Victoria Enterprises Ltd

Victoria Enterprises Limited — Closure of trading window from Oct 1, 2026 till 48 hours after the declaration of the standalone un-audited financial results for the quarter/half year ended September 30, 2026

Financial highlights

• Revenue from operations ₹5,364.70 L for 2025-26.
• Total income ₹5,371.40 L; prior year ₹8,338.86 L.
• Profit after tax ₹129.24 L; Basic EPS ₹25.85.
• Dividend not declared for the year ended 31 March 2026.
• Inventories ₹7,047.72 L; WIP ₹6,677.05 L; finished stock ₹370.67 L.
• Two ongoing projects: Pittie Chambers (PC-1 complete) and Pittie Paradise ongoing.
• Paid-up equity capital ₹50.00 L; Authorized share capital ₹15 Cr.
• Borrowings: non-current ₹7,115.35 L; current borrowings nil.
• Cash and cash equivalents ₹101.06 L.

Capital structure & liquidity

• Authorized share capital ₹15 Cr; paid-up equity ₹50 L.
• Equity share capital: 50,00,000 shares of ₹10 each.
• Total borrowings ₹7,115.35 L; no current borrowings.
• Dividend status: no dividend declared for 2025-26.

Audit & governance

• Independent Auditor's report includes qualified opinion on 5% NCRPS.
• Secretarial Audit notes Reg 46 LODR non-update; CFO resigned 2022; CS 2024.
• Internal audit by Shetty Naik & Associates; reports to Audit Committee.
• Board has two independent directors; no material governance changes.
• Nomination, Remuneration and Evaluation policy available on company website.

Related party transactions

• Material related party transactions approved by shareholders; initial validity until next year.
• RPTs with promoter group disclosed; transactions in ordinary course; arm's length.

Risks & outlook

• Real estate market risks include regulatory changes, cost inflation, liquidity.
• Long-term outlook remains positive; redevelopment opportunities in Mumbai.
• Ongoing projects require working capital management to meet timelines.

Projects & inventories

• Pittie Chambers: PC-1 complete; PC-2 ongoing; Pittie Paradise underway.
• NRV assessments; inventories carried at cost per policy.
• Advance from customers with possession delays; informal approvals obtained.

Compliance & governance notes

• Company follows POSH policy; vigil mechanism in place; code of conduct applied.
• Secretarial disclosure notes reconciliations and reliance on management records.
• The company is not required to furnish corporate governance report due to size thresholds.

Board outcomes

• Board approved standalone unaudited results for quarter ended June 30, 2026.
• Limited Review Report on standalone results taken on record.
• 5% NRPS due for redemption as of June 30, 2026; restructuring under negotiation.
• Receivables, payables, borrowings and other balances subject to confirmation and reconciliation.
• Basis notes potential reconciliation adjustments; no substantial impact expected.
• Results to be hosted on the company website.
• Auditor's review issued with qualified conclusion citing NRPS redemption and balance reconciliations.

Meeting Details

• Scheduled for August 13, 2026; time and venue not disclosed.

Key Agenda Items

• Consider and approve Standalone unaudited financial statements for the quarter ended June 30, 2026.

Other Notes

• Trading window closure periods not specified.

Dematerialisation status

• Dematerialisation requests were processed to the depositories.
• Dematerialised securities have been listed on the relevant stock exchanges.
• Physical certificates were mutilated and cancelled; depository registered owner substituted within the prescribed time.

Victoria Enterprises Ltd – Trading window closed from 1 July 2026 till completion of 48 hours after the declaration of the Un-Audited Financial Results for the quarter ended June 30, 2026; The trading window will re-open 48 hours after the declaration of the said financial results.