Outcome of the Board Meeting held on 11 February 2026

Revenue growth above 20%Net loss reportedEmphasis of matterRelated-party transactionsContingent liabilities increasedResults View source PDF Explain this filing

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Price reactionminutes from the announcement price · days from the prior close

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₹74.00

prior close

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announcement price

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Nifty Microcap 250market · in no size index; the smallest one is used-0.5%+0.4% vs market

Computers - Software & Consulting peers, median of 67sector-2.9%+2.8% vs sector

On the reaction day the stock moved 0.4 pts more than Nifty Microcap 250 and 2.8 pts more than its Computers - Software & Consulting peers, over the same two closes: a difference in percentage points, not a measure of what the filing did.

Minutes after the announcementfrom the announcement price · no benchmark

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UpDownMarket · Nifty Microcap 250Sector · Computers - Software & Consulting peers, median of 67Pending

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AI summary

The Board approved unaudited financial results for Q3 and nine months ended December 31, 2025. Consolidated revenue from operations jumped sharply to Rs. 4,214.59 lakhs in Q3 FY26 (vs Rs. 459.11 lakhs in Q3 FY25) and Rs. 10,435.05 lakhs for 9M FY26 (vs Rs. 1,111.14 lakhs in 9M FY25), driven mainly by newly acquired subsidiaries Itarium, Alpharithm, and CRG Solutions. Despite the revenue surge, the company reported a consolidated net loss of Rs. 182.60 lakhs in Q3 and Rs. 703.08 lakhs for 9M FY26. The Board also approved a Rights Issue of up to Rs. 125 Crores to eligible shareholders, and a Letter of Intent from Bijoy Hans Limited for technology platform development worth up to Rs. 5 Crore. The auditor flagged three Emphasis of Matter items covering pending IP acquisition advances (Rs. 354 lakhs to O2 Breathing Brains, Rs. 177 lakhs to Ujjvilas Technologies) and a corporate guarantee given for a subsidiary without charging any commission, which has been disclosed as a contingent liability.

Likely market impact

For shareholders: While top-line growth is impressive (largely inorganic from acquisitions), the company continues to post losses, raising questions about profitability and the integration of recent buys. The Rs. 125 Crore Rights Issue will dilute existing shareholders but could fund further expansion. The contingent liability from the subsidiary guarantee adds off-balance-sheet risk worth monitoring.