Summary of Key Information:

Reporting Period (Quarter/Year): Quarter and Half-Year ended 30th September, 2026 (Q2 FY27)

Nature of Filing / Announcement: Intimation of outcome of Management Committee meeting and unaudited standalone financial results under Regulation 30 and 33 of SEBI LODR.

Date of Board Meeting / Approval: 11th November, 2026

Audit Opinion: The results are unaudited and accompanied by a Limited Review Report. The review did not identify any material misstatements.

Auditor’s Comment: The auditors, M/s. M.Gangadaran & Co., issued a standard limited review report stating nothing has come to their attention to believe the statements contain material misstatements.

Key Financial Highlights [Rs in lakhs]

Standalone Results:

Quarter ended 30-09-2026:

  • Other Expenses: ₹3.13
  • Profit/Loss before Tax: (₹3.13)
  • Profit/Loss for the period: (₹3.13)
  • Total Comprehensive Income for the period: (₹3.13)
  • Earnings Per Share (Basic and Diluted) for discontinued and continuing operations: (₹0.0096)

Quarter ended 30-06-2026:

  • Other Expenses: ₹2.39
  • Profit/Loss before Tax: (₹2.39)
  • Profit/Loss for the period: (₹2.39)
  • Total Comprehensive Income for the period: (₹2.39)
  • Earnings Per Share (Basic and Diluted) for discontinued and continuing operations: (₹0.0073)

Quarter ended 30-09-2025:

  • Other Expenses: ₹1.98
  • Profit/Loss before Tax: (₹1.98)
  • Profit/Loss for the period: (₹1.98)
  • Total Comprehensive Income for the period: (₹1.98)
  • Earnings Per Share (Basic and Diluted) for discontinued and continuing operations: (₹0.0060)

Half-Year ended 30-09-2026:

  • Other Expenses: ₹5.52
  • Profit/Loss before Tax: (₹5.52)
  • Profit/Loss for the period: (₹5.52)
  • Total Comprehensive Income for the period: (₹5.52)
  • Earnings Per Share (Basic and Diluted) for discontinued and continuing operations: (₹0.0169)

Half-Year ended 30-09-2025:

  • Other Expenses: ₹4.36
  • Profit/Loss before Tax: (₹4.36)
  • Profit/Loss for the period: (₹4.36)
  • Total Comprehensive Income for the period: (₹4.36)
  • Earnings Per Share (Basic and Diluted) for discontinued and continuing operations: (₹0.0134)

Year ended 31-03-2026 (Audited):

  • Other Expenses: ₹6.71
  • Profit/Loss before Tax: (₹6.71)
  • Profit/Loss for the period: (₹6.71)
  • Total Comprehensive Income for the period: (₹6.71)
  • Earnings Per Share (Basic and Diluted) for discontinued and continuing operations: (₹0.0206)

Revenue from Operations, Other Income, and Total Income: Not specified for any period. All line items are reported as '----' or blank.

Balance Sheet as at 30-09-2026 [Pursuant to Division II- Ind AS]:

Assets:

  • Total Non-current Assets: ₹15,21,20,457
  • Property, Plant & Equipment: ₹2,21,608
  • Investment in subsidiaries: ₹15,00,52,000
  • Other Non-Financial Assets: ₹17,87,365
  • Total Current Assets: ₹59,484
  • Cash & Cash Equivalents: ₹49,735
  • Other Current Assets: ₹9,750
  • Total Assets: ₹15,21,20,457

Equity and Liabilities:

  • Equity Share Capital: ₹1,06,72,73,170
  • Other Equity - Reserves & Surplus: (₹3,43,62,00,650)
  • Total Equity: (₹2,36,89,27,480)
  • Total Non-current Liabilities: ₹5,78,77,312
  • Other Non-Current Liabilities: ₹5,78,77,312
  • Total Current Liabilities: ₹2,40,76,70,625
  • Trade payables: ₹5,38,859
  • Provisions: ₹5,55,00,000
  • Current Tax Liabilities: ₹24,46,777
  • Borrowings (Other than Debt Securities): ₹2,40,46,84,989
  • Total Liabilities: ₹15,21,20,457

Segment-wise Performance:

The Company operates with a single segment only, i.e., Textiles.

Corporate Actions:

Not Specified

Regulatory Disclosures:

  • The Hon'ble National Company Law Tribunal (NCLT), Chennai, admitted an application under Section 10 of the IBC against the Company vide its order dated 7th August 2026, commencing the Corporate Insolvency Resolution Process (CIRP).
  • Consequently, the powers of the Board of Directors of the Company stand suspended.
  • CA. G.Gunasekaran (IBBI/IPA-001/IP-P00681/2017-2018/11178) has been appointed as the Resolution Professional (RP).
  • The Company is under moratorium under section 14 of the IBC.
  • The Management Committee chaired by the RP approved the financial results.
  • No investor complaints were received or pending during the quarter.

Other Significant Information:

  • The financial statements have been prepared on a going concern basis. The company's ability to continue as a going concern is dependent upon the submission of a viable resolution plan and continued support from creditors.
  • The RP disclaims any responsibility for the financial position or operation of the Company for the period prior to the CIRP commencement date (7th August 2026).
  • There were no Related Party Transactions during the quarter.