Summary of Key Information:
Reporting Period (Quarter/Year): Quarter and Half Year Ended 30-9-2026 (Q2 FY27)
Nature of Filing / Announcement: Outcome of Board Meeting / Unaudited Financial Results under Regulation 33 of SEBI (LODR), 2015
Date of Board Meeting / Approval: 11th November 2026
Audit Opinion: Limited Review Report - No modifications or material misstatements noted.
Auditor’s Comment: The review provides less assurance than an audit. The auditors state that nothing has come to their attention to believe the statements contain material misstatements or fail to disclose required information.
Key Financial Highlights [Rs in lakhs]
Standalone Results:
- Revenue from Operations: Not Specified (Blank in all periods)
- Other Income: Not Specified (Blank in all periods)
- Total Income: Not Specified (Blank in all periods)
- Expenditure:
- Cost of materials consumed: Not Specified
- Purchase of Stock-in-Trade: Not Specified
- Changes in inventories: Not Specified
- Employee benefit Expenses: Not Specified
- Finance Costs: Not Specified
- Depreciation & Amortization Expenses: Not Specified
- Other expense: ₹5,52,221 (for H1 30-9-2026); ₹4,36,010 (for H1 30-9-2025)
- Total Expenses: ₹5,52,221 (for H1 30-9-2026); ₹4,36,010 (for H1 30-9-2025)
- Profit / Loss before Tax: (₹5,52,221) (for H1 30-9-2026); (₹4,36,010) (for H1 30-9-2025)
- Tax Expenses: Not Specified
- Profit/Loss for the period from continuing operation: Not Specified
- Profit/Loss for the period from discontinued operation: (₹3.13) lakh (Qtr 30-9-2026); (₹2.39) lakh (Qtr 30-6-2026); (₹5.52) lakh (H1 30-9-2026); (₹4.36) lakh (H1 30-9-2025); (₹6.71) lakh (Year 31-3-2026)
- Profit / Loss for the period: (₹3.13) lakh (Qtr 30-9-2026); (₹2.39) lakh (Qtr 30-6-2026); (₹5.52) lakh (H1 30-9-2026); (₹4.36) lakh (H1 30-9-2025); (₹6.71) lakh (Year 31-3-2026)
- Total comprehensive Income for the period: (₹3.13) lakh (Qtr 30-9-2026); (₹2.39) lakh (Qtr 30-6-2026); (₹1.98) lakh (Qtr 30-9-2025); (₹5.52) lakh (H1 30-9-2026); (₹4.36) lakh (H1 30-9-2025); (₹6.71) lakh (Year 31-3-2026)
- EPS (Basic) for discontinued operation: (₹0.0096) (Qtr 30-9-2026); (₹0.0073) (Qtr 30-6-2026); (₹0.0060) (Qtr 30-9-2025); (₹0.0169) (H1 30-9-2026); (₹0.0134) (H1 30-9-2025); (₹0.0206) (Year 31-3-2026)
- EPS (Diluted) for discontinued operation: (₹0.0096) (Qtr 30-9-2026); (₹0.0073) (Qtr 30-6-2026); (₹0.0060) (Qtr 30-9-2025); (₹0.0169) (H1 30-9-2026); (₹0.0134) (H1 30-9-2025); (₹0.0206) (Year 31-3-2026)
- Cash and Cash Equivalents: ₹49,735 (As on 30-9-2026); ₹50,765 (As on 30-9-2025)
- Debt (Borrowings other than Debt Securities): ₹240,46,84,989 (As on 30-9-2026); ₹240,46,84,989 (As on 30-9-2025)
Consolidated Results: Not Specified
Segment-wise Performance:
The company operates in a single segment only, i.e., Textiles. No segment revenue or profit is disclosed.
Corporate Actions:
Not Specified
Regulatory Disclosures:
- The National Company Law Tribunal (NCLT) Chennai Bench admitted an application under section 10 of the Insolvency and Bankruptcy Code, 2016, vide order dated 7th August 2026 and initiated Corporate Insolvency Resolution Process (CIRP) against the Company.
- CA. G.Gunasekaran (IP-001/IP-P00681/2017-2018/11178) was appointed as the Interim Resolution Professional (IRP) and subsequently confirmed as the Resolution Professional (RP).
- The powers of the Board of Directors stand suspended, and the management of the company vests in the RP.
- The company is under moratorium under section 14 of the Code.
- The financial statements have been prepared on a going concern basis, dependent on the submission of a viable resolution plan and continued support from creditors.
- The RP has signed the financial results for compliance purposes but disclaims responsibility for the financial position or operations prior to the CIRP commencement date.
- The results were reviewed and approved by the Management Committee chaired by the RP.
- No investor complaints were received or pending during the quarter.
- No related party transactions occurred during the quarter.
Other Significant Information:
- Equity Share Capital: ₹1,06,72,73,170
- Other Equity - Reserves & Surplus: (₹343,62,00,650) (As on 30-9-2026); (₹3,43,54,13,201) (As on 30-9-2025)
- Total Equity: (₹236,89,27,480) (As on 30-9-2026); (₹236,81,40,031) (As on 30-9-2025)
- Promoter Shareholding: 75.00% (59,87,593 shares) of total capital. 100% of promoter shares (75.00% of total capital) are pledged/encumbered.
- Public Shareholding: 75.47% (2,46,14,177 shares) of total capital.