Jatalia Global Ventures Ltd

Q1 FY27 results

• Q1 FY27 unaudited: total income 2.34 L, net loss 11.66 L, EPS -0.08.

Expense drivers

• Major expense driver: legal and professional charges 14.00 L in Q1 FY27.

Quarterly income vs expenses

• Total expenses for Q1: 14.00 L; income 2.34 L; loss widened.

Full-year context

• Year ended Mar-31, 2026: net loss 14.40 L; year ended Mar-31, 2025: net profit 4.33 L.

Plan implementation update

• NCLT approved Resolution Plan by Norfolk Technology Services Limited on 09 July 2026.

Governance & approvals

• Monitoring Committee constituted; meeting held on 11 Aug 2026.

Filing & compliance

• Date of prior intimation: 08 Aug 2026; XML file submitted to BSE; results to be approved in meeting.

New controlling entity

• Norfolk Technology Services Limited to become the incoming promoter.

Capital changes and funding

• Cash infusion of INR 6,26,91,266.61 by the Resolution Applicant.
• Resolution Applicant to be issued 62,69,127 shares.

Target profile and business

• Target: Jatalia Global Ventures Limited; turnover Nil; assets INR 3,51,73,223.
• Industry: Information Technology; pivoted from IT hardware/software to commodities trading.
• Operations to proceed per approved resolution plan under IBC.

Timeline and implementation

• Indicative completion period: 1 year.

Related party and regulatory

• No related-party transactions; promoter group has no interest in the target.
• No regulatory approvals required for acquisition.

Acquisition terms and governance notes

• Acquisition price and terms as per the NCLT-approved plan; details in the plan/order.

Certificate submission

• Certificate under Regulation 74(5) submitted via the Registrar and Transfer Agent.

Jatalia Global Ventures Limited (Under CIRP): Trading Window closed from July 01, 2026 till the expiry of 48 hours after the declaration of unaudited financial results for Q1 ending June 30, 2026

FY26 audited results

• 📊 Revenue from operations was nil; other operating income was Rs 2.56 lakh in Q4 FY26.
• 📊 Total income was Rs 2.56 lakh in Q4 FY26 and Rs 8.46 lakh for FY26.
• 📊 Q4 FY26 net loss was Rs 12.31 lakh; FY26 net loss was Rs 14.40 lakh.
• 📊 PBT was a loss of Rs 12.31 lakh in Q4 FY26 and Rs 14.40 lakh for FY26.
• 📊 EPS was negative Rs 0.08 in Q4 FY26 and negative Rs 0.10 for FY26.
• 📊 Total expenses were Rs 14.85 lakh in Q4 FY26 and Rs 22.85 lakh for FY26.
• 📊 Legal and professional charges were Rs 9.82 lakh in Q4 FY26 and Rs 17.42 lakh for FY26.
• 📊 Other expenses were Rs 5.03 lakh in Q4 FY26 and Rs 5.44 lakh for FY26.

Balance sheet and cash

• 📊 Cash and cash equivalents fell to Rs 0.56 lakh from Rs 4.56 lakh.
• 📊 Total assets were Rs 351.73 lakh at 31 March 2026, versus Rs 441.53 lakh a year earlier.
• 📊 Investments were Rs 130.17 lakh at 31 March 2026, versus Rs 216.37 lakh a year earlier.
• 📊 Borrowings were Rs 198.01 lakh and trade payables were Rs 180.27 lakh at 31 March 2026.
• 📊 Other current liabilities declined to Rs 99.20 lakh from Rs 174.25 lakh.
• 📊 Total equity remained negative at Rs 214.76 lakh, reflecting accumulated losses.

CIRP and reporting

• 📍 The company is undergoing CIRP, initiated by NCLT New Delhi on 7 March 2024.
• 📍 Results were audited and reviewed by the Committee of Creditors.
• 📍 The company operates in a single segment under Ind AS 108.

EPS and capital

• 📊 Q4 FY26 standalone total income was Rs 2.56 lakh versus Rs 3.91 lakh a year earlier.
• 📊 FY26 standalone total income was Rs 8.46 lakh versus Rs 9.80 lakh in FY25.
• 📊 Q4 FY26 loss before tax was Rs 12.31 lakh versus Rs 0.51 lakh loss last year.
• 📊 FY26 loss before tax was Rs 14.40 lakh versus Rs 4.33 lakh profit in FY25.
• 📊 Q4 FY26 net loss was Rs 12.31 lakh; FY26 net loss was Rs 14.40 lakh.
• 📊 Finance cost was Rs 0.01 lakh in Q4 FY26 and Rs 0.01 lakh for FY26.
• 📊 Legal and professional charges rose to Rs 9.82 lakh in Q4 FY26 and Rs 17.42 lakh for FY26.
• 📊 Total expenses were Rs 14.85 lakh in Q4 FY26 and Rs 22.85 lakh for FY26.

EPS and capital

• 📊 Basic and diluted EPS were Rs (0.08) in Q4 FY26 and Rs (0.10) for FY26.
• 📊 Paid-up equity share capital stood at Rs 1,497.56 lakh.
• 📊 Reserves and surplus were negative at Rs 1,727.33 lakh as of 31 March 2026.

Balance sheet and cash

• 📊 Total assets were Rs 351.73 lakh as of 31 March 2026 versus Rs 441.53 lakh a year earlier.
• 📊 Non-current investments were Rs 130.17 lakh, down from Rs 216.37 lakh.
• 📊 Trade receivables were Rs 127.84 lakh and loans and deposits were Rs 51.40 lakh.
• 📊 Cash and cash equivalents fell to Rs 0.56 lakh from Rs 4.56 lakh.
• 📊 Current liabilities were Rs 566.50 lakh, including borrowings of Rs 198.01 lakh and provisions of Rs 88.37 lakh.
• 📊 Net cash from operating activities was negative Rs 90.20 lakh in FY26.
• 📊 Net cash from investing activities was positive Rs 86.20 lakh in FY26.

Notes

• 🗒️ Results are standalone and audited for the quarter and year ended 31 March 2026.
• 🗒️ The company operates in a single segment.
• 🗒️ The financial results were reviewed by the Committee of Creditors.