Laddu Gopal Online Services Limited has announced the approval of a significant rights issue worth Rs. 30.00 crores following its Board of Directors meeting held on February 23, 2026. The company formerly known as ETT Limited has now scheduled a Rights Issue Committee meeting for March 2, 2026, to finalize crucial terms of the offering.

Rights Issue Details

The board has approved the issuance and allotment of equity shares with specific parameters designed to benefit existing shareholders:

Rights Issue Committee Meeting Agenda

The Rights Issue Committee meeting scheduled for Monday, March 2, 2026, will address several critical aspects of the rights issue:

Rights Issue Committee Composition

The board has constituted a dedicated Rights Issue Committee to oversee the entire process with the following composition:

• Mr. Lovish Kataria - Chairman
• Ms. Afsana Mirose Kherani - Member
• Ms. Namrata Sharma - Member

The committee has been authorized to appoint various intermediaries and execute all necessary actions for the successful completion of the rights issue.

Trading Window Closure

In compliance with SEBI Prohibition of Insider Trading Regulations 2015 and the company's Code of Conduct, the trading window for designated persons and their immediate relatives has been closed from February 25, 2026. The window will remain closed until 48 hours after the closure of the Rights Issue Committee meeting.

Regulatory Framework

The rights issue will be conducted in accordance with multiple regulatory frameworks including SEBI Issue of Capital and Disclosure Requirements Regulations 2018, SEBI Listing Obligations and Disclosure Requirements Regulations 2015, and the Companies Act 2013. The company has committed to obtaining all applicable regulatory and statutory approvals before proceeding with the issue.

Laddu Gopal Online Services Limited (formerly known as ETT Limited) announced its unaudited financial results for the third quarter of FY26, revealing a mixed performance with quarterly losses offset by strong nine-month profitability. The company's board of directors approved these results during their meeting held on January 19, 2026.

Financial Performance Overview

The company's Q3FY26 performance presents a contrasting picture when compared to previous periods. Here's a detailed breakdown of key financial metrics:

Business Segment Analysis

The company's operational focus shifted significantly during Q3FY26. While its primary business objective remains digital marketing services according to its Memorandum of Association, the company engaged in mobile telecommunication services trading during the quarter under review.

The mobile telecommunication services segment generated substantial revenue of ₹1,321.00 lakhs with direct expenses of ₹1,300.00 lakhs, resulting in a segment profit of ₹21.00 lakhs. However, the digital marketing segment recorded a loss of ₹22.90 lakhs due to operational expenses without corresponding revenue generation.

Expense Structure and Profitability

Total expenses for Q3FY26 reached ₹1,322.90 lakhs, primarily driven by direct expenses of ₹1,300.00 lakhs related to the mobile telecommunication services business. Other significant expense components included other expenses of ₹22.36 lakhs and employee benefits expenses of ₹0.54 lakhs. The company's profit before tax stood at ₹(1.90) lakhs, with tax adjustments resulting in the final net loss of ₹1.42 lakhs.

Auditor's Qualified Review

The statutory auditors, SDPM & Co. Chartered Accountants, issued a qualified conclusion on the financial results. Key concerns highlighted in their review include:

• RBI Compliance Issues: The company's financial assets constitute more than 50% of total assets, and income from financial assets exceeds 50% of gross income, making RBI registration under Section 45-IA mandatory, which the company has not obtained
• Loan Limit Violations: Corporate loans and advances exceeded limits specified under Section 186 of the Companies Act, 2013
• Deposit Irregularities: Acceptance of loans from individuals contravenes Section 73 of the Companies Act, 2013
• Documentation Gaps: Absence of balance confirmations for outstanding unsecured loans and advances

Capital Structure

The company maintained its paid-up equity share capital at ₹2,695.85 lakhs with a face value of ₹2.00 per share throughout the reporting period. This represents a significant increase from ₹1,036.87 lakhs in the corresponding quarter of the previous year, indicating substantial capital expansion during FY25.

Nine-Month Performance Highlights

Despite the quarterly loss, the company's nine-month performance for FY26 shows resilience with total comprehensive income of ₹99.32 lakhs on revenue of ₹1,488.71 lakhs. This compares favorably with the nine-month period of FY25, which recorded higher profits of ₹173.33 lakhs on lower revenue of ₹242.34 lakhs, primarily from other income sources.