Cura Technologies Limited reported a net loss of ₹148.45 lakh for the financial year ended March 31, 2026, widening from a loss of ₹66.30 lakh in the previous year. The company recorded revenue from operations of ₹83.49 lakh for FY26, compared to nil in the prior year. For the quarter ended March 31, 2026, the net loss stood at ₹147.83 lakh on a revenue of ₹45.44 lakh. The board approved the audited financial results for the quarter and year ended March 31, 2026, at a meeting held on May 30, 2026.

Financial Performance

Total expenses for the year increased to ₹231.95 lakh from ₹66.30 lakh in FY25. Key expense drivers included finance costs of ₹56.29 lakh and depreciation of ₹58.93 lakh. The basic earnings per share (EPS) for FY26 was reported at -₹1.525.

Auditor and Appointments

The statutory auditors, M/s. Pundarikashyam & Associates, issued an unmodified opinion on the audited financial results. The board appointed M/s. Pavan Reddy & Associates as Internal Auditors and M/s. Aakanksha Dubey & Co. as Secretarial Auditors for the financial year 2026-27. The meeting was held on May 30, 2026, at the company's registered office in Hyderabad.

Cura Technologies Limited successfully concluded its 1st Extraordinary General Meeting (EGM) for Financial Year 2026-27 on 24.04.2026, with shareholders demonstrating strong support by passing all seven proposed resolutions. The meeting was conducted through video conferencing from 11:00 a.m. to 11:18 a.m., with 28 members in attendance. M/s. Vivek Surana & Associates acted as the scrutinizer for the voting process, with Mr. Sangareddypeta Saikiran serving as the meeting chairperson and Ms. Surbhi Jain facilitating the proceedings as Company Secretary.

Meeting Overview and Participation

The EGM recorded significant shareholder engagement with 83.24% of total outstanding shares participating in the voting process. The company's total shareholding base comprised 2720 shareholders as of the record date of 17.04.2026. Remote e-voting was conducted from 21st April 2026 at 9:00 a.m. IST to 23rd April 2026 at 5:00 p.m. IST, with e-voting also available during the meeting. The voting window remained open for an additional 15 minutes after the meeting concluded for shareholder convenience.

Leadership and Governance Changes

Shareholders approved the re-designation of Mrs. Sanjana Lagumavarapu (DIN: 09440632) as Non-Executive Director and the appointment of Mr. Saraswathula Sivaramakrishna Mohan Babu (DIN: 00985357) as both Director and Managing Director of the company. All three ordinary resolutions related to these appointments received 100% approval with 8,240,977 votes in favour and zero votes against.

Resolution Outcomes

All seven resolutions were passed with substantial majority support. The voting results demonstrated strong alignment between promoter and public shareholder interests across most resolutions.

Corporate Restructuring Measures

The meeting approved several important corporate governance and financial restructuring measures including enhanced borrowing limits under Section 180(1)(c) of the Companies Act, 2013, approval for creation of mortgage or charge on company assets under Section 180(1)(a), overall limits under Section 186 for loans, guarantees, securities, and investments, and adoption of new Articles of Association in conformity with Companies Act, 2013 provisions. Two special resolutions related to borrowing limits and asset charges received 145 votes against, representing 0.0017% of total valid votes.

Voting Pattern Analysis

The voting pattern revealed strong support across shareholder categories. Promoter and Promoter Group held 7,419,702 shares and voted 7,175,000 shares (96.70% participation). Public Non-Institutions demonstrated 43.03% participation with 1,065,977 votes from 2,477,126 shares held. Public Institutions, holding 3,172 shares, did not participate in the voting process. The e-voting results were unblocked on 24.04.2026 at 11:34 a.m. in the presence of two witnesses.