This has reference to our letter dated June 17, 2026, informing about the meetings of (i) Equity Shareholders; (ii) Secured Creditors; and (iii) Unsecured Creditors, to be held on Saturday, July 18, 2026, pursuant to the directions given by the Ahmedabad Bench of the Hon'ble National Company Law Tribunal vide its order dated June 04, 2026, in the matter of the proposed Scheme of Arrangement of Eulogia Inn Private Limited with Praveg Limited and its Shareholders and Creditors. In this regard, we enclose herewith copies of the advertisement of notice of aforesaid meetings, published in the following newspapers today, i.e., Thursday, July 18, 2026: a) Indian Express in English language; and b) Divya Bhaskar in Vernacular (Gujarati) language.
NCLT convened Meeting Scheduled on July 18, 2026
Pursuant to Regulation 30 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015 read with sub-para 8 of para B of Part A of Schedule III thereto and the provisions of Annexure 18 of SEBI Master Circular No. SEBI/HO/CFD/PoD2/CIR/P/0155 dated January 30, 2026, we hereby provide an update in respect of the order of the Deputy State Tax Office, Roving Squad-V, Chengalpattu Intelligence against Praveg Limited on December 18, 2024. Against the order involving a disputed amount of Rs. 17,83,112/-, the Company had preferred an appeal before the Appellate Authority. The Appellate Authority, vide its order dated June 5, 2026, has substantially allowed the Company's appeal and determined the liability at Rs. 20,000/- only.
Pursuant to Regulation 30 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015 read with sub-para 8 of para B of Part A of Schedule III thereto and the provisions of Annexure 18 of SEBI Master Circular No. SEBI/HO/CFD/PoD2/CIR/P/0155 dated January 30, 2026, we hereby provide an update in respect of the Show Cause Notice issued under Section 74(1) of the Central Goods and Services Tax Act, 2017 read with Section 122 thereof against Praveg Limited, which was previously disclosed by the Company on August 22, 2025. The information as required under sub-para 8 of para B of Part A of Schedule III to the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015 read with Annexure 18 of SEBI Master Circular No. SEBI/HO/CFD/PoD2/CIR/P/0155 dated January 30, 2026 is enclosed herewith.
Pursuant to Regulation 30 of the Securities and Exchange Board of India (Listing Obligations and Disclosure Requirements) Regulations, 2015, please find enclosed Investor Presentation on Audited Financial Results (Standalone and Consolidated) of the Company for the quarter and year ended March 31, 2026.
The Secretarial Compliance Report for the financial year ended March 31, 2026, duly issued by M/s. ALAP & Co. LLP, Practicing Company Secretaries, is attached.
Media Release - Consolidated and Standalone Audited Financial Results for quarter / year ended March 31, 2026
Based on recommendation of NRC, granted ESOP to the eligible employees of the company.
Audited Financial Results for the quarter and year ended March 31, 2026 are attached herewith.
Outcome of the Board Meeting held on May 29, 2026
| 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 | 11.97 | 14.03 | 32.89 | 32.52 | 23.40 | 23.69 | 43.04 | 42.49 | 29.27 | 26.29 | 73.61 | 54.46 |
| YOY Revenue Growth % | -40.33% | -18.75% | 16.11% | 73.7% | 95.53% | 68.84% | 30.86% | 30.65% | 25.11% | 10.95% | 71.01% | 28.15% |
| Other Income | 0.48 | 0.60 | 0.90 | 0.97 | 1.29 | 4.11 | 0.44 | 1.13 | 0.61 | 0.38 | 0.07 | 0.07 |
| Total Income | 12.45 | 14.64 | 33.79 | 33.50 | 24.68 | 27.81 | 43.48 | 43.62 | 29.88 | 26.67 | 73.68 | 54.52 |
| Total Expenses + | 10.80 | 12.52 | 24.95 | 27.14 | 23.66 | 25.90 | 33.23 | 40.52 | 36.45 | 36.80 | 64.52 | 56.31 |
| Cost of Materials Consumed | 0.00 | 0.00 | 0.00 | 14.73 | 10.31 | 11.79 | 15.99 | 20.07 | 17.33 | 14.19 | 39.55 | 29.40 |
| Employee Benefit Expense | 1.81 | 2.85 | 5.30 | 6.05 | 4.67 | 5.03 | 6.54 | 7.49 | 6.55 | 6.78 | 9.68 | 10.20 |
