Mar 31, 2026
Bonua shares
During the financial year 2025-2026, the Company has Issued bonus shares In the ratio of 1340:1 (1340 shares Tor every 1 existing share) to the shareholders as pertha resolution dated June 2,2025. These shares were issued out of reserves and surplus amounting to Rs 13,40,00,000. i.e 1.34.00.000 shares at a face value of Rs 10/- oer share.
Imu» of Share* through Private P La cement
During the financial year 2025-2026, the Company has issued shares through private placements as per board resolution dated JuLy 15,2025 & August 22,2025-These shares were issued at Rs 74/- per share with a face value of Rs 10/- and premium of Rs 64/- per share.
Transfer of shares by Offerfar Sate (OFS)
The Offer for Sale (OFS) component of the IPO comprising of 5,08,600 equity shares of T10/- each at a price of T72 per share aggregating to ?366.34 Lakhs was offered by the Selling Shareholders. The OFS shares do not result in any increase in the share capital or securities premium
of the Comoanv as the proceeds from OFS are remitted to the resoective Selling Shareholders.
Itiu* nf Shares through Initial Public Offer (IPO)
The Company had raised monry through Initial Public Offer (''IPO") and had got listed on NSE-Emerge SME platform by way of fresh Issue of 45,31,200 fully paid-up euity shares of face value of Rs.10 each at a premium of Rs.62 each.
Terma/Rightt attached to equity share*
The company has only one class of equity shares having a par value of Rs. 10/- per share. Each holder of equity shares is entitled to one vote per share. The Company declares and pays dividends In Indian rupees. The dividend proposed by the Board of Directors Is subject to the approval of the shareholders In the ensuing Annual General Meeting exceot interim dividend.
In the event of liquidation of the company, the holders of the equity shares will be entitled to receive remaining assets of the company, after distribution of all preferential amounts. The distribution will be In proportion to the number of equity shares held by the shareholders.
Note: Out of th« total proceeds of (3128.80 lakhs, an amount of ( 368.33 lakhs represents Offar for Sala procaads payabls to tha sailing shareholders and TO69.87 towards share issua/lPO related expenses. The same have not been included in the above utilisation schedule
b) Details of Benaml Property held
No proceedings have been initiated on or are pending against the company tor holding benaml property under the Benaml Transactions {Prohibition) Act, 1986 (45 of 1988) and Rules made thereunder
The Company has not been declared wilful defaulter by any bank or financial institutions or government or any government authority, d} Relationship with struck off Companies
The Company has no transactions with the companies struck off under the Companies Act, 2013.
The Company has complied with the number of Layers prescribed under the Companies Act, 2013.
f) Compliance with approved scheme(s) of arrangements
Tha Company has not entered into any scheme of arrangement which has an accounting impact on current or previous financialyear.
g) Utilization of Borrowed funds and Slurs premium
A. No funds have been advanced or loaned or invested (either from borrowed funds or share premium or any other sources or kind of funds) by the Company to or in any other persons or entities, including foreign entities ("Intermediariesâ), with the understanding, whether recorded in writing or otherwise, that the Intermediary shall, directly or Indirectly lend or Invest In other persons or entitles Identified In any manner whatsoever (âUltimate Beneficiaries") by or on behalf of the Company or provide any guarantee, security or the like on behalf of Ihe Ultimate Beneficiaries.
B. No funds have been received by the Company from any persons or entities, including foreign entities ("Funding Partiesâ), with the understanding, whether recorded in writing or otherwise, that the Company shall directly or indirectly, lend or invest in other persons or entitles Identified In any manner whatsoever ("Ultimate Beneficiariesâ) by or on behalf of the Funding Parties or provide any guarantee, security or the like on behalf of the Ultimate Beneficiaries.
h) Undisclosed Income
There is no income surrendered or disclosed as Income during the current or previous year in the tex assessments under the Income Tax Act, 1961, that has not been recorded in the books of account.
i) i>etalls of Crypto currency of virtual currency
The Company has not traded or invested in ciypto currency or virtual currency during the current or previous year.
