AGM Details

  • AGM Date: Friday, September 25, 2026
  • Time: 12:00 PM IST
  • Mode: Video Conferencing (VC)/Other Audio Visual Means (OAVM)
  • Deemed Venue: Registered Office at 503, Rohit House, 3 Tolstoy Marg, New Delhi-110001

Business to be Transacted

Ordinary Business:

1. To adopt Audited Financial Statements for FY ended March 31, 2026, with Directors' and Statutory Auditors' reports.

2. To declare a dividend of ₹0.40 per equity share (face value ₹10) for FY 2025-26.

3. To reappoint Mr. Vijay Bhushan (DIN: 00002421) as Director, who retires by rotation.

Financial Performance Highlights (FY 2025-26)

  • Total Income from Operations: ₹72.80 lakhs (Previous Year: ₹29.34 lakhs)
  • Net Profit Before Tax: ₹18.95 lakhs (PY: Loss of ₹13.71 lakhs)
  • Net Profit After Tax: ₹8.71 lakhs (PY: Loss of ₹12.96 lakhs)
  • Total Comprehensive Income: Loss of ₹21.89 lakhs (PY: Loss of ₹19.85 lakhs)
  • Earnings Per Share (Basic): ₹0.13 (PY: -₹0.38)
  • Earnings Per Share (Diluted): ₹0.14 (PY: -₹0.38)
  • Equity Share Capital: ₹676.08 lakhs (PY: ₹338.04 lakhs)
  • Total Assets: ₹2,753 lakhs

Dividend Information

  • Dividend Recommended: ₹0.40 per equity share (4%)
  • Total Appropriation Required: ₹27,04,320
  • Record Date: Friday, September 18, 2026
  • Payment Date: Within 30 days from AGM date (on or before October 25, 2026)
  • Register Closure: September 19, 2026 to September 25, 2026 (both days inclusive)

Capital Structure Changes

  • Rights Issue: Issued 33,80,400 equity shares at ₹10 per share
  • Amount Raised: ₹338.04 lakhs
  • Pre-Issue Capital: ₹338.04 lakhs (33,80,400 shares)
  • Post-Issue Capital: ₹676.08 lakhs (67,60,800 shares)
  • No dilution mentioned as it was a rights issue to existing shareholders

Corporate Actions

Change in Key Managerial Personnel:

  • Mr. Baldev Garg ceased as Company Secretary & Compliance Officer effective July 25, 2025
  • Mr. Abhay Panchal (Membership No. A76192) appointed as Company Secretary & Compliance Officer effective August 2, 2025

Board Composition:

  • Total Directors: 8
  • Non-Executive Directors: 5
  • Independent Directors: 3
  • Women Directors: 2

Regulatory Matters

SEBI NSEL Matter:

  • SEBI order dated May 12, 2023 cancelled company's registration certificate
  • Matter pending before Securities Appellate Tribunal (SAT)
  • Company applied for settlement under NSEL Settlement Scheme, 2025 on July 9, 2025
  • Settlement Amount Paid: ₹6,00,000 + application fee of ₹29,500
  • Settlement application under consideration by SEBI; no order issued as of report date

Compliance Status:

  • Company exempt from corporate governance provisions under Regulation 15(2) of SEBI LODR Regulations
  • Annual listing fees for FY 2025-26 paid to BSE Limited
  • No material orders passed by regulators/courts except NSEL matter

Shareholding Pattern

  • Promoter Holding: 64.06% (4,331,263 shares)
  • Public Holding: 35.94%
  • Major Promoters: Vijay Bhushan (27.96%), Nisha Ahuja (24.15%)

Important Dates

  • Record Date for AGM: September 18, 2026
  • Remote E-voting Period: September 22, 2026 (9:00 AM) to September 24, 2026 (5:00 PM)
  • Register Closure: September 19-25, 2026
  • Dividend Payment: Within 30 days of AGM

Unclaimed Dividend Status

  • Transferred ₹3,10,279.20 for FY 2017-18 to Investor Education and Protection Fund (IEPF)
  • Transferred 21,720 equity shares of 92 shareholders to IEPF demat account
  • Upcoming transfers to IEPF scheduled for dividends from FY 2018-19 to FY 2024-25

Key Financial Ratios

  • Capital to Risk-weighted Assets Ratio (CRAR): 104.29% (PY: 103.36%)
  • Tier I CRAR: 104.29% (PY: 103.36%)
  • Tier II CRAR: 0.00% (PY: 0.00%)

Other Disclosures

  • Company participated in 'Saksham Niveshak' campaign for KYC updation
  • No deposits accepted from public during FY 2025-26
  • No material changes affecting financial position between year-end and report date
  • All transactions with related parties at arm's length basis