Bombay Potteries FY26 Profit ₹6.36L, AGM Sept 2026

Property, Plant and Equipment: ₹8.34 lakhs (net of impairment)
Investments: ₹2.50 lakhs
Other Financial Assets: ₹1,032.01 lakhs (deposits with government authorities)
Cash and Cash Equivalents: ₹45.47 lakhs
Other Current Assets: ₹67.33 lakhs
Total Assets: ₹1,245.66 lakhs
Equity Share Capital: ₹1,300.00 lakhs (13,000 shares of ₹100 each)
Retained Earnings: ₹(2,200.50) lakhs
Total Equity: ₹(895.33) lakhs
Short Term Borrowings: ₹1,823.92 lakhs (unsecured loan from director)
Trade Payables: ₹86.96 lakhs
Other Current Liabilities: ₹40.11 lakhs
Other Financial Liabilities: ₹190.00 lakhs (10,000 preference shares of ₹190 each, redeemable since 2003)

Business Activity: Consulting and advisory services in construction and real estate sector
The company recommenced business operations in FY26 after period of inactivity
No manufacturing activity during the year
No foreign exchange earnings or outgo
No amounts transferred to Investor Education and Protection Fund

Date: Wednesday, September 30, 2026
Time: 11:30 AM
Venue: Corporate office at 301-A, Vedanta building, 3rd floor, 779, Makwana Road, Marol, Andheri (East), Mumbai 400 059 through video conferencing

1. Adoption of audited standalone financial statements for FY ended March 31, 2026

2. Re-appointment of Ms. Minal Wadhwa (DIN: 07220456) who retires by rotation

3. Appointment of M/s. J P K D & Co LLP, Chartered Accountants (Firm Registration No. W100950) as statutory auditors for 5 years

4. Approval for purchase/acquisition/rent of premises from Harshvardhan Construction (related party) for consideration not exceeding ₹3.25 crores

Related Party: Harshvardhan Construction (partnership firm)
Nature of Relationship: Common directors/partners (Manoj Wadhwa and Harshvardhan Wadhwa)
Transaction: Purchase/acquisition/rent of premises at Wadhwa 723 Avenue, Unit No. 504, Saug Baug, Marol, Andheri East, Mumbai 400059
Area: Approximately 968 sq. ft.
Maximum Consideration: ₹3.25 crores (including taxes, stamp duty, registration charges)
Estimated Value for Purchase: ₹3.05 crores
Annual Rent Consideration: ₹42.50 lakhs
Tenure: 5 years on rent (freehold/leasehold)
Expected Date: October 2026
Source of Funds: Internal accruals
Previous Transactions: ₹182.39 lakhs during current financial year

Mr. Deepak Mirchandani resigned as Independent Director effective August 13, 2025
Mr. Shantanu Bagwe and Ms. Crystal Dsouza appointed as Independent Directors for 5 years effective August 12, 2025
Ms. Minal Wadhwa retires by rotation and offers herself for re-appointment

M/s. Agarwal Iyer & Associates resigned as statutory auditors due to ill health effective May 13, 2026
M/s. J P K D & Co LLP appointed as statutory auditors to fill casual vacancy at board meeting held June 9, 2026
Proposed remuneration to be determined by board in consultation with auditors

Securities Appellate Tribunal (SAT) order dated April 7, 2025 set aside delisting order
Company status changed from "Delisted" to "Suspended" effective April 25, 2025
Trading suspension continues as of March 31, 2026
Company making efforts to complete pending compliances for revocation of suspension

10,000 preference shares of ₹190 each were redeemable on or before June 14, 2003 but not redeemed
Arrears of dividend on preference shares: ₹90,000 (up to June 15, 1993)
Total liability including potential interest: ₹51.96 lakhs up to March 31, 2026

Labour court matter regarding wages payable to workmen (approximately ₹2.50 lakhs)
Company deposited ₹10.32 lakhs with Bombay High Court as conditional stay
Matter decided in company's favor subsequent to year-end (July 14, 2026)
Amount refunded with interest (to be recognized in FY27)

FY25: Paid ₹88,665 in full settlement of fines levied by BSE for non-compliance with listing regulations

Authorized Share Capital: ₹259.00 lakhs (Equity: ₹190.00 lakhs, Preference: ₹19.00 lakhs, Unclassified: ₹50.00 lakhs)
Issued, Subscribed and Paid-up: ₹130.00 lakhs (13,000 equity shares of ₹100 each)
No change in share capital during the year
Major Shareholders: Anmol Properties Pvt Ltd (19.28%), Manoj Wadhwa (22.74%), Harsh Manoj Wadhwa (19.23%)

Board met 5 times during FY26: May 20, 2025; August 12, 2025; September 8, 2025; November 12, 2025; January 27, 2026
Audit Committee met 4 times during the year
Nomination and Remuneration Committee met once
Stakeholders Relationship Committee met once
Independent Directors meeting held on March 30, 2026

Company has negative net worth of ₹895.33 lakhs
No dividend declared for FY26 due to accumulated losses
No CSR expenditure as provisions not applicable
No material changes affecting financial position between year-end and report date
Vigil mechanism and whistle blower policy in place
No frauds reported by auditors or management
Internal financial controls considered adequate
Going concern basis adopted despite accumulated losses

Record Date for AGM: Tuesday, September 22, 2026
Remote e-voting period: September 25, 2026 (9:00 AM) to September 29, 2026 (5:00 PM)
E-voting through CDSL platform