Detailed Summary

Financial Performance Highlights

  • Operating Income: ₹3.64 lakh (FY25: ₹31.34 lakh) - 88.4% decrease
  • Total Expenses: ₹19.14 lakh (FY25: ₹48.02 lakh) - 60.1% decrease
  • Net Loss Before Tax: ₹15.50 lakh (FY25: ₹16.68 lakh)
  • Total Comprehensive Loss: ₹13.18 lakh (FY25: ₹14.68 lakh)
  • Other Comprehensive Income: ₹2.32 lakh (FY25: ₹2.00 lakh)
  • Earnings Per Share (Basic & Diluted): -₹0.39 (FY25: -₹0.43)

Capital Structure

  • Authorized Capital: ₹375 lakh (37.5 lakh equity shares of ₹10 each)
  • Issued, Subscribed and Paid-up Capital: ₹340.19 lakh (34,01,900 equity shares of ₹10 each) - unchanged from previous year
  • No changes in share capital through equity issuances, ESOPs, sweat equity, or differential voting rights during the year

Balance Sheet Position (as at 31st March, 2026)

  • Total Assets: ₹265.46 lakh (FY25: ₹275.70 lakh)
  • Non-Current Assets: ₹248.44 lakh (including investments of ₹43.07 lakh and loans of ₹203.00 lakh)
  • Current Assets: ₹17.03 lakh (including cash & cash equivalents of ₹12.39 lakh and trade receivables of ₹4.29 lakh)
  • Total Equity: ₹245.05 lakh (FY25: ₹258.23 lakh)
  • Non-Current Liabilities: ₹15.00 lakh (borrowings from PressWell Industries Ltd)
  • Current Liabilities: ₹5.41 lakh

AGM and Corporate Governance

  • 35th AGM Date: 30th September, 2026 at 3:30 PM through Video Conferencing/Other Audio-Visual Means
  • AGM Agenda:
  • Adoption of audited financial statements for FY 2025-26
  • Re-appointment of Mr. Tulsiram Sahu who retires by rotation
  • Appointment of M/s KCMG & Associates as Statutory Auditors (FRN: 009518C) at remuneration not exceeding ₹60,000 per annum
  • Re-appointment of Mr. Aditya Sharma as Independent Director for second term of 5 years (13th August 2026 to 12th August 2031)
  • Re-appointment of Mr. Hifzul Rahim as Managing Director for 3 years (1st October 2026 to 30th September 2029) with remuneration not exceeding ₹5,00,000 per annum, though he has voluntarily waived remuneration temporarily

Auditor Changes

  • M/s Batra Deepak and Associates (FRN: 005408C) resigned as Statutory Auditors effective 1st September 2026
  • Board appointed M/s KCMG & Associates on 2nd September 2026 to fill casual vacancy, subject to shareholder approval
  • Proposed auditor remuneration: Not exceeding ₹60,000 per annum plus applicable taxes and out-of-pocket expenses

Board and Management Changes

  • Mr. Ravi Kamra and Mrs. Satyawati Parashar completed their tenure as Independent Directors on 30th September 2025
  • Mr. Gaurav Soni and Ms. Anchal Agrawal appointed as Independent Directors effective 1st October 2025
  • Key Managerial Personnel: Mr. Hifzul Rahim (Managing Director), Mr. Tulsi Ram Sahu (CFO), Mrs. Garima Mogha (Company Secretary)

Other Material Information

  • Listing: Shares listed on BSE Limited (Scrip Code: 526983, ISIN: INE760M01016)
  • Registrar & Share Transfer Agent: Beetal Financial and Computer Services (P) Limited
  • Banker: State Bank of India
  • Internal Auditor: M/S Suraj Rajput & Co. (FRN 028362C)
  • Secretarial Auditor: M/S G Soni & Associates
  • No material changes affecting financial position occurred during the year or post-year-end
  • No frauds reported by auditors under Section 143(12) of Companies Act, 2013
  • No related party transactions requiring disclosure in Form AOC-2
  • No deposits accepted from public under Section 73 of Companies Act, 2013
  • No subsidiary, joint venture or associate companies
  • Corporate Social Responsibility: Not applicable as company not covered under Section 135(2)

Forward-looking Statements

Management acknowledges difficult market conditions but remains optimistic about performance improvement in current year, barring unforeseen circumstances. Board is pursuing strategic measures for future growth.