AGM Details

The 41st Annual General Meeting is scheduled to be held on Tuesday, 29th September 2026 at 11:00 a.m. IST through video conferencing and other audio-visual means. The meeting will consider:

Ordinary Business:

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

2. Re-appointment of Mr. Manmohan Rao Suddhala (DIN: 00109433) who retires by rotation

Special Business:

3. Reappointment of Mrs. Vuddaraju Triveni (DIN: 08267772) as Non-Executive Independent Director for second term of 5 years (03-Sep-2026 to 02-Sep-2031)

4. Appointment of M/s. MVK & Associates as Secretarial Auditors for 5 years (FY2026-27 to FY2030-31)

5. Appointment of Mr. Kondaipally Vamshi Krishna (DIN: 11904619) as Independent Director for 5 years (02-Sep-2026 to 01-Sep-2031)

6. Appointment of Mr. Nageswara Rao Parimi (DIN: 06430870) as Independent Director for 5 years (02-Sep-2026 to 01-Sep-2031)

7. Reappointment of Mr. Manmohan Rao Suddhala (DIN: 00109433) as Managing Director for 1 year without remuneration (01-Oct-2026 to 30-Sep-2027)

Financial Performance Highlights

FY2025-26 Results (in ₹ hundreds):

  • Total Revenue: 29,03,505.08 (Previous year: 1,00,809.57)
  • Total Expenses: 28,84,905.04 (Previous year: 1,91,620.74)
  • Profit from Operations: 18,600.03 (Previous year: loss of 90,811.17)
  • Tax Expense: 431.56 (Deferred tax)
  • Net Profit: 18,168.47 (Previous year: loss of 91,081.18)
  • EPS: ₹0.065 (Previous year: loss of ₹2.279)

Segment-wise Revenue:

  • Software Services: ₹106.70 lakhs (Previous year: ₹100.81 lakhs)
  • Agricultural Commodities Trading: ₹2,796.81 lakhs (New segment)

Capital Structure Changes

Authorized Share Capital: Increased from ₹5.00 crores to ₹32.00 crores through resolutions passed on 11-Apr-2025 and 13-Sep-2025.

Paid-up Share Capital: Increased from ₹3.99 crores to ₹27.97 crores through rights issue of 239.76 lakh equity shares of ₹10 each allotted on 25-Feb-2026.

Business Diversification

The Company diversified its operations during FY2025-26 by commencing trading, supply and distribution of agricultural commodities, which now constitutes 96.3% of total revenue.

Scheme of Amalgamation

The Board of Directors at its meeting held on 11-Apr-2026 approved the Scheme of Amalgamation of M/s. Radical Bio-Organics Limited (Transferor Company) with Capricorn Systems Global Solutions Limited (Transferee Company). The scheme provides for share exchange ratio of 1:1 (one equity share of Capricorn for every one equity share of Radical Bio-Organics). The scheme is pending necessary approvals from regulatory authorities, shareholders, creditors and NCLT.

Corporate Governance

The Company triggered corporate governance provisions under Regulation 15(2) of SEBI LODR Regulations from 25-Feb-2026 after the rights issue increased its paid-up capital above prescribed thresholds.

Director Changes

  • Mr. K.V. Srinivasa Rao (DIN: 02834578) and Mrs. Lakshmi Gurram (DIN: 07145515) resigned with effect from 02-Sep-2026
  • Mr. Kondaipally Vamshi Krishna and Mr. Nageswara Rao Parimi appointed as Additional Independent Directors on 02-Sep-2026

Key Managerial Personnel

1. Mr. Manmohan Rao Suddhala - Managing Director

2. Mr. Madhav Rao Dundigalla - Chief Financial Officer

3. Mrs. Maruthi Padmaja Prayaga - Company Secretary

Voting Arrangements

The Company provided remote e-voting facility through CDSL from 26-Sep-2026 (9:00 a.m.) to 28-Sep-2026 (5:00 p.m.). The Register of Members was closed from 23-Sep-2026 to 29-Sep-2026.

CIN

L52510TG1985PLC043347