AS PER THE PDF ATTACHED
Awaiting price reaction for this filing.
The board approved unaudited financial results for Q1 FY26 (quarter ended June 30, 2025), reporting zero revenue from operations and a net loss of ₹0.45 lakh (EPS of -₹0.05), compared to a loss of ₹0.17 lakh in the same quarter last year. The company noted that business activities have not been carried out during the period. The auditor's limited review report is clean with no qualifications. Three leadership changes were also approved: appointment of Mrs. Deepali Mahapatra as new Company Secretary and Compliance Officer, appointment of Mrs. Anubha Chauhan as Independent Director for 5 years, and acceptance of the resignation of Mr. Monendra Srivastava from the posts of Managing Director and CFO effective July 10, 2025, citing personal reasons.
Shareholders should note the resignation of the MD/CFO alongside continued operational inactivity and zero revenue, which raises questions about the company's near-term direction. The simultaneous appointments of a new Independent Director and Compliance Officer suggest governance restructuring is underway, but with no business activity, investors should watch for clarity on future plans.