Key Quantitative Figures
- Total Revenue: ₹123.52 lakhs (FY26) vs ₹66.14 lakhs (FY25)
- Other Income: ₹123.52 lakhs (FY26) vs ₹66.14 lakhs (FY25)
- Total Expenses: ₹24.50 lakhs (FY26) vs ₹25.39 lakhs (FY25)
- Profit Before Tax: ₹99.02 lakhs (FY26) vs ₹40.76 lakhs (FY25)
- Tax Expense: ₹56.53 lakhs (FY26) vs ₹(0.34) lakhs (FY25)
- Other Comprehensive Income: ₹(217.43) lakhs (FY26) vs ₹(0.36) lakhs (FY25)
- Profit/(Loss) After Tax: ₹(61.88) lakhs (FY26) vs ₹40.05 lakhs (FY25)
- Earnings Per Share: ₹1.11 (FY26) vs ₹0.64 (FY25)
- Authorized Share Capital: ₹20,00,00,000 (2 crore equity shares of ₹10 each)
- Paid-up Equity Share Capital: ₹14,35,30,000 (1,43,53,000 equity shares of ₹10 each)
- Investments: ₹2423.97 lakhs in non-current investments
- Loans: ₹78.10 lakhs in non-current loans
- Cash & Cash Equivalents: ₹56.85 lakhs
Dates of Action
- AGM Date: September 23, 2026 at 3:00 PM IST
- Record Date: September 18, 2026 (for voting rights)
- E-voting Period: September 20, 2026 (9:00 AM) to September 22, 2026 (5:00 PM)
- Book Closure: September 17, 2026 to September 23, 2026 (both days inclusive)
- Director Appointments:
- Chaitali Kalpataru Shah: July 16, 2025
- Omprakash Pyarelal Sonar: June 30, 2026
- Vivek Mukesh Yadav: June 30, 2026
- Mahesh Singh: August 25, 2026
- Anil Singh: August 25, 2026
- Director Resignations:
- Prakash Bhoorchand Shah: July 22, 2025
- Dinesh Chander Notiyal: July 9, 2026
- Avani Savjibhai Godhaniya: July 9, 2026
Parties Involved
- Stock Exchange: BSE Limited
- Registrar & Share Transfer Agent: Big Share Services Pvt. Ltd.
- Statutory Auditors: Sarang Shivajirao Chavan & Associates (FRN: 159649W)
- Internal Auditor: Dikshant Singh Panwar
- Secretarial Auditor: Ramesh Chandra Bagdi & Co.
- Bankers: Union Bank of India
- Scrutinizer: Ramesh Chandra Bagdi & Associates
AGM Agenda Items
Ordinary Business
1. Adoption of audited financial statements for FY ended March 31, 2026
2. Re-appointment of Ms. Chaitali Kalpataru Shah (DIN: 11167778) as director retiring by rotation
Special Business
3. Change in designation of Ms. Chaitali Kalpataru Shah from Executive Director to Managing Director effective August 25, 2026
4. Re-appointment of Mr. Omprakash Pyarelal Sonar (DIN: 11031877) as Non-Executive Independent Director
5. Re-appointment of Mr. Vivek Mukesh Yadav (DIN: 11033957) as Non-Executive Independent Director
6. Appointment of M/s Sarang Shivajirao Chavan & Associates as Statutory Auditors
7. Increase in authorized share capital from ₹20 crore to ₹70 crore and alteration of MOA
8. Re-appointment of Mr. Mahesh Singh (DIN: 11814569) as Non-Executive Independent Director
9. Re-appointment of Mr. Anil Singh (DIN: 09338444) as Non-Executive Non-Independent Director
Financial and Operational Impact
- No dividend declared for FY 2025-26
- No transfer to reserves for FY 2025-26
- Zero operational income from core business activities in FY26 (consistent with previous year)
- Investment made in CNX Corporation Limited through share swap
- Increased authorized capital proposal to facilitate future fundraising and broad base capital structure
- Board composition changes with multiple director appointments and resignations
Capital Structure Impact
- Proposed increase in authorized share capital from ₹20 crore (2 crore shares) to ₹70 crore (7 crore shares)
- No change in paid-up capital during FY26 (remained at 1,43,53,000 equity shares)
- No issuance of shares, convertible securities, or stock options during FY26
Corporate Governance Highlights
- Seven board meetings held during FY26
- Four audit committee meetings held
- Three nomination and remuneration committee meetings held
- Four stakeholders relationship committee meetings held
- No investor complaints pending as of March 31, 2026
- Vigil mechanism/whistle blower policy in place
- No instances of fraud reported during FY26
Additional Information
- Company incorporated in 1987 (CIN: L24200MH1987PLC043427)
- Employee strength: 2 employees as of March 31, 2026