Pursuant to Regulation 30 of SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015 read with applicable provisions, we hereby inform you that the Meeting of the Board ....
Awaiting price reaction for this filing.
The Board of Directors met on December 13, 2025 and approved the unaudited standalone financial results for the half year ended September 30, 2025. The company reported revenue from operations of ₹85.49 lakhs in Q2 FY26 and ₹170.17 lakhs for H1 FY26, with a profit after tax of ₹55.95 lakhs for the quarter and ₹134.59 lakhs for the half year. The Board also approved the FY25 accounts, board report, secretarial audit report, and fixed the AGM on December 30, 2025. Notably, the company recently came out of the Corporate Insolvency Resolution Process (CIRP), with the NCLT approving the resolution plan on August 18, 2025 and new management taking over. The Board also approved regularisation of directors appointed post-CIRP, appointment of statutory auditors, and an application for change of the company's name. Trading in the company's shares remains suspended by the stock exchange due to earlier SEBI violations.
For shareholders, this is a key post-CIRP update showing the company is being revived under new management, with a profitable H1 FY26 and a cleaned-up balance sheet (equity turned positive). However, share trading is currently suspended, so liquidity remains an issue until the suspension is lifted, and the proposed name change signals a fresh start under the new promoter.