This is to inform you that a Meeting of Board of Directors of our company was held on Wednesday, 12th November 2025 at registered office of the company located at Flat No.18, 5th Floor, ....

Revenue declinedNet loss reportedRelated-party transactionsNegative operating cash flowResults View source PDF Explain this filing

Price

Loading chart…

▲ positive · ▼ negative · ● neutral filings · teal = economic event · numbered = multiple that day (click to pick). Times IST.

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

-3.5%Reaction day

₹14.20

prior close

₹13.51

announcement price

After-mkt

timing

Nifty Microcap 250market · in no size index; the smallest one is used-0.1%-3.4% vs market

Capital Markets peers, median of 61sector · industry level-0.2%-3.4% vs sector

On the reaction day the stock moved 3.4 pts less than Nifty Microcap 250 and 3.4 pts less than its Capital Markets 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

Stock

+2.1

10m

+2.1

15m

+2.9

30m

+3.0

Sessions after the filingfrom the prior close

StockMarketvs marketSectorvs sector

Reaction day

-3.5-0.1-3.4-0.2-3.4

Next day

-3.5-0.2-3.3-0.9-2.7

+0.4+0.4-0.1-0.9+1.3

-0.4-0.4+0.0-0.9+0.6

-2.1-0.6-1.5-1.6-0.5

-0.8-0.9+0.1-1.0+0.2

-5.8-3.0-2.8-2.7-3.1

15d

-7.0-3.9-3.2-3.0-4.0

-8.5-4.8-3.6-4.0-4.5

-8.0-7.8-0.3-7.4-0.6

-14.8-7.2-7.6-12.4-2.4

UpDownMarket · Nifty Microcap 250Sector · Capital Markets peers, median of 61Pending

Minute windows have no benchmark: there is no intraday index history to compare against.

AI summary

The board met on November 12, 2025 and approved unaudited standalone and consolidated financial results for the quarter and half year ended September 30, 2025. Standalone revenue from operations fell sharply to ₹6,343.19 lakhs in H1 FY26 from ₹13,589.58 lakhs in H1 FY25, though standalone H1 profit after tax rose to ₹394.79 lakhs from ₹206.27 lakhs. The latest quarter (Q2 FY26) however swung to a standalone loss of ₹95.89 lakhs versus a profit of ₹133.97 lakhs a year earlier. The consolidated picture mirrors this with H1 revenue dropping to ₹6,627.61 lakhs from ₹15,746.94 lakhs and a Q2 loss of ₹132.96 lakhs. Cash flow from operations was negative on both standalone (-₹396.65 lakhs) and consolidated (-₹820.50 lakhs) bases. The board also approved an in-principle proposal to sell its entire stake in subsidiary Mefcom Securities Limited to Managing Director & Promoter Vijay Mehta, subject to shareholder and regulatory approvals, and reconstituted its Audit, Nomination & Remuneration, and Stakeholder Relationship committees. The statutory auditor issued an unmodified limited review report.

Likely market impact

Mixed read for shareholders – H1 PAT growth is favorable but the steep revenue decline, fresh quarterly loss, and negative operating cash flow suggest underlying business weakness. The proposed sale of the subsidiary to the promoter is a related-party transaction that will require shareholder approval and warrants close attention.