Popees Cares Limited successfully conducted its Extra-Ordinary General Meeting on February 21, 2026, where shareholders approved six special resolutions, including a significant company name change. The meeting was held through video conferencing from 12:00 PM to 12:26 PM, with 47 shareholders participating virtually.

Meeting Overview and Participation

The EGM was conducted under the supervision of scrutinizer Suprabhat Chakraborty from Suprabhat & Co., who was appointed by the board on January 15, 2026. The company had 7242 total shareholders on the record date of February 14, 2026.

Key Resolution: Company Name Change

The most significant resolution approved was the change of company name from "Popees Cares Limited" to "Koiya International Limited." This special resolution received overwhelming support with 99.79% votes in favor.

Other Approved Resolutions

Shareholders also approved five additional special resolutions:

Director Appointment: The regularization/appointment of Mr. Saroj Kumar Choudhury received 99.79% approval, with 1314802 votes in favor out of 1317540 votes polled.

Board Authorization: Three resolutions related to board powers were approved with 99.94% support each:

• Authorization for board to create securities
• Increase in borrowing powers
• Grant of loans, guarantees and securities to related parties

Each of these resolutions received 1318762 votes in favor out of 1319520 votes polled, representing 21.91% of total outstanding shares.

Voting Pattern Analysis

The promoter group demonstrated complete support across all resolutions, voting 100% of their 1311901 shares in favor of each proposal. Public non-institutional shareholders showed varying participation levels, with the highest participation of 0.18% for the name change resolution and 0.16% for other resolutions.

All resolutions were passed with the requisite majority as per regulatory requirements. The voting results were disclosed under Regulation 44(3) of SEBI (Listing Obligation and Disclosure Requirements) Regulations, 2015, with the scrutinizer's report issued on February 23, 2026.

Popees Cares Limited, formerly known as Archana Software Limited, announced its standalone unaudited financial results for the quarter ended December 31, 2025, revealing continued operational challenges with zero revenue generation and sustained losses.

Financial Performance Overview

The company reported a net loss of ₹9.52 lacs for Q3FY26, representing a significant improvement from the ₹21.95 lacs loss recorded in the corresponding quarter of the previous year. Despite this improvement, the company generated no revenue from operations during the quarter.

Expense Analysis

The company's total expenses for Q3FY26 stood at ₹9.52 lacs, substantially lower than the ₹21.95 lacs incurred in Q3FY25. The expense structure included:

• Employee benefits expenses: ₹1.70 lacs
• Other expenses: ₹7.82 lacs
• Finance costs and depreciation: Nil

Nine-Month Performance

For the nine months ended December 31, 2025, Popees Cares reported a cumulative net loss of ₹26.60 lacs, showing improvement from the ₹35.97 lacs loss in the corresponding period of the previous year. Total expenses for the nine-month period amounted to ₹26.60 lacs, with employee benefits expenses of ₹5.05 lacs and other expenses of ₹21.56 lacs.

Balance Sheet Position

The company's financial position reflects significant challenges with negative equity of ₹91.21 lacs as of December 31, 2025, compared to negative ₹64.61 lacs as of March 31, 2025.

Going Concern Considerations

Despite the erosion of net worth, the company continues to prepare its financial statements on a going concern basis. Management noted that the company was substantially acquired by current promoters in October 2023, with the name change from Archana Software Limited to Popees Cares Limited effective April 5, 2024. The company's ability to continue operations depends on additional fund infusion from promoters and shareholders, along with revenue generation from future business activities.

Corporate Governance

The unaudited financial results were reviewed by the Audit Committee and approved by the Board of Directors at their meeting held on February 11, 2026. The results were prepared in accordance with Indian Accounting Standard 34 "Interim Financial Reporting" and received a limited review from statutory auditors Mahesh C. Solanki & Co.