Announced Mon, 27 Jul · 19:21 IST
Promoter reclassified as public; Q1 loss narrows to Rs 4.62 lakh
Ownership Changes View source PDF
Price
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Price reaction · full curve
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AI summary
Board approved reclassification of Mr Pradip Bachubhai Shah from Promoter to Public category under SEBI Regulation 31A, per his July 10 request. Also approved Q1 FY27 unaudited results showing nil revenue, total expenses of Rs 3.62 lakh, and net loss of Rs 4.62 lakh versus Rs 6.33 lakh loss in Q1 FY26. EPS stood at minus 0.07. Full year FY26 loss was Rs 25.50 lakh.
Likely market impact
Promoter group shrinks; operations remain weak with no revenue, though quarterly loss is narrower than prior year.