Pursuant to the provisions of Regulation 30 of the Securities and Exchange Board of India (Listing Obligations and Disclosure Requirements) Regulations, 2015, this is to inform you that ....
Awaiting price reaction for this filing.
The Board of Directors met on January 27, 2026, and approved the unaudited standalone financial results for Q3 and nine months ended December 31, 2025. For Q3 FY26, the company reported total revenue from operations of Rs 1.14 lakhs and a loss of Rs 5.42 lakhs, while for the nine-month period the loss widened sharply to Rs 79.74 lakhs (vs Rs 1.79 lakhs in 9M FY25), driven mainly by a Rs 77.39 lakhs spike in other expenses. The company also disclosed that the RBI has approved the cancellation of its Certificate of Registration as a Non-Banking Financial Company (NBFC) on January 23, 2026, on a voluntary basis. Post-exit, the company plans to pivot into food products manufacturing, processing of agricultural/dairy/horticulture products, and engineering consultation and power distribution businesses, and is barred from reapplying for an NBFC licence for three years.
The RBI cancellation formally ends the company's NBFC operations and removes its core financial business. The sharp nine-month loss and a major business pivot make this a significant turnaround/re-rating event — positive if the new food and engineering ventures gain traction, but risky given the small scale, weak revenue base, and ongoing losses.