Key Financial Figures (Standalone, ₹ in lacs)
Revenue from Operations: 2548.68 (Previous: 3156.32) - 19.25% decrease
Net Profit Before Tax: 226.27 (Previous: 405.28) - 44.17% decrease
Net Profit After Tax: 177.46 (Previous: 308.81) - 42.53% decrease
Retained Earnings B/F: 2513.41
Retained Earnings C/F: 2692.08
Dividend Paid: 0 (Previous: 149.32)
Taxes of Earlier Years: -1.21 (Previous: 0.26)
Dividend Declaration
No dividend recommended for FY 2025-2026 due to lower profit. Unclaimed dividend amount as of March 31, 2026: ₹10,69,900.25
AGM Details
Date: Thursday, July 30, 2026 at 3:00 PM IST
Venue: Kanhaiya Lal Gupta Smriti Bhawan, D-58/50-A-2-1-A, Shivpurawa, Rathyatra, Varanasi 221010
Mode: Physical meeting
Business:
1. Adoption of audited standalone financial statements for FY ended March 31, 2026
2. Re-appointment of Shri Ashok Kumar Gupta (DIN: 00016661) as director retiring by rotation
Share Capital Changes
Forfeiture of Shares: 38,700 partly paid equity shares forfeited due to non-payment of calls amounting to ₹1,93,500 (face value) and ₹10,25,275 (premium).
Post-forfeiture Capital: 65,97,522 fully paid equity shares of ₹10 each totaling ₹6,59,75,220
Legal Proceedings
NCLT Matter: Execution Petition No. 424/2018 filed by ex-director Raj Kumar Gupta regarding property at Expo Mart, Greater Noida. Last heard on May 7, 2026, adjourned to June 11, 2026. Management expects no material adverse impact.
High Court Appeal: Writ Petition No. 29573 of 2025 filed before Allahabad High Court against Regional Director's order dated June 30, 2025 imposing penalty of ₹6 lakh (₹5 lakh on company, ₹1 lakh on KMP) for delay in filing BEN-2 under Section 90 of Companies Act 2013. Interim stay granted on August 28, 2025.
Property Transactions
Gurgaon Property: Full payment of ₹13.65 crore made to M/s Olive Realcon Private Limited for premises in Trump Towers, Sector 65, Gurgaon. Possession offered but sale deed execution pending. Shown as advance for property.
Varanasi Property: Purchased 1,680 sq. mtr. property for ₹7.35 crore from Varanasi Development Authority in auction. Registration and possession completed.
Board and Management
Directors:
- Ashok Kumar Gupta (Chairman & MD, DIN: 00016661)
- Siddharth Gupta (CEO & MD, DIN: 00342369)
- Sushil Kumar Kandoi (Independent, DIN: 08664771)
- Anil Kumar Gupta (Independent, DIN: 00895938)
- Manan Kumar Sah (Independent, DIN: 00702864)
- Jayanti Mathur (Non-Executive, DIN: 11111303)
Key Managerial Personnel:
- Siddharth Gupta (CEO & MD)
- R.K. Singh (Company Secretary)
- Vinay Kumar Piyush (CFO)
Board Meetings: 4 meetings held during FY 2025-26 on May 29, 2025; July 31, 2025; October 30, 2025; and January 29, 2026
Foreign Exchange Details
Earnings: ₹2131.67 lakh from exports of glass beads, handicrafts
Outflow: ₹345.13 lakh for imports, foreign travel, and sales promotion
Borrowings and Facilities
Working Capital:
- Kotak Mahindra Bank: ₹1300 lakh sanctioned (₹1356.66 outstanding including forex fluctuation)
- Overdraft: ₹200 lakh sanctioned (₹175.78 outstanding)
- Utkarsh Bank OD against FD: ₹69 lakh sanctioned (₹25.09 outstanding)
Term Loan: HDFC Bank ₹756 lakh sanctioned (₹528.90 disbursed, ₹495.38 outstanding)
Corporate Governance
Compliance certificate obtained from auditors. All policies including whistle blower policy, CSR policy, dividend distribution policy in place and available on website.
Shareholding Pattern
Promoter Holding: 58.48% (38,58,375 shares)
Public Holding: 41.52%
Dematerialized Shares: 98.08% of total equity capital
Suspense Account: 550 shares held in 3 shareholder accounts
Employee Details
Total Permanent Employees: 250
Women Employees: 101
Median Remuneration: ₹1,54,940 (Previous: ₹1,52,054)
Other Material Information
- Solar power plant of 150 KVA generated 1,30,743.30 KWH power, saving approximately ₹9.35 lakh
- Successfully completed various social audits including Sedex Smeta 4 Pillar, Qima Audit, C-PAT audit
- No sexual harassment complaints during the year
- CSR provisions not applicable as net worth, turnover, and profit below threshold limits