Key Financial Figures (₹ in Lakhs)

  • Total Income: 1,058.67 (FY 2024-25: 436.00)
  • Total Expense: 714.57 (FY 2024-25: 125.39)
  • Profit before Tax: 344.10 (FY 2024-25: 310.62)
  • Net Profit after Tax: 288.25 (FY 2024-25: 310.61)
  • Authorized Share Capital: ₹10,000 crore (100,000,000,000 equity shares of ₹1 each)
  • Paid-up Share Capital: ₹627.48 crore (6,274,800,000 equity shares of ₹1 each)
  • Loans Advanced: ₹16,950 crore (1,695,000 lakhs)
  • Borrowings: ₹14,220 crore (1,422,000 lakhs)
  • Investments: ₹373.63 crore (37,363.15 lakhs)

Board and Management Changes

  • Mr. Deepak Verma (CFO) resigned w.e.f. 10-06-2026
  • Mrs. Shradha Sharma (Company Secretary) resigned w.e.f. 01-07-2026
  • Mrs. Yamini Saini appointed as Company Secretary w.e.f. 14-07-2026
  • Mr. Luv Sharma (Independent Director) resigned w.e.f. 20-11-2025
  • Mr. Bhupendra Kaushik (Independent Director) resigned w.e.f. 23-11-2025
  • Mr. Sanjay Tulsidas Bhanushali appointed as Additional Independent Director w.e.f. 05-08-2025
  • Mr. Asutosh Arun Sahu appointed as Additional Independent Director w.e.f. 05-08-2025

AGM Details

  • Date: 24-09-2026
  • Time: 04:00 PM IST
  • Mode: Video Conferencing/Other Audio-Visual Means

Ordinary Business

1. To receive, consider and adopt the Financial Statements together with Directors' and Auditors' Reports

2. To reappoint Mr. Ramesh Kumar (DIN: 00537325) who retires by rotation

Special Business

1. Appointment of M/s Parul Aggarwal & Associates as Secretarial Auditor for 4 years (FY 2026-27 to 2029-30)

2. Reclassification of Authorized Share Capital from 100,000,000,000 equity shares of ₹1 each to 95,000,000,000 equity shares of ₹1 each and 5,000,000,000 2% Preference Shares of ₹1 each

3. Issuance of up to 5,000,000,000 unlisted 2% Non-Convertible Preference Shares of ₹1 each on preferential basis to Golkonda Aluminium Extrusions Limited

Preference Share Terms

  • Face Value: ₹1 per share
  • Dividend: 2% per annum
  • Redemption: Within 20 years from allotment date
  • Non-convertible into equity shares
  • Unlisted securities
  • Lock-in period as per applicable law

Auditor Reports

Statutory Auditors (M/s V R S K & Associates):

  • Qualified opinion due to non-provision of interest on loans of ₹1,695,000 lakhs
  • Company should have prepared financial statements in compliance with IND-AS
  • Key audit matters: Loan borrowed (₹1,422,000 lakhs), Loan advanced (₹1,695,000 lakhs), Fair valuation of investments in unquoted instruments

Secretarial Auditor (ACS Parul Agarwal):

  • Penalty of ₹241,900 levied by BSE for non-compliance with Regulation 23(9) of SEBI LODR Regulations
  • Non-compliance with Section 186 of Companies Act, 2013 for loans and investments
  • Missing documentation for independent directors' qualifications
  • CSR non-compliance as net worth exceeded ₹500 crore threshold

Corporate Governance

  • Board met 4 times during FY 2025-26
  • Audit Committee met 4 times
  • Risk Management Committee met 2 times
  • No dividend recommended for the year
  • 100% of paid-up share capital is in dematerialized form

Voting Information

  • Remote e-voting period: 21-09-2026 (9:00 AM) to 23-09-2026 (5:00 PM)
  • Cut-off date for voting rights: 17-09-2026
  • Scrutinizer: Mrs. Parul Agarwal of M/s Parul Agrawal & Associates

Other Material Information

  • Company engaged in trading of textiles including cotton, woolen, art silk, natural silk, readymade garments
  • No material orders passed by regulators/courts impacting going concern status
  • No fraud detected during the financial year
  • Income tax demands of ₹1,978.39 lakhs outstanding for AY 2012-13 to 2023-24

#Tags: #ALSTONETEXTILES #FY2026Results #SEBIDisclosure #PreferenceShares #AGM2026 #RegulatoryCompliance #FinancialUpdate #Neutral