Outcome of Board Meeting held on 14th July, 2025 as per Regulation 30 & 33 of the SEBI [LODR] Regulation, 2015
Price
▲ positive · ▼ negative · ● neutral filings · teal = economic event · numbered = multiple that day (click to pick). Times IST.
On the reaction day the stock moved 0.1 pts less than Nifty Microcap 250 and 0.6 pts more than its Computers - Software & Consulting peers, over the same two closes: a difference in percentage points, not a measure of what the filing did.
Minute windows have no benchmark: there is no intraday index history to compare against.
Space Incubatrics Technologies' board approved standalone unaudited results for Q1 FY26 on July 14, 2025. The company reported total revenue of Rs 15.24 lakh, entirely from other income (interest on loans & advances), with zero revenue from operations. Profit after tax stood at Rs 4.65 lakh, down from Rs 6.79 lakh in the same quarter last year. Total expenses were Rs 10.59 lakh. Paid-up equity capital is Rs 3,460.92 lakh, but other equity stands deeply negative at Rs (2,573.39) lakh as of March 31, 2025. The statutory auditor (V.S. Gupta & Co.) issued an unqualified limited review report but included an Emphasis of Matter regarding the foreign subsidiary Sybly International FZE, which was wound up on July 24, 2024, with total provisions of Rs 3,228.98 lakh taken in FY23 on the loss-making investment and unrecoverable loans. No outstanding loan defaults were reported.
The company is essentially a non-operating entity reliant on interest income, with severely eroded net worth (negative other equity of ~Rs 25.7 crore). The wound-up foreign subsidiary had resulted in massive write-offs, though no fresh concerns emerged this quarter. The stock may continue to trade thinly given the lack of operating business and weak balance sheet, but no immediate debt default risk is flagged.