BSEBoard Meeting3d ago · 11 Aug 2026, 03:19 pm
The Board at its meeting held on 11-08-2026 approved the unaudited quarterly financial results (standalone & Consolidateda) for the period ended 30-06-2026
Orchasp Ltd · 532271
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Orchasp Ltd's board meeting approved unaudited quarterly financial results for the period ended 30-06-2026. The results are unaudited, and the auditor's review report is qualified due to a non-operational subsidiary's carrying value and cancellation of its Certificate of Incorporation.
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Earnings Impact5/10
Growth Catalyst2/10
Governance Concern3/10
Regulatory Risk2/10
Balance Sheet Risk6/10
Liquidity Impact8/10
Market Sentiment5/10
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Orchasp Ltd - 532271 - Board Meeting Outcome for Approval Of Quarterly Unaudited Financial Results (Standalone&Consolidated) For The Period Ended 30-06-2026
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Orchasp Limited
CIN : L72200TG1994PLC017485
ORCHASP
11" August 2026
Listing Compliances Listing Compliances
BSE Limited The National Stock Exchange of India Ltd
P.J. Towers, Fort Exchange Plaza, C-1, Block G,
Mumbai. 400001 Bandra Kurla Complex, Bandra East,
Mumbai. 400051
Dear Sir,
Sub: Intimation of the outcome of the Board Meeting pursuant to
Regulation 30(2) and 33 read with Part A of Schedule Il of SEBI
(LODR) Regulations, 2015.
Ref: Scrip Code 532271/ Symbol ‘ORCHASP’
We are herewith submitting the outcome of the Board Meeting held today i.e.,
Tuesday the 11" August 2026, under Regulation 30(2) and 33 read with Part A of
Schedule 1l of SEBI (LODR) Regulation, 2015.
We request you to kindly take the same on record and oblige.
Thanking you.
Yours Faithfully,
For Orchasp Limited
P. Chandra Sekhar
Managing Director & CFO
DIN: 01647212
Encl: a/a
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
Orchasp Limited
CIN : L72200TG1994PLC017485
ORCHASP
11" August 2026
Listing Compliances Listing Compliances
BSE Limited The National Stock Exchange of India Ltd
P.J. Towers, Fort Exchange Plaza, C-1, Block G,
Mumbai. 400001 Bandra Kurla Complex, Bandra East,
Mumbai. 400051
Dear Sir,
Sub: Outcome of the Board Meeting held on Tuesday, 11™ August 2026
Ref: Scrip Code 532271 / Symbol ‘ORCHASP’
Pursuant to Regulation 30(2) and 33 read with Part A of Schedule Il of SEBI
(LODR) Regulation, 2015, we hereby intimate your good selves that the Board of
Directors of the Company at its Meeting held on Tuesday, the 11" August 2026 at
the Registered and Corporate Office of the Company, considered and approved
the Unaudited Financial Results (Consolidated & Standalone) for the first quarter
i.e for the period 01-04-2026 to 30-06-2026 along with the Limited Review
Report issued by M/s JMT & Associates. We wish to inform you that the Limited
Review Report issued by the Auditors herein is a qualified opinion and since these results
are unaudited, statement of impact of audit qualifications is not applicable.
Time of Start of the meeting 1 11.00 am
Time of End of the meeting 2 03.00 pm
This is for your kind information and dissemination.
Thanking you.
Yours Faithfully,
For Orchasp Limited
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
JMT & ASSO CIATES Tel.: 91 - 22 - 2684 8347 / 26822238
CHARTERED ACCOUNTANTS Telefax : 2682 2238
304/305, A-Wing, Winsway Complex, Old Police Lane, Sipallcolitaciigiintaion i
INDIA Opp. Andheri Ry. Station, Andheri (East) Mumb-a 4i00 069 Bttt MR
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
1. We have reviewed the accompanying Statement of Unaudited Standalone Financial
Results of M/s Orchasp Limited (the "Company") for the quarter ended June 30,
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").
2. 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
express a report on” The Statement” based on our réview.
3. 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.
JMT & ASSOCIATES To
91-22 - 2684 8347 / 26822238
CHARTERED ACCOUNTANTS Telefax : 2682 2238
INDIA 304/305, A-Wing, Winsway Complex, Old Police Lane, Email : contact@jmta.co.in
Opp. Andheri Rly. Station, Andheri (East) Mumbai - 400 069. Websie s witwirote.can
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 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 Portugtiese 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, L.DA” 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 Trade Receivables and trade payables have been outstanding for are a
period of more than 6 months. In the absence of confirmations for Trade
payables, Trade Receivables and various advances/loans, we are unable
to comment on the extent to which such balances are
payable/recoverable.
(c) The company has not paid Tax Deducted at Source (TDS) payments and
other statutory dues up to 30th July, 2026.
JMT & ASSOCIATES Tel. : 91 - 22 - 2684 83/ 2648227238
“ CHARTERED ACCOUNTANTS Telefax : 2682 2238
304/305, A-Wing, Winsway Complex, Old Police Lane, Emall : contact@jmta.co.in
INDIA Website : www.jmta.co.in
Opp. Andheri Rly. Station, Andheri (East) Mumbai - 400 069
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), nothing has come to our attention that
causes us to believe that the 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
Firm Regn No. 104167W
Vijaya Pratap.M
Partner
Membership No. 213766
UDIN: 26213766 FDKHTD6264
Place: Mumbai
Date: 11-08-2026
/ \ Orchasp Limited
CIN : L72200TG1994PLC017485
ORCHASP
Orchasp Limited
CIN : L72200TG1994PLC017485
Registered Office : 19 & 20, Moti Valley, Trimulgherry, Secunderabad. 500015. TG.India
Unaudited Standalone Financial Results for the Quarter ended 30th June 2026
(All amounts
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