| Other Expenses | 5.70 | 7.31 | 15.24 | 3.36 | 2.08 | 2.33 | 3.44 | 4.16 | 2.70 | 5.27 | 5.01 | 6.27 |
| Operating Profit | 1.16 | 1.52 | 7.94 | 5.39 | -0.27 | -2.20 | 9.81 | 1.97 | -7.18 | -10.51 | 9.09 | -1.85 |
| OPM % | 9.7% | 10.8% | 24.1% | 16.6% | -1.1% | -9.3% | 22.8% | 4.6% | -24.5% | -40% | 12.4% | -3.4% |
| Profit Before Tax + | 1.64 | 2.12 | 8.84 | 6.36 | 1.02 | 1.91 | 10.25 | 3.10 | -6.57 | -10.13 | 9.16 | -1.79 |
| Tax Expense | 0.47 | 0.02 | 0.75 | 4.82 | 0.26 | 0.48 | 2.61 | 0.08 | 0.00 | 0.00 | 0.65 | 2.10 |
| Tax % | 28.9% | 1.1% | 8.5% | 75.9% | 25.2% | 25.2% | 25.4% | 2.5% | - | - | 7.1% | - |
| Profit After Tax | 1.17 | 2.10 | 8.09 | 1.54 | 0.76 | 1.43 | 7.64 | 3.03 | -6.57 | -10.13 | 8.50 | -3.89 |
| EPS (Basic) | 0.53 | 0.98 | 3.55 | 0.68 | 0.30 | 0.56 | 2.96 | 1.18 | -2.51 | -3.88 | 3.25 | -1.49 |
| Particulars | Mar 2026 | Mar 2025 | Mar 2024 | Mar 2023 | Mar 2022 | Mar 2021 |
|---|---|---|---|---|---|---|
| Revenue from Operations | 183.63 | 132.63 | 91.42 | 84.38 | 44.99 | 45.27 |
| YOY Revenue Growth % | 38.45% | 45.08% | 8.34% | 87.56% | -0.62% | - |
| Other Income | 1.12 | 6.97 | 2.96 | 0.38 | 0.04 | 0.43 |
| Total Income | 184.75 | 139.60 | 94.37 | 84.76 | 45.03 | 45.70 |
| Total Expenses + | 194.09 | 123.31 | 75.41 | 46.29 | 28.47 | 31.37 |
| Cost of Materials Consumed | 100.47 | 58.14 | 38.00 | 0.00 | 0.00 | 0.00 |
| Employee Benefit Expense | 33.22 | 23.72 | 16.00 | 6.64 | 4.77 | 3.77 |
| Other Expenses | 19.25 | 12.03 | 8.33 | 32.87 | 20.52 | 25.62 |
| Operating Profit | -10.46 | 9.32 | 16.01 | 38.09 | 16.52 | 13.90 |
| OPM % | -5.7% | 7% | 17.5% | 45.1% | 36.7% | 30.7% |
| Profit Before Exceptional | -9.34 | 16.28 | 18.97 | 38.47 | 16.56 | 14.32 |
| Exceptional Items | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
| Profit Before Tax + | -9.34 | 16.28 | 18.97 | 38.47 | 16.56 | 14.32 |
| Tax Expense | 2.75 | 3.42 | 6.07 | 10.09 | 4.34 | 3.52 |
| Tax % | - | 21% | 32% | 26.2% | 26.2% | 24.6% |
| Profit After Tax | -12.09 | 12.86 | 12.89 | 28.38 | 12.23 | 10.80 |
| EPS (Basic) | -4.62 | 5.00 | 5.73 | 14.75 | 6.61 | 5.86 |
| Particulars | Mar 2026 | Mar 2025 | Mar 2024 | Mar 2023 | Mar 2022 | Mar 2021 |
|---|---|---|---|---|---|---|
| ASSETS | ||||||
| Non-Current Assets + | 427.86 | 415.24 | 205.50 | 65.24 | 16.75 | 6.40 |
| Property, Plant & Equipment | 169.88 | 158.08 | 122.37 | 33.75 | 8.01 | 5.37 |
| Capital Work in Progress | 147.85 | 130.68 | 13.09 | 7.69 | 2.30 | 0.00 |
| Non-Current Investments | 22.37 | 22.36 | 0.11 | 0.22 | 0.21 | 0.21 |
| Goodwill | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
| Other Intangible Assets | 84.62 | 95.54 | 0.03 | 0.03 | 0.03 | 0.04 |
| Current Assets + | 162.82 | 136.00 | 158.94 | 60.37 | 21.20 | 20.68 |
| Inventories | 12.15 | 11.98 | 12.10 | 11.74 | 4.43 | 4.29 |
| Trade Receivables | 50.97 | 33.04 | 19.97 | 16.28 | 13.69 | 5.81 |
| Cash and Cash Equivalents | 17.56 | 8.19 | 63.36 | 4.76 | 0.32 | 9.11 |
| Current Investments | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
| LIABILITIES & EQUITY | ||||||
| Total Equity | 437.33 | 451.92 | 287.76 | 112.49 | 27.69 | 19.16 |
| Equity Share Capital | 26.14 | 26.14 | 24.53 | 20.92 | 18.48 | 18.48 |
| Other Equity | 411.19 | 425.77 | 263.22 | 91.57 | 9.20 | 0.67 |
| Non-Current Liabilities | 63.89 | 64.71 | 64.71 | 1.03 | 2.01 | 2.58 |
| Current Liabilities | 89.47 | 34.61 | 11.98 | 12.10 | 8.24 | 5.34 |
| Total Liabilities | 153.36 | 99.32 | 76.69 | 13.12 | 10.25 | 7.92 |
| Particulars | Mar 2026 | Mar 2025 | Mar 2024 | Mar 2023 | Mar 2022 | Mar 2021 |
|---|---|---|---|---|---|---|
| Cash from Operating Activities | 38.59 | 19.87 | 17.30 | 25.21 | 6.59 | 14.19 |
| Cash from Investing Activities | -48.19 | -222.97 | -179.04 | -72.61 | -12.90 | 0.74 |
| Cash from Financing Activities | 18.97 | 147.93 | 220.34 | 52.06 | -2.48 | -8.34 |
| Net Increase/Decrease in Cash | 9.37 | -55.17 | 58.60 | 4.66 | -8.79 | 6.59 |