AGM Details
The 22nd AGM will be held on Tuesday, June 30, 2026 at 9:00 AM IST through Video Conference/Other Audio Visual Means (VC/OAVM). The cut-off date for e-voting is Tuesday, June 23, 2026. The remote e-voting period commences at 9:00 AM on Saturday, June 27, 2026, and ends at 5:00 PM on Monday, June 29, 2026.
Business to be Transacted
Ordinary Business:
1. Adoption of Financial Statements: To consider and adopt the Audited Standalone and Consolidated Financial Statements for the financial year ended March 31, 2026, together with Reports of the Board of Directors and Auditors.
2. Re-appointment of Director: To re-appoint Mr. Ramesh Karur Raghavendran (DIN: 03572425) as Whole-time Executive Director Finance and Chief Financial Officer, who retires by rotation.
Special Business:
3. Re-appointment and Remuneration of Executive Director: To re-appoint and approve remuneration for Mr. L. S. Vaidyanathan (DIN: 00304652) as Whole-time Director designated as Executive Director – Business Development for a period of 14 months from June 1, 2026, to July 31, 2027.
- Remuneration Details:
- Basic salary: ₹95,85,000 per annum
- Performance-linked pay: Up to ₹32,85,000 per annum
- Perquisites: Telephone, chauffeur-driven car, medical reimbursement, entertainment expenses, group insurance, provident fund, leave, ESOP eligibility, and two club memberships
- Mr. Vaidyanathan holds 139,501 equity shares in the company.
- The resolution requires a special majority.
4. Approval of Related Party Transactions: To approve existing and new Material Related Party Transactions under Regulation 23 of SEBI LODR Regulations and Section 188 of Companies Act, 2013.
- Related Parties: Satchmo Foods Private Limited (WOS), Satchmo Services Private Limited (WOS), Nitesh Infrastructure & Constructions, Nitesh Land Private Limited.
- Approval Sought: Aggregate limit of ₹10 crores for transactions during FY 2026-27 until the next AGM in 2027.
- Transactions are in ordinary course of business and at arm's length.
5. Approval for Investments, Loans, and Guarantees: To approve making investments, giving loans, providing guarantees, and securities under Sections 185 and 186 of Companies Act, 2013.
- Purpose: Investments in Satchmo Services Private Limited (Wholly Owned Subsidiary) and other persons/bodies corporate in India.
- The resolution requires a special majority.
Financial Performance Highlights (Standalone)
| Particulars | 2025-26 (₹ in lakhs) | 2024-25 (₹ in lakhs) | 2023-24 (₹ in lakhs) |
| Turnover | 3,503 | 530 | 9,510 |
| Profit/(Loss) Before Tax | 1,05,931 | 1,551 | 246 |
| Profit/(Loss) After Tax | 1,05,931 | 1,551 | 356 |
| EPS | 72.64 | 1.06 | 0.24 |
| Dividend | Nil | Nil | Nil |
Capital Structure
Paid-up Capital: ₹145.83 crores (as of FY 2025-26)
Voting and Participation Instructions
The company has appointed KFin Technologies Limited as the Registrar and Transfer Agent. Members can vote remotely via e-voting or during the AGM through the VC/OAVM platform. Members must register their email addresses and mobile numbers with the depository participants or RTA to receive communication.
Additional Information
The Annual Report for FY 2025-26 is available on the company's website at www.satchmoholdings.in. The company has no pending investor grievances as of the date of the notice.