1. Approval of Un-audited Financial Results for Q1 FY27
The Board of Directors approved the Un-audited Financial Results for the quarter ended June 30, 2026, along with the Limited Review Report, pursuant to Regulation 30 and Regulation 33 of SEBI (LODR) Regulations, 2015.
The financial results show:
- Income from Operations: ₹5.00 lakh
- Other Income: ₹0.38 lakh
- Total Income: ₹5.38 lakh
- Total Expenditure: ₹7.67 lakh (including Professional Fees: ₹5.63 lakh, Listing and Custodial Fees: ₹1.14 lakh, Advertisement Expenses: ₹0.30 lakh, Rent: ₹0.30 lakh, Payment to Auditors: ₹0.30 lakh)
- Loss before tax: ₹(2.29) lakh
- Tax expense (Taxes of Earlier years): ₹(0.13) lakh
- Net Loss after tax: ₹(2.42) lakh
- Paid-up Equity Share Capital: ₹1,428.78 lakh (Face Value: ₹10 per share)
- Earnings Per Share (Basic and Diluted): ₹(0.02)
The results will be published in newspapers pursuant to Regulation 47 of SEBI (LODR) Regulations, 2015. The trading window for dealing in securities will open 48 hours after the announcement of results.
2. Change in Management
Appointment: Mr. Milind Subhash Jog (DIN 08650933) was appointed as an Additional Non-Executive Independent Director for a term of 5 years, effective August 11, 2026, subject to members' approval at the ensuing Annual General Meeting. He is not debarred from holding the office of Director by any SEBI or other authority order.
Mr. Jog's profile: Company Secretary with over a decade of experience, commenced practice in April 2024. Previously held positions as "Assistant Company Secretary" in Indage Vintners Limited and "Company Secretary and Compliance Officer" of IMP Powers Limited. Bachelor in Commerce from University of Mumbai, Associate Member of The Institute of Company Secretaries of India, and LL.B. from University of Mumbai. Not related to any existing Director/KMP of the Company.
Resignation: Mr. Srikar Gopalrao (DIN: 02116323) resigned from the position of Independent Director effective from the close of business hours on May 25, 2026, due to completion of his term. Consequently, he ceased to be a member of the Audit Committee, Nomination and Remuneration Committee, and Stakeholders Relationship Committee.
Mr. Gopalrao is also an Independent Director of Arco Leasing Limited and serves on its Audit Committee and Nomination and Remuneration Committee. He confirmed there are no material reasons for his resignation other than completion of his term.
3. Reconstitution of Committees
The Board reconstituted the following committees:
- Audit Committee: Mr. Srikanth Rajamani Venkatadriagaram (Chairman), Mrs. Priyanka Oka (Member), Mr. Milind Subhash Jog (Member)
- Stakeholders Relationship Committee: Mr. Srikanth Rajamani Venkatadriagaram (Chairman), Mrs. Priyanka Oka (Member), Mr. Milind Subhash Jog (Member)
- Nomination and Remuneration Committee: Mrs. Priyanka Oka (Chairperson), Mr. Srikanth Rajamani Venkatadriagaram (Member), Mr. Milind Subhash Jog (Member)
Additional Information
The meeting commenced at 1:00 p.m. and concluded at 4:20 p.m. on August 11, 2026.
The company is engaged in a single business segment of consultancy and advisory services. It has no subsidiaries, associates, or joint ventures, making consolidated financial results not applicable.
Financial Impact
The financial impact of the management changes and committee reconstitution is not quantified in the disclosure. The operational impact is reflected in the Q1 FY27 financial results showing a net loss of ₹2.42 lakh.