Cemantic Infra-Tech Ltd company name has secured a favorable outcome in a legal dispute involving its Managing Director, Guduru Satyanarayana. The VIII Metropolitan Magistrate in Hyderabad convicted the accused, Krishna Prasad P, for an offence under Section 138 of the Negotiable Instruments Act and Section 200 of the same Act. The court ordered the accused to pay a total fine of ₹1,30,00,500, with ₹1,30,00,000 payable as compensation to the complainant under Section 357(1)(b) of the Code of Criminal Procedure (Cr.P.C.). This resolution concludes the pending litigation regarding the cheque bounce case, providing financial recourse to the company’s leadership.

The order was pronounced on July 29, 2026, in Case Number CC.NI/0001283/2021 and CNR Number TSHM0A0173352021. The conviction was recorded under Section 255(2) of the Cr.P.C. In addition to the monetary penalty, the court sentenced the accused to undergo simple imprisonment for four months in default of payment. The remaining balance of ₹500 from the fine is directed to be paid to the state. The company made this disclosure pursuant to Regulation 30 of the Securities and Exchange Board of India (Listing Obligations and Disclosure Requirements) Regulations, 2015.

Case Details and Financial Implications

The legal proceedings were conducted before the Special Judicial First Class Magistrate for Excise Cases Hyderabad - MSJ. The judgment explicitly states that any detention undergone by the accused during the trial will be set off under Section 428 of the Cr.P.C. The accused has been informed of their right to file an appeal within the statutory limitation period. A free copy of the judgment was provided to the accused as per Section 363 of the Cr.P.C. read with Rule 73 of the Criminal Rules of Practice.

Regulatory Compliance

Cemantic Infra-Tech Ltd submitted the disclosure to BSE Limited on August 5, 2026. The filing includes Annexure A, which contains the gist of the order pronounced by the court. The company noted that the full set of the order is pending receipt but has provided the essential details to ensure timely transparency with stakeholders. This disclosure aligns with the company’s commitment to high standards of governance and regulatory compliance under SEBI LODR Regulations.

Cemantic Infra-Tech Limited reported a narrowed net loss of ₹9.30 lakh for the first quarter of FY26 (Q1FY26), ending June 30, 2026, compared to a loss of ₹11.17 lakh in the corresponding period of FY25. The Hyderabad-based infrastructure firm recorded zero revenue from operations, indicating no active business turnover during the quarter, while total expenses stood at ₹9.37 lakh. This financial performance reflects a continuation of minimal operational activity, with the company’s primary focus seemingly on administrative and compliance matters rather than revenue generation. The narrowing loss is primarily attributed to a significant reduction in finance costs.

The Board of Directors approved the unaudited financial results and the limited review report on August 5, 2026. The statutory auditors, Suryanarayana & Suresh, conducted the limited review in accordance with Standard on Review Engagement (SRE) 2410 and Regulation 33 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015. The financial statements were prepared in compliance with Indian Accounting Standards (Ind AS) under Section 133 of the Companies Act, 2013.

Financial Performance

The company’s income statement for Q1FY26 reveals a complete absence of operational revenue. Total income was derived entirely from other income, amounting to ₹0.07 lakh, which remained unchanged from the previous quarter and the same period last year. Expenses were primarily driven by employee benefit costs of ₹2.61 lakh and other expenses of ₹6.75 lakh. Finance costs decreased significantly to ₹0.01 lakh from ₹4.10 lakh in the preceding quarter (Q4FY25), contributing to the narrowing of the net loss.

Board Changes and Corporate Governance

In addition to financial approvals, the Board accepted the resignation of Mr. Kanduri Saraswathi Kumar as an Independent Director, effective August 5, 2026, citing personal reasons. Concurrently, the Board approved the appointment of Mr. Velamala Jagdish as an Additional Independent Director, subject to shareholder approval. Mr. Jagdish, an engineering graduate with over 15 years of experience in turnkey project implementation and more than 20 years in the paper industry, has been appointed to various board committees, including the Audit Committee, Nomination and Remuneration Committee, and Stakeholders Relationship Committee.

The Board also fixed the book closure dates for the upcoming 28th Annual General Meeting (AGM) from September 19, 2026, to September 25, 2026. The cut-off date for e-voting is set for September 18, 2026. The AGM is scheduled to be held on September 25, 2026, at 11:00 AM via video conferencing or other audio-visual means. The company has appointed a scrutinizer and a functional director for the e-voting process.