Technojet Consultants Limited held its Board of Directors meeting on May 15, 2026, and approved the audited financial results for the quarter and financial year ended March 31, 2026. The board recommended a final dividend of ₹87 per equity share of ₹10 each and fixed June 19, 2026 as the date for the company's 44th Annual General Meeting (AGM), in compliance with Regulations 30 and 33 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015.

Financial Performance

The audited financial results for the year ended March 31, 2026, reflect a decline in revenue and a swing to a net loss compared to the prior year. The company reported nil revenue from operations for the full year, against ₹12.00 lakhs in the previous year. Total income stood at ₹3.14 lakhs, compared to ₹15.25 lakhs in the prior year, driven entirely by other income. Total expenses rose to ₹12.99 lakhs from ₹11.52 lakhs, primarily due to higher employee benefits expense of ₹4.15 lakhs (versus ₹2.80 lakhs) and other expenses of ₹8.83 lakhs (versus ₹8.71 lakhs). A prior period tax charge of ₹1.02 lakhs resulted in a net loss after tax of ₹10.87 lakhs for FY26, against a net profit of ₹3.73 lakhs in FY25.

The following table summarises the key financial metrics across quarters and full-year periods:

Other Comprehensive Income (OCI) of ₹160.52 lakhs, arising from realisation on sale of equity instruments (gross ₹178.52 lakhs, net of income tax of ₹18.00 lakhs), resulted in total comprehensive income of ₹149.65 lakhs for the year.

Balance Sheet Highlights

The company's balance sheet reflects a significant improvement in liquidity. Total assets rose to ₹212.16 lakhs as at March 31, 2026, from ₹62.86 lakhs as at March 31, 2025. Cash and cash equivalents surged to ₹202.95 lakhs from ₹2.00 lakhs, driven by proceeds from the sale of investments. Total shareholders' funds stood at ₹211.38 lakhs, comprising equity share capital of ₹20.00 lakhs and other equity of ₹191.38 lakhs.

Cash Flow Highlights

From a cash flow perspective, the company reported net cash used in operating activities of ₹23.59 lakhs for the year, compared to ₹13.12 lakhs used in the prior year. Net cash generated from investing activities stood at ₹224.55 lakhs, driven primarily by sale of investment measured at FVTOCI of ₹178.52 lakhs and proceeds from sale of mutual funds of ₹216.77 lakhs, partially offset by purchase of mutual funds of ₹215.00 lakhs. There were no financing activities during the year. Overall, cash and cash equivalents increased by ₹200.95 lakhs during the year.

Dividend, Book Closure, and AGM

The Board has recommended a final dividend of ₹87 per equity share of ₹10 each for the financial year ended March 31, 2026, subject to approval at the 44th AGM scheduled for June 19, 2026. The Register of Members and Share Transfer Books will remain closed from June 13, 2026 to June 19, 2026 (both days inclusive) for the purpose of the AGM and determining dividend entitlement. The record date for the AGM and final dividend has been set as June 12, 2026.

Auditor's Report

M/s Manek & Associates, Chartered Accountants (Firm Registration No. 0126679W), issued an unmodified opinion on the audited financial results for the quarter and year ended March 31, 2026. The audit was conducted in accordance with the Standards on Auditing specified under Section 143(10) of the Companies Act, 2013. The declaration pursuant to Regulation 33(3)(d) was issued by Bhumika Ojha, Chief Financial Officer of Technojet Consultants Limited, confirming the unmodified audit opinion. It is noted that the financial results for the quarter ended June 30, 2025 and year ended March 31, 2025 were audited by Kalyaniwalla & Mistry LLP, Chartered Accountants, who also issued an unmodified opinion on those results.

Technojet Consultants Limited has announced key changes in its management structure following a Board of Directors meeting held on January 30, 2026. The company has informed BSE Limited about the resignation and appointment of Key Managerial Personnel under Regulation 30 of SEBI Listing Obligations and Disclosure Requirements Regulations, 2015.

Management Transition Details

The Board meeting, which commenced at 3.30 p.m. and concluded at 4.00 p.m., addressed two significant personnel changes. Ms. Mahak Saraf has resigned from her position as Company Secretary, Compliance Officer and Chief Financial Officer, while Ms. Bhumika Ojha has been appointed as her replacement.

Resignation of Ms. Mahak Saraf

Ms. Mahak Saraf tendered her resignation from the position of Company Secretary, Compliance Officer and Chief Financial Officer to pursue alternate career opportunities outside the organization. Her resignation became effective from the close of business hours on January 30, 2026. The resignation letter, dated October 17, 2025, requested relief from responsibilities upon completion of the necessary three-month notice period.

Appointment of Ms. Bhumika Ojha

The Board approved Ms. Bhumika Ojha's appointment based on recommendations from the Nomination and Remuneration Committee and approval from the Audit Committee. Ms. Ojha has been authorized for determining materiality of events or information and making disclosures to the stock exchange.

Regulatory Compliance

The announcement was made pursuant to Regulation 30 of SEBI Listing Obligations and Disclosure Requirements Regulations, 2015. The company provided comprehensive information as required under Part A, Para A of Schedule III of the SEBI Listing Regulations, including detailed particulars about both the resignation and appointment.

The transition ensures continuity in the company's compliance and financial management functions, with Ms. Ojha bringing relevant experience in company law matters and listing regulations to support the organization's regulatory requirements.