Nature of Event
Annual General Meeting notice and comprehensive financial reporting for FY 2025-2026
Key Quantitative Figures
- Standalone Financials (FY26): Revenue from Operations: ₹9,718.75 lakhs (Previous: ₹7,967.38 lakhs); Net Profit: ₹282.07 lakhs (Previous: ₹246.24 lakhs)
- Consolidated Financials (FY26): Revenue: ₹11,070.97 lakhs (Previous: ₹8,747.20 lakhs); Net Profit: ₹535.18 lakhs (Previous: ₹342.81 lakhs)
- Dividend: Recommended dividend of ₹0.70 per share (7%) on equity shares of ₹10 each for FY26 (Previous: ₹0.50 per share)
- Share Capital: Paid-up capital increased to ₹592.17 lakhs through preferential issue of 12,41,666 equity shares at ₹120 per share
- Preferential Issue: Allotted 12,41,666 equity shares and 16,50,000 convertible warrants at ₹120 each
- Subsidiaries: 6 subsidiaries including Cargotrans Maritime Agencies Pvt Ltd, Cargotrans Lines PTE Ltd, and newly incorporated Cargotrans Liquid & Bulk Agencies Pvt Ltd
Dates of Action
- AGM Date: September 28, 2026 at 4:00 PM via video conference
- Record Date: September 21, 2026 for dividend eligibility
- Book Closure: September 22-27, 2026
- E-voting Period: September 25-27, 2026
- Dividend Payment: To be paid within 30 days of AGM approval
Parties Involved
- Stock Exchange: BSE Limited (SME Platform)
- Registrar: Bigshare Services Private Limited
- Auditors: S.N. Shah & Associates (Statutory), V.N. Vasani & Associates (Secretarial)
- Scrutinizer: Vivek Vasani for e-voting
- Key Personnel: Edwin Alexander (Chairman), Manju Edwin (Whole-time Director), Mathew Jacob (Managing Director), B Chandershekhar Rao (CEO), Nasrullah Samiullah Ansari (CFO), Bhoomi Rashmin Naygandhi (Company Secretary)
Financial and Operational Impact
- Dividend Impact: Total dividend payout not quantified in disclosure
- Capital Structure: Preferential issue increased authorized share capital from ₹500 lakhs to ₹800 lakhs
- Subsidiary Investments: Invested ₹2,106.73 lakhs in Cargotrans Lines PTE Ltd
- Related Party Transactions: Approved transactions with subsidiaries totaling up to ₹26,23,00,000 for transportation/CFS/godown expenses over three years
- Tax Contingencies: Income tax disputes pending for AY 2022-23 to 2025-26 totaling ₹162.19 lakhs
Capital Structure Impact
- Pre-event share capital: ₹468.00 lakhs (46,80,000 shares)
- Post-event share capital: ₹592.17 lakhs (59,21,666 shares)
- Dilution: 26.53% increase in share capital
Cash Flow Implications
- Dividend payment will result in cash outflow subject to TDS
- Preferential issue generated cash inflow of ₹1,757.02 lakhs from share premium
Forward-looking Guidance
- Management hopeful for better performance in coming years
- Focus on expanding sea logistics services including ocean freight forwarding, transportation, customs clearance, and warehousing
- Strategic expansion through Singapore subsidiary Cargotrans Lines PTE Ltd