BSEBoard Meeting3d ago · 11 Nov 2026, 05:46 pm

The Board of Directors of the company has considered and approved the Un-audited Financial Results (Standalone and Consolidated) along with Limited Review Report of the Company for the second quarter and the half year ended on September 30, 2026.

Orchasp Ltd · 532271

✦ AI SummaryResults

Orchasp Ltd has announced its un-audited financial results for the second quarter and half year ended September 30, 2026, with the Board of Directors approving the results along with a limited review report. The results are subject to certain qualifications due to the absence of sufficient information on the new subsidiary's financial position, unpaid tax and statutory dues, and unconfirmed trade payables and receivables.

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Earnings Impact6/10
Growth Catalyst4/10
Governance Concern2/10
Regulatory Risk5/10
Balance Sheet Risk7/10
Liquidity Impact5/10
Market Sentiment5/10

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Orchasp Ltd - 532271 - Board Meeting Outcome for Outcome Of Board Meeting Held On Wednesday, November 11, 2026 As Required Under Regulation 30 Of Securities And Exchange Board Of India (Listing Obligations And Disclosure Requirements) Regulations, 2015

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Orchasp Limited CIN : L72200TG1994PLC0O17485 ORCHASP November 11, 2026 The General Manager, The Manager, Department of Corporate Services, Listing Department, National Stock Exchange of India Limited, BSE Limited, Phiroze Jeejeebhoy Towers, Exchange Plaza, 5 Floor, Plot No — c/1, G Block, Bandra Kurla Complex, Dalal Street, Mumbai-400 001. Bandra (East), Mumbai -400 051. Scrip Code - 532271 Scrip Code — ORCHASP Dear Sir/Madam, Sub: Outcome of Board Meeting held on Wednesday, November 11, 2026 as required under Regulation 30 of Securities and Exchange Board of India (Listing Obligations and Disclosure Requirements) Regulations, 2015 The Board of Directors of the company in its meeting held today i.e., on Wednesday, November 11, 2026 has considered and approved the Un-audited Financial Results (Standalone and Consolidated) along with Limited Review Report of the Company for the second quarter and the half year ended on September 30, 2026. The meeting commenced at 11:30 A.M and concluded at 04.00 P.M. This is for your information and dissimenation. Thanking You, Best Regards, For Orchasp Limited /) CL‘\&J\/L\/\ fl((’ [chan . P. Chandra Sekhar Managing Director & CFO DIN: 01647212 19 & 20, Moti Valley, Trimulgherry, Secunderabad. 500015, Telangana, INDIA. Tel : +91 40 4776 6123/4, Fax +91 40 4776 6143 Email : info@orchasp.com, url : www.orchasp.com INDIA opp. Andheri Rly. Station, Andheri (East) Mumb-a 4i00 069. JMT & ASSOCIATES Tel. : 91 - 22 - 2684 8347 / 26822238 CHARTERED ACCOUNTANTS Telefax : 2682 2238 Email : contact@jmta.co.in 304/305, A-Wing, Winsway Complex, Old Police Lane, Website : www.jmta.co.in Independent Auditor's Review Report on the Quarterly Unaudited Standalone Financial Results of the Company Pursuant to the Regulation 33 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015, as amended Review report to The Board of Directors M/s. ORCHASP LIMITED We have reviewed the accompanying Statement of Unaudited Standalone Financial Results of M/s Orchasp Limited (the "Company") for the quarter ended September 30, 2026 and for the period from 01 April 2026 to 30 September 2026 (the "Statement") attached herewith, being submitted by the Company pursuant to the requirements of Regulation 33 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015, as amended (the "Listing Regulations"). This Statement, which is the responsibility of the Company's Management and approved by the Company's Board of Directors, has been prepared in accordance with the recognition and measurement principles laid down in Indian Accounting Standard 34, 'Interim Financial Reporting, (‘Ind AS 34,') prescribed under Section 133 of the Companies Act, 2013, as amended, read with relevant rules issued thereunder and other accounting principles generally accepted in India. Our responsibility is to issue a report on the Statement based on our review. We conducted our review of the Statement in accordance with the Standard on Review Engagements (SRE) 2410, "Review of Interim Financial Information Performed by the Independent Auditor of the Entity" issued by the Institute of Chartered Accountants of India. This standard requires that we plan and perform the review to obtain moderate assurance as to whether the Statement is free of material misstatement. A review of interim financial information consists of making inquiries, primarily of persons responsible for financial and accounting matters, and applying analytical and other review procedures. A review is substantially less in scope than an audit conducted in accordance with Standards on Auditing and consequently does not enable us to obtain assurance that we would become aware of JMT & ASSOCIATES Tel. : 91 - 22 - 2684 8347 / 26822238 CHARTERED ACCOUNTANTS Telefax : 2682 2238 304/305, A-Wing, Winsway Complex, Old Police Lane, e “comiacihiimja ool INDIA Opp. Andheri Rly. Station, Andheri (East) Mumbai - 400 069. Wabsfle:: witwimisicol all significant matters that might be identified in an audit. Accordingly, we do not express an audit opinion. 