Woodsvilla Limited shareholders approved a special resolution to increase the company's overall borrowing limit to ₹15 crore during its 38th Annual General Meeting held on September 29, 2026. The meeting also authorized the sale of key business undertakings, signaling a potential strategic shift in the company's asset portfolio.

The board proposed the enhancement in borrowing limits under Section 180(1)(c) of the Companies Act, 2013. This allows the directors to borrow sums necessary for the company's purposes, provided the total amount does not exceed ₹15 crore at any one time, excluding temporary loans from bankers in the ordinary course of business.

Asset disposal authorization

A separate special resolution granted consent to sell, transfer, or dispose of the Woodsvilla Resort and Woodsvilla Residency (Apartments) business undertakings. This action falls under Section 180(1)(a) of the Companies Act, 2013, and Regulation 37A of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015.

The sale is permitted as a going concern to any person for an aggregate consideration not less than the book value of the respective undertaking as per the latest audited financial statements. The transaction may occur in parts or as a whole, in one or more tranches, subject to applicable laws and approvals.

Other resolutions passed

Members adopted the audited financial statements for FY26 along with the reports of the auditor and Board of Directors. The auditors' reports were noted as unqualified with no adverse remarks.

Ms. Meena Aggarwal was re-appointed as a director in place of herself, retiring by rotation under Section 152 of the Companies Act, 2013. Additionally, M/s Kundan Agrawal & Associates was appointed as the secretarial auditor for a five-year term from FY27 to FY31.

Meeting details

The meeting was chaired by Vipin Aggarwal and conducted via video conferencing. Directors Sudhanshu Kumar Nayak, Meena Aggarwal, Ravinder Mohan Manchanda, Vineeta Agrawal, and Vineet Gupta attended the session. Voting results were declared within 48 hours on the company and stock exchange websites.

Woodsvilla Limited has announced its unaudited financial results for the second quarter and half-year ended September 30, 2025. The company's Board of Directors approved these results in a meeting held on November 13, 2025.

Key Financial Highlights

The company has reported the following financial figures for Q2 FY2026:

Key Points

1. Revenue Decline: The company's revenue from operations in Q2 FY2026 decreased to ₹22.70 lakhs compared to ₹31.87 lakhs in the same quarter of the previous year.

2. Reduced Losses: Despite the revenue decline, Woodsvilla Limited managed to narrow its losses. The company reported a loss of ₹2.95 lakhs in Q2 FY2026, compared to a loss of ₹3.81 lakhs in Q2 FY2025.

3. Half-Yearly Performance: For the first half of FY2026, the company reported a profit of ₹5.33 lakhs, indicating a positive trend compared to the quarterly results.

4. Auditor's Review: Rakesh Raj Associates, Chartered Accountants, conducted a limited review of the financial statements and provided an unqualified opinion, stating that nothing came to their attention suggesting material misstatements in the financial results.

5. Regulatory Compliance: The financial statements were prepared in accordance with Indian Accounting Standards and SEBI listing regulations, as confirmed in the company's submission to BSE Limited (SME Platform).

About Woodsvilla Limited

Woodsvilla Limited, with its registered office in New Delhi, operates in the hospitality sector. The company's shares are listed on the BSE SME Platform, and it has a paid-up equity share capital of ₹300.70 lakhs.

The Board meeting for approving these results commenced at 12:00 PM and concluded at 2:30 PM on November 13, 2025.