AGM Details

The 44th Annual General Meeting will be held on August 26, 2026 (Wednesday) at 10:00 AM IST through Video Conferencing (VC)/Other Audio Visual Means (OAVM).

The Register of Members and Share Transfer Books will remain closed from August 20, 2026 (9:00 AM) to August 26, 2026 (5:00 PM) for determining members entitled to vote.

The cut-off date for determining members entitled to vote is August 19, 2026.

E-voting period begins on August 21, 2026 (9:00 AM) and ends on August 24, 2026 (5:00 PM).

Business to be Transacted

Ordinary Business:

1. Adoption of audited Financial Statements for FY ended March 31, 2026 and Reports of Board of Directors and Auditors

2. Re-appointment of Mrs. Priyadarshani Babel (DIN: 06941999) as Director retiring by rotation

Special Business:

3. Appointment of Mr. Ravi Jitendra Modi (DIN: 10932249) as Independent Non-Executive Director for a term of five years from May 31, 2026 to May 30, 2031

Financial Performance (Key Figures)

| Particulars | FY 2025-26 (₹ in Lakhs) | FY 2024-25 (₹ in Lakhs) |

| Total Revenue | 356.80 | 366.88 |

| Profit before Tax | 126.48 | -1.51 |

| Tax Expense | 31.44 | 0.02 |

| Profit After Tax | 95.04 | -1.55 |

| Basic & Diluted EPS (₹) | 1.82 | -0.03 |

Dividend

No dividend recommended for FY 2025-2026 due to requirement of funds for existing business activities.

Change in Nature of Business

During FY 2025-26, the company altered its object clause to include:

  • Media, communication, entertainment, content
  • Chemical and Petrochemical of all varieties
  • Information Technology, software development, robotics, artificial intelligence
  • Trading of multiple products and commodities

The company also adopted a new set of Articles of Association approved by shareholders via postal ballot on March 26, 2026.

Director Changes

  • Mr. Pradeepkumar Jain (Independent Director) ceased on November 4, 2025
  • Mr. Abhishek Tejawat (Independent Director) resigned effective May 30, 2026
  • Mr. Neel Sanjaykumar Singapuri (Independent Director) appointed on November 5, 2025 but resigned on January 15, 2026
  • Mrs. Krishna Hareshbhai Bhatt (DIN: 11203423) appointed as Independent Director effective January 16, 2026
  • Mr. Ravi Jitendra Modi proposed for appointment as Independent Director

Board Composition

Current Directors:

  • Mr. Deepak Kumar Babel (Managing Director)
  • Mrs. Priyadarshani Babel (Non-Executive Director)
  • Mr. Abhishek Tejawat (Independent Director - until May 30, 2026)
  • Mrs. Krishna Hareshbhai Bhatt (Independent Director - from January 16, 2026)

Key Managerial Personnel

  • Mrs. Drishti Singhal - Company Secretary & Compliance Officer
  • Mr. Ayush Jain - Chief Financial Officer

Share Capital

Authorized Share Capital: ₹525.00 lakhs (52,50,000 equity shares of ₹10 each)

Issued, Subscribed and Paid-up Capital: ₹521.05 lakhs (52,10,500 equity shares of ₹10 each)

Significant Holdings (as of March 31, 2026)

  • Manasvini Trading Private Limited: 10,00,000 shares (19.19%)
  • Kane Rush Securities Private Limited: 4,40,000 shares (8.44%)
  • Opportune Exim Private Limited: 4,50,000 shares (8.64%)
  • Salasar Advertising Private Limited: 4,60,000 shares (8.83%)

Segment Performance

| Segment | FY 2025-26 Revenue (₹ in Lakhs) | FY 2024-25 Revenue (₹ in Lakhs) |

| Textiles Products | 5.83 | 0.00 |

| Plastic Products | 0.00 | 0.00 |

| Precious Metal & Stones | 350.97 | 366.88 |

| Total | 356.80 | 366.88 |

Internal Controls and Audit

  • M/s. Anurag R. Gupta & Associates served as Internal Auditors
  • M/s. HRJ & Associates are the Statutory Auditors (appointed for 5 years until 46th AGM)
  • M/s. Binu Singh are the Secretarial Auditors

Corporate Governance

The company has implemented various policies including:

  • Code of Conduct for Board and Senior Management
  • Whistle Blower Policy
  • Policy on Related Party Transactions
  • Policy for Prevention of Insider Trading
  • Remuneration Policy

Voting Arrangements

The company has appointed National Securities Depository Limited (NSDL) as the agency for e-voting facilities. Members can vote remotely or during the AGM through the NSDL e-voting system.