Key Financial Figures (FY 2025-26)

  • Revenue from Operations: ₹5,787.87 Lakhs (Previous Year: ₹2,260.09 Lakhs)
  • Other Income: ₹21.34 Lakhs (Previous Year: ₹117.33 Lakhs)
  • Total Income: ₹5,809.21 Lakhs (Previous Year: ₹2,377.42 Lakhs)
  • Total Expenses: ₹5,480.70 Lakhs (Previous Year: ₹2,145.57 Lakhs)
  • Profit Before Tax: ₹328.51 Lakhs (Previous Year: ₹231.85 Lakhs)
  • Total Tax Expense: ₹58.04 Lakhs (Previous Year: ₹8.73 Lakhs)
  • Net Profit After Tax: ₹270.47 Lakhs (Previous Year: ₹223.13 Lakhs)
  • Earnings Per Share (Basic & Diluted): ₹0.17 (Previous Year: ₹0.14)

Share Capital Details

  • Authorised Share Capital: Increased from ₹16.50 Crores to ₹66.00 Crores (660,000,000 equity shares of ₹1.00 each), approved in EGM on 22nd April 2025.
  • Paid-up Share Capital as on 31/03/2026: ₹16.015 Crores (160,150,000 equity shares of ₹1.00 each).
  • Post-Year-End Development: The Board, on 5th August 2026, allotted 48,045,000 equity shares at par (₹1.00 per share) on a rights basis, increasing paid-up capital to ₹64.06 Crores.

Dividend

No dividend recommended for FY 2025-26 to conserve resources for future prospects (Previous Year: Nil).

Material Changes and Commitments

1. Change of Name: Company name changed from "Consecutive Investments & Trading Company Limited" to "Consecutive Commodities Limited" effective 16th December 2025.

2. Registered Office Shifting: Approved to shift from Kolkata, West Bengal to Ahmedabad, Gujarat; central government approval pending.

3. Corporate Office Change: Books of accounts moved to B1-305, Westgate Business Bay, SG Highway, Ahmedabad – 380 015.

4. Registered Office Address Change: Changed within Kolkata to 16/1A, 6th Floor, FL–6G, Balaji Tower, Abdul Hamid Street, Kolkata – 700 069.

Board and Committee Meetings

  • The Board of Directors met 9 times during the year.
  • Audit Committee met 5 times.
  • Nomination and Remuneration Committee met 2 times.
  • Stakeholders Relationship Committee met 1 time.
  • Risk Management Committee met 2 times.

Directors and Key Managerial Personnel

  • Mr. Jitendrakumar Leuva: Managing Director (DIN:10865406), retires by rotation and seeks re-appointment.
  • Mr. Vimal Koli: Executive Director & CFO (DIN:10364390)
  • Ms. Preeti: Non-Executive and Independent Director (DIN:09662113)
  • Ms. Deepa Garg: Non-Executive and Independent Director (DIN:10740685)
  • Ms. Reema Magotra: Non-Executive and Independent Director (DIN:09804839), appointed on 25/03/2026.
  • Ms. Shaifali Nehriya: Company Secretary and Compliance Officer (resigned w.e.f. 18/08/2026)

Auditor Details and Reports

  • Statutory Auditor: M/s. S K Bhavsar & Co., Chartered Accountants, Ahmedabad (FRN: 0145880W). Their term concludes at the upcoming AGM.
  • New Statutory Auditor Proposal: M/s. Kapil Kumar Aggarwal & Associates, Chartered Accountants (FRN: 008174C) is proposed for appointment for a 5-year term from FY 2026-27 to 2030-31.
  • Secretarial Auditor: M/s. Dhruvi Patel & Associates, Company Secretaries, Ahmedabad (FRN: S2025GJ1018200).
  • Auditor's Report Key Qualifications:
  • Identified a material weakness in internal financial controls over financial reporting, specifically inadequate documentation of policies/procedures and IT controls.
  • The company did not appoint an Internal Auditor for the entire financial year, a mandatory requirement for a listed entity.
  • Lack of confirmations and supporting reconciliations for certain Trade Receivable and Trade Payable balances.
  • Non-disclosure of MSME creditor bifurcation.

Secretarial Audit Report Key Observations

1. Scrutinizer's Report for the EGM held on 22nd April 2025 was not submitted to the stock exchange within the stipulated time (Regulation 44(3) of SEBI LODR). A fine was paid.

2. Non-compliance with Regulation 47 of SEBI LODR regarding timely publication and intimation of newspaper advertisements for financial results (Q3 & 9M FY26).

3. Form MGT-14 for the resolution appointing an Internal Auditor was not filed with the ROC.

AGM Details

  • Date & Time: Monday, 21st September 2026 at 02:00 P.M. IST
  • Mode: Video Conferencing (VC) / Other Audio Video Means (OAVM)
  • Cut-off Date for determining eligible shareholders: Monday, 14th September 2026
  • Business to be transacted:
  • Adoption of Audited Standalone Financial Statements for FY 2025-26.
  • Re-appointment of Mr. Jitendrakumar Leuva as Director retiring by rotation.
  • Appointment of M/s. Kapil Kumar Aggarwal & Associates as Statutory Auditors.
  • E-voting: Remote e-voting via NSDL from 18th September 2026 (9:00 A.M.) to 20th September 2026 (5:00 P.M.).

Other Key Disclosures

  • Share Transfer Agent: Maheshwari Datamatics Private Limited, Kolkata.
  • Dematerialization: 99.79% of the paid-up capital (15,98,14,050 shares) was held in dematerialized form as of 31/03/2026.
  • Promoter Holding: M/s. Birford Enterprises Pvt. Ltd. held 24.16% (3,87,00,000 shares).
  • Internal Financial Controls: The Board acknowledges the auditor's observation and states steps are being taken to strengthen the internal control framework.
  • Related Party Transactions: All transactions were reported to be at arm's length and in the ordinary course of business.
  • Corporate Governance: A certificate of compliance with corporate governance norms is provided by the secretarial auditor.
  • CSR: Provisions of Section 135 of the Companies Act, 2013 are not applicable.