Pursuant to the provisions of Regulation 30 and 47 of the SEBI (Listing Obligations and Disclosure Requirements)Regulations, 2015, Please find enclosed copies of Newspaper Publication of the Audited Financial Results for the Fourth Quarter and Financial Year ended March 31, 2026 approved at the meeting of the Board of Directors held on Friday, May 29, 2026 in the following newspapers: 1. Active Times dated May 30, 2026. 2. Mumbai Lakshdeep dated May 30, 2026.
Pursuant to Regulation 33 of the SEBI (LODR) Regulations, 2015, we are enclosing herewith Statement of Audited Financial Results for the Fourth Quarter and Financial Year ended March 31, 2026 along with Audit Report of the Statutory Auditor thereon.
This is to inform the Exchange that pursuant to Regulation 30 of the Securities and Exchange Board of India (Listing Obligations and Disclosure Requirements) Regulations, 2015, the Meeting of the Board of Directors of the Company was held on Friday, May 29, 2026 at 03:45 P.M. at the registered office of the Company wherein the following decisions were taken: 1. Approval of the Audited Financial Results for the Fourth Quarter and Financial Year ended March 31, 2026 along with Auditors’ Report thereon. 2. Appointment of M/s. M.M. Dubey & Co., Chartered Accountants as an Internal Auditor of the Company for the Financial Year 2026-27; 3. Appointment of Mr. Sandeep Dar, Practicing Company Secretary as Secretarial Auditor of the Company for the Financial Year 2026-27. The Board Meeting commenced at 03:00 P.M. and concluded at 03:45 P.M.
Audited Financial Results for the Fourth Quarter and Financial Year ended March 31, 2026 along with Auditor's Report of the Statutory Auditor thereon.
Format of Initial Disclosure to be made by an entity identified as a Large Corporate. Sr. No. Particulars Details 1Name of CompanyAshirwad Capital Ltd 2CIN NO.L51900MH1985PLC036117 3 Outstanding borrowing of company as on 31st March / 31st December, as applicable (in Rs cr) 0.00 4Highest Credit Rating during the previous FY NA 4aName of the Credit Rating Agency issuing the Credit Rating mentioned in (4)Not Applicable 5Name of Stock Exchange# in which the fine shall be paid, in case of shortfall in the required borrowing under the frameworkBSE We confirm that we are a Large Corporate as per the applicability criteria given under the SEBI circular SEBI/HO/DDHS/CIR/P/2018/144 dated November 26, 2018. No Name of the Company Secretary: Kinjal Sunny Hiranandani Designation: Company Secretary and Compliance Officer EmailId: cs.acl@svgcl.com Name of the Chief Financial Officer: Sunil Bhalchandra Bhiwandkar Designation: Chief Financial Officer EmailId: swastivinayaka@svgcl.com Date: 23/04/2026 Note: In terms para of 3.2(ii) of the circular, beginning F.Y 2022, in the event of shortfall in the mandatory borrowing through debt securities, a fine of 0.2% of the shortfall shall be levied by Stock Exchanges at the end of the two-year block period. Therefore, an entity identified as LC shall provide, in its initial disclosure for a financial year, the name of Stock Exchange to which it would pay the fine in case of shortfall in the mandatory borrowing through debt markets.
We are enclosing herewith Certificate dated April 03, 2026 issued by M/s. Bigshare Services Pvt. Ltd, Registrar and Share Transfer Agent (RTA) of the company confirming the Compliances of Regulation 74(5) of the Securities and Exchange Board of India (Depositories and Participants) Regulation 2018, for the Fourth Quarter ended March 31, 2026.
Pursuant to SEBI (Prohibition of Insider Trading) Regulations, 2015, the Trading Window for dealing in the Equity Shares of the Company shall be closed for all the designated persons and their immediate relative from April 01, 2026, till 48 hours after declaration of Audited Financial Results of the Company for the Fourth Quarter and the Financial Year ended March 31, 2026.
