BSEBoard Meeting5d ago · 5 Nov 2026, 04:19 pm
Attached herewith outcome of board meeting to consider and approve the unaudited standalone financial results for the quarter ended September 30, 2026
Mahasagar Travels Ltd · 526795
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Mahasagar Travels Ltd announced its unaudited standalone financial results for the quarter ended September 30, 2026, and year-to-date results for the period from April 1, 2026 to September 30, 2026. The company's management has approved the financial statements, and the auditor, B H Advani & Associates, has issued a limited review report.
Analysis Scores
Earnings Impact5/10
Growth Catalyst2/10
Governance Concern1/10
Regulatory Risk1/10
Balance Sheet Risk3/10
Liquidity Impact8/10
Market Sentiment6/10
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Mahasagar Travels Ltd - 526795 - Board Meeting Outcome for Outcome Of Board Meeting Held On November 05, 2026
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TIIAI,ELS LTD.
Regd. Office : Jayshree Talkies Road, Kalwa Chowk, Junagadh - 362 001. (Gujarat)
Phone :0285 - 2650427 E-mail : mahasagartravels @gmail.com Web : www.mahasagartravels.com
GST : 24AABCM44o3H lZY . CIN : 163040GJ1993P1C020289 . PAN : AABCM4403H .TAN : AHNI[I04640G
Date: 05th November, 2026
BSE LIMITED
Corporate Relationship Department
PHIROZE JEEJEEBHOY TOWERS-
Dalal Street, Fort
Mumbai-400 001
Scrip Code: 526795 Scrip lD: MHSGRMS
Sub: Outcome of Board Meeting held on O5th November, 2026
Ref: Reguration 30 and 33 0f sEBr (tisting obrigations and Discrosure Requirements)
Regulations, 2015
Dear Sir/Madam,
Pursuant to Regulation 30 and 33 of the SEBI (Listing Obligation and Disclosures
Requirements) regurations, The Meeting of Board of Directois of the company was herd on
today i'e, 05th November, 2026 at 03:30 p.m.has considered and approved the un-audited
standalone financial resurts of the company for the quarter and harf year ended on 30rh
September,2026.
A copy of the same together with Limited Review Report issued by M/s B H Advani &
Associates,charteredaccountants(FRN:117127w),thestatutoryAuditorofthecompany,
are enclosed herewith.
The aforesaid meeting was commenced at 03:30 p.m. and concluded at 04:05 p.m.
You are requested to take the same on your record.
Than king you
For, Mahasagar Travels Limited
Ch irag l. Sangatani
Company Secretary & Compliance Officer
Encl:A/a
B. H. ADVANI & ASSOCIATES
INDIA Chartered Accoantants
LI REPORT
Review report to MAHASAGAR TRAVELS LIMITED
WE have reviewed the accompanying statement of un-audited financial results of
MAHASAGAR TRAVELS LIMITED for the quarter ended on 30th Septemher, 2025 and year to date
results for the period from 01st April, 2A26 to 30th September, 2A26. This statement is the
responsibility of the Company's Management and has been approved by the Board of Directors. Our
responsibility is to issue a report on these financial Statements based on our review.
We conduct our review in accordance with the Standard on Review Engagement (SRE) 2410,
"Review of lnterim Financial information performed by the lndependent Auditor of the Entity'' issued
by the lnstitute of Chartered Accountants of lndia. This standard requires that we plan and perform
the review to obtain the moderate Assurance as to whether the financial statements are free of
material misstatement. A review is Limited primarily to inquires of the companies personnel and
analytical procedures applied to Financial data and thus provide less assurance than an Audit. We have
not performed an audit and accordingly, we do not express such an opinion.
Based on our review conducted as above, nothing has come to our attention that causes us
to Believe that the accompanying statement of unaudited financial results prepared in accordance
with applicable Accounting standards and other recognized accounting practices and policies has not
disclosed The information required to be disclosed in terms of Regulation 33 of the SEBI(Listing
Obligation and Disclosure Requirements) Regulations, 2015 lncluding the manner in which it is to be
disclosed, or that it contains any material rnisstatement.
For B H ADVANI & ASSOCIATES
Chartered Accountants
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CH ARTE RED
ACCO U i.I IAN TS -l B.H. Advani
FRN:117127W
G M No: 102464, FRN:117127W
Place : Junagadh U DIN : 261O2464SZVRBB8511
Date: o4l7L/2O26
102'L03, Suvidha Complex, Talav Gate, funagadh - 362001. T.No.02B5-2655632 (o) g4zgztizoo {M) 94z9zl7too
s grzsoozsoo
E: bhadvanica@gmail.com UDYAM-GJ-II- OOtg443.1.CA. B. H. ADVANI - B.Com., FCA M:942921l71.OO
2. CA. HARSH BHISHAM ADVANI- B.COM, ACA.M:942692O850 3. CA. TUNED M. MII!{SHI-B.COI{, FCA, DISA M :94292!72OO
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Regd. Otfice :Jayshree Ta kies Road, Kalwa Chowk, Junagadh 362 001 (Gularat)
Phone :0285 - 2650427 | E-mail: mahasagartravels @gmail.COm I web : www.mahasagartravels com
GST : 24AABCM4403H1ZY . CIN : L6304OGJ1993PLCO2O289 . PAN : AABCM4403H .TAN :AHMN404640G
n nventorid of finish€d Aoods, work,in.p.ogress
N€t movement ln re3u atorvdeferra accountbatanc€s
reated to profitor lo5s and the related deleredtax
Prof tLossfor the p€riod ftoh conhurng operatrons
Net profit ( os, lron disconrinued operation after rax
share of profit I ost of a$ociates and jotntvenrures
Tordlp'of'ro' lo!.dr, buLoe.onon...nro B'nr.rd.r(
Baric earnlnes {los) per 5har€ f rom coniinutns operarions
D r_Fd -dln,ng.llo. ) pe )nc clo I onrnLJeopprro..
