Board of Directors

  • Sri. J.V.R. Mohan Raju - Chairman and Managing Director (DIN: 00060800)
  • Smt. J. Uma - Director (DIN: 00912376)
  • Sri Jaison George - Director & Chief Financial Officer (DIN: 00502736)
  • Sri Reji Abraham - Independent Director (DIN: 03321887)
  • Sri. B. Nagi Reddy - Independent Director (DIN: 02928753)
  • Sri. Prateek Reddy - Independent Director (DIN: 06534989)

Company Secretary & Compliance Officer: Mr. Shailendra Vyas (appointed August 1, 2025)

Auditors: M/s VASG & Associates, Chartered Accountants

RTA: M/s. Venture Capital & Corporate Investments Private Limited

34th Annual General Meeting Details

Date: Wednesday, September 30, 2026

Time: 10:00 AM

Venue: Registered Office at Plot No.31 Sagar Society Road No.2, Banjara Hills Hyderabad-500034, Telangana

Ordinary Business

1. Adoption of Financial Statements

To receive, consider, and adopt the Audited Standalone Financial Statements for the financial year ended March 31, 2026, together with Reports of Board of Directors and Auditors.

2. Re-appointment of Director

To appoint Smt. Uma Jampana (DIN: 00912376) who retires by rotation and being eligible, offers herself for re-appointment. She holds 600 equity shares and is spouse of Managing Director Mr. J.V.R. Mohan Raju.

Special Business

3. Scheme of Reduction of Share Capital

Nature of Proposal: Special Resolution to approve Scheme of Reduction of Share Capital under Section 66 of Companies Act, 2013.

Current Capital Structure:

  • Authorized Share Capital: ₹11,00,00,000 divided into 5,50,00,000 equity shares of ₹2 each
  • Paid-up Share Capital: ₹2,05,01,600 divided into 1,02,50,800 equity shares of ₹2 each
  • Accumulated Losses (as of March 31, 2026): ₹1,22,41,849

Proposed Reduction:

  • Reduction of paid-up share capital from ₹2,05,01,600 to ₹92,25,720
  • Reduction effected by writing off Accumulated Losses of ₹1,12,75,880
  • Cancellation and extinguishment of 56,37,940 equity shares of ₹2 each

Consolidation Proposal:

  • Change authorized share capital to ₹11,00,00,000 divided into 1,10,00,000 equity shares of ₹10 each
  • Consolidation ratio: 100 equity shares of ₹2 each → 9 equity shares of ₹10 each
  • Post-reduction capital: ₹92,25,720 divided into 9,22,572 equity shares of ₹10 each

Fractional Entitlements: Any fractional shares will be rounded up to next whole number, with corresponding increase foregone by promoter Mr. Venkata Rama Mohan Raju Jampana to maintain exact capital amount.

Rationale:

  • To align capital structure with actual available capital after accumulated losses
  • Present true and fair view of financial position
  • No adverse effect on creditors as no pay-out involved
  • Makes balance sheet leaner and rationalizes structure

Approvals Required:

  • Shareholder approval through Special Resolution
  • Confirmation by National Company Law Tribunal (NCLT), Hyderabad Bench
  • Other regulatory approvals as required

Exemption Sought: Company requests exemption from adding "And Reduced" to its name as no pay-out to members.

Financial Highlights (FY 2025-26)

  • Total Revenue: ₹73.71 lakhs (Previous year: ₹81.33 lakhs)
  • Net Loss: ₹7.89 lakhs (Previous year: Profit ₹10.07 lakhs)
  • Earnings Per Share: -₹0.08 (Previous year: ₹0.10)
  • Total Expenses: ₹81.64 lakhs
  • Other Income: Included exceptional items

Segment Performance: Revenue decline attributed to delays in license renewal process in Sri Lanka affecting operational capacity.

Corporate Governance

  • Board met 5 times during FY 2025-26
  • All independent directors provided independence declarations
  • Vigil mechanism and whistle blower policy in place
  • No material related party transactions
  • No fraud reported by auditors

Voting Information

  • Record Date: September 23, 2026
  • Book Closure: September 24, 2026 to September 30, 2026
  • Remote e-Voting: September 27, 2026 (9:00 AM) to September 29, 2026 (5:00 PM)
  • Scrutinizer: Mr. VBSS Prasad, Practicing Company Secretary