ACE EDUTREND LTD Reports Q3 FY26 Loss and Key Board Decisions

ACE EDUTREND LTD announced its unaudited standalone financial results for the quarter and nine months ended December 31, 2025, revealing continued operational challenges with zero revenue generation and sustained losses. The company's board meeting on January 12, 2026, also addressed several corporate governance matters and strategic decisions.

Financial Performance Overview

The company reported a net loss of ₹1.24 lacs for Q3 FY26, showing improvement from the ₹1.92 lacs loss recorded in Q3 FY25. However, the company continues to operate without generating any revenue from operations during the quarter.

Expense Analysis

The company's operational expenses for Q3 FY26 totaled ₹1.24 lacs, comprising employee benefits expense of ₹0.32 lacs and other expenses of ₹0.92 lacs. This represents a decrease from Q3 FY25 expenses of ₹1.92 lacs, primarily due to lower other expenses which reduced from ₹1.92 lacs to ₹0.92 lacs year-over-year.

For the nine-month period, total expenses increased to ₹7.23 lacs from ₹5.69 lacs in the corresponding period of FY25, with employee benefits expense rising to ₹1.40 lacs from ₹0.28 lacs and other expenses increasing to ₹5.83 lacs from ₹5.41 lacs.

Board Decisions and Corporate Actions

The board meeting held on January 12, 2026, from 2:00 PM to 5:00 PM, approved several significant resolutions:

Director Regularization

The board approved a postal ballot notice to seek shareholder approval for regularizing Mr. Prasanna Laximdhara Mohapatra (DIN: 09528267) as Non Executive Independent Director. He was appointed as Additional Director with effect from November 14, 2025, and holds office until the ensuing Annual General Meeting.

Authorized Share Capital Decision

The board decided to cancel and withdraw the proposed increase in authorized share capital from ₹10.00 crores (1.00 crore equity shares of ₹10.00 each) to ₹50.00 crores (5.00 crore equity shares of ₹10.00 each). This proposal was originally included in the board meeting notice dated August 28, 2025.

Committee Reconstitution

The board noted the reconstitution of key committees with uniform composition across all three committees:

This structure applies to the Audit Committee, Nomination & Remuneration Committee, and Stakeholder Relationship Committee.

Regulatory Compliance

The company confirmed no deviations or variations in the use of IPO proceeds, stating that funds have been utilized as per the prospectus. The financial results were reviewed by the statutory auditors and approved by the audit committee before board approval. The company maintains a paid-up equity share capital of ₹91.61 lacs with face value of ₹10.00 per share.