Key Financial Figures (FY 2025-2026)

  • Income from Operations: ₹48.28 lakhs (PY: ₹35.40 lakhs)
  • Non-operating Income: ₹52.85 lakhs (PY: ₹34.18 lakhs)
  • Total Income: ₹101.13 lakhs (PY: ₹69.57 lakhs)
  • Total Expenditure: ₹88.80 lakhs (PY: ₹73.38 lakhs)
  • Profit/Loss before Depreciation, Interest and Taxation: ₹12.32 lakhs (PY: Loss of ₹3.80 lakhs)
  • Interest & Finance Charges: ₹21.43 lakhs (PY: ₹0.62 lakhs)
  • Depreciation: ₹0.99 lakhs (PY: ₹1.45 lakhs)
  • Profit/Loss before Tax: Loss of ₹10.10 lakhs (PY: Loss of ₹5.88 lakhs)
  • Prior Period Tax: ₹3.00 lakhs (same as PY)
  • Provision for Deferred Taxes: Credit of ₹0.17 lakhs (PY: Credit of ₹1.88 lakhs)
  • Profit/Loss after Tax: Loss of ₹12.92 lakhs (PY: Loss of ₹6.99 lakhs)
  • Other Comprehensive Income: Loss of ₹13.75 lakhs (PY: Loss of ₹175.59 lakhs)
  • Total Comprehensive Loss: ₹26.67 lakhs (PY: Loss of ₹182.59 lakhs)

Significant Events & Updates

Demise of Founder Director

  • Mr. Tatia Jain Pannalal Sampathlal (DIN: 01208913), Founder Director, passed away on April 29, 2026
  • He was instrumental in establishing the company and was serving as Non-Executive, Non-Independent Director
  • The Board paid tribute to his visionary leadership and contributions

Board Composition Changes

  • Resignation: Mr. Raghuvender resigned as Company Secretary & Compliance Officer effective December 5, 2025
  • Appointment: Mrs. Roshni Sharma appointed as Company Secretary & Compliance Officer effective December 10, 2025
  • Casual Vacancy: Mr. Bharat Jain Tatia (DIN: 00800056) appointed as Additional Director (Non-Executive, Non-Independent) effective May 27, 2026, filling vacancy caused by demise of Founder Director

AGM Business Items

The 35th AGM is scheduled for August 25, 2026 at 11:00 AM through video conferencing with following agenda:

Ordinary Business:

1. Adoption of audited financial statements for FY ended March 31, 2026

2. Re-appointment of Mrs. Sangita Tatia (DIN: 06932448) who retires by rotation

Special Business:

3. Appointment of Mr. Bharat Jain Tatia as Non-Independent, Non-Executive Director

4. Appointment of Mr. Madhavan Ganesan (DIN: 09250313) as Independent Director for 5 years (April 1, 2027 to March 31, 2032)

5. Appointment of Mr. Sriram Karpakavenkatraman (DIN: 11856613) as Independent Director for 5 years (April 1, 2027 to March 31, 2032)

6. Approval of material related party transactions for 3 years (August 25, 2026 to August 24, 2029)

Material Related Party Transactions

Shareholder approval sought for following material related party transactions:

| Related Party | Nature | Interest Rate | Maximum Aggregate Value |

| Kreon Finnancial Services Limited | Lending/Borrowing | 12% | ₹50 crore lending/₹10 crore borrowing |

| Opti Products Private Limited | Lending/Borrowing | 12% | ₹50 crore lending/₹10 crore borrowing |

| Tatia Global Vennture Limited | Lending/Borrowing | 12% | ₹50 crore lending/₹10 crore borrowing |

| Mrs. Sangita Tatia (KMP) | Borrowing | 6% | ₹5 crore |

| Bharat Jain Tatia (Director) | Borrowing | 6% | ₹5 crore |

Financial Impact: The transactions are intended for efficient treasury management, liquidity management, and meeting financial requirements. Actual value may vary within approved limits.

Corporate Governance

  • Board Meetings: 6 meetings held during FY 2025-2026
  • Audit Committee: 5 meetings held with 100% attendance by all members
  • Compliance: Company affirms compliance with all applicable SEBI regulations and Companies Act provisions
  • Whistleblower Policy: No complaints received during the year
  • Sexual Harassment: No complaints received or pending under POSH Act

Share Capital & Listing

  • Paid-up Equity Capital: ₹12,00,00,000 consisting of 1,20,00,000 equity shares of ₹10 each
  • Listing: Bombay Stock Exchange Limited (Scrip Code: 526187)
  • Dematerialization: 48.62% of paid-up capital (58,34,460 shares) in dematerialized form
  • Registrar & Share Transfer Agent: Purva Sharegistry (India) Private Limited

Dividend & Reserves

  • No dividend declared for FY 2025-2026 due to losses
  • No amount transferred to reserves

Loans & Investments

  • Loans granted: ₹396.96 lakhs exclusively to related parties during the year
  • Investments: ₹329.63 lakhs in equity shares of associate companies
  • No guarantees provided during the year

Contingent Liabilities

  • Income Tax matters: ₹189.18 lakhs (AY 1994-95: ₹105.86 lakhs; AY 1995-96: ₹83.32 lakhs)
  • ₹45.76 lakhs deposited under dispute
  • Cases pending with Honorable High Court of Madras

Key Management Personnel

1. Mrs. Sangita Tatia - Chairman and Whole-Time Director

2. Mr. M. Thadhalingam - Chief Financial Officer

3. Mrs. Roshni Sharma - Company Secretary & Compliance Officer (from Dec 10, 2025)

Important Dates

  • Book Closure: August 19, 2026 to August 25, 2026 (both days inclusive)
  • E-voting period: August 22, 2026 (9:00 AM) to August 24, 2026 (5:00 PM)
  • Cut-off date for voting rights: August 18, 2026