Vaarad Ventures Ltd

Financial results and reporting

• Unaudited standalone and consolidated results for the quarter ended 30 June 2026 approved.
• Limited Review Reports by Statutory Auditors issued for the results.
• Company operates in a single reportable segment; no separate segment reporting.
• Results to be published in Business Standard and Mumbai Lakshadeep.

Governance changes

• Cessation of Nitin Hariyantlal Datanwala as Non-Executive Independent Director effective Aug 10, 2026.
• Cessation of Leena Vikram Doshi as Chairperson; continues as MD and ED.
• Appointment of Piyush Arun Vora as Regular Non-Executive Independent Chairperson from Aug 11, 2026.

Auditors and Secretarial appointments

• Internal Auditor appointed: Hemraj Chheda & Co. for FY 2026-27.
• Secretarial Auditor appointed: Sanil Dhayalkar & Co. for FY 2025-26; subject to AGM.

Regulatory disclosures

• Disclosures under SEBI LODR Regulations enclosed.

Dematerialisation status

• No dematerialisation/rematerialisation requests were received during 01-04-2026 to 30-06-2026.

Meeting Details

• Board meeting scheduled for May 28, 2026 at 5:00 PM.
• Location: 301 A, Floor-3, Plot-8, Wadala Udyog Bhavan, Sewree Wadala Road No 26, Wadala, Mumbai.

Key Agenda Items

• Approve and take on record standalone and consolidated audited financial results.
• Financial results cover the quarter and year ended March 31, 2026.

Other Notes

• Trading window remains closed until 48 hours after results are made public.

Financial Performance - Standalone Q3 FY26

• Total income was Rs. 0.00 lakh for Q3 FY26 and nine months ended Dec 31, 2025
• Total expenses were Rs. 2.77 lakh in Q3 FY26 and Rs. 13.48 lakh for nine months ended Dec 31, 2025
• Loss before tax was Rs. 2.77 lakh in Q3 FY26 and Rs. 13.48 lakh for nine months ended Dec 31, 2025
• Loss after tax was Rs. 2.77 lakh in Q3 FY26 and Rs. 13.48 lakh for nine months ended Dec 31, 2025
• Employee benefit expenses were Rs. 1.73 lakh in Q3 FY26 and Rs. 5.31 lakh for nine months ended Dec 31, 2025
• Other expenses were Rs. 1.00 lakh in Q3 FY26 and Rs. 7.81 lakh for nine months ended Dec 31, 2025
• Depreciation and amortisation expenses were Rs. 0.04 lakh in Q3 FY26 and Rs. 0.35 lakh for nine months ended Dec 31, 2025
• Earnings per share (basic and diluted) were negative Rs. 0.00 for Q3 FY26 and negative Rs. 0.01 for nine months ended Dec 31, 2025
• Paid-up equity share capital was Rs. 2499.03 lakh with face value Re. 1 each

Financial Performance - Consolidated Q3 FY26

• Total income was Rs. 0.00 lakh for Q3 FY26 and nine months ended Dec 31, 2025
• Total expenses were Rs. 3.05 lakh in Q3 FY26 and Rs. 17.95 lakh for nine months ended Dec 31, 2025
• Loss before tax was Rs. 3.05 lakh in Q3 FY26 and Rs. 17.95 lakh for nine months ended Dec 31, 2025
• Loss after tax was Rs. 3.05 lakh in Q3 FY26 and Rs. 17.95 lakh for nine months ended Dec 31, 2025
• Employee benefit expenses were Rs. 1.73 lakh in Q3 FY26 and Rs. 5.31 lakh for nine months ended Dec 31, 2025
• Other expenses were Rs. 1.28 lakh in Q3 FY26 and Rs. 8.17 lakh for nine months ended Dec 31, 2025
• Depreciation and amortisation expenses were Rs. 0.04 lakh in Q3 FY26 and Rs. 4.49 lakh for nine months ended Dec 31, 2025
• Earnings per share (basic and diluted) were negative Rs. 0.00 for Q3 FY26 and negative Rs. 0.00 for nine months ended Dec 31, 2025
• Paid-up equity share capital was Rs. 2499.03 lakh with face value Re. 1 each

Audit and Compliance

• Limited review of Q3 FY26 financial results completed by statutory auditors
• No adverse comments in the auditor's limited review report for Q3 FY26
• Financial results prepared as per Ind AS 34 and Companies Act, 2013
• Consolidated results include seven subsidiaries and associates
• Unaudited interim financials of associates show net loss of Rs. 2.77 lakh for Q3 FY26

Corporate Actions

• Board approved Q3 FY26 financial results on February 12, 2026
• Results to be published on February 13, 2026 in Business Standard and Mumbai Lakshadeep