We hereby submit the un-audited financial results for the quarter ended December 31, 2025.
Awaiting price reaction for this filing.
Pasupati Fincap Limited reported a net loss of Rs 8.05 lakh for Q3 FY26 (quarter ended Dec 31, 2025), slightly wider than the Rs 6.86 lakh loss in the previous quarter but narrower than the Rs 31.58 lakh loss in the nine-month period of FY25 (now Rs 22.21 lakh in 9M FY26). Revenue from operations stood at Rs 3.62 lakh in Q3 FY26, down from Rs 5.33 lakh in Q2 FY26, with the company operating in two segments — fabric items and plastic products. The board approved a major Scheme of Capital Reduction to cancel 44.65 lakh equity shares (about 95% of existing capital) on a pro-rata basis to set off accumulated losses of about Rs 5.29 crore, reducing paid-up capital from Rs 4.70 crore to just Rs 23.50 lakh. The board also approved changing the company name to 'Harmanshi Appliances Co Limited', subject to shareholder and regulatory approvals at an EGM scheduled for March 12, 2026. The statutory auditor (V.R. Bansal & Associates) issued an unmodified limited review opinion on the results.
Shareholders should note that the capital reduction will write off roughly 95% of share capital to cover accumulated losses, though their percentage ownership will remain unchanged. The proposed name change suggests a strategic pivot away from the NBFC/fincap business toward appliances, and existing shareholders will need to approve both the capital reduction and renaming at the March 2026 EGM. With negative reserves of Rs 5.30 crore against Rs 4.70 crore share capital, the company is signaling that the current capital structure does not reflect its actual financial position.