Company Disclosure

Key Financial Results (Standalone, Unaudited)

Quarterly Performance (₹ in Lakhs):

  • Quarter ended September 30, 2026: Net loss of ₹6.99 lakh
  • Quarter ended June 30, 2026: Net loss of ₹19.95 lakh
  • Quarter ended September 30, 2025: Net loss of ₹21.69 lakh

Half-Yearly Performance (₹ in Lakhs):

  • Half year ended September 30, 2026: Net loss of ₹26.89 lakh
  • Half year ended September 30, 2025: Net loss of ₹44.45 lakh
  • Full year ended March 31, 2026: Net loss of ₹66.37 lakh (Audited)

Earnings Per Share (₹):

  • Basic EPS (Continuing Operations): (0.09) for Q2 Sep-2026, (0.16) for H1 Sep-2026
  • Diluted EPS (Continuing Operations): (0.09) for Q2 Sep-2026, (0.16) for H1 Sep-2026

Income Statement Highlights

  • Total Income: ₹3.99 lakh for Q2 Sep-2026, ₹7.87 lakh for H1 Sep-2026
  • Employee Benefit Expenses: ₹1.05 lakh for Q2 Sep-2026, ₹2.10 lakh for H1 Sep-2026
  • Finance Cost: ₹0.02 lakh for Q2 Sep-2026, ₹0.02 lakh for H1 Sep-2026
  • Other Expenditure: ₹7.73 lakh for Q2 Sep-2026, ₹28.40 lakh for H1 Sep-2026

Balance Sheet Position (as at September 30, 2026)

Assets (₹ in Lakhs):

  • Total Assets: ₹1,005.59 lakh (Unaudited)
  • Non-Current Assets: ₹372.70 lakh (Property Plant & Equipment: ₹142.47 lakh)
  • Current Assets: ₹632.89 lakh (Cash & Cash Equivalents: ₹47.84 lakh, Bank Balances: ₹351.96 lakh)

Liabilities and Equity (₹ in Lakhs):

  • Total Equity: Negative ₹10,953.35 lakh (Equity Share Capital: ₹1,700.00 lakh, Other Equity: Negative ₹12,653.35 lakh)
  • Current Liabilities: ₹11,945.22 lakh (Borrowings: ₹10,208.46 lakh, Trade Payables: ₹424.39 lakh)
  • Non-Current Liabilities: ₹13.72 lakh

Corporate Insolvency Resolution Process (CIRP) Status

  • The Hon'ble NCLT, Mumbai Bench admitted the company for CIRP vide order dated February 22, 2024 (CP no. 533/IBC/MB/2023)
  • Mr. Ajit Kumar (IBBI Reg. No. IBBI/IPA-003/IP-N00062/2017-18/10548) appointed as Resolution Professional
  • Powers of Board of Directors vested with Resolution Professional
  • Financial statements prepared on "going concern" basis as required under CIRP

Auditor's Limited Review Report

  • Auditor: M/s. Satya Prakash Natani & Co., Chartered Accountants, Mumbai (FRN: 115438W)
  • Opinion: Unmodified/unqualified opinion on standalone unaudited financial results
  • Emphasis of Matter: Significant uncertainty regarding CIRP process with books of account, supporting documents, and various balances under reconciliation/verification
  • Unable to comment on: Expected credit loss/impairment assessment, completeness of liabilities, claims submitted to RP, and going concern assumption

Committee Approval

  • R.P. Committee meeting held on November 13, 2026 (4:00 PM to 4:30 PM)
  • Approved unaudited financial results for quarter and half year ended September 30, 2026
  • Results taken on record by Mr. Jayesh V Valia (Suspended Director)

Additional Information

  • Complaints Status: No complaints pending, received, disposed off, or unsolved as of September 30, 2026
  • Accounting Standards: Prepared in accordance with Ind AS
  • Previous Period Figures: Regrouped wherever necessary to conform to current period presentation