The Board in its meeting held on today i.e. 05 Aug 2025 has considered and approved, inter alia; 1. Unaudited financial results for the quarter ended 30 June 2025 along with LRR. 2.Appointment ....

Kairosoft AI Solutions (formerly Pankaj Piyush Trade and Investment) reported its first quarter under the new AI business, with revenue from AI operations at Rs 90.03 lakh (vs nil in prior periods) and total income of Rs 120.12 lakh, up from Rs 45.90 lakh a year ago. However, expenses surged to Rs 289.66 lakh, pushing the company to a loss after tax of Rs 174.10 lakh versus a profit of Rs 22.85 lakh in Q1FY25, with EPS of (Rs 14.72). The statutory auditor raised a concern in the limited review report, noting that the company's financial assets exceed 50% of total assets and similar income from them exceeds 50% of gross income, meaning it should be registered as an NBFC with RBI but has not done so, suggesting possible disclosure deficiencies. On the board, Mr. Prashant Sethi resigned as Executive Director, Mr. Santosh Kumar Kushawaha was appointed as Additional Non-Executive Director, and Mr. Deva Ram was redesignated as Executive Director (3-year term, Rs 12 lakh p.a.). The company also reported utilisation of Rs 19.57 crore raised via the March 2025 Rights Issue across working capital, capex, and general corporate purposes, with no deviations reported.