Intimation regarding submission of application to the Stock Exchanges for Reclassification of Persons forming part of the ‘Promoter/ Promoter Group’ category to the ‘Public’ category
Newspaper Publication for Audited Financial Results (Standalone & Consolidated) for the quarter & year ended 31.03.2026
Annual Secretarial Compliance Report under Regulation 24A of SEBI (Listing Obligations and Disclosure Requirements), 2015 for the financial year ended March 31, 2026
Intimation pursuant to Regulation 30 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015-Availing of term loan facility
Approval of requests of Reclassification from Promoter Group category to public Category pursuant to Regulation 31A of SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015
Pursuant to Regulation 30 of the Securities and Exchange Board of India (Listing Obligations and Disclosure Requirements) Regulations, 2015 (“Listing Regulations”), we hereby inform you that, on recommendations of Audit Committee, the Board of Directors of the Company, at its meeting held today, i.e. Wednesday, May 27, 2026, has approved the appointment of M/s Doogar & Associates (D&A), Chartered Accountants (ICAI Firm Registration No. 000561N), as the Statutory Auditors of the company for a term of five years, commencing from the conclusion of the 33rd Annual General Meeting till the conclusion of the 38th Annual General Meeting, subject to approval of the Shareholders.
Intimation under Regulation 30 of SEBI (LODR) Regulations, 2015-Appointment of Internal Auditors
Audited Financial Results (Standalone & Consolidated) for the quarter & year ended March 31, 2026
Outcome of the Board Meeting held on Wednesday, May 27, 2026, in terms of Regulation 30 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015
Execution of Memorandum of Understanding
| Particulars | Jun 2023 | Sep 2023 | Dec 2023 | Mar 2024 | Jun 2024 | Sep 2024 | Dec 2024 | Mar 2025 | Jun 2025 | Sep 2025 | Dec 2025 | Mar 2026 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Revenue from Operations | 0.68 | 0.28 | 0.02 | 4.90 | 0.35 | 0.58 | 0.56 | 0.83 | 3.90 | 8.27 | 2.26 | 218.23 |
| YOY Revenue Growth % | 184.07% | 14.86% | -98.35% | 806.28% | -49.06% | 111.49% | 2615.53% | -83.08% | 1029.04% | 1321.66% | 303.95% | 26233.45% |
| Other Income | 3.33 | 0.12 | 0.43 | 5.97 | 0.58 | 34.70 | 1.35 | 11.88 | 1.19 | 23.16 | -17.12 | 6.84 |
| Total Income | 4.00 | 0.39 | 0.45 | 10.87 | 0.92 | 35.28 | 1.91 | 12.71 | 5.09 | 31.43 | -14.86 | 225.07 |
| Total Expenses + | 3.27 | 2.56 | 3.63 | 5.13 | 12.66 | 8.27 | 13.93 | 142.57 | 41.63 | 42.90 | 27.57 | 260.66 |
| Cost of Materials Consumed | 0.34 | 0.00 | -0.34 | 1.56 | 0.00 | 0.00 | 0.00 | -0.27 | 0.80 | 2.07 | 1.04 | 182.02 |
| Employee Benefit Expense | 0.25 | 0.26 | 0.25 | 0.29 | 0.24 | 0.31 | 0.30 | 1.52 | 2.03 | 4.01 | 2.36 | 1.88 |
| Other Expenses | 1.39 | 1.01 | 2.33 | 1.88 | 10.69 | 5.82 | 10.66 | 135.68 | 36.33 | 31.89 | 21.25 | 58.35 |
| Operating Profit | -2.60 | -2.28 | -3.61 | -0.24 | -12.31 | -7.69 | -13.37 | -141.74 | -37.73 | -34.63 | -25.31 | -42.44 |
| OPM % | -383.1% | -829.3% | -17522.8% | -4.8% | -3567.8% | -1322.1% | -2390.1% | -17104% | -968.5% | -418.6% | -1120.2% | -19.4% |
| Profit Before Tax + | 0.73 | -2.17 | -3.18 | 5.74 | -11.74 | 27.01 | -12.02 | -129.86 | -20.82 | 4.26 | -43.86 | -35.60 |
| Tax Expense | 0.28 | 0.16 | -0.04 | 0.71 | -0.01 | 3.85 | -0.13 | -16.34 | 14.76 | 19.85 | -2.64 | -4.43 |
