Date: May 28, 2026
Regulatory Compliance Exemption
- The company claims exemption from SEBI corporate governance provisions under Regulation 15 of SEBI (Listing Obligation and Disclosure Requirement) Regulations, 2015
- Exemption applies to regulations 17, 17A, 18, 19, 20, 21, 22, 23, 24, 24A, 25, 26, 26A, 27 and clauses (b) to (i) and (t) of sub-regulation (2) of regulation 46 and para C, D and E of Schedule V
- Basis for exemption: Paid-up Equity Share Capital less than ₹10 crore and Net Worth less than ₹25 crore as on March 31, 2025
- Specifically exempts the company from submitting Related Party Transaction disclosures for financial year ended March 31, 2026
Financial Certification
- Chartered Accountants M/s JHS & Associates LLP (ICAI FRN: 133288W/100099) certified the company's financial position
- Paid-up equity capital: ₹4,84,61,300 (Rupees Four Crore Eighty-Four Lakhs Sixty-One Thousand and Three Hundred)
- Number of shares: 2,42,30,650 shares of ₹2 each
- Net worth: Negative ₹19,64,52,700 (Negative Rupees Nineteen Crore Sixty-four Lakh Fifty-two Thousand Seven Hundred) as on March 31, 2025
Net Worth Calculation Details (Standalone Financials)
| Particulars | As on 31.03.2025 | As on 31.03.2024 | As on 31.03.2023 |
| Paid up share Capital | 4,84,61,300 | 4,84,61,300 | 4,84,61,300 |
| Add: Reserves & surplus (excluding Revolution Reserves) | 1,210,619,000 | 1,210,619,000 | 1,161,984,000 |
| Less: Retained earning | (1,455,533,000) | (1,621,686,000) | (1,345,691,000) |
| Total Net worth | (19,64,52,700) | (362,606,000) | (135,246,000) |
Company Contacts
- Company Secretary and Compliance Officer: Vandana Yadav
- Branch Office: Shop No.11& 12, Regency Avenue, Below Gastro Care Hospital, Syndicate, Murbad Road, Kalyan (West)-421301
- Head Office: B-Wing, 4th Floor, Unit No. 406-410 Navkar Chambers, Andheri-Kurla Road, Marol Naka Metro Station, Andheri (East), Mumbai - 400 059
Certification Details
- Certifying CA Firm: JHS & Associates LLP
- Signing Partner: CA Tausif Shaikh (M. No. 175514)
- Certificate Date: July 16, 2025
- Certificate Number: 013/JHS/2025-26
No material disclosures under the following sections: KMP / Board / Auditor Changes, Dividend Declaration, Board Meeting Outcomes, Financial Results, Auditor's Report, Disinvestment / Strategic Actions, Media Release / Investor Communication