Submission of Outcome of Board Meeting held on Thursday, 13th November, 2025 at 03:30 p.m. at the Registered Office of the Company.
Awaiting price reaction for this filing.
The Board approved unaudited financial results for Q2 and H1 FY26 (ended September 30, 2025) along with the shifting of the registered office from Nalasopara to Bhayander (West), Thane, effective November 14, 2025. The company reported zero revenue across all periods, with expenses of ₹1.53 lakh in Q2 and ₹2.44 lakh in H1 FY26, resulting in losses of the same amounts. Other equity stands at a deeply negative ₹(1,671.58) lakh against share capital of ₹1,568.50 lakh, and trade payables of ₹107.79 lakh vastly exceed total assets of just ₹5.90 lakh. FY25 had booked a full-year loss of ₹167.41 lakh. The auditor issued a clean limited review report with no qualifications.
This is a micro-cap, effectively non-operating trading company with negative net worth and trade payables far exceeding total assets — a serious going-concern risk. Shareholders should treat this as a high-risk, low-information situation; the office shift and absence of revenue suggest the business may be dormant or in distress.