Outcome of the Board meeting held on 28.05.2026
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▲ positive · ▼ negative · ● neutral filings · teal = economic event · numbered = multiple that day (click to pick). Times IST.
The Board approved audited financial results for Q4 and FY ended March 31, 2026, declaring an unmodified (clean) audit opinion. The company reported total income of Rs 3.78 Lakhs for FY26, down significantly from Rs 8.95 Lakhs in FY25. The company posted a net loss of Rs 19.44 Lakhs for the year, nearly double the previous year's loss of Rs 8.32 Lakhs. Loss per share stood at Rs 0.26. The auditors included an Emphasis of Matter regarding going concern, noting that while the company prepared statements on a going concern basis, it is still in the process of identifying new plans to start business. The company also appointed M/s DCJ & Associates as internal auditor for FY27.
The significant revenue decline, widening losses, and auditor's emphasis on going concern signal financial distress. Shareholders should be cautious as the company is actively seeking new business plans amid declining operations and negative operating cash flow of Rs 22.77 Lakhs.