Popular Estate Management Limited held its board meeting on May 9, 2026, at its registered office in Thaltej, Ahmedabad, commencing at 02:00 p.m. and concluding at 03:00 p.m. Pursuant to Regulation 30 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015, the board approved the audited standalone financial results under Indian Accounting Standards (Ind AS) for the quarter and year ended March 31, 2026, as reviewed by the Audit Committee. The statutory audit was conducted by M/s. H. S. Jani & Associates (FRN: 127515W), whose independent auditor's report confirmed that the financial results give a true and fair view of the net profit and other financial information in accordance with applicable Indian Accounting Standards.

Financial Performance

The company reported no revenue from operations for the quarter and year ended March 31, 2026. The following table presents the key financial results (₹ in lakhs, except per share data):

The company recorded a net loss of ₹29.22 lakhs for FY26, an improvement compared to the net loss of ₹35.51 lakhs in FY25. Total expenses declined significantly to ₹29.22 lakhs in FY26 from ₹67.50 lakhs in FY25, primarily driven by lower depreciation and other expenses. The paid-up equity share capital stood at ₹1,400.02 lakhs, comprising 1,40,00,200 shares of ₹10 each.

Balance Sheet Highlights

The following table summarises the company's assets and liabilities as at March 31, 2026 (₹ in lakhs):

Total assets remained largely stable at ₹5,048.21 lakhs as at March 31, 2026, compared to ₹5,049.02 lakhs a year earlier. Inventories were unchanged at ₹501.30 lakhs, while cash and cash equivalents improved marginally to ₹1.43 lakhs from ₹1.25 lakhs. Non-current borrowings increased to ₹827.64 lakhs from ₹796.89 lakhs.

Cash Flow Summary

The cash flow statement for the year ended March 31, 2026 is summarised below (₹ in lakhs):

Financing activities generated a net inflow of ₹30.75 lakhs in FY26, primarily from additional borrowings, compared to a net outflow of ₹1.00 lakh in FY25.

Contingent Liabilities and Other Notes

The company disclosed contingent liabilities of ₹2,216.79 lakhs as at March 31, 2026 (₹2,216.69 lakhs as at March 31, 2025), representing claims not acknowledged as debts under the Income Tax Act, 1961. The management, along with its tax advisors, believes these proceedings will not have a material adverse effect on the company's financial position. The company operates solely in the infrastructure segment and does not prepare consolidated financial results for two associated partnership firms, as there were no operations in those entities during the period. Additionally, two cars with zero book value remain registered in the company's name, with insurance expenses charged to the profit and loss account.

The results were reviewed by the Audit Committee and approved by the Board of Directors. The intimation was signed by Director Vikram Chhaganlal Patel (DIN: 00166707) on May 9, 2026.

Popular estate management Limited has submitted its quarterly compliance certificate to BSE Limited, fulfilling regulatory requirements under SEBI (Depositories and Participants) Regulations, 2018. The filing demonstrates the company's adherence to mandatory disclosure norms for the quarter ended March 31, 2026.

Regulatory Compliance Filing

The certificate was submitted under Regulation 74(5) of SEBI (Depositories and Participants) Regulations, 2018, which mandates companies to provide confirmation regarding dematerialisation processes. The document was digitally signed by Vikram Patel, Director (DIN: 00166707), and filed with BSE Limited on April 08, 2026.

Registrar Confirmation

MUFG Intime India Private Limited (formerly Link Intime India Pvt. Ltd.), serving as the company's Registrar and Share Transfer Agent, issued the compliance certificate dated April 01, 2026. The certificate was signed by Ashok Shetty, Sr. Vice President-Corporate Registry.

The registrar confirmed that securities received from depository participants for dematerialisation during the quarter ended March 31, 2026 were properly processed. The confirmation states that all securities were accepted or rejected to the depositories within prescribed timelines and that the securities have been listed on stock exchanges where earlier issued securities are listed.

Dematerialisation Process Compliance

The certificate confirms several key compliance aspects:

• Securities received for dematerialisation were confirmed or rejected within prescribed timelines
• Security certificates received were mutilated and cancelled after due verification by depository participants
• Names of depositories were substituted in the register of members as registered owners
• All processes followed SEBI regulatory requirements for the quarter

Company Information

Popular Estate Management Limited operates from its registered office located at F P No 35, NR.GEB Sb Station, B/h Greenfield Bunglow, Prl Laboratory at Thaltej, Dascroi Nandigram, Thaltej, Ahmedabad. The company carries CIN L65910GJ1994PLC023287 and maintains communication through telephone number 079-26858881 and email popularestatementagement@yahoo.co.in .

This regulatory filing represents routine compliance with SEBI requirements, ensuring transparency in the company's dematerialisation processes and maintaining good standing with regulatory authorities.