Prism Finance has shut its trading window for designated personnel effective July 1, 2026, to prevent insider trading ahead of its quarterly financial announcement. The restriction will remain in force until 48 hours after the company declares its unaudited financial results for the quarter ended June 30, 2026. This measure ensures compliance with regulatory standards regarding the prohibition of insider trading.

The decision aligns with the company's Code of Conduct for Prevention of Insider Trading and follows the provisions of Clause 4 of Schedule B under the SEBI (Prohibition of Insider Trading) Regulations, 2015. Additionally, the move adheres to BSE Circular No. LIST/COMP/01/2019-20 dated April 2, 2019.

The closure of the trading window is a standard procedural step implemented by companies to maintain market integrity and prevent the misuse of unpublished price-sensitive information (UPSI) during the period leading up to financial results. The window will reopen automatically once the stipulated period post-results declaration elapses.

Prism Finance reported a widened net loss of ₹354.35 lakh for the financial year ended March 31, 2026, compared to a net loss of ₹101.75 lakh in the previous year. Total revenue from operations declined to ₹526.33 lakh from ₹571.86 lakh in FY25, driven by a reduction in gains from the derecognition of financial instruments. The company’s total income for the year stood at ₹562.45 lakh, down from ₹571.89 lakh in the prior year.

Financial Performance

The company’s expenses increased to ₹949.90 lakh in FY26 from ₹842.41 lakh in the previous year. A significant component of the expenses was a net loss on the derecognition of financial instruments under the amortised cost category, which amounted to ₹351.22 lakh, up from ₹321.07 lakh in FY25. Additionally, net loss on fair value changes rose to ₹481.57 lakh from ₹375.25 lakh in the corresponding period last year.

Key Metrics

The basic and diluted earnings per share (EPS) for the year worsened to a loss of ₹5.45 per share, compared to a loss of ₹1.57 per share in FY25. The company’s paid-up equity share capital remained constant at ₹650.03 lakh. Reserves excluding revaluation reserves decreased to ₹1,208.25 lakh as of March 31, 2026, from ₹1,562.60 lakh in the previous year.

Board Approvals and Appointments

The Board of Directors approved the standalone audited financial results for FY26 in a meeting held on May 29, 2026. The statutory auditors, M/s. H K Shah & Co., issued an unmodified opinion on the audited financial results. Additionally, the board appointed M/s. Kashyap R. Mehta & Partners, Company Secretaries, as the new secretarial auditors to fill a casual vacancy caused by the resignation of the previous auditor. The new firm will hold office until the date of the ensuing Annual General Meeting.

Asset and Liability Position

The company’s total assets decreased to ₹1,911.94 lakh as of March 31, 2026, from ₹2,369.01 lakh in the previous year. Investments decreased significantly to ₹1,641.46 lakh from ₹2,228.01 lakh. Total equity and liabilities stood at ₹1,911.94 lakh, with total equity attributable to owners of the parent at ₹1,858.28 lakh, down from ₹2,212.63 lakh in FY25.