Olatech Solutions Limited has announced the outcome of its Board Meeting held on November 13, 2026. The company reported its Standalone and Consolidated Unaudited Financial Statements for the half-year ended September 30, 2026. Key decisions included the appointment of Ms. Shairy Agrawal as the Company Secretary and Compliance Officer. The financial results indicate a net loss for the period.
Board Meeting Outcome and Financial Results
Olatech Solutions Limited convened its Board Meeting on November 13, 2026, during which the Board considered and approved key financial and corporate matters. The primary outcomes included the approval of the Standalone and Consolidated Unaudited Financial Statements for the half-year period concluding on September 30, 2026, as recommended by the Audit Committee.
New Appointment
In a significant corporate development, the Board also approved the appointment of Ms. Shairy Agrawal as the Company Secretary and Compliance Officer. This appointment, effective November 13, 2026, was made upon the recommendation of the Nomination and Remuneration Committee. Ms. Agrawal holds ICSI Membership No. A59875 and brings relevant experience in corporate law and compliance.
Financial Statements and Auditor’s Report
The company has enclosed the Unaudited Financial Results for the half-year ended September 30, 2026, along with the Limited Review Report from its Statutory Auditors, M/s Manoj Agrawal & co., Chartered Accountants. The financial statements reveal a net loss for the period, detailed in the enclosed financial reports. The consolidated statement of financial results shows a net loss of ₹79.85 Lakhs for the half-year ended September 30, 2026.
Consolidated Financial Highlights
The Consolidated Statement of Financial Results for the half-year ended September 30, 2026, details a revenue from operations of ₹1,964.16 Lakhs. Expenses amounted to ₹1,988.00 Lakhs, resulting in a Profit Before Exceptional & Extraordinary Items and Tax of -₹23.84 Lakhs. After tax expenses, the Profit for the period attributable to Shareholders of the Parent Company was -₹31.80 Lakhs, with a basic earnings per share of -₹0.71.
Source: BSE
