Omni Axs Software has appointed Mrs. Nikita Hardik Parekh as Managing Director for a term of five years, effective July 03, 2026, subject to the approval of shareholders. The Board of Directors approved the appointment during a meeting held on Friday, 03.07.2026. The decision aims to strengthen the company's leadership with a seasoned professional experienced in management, strategy, and decision-making.

In addition to the role of Managing Director, the Board approved the appointment of Mrs. Nikita Hardik Parekh as an Additional Director, also subject to member approval in the general meeting. The company confirmed that she is not debarred from holding the office of Director by any order of the Securities and Exchange Board of India (SEBI) or any other authority. These appointments were made in accordance with Regulation 30 of the Listing Regulations and the relevant SEBI Master Circular.

Mrs. Nikita Hardik Parekh brings extensive experience in administration and marketing to the role. Her profile highlights strong expertise in business operations, administrative management, and marketing strategies. The company noted her ability to assess and execute strategies, along with her legal and financial expertise, which will aid in leading cross-functional teams and enhancing operational efficiency.

The Board meeting commenced at 03:00 P.M. (IST) and concluded at 5:00 P.M. (IST). The disclosures regarding the appointment confirm that Mrs. Nikita Hardik Parekh is not related to any of the existing Directors or Key Managerial Personnel of the company.

Omni Axs Software reported a narrowed net loss of ₹5.55 lakh for the financial year ended March 31, 2026, compared to a net loss of ₹7.22 lakh in the previous year. The company’s revenue from operations for FY26 stood at ₹8.05 lakh, slightly higher than the ₹7.82 lakh recorded in the prior year. For the quarter ended March 31, 2026, the company posted a net loss of ₹5.98 lakh with no revenue from operations recorded during the period.

The Board of Directors approved the standalone audited financial results for the quarter and year ended March 31, 2026, at a meeting held on May 30, 2026. The statutory auditors conducted a limited review of the results, which were prepared in accordance with the Indian Accounting Standard (Ind AS) 34. The audit report for the financial results was unmodified, confirming compliance with Regulation 33 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015.

Total expenses for the full year decreased to ₹13.60 lakh from ₹16.14 lakh in FY25. Employee benefit expenses for FY26 were ₹4.05 lakh, while depreciation and amortisation expenses stood at ₹9.55 lakh. The company’s basic and diluted earnings per share (EPS) for FY26 was reported at (₹0.03), an improvement from (₹0.04) in the previous year.

Financial Performance

The following table outlines the key financial figures for Omni Axs Software for the quarter and year ended March 31, 2026:

Assets and Liabilities

As of March 31, 2026, the company’s total assets stood at ₹1,176.92 lakh, comprising non-current assets of ₹537.63 lakh and current assets of ₹639.29 lakh. The total equity was reported at ₹1,146.84 lakh, while total liabilities amounted to ₹30.07 lakh. Cash and cash equivalents increased to ₹11.07 lakh as of March 31, 2026, from ₹4.99 lakh in the previous year.