Aar Shyam India Investment Company Limited reported a net loss of ₹83.38 lakh for the financial year ended March 31, 2026, widening from a loss of ₹2.20 lakh in the previous year. The company's board approved the audited financial results for the quarter and year ended March 31, 2026, at a meeting held on May 30, 2026. The statutory auditors issued an unmodified opinion on the standalone financial results, confirming compliance with Indian Accounting Standards.

The company surrendered its Certificate of Registration as a Non-Banking Financial Company (NBFC) effective January 23, 2026, following acceptance by the Reserve Bank of India. Consequently, the company ceased to be governed by prudential norms and other regulatory prescriptions applicable to NBFCs from that date. Post-surrender, the company is yet to commence other business activities.

Financial Performance

Total revenue from operations for FY26 stood at ₹9.63 lakh, a significant decline from ₹28.23 lakh in the previous year. For the quarter ended March 31, 2026, the company reported a total revenue of ₹3.04 lakh and a net loss of ₹3.37 lakh. Total expenses for the year increased to ₹93.01 lakh from ₹30.43 lakh in FY25, primarily driven by other expenses which rose to ₹80.90 lakh.

Assets and Liabilities

The company's total assets decreased to ₹328.73 lakh as of March 31, 2026, from ₹409.29 lakh in the previous year. Cash and cash equivalents improved slightly to ₹8.75 lakh from ₹7.80 lakh. Shareholders' funds stood at ₹272.15 lakh, down from ₹355.53 lakh in the prior year, impacted by the depletion of reserves which turned negative at ₹(27.85) lakh.

The trading window for dealing in the company's securities, which had been closed since April 1, 2026, will reopen 48 hours after the announcement of the financial results. The intimation was submitted to BSE Limited and The Calcutta Stock Exchange Ltd., where the company's shares are listed under scrip codes 542377 and 011600, respectively.

AAR SHYAM INDIA INVESTMENT COMPANY LIMITED has announced changes to its Board of Directors following a meeting held on May 20, 2026. The company appointed Ms. Pooja Manish Pandey as an Additional Director in the category of Non-Executive Independent Director, effective immediately. The appointment is subject to the approval of the company's members in the ensuing General Meeting.

Ms. Pooja Manish Pandey is an Associate member of the Institute of Company Secretaries of India (ICSI) and a Law Graduate from Rizvi Law College, Mumbai University. The company confirmed that she is not debarred from holding the office of director pursuant to any SEBI order or any other authority. She currently holds NIL shares in the company.

Resignation of Independent Director

Simultaneously, the Board took note of the resignation letter received from Ms. Deepa Garg, who served as an Additional Non-Executive Independent Director. Her resignation is effective from the close of business hours on May 19, 2026. In her resignation letter, Ms. Garg cited pre-occupation as the reason for stepping down and confirmed that there were no other material reasons for her departure.

Ms. Deepa Garg holds directorships in other listed entities, including Consecutive Commodities Limited and Patback Business Limited. In these roles, she served as Chairman and member of various committees such as the Audit Committee, Nomination and Remuneration Committee, and Stakeholder Relationship Committee.

Board Approvals

During the meeting, the Board also approved the submission of applications and documents required for the revocation of the suspension in trading of the company's equity shares on The Calcutta Stock Exchange (CSE). The Board authorized Ms. Perla Pavani, Director of the Company, and Key Managerial Personnel to execute the necessary listing agreements and other documents with CSE to facilitate the revocation of suspension and continued listing of the securities.

The following table summarizes the key changes in the company's directorship: