax: (63.72)
  • Total Tax Expenses: 9.74
  • Share of Profit/(loss) of associates: 163.08
  • Profit for the period: 89.62
  • Earnings Per Share (Basic & Diluted): 0.70

Year Ended March 31, 2026:

  • Revenue from Operations: 5,555.78
  • Other Income: 166.16
  • Total Revenue: 5,721.94
  • Profit Before Tax: 102.29
  • Total Tax Expenses: 7.71
  • Share of Profit/(loss) of associates: (147.05)
  • Loss of Control in Subsidiary: Not applicable
  • Profit for the period: (52.47)
  • Earnings Per Share (Basic & Diluted): (0.41)
  • Paid-up equity share capital: 1,275.00
  • Other Equity: 1,002.12
  • Face value per share: ₹10.00

Balance Sheet Highlights

Standalone Position (as at March 31, 2026)
  • Total Assets: ₹3,896.48 lakhs (vs. ₹6,497.13 lakhs previous year)
  • Total Equity: ₹2,606.53 lakhs (vs. ₹2,511.95 lakhs previous year)
  • Trade Receivables: ₹1,076.79 lakhs (vs. ₹1,488.74 lakhs previous year)
  • Trade Payables: ₹781.07 lakhs (vs. ₹3,078.61 lakhs previous year)
  • Investments: ₹1,984.50 lakhs (unchanged from previous year)
Consolidated Position (as at March 31, 2026)
  • Total Assets: ₹3,567.07 lakhs (vs. ₹6,314.77 lakhs previous year)
  • Total Equity: ₹2,277.12 lakhs (vs. ₹2,329.59 lakhs previous year)
  • Investments: ₹1,655.09 lakhs (vs. ₹1,802.14 lakhs previous year)

Cash Flow Statements

Standalone Cash Flows (Year Ended March 31, 2026)
  • Net Cash from Operating Activities: (115.45) lakhs
  • Net Cash from Investing Activities: 79.81 lakhs
  • Net Cash from Financing Activities: (30.60) lakhs
  • Net Decrease in Cash: (66.24) lakhs
  • Cash and Equivalents at End: ₹1.63 lakhs
Consolidated Cash Flows (Year Ended March 31, 2026)
  • Net Cash from Operating Activities: (115.45) lakhs
  • Net Cash from Investing Activities: 79.81 lakhs
  • Net Cash from Financing Activities: (30.60) lakhs
  • Net Decrease in Cash: (66.24) lakhs
  • Cash and Equivalents at End: ₹1.63 lakhs

Management Appointment Details

Ms. Shrasti Dubey appointed as Company Secretary and Compliance Officer:

  • Date of Appointment: May 28, 2026
  • Qualifications: B.Com graduate from Barkatullah University and Associate Member of ICSI (Membership No. 75085)
  • Experience: 21 months of professional training and 1.6 years of experience in secretarial compliances and corporate governance
  • Expertise: Companies Act, SEBI regulations, and other regulatory compliances

Auditor Information

Standalone Financials Auditor: S S R V & Associates, Chartered Accountants (Firm Reg. No.: 135901W)

  • Partner: Vishnu Kant Kabra (Membership No.: 403437)
  • Opinion: Unmodified opinion stating financial results give true and fair view

Consolidated Financials Auditor: S S R V & Associates relied on audit of associate company Stitched Textiles Limited (total assets of ₹13,452.49 lakhs as at March 31, 2026)