Financial Performance Highlights
Revenue from Operations: ₹17.98 lakh (FY26) vs ₹60.99 lakh (FY25) - 70.5% decrease
Total Income: ₹19.12 lakh (FY26) vs ₹64.48 lakh (FY25) - 70.3% decrease
Profit Before Tax: ₹30,420 (FY26) vs ₹3.82 lakh (FY25) - 92.0% decrease
Profit After Tax: ₹6,230 (FY26) vs ₹27.43 lakh (FY25) - 99.8% decrease
Earnings Per Share (Basic): ₹0.00 (FY26) vs ₹0.60 (FY25)
Earnings Per Share (Diluted): ₹0.00 (FY26) vs ₹0.52 (FY25)
Share Capital Changes
Authorized Share Capital: ₹19.56 crore (1.96 crore equity shares of ₹10 each) - unchanged
Paid-up Share Capital: Increased to ₹12.56 crore (1.26 crore equity shares) from ₹4.56 crore (45.58 lakh shares) due to conversion of 80 lakh warrants
Warrant Conversion: 80 lakh warrants converted to equity shares at ₹12.80 per share (₹10 face value + ₹2.80 premium) on May 16, 2025
Securities Premium: Increased to ₹2.69 crore from ₹4.55 lakh due to warrant conversion
AGM Details
Date: Wednesday, September 30, 2026
Time: 1:30 PM
Venue: Registered office at Plot 3, Shop 325, DDA C.CNTR, Aggarwal Plaza, Sec-14, Rohini, New Delhi-110085
Business to be transacted:
1. Adoption of audited financial statements for FY26
2. Appointment of M/s. S K Handa & Associates as statutory auditors for 5 years (replacing M/s. V.N. Purohit & Co.)
3. Appointment of Mr. Indrajeet Pradhan (DIN: 10148955) as Non-Executive Independent Director
4. Appointment of Mr. Mohit Lochan (DIN: 11896430) as Non-Executive Independent Director
5. Appointment of Mrs. Ritika Bachhawat (DIN: 08615248) as Non-Executive Independent Director
6. Appointment of M/s. Rohit Bhatia & Associates as secretarial auditors for 5 years
Board Composition Changes
Three new independent directors appointed effective September 03, 2026, subject to shareholder approval:
- Mr. Indrajeet Pradhan: Business and finance professional with capital markets experience
- Mr. Mohit Lochan: Finance professional with banking, insurance and capital markets background
- Mrs. Ritika Bachhawat: Company Secretary and legal consultant with corporate law expertise
Auditor Appointments
Statutory Auditor: M/s. S K Handa & Associates (FRN: 016424N) proposed to be appointed for 5 years from conclusion of 11th AGM to 16th AGM, remuneration fixed at ₹1,00,000 for FY27 plus applicable taxes
Secretarial Auditor: M/s. Rohit Bhatia & Associates proposed to be appointed for 5 years from FY26-27 to FY30-31, remuneration fixed at ₹1,00,000 for FY26-27 plus applicable taxes
Key Financial Position (as of March 31, 2026)
Total Assets: ₹16.21 crore
Inventories: ₹11.02 crore
Trade Receivables: ₹8.21 lakh
Cash & Cash Equivalents: ₹2.34 lakh
Short-term Loans & Advances: ₹3.63 crore
Total Liabilities: ₹16.21 crore
Shareholders' Funds: ₹15.63 crore
Reserves & Surplus: ₹3.07 lakh
Business Overview
The Company is engaged in trading of metals with primary focus on gold bars and gold coins. Also carries business of buying, selling, trading, importing and exporting agricultural commodities including wheat, rice, paddy, corn, edible oils and other commodities.
Dividend
No dividend recommended for FY25-26 due to operational requirements and future growth plans.
Contingent Liabilities
GST Show Cause Notice: ₹3.26 crore dated December 9, 2024 issued under section 74 of CGST Act
Income Tax Demand: ₹2.04 lakh for Assessment Year 2024-25 pursuant to assessment order dated November 7, 2024
E-Voting Details
Cut-off Date: September 23, 2026
Remote e-voting Period: September 27, 2026 (9:00 AM) to September 29, 2026 (5:00 PM)
Scrutinizer: Mr. Aakash Goel, Proprietor of M/s G Aakash & Associates
Compliance Status
Company states it has complied with all applicable provisions of Companies Act, 2013, SEBI Regulations, and other statutory requirements. No material orders passed by regulators/courts during the year.