| Tax % | 37.7% | - | - | 12.4% | - | 14.3% | - | - | - | 466.4% | - | - |
| Profit After Tax | 0.45 | -2.32 | -3.14 | 5.02 | -11.73 | 23.16 | -11.89 | -113.52 | -35.57 | -15.60 | -41.22 | -31.17 |
| EPS (Basic) | 0.42 | -2.14 | -2.90 | 4.63 | -10.82 | 21.37 | -10.97 | -104.74 | -32.82 | -14.39 | -21.34 | -16.13 |
| Particulars | Mar 2026 | Mar 2025 | Mar 2024 | Mar 2023 | Mar 2022 | Mar 2021 |
|---|---|---|---|---|---|---|
| Revenue from Operations | 228.76 | 178.30 | 5.87 | 2.27 | 3.86 | 4.62 |
| YOY Revenue Growth % | 28.3% | 2937.53% | 158.96% | -41.31% | -16.33% | - |
| Other Income | 12.88 | 51.34 | 9.84 | 33.60 | 22.19 | 1.70 |
| Total Income | 241.64 | 229.63 | 15.71 | 35.86 | 26.05 | 6.32 |
| Total Expenses + | 341.28 | 231.81 | 14.59 | 13.71 | 11.43 | 28.32 |
| Cost of Materials Consumed | 185.13 | 177.37 | 1.56 | 1.17 | 0.29 | 0.00 |
| Employee Benefit Expense | 8.25 | 5.24 | 1.06 | 0.90 | 0.90 | 0.78 |
| Other Expenses | 121.64 | 37.09 | 6.60 | 1.44 | 5.47 | 20.75 |
| Operating Profit | -112.53 | -53.51 | -8.72 | -11.44 | -7.57 | -23.70 |
| OPM % | -49.2% | -30% | -148.6% | -504.8% | -195.9% | -513.5% |
| Profit Before Exceptional | -99.64 | -2.18 | 1.12 | 22.15 | 14.62 | -22.00 |
| Exceptional Items | 14.29 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
| Profit Before Tax + | -85.35 | -2.18 | 1.12 | 22.15 | 14.62 | -22.00 |
| Tax Expense | 2.63 | -65.85 | 1.11 | 0.09 | 0.39 | 0.20 |
| Tax % | - | - | 99.2% | 0.4% | 2.7% | - |
| Profit After Tax | -87.99 | 63.68 | 0.01 | 22.07 | 14.23 | -22.20 |
| EPS (Basic) | -45.55 | 58.75 | 0.01 | 20.38 | 13.87 | -29.84 |
| Particulars | Mar 2026 | Mar 2025 | Mar 2024 | Mar 2023 | Mar 2022 | Mar 2021 |
|---|---|---|---|---|---|---|
| ASSETS | ||||||
| Non-Current Assets + | 370.53 | 344.53 | 109.40 | 80.25 | 70.33 | 53.27 |
| Property, Plant & Equipment | 10.57 | 6.56 | 3.18 | 3.50 | 4.05 | 4.41 |
| Capital Work in Progress | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
| Non-Current Investments | 188.04 | 168.08 | 0.00 | 76.64 | 66.20 | 48.76 |
| Goodwill | 42.14 | 42.14 | 0.00 | 0.00 | 0.00 | 0.00 |
| Other Intangible Assets | 1.41 | 0.51 | 18.97 | 0.00 | 0.00 | 0.00 |
| Current Assets + | 848.13 | 761.56 | 17.71 | 36.87 | 26.30 | 25.67 |
| Inventories | 679.95 | 665.93 | 14.54 | 15.66 | 16.83 | 17.12 |
| Trade Receivables | 54.21 | 19.65 | 0.45 | 0.72 | 0.49 | 0.45 |
| Cash and Cash Equivalents | 32.53 | 11.80 | 0.52 | 1.24 | 0.35 | 0.16 |
| Current Investments | 4.04 | 39.99 | 0.50 | 3.46 | 0.36 | 0.00 |
| LIABILITIES & EQUITY | ||||||
| Total Equity | 318.90 | 336.52 | -15.70 | -15.70 | -37.78 | -55.43 |
| Equity Share Capital | 19.32 | 10.84 | 10.84 | 10.84 | 10.84 | 7.44 |
| Other Equity | 259.31 | 265.63 | -26.53 | -26.54 | -48.62 | -62.87 |
| Non-Current Liabilities | 226.55 | 176.90 | 138.66 | 130.72 | 129.42 | 128.64 |
| Current Liabilities | 673.21 | 592.67 | 4.15 | 2.10 | 5.00 | 5.72 |
| Total Liabilities | 899.76 | 769.57 | 142.81 | 132.82 | 134.42 | 134.36 |
| Particulars | Mar 2026 | Mar 2025 | Mar 2024 | Mar 2023 | Mar 2022 | Mar 2021 |
|---|---|---|---|---|---|---|
| Cash from Operating Activities | -23.28 | -120.97 | 19.44 | 3.45 | 1.80 | -0.47 |
| Cash from Investing Activities | -33.38 | -31.64 | -22.64 | 1.06 | -1.49 | -3.34 |
| Cash from Financing Activities | 77.39 | 162.76 | 2.47 | -3.70 | -0.12 | 2.36 |
| Net Increase/Decrease in Cash | 20.73 | 10.15 | -0.72 | 0.81 | 0.19 | -1.44 |