Outcome of Board Meeting held on 28.05.2026
Price
▲ positive · ▼ negative · ● neutral filings · teal = economic event · numbered = multiple that day (click to pick). Times IST.
The Board approved audited standalone and consolidated financial results for Q4 and FY ended March 31, 2026. The company reported significant losses with standalone net loss of Rs. 23.56 lakhs (vs loss of Rs. 20.41 lakhs in FY25) and consolidated net loss of Rs. 24.11 lakhs (vs loss of Rs. 21.42 lakhs in FY25). Revenue from operations is negligible, with the company primarily generating income from other sources. The statutory auditor M/s N G Rao & Associates issued an unmodified (unqualified) opinion on both standalone and consolidated results. The board also appointed M/s V. Ravi & Co. as internal auditor and M/s Vivek Surana & Associates as secretarial auditor for FY2026-27. Consolidated operating cash flow turned negative at Rs. -0.38 lakhs.
The widening losses and near-zero revenue operations indicate severe financial stress. Shareholders should be cautious as the company appears to be struggling with minimal business activity and deteriorating financials despite having subsidiaries like SBT Energies Pvt Ltd.