Key Financial Figures (FY 2025-26)
- Revenue from operations: ₹117.75 crore (Previous year: ₹148.37 crore)
- Other Income: ₹25.43 crore (Previous year: ₹22.04 crore)
- Profit before Interest, Depreciation & Tax: ₹46.96 crore (Previous year: ₹37.23 crore)
- Profit before taxation: ₹45.71 crore (Previous year: ₹35.94 crore)
- Profit after tax: ₹33.96 crore (Previous year: ₹26.47 crore)
- Total Comprehensive Income: ₹34.14 crore (Previous year: ₹26.48 crore)
- Earnings per share (Basic & Diluted): ₹19.17 (Previous year: ₹14.94)
Dividend Declaration
The Directors do not recommend any dividend for the financial year 2025-26 to conserve existing resources and meet investment needs.
AGM Details
- Date: Thursday, 20th August, 2026
- Time: 12:30 PM
- Mode: Video Conferencing/Other Audio Visual Means (VC/OAVM)
- Record Date: 13th August, 2026
Ordinary Business
1. Adoption of audited financial statements for FY ended 31st March, 2026
2. Re-appointment of Mrs. Pragya Baid (DIN: 06622497) who retires by rotation
Special Business
3. Approval of Material Related Party Transactions (Ordinary Resolution)
- Purpose: To approve entering into contracts/arrangements with related parties for providing loans, guarantees, or security in connection with loans
- Related Parties: RDB Infrastructure and Power Limited, RDB Real Estate Constructions Limited, Loka Properties Private Limited, RDB Bhopal Hospitality Pvt Ltd, RDB Primarc Techno Park LLP, Nirvana Devcon LLP, Nextel Construction LLP, Ritudhan Suppliers Private Limited, Gupta Infrastructure (India) Private Limited, and Danbro Hotels Pvt. Ltd.
- Aggregate Limit: ₹300 crore at any point during FY 2026-27
- Rationale: Utilization of surplus funds for higher-yielding opportunities at interest rate of 15%
- Percentage of consolidated turnover: 254.77% of annual consolidated turnover
- Audit Committee Approval: 10th February, 2026
- Board Approval: 10th February, 2026
4. Authorization under Section 185 of Companies Act, 2013 (Special Resolution)
- Purpose: To authorize Board to give loans, guarantees, or provide security in connection with loans to entities where directors are interested
- Utilization: Only for principal business activities of borrowing company
- Board Approval: 10th February, 2026
5. Enhancement of Limits under Section 186 of Companies Act, 2013 (Special Resolution)
- Purpose: To enhance limits for granting loans, making investments, providing guarantees and securities
- Current Limit: ₹229.39 crore (100% of free reserves and securities premium account)
- Proposed Limit: ₹300 crore or statutory limit, whichever is higher
- Current Utilization: ₹163.07 crore as of 31st March, 2026
- Board Approval: 27th May, 2026
Board of Directors
- Mr. Shanti Lal Baid: Chairman & Managing Director
- Mrs. Pragya Baid: Non-Executive Director
- Mr. Sandeep Baid: Whole-Time Director
- Mr. Priyam Sen: Non-Executive & Independent Director (Appointed w.e.f. 1st April, 2024)
- Mr. Ashok Kumar Jain: Non-Executive & Independent Director
- Mrs. Riya Jain: Non-Executive & Independent Director (Appointed w.e.f. 26th June, 2025)
- Mr. Abhay Bharat Kumar Doshi: Resigned w.e.f. 28th May, 2025
Key Managerial Personnel
- Mr. Sandeep Baid: Chief Financial Officer
- Mrs. Shradha Dalmia: Company Secretary & Compliance Officer
Share Capital
- Authorized Capital: ₹18.00 crore (1,80,00,000 equity shares of ₹10 each)
- Paid-up Capital: ₹17.71 crore (1,77,14,800 equity shares of ₹10 each)
- Dematerialization: 90.74% of share capital as on 31st March, 2026
Secretarial Audit Report Findings
1. Delay in submission of shareholding pattern by one day under Regulation 31(1) of SEBI LODR for quarter ended 30th June, 2025
2. Notice of Board meeting under Regulation 29(1) not submitted at least two working days in advance for meeting held on 26-05-2025
3. Company is yet to constitute Internal Complaints Committee as per Sexual Harassment of Women at Workplace Act, 2013
E-voting Details
- Service Provider: National Securities Depository Limited (NSDL)
- Voting Period: 17th August, 2026 (9:00 AM) to 19th August, 2026 (5:00 PM)
- Scrutinizer: Mrs. Mausami Sengupta, Practicing Company Secretary
Other Material Information
- CSR Expenditure: ₹67.64 lakh spent during FY 2025-26
- Employee Strength: 87 permanent employees as on 31st March, 2026
- Contingent Liabilities: ₹159.29 lakh in various pending tax litigations
- Loan Exposure: ₹163.07 crore in loans, investments, guarantees and securities as on 31st March, 2026
- Related Party Transactions: All transactions during the year were at arm's length and in ordinary course of business