Millennium Online Solutions ( India ) Ltd

Millennium Online Solutions (India) Limited – Trading Window closed from 1 October 2026 for the quarter & half year ended 30 September 2026 Un-Audited Financial Results; shall open 48 hours after the Announcement of Un-Audited Financial Results.

AGM Details

• AGM held 24 September 2026 via VC/OAVM.
• Start: 11:30 AM; End: 11:45 AM.
• Record date for voting: 17 September 2026.
• Total shareholders on record: 53,154.
• Voting conducted entirely through e-voting; no poll.

Resolutions and outcomes

• Adoption of audited financial statements, Directors' Report, and Auditors' Report; passed with 97.29% in favour.
• Re-appointment of Nikunj Jasbhai Pancholi; passed with 97.29% in favour.
• Appointment of Radhika Ben Patel as Independent Director; passed with 97.29% in favour.
• Appointment of Mukesh Kumar Seni as Independent Director; passed with 97.29% in favour.

Dividend

• No dividend proposed or declared.

Director changes

• Nikunj Jasbhai Pancholi re-appointed as Director (by rotation).
• Radhika Ben Patel appointed as Independent Director.
• Mukesh Kumar Seni appointed as Independent Director.

AGM Details

• Held on Sep 24, 2026 at 11:30 AM via VC/OAVM.
• Quorum achieved with 45 members in attendance.

Key Resolutions

• Ordinary Resolution 1: Adopt standalone and consolidated annual financial statements for FY ended Mar 31, 2026.
• Ordinary Resolution 2: Re-appoint Nikunj Pancholi as Non-Executive, Non-Independent Director.
• Special Resolution 3: Appoint Radhika Patel as Independent Director.
• Special Resolution 4: Appoint Mukesh Seni as Independent Director.
• All resolutions deemed passed on Sep 24, 2026.

Voting Results

• Ordinary Resolution 1: Passed.
• Ordinary Resolution 2: Passed.
• Special Resolution 3: Passed.
• Special Resolution 4: Passed.
• All resolutions deemed passed on Sep 24, 2026.

Directors & Auditors

• Re-appointment of Nikunj Pancholi as Non-Executive, Non-Independent Director.
• Radhika Patel appointed Independent Director.
• Mukesh Seni appointed Independent Director.
• No change in statutory or secretarial auditors.

Financial performance

• Consolidated total income: 249,938.23 (Rs in hundred) for FY26.
• Consolidated revenue from operations: 249,911.50.
• Consolidated profit before tax: 4,777.08.
• Consolidated profit after tax: 740.48.
• Standalone revenue: 0; standalone PBT: -11,175.14; standalone PAT: -11,175.14.
• EPS (Consolidated): Basic 0.00, Diluted 0.00.
• Net cash from operating activities (Consolidated): 19,406.92.

Capital structure & liquidity

• Paid-up share capital: 500,195.10.
• Total equity (Standalone): 453,654.69.
• Consolidated equity: 404,538.37.
• Consolidated borrowings: 153,202.75; Standalone borrowings: 0.
• Cash and bank balance (Standalone end): 3,439.86.

Governance & board changes

• Resignation of Subhash Patle and Renu Manendra Singh on 24 Feb 2026.
• Radhika Ben Patel and Mukesh Kumar Seni appointed as Independent Directors (Feb 24, 2026).
• NIKUNJ Pancholi redesignated as Non-Executive Non-Independent Director (Aug 2025).
• Board met eight times during 2025-26.

Audits & internal controls

• Statutory Auditor: B. Chordia & Co.; Secretarial Auditor: HSPN & Associates LLP.
• Internal Auditor: Ravindra Dhakar & Associates.
• Secretarial audit notes promoter shareholding not dematerialised (100%).
• Company states internal controls are adequate; going concern acknowledged where applicable.

Related party transactions

• Related party: subsidiary Millennium Online (India) Ltd; loans and repayments.
• Pecuniary relations disclosed; no material related party transactions requiring shareholder approval.

Outlook & risk

• Management Discussion & Analysis cites improving industry, but profitability remains challenged.
• Focus on cost reductions and business rejuvenation to improve prospects.

CSR, compliance & ethics

• CSR not applicable; no CSR committee.
• Whistle-blower policy in place; sexual harassment policy implemented; compliance with SEBI/LODR where applicable.

Key Governance Decisions

• Approved Directors Report and annexures for FY ended 2025-26.
• Approved AGM register closure from 18 Sep 2026 to 24 Sep 2026.
• Approved e-voting entitlement cut-off date.
• Approved AGM for FY ended 31 March 2026 on 24 Sep 2026 at 11:30 IST via VC/OAVM.
• Approved 46th Annual Report including notice for FY ended 2025-26.
• Appointed Hemant Shetye as Scrutinizer; Kunal Sakpal to act in reserve.
• Approved NSDL to facilitate e-voting for AGM.
• Authorized Directors/Company Secretary to conduct AGM and dispatch notices.

Standalone results

• Revenue from operations: 0.00; standalone loss after tax: ₹5.19 lakh.
• EPS: Basic -₹0.01; Diluted -₹0.01.
• Limited Review by B. Chordia & Co; audit opinion not expressed.
• Single standalone segment; AS-17 reporting not applicable.

Consolidated results

• Consolidated quarter includes one subsidiary; revenue from operations: ₹70.09 lakh.
• Subsidiary revenue: ₹70.09 lakh.
• Subsidiary PBT: ₹6.96 lakh; net cash inflow: ₹5.66 lakh.

Auditors & notes

• Statements reviewed under Regulation 33; limited review, not an audit.
• Consolidated results include data from subsidiary as noted by management.

Governance & date

• Board meeting held 10 Aug 2026; results taken on record.

Financial results approved

• Approved standalone and consolidated unaudited results period ended 30 June 2026, with Limited Review Report.

Dematerialisation status

• Dematerialisation requests processed; confirmed to depositories for the reporting quarter.
• Securities dematerialised have been listed on the relevant stock exchanges.
• Physical certificates were mutilated and cancelled after verification; depository name substituted as registered owner within prescribed timelines.