Edvenswa Enterprises Limited has announced its unaudited standalone and consolidated financial results for the quarter and nine months ended December 31, 2025. The Board of Directors considered and approved the results at their meeting held on February 14, 2026, along with the Limited Review Reports issued by Venugopal & Chenoy, Chartered Accountants.

Financial Performance Overview

The company's financial performance for Q3FY26 showed significant challenges compared to the previous year. Revenue from operations declined substantially, while the company moved from profitability to losses during the quarter.

Nine Months Performance

For the nine months ended December 31, 2025, the company demonstrated mixed results with revenue decline but improved profitability on a year-to-date basis.

Expense Analysis

The company's expense structure showed variations across different categories during Q3FY26:

• Employee Benefits Expense: ₹24.10 lakhs (Q3FY26) vs ₹24.55 lakhs (Q3FY25)
• Finance Cost: ₹0.07 lakhs vs ₹0.01 lakhs
• Depreciation and Amortisation: ₹1.28 lakhs vs nil in previous year
• Other Expenses: ₹8.98 lakhs vs ₹58.75 lakhs

Tax and Earnings Per Share

The company reported current tax of ₹10.48 lakhs and income tax for earlier years of ₹4.60 lakhs for Q3FY26. The earnings per share (basic) stood at ₹(0.05) for the quarter compared to ₹0.04 in the corresponding quarter of the previous year.

Corporate Details

Edvenswa Enterprises Limited operates in the software development segment as its primary business. The company maintains a paid-up share capital of ₹2,921.60 lakhs with a face value of ₹10.00 per share. Total reserves stood at ₹8,001.63 lakhs as of December 31, 2025.

The financial results have been prepared in accordance with Indian Accounting Standards (Ind AS) and reviewed by the company's statutory auditors. The Board meeting commenced at 8:30 PM IST and concluded at 9:30 PM IST on February 14, 2026.

Edvenswa enterprises successfully concluded its Extraordinary General Meeting on January 21, 2026, with shareholders delivering overwhelming support for a key corporate governance initiative. The meeting, conducted through video conferencing from 11:00 AM to 11:26 AM, addressed the reclassification of a promoter group member to public category status.

Voting Results and Shareholder Participation

The EGM witnessed strong shareholder participation with 44 members attending through video conferencing. The voting process included both remote e-voting conducted from January 18-20, 2026, and e-voting during the meeting itself. BSS & Associates served as the scrutinizer for the voting process, ensuring transparency and compliance with regulatory requirements.

Resolution Details and Regulatory Compliance

The ordinary resolution focused on reclassifying Mr. Y. Ramesh Reddy from the promoter category to public category. This strategic move aligns with SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015, specifically Regulation 31A. The company had secured necessary regulatory approvals, including a no-objection letter from BSE Limited dated November 25, 2025.

Overwhelming Shareholder Support

The resolution received exceptional support from shareholders, with 99.9997% of votes cast in favor of the reclassification. Out of 14,792,528 total votes polled, only 50 votes were cast against the proposal, demonstrating strong confidence in the company's corporate governance decisions.

Compliance and Future Obligations

As part of the reclassification process, Mr. Y. Ramesh Reddy has committed to comply with specific conditions outlined in Regulation 31A(3) of SEBI (LODR) Regulations. These include adherence to certain conditions for a minimum period of three years from the reclassification date, ensuring continued regulatory compliance and transparency.

Meeting Administration

The EGM was conducted with proper corporate governance protocols, with Company Secretary Hima Bindu Dulipala overseeing the proceedings. The meeting utilized CDSL's e-voting platform for both remote voting and voting during the meeting. The record date for determining voting eligibility was set as January 14, 2026, with 8,595 total shareholders on record.