City Online Services Ltd

Financials

• Revenue from operations: 20,431 lakhs; Other income: 5.52 lakhs; Total income: 209.83 lakhs.
• Total expenses: 228.82 lakhs; Operating expenses: 136.80; Employee benefits: 53.62.
• Profit before tax: -19.00; Profit after tax: -18.73; EPS: -0.36 (basic) / -0.36 (diluted).

Audit notes & balance sheet concerns

• Negative net worth: -73.46 lakhs; going concern material uncertainty noted by auditors.
• ECL not recognized; PPE records incomplete; leave encashment not recognized.
• Unbilled revenue and deferred income for Q1 FY2026-27 not recognized; statutory liabilities outstanding 5.12 lakhs.

Strategic actions & approvals

• Board approved in-principle to explore sale/divestment of the business, subject to approvals.
• Board authorized to identify buyers, engage advisors, and conduct due diligence.
• AGM planned for Sept 30, 2026; remote e-voting Sept 27–29; Scrutinizer appointed.

Meeting Details

• Date, time and venue of the board meeting not disclosed in the filing.

Key Agenda Items

• No specific agenda items or financial results disclosed in the filing.

Other Notes

• No trading window closure periods disclosed; no other material notes.

Dematerialisation processing and certificate handling

• Dematerialisation requests were processed and confirmed to depositories.
• Securities dematerialised were listed on the stock exchange.
• Physical certificates were mutilated and cancelled, with depository name substituted as registered owner within 30 days.

City Online Services Ltd — Closure of trading window from 01.07.2026 till 48 hours after the declaration of Un-audited Financial Results of the Company for the Quarter ended 30.06.2026

🗓️ Meeting Details

• Board meeting scheduled for February 13, 2026, at 3:00 PM at the registered office.

📊 Key Agenda Items

• Consideration of unaudited financial results for the quarter ended December 31, 2025.