Ambassador Intra Holdings Limited reported a net loss of ₹8.70 lakh for the financial year ended March 31, 2026, reversing from a net profit of ₹16.48 lakh in the prior year. The company's board approved the standalone audited financial results for the quarter and year ended March 31, 2026, during a meeting held on May 28, 2026.

For the quarter ended March 31, 2026, the company recorded a total income of ₹216.28 lakh and a net loss of ₹25.09 lakh. In comparison, the net profit for the same quarter in the previous year was ₹0.24 lakh. Revenue from operations for the full year stood at ₹432.63 lakh, up from nil in the previous year, while total expenses increased to ₹466.34 lakh from ₹41.82 lakh.

Board Decisions and Auditor Changes

The board took note of the resignation of Mr. Durgesh Pandey, Non-Executive Director, effective May 8, 2026, due to personal reasons. Furthermore, the board accepted the resignation of M/s Maark & Associates as statutory auditors effective May 28, 2026. The resignation followed concerns regarding audit fees, with the firm stating that the proposed remuneration would not be commensurate with the efforts required to conduct the audit in accordance with Standards on Auditing.

M/s Maark & Associates issued an audit report with an unmodified opinion on the financial results for the period. The firm had been appointed on July 2, 2024, with a term scheduled to expire on March 31, 2030.

New Appointments

Following the resignation of the statutory auditor, the board appointed M/s S. Mandawat & Co as the internal auditor for the financial year 2026-27, based on the recommendation of the Audit Committee. The firm's appointment is effective from May 28, 2026.

Financial Performance Summary

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

The company's assets totaled ₹994.58 lakh as of March 31, 2026, compared to ₹471.62 lakh in the previous year. Equity attributable to shareholders stood at ₹445.07 lakh, while total current liabilities were reported at ₹549.51 lakh.

Ambassador Intra Holdings Limited has received no-objection from BSE Limited to reclassify four members of its promoter group as public shareholders. The approval, granted via letter reference LIST/COMP/KR/106/2026-27 on June 4, 2026, impacts 14,000 equity shares representing 0.66% of the total share capital. This move reduces the promoter group's stake and increases public shareholding in compliance with Regulation 31A of the Securities and Exchange Board of India (Listing Obligations and Disclosure Requirements) Regulations, 2015.

The reclassification applies to Mr. Piyushbhai Mahendra Doshi, Mr. Sachin Jayprakash Jalan, Ms. Shikha Jalan, and Mr. Siddharth Ajmera. The company had initially submitted the application for this change on February 13, 2026. BSE also issued an advisory letter noting a delay in the initial disclosure, which was submitted on June 4, 2026, instead of the required deadline of February 14, 2026.

The following table details the shareholding of the individuals transitioning from the promoter group to the public category:

Amrita Lalwani, Company Secretary and Compliance Officer, confirmed the receipt of the no-objection and advisory letters. The exchange has advised the company to ensure strict compliance with disclosure timelines in the future to avoid recurrence of such lapses.