Aviva Industries FY26 Profit ₹187.53L on ₹8177.47L Revenue

Revenue from Operations: ₹8177.47 lakhs (Previous Year: ₹3.20 lakhs)
Other Income: ₹0.04 lakhs (Previous Year: ₹0.00)
Total Expenses: ₹7920.20 lakhs (Previous Year: ₹11.85 lakhs)
Profit Before Tax: ₹257.31 lakhs (Previous Year: Loss of ₹8.65 lakhs)
Tax Expense: ₹304.49 lakhs (Current Tax: ₹69.32 lakhs; Tax of Earlier Years: ₹0.45 lakhs)
Net Profit for the Year: ₹187.53 lakhs (Previous Year: Loss of ₹8.65 lakhs)
Earnings Per Share (Basic & Diluted): ₹0.77 (Previous Year: -₹0.58)
Authorized Capital: ₹51,00,00,000 (5,10,00,000 equity shares of ₹10 each)
Issued, Subscribed and Paid-up Capital: ₹32,49,90,000 (3,24,99,000 equity shares of ₹10 each) as of report date
Preferential Allotment: Allotted 3,10,00,000 fully convertible equity warrants during the year with aggregate issue size of ₹86,80,00,000 (₹18 per warrant)
Subsequent Event: Warrants converted to equity shares; paid-up capital stands at ₹32,49,90,000 comprising 3,24,99,000 shares

AGM Date: September 28, 2026 at 12:00 P.M.
Record Date for AGM: September 21, 2026
Remote E-voting Period: September 25, 2026 (9:00 A.M.) to September 27, 2026 (5:00 P.M.)
Board Meetings Held: 20 meetings during the year
Financial Year: April 1, 2025 to March 31, 2026

Listed Entity: Aviva Industries Limited (CIN: L46692MH1984PLC034190)
Stock Exchange: BSE Limited (Scrip Code: 512109)
Registrar & Transfer Agent: MUFG Intime India Private Limited
Statutory Auditor: S K Bhavsar & Co., Chartered Accountants
Secretarial Auditor: SCS & Co. LLP, Practising Company Secretaries
Proposed New Secretarial Auditor: Shekhawat & Associates (subject to shareholder approval)
Board of Directors:
Bharvin Patel Sureshbhai (Chairman & Managing Director, DIN:01962391)
Nikhil Patel (Non-Executive Non-Independent Director)
Sanjaykumar Ashokbhai Patel (Executive Director & CFO, DIN:11252680)
Vishalkumar Patel (Non-Executive Independent Director)
Reeya Dilip Kothari (Non-Executive Independent Director)
Deepa Garg (Non-Executive Independent Director, DIN:10740685, appointed May 29, 2026)
Key Managerial Personnel:
Parakh Patel (Company Secretary & Compliance Officer)
Sanjaykumar Ashokbhai Patel (CFO)

1. Item 1: Adoption of audited financial statements for FY 2025-26

2. Item 2: Re-appointment of Mr. Sanjaykumar Ashokbhai Patel (DIN:11252680) who retires by rotation

3. Item 3: Appointment of M/s Shekhawat & Associates as Secretarial Auditor for FY 2026-27 to FY 2030-31

4. Item 4: Regularization of Ms. Deepa Garg (DIN:10740685) as Non-Executive Independent Director for 5 years

5. Item 5: Shifting of registered office from Maharashtra to Gujarat and consequent alteration in Memorandum of Association

Business Change: Company changed its nature of business to include agricultural business as principal activity while retaining existing ceramics manufacturing object
Capital Structure Impact: Preferential issue of warrants and subsequent conversion significantly increased paid-up capital from ₹14,99,000 to ₹32,49,90,000
Reserves: Entire profit of ₹187.53 lakhs transferred to reserves
Dividend: No dividend recommended for FY 2025-26 to conserve resources
Operational Scale: Significant expansion in trading operations reflected in revenue growth from ₹3.20 lakhs to ₹8177.47 lakhs

Board Composition: 6 directors (1 Executive, 3 Independent, 2 Non-Independent Non-Executive)
Committees: Audit Committee, Stakeholders Relationship Committee, Nomination and Remuneration Committee
Meetings: 20 Board meetings, 7 Audit Committee meetings, 4 NRC meetings, 1 SRC meeting held
Director Attendance: Varying attendance records among directors
Whistleblower Policy: In place and operational
Related Party Transactions: All on arm's length basis; no materially significant transactions

Statutory Auditor: S K Bhavsar & Co. issued unqualified opinion with emphasis of matters regarding non-receipt of balance confirmations, non-appointment of internal auditor, and lack of supporting documentation for certain balances
Secretarial Auditor: SCS & Co. LLP issued report with qualifications regarding delayed submissions to stock exchange, non-appointment of qualified company secretary, and other compliance lapses
Internal Financial Controls: Auditor reported material weakness in documentation of specific policies and procedures and IT controls

Registered Office Address: Ground Floor, Shop No. 4, Casa Blanca, Plot No. 45, Sector No. 11, CBD Belapur, Navi Mumbai, Maharashtra - 400614
Share Transfer System: Fully dematerialized with NSDL and CDSL (ISIN: INE461H01011)
Compliance: Company stated it is not a Large Corporate entity under SEBI NCS Regulations