Pagaria Energy Limited has submitted its quarterly compliance certificate to BSE Limited, fulfilling regulatory requirements under SEBI (Depositories and Participants) Regulations, 2018 for the quarter ended 31st March, 2026.

Regulatory Compliance Filing

The company filed the mandatory certificate under Section 74(5) of the SEBI regulations on 16th April, 2026. Pagaria Energy Limited (formerly Women Networks Limited) submitted the documentation to BSE Limited, where its shares are listed under scrip code 531396.

Registrar Confirmation

MUFG Intime India Private Limited, serving as the company's registrar and share transfer agent, issued the compliance certificate on 6th April, 2026. The registrar confirmed that securities received from depository participants for dematerialisation during Q4FY26 were properly processed within prescribed timelines.

The certificate validates that:

• Securities received for dematerialisation were confirmed or rejected to depositories
• Security certificates were mutilated and cancelled after due verification
• Depository names were substituted in the register of members as registered owners
• All processes adhered to prescribed regulatory timelines

Corporate Information

Pagaria Energy Limited operates under CIN L67120DL1991PLC043677 with its registered office located at 9/18, Bazar Gali, Vishwas Nagar, Shahdara, Delhi. The compliance certificate was signed by Rekha Patni, Company Secretary and Compliance Officer, ensuring proper corporate governance protocols were followed.

MUFG Intime India Private Limited, formerly Link Intime India Private Limited, serves as the registrar from its Delhi office at Noble Heights, Janakpuri. The certificate was authenticated by Swapan Kumar Naskar, Associate Vice-President and Head (North India) for the registrar.

Women Networks , a company listed on the Indian stock exchanges, has released its unaudited financial results for the quarter and half year ended September 30, 2025. The company reported a net loss of Rs. 0.23 lakhs for the first half of the fiscal year 2025-26, showing an improvement from the loss of Rs. 0.74 lakhs recorded in the corresponding period of the previous year.

Financial Performance

The company's financial results reveal a mixed picture of its performance:

Despite the reduction in net loss, Women Networks experienced a decrease in total income from Rs. 4.10 lakhs in H1 FY2025 to Rs. 2.00 lakhs in H1 FY2026. The company managed to reduce its total expenses from Rs. 3.36 lakhs to Rs. 2.23 lakhs during the same period.

Cash Flow and Borrowings

A significant development in the company's financials is the securing of new borrowings amounting to Rs. 544.00 lakhs during the period. This influx of funds has substantially improved Women Networks' cash position, with cash and cash equivalents rising from Rs. 2.38 lakhs as of March 31, 2025, to Rs. 89.39 lakhs as of September 30, 2025.

The cash flow statement highlights:

• Net cash used in operating activities: Rs. 456.99 lakhs
• Net cash from financing activities: Rs. 544.00 lakhs
• Net increase in cash and cash equivalents: Rs. 87.01 lakhs

Balance Sheet Highlights

As of September 30, 2025, Women Networks' balance sheet shows:

The company's total assets have increased significantly, primarily due to the rise in other non-current assets and cash equivalents. The equity position remains relatively stable, while non-current liabilities have increased substantially, reflecting the new borrowings.

Management Commentary

The financial results were reviewed by the Audit Committee and approved by the Board of Directors at their meeting held on November 13, 2025. The company operates in a single segment, and therefore, segment reporting as per AS-17 is not applicable.

Auditor's Review

Manish Mahavir & Co., Chartered Accountants, conducted a limited review of the financial results. They stated that nothing has come to their attention that causes them to believe that the financial results do not present a true and fair view in accordance with applicable accounting standards and other recognized accounting practices and policies.

Investors and stakeholders should note that while the company has reduced its net loss and improved its cash position through new borrowings, the decrease in total income may warrant attention. The significant increase in non-current liabilities also indicates a shift in the company's capital structure, which may impact its financial flexibility and risk profile in the future.