Annual General Meeting Details

  • Date: Wednesday, September 30, 2026
  • Time: 11:00 A.M.
  • Venue: Office No- S.F.221, Binali, Opp. Torrent Power Limited, Sola Road, Naranpura Vistar Ahmadabad City, Ahmedabad, Gujarat, 380013, India
  • Cut-off date for determining shareholders entitled to vote: September 23, 2026
  • No dividend declared for FY 2025-26
  • No book closure required under Regulation 42 of SEBI (LODR) Regulations, 2015

AGM Agenda Items

Ordinary Business:

1. Adoption of Audited Financial Statements for year ended March 31, 2026, together with Reports of Board of Directors and Auditors

2. Re-appointment of Mr. Sandip Manna (DIN: 07786154) who retires by rotation under Section 152(6) of Companies Act, 2013

3. Re-appointment of M/s. Devadiya & Associates, Chartered Accountants (FRN: 0123045W) as Statutory Auditors for five years from conclusion of 19th AGM to conclusion of 24th AGM

Financial Performance (FY 2025-26)

  • Revenue from operations: ₹614,010 (FY24-25: ₹429,654)
  • Other income: ₹121,400 (FY24-25: ₹519,000)
  • Total income: ₹735,410 (FY24-25: ₹948,654)
  • Profit before depreciation, interest and tax: ₹601,010 (FY24-25: ₹633,988)
  • Finance cost: ₹650 (FY24-25: ₹54,590)
  • Depreciation and amortization: ₹456,000 (same as previous year)
  • Profit before tax: ₹144,365 (FY24-25: ₹123,398)
  • Deferred tax benefit: ₹45,130 (FY24-25: ₹31,122)
  • Net profit after tax: ₹189,495 (FY24-25: ₹154,510)
  • Earnings per share (basic and diluted): ₹0.02 (same as previous year)
  • No amount transferred to reserves

Capital Structure

  • Authorized share capital: ₹9,50,00,000 (95,000,000 equity shares of ₹10 each)
  • Paid-up share capital: ₹9,40,50,060 (94,05,006 equity shares of ₹10 each)
  • No change in capital structure during the year

Board of Directors

1. Mr. Sandip Vinodkumar Kamdar - Whole Time Director and CEO

2. Mrs. Shivani Ketul Patel - Non-Executive Independent Director

3. Mrs. Anjali Sandipkumar Kamdar - Executive Director and CFO

4. Mr. Vinodray Keshavlal Kamdar - Non-Executive Director (ceased due to demise on August 28, 2026)

5. Mr. Sandip Manna - Executive Director

6. Mr. Govindbhai Jethabhai Tatosaniya - Non-Executive Independent Director

Key Managerial Personnel

  • CEO: Mr. Sandip Vinodkumar Kamdar
  • CFO: Mrs. Anjali Sandipkumar Kamdar

Statutory Auditors

M/s. Devadiya & Associates, Chartered Accountants (FRN: 0123045W)

Auditor Remarks and Qualifications

Key observations in Statutory Auditor's Report:

  • Company not regular in depositing undisputed statutory dues including Provident Fund, Employees State Insurance, Income-Tax, GST, etc.
  • Undisputed amounts outstanding for more than six months as at March 31, 2026:
  • GST payable: ₹35,40,648
  • TDS payable: ₹32,68,665
  • PF payable: ₹64,164
  • Professional tax payable: ₹7,922
  • Income tax: ₹2,46,19,228
  • Disputed income tax liability of ₹8,54,990 for AY 2018-19 pending with Commissioner (Appeals)
  • Company facing financial issues due to outstanding government dues

Secretarial Audit Report Findings

Non-compliances noted by Secretarial Auditor:

  • Not appointed Qualified Company Secretary as Compliance Officer within 3 months from date of casual vacancy
  • Not submitted Disclosure under Regulation 30 of SEBI (LODR) Regulations for Resignation of Company Secretary & Compliance Officer
  • Not submitted Shareholding Pattern under Regulation 31 for March 2025 and September 2025 quarters
  • Delay in submission of Financial Results for quarter and year ended March 2025
  • Delay in submission of Compliance Certificate as per Regulation 7(3)
  • Not submitted Voting Result in XBRL format for AGM held on September 30, 2024
  • Not submitted Reconciliation of Share Capital Audit Report for multiple quarters

Corporate Governance

  • Board meetings: 6 meetings held during FY 2025-26
  • Audit Committee: 4 meetings held
  • Nomination and Remuneration Committee: 1 meeting held
  • Stakeholders Relationship Committee: 1 meeting held
  • No related party transactions under Section 188(1) of Companies Act, 2013

Other Significant Disclosures

  • Loans from directors/relatives: Balance increased from ₹25,19,280 to ₹25,69,280 during the year
  • Company listed on BSE SME platform since May 5, 2018
  • No material changes affecting financial position between year-end and report date
  • No proceedings under Insolvency & Bankruptcy Code, 2016
  • No fraud reported by statutory auditors
  • No CSR obligation as company doesn't meet threshold criteria
  • No sexual harassment complaints received during the year

Vision and Business Overview

  • Company provides coaching in Accounts, Law & Finance fields
  • Vision to be among top quadrille coaching institutes across nation by 2025
  • Planning expansion into GPSC, UPSC and other competitive exam preparations
  • Operating in single segment of education services

Registered Office and Contact Information

Office No- S.F.221, Binali, Opp. Torrent Power Limited, Sola Road, Naranpura Vistar Ahmadabad City, Ahmedabad, Gujarat, 380013, India

Contact: +91 98240 47766

Registrar and Transfer Agent

Kfin Technologies Private Limited, Hyderabad