Manraj Housing Finance Ltd submitted its unaudited financial results for Q3 FY26 to BSE Limited under Regulation 47 of SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015. The company published newspaper advertisements on January 31, 2026, in Active Times (English Edition) and Mumbai Lakshadeep (Marathi Edition) to comply with regulatory requirements.

Financial Performance Overview

The company's financial results for the quarter and nine months ended December 31, 2025, reveal continued operational challenges. Total income remained minimal at ₹1.02 lakhs for Q3 FY26, unchanged from the previous quarter but representing an increase from ₹0.52 lakhs in Q3 FY25.

Expense Analysis and Operational Challenges

The company's expense structure reveals significant operational inefficiencies. Employee benefit expenses remained relatively stable at ₹1.17 lakhs for Q3 FY26 compared to ₹1.23 lakhs in the corresponding quarter of the previous year. However, other expenses increased substantially to ₹4.89 lakhs from ₹3.30 lakhs year-over-year.

Balance Sheet Position

The company's balance sheet as of December 31, 2025, shows a negative equity position of ₹70.57 lakhs, deteriorating from ₹26.99 lakhs as of March 31, 2025. Total assets stood at ₹1,953.12 lakhs, with non-current assets comprising ₹1,859.99 lakhs and current assets at ₹93.13 lakhs.

Auditor's Adverse Opinion

The independent auditors, Ratan Chandak & Co LLP, issued an adverse opinion on the financial results, highlighting several critical concerns including related party advances comprising approximately 99% of the company's assets, bank loan default with outstanding balance of ₹687.03 lakhs since February 2020, and unprovided interest totaling ₹674.92 lakhs.

Regulatory Compliance and Submission

The financial results were prepared in accordance with Indian Accounting Standards (Ind AS) and approved by the Board of Directors on January 30, 2026. Managing Director Ishwarlal Shankarlal Jain (DIN: 00386348) digitally signed the submission letter to BSE Limited, confirming compliance with regulatory disclosure requirements. The company maintains its registered office at 3, Pushpa Apartments, General Vaidya Chowk, Jalgaon, and trades on BSE with scrip code 530537.

Manraj Housing Finance Ltd has announced that its Board of Directors will convene on January 30, 2026, to deliberate on the company's third quarter financial performance and other key business matters. The meeting, scheduled for 4:30 PM, will be held at the company's registered office located at 3, Pushpa Apartment, General Vaidya Chowk, Jalgaon-425002.

Meeting Details and Regulatory Compliance

The board meeting notice has been issued in accordance with Regulation 29 read with Regulation 33 of SEBI (Listing Obligations and Disclosure Requirement) Regulations, 2015. The announcement was signed by Ishwarlal Jain, Managing Director (DIN: 00386348), and dated January 20, 2026.

Key Agenda Items

The board meeting will address seven primary agenda items, with the most significant being the consideration and approval of unaudited financial results for the quarter ended December 31, 2025. The comprehensive agenda includes:

• Financial Results Review: Consideration and approval of Q3FY26 unaudited financial results
• Governance Matters: Confirmation of previous board meeting minutes and committee meeting notes
• Business Operations: Review of company performance and strategic discussions
• Administrative Items: Chairman appointment, quorum confirmation, and leave of absence matters

Business Performance Outlook

According to the meeting notes, the Chairman has indicated that the company's performance for the third quarter ended December 31, 2025, has been "quite satisfactory." The board will discuss innovative ideas and suggestive measures to boost the company's growth in both monetary and non-monetary terms during the business operations review.

Corporate Information

The meeting will conclude with consideration of any other matters with the Chairman's permission, excluding those requiring proper notice. This board meeting represents a routine quarterly review process as part of the company's regulatory compliance and corporate governance framework.