Continental Controls Limited Submits FY26 Annual Report

Total Income: ₹23.02 lakh (FY25: ₹18.81 lakh)
Total Expenses: ₹34.75 lakh (FY25: ₹11.15 lakh)
Profit/(Loss) Before Tax: (₹11.73) lakh (FY25: ₹7.65 lakh profit)
Tax Expense: ₹0.97 lakh (FY25: ₹0.76 lakh)
Profit/(Loss) After Tax: (₹12.70) lakh (FY25: ₹6.89 lakh profit)
Total Comprehensive Income: (₹12.70) lakh (FY25: ₹6.89 lakh)
Earnings Per Share (Basic & Diluted): (₹0.14) (FY25: ₹0.11)
Equity Share Capital: ₹614.63 lakh (61,46,256 equity shares of ₹10 each)
Reserves & Surplus: (₹414.37) lakh (FY25: (₹401.68) lakh)
Cash & Cash Equivalents: ₹204.10 lakh (FY25: ₹0.08 lakh)

Authorized Share Capital increased from ₹9.15 crore to ₹59.15 crore pursuant to Special Resolution passed by Members through Postal Ballot on December 4, 2025
Paid-up Share Capital remains unchanged at ₹614.63 lakh
No dividend recommended for FY26 due to inadequate profits

Board approved Rights Issue of Equity Shares for amount not exceeding ₹50 crore
Rights Issue Committee constituted on July 15, 2026
Appointed Purva Sharegistry (India) Private Limited as Registrar to Issue
Appointed ICICI Bank Limited as Banker to Issue/Escrow Collection Bank/Refund Bank
Appointed Acuite Ratings & Research Limited as Monitoring Agency
Draft Letter of Offer filed with BSE Limited
In-principle approval from BSE and SEBI observation letter awaited

Director Appointments:

Dr. Ranu Jain (DIN: 11012104) appointed as Non-Executive Independent Director from July 15, 2026
Mr. Santosh Bhattacharjee (DIN: 02447452) appointed as Non-Executive Independent Director from July 15, 2026
Mr. Rajnish Kumar Pandey re-appointed as Whole-time Director for 5 years from April 12, 2026 to April 11, 2031
Mr. Abhay Kumar Sethia, Ms. Chetna Gupta, Ms. Khusbu Agrawal re-appointed as Independent Directors for second term of 5 years from February 5, 2026

Director Resignations:

Key Managerial Personnel Changes:

Ms. Jyoti Darade resigned as Company Secretary & Compliance Officer from April 15, 2026
Ms. Anushree Tekriwal appointed as Company Secretary & Compliance Officer from July 15, 2026
Ms. Megha Yatin Raut continues as Chief Financial Officer

Committee Reconstituitions:

Audit Committee reconstituted on April 12, 2025, September 5, 2025, and July 15, 2026
Nomination and Remuneration Committee reconstituted on September 5, 2025 and July 15, 2026
Stakeholder Relationship Committee reconstituted on September 5, 2025

Date: September 28, 2026 at 3:00 PM
Mode: Video Conference and Other Audio Visual Means
Ordinary Business: Adoption of financial statements and re-appointment of Ms. Lucy Maqbul Massey
Special Business: Appointment of Dr. Ranu Jain and Mr. Santosh Bhattacharjee as Independent Directors
Record Date: September 21, 2026 for determining shareholders entitled to vote
Remote e-Voting Period: September 25, 2026 (9:00 AM) to September 27, 2026 (5:00 PM)

Acquisition of commercial usage rights for "Ready Shopping" and "Ready Pharmacy" from Onelife Capital Advisors Limited for Fixed License Fee of ₹53.99 lakh and 0.5% quarterly royalty
Leave and license arrangement for 1,500 sq. ft. premises from Dealmoney Commodities Private Limited with ₹1.50 crore security deposit and ₹5,000 monthly rent
Change in Internal Auditor to M/s Aadhar Agarwal & Co. for FY 2026-27

Company transitioning to technology-driven, asset-light business model
Focus on digital enablement platforms for retail sector
Developing "Ready Pharmacy" and "Ready Shopping" verticals
Targeting unorganized retail market with technology solutions
Three-layer operational ecosystem: Technology Enablement, Supply Chain Integration, Centralized Logistics