AGM Details

The 22nd Annual General Meeting is scheduled to be held on Friday, 18th September 2026 at 10:00 A.M. at the company's registered office: 215, Delhi Chambers, Delhi Gate, Delhi - 110002.

The Register of Members and Share Transfer Books will remain closed from 11th September 2026 to 18th September 2026 (both days inclusive) for the purpose of the AGM.

Financial Performance (FY 2025-26)

  • Total Revenue: Nil (compared to ₹751,740 in FY 2024-25)
  • Total Expenses: ₹898,484 (significantly reduced from ₹1,847,904 in FY 2024-25)
  • Profit/(Loss) before Tax: (₹898,484) [improved from (₹1,096,164) in FY 2024-25]
  • Tax Expense: ₹1,708 (including deferred tax)
  • Profit after Tax: (₹900,192) [improved from (₹1,096,322) in FY 2024-25]
  • EPS (Basic): (₹0.05) [improved from (₹0.06) in FY 2024-25]

Capital Structure

  • Authorized Share Capital: ₹24,00,00,000 (24,000,000 equity shares of ₹10 each)
  • Issued, Subscribed and Paid-up Capital: ₹17,12,63,600 (17,126,360 equity shares of ₹10 each fully paid-up)
  • No change in share capital during the year

Dividend

No dividend recommended due to loss incurred during the financial year.

Key Financial Position (as at 31st March 2026)

  • Total Equity: ₹19,34,72,433
  • Reserves and Surplus: ₹2,22,08,833
  • Long-term Borrowings: ₹10,59,04,128 (unsecured loans from various entities)
  • Current Liabilities: ₹82,78,410
  • Total Assets: ₹30,76,54,971
  • Non-current Investments: ₹5,67,71,122
  • Long-term Loans and Advances: ₹22,11,06,102
  • Trade Receivables: ₹1,05,64,574
  • Cash and Cash Equivalents: ₹4,44,783

Key Management Personnel

  • Managing Director: Mr. Mukesh Kumar (DIN: 06573251)
  • Company Secretary: Ms. Radhika Jhunjhunwala (M. No.: A38550)
  • CFO: Mr. Ashok Kumar Sharma

Board of Directors

  • Mr. Mukesh Kumar (Managing Director)
  • Mr. Abhishek Tandon (Director - retiring by rotation, proposed for re-appointment)
  • Mr. Yugank Gadi (Independent Director)
  • Mr. Gyan Singh (Independent Director)
  • Mrs. Sushila Aggarwal (Independent Director)

Mrs. Kavita Awasthi (DIN: 03106803) resigned as director effective 03.04.2025.

Auditor Reports

Statutory Auditor's Report: Unmodified opinion. Financial statements give true and fair view.

Secretarial Audit Report: Contains two observations:

1. SEBI Recovery and Refund Department issued Notice of Demand against promoter Mr. Sanjay Kumar pursuant to Order dated 27th February 2020 imposing penalty of ₹2,00,000. Notice of Attachment of Bank accounts and Demat accounts also sent. Matter still pending.

2. Annual Listing Fee for financial year 2025-26 has not been paid. Management stated company is arranging funds to complete payment.

Pending Litigations

Income tax demands totaling ₹3,424.53 lakhs are outstanding across assessment years 2010-11 to 2016-17. CIT (Appeal) vide order dated 16.12.2024 restored all assessment orders to assessing office for fresh examination.

Corporate Governance

As the company is listed on BSE SME Exchange (IGP platform), most corporate governance provisions under SEBI LODR Regulations do not apply except Regulation 23, with which the company is compliant.

Employee Information

  • Total employees on rolls: 3 as of 31st March 2026
  • Total employee benefits expense: ₹6,96,000
  • No employee drawing remuneration ≥ ₹1.02 crore or ≥ ₹8.5 lakh per month

Key Financial Ratios

| Ratio | FY 2025-26 | FY 2024-25 |

| Current Ratio | 1.72 | 1.78 |

| Debt-Equity Ratio | 0.55 | 0.54 |

| Return on Equity | -0.005 | -0.006 |

| Inventory Turnover Ratio | -2.00 | 0.06 |

| Net Profit Ratio | 0.00 | -145.84 |