New Markets Avenue Ltd (508867)
Latest quarterly results (Q4 FY26)
In its latest reported quarter, Q4 FY26, New Markets' revenue was ₹0.0 Cr (-100.0% year on year), and net profit ₹-0.1 Cr (against a profit a year earlier).
| Q4 FY26 (₹ Cr) | Value | YoY vs Q4 FY25 | QoQ |
|---|---|---|---|
| Revenue | ₹0.0 | -100.0% | — |
| Operating profit | ₹-0.1 | to loss | loss narrowed |
| Net profit | ₹-0.1 | to loss | loss narrowed |
| EPS (₹) | -0.26 | to loss | loss narrowed |
📢 Recent Corporate Announcements
New Markets Avenue Ltd's Board approved the appointment of Mr. Himanshu Khatri as an Additional Non-Executive Independent Director for a 5-year term, subject to shareholder approval. The Board also appointed M/s. Ramesh Chandra Bagdi & Associates as Secretarial Auditor for five consecutive financial years (FY27 to FY31). Additionally, the company authorized Whole Time Director Kishore Kanhiyalal Jain to negotiate software license purchases from Mizzen Digital Pvt Ltd and scheduled its 44th AGM for September 29, 2026.
- Appointed Mr. Himanshu Khatri as Additional Independent Director for a tenure of 5 years effective August 25, 2026
- Appointed M/s. Ramesh Chandra Bagdi & Associates as Secretarial Auditor for 5 consecutive financial years (FY2026-27 to FY2030-31)
- Authorized negotiations for software license procurement from Mizzen Digital Private Limited
- Scheduled 44th Annual General Meeting for Tuesday, September 29, 2026
New Markets Avenue Limited held its Board Meeting on August 25, 2026, approving key governance appointments and AGM details. The board appointed Mr. Himanshu Khatri as an Additional Non-Executive Independent Director for a 5-year term and M/s. Ramesh Chandra Bagdi & Associates as Secretarial Auditor for 5 years (FY 2026-27 to FY 2030-31). Additionally, the board authorized director Kishore Kanhiyalal Jain to negotiate the purchase of software licenses from Mizzen Digital Private Limited and scheduled the 44th AGM for September 29, 2026.
- Appointed Mr. Himanshu Khatri as Additional Non-Executive Independent Director for a period of 5 years effective August 25, 2026.
- Appointed M/s. Ramesh Chandra Bagdi & Associates as Secretarial Auditor for a 5-year term covering FY 2026-27 to FY 2030-31.
- Authorized negotiations for acquiring software licenses from Mizzen Digital Private Limited and other software developers.
- Scheduled the 44th Annual General Meeting of the company for September 29, 2026.
New Markets Avenue Limited held its board meeting on August 25, 2026, approving the appointment of Mr. Himanshu Khatri as an Additional Independent Director for a 5-year tenure, subject to shareholder approval. The board scheduled the 44th Annual General Meeting for September 29, 2026, and approved the appointment of M/s Ramesh Chandra Bagdi & Associates as secretarial auditors for 5 years (FY27 to FY31). Additionally, the board authorized director Kishore Kanhiyalal Jain to negotiate terms for acquiring software licenses from Mizzen Digital Private Limited and other developers.
- Appointed Mr. Himanshu Khatri as Additional Non-Executive Independent Director for a 5-year term from August 25, 2026
- Appointed M/s Ramesh Chandra Bagdi & Associates as Secretarial Auditor for 5 consecutive years (FY 2026-27 to FY 2030-31)
- Scheduled the 44th Annual General Meeting of the company for Tuesday, September 29, 2026
- Authorized director Kishore Kanhiyalal Jain to negotiate purchase of software licenses from Mizzen Digital Private Limited
Mamta Securities Private Limited, a non-promoter entity, has acquired 10,00,000 equity shares representing a 9.77% stake in New Markets Avenue Limited. The acquisition took place on August 13, 2026, via a preferential allotment. Prior to this allotment, Mamta Securities held 0% in the target company. The total voting capital base stands at 1,02,40,000 equity shares of Rs 10 each.
- Mamta Securities acquired 10,00,000 equity shares representing 9.77% voting capital
- Acquisition was executed via preferential allotment on August 13, 2026
- Prior holding was 0 shares (0.00%)
- Total post-allotment equity base stands at 1,02,40,000 equity shares of Rs 10 each
Non-promoter entity M/s Mamta Securities Private Limited has acquired 10,00,000 equity shares of New Markets Avenue Limited, representing a 9.77% stake in the company. The acquisition took place via preferential allotment on August 13, 2026. Prior to this allotment, Mamta Securities held zero shares in the target entity. Total equity share capital stands at 1,02,40,000 shares of Rs 10 each.
