NCL Research & Financial Services Ltd — Important, 01-06-2026: Company Update

**NCL RESEARCH & FINANCIAL SERVICES LIMITED**

NCL Research & Financial Services has announced its audited financial results for the quarter and year ended March 31, 2026. For the quarter, the company reported a total income from operations of (0.26) Cr and a net loss of (6.87) Cr. The total comprehensive income for the period was (5.98) Cr, with basic and diluted earnings per share at (0.05). Paid-up equity share capital stood at 107.03 Cr. The company's results indicate a challenging financial period.

**GCM SECURITIES LIMITED**

GCM Securities has announced its audited financial results for the quarter and year ended March 31, 2026. For the quarter, the company reported a total income from operations of (0.38) Cr, with a net loss of (1.24) Cr. The total comprehensive income for the period was (4.22) Cr. Basic and diluted earnings per share were (0.07). The paid-up equity share capital remained at 18.99 Cr. These figures highlight a period of operational losses for the company.

**BALKRISHNA PAPER MILLS LIMITED**

Balkrishna Paper Mills is seeking shareholder approval through a postal ballot and e-voting for two key proposals. The first involves a plan to reduce the company's share capital. The second proposal pertains to approving material related party transactions with several entities, including Futuristic Concepts Media LLP and Welink Fabrics LLP. Shareholders will cast their votes electronically on these significant corporate actions, which could impact the company's capital structure and operational relationships.

**NEWTIME INFRASTRUCTURE LIMITED**

Newtime Infrastructure has announced its unaudited consolidated financial results for the quarter and nine months ended December 31, 2024. For the quarter, the company reported total income from operations of 1.33 Cr and a consolidated loss of (1.54) Cr. Segment results show Real Estate with a loss of (1.32) Cr on revenues of 0.70 Cr, and Hospitality with a loss of (0.08) Cr on revenues of 0.32 Cr. The company previously issued bonus shares in a 2:1 ratio. A provisional attachment order against certain assets does not affect business operations.

**PRO CLB GLOBAL LIMITED**

The Committee of Independent Directors (IDC) of Pro CLB Global has assessed an open offer to acquire 26% of the company's shares. The IDC's view is that the offer price of ₹15.25 per equity share is fair and reasonable. This assessment is based on the offer price being higher than both valuation parameters (₹15.12) and the negotiated price in a share purchase agreement (₹15.00). This indicates a favorable offer for shareholders participating in the acquisition.

**KRA LEASING LIMITED**

KRA Leasing has announced its unaudited consolidated financial results for the quarter and nine months ended December 31, 2024. For the quarter, the company reported a total income from operations of 1.18 Cr. The net profit for the period before tax stood at 1.02 Cr, with a net profit of 0.79 Cr after tax. Total comprehensive income for the period was 0.88 Cr. The paid-up equity share capital was 6.71 Cr, and earnings per share were 0.66. These figures show a profitable quarter for the company.

**SOBHAGYA MERCANTILE LIMITED**

Sobhagya Mercantile has announced its audited financial results for the quarter and year ended March 31, 2026, which were approved by its Board of Directors. For the quarter, the company recorded a total income from operations of 81.50 Cr, with a net profit before tax of 10.84 Cr. The net profit after tax was 5.67 Cr, and total comprehensive income stood at 5.63 Cr. Earnings per share were 7.88. These results reflect a strong financial performance for the quarter.

**EDELWEISS ASSET RECONSTRUCTION COMPANY LIMITED / NEPTUNE VENTURES AND DEVELOPERS PRIVATE LIMITED**

Edelweiss Asset Reconstruction Company (EARC) has announced an e-auction for the sale of specific immovable properties belonging to Neptune Ventures and Developers Private Limited and its guarantors. This sale aims to recover dues of 310.14 Cr outstanding from May 10, 2019. The assets being auctioned include units E101 and E103 in ‘Magnet Mall’ (Eastern Business District), Bhandup, Mumbai, with carpet areas of 1,248 sq ft and 1,437 sq ft respectively. Reserve prices are 2.15 Cr for Lot 2 (E101) and 2.47 Cr for Lot 1 (E103).

**GRAND FOUNDRY LIMITED**

Grand Foundry has received an update on its open offer, which includes a revised schedule for the acquisition process. Additionally, updated financial details have been provided for both the acquirer, SAR Televenture Limited, and Grand Foundry itself. SAR Televenture Limited’s net worth stood at 773.03 Cr, while Grand Foundry reported a net income of 10.53 Cr and a profit after tax of 0.18 Cr for the year ended March 31, 2026, with a negative net worth of (5.45) Cr.