OUTCOME OF BOARD MEETING HELD ON 29TH MAY , 2026.
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The board approved audited Q4 and FY2026 results with an unmodified opinion from auditors Biswas Dasgupta Datta & Roy. Total income surged to Rs 341.71 Lakhs from Rs 32.89 Lakhs in FY2025 (revenue growth ~940%), driven by higher interest income (Rs 323.02 Lakhs) and investments. However, losses widened significantly with loss after tax of Rs 73.15 Lakhs versus Rs 42.04 Lakhs previously. The company also appointed M/s S. Jaykishan as incoming statutory auditor for 5 years and M/s Anjali Jain & Associates as internal auditor, both effective from this meeting.
Revenue surge reflects expanded lending/investment activity but persistent losses and negative operating cashflow (Rs 167.65 Lakhs) signal operational stress despite fresh capital infusion of Rs 4,197.69 Lakhs via equity raise.