BSECompany Update1d ago · 11 Aug 2026, 06:15 pm
Statement of Deviation for the quarter ended 30th June, 2026.
New Markets Avenue Ltd · 508867
✦ AI Summary▼ NegativeResults
New Markets Avenue Ltd has submitted its unaudited standalone financial results for the quarter ended June 30, 2026, showing a loss of Rs. 25.49 lakhs. The company's revenue from operations was Rs. 11.75 lakhs, with expenses totaling Rs. 27.29 lakhs. The auditor has expressed an unmodified opinion on the financial results.
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Earnings Impact2/10
Growth Catalyst1/10
Governance Concern1/10
Regulatory Risk1/10
Balance Sheet Risk8/10
Liquidity Impact2/10
Market Sentiment2/10
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New Markets Avenue Ltd - 508867 - Statement On Deviation Or Variation Of Funds Under Regulation 32 Of SEBI (Listing Obligations And Disclosure Requirements) Regulations, 2015 ('SEBI Listing Regulations) As On June 30, 2026.
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Regd. Office: G2 & G3, Samarpan Complex, Next to Mirador Hotel, Chakala, Andheri East, Mumbai — 400 099
Email ID: newmarkets@ymail.com CIN: L74120MH1982PLC028648, Mobile: 9699076667
Date: 11/08/2026
Corporate Relations Department,
BSE Limited
Phiroze Jeejeebhoy Towers,
Dalal Street, Fort
Mumbai- 400 001
Scrip Code: 508867
Scrip ID: NEWMKTAVE
Subject: Statement on Deviation or Variation of funds under Regulation 32 of SEBI (Listing
Dear Sir/Madam,
We are hereby submit the Statement on Deviation or Variation of funds under Regulation 32 of
SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015 (“SEBI Listing
Regulations) as on June 30, 2026.
You are requested to kindly take the above information on record.
Thanking You.
Yours Faithfully,
For New Markets Avenue Limited
(Formerly New Markets Advisory Limited)
Digitally signed by
Kishore Kishore Kanhiyalal Jain
i i Date:2026.08.11
Kanhlyalal Jaln 17:33:07 +05'30
Kishore Kanhiyalal Jain
Whole Time Director
DIN: 02385072
NEW MARKETS AVENUE LIMITED
(Formerly New Markets Advisory Limited)
CIN : {L74120MH1982PLC028648}
UN-AUDITED FINANCIAL RESULTS FOR THE QUARTER ENDED 30TH JUNE 2026
(Rs. in Lakhs)
Quarter ended Year ended
30-06-2026 | 31-03-2026 | 30-06-2025 31-03-2026
(Unaudited) | (Audited) | (Unaudited) (Audited)
T [Revenue from operations B B 1175 1925
Other income 1.80 0.34 - 0.34
Total revenue 1.80 034 11.75 19.59
2 [Expenses
Employee benefits expense 18.60 8.85 0.60 20.60
Depreciation and amortization expense 0.03 0.06 0.02 0.11
Other expenses 8.66 4.01 3.3 3063
Total expenses 2729 1292 392 5134
3 [Profit before exceptional items and tax (25.49), (12.58) 7.83 (31.75)
Exceptional items - - - -
Profit / (Loss) from ordinary activities before tax (25.49) (12.58) 783 (31.75)
4 |Tax expense:
Current Tax - - -
Deferred tax - - - -
5 |Profit/(Loss) from ordinary activities after tax (25.49) (12.58) 7.83 (1L75)
6 |Other Comprehensive Income (OCT)
Item that will not be reclassified to profit or loss
Gain/(Loss) on recognised on fair valuation of Financial Assets - - - -
Income tax relating to these items - - - -
Total - - - -
Reclassification of loss on asset held for sale - - - -
Total Other Comprehensive Income (OCT) . . . .
