Financial Performance Highlights (FY 2025-26)
The company reported financial results for the year ended March 31, 2026:
Income Statement:
- Total Income: ₹100.48 lakh (Previous year: ₹96.36 lakh)
- Profit before Exceptional Items and Tax: ₹6.75 lakh (Previous year: ₹11.36 lakh)
- Tax Expense: ₹1.69 lakh (Previous year: ₹2.86 lakh)
- Net Profit for the Year: ₹5.05 lakh (Previous year: ₹8.50 lakh)
- Earnings Per Share (Basic & Diluted): ₹0.11 (Previous year: ₹0.18)
- Accumulated Losses: ₹196.25 lakh (Previous year: ₹201.27 lakh)
- No dividend recommended due to accumulated losses
Balance Sheet Position:
- Total Assets: ₹26,889.18 thousand
- Equity Share Capital: ₹45,859.50 thousand (4.6 million shares of ₹10 each)
- Loans Outstanding: ₹100.00 lakh to Diadem Enterprises Pvt Ltd at 10% p.a. interest (fully repaid by July 31, 2026)
- Cash and Cash Equivalents: ₹134.94 lakh
36th Annual General Meeting Details
Date and Time: September 25, 2026 at 11:00 AM
Venue: Through Video Conferencing/Other Audio Visual Means (VC/OAVM)
Deemed Venue: Registered Office at No.34, Andal Nagar, Baluchetty Chatram, Kancheepuram
Business to be Transacted:
1. Adoption of audited financial statements for FY 2025-26
2. Reappointment of Dr. Matli Srutha Keerthi (DIN: 07159336) as director retiring by rotation
3. Fixation of remuneration of statutory auditors at ₹50,000 plus GST for FY 2026-27
Record Date: September 18, 2026
Book Closure: September 19-20, 2026
Board and Management Details
Board of Directors:
- Shri Pavan Kumar Matli, Managing Director (DIN: 02438906)
- Shri Vangallu Kodanda Ram, Director (DIN: 06967765)
- Shri Kranthikumar Chimakurthi, Director
- Dr. Matli Srutha Keerthi, Director (DIN: 07159336)
- Shri Vamsidhar Reddy Mandipati, Director
Key Managerial Personnel:
- Shri Pavan Kumar Matli, Managing Director
- Shri E.D.M. Menon, Company Secretary
- Shri G. Nandhivarman, Chief Financial Officer
Auditors:
- Statutory Auditors: M/s.K.Gopal Rao & Co, Chartered Accountants (Firm Registration No. 000956S)
- Secretarial Auditor: Shri A. Kumar Reddy, Practicing Company Secretary (ICSI M.No.FCS-7162)
- Internal Auditor: Mr. Vijaya Sujanakar, Management Consultants
Operational Update
- The company has identified packaging materials business as a new area of operation
- Trading activities generated 83% of total income, financing activities 17%
- The new management has expertise in packaging materials business
- Company is making efforts to revive operations and expand business
Significant Transactions
- Loan of ₹100.00 lakh advanced to Diadem Enterprises Pvt Ltd at 10% p.a. interest, repayable on demand
- Entire loan amount repaid by Diadem Enterprises by July 31, 2026
- No other loans, guarantees, or investments made during the year
Corporate Governance and Compliance
- Company complied with SEBI Listing Regulations and Companies Act, 2013 requirements
- Secretarial Audit Report noted minor delays in filing forms with MCA
- All board and committee meetings conducted as required
- Whistle Blower policy implemented for vigil mechanism
Shareholding Pattern
- Promoter Shareholding: Serengeti Holdings Pvt Ltd holds 11,75,680 shares (25.56%)
- Public Shareholding: 74.44%
- Shares listed on BSE Limited (Scrip Code: 519174)
- Registrar & Share Transfer Agent: M/s.MUFG Intime India Pvt. Ltd.
Other Disclosures
- No material changes affecting financial position post year-end
- No significant material orders passed by regulators/courts
- No fraud reported by auditors
- No CSR activities undertaken due to negligible profits
- Company has no subsidiaries, associates, or joint ventures
Auditor Remuneration
- Statutory Audit Fees for FY 2026-27: ₹50,000 plus GST and out-of-pocket expenses
- Secretarial Auditor appointed for FY 2026-27
Key Dates and Events
- AGM: September 25, 2026
- Remote e-Voting Period: September 22-24, 2026
- Results for quarters ending June 2026, September 2026, December 2026, and March 2027 to be announced in August 2026, November 2026, February 2027, and May 2027 respectively
#Tags: #AshianaAgro #AnnualResults #AGM2026 #SEBIDisclosure #RegulatoryCompliance #FinancialUpdate #Neutral