Key Financial Figures (Standalone FY 2025-26)

  • Revenue from Operations: ₹10.25 lakh (FY25: ₹335.44 lakh)
  • Profit Before Tax: ₹1.17 lakh (FY25: Loss of ₹3.70 lakh)
  • Net Profit After Tax: ₹1.17 lakh (FY25: Loss of ₹3.70 lakh)
  • Earnings Per Share (Basic/Diluted): ₹0.033 (FY25: -₹0.105)
  • Paid-up Share Capital: ₹351.23 lakh (35,12,250 equity shares of ₹10 each)
  • Total Assets: ₹142.52 lakh (FY25: ₹393.37 lakh)
  • Trade Receivables: ₹141.64 lakh (FY25: ₹392.46 lakh)
  • Borrowings (Unsecured): ₹37.04 lakh (FY25: ₹31.50 lakh)

AGM Details

  • 33rd Annual General Meeting: September 10, 2026, at 1:00 PM through Video Conferencing
  • Book Closure Date: September 4, 2026 to September 10, 2026 (both days inclusive)
  • Cut-off Date for E-voting: September 3, 2026
  • Remote E-voting Period: September 7, 2026 (9:00 AM) to September 9, 2026 (5:00 PM)

Proposed Resolutions for AGM

Ordinary Business

1. Adoption of Audited Standalone Financial Statements for FY ended March 31, 2026

2. Re-appointment of Mr. Ankit Tayal (DIN: 03055997) as Non-Executive Director liable to retire by rotation

Special Business

3. Increase in Authorized Share Capital from ₹10,00,00,000 to ₹22,00,00,000 by creating 1,20,00,000 additional equity shares of ₹10 each

4. Alteration of Capital Clause (Clause V) of Memorandum of Association to reflect increased authorized capital

5. Preferential Issue of 34,00,000 Equity Shares at ₹10 per share (aggregating ₹3.40 crore) to 16 identified public non-promoter persons

6. Preferential Issue of 1,15,87,750 Fully Convertible Warrants at ₹10 per warrant (aggregating ₹11.59 crore) to promoters and public non-promoters

7. Regularization of Mr. Neeraj Chaudhary (DIN: 03510795) as Director (Category: Executive)

8. Re-designation of Mr. Neeraj Chaudhary as Whole-time Director for 5 years from August 11, 2026 to August 10, 2031

Preferential Issue Details

Equity Shares Issue (Item 5)

  • Total Shares: 34,00,000 equity shares of ₹10 each
  • Issue Price: ₹10 per share (face value)
  • Total Amount: ₹3,40,00,000
  • Allottees: 16 identified public non-promoter individuals including Anish Gupta (8,90,000 shares), Priyanka Gupta (8,40,000 shares), others
  • Fair Value: ₹9.14 per share as per valuation by Mr. Subodh Kumar, Registered Valuer (IBBI/RV/05/2019/11705)
  • Objects: Working capital requirements (100%)
  • Lock-in: Subject to SEBI ICDR Regulations lock-in requirements

Warrants Issue (Item 6)

  • Total Warrants: 1,15,87,750 fully convertible warrants
  • Issue Price: ₹10 per warrant
  • Total Amount: ₹11,58,77,500
  • Conversion: Each warrant convertible into 1 equity share within 18 months
  • Payment Terms: 25% on allotment, 75% on conversion
  • Allottees:
  • Mr. Ankit Tayal (Promoter): 46,12,000 warrants
  • Mr. Mohit Sharma (Promoter): 47,63,250 warrants
  • Public non-promoters: 22,12,500 warrants
  • Objects: Working capital requirements (100%)
  • Lock-in: Subject to SEBI ICDR Regulations lock-in requirements

Capital Structure Changes

  • Current Authorized Capital: ₹10 crore (80 lakh equity shares of ₹10 + 2 lakh preference shares of ₹100)
  • Proposed Authorized Capital: ₹22 crore (2 crore equity shares of ₹10 + 2 lakh preference shares of ₹100)
  • Current Paid-up Capital: ₹351.23 lakh (35,12,250 equity shares)
  • Post-Issue Capital (if all warrants converted): ₹1,85,00,000 (1,85,00,000 equity shares)

Director Changes during FY 2025-26

  • Mr. Vaibhav Goel resigned as Whole Time Director and CFO on April 8, 2025
  • Mr. Mohit Sharma changed designation from Non-Executive to Executive Whole Time Director effective May 23, 2025
  • Mr. Mohit Sharma appointed as CFO effective April 11, 2025
  • Mr. Ankit Tayal re-designated from Executive Director to Non-Executive Director effective August 27, 2025
  • Mr. Neeraj Chaudhary appointed as Additional Director (Executive) effective July 31, 2026

Board Composition as on March 31, 2026

  • Ms. Somali Trivedi: Chairperson & Independent Director (DIN: 10761851)
  • Mr. Mohit Sharma: Whole Time Director & CFO (DIN: 07717249)
  • Mr. Ankit Tayal: Non-Executive Director (DIN: 03055997)
  • Ms. Jagriti Ojha: Independent Director (DIN: 10762066)

Shareholding Pattern (as on March 31, 2026)

  • Promoters: 56.65% (19,89,762 shares)
  • Public: 43.35% (15,22,488 shares)
  • Dematerialized Holdings: 85.33% (29,96,950 shares)
  • Physical Holdings: 14.67% (5,15,300 shares)

Other Key Information

  • Registrar & Share Transfer Agent: Skyline Financial Services Private Limited, New Delhi
  • Listing: BSE Limited

Financial Impact Assessment

  • The preferential issues will result in equity dilution and increase in paid-up capital
  • The working capital infusion is expected to support business operations
  • The company's net worth was negative as of March 31, 2026, but it reported profit for FY 2025-26
  • Financial impact of the proposed resolutions is quantified in the notice and explanatory statement

#Tags: #TacentProjects #SEBIDisclosure #CapitalIncrease #PreferentialIssue #AGM2026 #RegulatoryCompliance #FinancialUpdate #Neutral