Announced Thu, 7 Aug · 17:36 IST

Considered and approved the appointment of Mr. Navjyoti Kumar Jha as internal auditor of the company for the FY 2025-26.

Management Changes View source PDF

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Price reaction · full curve

Awaiting price reaction for this filing.

AI summary

The board approved un-audited financial results for Q1 FY26 (quarter ended 30 June 2025), reporting revenue of just Rs 616 against Rs 9 lakh in the same quarter last year, with a profit after tax of Rs 2.47 lakh (down sharply from Rs 12.76 lakh in Q1 FY25). The board also appointed Mr. Navjyoti Kumar Jha (25 years of experience, B.Com) as Internal Auditor for FY 2025-26 and M/s SBR & Co. LLP as Secretarial Auditors for a 5-year term (FY 2025-2030). Promoter Mr. Yogesh Agrawal (62, CA, holding 14.27 lakh shares) was re-appointed as Chairman & Managing Director for another 5 years effective 7 September 2025. The statutory auditor Andros & Co. issued an unmodified limited review report on the Q1 numbers.

Likely market impact

Routine governance housekeeping with no major negative triggers, but the near-zero Q1 revenue versus Rs 9 lakh a year ago raises questions about the scale and continuity of operations. MD continuity is positive for stability, though shareholders will want clarity on the steep revenue drop.