ajcon global services has communicated to BSE Limited that it is exempt from the requirements of Regulation 23(9) of the SEBI (Listing Obligation and Disclosure Requirements) Regulations, 2015. This regulation pertains to the submission of disclosures regarding Related Party Transactions (RPTs) to the stock exchange. The exemption is applicable due to the company's financial metrics falling below the threshold limits specified in Regulation 15(2) of the SEBI Listing Regulations.

Financial Thresholds

The company stated that as of March 31, 2026, its Paid Up Equity Share Capital and Net Worth were less than ₹10 crore and ₹25 crore, respectively. Consequently, the stricter disclosure requirements for RPTs do not currently apply to the entity.

Future Compliance

In its communication, the company assured the exchange that it will adhere to the provisions of Regulation 23(9) once the regulations become applicable. It has committed to complying within six months from the date the company meets the threshold criteria for paid-up capital and net worth, making the regulation mandatory. The disclosure was submitted to the Corporate Listing Department of BSE Limited on May 22, 2026, to be placed on record as a compliance update.

Ajcon Global Services has reported its audited financial results for the quarter and year ended March 31, 2026. The company returned to profitability for the fiscal year, recording a net profit of ₹13.24 lakh, a significant turnaround from the net loss of ₹37.40 lakh reported in the previous year ended March 31, 2025.

For the quarter ended March 31, 2026, the company reported a net loss of ₹44.18 lakh, compared to a net loss of ₹75.63 lakh in the corresponding quarter of the previous year. Revenue from operations for the quarter stood at ₹878.23 lakh, up from ₹306.14 lakh in the same period last year.

Financial Performance

The annual revenue from operations saw a rise to ₹1,744.04 lakh for the year ended March 31, 2026, compared to ₹1,550.16 lakh in the previous year. The total expenditure for the year was ₹1,738.63 lakh, slightly higher than the ₹1,509.04 lakh incurred in the prior year.

The company’s consolidated results for the year ended March 31, 2026, showed a net profit of ₹22.73 lakh, compared to ₹54.27 lakh in the previous year. Consolidated revenue from operations for the year increased substantially to ₹3,629.75 lakh from ₹1,659.81 lakh in the prior year.

Key Financial Metrics

The following table outlines the standalone financial performance for the quarter and year ended March 31, 2026:

Corporate Governance Updates

The Board of Directors approved the re-appointment of M/s. Atul Donde & Co., Chartered Accountants, as Internal Auditors for the financial year 2026-27. Additionally, the Board decided to convene the 39th Annual General Meeting (AGM) of the company on July 21, 2026, at 11:30 AM IST via Video Conferencing.

The Register of Members and Share Transfer Books of the company will remain closed from July 15, 2026, to July 21, 2026, for the 39th AGM. M/s. Abhishek Shukla & Associates has been appointed as the Scrutinizer for e-voting at the AGM.