In continuation to our letter dated 2.6.2026 regarding postal ballot notice, copies of newspaper publication dated 4.6.2026 as published in Financial Express and Jansatta are enclosed herewith.
This is in continuation to company's letter dated 22.5.2026 on the captioned subject. The relevant details and disclosures pertaining to the above letter under Regulation 30 (12) and Regulation 30(13) of SEBI (LODR) Regulation are given in the letter.
Further to our letter dated 28.05.2026 and pursuant to Regulation 30 read with Para A Part A of Schedule III of SEBI (LODR) Regulations 2015, copy of the notice of Postal Ballot dated 28.05.2026 together with explanatory statement is attached.
Pursuant to Regulation 24A of SEBI (LODR) Regulations, 2015. please find enclosed herewith Secretarial Compliance Report of the Company issued by Deepak Bansal & Associates, Practicing Company Secretaries for the Financial Year ended 31st March, 2026.
The Audiited financial results Audited Financial Results for the fourth quarter & Financial Year ended 315t March, 2026 and matters related to voluntary delisting process including Postal Ballot Process — Cutoff date thereof is attached herewith
Pursuant to Reg. 30 read with Para A of Part A of Schedule III of SEBI LODR Regulations, we hereby inform you that the company has received an Administrative Warning and Advisory Letter from SEBI on 21.05.2026 via email. The details required under Reg. 30 read with SEBI Master Circular No. HO/49/14/14(7)2025-CFD-POD2/1/3762/2026 dated 30.01.2026 as amended are enclosed herewith as Annexure-A. A copy of SEBI 's Administrative Warning and Advisory dated 21.05.2026 is also enclosed herewith as Annexure-B.
We wish to inform you that pursuant to Regulation 29 and 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 is scheduled to be held on Thursday the 28th May, 2026 inter alia to consider and approve the audited financial results for the financial year and quarter ended 31st March, 2026 and consideration of dividend, if any and matters related to voluntary delisting process initiated in the Company w.r.t. SEBI Letter dated 03.12.2024.
Compliance certificate under Reg. 74(5) of SEBI (DP) Regulation, 2018 for the quarter ended 31st March, 2026 is attached.
Disclosure under Regulation 31(4) of SEBI (SAST) Regulation, 2011 from the promoters of the company for the financial year ended 31st March, 2026 is enclosed.
We wish to inform you that the Trading Window for dealing in securities of the company shall remain closed for all insiders including designated persons and their immediate relatives from 1st April, 2026 till 48 hours after declaration of audited financial results of the company for the quarter and year ending on 31st March, 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 | 26.98 | 24.52 | 46.91 | 48.10 | 21.26 | 27.25 | 55.22 | 49.19 | 28.86 | 25.35 | 56.77 | 50.78 |
| YOY Revenue Growth % | 4.09% | 14.28% | 12.86% | 14.85% | -21.21% | 11.11% | 17.72% | 2.26% | 35.77% | -6.97% | 2.81% | 3.25% |
| Other Income | 1.06 | 1.15 | 1.24 | 1.81 | 1.08 | 1.19 | 1.40 | 2.59 | 1.51 | 1.56 | 1.96 | 1.83 |
| Total Income | 28.04 | 25.67 | 48.14 | 49.91 | 22.34 | 28.43 | 56.62 | 51.78 | 30.37 | 26.90 | 58.73 | 52.61 |
| Total Expenses + | 22.15 | 24.76 | 30.42 | 32.13 | 23.30 | 26.85 | 33.85 | 35.46 | 26.02 | 29.56 | 36.54 | 33.30 |
| Cost of Materials Consumed | 3.92 | 4.07 | 5.87 | 6.37 | 3.54 | 4.45 | 7.14 | 6.32 | 4.41 | 4.34 | 7.86 | 6.25 |
| Employee Benefit Expense | 6.16 | 6.82 | 7.57 | 7.73 | 7.74 | 8.50 | 8.71 | 8.44 | 8.50 | 9.05 | 9.17 | 10.01 |
| Other Expenses | 10.13 | 11.95 | 14.84 | 16.04 | 9.91 | 11.96 | 15.45 | 18.59 | 10.86 | 13.94 | 18.13 | 16.66 |
| Operating Profit | 4.83 | -0.24 | 16.49 | 15.97 | -2.04 | 0.39 | 21.37 | 13.73 | 2.84 | -4.21 | 20.23 | 17.49 |
| OPM % | 17.9% | -1% | 35.2% | 33.2% | -9.6% | 1.4% | 38.7% | 27.9% | 9.9% | -16.6% | 35.6% | 34.4% |
| Profit Before Tax + | 5.89 | 0.91 | 17.72 | 17.78 | -0.96 | 1.58 | 22.77 | 16.32 | 4.35 | -2.66 | 22.19 | 19.31 |
| Tax Expense | 1.38 | 0.23 | 4.30 | 4.58 | -0.24 | 0.40 | 5.73 | 4.10 | 1.10 | -0.67 | 5.58 | 4.95 |
| Tax % | 23.4% | 25.2% | 24.3% | 25.8% | - | 25.2% | 25.2% | 25.1% | 25.2% | - | 25.2% | 25.6% |
| Profit After Tax | 4.51 | 0.68 | 13.43 | 13.20 | -0.72 | 1.18 | 17.04 | 12.23 | 3.26 | -1.99 | 16.60 | 14.37 |
| EPS (Basic) | 8.36 | 1.26 | 24.86 | 24.44 | -1.33 | 2.19 | 31.56 | 22.64 | 6.03 | -3.68 | 30.75 | 26.60 |
| Particulars | Mar 2026 | Mar 2025 | Mar 2024 | Mar 2023 | Mar 2022 | Mar 2021 |
|---|---|---|---|---|---|---|
| Revenue from Operations | 161.76 | 152.91 | 146.51 | 130.82 | 71.95 | 32.86 |
| YOY Revenue Growth % | 5.79% | 4.37% | 11.99% | 81.82% | 118.94% | - |
| Other Income | 6.85 | 6.26 | 5.25 | 3.68 | 2.73 | 2.56 |
| Total Income | 168.62 | 159.17 | 151.76 | 134.50 | 74.68 | 35.42 |
| Total Expenses + | 125.42 | 119.45 | 109.46 | 102.68 | 65.79 | 46.01 |
| Cost of Materials Consumed | 22.87 | 21.45 | 20.23 | 19.23 | 11.84 | 5.06 |
| Employee Benefit Expense | 36.72 | 33.39 | 28.28 | 23.32 | 16.16 | 14.54 |
| Other Expenses | 59.58 | 55.91 | 52.96 | 52.66 | 31.39 | 19.89 |
| Operating Profit | 36.35 | 33.45 | 37.05 | 28.14 | 6.16 | -13.15 |
| OPM % | 22.5% | 21.9% | 25.3% | 21.5% | 8.6% | -40% |
| Profit Before Exceptional | 43.20 | 39.72 | 42.30 | 31.82 | 8.89 | -10.59 |
| Exceptional Items | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
| Profit Before Tax + | 43.20 | 39.72 | 42.30 | 31.82 | 8.89 | -10.59 |
| Tax Expense | 10.96 | 9.98 | 10.48 | 8.46 | 2.17 | -2.91 |
| Tax % | 25.4% | 25.1% | 24.8% | 26.6% | 24.4% | - |
| Profit After Tax | 32.24 | 29.73 | 31.82 | 23.36 | 6.73 | -7.68 |
| EPS (Basic) | 59.70 | 55.06 | 58.92 | 43.27 | 12.46 | -14.22 |
| Particulars | Mar 2026 | Mar 2025 | Mar 2024 | Mar 2023 | Mar 2022 | Mar 2021 |
|---|---|---|---|---|---|---|
| ASSETS | ||||||
| Non-Current Assets + | 144.81 | 85.03 | 75.42 | 100.57 | 64.54 | 66.32 |
| Property, Plant & Equipment | 73.54 | 71.19 | 63.61 | 60.86 | 62.42 | 54.77 |
| Capital Work in Progress | 5.37 | 0.58 | 0.50 | 2.76 | 0.73 | 9.61 |
| Non-Current Investments | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
| Goodwill | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
| Other Intangible Assets | 0.06 | 0.05 | 0.02 | 0.01 | 0.01 | 0.01 |
| Current Assets + | 101.88 | 127.03 | 106.22 | 47.74 | 50.19 | 44.16 |
| Inventories | 2.71 | 2.44 | 2.78 | 2.13 | 2.26 | 2.01 |
| Trade Receivables | 5.17 | 6.24 | 7.52 | 6.42 | 3.94 | 2.81 |
| Cash and Cash Equivalents | 18.95 | 17.27 | 8.75 | 5.70 | 6.22 | 3.93 |
| Current Investments | 43.76 | 34.82 | 25.55 | 15.49 | 6.80 | 6.29 |
| LIABILITIES & EQUITY | ||||||
| Total Equity | 213.25 | 181.44 | 151.64 | 119.85 | 96.31 | 89.83 |
| Equity Share Capital | 5.40 | 5.40 | 5.40 | 5.40 | 5.40 | 5.40 |
| Other Equity | 207.85 | 176.04 | 146.24 | 114.45 | 90.91 | 84.43 |
| Non-Current Liabilities | 3.47 | 2.54 | 3.10 | 3.19 | 3.77 | 1.66 |
| Current Liabilities | 29.97 | 28.07 | 26.90 | 25.26 | 14.66 | 19.00 |
| Total Liabilities | 33.44 | 30.61 | 30.00 | 28.45 | 18.43 | 20.66 |
| Particulars | Mar 2026 | Mar 2025 | Mar 2024 | Mar 2023 | Mar 2022 | Mar 2021 |
|---|---|---|---|---|---|---|
| Cash from Operating Activities | 75.77 | 36.38 | -3.87 | 52.71 | 5.25 | -0.54 |
| Cash from Investing Activities | -74.99 | -27.52 | 6.93 | -52.25 | -5.10 | 0.58 |
| Cash from Financing Activities | 0.91 | -0.33 | -0.01 | -0.98 | 2.14 | -3.00 |
| Net Increase/Decrease in Cash | 1.68 | 8.52 | 3.06 | -0.52 | 2.29 | -2.96 |