Annual General Meeting Details
- Meeting Date: Tuesday, September 29, 2026
- Time: 11:30 A.M. (IST)
- Mode: Video Conferencing/Other Audio-Visual Means
- Cut-off date for voting rights: September 23, 2026
- Register of Members closure: September 23, 2026 to September 29, 2026 (both days inclusive)
Business to be Transacted
Ordinary Business:
1. Adoption of Audited Financial Statements for FY ended March 31, 2026 together with reports of Board of Directors and Auditors
2. Appointment of director liable to retire by rotation - Mr. Dinesh Bohra (DIN:02352022) who retires by rotation and seeks re-appointment
Special Business:
3. Approval of Related Party Transactions with commonly controlled entities of promoters/directors for aggregate value of ₹60 crores (excluding taxes) to be entered during one year from AGM conclusion
4. Re-appointment of Mr. Hemant Bohra (DIN: 03559879) as Independent Director for 5 years up to March 30, 2031
5. Regularization and Appointment of Mr. Sachin Nagendra Singh (DIN: 11058137) as Independent Director for 5 years from August 27, 2026 to August 26, 2031
Financial Performance Highlights (Amount in Lakhs)
| Particulars | 2025-26 | 2024-25 |
| Total Revenue | 0.87 | 2.55 |
| Total Expenditure | 29.66 | 50.64 |
| Net Profit/(Loss) Before Tax | (28.80) | (48.09) |
| Net Profit/(Loss) After Tax | (28.80) | (48.09) |
Key Financial Position (As at March 31, 2026)
- Paid-up Share Capital: ₹85.89 lakhs (8,58,884 equity shares of ₹10 each)
- Total Assets: ₹62.16 lakhs
- Total Equity: (₹20.65) lakhs
- Current Liabilities: ₹82.80 lakhs
- Cash and Cash Equivalents: ₹10.20 lakhs
- Investments: ₹29.49 lakhs
Related Party Transactions Details
The company seeks approval for transactions with:
1. Zyden Technologies Private Limited (Promoter Company) - Contract for IT Infrastructure and web enabled services worth ₹60 crores
2. Mr. Dinesh Kumar Bohra - Director and promoter
3. Mr. Abhishek Dinesh Bohra - Managing Director and promoter
All transactions are stated to be at arm's length and in ordinary course of business.
Board and Committee Composition
Board of Directors:
- Mr. Abhishek Bohra (Managing Director)
- Mr. Dinesh Kumar Bohra (Director & CFO)
- Ms. Sonali Gupta (Director, Non-Executive)
- Mr. Nagendra Nagraj Nallu (Independent Director - till March 30, 2026)
- Mr. Hemant Bohra (Independent Director)
- Mr. Ganesh Bhanudas Bhayde (Independent Director - w.e.f. July 22, 2024)
- Mr. Sachin Nagendra Singh (Independent Director - w.e.f. August 27, 2026)
Key Managerial Personnel:
- Mr. Dinesh Kumar Bohra (Chief Financial Officer)
- Mrs. Ankita Agarwal (Company Secretary and Compliance Officer)
Corporate Actions
- The company altered its Object Clause of Memorandum of Association during the year, approved by members through postal ballot on March 20, 2025
- ROC issued certificate of registration for alteration dated April 30, 2025
- No dividend recommended for the year due to inadequate profits
Other Material Information
- The company's NBFC license was cancelled by RBI on October 18, 2018 for not reaching net worth of ₹200 lakhs
- Company has changed business activity from financial to IT infrastructure related services
- No material changes and commitments affecting company's financial position occurred between year-end and report date
- No deposits were accepted during the year under review
- No sexual harassment complaints were received during the financial year
Voting Arrangements
- Remote e-voting period: September 25, 2026 (9:00 A.M.) to September 28, 2026 (5:00 P.M.)
- Scrutinizer: CS Shruti Gupta, Practicing Company Secretary (FCS 10190)
- Final voting results to be declared within two working days from AGM conclusion