4. Basis for Qualified Conclusion (a) We refer to the carrying value of investments of Rs. 6,825 lakhs held in the Wholly Owned Subsidiary located in Portugal “Cybermate International, Unipessoal, LDA”, which has remained non-operational for over six years and has received a notice from the Portuguese authorities for cancellation of its Certificate of Incorporation due to non-compliance with statutory filing requirements and therefore, the incorporation of the said subsidiary was cancelled. The Company has incorporated a new subsidiary, “Orchasp Inc” in the USA and transferred the investments and related operations/assets of “Cybermate International, Unipessoal, LDA” to the said new subsidiary. In the absence of sufficient information and clarity on the new subsidiary’s financial position, we are unable to comment on the appropriateness of the carrying value of the investment or determine whether a provision for impairment is required. (b) The company has not paid Tax Deducted at Source (TDS) and other statutory dues up to September 30, 2026. (c) Trade payables, Trade Receivables are due for a period of more than 6 months. In the absence of confirmations of Trade payables, Trade Receivables and various advances/loans, we are unable to comment on the extent to which such balances are payable/recoverable 5. Qualified Conclusion Based on our review conducted as above, except for the possible effects, in respect of matters described in Paragraph 4(a) to 4(c) under Paragraph 4 Basis for Qualified Conclusion nothing has come to our attention that causes us to believe that the JMT & ASSOCIATES Tel.: 91 - 22 - 2684 83/ 2468227238 ‘( CHARTERED ACCOUNTANTS Telefax : 2682 2238 304/305, A-Wing, Winsway Complex, Old Police Lane, Emalls pailaciCmialcn by INDIA Website : www.jmta.co.in Opp. Andheri Rly. Station, Andheri (East) Mumbai - 400 069. accompanying Statement, prepared in accordance with the recognition and measurement principles laid down in the aforesaid IND AS 34 prescribed under Section 133 of the Companies Act, 2013, as amended, read with relevant rules issued thereunder and other accounting principles generally accepted in India, has not disclosed the information required to be disclosed in terms of the Listing Regulations, including the manner in which it is to be disclosed, or that it contains any material misstatement. For JMT & Associates, Chartered Accountants Vijaya Pratap. M \;’\4}?& c\ ’gj Partner NI At Membership No. 213766 UDIN: 69 13%66/£LVIUMTITS Place: Mumbai Date: 11-11-2026 O rc hasp imi t N:L7 2200TG19 9. 4PLCO1 ORCHASP D'IUPIPD E0IY sad1awq21 2029 )INA-1LiPS( JAap J3upap oJ3upap 06'ZOTS | €00°6202 9 |€0°06'Z0ZS|ET'°0€ 2029 onpiap | nuonpiaap | nuonpiap ynpiap LSE€°80 €68'°1 TT578'6 6'Te5'97 C06°T€ S'0€ E6E°8S LS9ET 90L°TS T‘SEv02 C'S16'YL TC'6S T'Y8 %'00 961€ r9V'8L T'E96T£ C'2T€'T1 CL°T L%8'9 9T6C'6v LTS'81 SY8'EL T'VE0'8V C'VTE°98 58°88 T0E'T8 T0S°L6 C9'8€ T'T6 0°26 T'€9 20°L L585 6LV'6 6T0S°Z0 LS8°5 6LV°6 6Tos'Z0 D'E6T'OT 0'628'ST 9'E6T'0T 9'628°51 S'2527€€ iwuap SBINUP2IRYRP" S000TS" DNDI191 HDIJ AaDI Dupa dnp1a J3upap 2029 |€0°09"Z029 nuonpiyap [ nuonpuap | T86LS C08°€L TPSLT 9e'vT EES'yL TLT°L6 E6'V E€8'SV EOVLE TVE9V €0 LY C¢8'1v 0'TS 0C8°00 0C8'°00 962851 962851 0°0T 0°0T p i 3 oioy T6 8 Z0‘ APIJSA‘ Liwnibyad NUDNPXaP SIDUPD|CUS YLUDUoIP| YaSNHS l|luoows Ds (Aau n 4 oa wipnous (1 Ya| Judowa 3xdausas PS 0 3N OAG JI- DD BO SU /IIJ D2 O0 JS)$ Q(DY DL UU BA B SlU UI0I 1y a l Sou Jis yb ao po i. 3o jubiass D5 U3 p0 2} J %lD Up2* 3wdlokaa gauay1 3xdausas p13 (4x 2d 1ausa gqad i 3a diy pw o ooj uuj ps p3 nx od uausa ]3l (upu0 22051 !d1041 925012 Lox )2-v( 3xda u |s 1oa xs )ETIEURYCE dejai a| pDX Nd 9i 10 jj Jai 8uop )oiwdia y sd¥ yL l) ap 1 J9x aa1( | |0() Wy S D M 1I JD 2SsI a d P3i 0oj1 15s* Y g(w W ]Y sYD 2SIYI a d P14 00j 1 15$* )ow W d 11 LY Pau s| Iu Ad d o) Wp4 33 20 |doip nd 3bnjA syp42 DPd3p[ )yp92 sy012( |oiy [Showing first 8,000 characters — download PDF for full document]