EMA INDIA LTD.

Classified as an Industrial Products company, this entity reported zero turnover in FY26 and has no active operating business. Total assets stood at Rs. 479.92 lakhs as of March 31, 2026, comprising largely current trade receivables of Rs. 422.17 lakhs and a land-and-building property at Udyog Nagar, Kanpur that was sold during the year. The net profit of Rs. 6.18 lakhs in FY26 — a 1,100.99% rise over the prior year — reflects the gain on this one-time property sale booked as an exceptional item under Ind AS 1, rather than any recurring operations. There are no revenue-generating segments, products, or customers disclosed in the filings. The board has approved a Scheme of Amalgamation to merge the company into Dynalog India Limited, an unlisted defence electronics business with turnover of Rs. 8,582.44 lakhs and assets of Rs. 9,954.27 lakhs, at an exchange ratio of 28 Dynalog shares for every 25 shares held here. The merger is a related-party transaction — Dynalog's promoters already control 45.03% of this company — and is pending NCLT, BSE and SEBI approvals, after which the company will be dissolved without winding up. The registered office has been shifted from Kanpur, Uttar Pradesh, to Vikhroli West, Mumbai, ahead of the merger.