saslc earnings ( o$) per sha.e rroh d scontinued operations
earnlncr (lo$)per 5har€ r om d sco.rinued
€arnrngs { ost p€r share 1106 continuins and
D ltedearnlqs(lo$)pershareiromcontnutnBand
for 1, M ahra.sa^ga-r Tarav1ek Ltd.
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Bhegchend G.Sukhwani
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IRAVELS LTD.
Regd. Office :Jayshree Talkies Road, Kalwa Chowk, Junagadh - 362 001 (Guiarat)
Phone :0285 - 2650427 | E-mail : mahasagartravels @gmail.com I web : www.mahasagartravels.com
GST :24AABcl,44403H.1ZY . cIN : 163040GJ1993P1c020289 . PAN : AABoM4403H .TAN :AHN,4Iil04640G
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MAHASAGAR TRAVELS LIMITED
STANDALONE STATEMENT OF ASSETS/ LIABILITIES FOR THE PERIOD ENDED ON SEPTEMBER
2026
sR. PARTICULARS As at 30.09.2026 As at 31.03.2026
Assets,' Un-Audited Audited
1 Non-cufient dssets
Propertv, plant and equipment 682.10
Capital work-in-progress 0,00 0.00
InveStment property 0.00 0.00
Goodwill 0.00 0.00
Other intangible assets 0.00 0.00
lntangible assets under development 0.00 0,00
Biological assets other than bearer plants 0.00 0.00
Investments accounted for using equity
0.00 0.00
method
No n- cu r re nt f i nd nc i a I ossets :
Non-current investments 84.22 105.32
Trade receivables, non-current 0.00 0.00
Loans, non-current 0.00 264.34
Other non-current financial assets 0.00 0.00
Totdl non-cutrent finoncisl qssets 88.22 369.66
Deferred tax assets (net) 0.00 0.00
Other non-current assets 256.28 0.00
Totol non-cu ent ossets 1026.60 885.98
2 Current assets
lnventories 24.59 !9.27
Current financial asset 0.00 0.00
Current investments 0.00 0.00
Trade receivables, current 448.r1 461 .56
Cash and cash equivalenis 43.42 27 .54
Bank balance other than cash and casir
3.19
equivalents
Loans, current 0.00 74.O5
Other current financial assets 0.00 0.00
Totsl current finonciol ossets 519.31 569.73
Current tax assets (net) 0.00 0.00
Other current assets 30.00 75.12
Toto! cu ent qssets 549,31
Non-current assets classified as held for
3 0.00 0.00
sale
Regulatory deferral account debit balances
4 0.00 0.00
and related deferred tax Assets
Total assets 1575.91 L47r,43
6:*Q
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Regd. Otfice : Jayshree Talkies Road, Kalwa Chowk, Junagadh - 362 001. (Gujarat)
Phone:0285 - 2650427 | E-mail :mahasagartravels@gmail.com I Web : www.mahasagartravels.com
GST :24AABC|\.44403H12Y CIN : 163040cJ 1993P1C020289 PAN : AABCM44O3H .TAN : AHt\.4M04640G
Equity and liabilities
1 &!iY.
Equity attributable to owners of parent
Equity share capital 786.35 786.35
Other equity (7s3.30) lt3t.4o)
Total equity attributable to owners of
parent 0.00 0.00
Non controllinglntereSt 0.00 0.00
Totalequity
(6.es ) 48,95
2 Liabilities
,!9.Q cllleaJiebll lti e s
Borrowings, non-current 682.18 603.76
Trade payables, non-current 0.00 0.00
Other non-current financial liabilities 0.00 0.00
Total non-current financial liabilities 582.18 603.7 6
Provisions, non-current 0.00 0.00
Deferred tax liabilities (net) 0.00 0.00
Deferred government grants? Non-current 0.00 0.00
Other non-current liabilities 0.00 0.00
Total non-current liabilities 582.18 603.7 5
3 Current llabilities
e!!e!!-fi!@e jslJiebilllEs
Boffowings, current
155.99 125.94
Irade payables, current MSME 2.06
Trade payables, Other than MSME 705.79 644.!9
Other current financial liabilities 0.00 0.00
Total current financial liabilities 863.84 77t.26
Other current liabilities 34.76
Provisions, current
2.08 74.84
Current tax liabilities (Net) 0.00 0.00
Deferred government grants, Current 0.00 0
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