Profit/(Loss) for the Period (25.49), (12.58) 7.83 (31.75)
Paid up Equity Share Capital (Face Value of Rs. 10 each) 494.00 494.00 124.00 494.00
7 |Earning Per Share (EPS ) (Not annualised)
(1) Basic (052) (0.25) 0.63 (0.64)
(2) Diluted (052) (0.25) 0.63 (0.64)
Notes:
1 The Above Financial Results were reviewed by the audit committee of the board on 11-08-2026 and approved by the Board of Directors of
the company at their meeting held on same date. The Statutory auditor have expressed on unmodified opinion. The review report has been|
filled with stock exchange and is available on the company's website. The Financial results have been prepared in accoradance with Ind As
notified under the companies (Accounting Standards) Rule 2015
2 Figures for the corresponding quarter ended .. 31st March 2026 in the previous vear as reported in these financial results are the balancing]
figures between audited figures in respect of the full financial year and the published year to date figures up to the end of the fourth quarter|
oft he relevant financial year.
3 The Company has single business segment therefore in the context of Ind As 108, disclosure ofs egement information is not applicable.
4 Previous quarter figures have been regrouped /reclassified whercever necessary, o make them comparable
FOR NEW MARKETS AVENUE LIMITED
Digitally signed by
Kishore Kishore Kanhiyalal Jain
Kanhiyi alal Jaijn n DTatBe:o 2a02a6.r08o.n11
Kishore Kanhiyalal Jain
[Chairman & Director
DIN: 02385072
Date: 11/08/2026
Place: Mumbai
SUVARNA & KATDARE
CHARTERED ACCOUNTANTS
C-4, Angelina, Baji Prabhu Deshpande Marg, Off Santoshi Mata Mandir,
I N D ' A Near Insignia Building, Vile Parle (West), Mumbai- 400 056
TEL.: 26115621 / 26114526 EMAIL:rrs suvarna@yahoo.com
Independent Auditor's Review Report on Unaudited Standalone Financial
Results of the Company for the Quarter Ended June 30, 2026 Pursuant to the
Regulation 33 / 52 of the SEBI (Listing Obligations and Disclosure
Requirements) Regulations, 2015, as amended
The Board of Directors,
New Markets Avenue Limited (Formerly New Markets Advisory Limited)
1. We have reviewed the accompanying Statement of Unaudited Standalone Financial Results
of New Markets Avenue Limited (Formerly New Markets Advisory Limited) ("the Company")
for the quarter ended June 30, 2026 ("the Statement"), attached herewith, being submitted
by the Company pursuant to the requirement of Regulation 33 and Regulation 52 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 conclusion on the Statement
based on our review.
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
(ICAl). 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 specified under section 143(10) of the Companies Act, 2013 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. Based on our review conducted as stated in paragraph 3 above, 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 Indian
Accounting Standard (Ind AS 34) specified 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 Regulation 33 and Regulation 52 of the SEBI (Listing Obligations and Disclosure
Requirements) Regulations, 2015, as amended, including the manner in which it is to be
disclosed, or that it contains any material misstatement.
For SUVARNA & KATDARE
Chartered Accountants
Firm Registration No. 125080W
. Digitally signed by
Ravindra ravinra Raju swvama
f Date: 2026.08.11
Raju Suvarna Jiese
Ravindra Raju Suvarna
(Partner)
Membership No.: 032007
UDIN: 26032007ICRRSV2245
Place: Mumbai
Date: 11*" August, 2026
SUVARNA & KATDARE
CHARTERED ACCOUNTANTS
C-4, Angelina, Baji Prabhu Deshpande Marg, Off Santoshi Mata Mandir, Near
IND I A Insignia Building, Vile Parle (West), Mumbai- 400 056 TEL.: 26115621 / 26114526
EMAIL:1Ts_suvarna@yahoo.com
STATEMENT ON DEVIATION / VARIATION IN UTILISATION OF FUNDS RAISED FOR THE
QUARTER ENDED ON 30™ JUNE 2026
S.No Particular Details
Name of listed entity New Markets Avenue Limited
(Formerly New Markets Advisory
Limited)
PAN No- AAACM4674K
Mode of Fund Raising Preferential Issue
Date of Raising Funds 27" November, 2025
Amount Raised ¥5,02,50,000/-
Report filed for Quarter ended June 30, 2026
Monitoring Agency
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