International Data Management Ltd adopted its audited financial statements for the fiscal year ended March 31, 2026, during its 49th Annual General Meeting held on September 28, 2026. The meeting, conducted via video conferencing, also saw the re-appointment of Rita Gupta as a director.

The company disclosed the outcome to BSE Limited pursuant to Regulation 30 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015. A total of 87 members attended the virtual proceedings, which commenced at 3:30 pm and concluded at 3:43 pm.

Key resolutions passed

Two ordinary resolutions were placed before the shareholders for consideration. Both items were addressed following the reading of the annual report and auditor reports.

Voting and procedural details

The company provided a remote e-voting facility through Central Depository Services (India) Limited (CDSL). Voting opened on September 25, 2026, and closed on September 27, 2026. Mr. Nishant Rana of Rana & Associates served as the scrutinizer for the voting process. The final consolidated voting report was scheduled for submission to BSE within the prescribed time limit.

Sunil Kumar Shrivastava chaired the meeting on behalf of the board. The notice convening the AGM and the annual report were distributed by Skyline Financial Services Private Limited, the company’s registrar and share transfer agent, on September 4, 2026.

International Data Management Limited reported a net loss of ₹13.87 lakhs for the financial year ended March 31, 2026, with zero revenue from operations. The company's statutory auditors, M/s. V. Nagarajan & Co., issued an unmodified opinion on the annual financial results but highlighted a material uncertainty regarding the company's ability to continue as a going concern due to its eroded net worth. The financial statements were prepared on a going concern basis based on financial support from the Promoter Group.

The Board of Directors approved the audited financial results for the quarter and year ended March 31, 2026, at a meeting held on May 28, 2026. The company has significant accumulated losses, and its current liabilities exceed its current assets by ₹438.19 lakhs as of March 31, 2026. The audited results were published in newspapers, Veer Arjun and Financial Express, on May 29, 2026.

Financial Performance

The company recorded a total income of ₹0.01 lakhs for the year ended March 31, 2026, compared to ₹0.60 lakhs in the previous year. Total expenses for the year stood at ₹13.87 lakhs, a marginal increase from ₹13.43 lakhs in FY25. The net loss for the period widened to ₹13.87 lakhs from ₹12.83 lakhs in the corresponding previous year.

For the quarter ended March 31, 2026, the company reported a net loss of ₹4.03 lakhs on a total income of nil. Basic and diluted earnings per share (EPS) for the year were reported at (₹0.63), compared to (₹0.58) in the previous year.

Financial Results Summary

Auditor's Report and Going Concern

M/s. V. Nagarajan & Co., Chartered Accountants, the Statutory Auditors, stated that the company has incurred losses of ₹13.87 lakhs during the current year and ₹12.83 lakhs in the previous year. The auditors noted that the company's net worth is fully eroded and that current liabilities exceed current assets by ₹438.19 lakhs as of March 31, 2026. These conditions raise significant doubt regarding the company's ability to continue as a going concern.

However, the opinion is not modified in respect of this matter as the financial statements were prepared on a going concern basis in view of the financial support from the Promoter Group to meet financial obligations as they fall due. The management obtained a letter providing comfort of financial support from the Promoter Group.

Balance Sheet Position

As of March 31, 2026, the company's total assets stood at ₹7.31 lakhs, comprising non-current assets of ₹0.59 lakhs and current assets of ₹6.72 lakhs. The equity section showed a negative balance of ₹437.60 lakhs, while total liabilities amounted to ₹444.91 lakhs. Borrowings constituted the majority of current liabilities at ₹443.55 lakhs.

Assets and Liabilities