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.

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 previous year. Revenue from operations for the year stood at ₹457.65 lakh, a significant increase from ₹64.19 lakh in the prior year, while total income reached ₹457.65 lakh. Total expenses increased to ₹466.34 lakh from ₹41.82 lakh. For the quarter ended March 31, 2026, the company recorded a net loss of ₹25.09 lakh, with revenue from operations at ₹216.28 lakh.

The board approved the standalone audited financial results for the quarter and year ended March 31, 2026, during a meeting held on May 28, 2026. The statutory auditor issued an audit report with an unmodified opinion on these results.

Board Decisions and Auditor Changes

The board accepted the resignation of Mr. Durgesh Pandey, a Non-Executive Director, effective May 8, 2026, due to personal reasons. Additionally, the board accepted the resignation of M/s Maark & Associates as statutory auditors effective May 28, 2026. The resignation letter cited concerns that the proposed remuneration for the financial year 2026-27 would not be commensurate with the efforts required to conduct the audit in accordance with Standards on Auditing.

Pursuant to the Audit Committee's recommendation, the board appointed M/s S. Mandawat & Co as the internal auditor for the financial year 2026-27. The outgoing statutory auditor will issue a limited review report for the quarter ended June 30, 2026, in compliance with SEBI regulations.

Financial Position

The company's total assets as of March 31, 2026, stood at ₹994.58 lakh, a substantial increase from ₹471.62 lakh in the previous year. This rise was driven primarily by current assets, which totaled ₹824.60 lakh, including investments of ₹571.30 lakh and inventories of ₹51.38 lakh. Equity attributable to shareholders increased to ₹445.07 lakh from ₹337.70 lakh in the prior year.

Cash flow from operating activities for the year was positive at ₹338.35 lakh, compared to a negative cash flow of ₹46.95 lakh in the previous year. However, cash used in investing activities was ₹571.38 lakh, largely due to movements in short-term investments. Net cash flow from financing activities was ₹210.37 lakh, resulting in a net decrease in cash and cash equivalents of ₹22.66 lakh for the year.

Key Financial Metrics for FY26