The Company has not revalued its property, plantand equipment (including right-of-use assets) or IntengibLe assets duringthe current or previous year.
The title deeds of all the immovable properties are held In the name of the Company.
l) Registration of charges or satisfaction with Registrar of Companies
There are no charges or satisfaction which are yet to ba registered with the Registrar of Companies beyond the statutory period.
There are no CIC in the group.
Primary & CttlMmt Saaurtty 1 Collateral Security:
1 Immovable Fixed Asset situated at Unit No 401, Hire nan deni, Powai Plaza Premises Co, Village Hiranandani, Mumbai, Maharashtra, India, 400076 (owned by '' Mrs. Naaeem Esmall Kapaal] and Currant Assets of the company.
Exclusive Charge by way of Hypothecatfon on Current Assets (Stocks & Book Debts) and Movable Fixed Assets tor both present and future of the company. 1.2 And Equitable / Registered Mortgage on Property situated at Unit No 401, Hiranandani Powai Plaza Premises Coop Society Ltd, CIS No 5 Village Hiranandani Garden Powai (owned by Mrs. Naseem Esmall Kapasi).
Registered Mortgage on property situated at Office No. 402,4th Floor Powai Plaza, Hiranandani Gardens, Central Eve Road, Powai, Mumbai 400076 (owned 13 by Mrs, Naseem Esmail Kapasi).
Immovable Fixed Asset situated at Gela no-C28, C28A, C27, C27A, Raj Industrial Complex Premises CSL, Military Road, Marol, Andherl East Mumbai 400059
1.4 and office no. 402,4th Floor, Powai Plaza, Hiranandani Gardens, Central Eva Road, Powai, Mumbai 400076 (both assets are owned by Mrs. Naseem Esmail Kapasi).
1.5 Hypothecation of Capital Asset- Car.
In ICICI Bank Cash Credit Facility Personal Guarantee is provided by Esmail Kapasi, Kumsrshri Rajiv Bahety, Naseem Kapasi, Mustafa Esmall Kapasi, Mariya Mustafa kapasi and Semikshe Kumsrshri Bahety.
In the Yes Bsnk Working Capital Demand Loan - Adhoc facility end Import Financing facility, the co-borrowers are Mustafa Esmall Kapasi, Mariya Mustafa Kapasi, Samlksha Kumarahrl Bahety, Naseem Esmall Kapasi, Kumsrshri Rsjkumar Bahety, and Esmall Fakhruddln Kapasi.
In the Tata Capital Limited Dropline Term Loan and Tata Capital Financial Services Limited Business Loan, the co-borrowers are Mustafa Esmail Kapasi, Esmail Fakhruddin Kapasi, Naseem Esmall Kapasi, and Kumsrshri Rajiv Bahety.
The above information regarding micro and small enterprises has been determined to the set art such parties have bean identified on the basis of Information available with tha Company.
Note 39: Undisclosed Income
The Company shall give details of any transaction not recorded in the books of accounts that has been surrendered or disclosed as income during the year in the tax assessments under the Income Tax Act, 1961 (such ss, search or survey or any other relevant provislona of the Income Tax Act, 1961), unless there Is Immunity for disclosure under any scheme arid also shall state whether the previously unrecorded Income and related assets have been properly recorded In the books of account durlngthe year.
Audit Trail Disclosures
The Company has used accounting software for maintaining Its books of account which has a feature of recording audit trail (edit log) facility snd the seme has operated throughout the yearforsll relevant transactions recorded in the software.
In case of Telly Prime Software for maintaining Its books of account, audit trail feature Is enabled and no Instances of audit trail feature being tempered with wes noted.
Now 41:
Previous year''s figures have been regrouped / reclassified wherever necessary to correspond with the current period''s classification / disclosure
The Financial statements were approved and issued by the board of directors on May 27,2028
Disclaimer: This is 3rd Party content/feed, viewers are requested to use their discretion and conduct proper diligence before investing, GoodReturns does not take any liability on the genuineness and correctness of the information in this article