Pursuant to the provisions of Regulation 30 and 47 of the SEBI (LODR) Regulations, 2015, please find enclosed copies of newspaper publications of the Un-Audited Financial Results for the Quarter and Nine Months ended December 31, 2025, approved at the Meeting of the Board of Directors held on Friday, February 13, 2026 in the following newspapers: 1. Active Times dated February 14, 2026. 2. Mumbai Lakshadeep dated February 14, 2026.
Pursuant to Regulation 33 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015, We are enclosing herewith the following: 1. Statement of Un-audited Financial Results for the Quarter and Nine Months Ended December 31, 2025 along with Limited Review Report of the Statutory Auditors thereon.
This is to inform the Exchange that pursuant to Regulation 30(2) of the Securities and Exchange Board of India (Listing Obligations and Disclosure Requirements) Regulations, 2015, the Meeting of Board of Directors of the Company was held on Friday, February 13, 2026 at 01:30 P.M at the registered office of the Company at 303, Tantia Jogani Industrial Estate, J R Boricha Marg, Lower Parel, Mumbai-400011 wherein the following decisions were taken: 1. Approval of Un-Audited Financial Results along with the Limited Review Report for the Quarter and Nine Months ended December 31, 2025 as per Regulation 33 of the Securities and Exchange Board of India (Listing Obligations and Disclosure Requirements) Regulations, 2015; The meeting commenced at 01:30 P.M. and concluded at 02:30 P.M.
| Particulars | Mar 2023 | Jun 2023 | Sep 2023 | Dec 2023 | Mar 2024 | Jun 2024 | Sep 2024 | Dec 2024 | Jun 2025 | Sep 2025 | Dec 2025 | Mar 2026 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Revenue from Operations | 0.03 | 0.23 | 0.44 | 0.82 | 0.15 | 0.37 | 0.41 | 0.08 | 0.02 | 1.13 | 0.10 | 0.19 |
| YOY Revenue Growth % | -75.35% | 128.21% | -26.41% | 2275.58% | 496% | 58.08% | -8.64% | -89.66% | -83.76% | 209.87% | -74.77% | 127.1% |
| Other Income | 0.08 | 0.03 | 0.06 | 0.02 | 0.12 | 0.05 | 0.10 | 0.01 | 0.04 | 0.14 | 0.02 | 0.05 |
| Total Income | 0.11 | 0.27 | 0.51 | 0.83 | 0.27 | 0.42 | 0.51 | 0.10 | 0.06 | 1.27 | 0.12 | 0.24 |
| Total Expenses + | 0.03 | 0.04 | 0.03 | 0.04 | 0.04 | 0.06 | 0.04 | 0.04 | 0.03 | 0.27 | 0.03 | 0.18 |
| Cost of Materials Consumed | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
| Employee Benefit Expense | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.01 | 0.01 | 0.01 | 0.01 | 0.01 | 0.01 | 0.01 |
| Other Expenses | 0.02 | 0.04 | 0.02 | 0.03 | 0.03 | 0.05 | 0.03 | 0.03 | 0.02 | 0.12 | 0.02 | 0.02 |
| Operating Profit | -0.01 | 0.19 | 0.42 | 0.78 | 0.11 | 0.31 | 0.36 | 0.04 | -0.01 | 0.86 | 0.07 | 0.01 |
| OPM % | -22.8% | 81.1% | 94.2% | 95.1% | 76.4% | 84.8% | 90% | 51.5% | -34.3% | 76% | 68.9% | 7.2% |
| Profit Before Tax + | 0.08 | 0.22 | 0.48 | 0.79 | 0.24 | 0.36 | 0.46 | 0.06 | 0.03 | 1.00 | 0.09 | 0.06 |
| Tax Expense | -0.01 | 0.02 | 0.05 | 0.06 | 0.05 | 0.04 | 0.06 | 0.01 | 0.01 | 0.16 | 0.01 | -0.02 |
