AGM Details

  • 32nd Annual General Meeting Date: Tuesday, September 29, 2026
  • Time: 04:30 P.M. (IST)
  • Mode: Video Conferencing/Other Audiovisual Means (VC/OAVM)
  • Book Closure Period: Wednesday, September 23, 2026 to Tuesday, September 29, 2026 (both days inclusive)
  • Remote e-voting period: September 26, 2026 (9:00 AM IST) to September 28, 2026 (5:00 PM IST)
  • Cut-off date for voting rights: September 22, 2026
  • Scrutinizer: Balkrishan Pradhan, Proprietor M/s. B. K. Pradhan & Associates

Financial Performance (Standalone & Consolidated)

FY 2025-26 vs FY 2024-25 (₹ in Lakhs)

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

| Revenue from operations | 2,138.59 | 2,689.74 | (551.15) |

| Other Income | 48.18 | 53.75 | (5.57) |

| Total Income | 2,186.77 | 2,743.49 | (556.72) |

| Total Expenditure | 1,590.45 | 2,091.77 | (501.32) |

| Profit before Tax | 596.32 | 651.72 | (55.40) |

| Total Tax Expenses | 140.66 | 159.43 | (18.77) |

| Net Profit for the period | 455.65 | 492.30 | (36.65) |

Key Financial Position (as of March 31, 2026)

  • Authorized Share Capital: ₹2,800.00 Lakhs (28,000,000 equity shares of ₹10 each)
  • Paid-up Share Capital: ₹2,800.00 Lakhs (28,000,000 equity shares of ₹10 each)
  • Investments in associate partnership firms: ₹2,171.60 Lakhs
  • Unsecured loans from Directors: ₹1,399.48 Lakhs outstanding
  • Inventory: ₹15,540.00 Lakhs
  • Trade Receivables: ₹672.86 Lakhs
  • Cash and Cash Equivalents: ₹416.26 Lakhs

Dividend Information

The Board of Directors has not recommended any dividend for the financial year ended March 31, 2026, with a view to conserve resources for future business expansion and working capital requirements.

Director Reappointments and Remuneration

The Board seeks shareholder approval for:

  • Reappointment of Mr. Sunil Kumar Jain as Managing Director for 3 years (November 01, 2026 to October 31, 2029) at remuneration of ₹9.00 lakhs per month
  • Continuation of Mr. Naveen Kumar Jain as Executive Director for 3 years (November 01, 2026 to October 31, 2029) at remuneration of ₹7.00 lakhs per month

Director Background:

  • Sunil Kumar Jain: 56 years, Commerce Graduate, holds 1,920,600 shares (6.86%), DIN: 00101324
  • Naveen Kumar Jain: 50 years, Commerce Graduate, holds 1,920,600 shares (6.86%), DIN: 00117876
  • Both are brothers of Mukesh Kumar Jain (also director holding 1,920,600 shares)

Related Party Transactions

Shareholder approval sought for material related party transactions exceeding 10% of annual consolidated turnover threshold:

Transactions with Directors (Sunil Kumar Jain, Naveen Kumar Jain, Mukesh Kumar Jain):

  • Unsecured borrowings from related parties for business requirements
  • Repayment of unsecured borrowings
  • Payment of interest (up to 12% p.a.)
  • Estimated amounts for FY2026-27: upto ₹10 Crores each for borrowing/repayment, upto ₹5 Crores for interest
  • Estimated amounts for FY2027-28: upto ₹15 Crores each for borrowing/repayment, upto ₹10 Crores for interest
  • Estimated amounts for FY2028-29: upto ₹20 Crores each for borrowing/repayment, upto ₹15 Crores for interest

Historical Transactions (FY2025-26):

  • Sunil Kumar Jain: Remuneration (₹84 Lakh), Loan taken (₹105 Lakh), Interest paid (₹11.14 Lakh)
  • Naveen Kumar Jain: Remuneration (₹84 Lakh), Loan taken (₹200 Lakh), Interest paid (₹34.23 Lakh), Loan repaid (₹56 Lakh)
  • Mukesh Kumar Jain: Remuneration (₹108 Lakh), Loan taken (₹148.50 Lakh), Interest paid (₹101.17 Lakh)

Transactions with Associate Firms (Rose Builtech, Avani Buildcon, Shri Krishna Buildcon, Maa Shipra Enterprises):

  • Making investments (upto ₹25 Crores per firm annually)
  • Withdrawing investments (upto ₹25 Crores per firm annually)
  • Sharing profit/loss (upto ₹25 Crores per firm annually)

Corporate Governance and Compliance

  • Board met 5 times during the year
  • All independent directors provided declarations of independence
  • Whistleblower mechanism established with no complaints during the year
  • Company has not taken contingency insurance policy as required by SEBI Circular
  • No other significant regulatory non-compliance reported

CSR Activities

  • CSR Obligation for FY 2025-26: ₹12.90 Lakhs
  • Amount spent on CSR: ₹13.25 Lakhs
  • Excess spent carried forward: ₹0.35 Lakhs
  • Focus areas: Healthcare, education, livelihood, sports, rural development, sanitation, women empowerment