Scrip Symbol

MACHLTD

Meeting Details

The 22nd Annual General Meeting will be held on Tuesday, September 15, 2026 at 12:00 hours (IST) through Video Conferencing/Other Audio-Visual Means. The Registered Office of the Company shall be deemed to be the venue for the AGM.

Ordinary Business Items

1. Adoption of Financial Statements

To receive, consider and adopt the Audited Standalone and Consolidated Financial Statement of the Company as at 31st March, 2026 together with Auditor's Report and Report of Directors thereon.

2. Declaration of Final Dividend

To declare final dividend of Rs. 0.50 per equity share of the face value of Rs. 10.00 each for the financial year ended March 31, 2026, representing 5% on face value.

3. Re-appointment of Director

To appoint Mr. Amit Bhatia (DIN: 00351412) as Director who retires by rotation and being eligible, offers himself for re-appointment.

Special Business Items

4. Appointment of Mr. Kaushik Ghosh as Executive Director

To approve the appointment of Mr. Kaushik Ghosh (DIN: 00528071) as an Executive Director, liable to retire by rotation.

5. Appointment of Mr. Kaushik Ghosh as Joint Managing Director

To approve the appointment of Mr. Kaushik Ghosh as a Whole-Time Director designated as "Joint Managing Director" from 12th August, 2026 to 11th August, 2031.

6. Appointment of Mr. Ranjan Ghosh as Executive Director

To approve the appointment of Mr. Ranjan Ghosh (DIN: 11173263) as an Executive Director, liable to retire by rotation.

7. Appointment of Mr. Yash Pal Bhatia as Non-Executive Director

To approve the appointment of Mr. Yash Pal Bhatia (DIN: 03327063) as a Non-Executive and Non-Independent Director, liable to retire by rotation.

8. Appointment of Mr. Adit Bhatia as Executive Director

To approve the appointment of Mr. Adit Bhatia (DIN: 11710039) as an Executive Director, liable to retire by rotation.

Financial Performance Highlights (FY 2025-26)

Standalone Financials:

  • Total Revenue: ₹216,92,78,395 (compared to ₹235,74,72,771 in FY 2024-25)
  • Profit After Tax: ₹165,92,8,653 (compared to ₹141,64,5,090 in FY 2024-25)
  • EPS: ₹7.89 (compared to ₹7.07 in FY 2024-25)

Consolidated Financials:

  • Total Revenue: ₹230,44,98,758 (compared to ₹235,74,72,771 in FY 2024-25)
  • Profit After Tax: ₹150,61,8,932 (compared to ₹141,72,1,573 in FY 2024-25)
  • EPS: ₹7.44 (compared to ₹7.07 in FY 2024-25)

Dividend Details

  • Final dividend of ₹0.50 per equity share recommended by Board on May 29, 2026
  • Record date: September 4, 2026
  • Dividend payment: To be paid electronically after September 15, 2026
  • Dividend shall be paid only through electronic mode as per SEBI Master Circular

Director Appointment Details and Remuneration

Mr. Kaushik Ghosh (Joint Managing Director)

  • Appointment period: August 12, 2026 to August 11, 2031 (5 years)
  • Salary: Up to ₹18,75,000 per month
  • Bonus: Up to ₹1,00,00,000 during FY 2025-26
  • Experience: 32 years in travel, tourism, and hospitality industry
  • Previous remuneration (as Additional Director): ₹15,56,323 in FY 2025-26

Mr. Ranjan Ghosh (Executive Director)

  • Salary: Up to ₹5,00,000 per month
  • Experience: 22 years in event execution and operational planning
  • Previous remuneration (as Vice President): ₹52,63,200 in FY 2025-26

Mr. Yash Pal Bhatia (Non-Executive Director)

  • No remuneration, sitting fees, or monetary compensation
  • Military veteran with 30+ years of service
  • Qualifications: Postgraduate in English Literature and Business Management

Mr. Adit Bhatia (Executive Director)

  • Salary: Up to ₹2,50,000 per month
  • Experience: 5+ years in travel and tourism sector
  • Previous remuneration: ₹21,98,790 as Deputy General Manager in FY 2025-26
  • Shareholding: 90,200 equity shares

Voting Arrangements

  • Remote e-voting period: September 12, 2026 (9:00 hours) to September 14, 2026 (17:00 hours)
  • Cut-off date for eligibility: September 4, 2026
  • E-voting service provider: National Securities Depository Limited (NSDL)
  • Scrutinizer: M/s. Dhirender Tripathi and Associates, Practicing Company Secretaries

Shareholder Information

  • Registrar and Transfer Agent: Skyline Financial Services Private Limited
  • Integrated Annual Report available on company website: https://machtravelsolutions.com/
  • Physical copies available on request for shareholders not registered for electronic communication

Tax Information on Dividend

  • TDS at 10% for resident shareholders with valid PAN
  • TDS at 20% for residents without PAN or invalid PAN
  • No TDS for resident individuals if total dividend during FY 2026-27 does not exceed ₹10,000
  • For non-resident shareholders: TDS at 20% plus applicable surcharge and cess
  • Shareholders must update PAN with depositories by September 4, 2026

Corporate Governance Details

  • Notice of AGM approved by Board on August 12, 2026
  • Company Secretary & Compliance Officer: Yashashvi Srivastava
  • Board meetings attended by Amit Bhatia in FY 2025-26: 4 out of 4
  • Amit Bhatia's shareholding: 1,37,59,400 equity shares as of March 31, 2026
  • Amit Bhatia's remuneration: ₹66,39,600 in FY 2025-26

Related Party Relationships

  • Amit Bhatia is spouse of Laveena Bhatia (Whole-time Director)
  • Amit Bhatia is father of Adit Bhatia and son of Yash Pal Bhatia
  • Yash Pal Bhatia is father of Amit Bhatia and father-in-law of Laveena Bhatia
  • Adit Bhatia is son of Amit Bhatia and Laveena Bhatia, and grandson of Yash Pal Bhatia