Please find the attached Outcome of Board Meeting.
Awaiting price reaction for this filing.
The board approved unaudited financial results for Q1 FY26 (quarter ended June 30, 2025). The company reported zero revenue from operations for the quarter, same as Q1 FY25 and the full FY25. Total income was NIL compared to Rs 51.73 lakhs in Q4 FY25, with other income also dropping to zero. Total expenses rose to Rs 9.21 lakhs (vs Rs 1.77 lakhs in Q1 FY25) driven mainly by employee costs of Rs 3.60 lakhs and other expenses of Rs 5.60 lakhs. The company posted a net loss of Rs 9.21 lakhs, wider than the Rs 1.77 lakh loss in Q1 FY25. EPS came in at negative Rs 0.22 versus negative Rs 0.04 in the year-ago quarter. The full-year FY25 loss stood at Rs 18.05 lakhs. The statutory auditors issued an unmodified Limited Review Report.
Shares remain unlisted on revenue-generating activity, losses are widening sequentially and year-on-year, and there is no operating income to cover even basic expenses — a red flag for shareholders awaiting a turnaround story. Without a revival in business operations or fresh revenue inflows, further erosion in shareholder value is likely.