AGM Details

  • Date: Friday, September 25th, 2026
  • Time: 03:00 p.m. IST
  • Mode: Video Conferencing (VC) or Other Audio Visual Means (OAVM)
  • Cut-off date for voting rights: September 18, 2026
  • E-voting period: September 22, 2026 (9:00 am) to September 24, 2026 (5:00 pm)

Resolutions to be Considered

Ordinary Business:

1. Adoption of Accounts: To adopt Audited Financial Statements for FY ended March 31, 2026 with Board and Auditor's Reports

2. Re-appointment of Mr. Anil Shiv Charan Singh (DIN: 09338444) as Director retiring by rotation

3. Appointment of Statutory Auditors: M/s. NKSC & Co, Chartered Accountants (Firm Registration No. 020076N) for 5 years from conclusion of 2026-27 AGM until conclusion of 2030-31 AGM

4. Increase in Authorised Share Capital: From ₹12,50,00,000 (1.25 crore equity shares of ₹10 each) to ₹40,00,00,000 (4 crore equity shares of ₹10 each) by creating additional 2.75 crore equity shares

Special Business:

5. Appointment of Mr. Mahesh Singh (DIN: 11814569) as Non-Executive Independent Director (appointed as Additional Director from July 8, 2026)

6. Appointment of Mr. Hiren Kishor Patel (DIN: 10753864) as Non-Executive Independent Director (appointed as Additional Director from July 8, 2026)

7. Reclassification of Promoter: Prashant Natwarlal Lakhani from promoter category to public category as he holds 0 shares (0.00% shareholding) and meets SEBI LODR Regulation 31A criteria

Financial Performance Highlights (Amount in Lakhs)

| Particulars | FY 2025-26 | FY 2024-25 |

| Revenue from operations | 3.44 | 79.55 |

| Other Income | 61.93 | 4.57 |

| Total revenue | 65.37 | 84.13 |

| Total Expense (excluding Depreciation) | 54.07 | 74.29 |

| Gross Profit before depreciation and tax | 11.30 | 9.84 |

| Depreciation | 0.13 | 5.23 |

| Net Profit before tax | 11.17 | 4.61 |

| Tax Expense | 1.85 | 1.16 |

| Net Profit After Tax | 9.32 | 3.45 |

| Basic EPS (₹) | 0.08 | 0.03 |

| Diluted EPS (₹) | 0.08 | 0.03 |

Corporate Governance Updates

Board Changes during FY 2025-26:

  • Mr. Ravi Kotia: Chairman & MD (upto 23.07.2025)
  • Mr. Prashant Natwarlal Lakhani: Executive Director (w.e.f 23.07.2025 till 14.01.2026)
  • Multiple director resignations/appointments throughout the year

Key Managerial Personnel Changes:

  • CFO: Mr. Amit Rameshbhai Kotia (upto 24.07.2025), Mr. Vishal Gupta (w.e.f. 06.11.2025)
  • Company Secretary: Ms. Priyal Dangi (w.e.f. 29.04.2025 upto 11.06.2025), Ms Aaradhana Fulwani (w.e.f.23.01.2026)

Auditor Changes:

  • Statutory Auditor: M/s. Bharat Gupta & Company (upto 21.08.2025), M/s. NKSC & Co (w.e.f 29.11.2025)
  • Internal Auditor: M/s. Ravjani Jemani & Company (w.e.f. 20.05.2025)
  • Secretarial Auditor: M/s. Ramesh Chandra Bagdi & Associates (w.e.f 29.11.2025)

Promoter Reclassification Details

Outgoing Promoter: Prashant Natwarlal Lakhani

  • Current Category: Promoter
  • Post Classification: Public
  • Shares Held: 0
  • % Shareholding: 0.00%

Undertaking Provided: The outgoing promoter confirms compliance with SEBI LODR Regulation 31A including:

  • Holds less than 10% of paid-up equity share capital
  • No special rights through formal/informal agreements
  • Not acting as key managerial person or represented on Board
  • Does not exercise control over company affairs
  • Not a wilful defaulter or fugitive economic offender
  • No regulatory action pending

Voting and Participation Procedures

  • Remote e-voting through NSDL facilities
  • Physical attendance dispensed with due to VC/OAVM meeting
  • Members can join meeting 15 minutes before and after scheduled time
  • Facility available for 1000 members on first-come-first-served basis (exceptions for large shareholders, promoters, institutional investors, directors, KMPs)
  • Scrutinizer: Ramesh Chandra Bagdi, Practicing Company Secretaries

Dividend Declaration

No dividend recommended for FY 2025-26 as profits are being ploughed back into business.