StockWatch
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Computers - Software & Consulting
Quarterly Result12 Nov 2026, 09:31 pm

Cambridge Technology Enterprises Approves Un-Audited Financial Results

AI Summary

Cambridge Technology Enterprises Limited's Board of Directors met on November 12, 2026, to approve the Un-Audited Financial Results (Standalone and Consolidated) for the quarter and half-year ended September 30, 2026. The Board also took note of the Limited Review Report from statutory auditors M/s. S B C & Co. Additionally, the Board approved the assignment/transfer of a loan receivable from its wholly-owned subsidiary, FA Software Services Private Limited, to Aglow Financial Services Private Limited for ₹40,00,000 (₹40 Lakhs). The company also approved the disinvestment of its entire 100% shareholding in FA Software Services Private Limited, which will result in FA Software ceasing to be a subsidiary.

Key Highlights

  • Board approved un-audited financial results for Q2 FY27.
  • Limited review report from auditors was noted.
  • Loan receivable transferred from FA Software to Aglow for ₹40 Lakhs.
  • Disinvestment of 100% shareholding in FA Software approved.
  • FA Software will cease to be a wholly-owned subsidiary.