Cerebra Integrated Technologies Ltd

AGM Details

• 32nd AGM held 29 Sep 2026 at 4:00 PM via VC/OAVM
• Meeting concluded at 4:24 PM; 115 members attended via VC

Resolutions Put to Vote

• Adopt standalone and consolidated financial statements, auditors' report, Board and Secretarial Audit Report
• Re-appoint director by rotation: Mr. Jignesh Mehta Jaswantrai

Voting & Scrutiny

• Remote e-voting and CDS voting available; results to be declared within two working days
• Scrutinizer appointed; results to be placed on company and exchange websites

Governance Notes

• Statutory Auditor’s Report contained qualifications; management provided explanations

Cerebra Integrated Technologies Limited — Trading Window closed from 1 October 2026 until expiry of 48 hours after declaration of unaudited financial results for the quarter and half year ended 30 September 2026

Financial performance

• Consolidated revenue from operations: Rs 595.42 lakh for FY2025-26.
• Total consolidated income: Rs 596.79 lakh.
• Consolidated net loss after tax: Rs -7,164.60 lakh.
• Consolidated EPS (basic): Rs -6.40.
• Standalone revenue from operations: Rs 595.42 lakh.
• Standalone net loss after tax: Rs -7,164.24 lakh.
• Cash flow from operating activities: Rs 359.96 lakh.
• Cash and cash equivalents: Rs 29.25 lakh.
• Net worth (Standalone): Rs 9,809.71 lakh.
• Debt (Borrowings): Rs 4,409.91 lakh.
• Net debt to equity: 47.34%.
• Current ratio: 0.49.

Operations & strategy

• E-waste focus; 9,200 MT recycled during the year.
• Refurbished PCs: over 40,000 units refurbished in the last year.
• Narasapura facility completed with 40,000 MT capacity authorized.
• Main business driven by EPR commitments with large brands.
• Refurbished business reduced due to working capital constraints.

Subsidiaries & related party

• Subsidiary Cerebra LPO India Limited; 70% shareholding noted.
• Related party transactions include KMP remuneration and inter-company loans.
• Balance with directors includes remuneration and loans outstanding.

Governance & board changes

• Board size eight; mix of exec, non-exec, independent.
• Resigned: Ramkripal Verma on 18-09-2025.
• Appointed: Jignesh Mehta, Kiran Murthi, Vasudevan Nair, Ruma Chatterjee on 09-07-2025.
• Committees: Audit, Nomination & Remuneration, Stakeholders' Relationship, TCWG.
• Independent directors’ independence confirmed; attendance disclosed.

Audit, risk & compliance

• Statutory auditors YCRJ & Associates issued disclaimer of opinion.
• Internal audit not conducted in the year due to funding constraints.
• Internal financial controls posture: disclaimer of opinion; not adequate.
• Annual Secretarial Compliance Certificate filed; adherence to governance code.

Insolvency & regulatory actions

• Corporate Insolvency Resolution Process initiated under IBC, NCLT Bengaluru, June 15, 2026.
• Regulatory notices: ROC compounding, SARFAESI actions by Canara Bank, NSE/BSE warnings.
• SAT order upheld with modifications; writ against Canara Bank filed.

Risks, outlook & MD&A highlights

• Circular economy offers large opportunities in E-waste; revival remains uncertain.
• Funding risk; investor discussions to raise capital; asset monetization contemplated.
• Regulatory risk from evolving E-waste rules; compliance remains crucial.
• Liquidity risk due to ongoing proceedings and debt resolution efforts.

Standalone results

• Q1 FY27 standalone revenue from operations: 3228 INR Lakhs.
• Total income: 32.51 INR Lakhs; other income: 0.25.
• PBT: -786.04 INR Lakhs; PAT: -645.61 INR Lakhs.
• EPS (Basic): -0.58; board approved unaudited results.
• Single reportable segment: E-Waste Recycling & Refurbishment.

Consolidated results

• Consolidated revenue from operations: 32.26 INR Lakhs.
• Total income: 32.51 INR Lakhs; PBT: -786.14 INR Lakhs.
• PAT: -645.71 INR Lakhs; EPS Basic: -0.58.

Going concern and CIRP update

• Auditors note material uncertainties affecting going concern.
• NCLT Bengaluru CIRP filed 15 Jun 2026; pending.

Subsidiary and other notes

• Subsidiary Cerebra LPO India Limited included; revenue Nil; net loss 0.10 Lakh.

AGM & governance

• 32nd AGM on 29 Sep 2026 via VC/OAVM.

Meeting Details

• Date: 13 August 2026.

Key Agenda Items

• Consideration of un-audited standalone and consolidated financials for the first quarter ended 30 June 2026.

Other Notes

• No other material governance or financial items disclosed in the filing.

Details furnished to stock exchanges

• Registrar certified that details of dematerialised/rematerialised securities were furnished to all exchanges listing the shares.