Key Dates

  • AGM Date: Wednesday, 16th September 2026 at 11:00 AM
  • AGM Mode: Video Conferencing/Other Audio Visual Means (VC/OAVM)
  • Cut-off Date for Voting: Friday, 4th September 2026
  • Remote E-voting Period: Sunday, 13th September 2026 (9:00 AM) to Tuesday, 15th September 2026 (5:00 PM)
  • E-voting Service Provider: National Securities Depository Limited (NSDL)
  • Scrutinizer: Ms. Neha P. Agrawal, Practising Company Secretary (Membership No. 7350)

Financial Performance (Standalone) - FY 2025-26 vs FY 2024-25

| Particulars | FY 2025-26 (₹ in Lakhs) | FY 2024-25 (₹ in Lakhs) |

| Sales/Revenue from Operations | 27.81 | 18.02 |

| Profit Before Interest & Depreciation | (132.99) | (105.05) |

| Depreciation | 6.30 | 6.20 |

| Profit Before Tax | (94.08) | (111.25) |

| Tax Provision | 0.00 | 0.00 |

| Profit After Tax | (94.08) | (111.25) |

| Other Comprehensive Income | 7.75 | 0.62 |

| Profit Available for Appropriation | (86.33) | (110.63) |

Key Financial Position as at 31st March 2026

  • Paid-up Equity Share Capital: ₹594.00 Lakhs (59,40,000 equity shares of ₹10 each)
  • Total Assets: ₹10,015.58 Lakhs
  • Non-Current Assets: ₹937.11 Lakhs (including Property, Plant & Equipment: ₹883.93 Lakhs)
  • Current Assets: ₹9,078.47 Lakhs (including Loans/Advances: ₹8,801.12 Lakhs)
  • Equity: ₹9,927.58 Lakhs
  • Current Liabilities: ₹81.20 Lakhs

AGM Agenda Items

Ordinary Business:

1. Adoption of Financial Statements: To receive, consider and adopt Audited Balance Sheet as of March 31, 2026, and Statement of Profit & Loss for year ended March 31, 2026

2. Re-appointment of Director: Mrs. Jeevanlata Kagliwal (DIN: 02057459) retires by rotation and offers herself for re-appointment

3. Appointment of Statutory Auditors: To appoint M/s. KP Sahasrabudhe & Co. (FRN: 117298W) as Statutory Auditors for 5 years from conclusion of AGM until AGM in 2031

Board and Management Changes

  • Directors Retired: Mr. Vadla Nagabhushanam (ceased on 29 October 2025), Mr. Madhukar Dhondiraj Deshpande (ceased on 12 February 2026)
  • New Directors Appointed: Mr. Anil Kashinath Purkar (Additional Director from 30 January 2026), Mr. Dilip Haribhau Deshpande (Additional Director from 12 February 2026)
  • Key Managerial Personnel: Mr. Satish Kagliwal (Managing Director), Mr. Rajendra Sharma (CFO), Mrs. Meher Amit Rajani (Company Secretary)

Statutory Auditors and Report

  • Current Auditors: M/s. KP Sahasrabudhe & Co. (appointed on 12 February 2026 to fill casual vacancy caused by resignation of previous auditors M/s. Gautam N Associates)
  • Audit Opinion: Qualified opinion issued due to non-charging of interest on inter-corporate loans/advances
  • Audit Fees: ₹0.76 Lakhs (₹0.35 Lakhs audit fees + ₹0.41 Lakhs quarterly audit fees)

Material Legal Matters

  • The Company initiated proceedings under IBC against TechIndia Nirman Limited (TNL) in 2025 for recovery of loans
  • NCLT admitted petition and initiated CIRP against TNL
  • NCLAT set aside NCLT order; Company has preferred appeal before Supreme Court of India
  • Matter is sub judice before Hon'ble Supreme Court
  • Financial impact of interest non-recognition on loans cannot be quantified pending final outcome

Related Party Transactions

Outstanding Loans to Related Parties (as at 31 March 2026):

  • Nath Biotechnologies Ltd: ₹1,686.66 Lakhs
  • TechIndia Nirman Ltd: ₹6,434.68 Lakhs
  • Paithan Mega Food Park Pvt. Ltd: ₹0.00 Lakhs (previous year: ₹60.06 Lakhs)

Other Transactions:

  • Sold 75.76 Hectares of Agricultural Land to Nath Bio-genes (India) Ltd (related party) in previous years (land registry pending)
  • Granted inter-corporate loans on which no interest has been charged

Capital Structure and Shareholding

  • Promoter Shareholding: 31.10% (18,47,428 shares)
  • Public Shareholding: 68.90%
  • Dematerialized Shares: 95.58% of equity share capital
  • Top Shareholders: Barkha Farms LLP (10.89%), Nath Royal Limited (7.57%), Ferry Fax Farms Pvt Ltd (5.67%)

Dividend Declaration

No dividend recommended for financial year ended 31st March, 2026 due to financial performance.

Corporate Governance Compliance

  • Company has established all mandatory committees: Audit Committee, Stakeholders' Relationship Committee, Nomination & Remuneration Committee
  • Vigil Mechanism/Whistle Blower Policy in place
  • No instances of sexual harassment complaints during the year
  • Corporate Governance certificate issued by practicing company secretary

Other Material Information

  • Registrar & Transfer Agent: Big Share Services Private Limited
  • Internal Auditors: M/s M.K. Ghatiya and Associates Company Secretaries
  • Secretarial Auditors: M/s. Neha P Agrawal Company Secretaries in Practice
  • Email for Investor Grievances: investor@agri-tech.in
  • Company Website: www.agri-tech.in