Announced Thu, 24 Jul · 16:56 IST

The board of directors have decided the date of AGM and E-voting schedule.

Going ConcernPat NegativeResults View source PDF

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▲ positive · ▼ negative · ● neutral filings · teal = economic event · numbered = multiple that day (click to pick). Times IST.

Price reaction · full curve

Awaiting price reaction for this filing.

AI summary

The board fixed the 33rd AGM for September 19, 2025 via video conferencing, with remote e-voting open from September 16-18, 2025. For Q1 FY26 (ended June 30, 2025), the company reported zero revenue from operations and a net loss of Rs. 5.13 lakh, slightly better than the Rs. 5.31 lakh loss in Q1 FY25. Total expenses stood at Rs. 5.13 lakh, mainly employee costs and other expenses. The results include a significant disclosure (Note 7) stating the company has 'huge accumulated losses' and is 'not carrying on any gainful economic activities,' with negative reserves of Rs. 10.75 crore as of March 31, 2025. The board also appointed Ms. Parul K. Gajjar as an Independent Director effective September 1, 2025, and appointed M/s. Nishant Pandya & Associates as Secretarial Auditor for five years.

Likely market impact

This is a distressed, non-operating company with no revenue and deeply negative reserves, raising serious going-concern issues. Shareholders should view this as a high-risk situation; the stock is illiquid and likely valued mostly on the basis of any underlying real estate assets rather than current earnings.