| Tax % | -8.7% | 7.8% | 11.4% | 7.9% | 20.6% | 12.1% | 13.2% | 9.5% | 20.2% | 15.6% | 13.9% | -39.9% |
| Profit After Tax | 0.09 | 0.20 | 0.43 | 0.73 | 0.19 | 0.32 | 0.40 | 0.05 | 0.02 | 0.85 | 0.08 | 0.09 |
| EPS (Basic) | 0.02 | 0.03 | 0.07 | 0.12 | 0.03 | 0.04 | 0.04 | 0.01 | 0.00 | 0.09 | 0.01 | 0.01 |
| Particulars | Mar 2026 | Mar 2024 | Mar 2023 | Mar 2022 | Mar 2021 |
|---|---|---|---|---|---|
| Revenue from Operations | 1.45 | 1.64 | 0.76 | 1.09 | 0.62 |
| YOY Revenue Growth % | -11.52% | 115% | -30.09% | 76.37% | - |
| Other Income | 0.25 | 0.24 | 0.20 | 0.13 | 0.09 |
| Total Income | 1.70 | 1.88 | 0.96 | 1.22 | 0.70 |
| Total Expenses + | 0.51 | 0.14 | 0.11 | 0.10 | 0.10 |
| Employee Benefit Expense | 0.02 | 0.01 | 0.02 | 0.01 | 0.01 |
| Other Expenses | 0.20 | 0.12 | 0.09 | 0.08 | 0.08 |
| Operating Profit | 0.94 | 1.50 | 0.65 | 0.99 | 0.52 |
| OPM % | 64.5% | 91.2% | 85.2% | 90.6% | 84% |
| Profit Before Exceptional | 1.19 | 1.73 | 0.85 | 1.12 | 0.60 |
| Exceptional Items | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
| Profit Before Tax + | 1.19 | 1.73 | 0.85 | 1.12 | 0.60 |
| Tax Expense | 0.15 | 0.18 | 0.09 | 0.13 | 0.03 |
| Tax % | 12.6% | 10.6% | 10.7% | 11.5% | 4.9% |
| Profit After Tax | 1.04 | 1.55 | 0.76 | 0.99 | 0.58 |
| EPS (Basic) | 0.12 | 0.26 | 0.19 | 0.25 | 0.14 |
| Particulars | Mar 2026 | Mar 2024 | Mar 2023 | Mar 2022 | Mar 2021 |
|---|---|---|---|---|---|
| ASSETS | |||||
| Non-Current Assets + | 22.23 | 16.45 | 11.88 | 12.09 | 9.69 |
| Property, Plant & Equipment | 0.14 | 0.14 | 0.15 | 0.16 | 0.17 |
| Capital Work in Progress | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
| Non-Current Investments | 22.02 | 16.27 | 11.73 | 11.93 | 9.53 |
| Goodwill | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
| Other Intangible Assets | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
| Current Assets + | 0.04 | 2.74 | 1.55 | 0.78 | 0.04 |
| Inventories | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
| Trade Receivables | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
| Cash and Cash Equivalents | 0.04 | 0.00 | 0.00 | 0.75 | 0.02 |
| Current Investments | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
| LIABILITIES & EQUITY | |||||
| Total Equity | 19.06 | 18.92 | 13.26 | 12.64 | 9.60 |
| Equity Share Capital | 9.00 | 6.00 | 4.00 | 4.00 | 4.00 |
| Other Equity | 10.06 | 12.92 | 9.26 | 8.64 | 5.60 |
| Non-Current Liabilities | 0.06 | 0.06 | 0.06 | 0.06 | 0.06 |
| Current Liabilities | 3.16 | 0.21 | 0.11 | 0.17 | 0.08 |
| Total Liabilities | 3.22 | 0.27 | 0.17 | 0.23 | 0.14 |
| Particulars | Mar 2026 | Mar 2024 | Mar 2023 | Mar 2022 | Mar 2021 |
|---|---|---|---|---|---|
| Cash from Operating Activities | 0.05 | -1.28 | -1.65 | 0.97 | -0.02 |
| Cash from Investing Activities | 0.07 | 1.28 | 0.89 | 0.77 | -1.17 |
| Cash from Financing Activities | -0.09 | 0.00 | 0.00 | 0.00 | 0.00 |
| Net Increase/Decrease in Cash | 0.03 | 0.00 | -0.76 | 1.74 | -1.18 |