Yunik Managing Advisors Limited reported a net loss of Rs 25.44 lakhs for the year ended March 31, 2026, a significant widening from the net loss of Rs 8.62 lakhs recorded in the previous year. The company, which operates in the single business segment of consultancy and advisory services, recorded nil total income for FY26 compared to Rs 11.35 lakhs in FY25. The audited standalone financial results were approved by the Board of Directors at its meeting held on May 15, 2026, following a recommendation by the Audit Committee.

Financial Performance: FY26 vs FY25

The company's financial results for the year ended March 31, 2026 reflect a deterioration in performance, driven entirely by operating expenditure in the absence of any revenue from operations. The following table presents the key financial metrics for the year and the most recent quarter:

*Not Annualised. Figures in Rs. In Lakhs except EPS.

Professional fees were the largest expense item for FY26 at Rs 9.03 lakhs, followed by postage, printing and stationery at Rs 4.52 lakhs, and listing and custodial fees at Rs 3.84 lakhs. Payment to auditors stood at Rs 2.29 lakhs, while custodial fees pertaining to earlier years amounted to Rs 2.30 lakhs during the quarter ended March 31, 2026.

Balance Sheet and Cash Flow Highlights

The company's total assets stood at Rs 66.64 lakhs as at March 31, 2026, marginally higher than Rs 66.54 lakhs as at March 31, 2025. Cash and cash equivalents increased slightly to Rs 2.43 lakhs from Rs 2.33 lakhs. Equity share capital remained unchanged at Rs 1,428.78 lakhs, while other equity stood at (Rs 1,418.55 lakhs) as at March 31, 2026, compared to (Rs 1,393.10 lakhs) in the prior year.

Net cash generated from operating activities for FY26 was Rs 0.10 lakhs, compared to a net cash outflow of Rs 0.12 lakhs in FY25. The statutory auditors, M/s. A. P. Rajagopalan & Co., Chartered Accountants (FRN: 0108321W), issued an audit report with an unmodified opinion on the financial results for the year ended March 31, 2026.

Board Approves Key Appointments

At the same board meeting, several significant appointments were approved across governance, audit, and compliance functions:

Director Appointments:

• Mr. Pankaj Kumar Maskara (DIN 00054261) appointed as Additional Director (Non-Executive Non-Independent Director) effective May 15, 2026, subject to shareholder approval. He holds an MBA from Ranchi University and is an MDP alumnus of IIM Ahmedabad, with over three decades of experience across manufacturing and services sectors.
• Mr. Kalpesh Virji Dedhiya (DIN 10087626) appointed as Additional Director (Non-Executive Non-Independent Director) effective May 15, 2026, subject to shareholder approval. He is a B.Com graduate from Mumbai University with 20 years of experience in taxation and compliance.

Audit and Compliance Appointments:

Ms. Prachi Vichare is a Law Graduate and an Associate Member of the Institute of Company Secretaries of India (ICSI), with over 12 years of experience in legal matters, corporate laws, SEBI compliances, and secretarial audits.

Change in Location of Books of Accounts

The board also approved the shifting of the company's books of accounts from Essar House, 11, K. K. Marg, Mahalaxmi, Mumbai – 400 034, to 128, Jolly Maker Chambers II, Nariman Point, Mumbai 400021, Maharashtra, India. The company confirmed that there is no change in its registered office. The financial results are being uploaded on the company's website and will be published in newspapers pursuant to Regulation 47 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015.

Yunik Managing Advisors Limited, formerly known as Essar Securities Limited, has notified BSE Limited of an upcoming Board of Directors meeting scheduled for Friday, May 15, 2026. The intimation was filed on May 6, 2026, in compliance with Regulation 29 read with Regulation 33 of the Securities and Exchange Board of India (Listing Obligations and Disclosure Requirements) Regulations, 2015.

Board Meeting Agenda

The Board of Directors meeting has been convened to consider and approve key business items. The following matters are scheduled to be taken up at the meeting:

• Audited Financial Results for the Quarter and Financial Year ended March 31, 2026
• Any other matters with the permission of the chair, if any

Trading Window Closure

In continuation of the company's earlier intimation regarding the Closure of Trading Window, communicated vide letter dated March 25, 2026, the trading window for dealing in the securities of the company is already closed for Specified Persons. The key details of the trading window closure are outlined below:

The trading window shall remain closed until May 17, 2026, for all Specified Persons as defined under the applicable SEBI regulations.

Regulatory Compliance

The intimation was submitted by Priyanka Oka, Director (DIN: 08066379), on behalf of Yunik Managing Advisors Limited. The company is headquartered at Essar House, 11, K. K. Marg, Mahalaxmi, Mumbai – 400 034, and the filing was made to BSE Limited at Phiroze Jeejeebhoy Towers, Dalal Street, Mumbai 400 001.