Ortin Global Limited narrowed its net loss to ₹74.04 lakh for the financial year ended March 31, 2026, compared to a loss of ₹84.64 lakh in the previous year. The company's board approved the audited standalone financial results for the quarter and year ended March 31, 2026, at a meeting held on May 30, 2026, in Hyderabad. The statutory auditors, M/s. Mathesh & Ramana, Chartered Accountants, issued an unmodified opinion on the results.

Financial Performance

For the quarter ended March 31, 2026, the company reported a net loss of ₹0.93 lakh. Total income for the quarter stood at ₹30.78 lakh, while total expenses were ₹31.67 lakh. In the full fiscal year, total income decreased to ₹41.50 lakh from ₹38.35 lakh in the prior year. Other operating income contributed significantly at ₹31.45 lakh for the year, while net sales from operations were ₹10.05 lakh.

The company's basic and diluted earnings per share (EPS) for the year stood at -₹0.91, compared to -₹1.04 in the previous year.

Balance Sheet and Cash Flows

As of March 31, 2026, Ortin Global's total assets stood at ₹464.72 lakh, an increase from ₹378.09 lakh in the previous year. The company's equity and liabilities totaled ₹464.72 lakh, with borrowings of ₹100.50 lakh under non-current liabilities. Cash and cash equivalents improved to ₹60.59 lakh as of March 31, 2026, from ₹37.37 lakh a year earlier.

The net cash generated from operating activities was negative at ₹55.96 lakh for the year. However, the company saw a net increase in cash and cash equivalents of ₹23.22 lakh during the year, driven by financing activities which provided a net inflow of ₹75.28 lakh, primarily from borrowings.

Regulatory Compliance

The financial results were prepared in accordance with Indian Accounting Standards (Ind AS). The board also approved the Auditor's Report along with the declaration as per Regulation 33 of the SEBI (LODR) Regulations, 2015. The trading window closure, which was effective from April 1, 2026, will remain in place until 48 hours after the declaration of the audited financial results.

Ortin Global Limited has announced the fixation of a record date for its proposed open offer. The company, acting through the Manager to the Offer, has designated May 21, 2026, as the identified date to determine the names of shareholders entitled to receive the Letter of Offer.

The open offer is being initiated by Mr. Parven Satija, the Acquirer, to purchase up to 21,14,162 fully paid-up equity shares from the public shareholders. These shares represent 26.00% of the voting share capital of the target company. The acquisition price has been set at ₹14.65 per equity share, with each share holding a face value of ₹10.

Rarever Financial Advisors Private Limited communicated this development to BSE Limited, confirming compliance with Regulation 18(2) of the Securities and Exchange Board of India (Substantial Acquisition of Shares and Takeover) Regulations, 2011. The regulation mandates the identification of shareholders as on a specific date for the dispatch of the Letter of Offer.

Key Details of the Open Offer

The following table outlines the primary parameters of the proposed open offer:

The Public Announcement regarding this offer was initially made on February 10, 2026, followed by the publication of the Detailed Public Statement on February 17, 2026. The Draft Letter of Offer was dated February 25, 2026.