Prudent Corporate Advisory Services Limited announced its unaudited financial results for the quarter and half-year ended September 30, 2026. The company’s Board of Directors also approved an investment of up to ₹6.53 crore in its wholly-owned subsidiary, Prutech Financial Services Private Limited, through a rights issue. Additionally, the board approved the allotment of 1,190 equity shares under its ESOP scheme.
Prudent Corporate Reports Q2 FY27 Financials and Strategic Investment
Prudent Corporate Advisory Services Limited has announced the outcomes of its Board of Directors meeting held on October 28, 2026. The board reviewed and approved the un-audited standalone and consolidated financial results for the quarter and half-year ended September 30, 2026. These results reflect the company’s financial performance during the specified periods.
Investment in Subsidiary to Fuel Expansion
In a significant strategic move, the Board of Directors has approved an investment of up to ₹6,53,40,000 (Rupees Six Crore Fifty-Three Lakh Forty Thousand Only) in Prutech Financial Services Private Limited, a wholly-owned subsidiary. This investment will be made through a subscription to the rights issue of 1,80,000 equity shares of Prutech Financial Services Private Limited at an issue price of ₹363 per share. The funds are intended to support Prutech’s business expansion, particularly its diversification into portfolio management services and to meet its net worth requirements for registration as a Portfolio Manager.
ESOP Allotment and Financial Highlights
Furthermore, the company has approved the allotment of 1,190 equity shares of face value ₹5 each at an exercise price of ₹2,632 each, under the ‘ESOP – Prudent Employee Stock Option Scheme 2025’ (Grant-1). This allotment is to eligible employees upon the exercise of their options.
The detailed financial results, including standalone and consolidated statements of assets and liabilities, cash flow statements, and limited review reports, have been furnished and are available as Annexure-A to this disclosure. The Board meeting commenced at 11:30 AM and concluded at 01:50 PM on October 28, 2026.
Key Financial Data (Standalone)
- Revenue from Operations (Q2 FY27): ₹38,498.95 lakhs
- Profit After Tax (Q2 FY27): ₹6,977.42 lakhs
- Total Comprehensive Income (Q2 FY27): ₹6,876.78 lakhs
Investment Details in Prutech Financial Services Private Limited
- Entity: Prutech Financial Services Private Limited (Wholly Owned Subsidiary)
- Investment Amount: Up to ₹6,53,40,000
- Shares Subscribed: Up to 1,80,000 equity shares
- Issue Price: ₹363 per share
- Paid-up Capital (Post-investment): ₹28,00,000 (2,80,000 equity shares of ₹10 each)
- Turnover (FY ended March 31, 2026): ₹154.51 Lakhs
- Net Worth (as at March 31, 2026): ₹288.04 Lakhs
Source: BSE
