Key Dates and Events

  • AGM Date: Wednesday, 23rd September 2026 at 12:30 PM
  • AGM Mode: Video Conferencing/Other Audio-Visual Means
  • Cut-off Date: Thursday, 17th September 2026
  • E-voting Period: Sunday, 20th September 2026 (9:30 AM) to Tuesday, 22nd September 2026 (5:00 PM)
  • Record Date: 17th September 2026 for determining members entitled to vote

Financial Performance Highlights (FY 2025-26)

  • Revenue from Operations: ₹108.23 lakhs (Previous year: ₹145.67 lakhs)
  • Other Income: ₹75.39 lakhs (Previous year: ₹144.77 lakhs)
  • Total Income: ₹183.62 lakhs (Previous year: ₹290.44 lakhs)
  • Profit Before Tax: ₹10.15 lakhs (Previous year: ₹76.21 lakhs)
  • Net Profit After Tax: ₹7.57 lakhs (Previous year: ₹57.10 lakhs)
  • Earnings Per Share (Basic & Diluted): ₹0.17 (Previous year: ₹1.25)
  • Total Reserves & Surplus: ₹1,495.07 lakhs
  • Paid-up Capital: ₹471.66 lakhs

Dividend Declaration

No dividend recommended for FY 2025-26. Profits retained for business requirements and future growth plans.

Ordinary Business Items for AGM

1. Adoption of Audited Financial Statements for FY ended 31st March 2026

2. Re-appointment of Director: Mr. Vishnukant Inani retires by rotation and offers himself for re-appointment

Special Business Items for AGM

3. Adoption of New Memorandum of Association: Complete revision of object clauses with 37 new sub-clauses covering expanded business activities

4. Adoption of New Articles of Association: Alignment with Companies Act 2013 format based on Table F of Schedule I

5. Delegation of Powers to Board to Sell Properties: Proposal to sell:

  • Two commercial offices in Mumbai (approx. 500 sq. ft. each)
  • Two commercial offices in Hyderabad (approx. 1,450 sq. ft. each)
  • One flat in Hyderabad (approx. 2,853 sq. ft.)

6. Increase in Borrowing Limits: Approval to borrow up to ₹100 crores under Section 180(1)(c) of Companies Act 2013

7. Change in Designation: Mr. Lakshmikanth Inani from Managing Director to Whole-time Director (effective 23rd September 2026 to 22nd September 2029)

8. Change in Designation: Mr. Vishnukant Inani from Executive Director to Managing Director & Chairman (effective 23rd September 2026 to 22nd September 2029)

9. Appointment of Secretarial Auditor: M/s. Baheti Gupta & Co as Secretarial Auditor for 5 years (FY 2026-27 to 2030-31)

Board of Directors

  • Mr. Lakshmikanth Inani (Managing Director) - DIN: 00461829
  • Mr. Vishnukant Inani (Director) - DIN: 00571377
  • Mr. Kasturi Nagendra Prasad (Independent Director) - DIN: 00562599
  • Mrs. Prachi Sachin Chandak (Independent cum Women Director) - DIN: 08691118

Committee Composition

  • Audit Committee: Mr. Kasturi Nagendra Prasad, Mrs. Prachi Sachin Chandak, Mr. Vishnukant Inani
  • Nomination & Remuneration Committee: Mr. Kasturi Nagendra Prasad, Mrs. Prachi Sachin Chandak, Mr. Vishnukant Inani
  • Stakeholder Relationship Committee: Mr. Kasturi Nagendra Prasad, Mrs. Prachi Sachin Chandak

Registered Office and Corporate Office

  • Corporate Office: Office No. 1408, 14th Floor, Naman Midtown B-wing, Senapati Bapat Marg, Prabhadevi, Mumbai - 400013

Registrar and Share Transfer Agent

Venture Capital and Corporate Investments Pvt Ltd, Hyderabad

Key Financial Ratios

  • Current Ratio: 2.3 (Previous: 1.9)
  • Debt-Equity Ratio: 0.05 (Previous: 0.07)
  • Return on Equity: 0.38% (Previous: 2.91%)
  • Net Profit Ratio: 7.00% (Previous: 39.20%)
  • Return on Capital Employed: 1.47% (Previous: 4.82%)

Share Capital Structure

  • Authorized Capital: ₹5.35 crores (53,50,000 equity shares of ₹10 each)
  • Issued, Subscribed & Paid-up Capital: ₹4.71 crores (45,57,700 equity shares of ₹10 each)
  • Forfeited Shares: 4,64,200 shares (Amount: ₹15.89 lakhs)

Significant Accounting Policies

Financial statements prepared in accordance with Indian Accounting Standards (Ind AS). Property, plant and equipment measured at cost less depreciation. Depreciation provided on straight-line method as per useful life prescribed in Schedule II to Companies Act 2013.

Other Disclosures

  • No subsidiary, joint venture or associate companies
  • No deposits accepted or renewed during the year
  • No related party transactions during the period
  • No CSR activities undertaken as provisions not applicable
  • No employee received remuneration ≥ ₹1.02 crores during the year
  • Shares listed on BSE Limited (Scrip Code: 531672, ISIN: INE224C01014)
  • No sexual harassment complaints received during the year

Voting Arrangements

  • Remote e-voting facility provided through CDSL
  • Physical attendance dispensed with due to VC/OAVM meeting
  • Scrutinizer appointed: Ms. Padma Loya, Company Secretary

Documents Available for Inspection

  • Register of Directors and Key Managerial Personnel
  • Register of Contracts or arrangements in which directors are interested
  • Annual Reports and Annual Accounts