Rich Universe Network Limited approved its draft board report and the notice for its 36th annual general meeting during a board meeting held on August 21, 2026. The company also appointed a scrutinizer for the upcoming event.

The Board of Directors convened at the registered office in Kanpur at 3:45 pm and concluded the meeting at 4:30 pm. In compliance with Regulation 30 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015, the board finalized key administrative matters for the financial year ended March 31, 2026.

Key Approvals

The board approved the following resolutions:

• Draft Board's Report: Approved for FY26, including all annexures and the Management Discussion & Analysis Report, to be part of the Annual Report for FY25-26.
• AGM Notice: Approved the draft notice convening the 36th Annual General Meeting.
• Scrutinizer Appointment: Appointed PCS Mr. Vaibhav Agnihotri, Proprietor of M/s. V. Agnihotri & Associates, as the scrutinizer for e-voting and voting processes.
• Register Closure: Approved the closure of the Register of Members and Share Transfer Books from September 14, 2026, to September 21, 2026 (both days inclusive).

Meeting Details

The 36th Annual General Meeting is scheduled to take place on Monday, September 21, 2026. Shareholders are advised that the register closure period will prevent share transfers during the specified dates to determine eligibility for voting rights.

Rich Universe Network returned to profitability in the quarter ended June 30, 2026, reporting a net profit of ₹15.28 lakh. This marks a significant turnaround from the net loss of ₹5.70 lakh recorded in the corresponding quarter ended June 30, 2025. The positive result was driven entirely by interest income, which constituted the company's sole revenue source for the period, highlighting a shift away from operational trading activities toward financial asset yields.

Revenue from operations for Q1FY27 stood at ₹21.09 lakh, up from ₹0.00 lakh in the same period last year. This figure was derived exclusively from interest income, as dividend income and gains on fair value changes remained nil. Total income for the quarter settled at ₹21.09 lakh, a notable decrease from the preceding quarter's total income of ₹74.79 lakh, which had been largely supported by other income rather than core operations.

The company managed its expenses effectively during the quarter, with total expenses amounting to ₹5.81 lakh. This was slightly higher than the ₹5.70 lakh reported in the corresponding quarter of the previous year. Employee benefit expenses accounted for ₹1.62 lakh, while other expenses stood at ₹4.19 lakh. Finance costs and depreciation expenses were nil for the period, contributing to the margin expansion.

Financial Performance Summary

The paid-up equity share capital of the company remained constant at ₹725.28 lakh during the period. Earnings per share (EPS) on a basic and diluted basis improved to ₹0.21 for the quarter, compared to a negative EPS of ₹0.08 in the same quarter of the previous year. The financial results were prepared in compliance with Indian Accounting Standards (Ind AS).

What the Numbers Show

The return to profitability is strictly dependent on non-operational revenue streams. With zero revenue from sale of products or dividend income, the company’s current earnings model relies entirely on interest income. This creates a concentration risk where any fluctuation in interest rates or yield on financial assets directly impacts the bottom line, given that operating expenses remain fixed at approximately ₹5.8 lakh per quarter.