Sai Industries Limited

AGM Details

The 35th AGM is scheduled to be held on Wednesday, September 30, 2026, at 04:00 PM at B-4/10 Samrat Enclave, LSC, Delhi-110034. The Register of Members and Share Transfer Books will remain closed from September 24, 2026, to September 30, 2026 (both days inclusive). The remote e-voting period begins on September 27, 2026, at 09:00 AM and ends on September 29, 2026, at 05:00 PM through the NSDL platform. The cut-off date for determining voting rights is September 23, 2026.

Ordinary Business Agenda

1. To receive, consider, and adopt the Audited Standalone Financial Statements for FY 2025-26, including the Balance Sheet as of March 31, 2026, the Statement of Profit and Loss, and the Cash Flow Statement for the year ended on that date, together with the Reports of the Directors and Auditors.

2. To re-appoint Mr. Yogender (DIN: 09376906), who retires by rotation and, being eligible, offers himself for re-appointment.

3. To re-appoint M/s. Girotra & Co., Chartered Accountants (Firm Registration No. 025056N), as Statutory Auditors of the Company to hold office from the conclusion of this AGM until the conclusion of the AGM to be held in the fifth year thereafter, at a remuneration to be mutually agreed upon between the Board and the Auditors.

Financial Performance (Figures in Rupees)

| Particulars | Current Year (2025-2026) | Previous Year (2024-2025) |

| Total Expenses | 33,158.53 | 3,292.07 |

| Profit/(Loss) Before Tax | (33,158.53) | (3,292.07) |

| Profit/(Loss) After Tax | (33,158.53) | (3,292.07) |

| Earnings Per Share (Basic & Diluted) | (1.11) | (0.11) |

The company reported a significantly increased net loss of ₹33,158.53 for FY 2025-26 compared to a net loss of ₹3,292.07 in the previous year. The negative EPS widened to ₹1.11 from ₹0.11.

Dividend and Reserves

The Directors did not recommend any dividend for the current financial year. No amount was transferred to Reserves & Surplus during the year.

Capital Structure

The Authorized Share Capital remained unchanged at ₹5,00,00,000. The Issued, Subscribed, and Paid-up Share Capital stood at ₹3,00,00,000, divided into 30,00,000 equity shares of ₹10 each. There was no change in the capital structure during the year.

Directors and Key Managerial Personnel

The Board of Directors as of March 31, 2026, comprised:

  • Mr. Narender - Managing Director, Non-Executive Director
  • Mr. Ajay - Non-Executive Director
  • Mr. Yogender - Independent Director
  • Ms. Anshu Jain - Non-executive Director, Company Secretary

Mr. Yogender retires by rotation and is eligible for re-appointment.

Board Committees and Meetings

The company has three functional committees:

1. Audit Committee: Mr. Yogender (Chairman), Mr. Narender, Mr. Ajay, Ms. Anshu Jain

2. Stakeholder Relationship Committee: Mr. Yogender (Chairman), Mr. Narender, Mr. Ajay, Ms. Anshu Jain

3. Nomination and Remuneration Committee: Mr. Yogender (Chairman), Mr. Narender, Mr. Ajay, Ms. Anshu Jain

Four Board meetings were held during the year on: August 4, 2025; May 29, 2025; November 13, 2025; and January 24, 2026.

Legal and Regulatory Matters

One financial creditor filed an application before the NCLAT (COM.APP(AT)(INS) 899/2025) against the Company due to non-payment of dues. The company is in the process of settling the matter. There were no other significant material orders passed by regulators or courts impacting the going concern status.

Internal Financial Controls

The management maintains internal financial controls adequate for the size and operations of the company. The Statutory Auditors' report states that the company has, in all material respects, an adequate internal financial controls system over financial reporting operating effectively as of March 31, 2026.

Related Party Transactions

All related party transactions were entered into on an arm's length basis in the ordinary course of business. Details are provided in Form AOC-2 (Annexure B).

Corporate Governance

As per Regulation 15 of SEBI (LODR) Regulations, 2015, the corporate governance regulations are not applicable to the company. However, the company has adopted various policies including a Nomination and Remuneration Policy, Whistle Blower Policy, Related Party Transaction Policy, and Insider Trading Policy.

Shareholding Pattern (as of March 31, 2026)

  • Promoter & Promoter Group: 41.16% (12,34,797 shares)
  • Indian Public: 58.84% (17,65,203 shares)
  • Total Shareholders: 1,617
  • Total Shares: 30,00,000

All shares are held in dematerialized form.

Registrar and Transfer Agent

Beetal Financial & Computer Services (P) Ltd., Beetal House, 3rd Floor, 99 Madangir, Behind Local Shopping Centre, Near Dada Harsukhdas Mandir, New Delhi-110062.

Other Disclosures

  • The company has no subsidiaries.
  • No deposits were accepted from members during the year.
  • No fraud was reported by the auditors under Section 143(12) of the Companies Act, 2013.
  • No CSR expenditure was incurred as the company is not covered under Section 135(1) of the Companies Act, 2013.
  • No employee received remuneration exceeding the limits specified under Section 197 of the Companies Act.
  • The company has complied with the mandatory requirement of dematerialization of shares.