Key Quantitative Figures
- Revenue from operations (FY 2025-26): ₹18,665.40 lakhs (₹186.65 crore)
- Profit before tax (FY 2025-26): ₹997.96 lakhs
- Profit after tax (FY 2025-26): ₹738.97 lakhs (₹7.39 crore)
- Earnings per share (FY 2025-26): ₹7.72 (Basic and Diluted)
- Paid-up share capital: ₹10,30,00,000 divided into 1,03,00,000 equity shares of ₹10 each
- Authorized share capital: ₹10,50,00,000
- CSR expenditure (FY 2025-26): ₹9.30 lakhs against requirement of ₹9.28 lakhs
AGM Details
- Date: Wednesday, 30th September, 2026
- Time: 03:00 P.M. (IST)
- Mode: Video Conferencing/Other Audio-Visual Means
- Record date: Wednesday, 23rd September, 2026
- Cut-off date for voting: Wednesday, 23rd September, 2026
Business to be Transacted
Ordinary Business
1. Adoption of financial statements: To receive, consider and adopt audited financial statements for FY ended 31st March, 2026
2. Re-appointment of director: Mrs. Amrin Lakhani Mohamedarif (DIN: 08038308) retires by rotation and offers herself for re-appointment
3. Appointment of statutory auditors: To appoint M/s. Alvi & Associates, Chartered Accountants (FRN: 161053W) as statutory auditors for 5 years from FY 2026-27 to 2030-31
Special Business
4. Appointment of independent director: Mr. Raghav Jobanputra (DIN: 10066298) as Non-Executive and Independent Director for term from 7th September, 2026 to 6th September, 2031
5. Re-appointment of MD: Mr. Mohamedarif Mohamedibrahim Lakhani (DIN: 01476177) as Managing Director cum Chairman for 3 years from 19th July, 2027 to 18th July, 2030 with remuneration up to ₹10,00,000 per month
Material Related Party Transactions (Ordinary Resolutions)
The company seeks approval for RPTs with the following parties for FY 2026-27:
6. Majethia Papers Private Limited: Aggregate value up to ₹35.00 crore (18.75% of turnover)
7. Aten Paper Mill Limited: Aggregate value up to ₹15.00 crore (8.04% of turnover)
8. Aten Retail MV Limited: Aggregate value up to ₹10.00 crore (5.36% of turnover)
9. Aten Packaging Private Limited: Aggregate value up to ₹10.00 crore (5.36% of turnover)
10. Fine Trading: Aggregate value up to ₹10.00 crore (5.36% of turnover)
11. Vadiawala Print and Pack: Aggregate value up to ₹10.00 crore (5.36% of turnover)
12. Mr. Mohamedarif Mohamedibrahim Lakhani: Aggregate value up to ₹1.00 crore (0.54% of turnover)
13. Mrs. Amrin Lakhani Mohamedarif: Aggregate value up to ₹50.00 lakhs (0.27% of turnover)
14. Mrs. Sunera Lakhani: Aggregate value up to ₹50.00 lakhs (0.27% of turnover)
Financial Performance Comparison
| Particulars | 2025-26 (₹ Lakhs) | 2024-25 (₹ Lakhs) |
| Revenue from operations | 18,665.40 | 13,869.22 |
| Total Income | 18,694.76 | 13,871.79 |
| Profit before tax | 997.96 | 940.70 |
| Profit after tax | 738.97 | 701.14 |
| EPS | 7.72 | 10.02 |
Capital Structure Changes
The Board allotted 33,00,000 equity shares at ₹96 per share (including premium of ₹86) on 18th June, 2025 through IPO, increasing paid-up capital from ₹7,00,00,000 to ₹10,30,00,000.
Board and Committee Composition
Directors:
- Mr. Mohamedarif Mohamedibrahim Lakhani (Managing Director)
- Mrs. Amrin Lakhani Mohamedarif (Non-Executive Director)
- Mr. Majid Khan Sherkhan Pathan (Independent Director)
- Mr. Raghav Jobanputra (Independent Director)
- Mr. Zuned Lakhani (Executive Director)
Key Managerial Personnel:
- Mr. Zuned Lakhani (Chief Financial Officer)
- Mr. Mahendrakumar Kumavat (Company Secretary and Compliance Officer)
Auditors:
- Statutory: M/s. Alvi & Associates, Chartered Accountants
- Secretarial: M/s. Gaurav Bachani & Associates, Company Secretaries
- Internal: M/s. Reehan Memon & Associates, Chartered Accountants
Corporate Actions
- No dividend recommended for FY 2025-26 to conserve resources
- No unpaid/unclaimed dividend required to be transferred to IEPF
- Share transfer books will remain closed from 23rd September to 30th September, 2026
Voting Arrangements
- Remote e-voting period: 27th September (9:00 AM) to 29th September, 2026 (5:00 PM)
- E-voting service provider: National Securities Depository Limited (NSDL)
- Scrutinizer: Mr. Gaurav V Bachani, Company Secretary
Material Developments
- The company entered into Share Purchase Agreement on 31st March, 2026 to acquire 2,74,000 equity shares (27.40%) of Aten Paper Mill Limited for approximately ₹11.78 crore
- CSR expenditure of ₹9.30 lakhs made during FY 2025-26 against requirement of ₹9.28 lakhs