Clenon Enterprises revises FY26 audited results

Clenon Enterprises Limited has submitted its revised audited consolidated financial results for the quarter and year ended March 31, 2026, correcting an inadvertent omission in the Independent Auditor's Report. The company reported a net loss of ₹239.78 lakh for the fiscal year, compared to a net loss of ₹70.85 lakh in the previous year. Total income for the year ended March 31, 2026, stood at ₹354.98 lakh, while total expenses were recorded at ₹594.76 lakh.

The filing, submitted to BSE Limited, clarified that the omission of the listed entity's name in the Auditor's Report was unintentional and without mala fide intention. The results were reviewed by the Audit Committee and approved by the Board of Directors at its meeting held on May 30, 2026. The statutory auditors of the company audited the financial results for the specified period.

For the quarter ended March 31, 2026, the company reported a total income of ₹30.23 lakh and a net loss of ₹60.32 lakh. In comparison, the quarter ended March 31, 2025, saw a total income of ₹90.55 lakh and a net loss of ₹60.32 lakh. The company's paid-up equity share capital remained at ₹1,095.03 lakh as of March 31, 2026.

The statement of assets and liabilities as of March 31, 2026, showed total assets of ₹1,420.68 lakh, comprising non-current assets of ₹1,149.99 lakh and current assets of ₹270.69 lakh. Equity and liabilities totaled ₹1,420.68 lakh, with equity share capital at ₹1,095.03 lakh and other equity at ₹-370.28 lakh. Borrowings stood at ₹724.76 lakh.

Cash flow from operating activities for the year ended March 31, 2026, was negative at ₹116.66 lakh. The company utilized cash for investing activities, primarily due to the purchase of land, resulting in a net cash outflow of ₹95.45 lakh. Financing activities provided a net inflow of ₹232.50 lakh, driven by net proceeds from borrowings. Cash and cash equivalents at the end of the year were ₹181.73 lakh.

Financial Results for the Year Ended March 31, 2026

Particulars	Year Ended Mar 31, 2026 (Audited)	Year Ended Mar 31, 2025 (Audited)
Income
Revenue from operations	353.69	196.30
Other income	1.29	8.77
Total Income	354.98	205.07
Expenses
Purchase of Traded goods	12.68	18.39
Employee benefits expense	23.70	23.70
Finance costs	203.45	216.29
Depreciation and amortisation expense	594.76	267.15
Total expenses
Profit/Loss
Profit for the period	-239.78	-70.85

1 Day	5 Days	1 Month	6 Months	1 Year	5 Years
0.0%	-6.78%	-8.66%	-24.84%	-8.66%	+193.04%

Clenon Enterprises Limited (formerly G.R. Cables Limited) has successfully completed a preferential allotment of equity shares to strategic investors. The company's Board of Directors approved the allotment of 23.25 lakh equity shares worth ₹2.32 crores at their meeting held on December 30, 2025.

Allotment Details

The Board approved the allotment of 23.25 lakh equity shares of face value ₹10 each to strategic investors from the public category at an issue price of ₹10 per share. This allotment was conducted pursuant to the Resolution Plan approved by the Hon'ble National Company Law Tribunal, Hyderabad Bench, through its order dated March 24, 2023.

Parameter:	Details
Total Shares Allotted:	23.25 lakh equity shares
Face Value:	₹10 per share
Issue Price:	₹10 per share
Total Amount Raised:	₹2.32 crores
Number of Investors:	20 strategic investors
Post-Allotment Holding:	21.25% of total equity

Strategic Investor Breakdown

The allotment was distributed among 20 strategic investors, all from the public category. The largest allocation went to Scan Help Technologies Pvt Ltd, which received 8.00 lakh shares representing 7.31% of the total equity. Other significant allottees include Chanakya B R and Akash Chaudhary, each receiving 2.50 lakh shares (2.28% each).

Major Allottees:	Shares Allocated	Percentage
Scan Help Technologies Pvt Ltd:	8.00 lakh shares	7.31%
Chanakya B R:	2.50 lakh shares	2.28%
Akash Chaudhary:	2.50 lakh shares	2.28%
Kakarlapudi Vinay Kumar:	1.50 lakh shares	1.37%
Neeraj Krishna:	1.50 lakh shares	1.37%

Board Meeting Outcomes

The Board meeting commenced at 6:00 PM IST and concluded at 6:30 PM IST, presided over by Whole-Time Director Nitin Kumar Mathur. The company has fulfilled all disclosure requirements under Regulation 30 of SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015.

Corporate Structure

Clenon Enterprises Limited, with CIN L19201TG1992PLC013772, is listed on BSE with scrip code 517564. The company is headquartered at H. No. 8-2-575/R/3B, 1st Floor, Nath Reliance Kuteer, Road No. 7, Banjara Hills, Hyderabad, Telangana, and operates under the leadership of Whole-Time Director Nitin Kumar Mathur (DIN: 06451862).