Pursuant to Regulation 30 and 33 of SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015, please find attached the Outcome of the Board Meeting held on May 29, 2026. Kindly ....
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Koiya International Ltd's board meeting on May 29, 2026 approved the standalone audited financial results for Q4 and FY ended March 31, 2026. The company reported a net loss of Rs 31.36 Lakhs for FY26, an improvement from Rs 41.84 Lakhs loss in FY25, with loss per share of Rs 0.52. Revenue from operations was nil with only Rs 0.32 Lakhs in other income. Total assets stood at Rs 26.91 Lakhs, though shareholders' equity remains deeply negative at Rs (95.97) Lakhs. The auditors gave an unmodified (clean) opinion. The board appointed Mr. Arun Raj as Additional Non-Executive Director and M/s Manas Dash & Co. as Internal Auditor for FY26-27. The board also authorized the Audit Committee to finalize a preferential issue subject to shareholder approval, and approved shifting the registered office within Chennai.
Shareholders should note the company continues to operate at a loss with zero operating revenue and negative equity of Rs 95.97 Lakhs, indicating significant financial stress. The clean audit opinion provides some comfort. The planned preferential issue may dilute existing shareholdings. The director appointment and internal auditor changes are routine governance updates.