- Mamta Securities acquired 10,00,000 equity shares (9.77% stake) via preferential allotment
- Pre-acquisition holding was 0 shares (0.00%), increasing to 9.77% post-transaction
- Date of acquisition / allotment was August 13, 2026
- Total post-allotment equity capital is 1,02,40,000 equity shares of Rs 10 each
New Markets Avenue Ltd has scheduled a meeting of its Board of Directors on August 25, 2026. The board will consider the appointment of Himanshu Khatri as an Additional Director (Non-Executive Independent Director). Additionally, the board will evaluate a proposal to purchase a software licence from Mizzen Digital Private Limited. The financial impact of the proposed software licence purchase remains undisclosed prior to the meeting.
- Board of Directors meeting scheduled for Tuesday, August 25, 2026.
- Agenda includes appointment of Himanshu Khatri (DIN: 08974992) as Non-Executive Independent Director.
- Proposal to purchase software licence from Mizzen Digital Private Limited under consideration.
- Deal terms and financial considerations for the software licence are not disclosed.
New Markets Avenue Ltd reported a net loss of ₹25.49 lakhs for the quarter ended June 30, 2026, a significant decline from a profit of ₹7.83 lakhs in the same period last year. Total revenue plummeted to just ₹1.80 lakhs, all of which was derived from 'Other Income,' indicating zero revenue from operations. Expenses surged to ₹27.29 lakhs, primarily driven by a sharp increase in employee benefit expenses to ₹18.60 lakhs. The company also submitted its Regulation 32 statement, confirming no deviation in the utilization of funds.
- Net loss of ₹25.49 lakhs for Q1 FY26 compared to a profit of ₹7.83 lakhs in Q1 FY25.
- Operational revenue fell to ₹0 from ₹11.75 lakhs in the year-ago period.
- Total expenses increased by 596% year-on-year to ₹27.29 lakhs from ₹3.92 lakhs.
- Employee benefit expenses surged to ₹18.60 lakhs from just ₹0.60 lakhs in Q1 FY25.
- Paid-up equity share capital remains at ₹494.00 lakhs as of June 30, 2026.
New Markets Avenue Ltd reported zero operational revenue for the quarter ended June 30, 2026, continuing a trend of negligible business activity. The company posted a net loss of Rs 25.49 Lakhs, which has widened significantly from a loss of Rs 12.58 Lakhs in the previous quarter. Expenses were primarily driven by employee benefits (Rs 18.60 Lakhs) and other administrative costs. The company is currently surviving on funds from a Rs 5.025 Cr preferential issue raised in November 2025, of which Rs 2.64 Cr has been utilized for working capital and pre-operating expenses.
- Revenue from operations remained at Rs 0.00 for Q1 FY27 compared to Rs 11.75 Lakhs in the same quarter last year.
- Net loss widened to Rs 25.49 Lakhs from a loss of Rs 12.58 Lakhs in the preceding March 2026 quarter.
- Employee benefit expenses more than doubled quarter-on-quarter to Rs 18.60 Lakhs from Rs 8.85 Lakhs.
- Total expenses of Rs 27.29 Lakhs far exceeded the total income of Rs 1.80 Lakhs (entirely from other income).
- Out of Rs 5.025 Cr raised via preferential issue, Rs 2.64 Cr has been utilized for business purposes and pre-operative expenses.
New Markets Avenue Ltd reported a net loss of ₹25.49 Lakhs for the quarter ended June 30, 2026, a sharp decline from a profit of ₹7.83 Lakhs in the same quarter last year. The company recorded zero revenue from operations, with its total income of ₹1.80 Lakhs derived entirely from other sources. Total expenses surged to ₹27.29 Lakhs, primarily due to an increase in employee benefit expenses to ₹18.60 Lakhs. Additionally, the company disclosed it has utilized ₹2.64 Cr of the ₹5.025 Cr raised via a preferential issue in November 2025.
- Revenue from operations dropped to ₹0.00 from ₹11.75 Lakhs in the year-ago quarter.
- Net loss for the quarter stood at ₹25.49 Lakhs compared to a profit of ₹7.83 Lakhs YoY.
- Employee benefit expenses increased significantly to ₹18.60 Lakhs from just ₹0.60 Lakhs in Q1 FY26.
- Total funds utilized from the ₹5.025 Cr preferential issue reached ₹2.64 Cr as of June 30, 2026.
- Promoter holding remains low at 13.82%, down from 55.06% in September 2025.
New Markets Avenue Ltd has scheduled a board meeting for August 11, 2026, to consider and approve its unaudited financial results for the quarter ended June 30, 2026. The company is currently operating on a very small scale, with FY26 total revenue of only Rs 0.19 Cr and a net loss of Rs 0.32 Cr. Investors should note the significant drop in promoter holding from 55.06% in September 2025 to 13.82% as of June 2026. The trading window for insiders has been closed since June 26, 2026.
- Board meeting scheduled for August 11, 2026, to approve Q1 FY27 results.
- Financial results pertain to the three-month period ended June 30, 2026.
- Trading window for designated persons closed from June 26, 2026.
- Company reported a negative OPM of -168.42% for the full year FY26.
- Promoter holding remains low at 13.82% as of the June 2026 quarter.
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