Key Financial Performance (FY 2025-26 vs FY 2024-25)

  • Revenue from Operations: ₹155.92 lakh (decreased from ₹583.78 lakh in FY 2024-25)
  • Total Revenue: ₹155.92 lakh (decreased from ₹583.78 lakh)
  • Total Expenses: ₹205.61 lakh (increased from ₹130.42 lakh)
  • Profit/(Loss) before Tax: Loss of ₹49.69 lakh (down from profit of ₹453.36 lakh)
  • Tax Expenses: ₹36.90 lakh (decreased from ₹141.85 lakh)
  • Net Profit/(Loss) after Tax: Loss of ₹86.59 lakh (down from profit of ₹311.51 lakh)
  • Earnings per Share (Basic & Diluted): Loss of ₹1.73 (down from profit of ₹6.22)

Financial Position as at March 31, 2026

  • Paid-up Share Capital: ₹501.00 lakh (50,10,000 equity shares of ₹10 each)
  • Cash and Cash Equivalents: ₹47.36 lakh (increased from ₹36.44 lakh)
  • Loans (Net of Impairment): ₹14.96 lakh (decreased from ₹631.02 lakh)
  • Investments: ₹3,343.31 lakh (increased from ₹2,854.44 lakh)
  • Total Assets: ₹3,497.18 lakh (decreased from ₹3,567.41 lakh)
  • Deferred Tax Liabilities: ₹153.65 lakh (increased from ₹132.36 lakh)

Dividend and Reserves

  • No dividend recommended for FY 2025-26 to conserve profits
  • No amount transferred to Statutory Reserve due to losses incurred
  • ₹86.59 lakh loss transferred to General Reserve

30th Annual General Meeting Details

  • Date: Monday, September 21, 2026
  • Time: 12:00 PM
  • Venue: Registered Office at 409, Swaika Centre, 4A Pollock Street, Kolkata, West Bengal 700001
  • Cut-off Date: Monday, September 14, 2026 for determining voting rights
  • Remote e-voting Period: Friday, September 18, 2026 (9:00 AM) to Sunday, September 20, 2026 (5:00 PM)

AGM Business Items

Ordinary Business:

1. Consideration and adoption of Audited Financial Statements for FY ended March 31, 2026 and Reports of Board of Directors and Auditors

2. Reappointment of Mr. Rakesh Porwal (DIN: 00495444) as Director liable to retire by rotation

Board of Directors and Key Personnel

Directors:

  • Mr. Danmal Porwal - Chairman and Managing Director (DIN: 00581351)
  • Mr. Rakesh Porwal - Non-Executive Director (DIN: 00495444)
  • Mr. Pravin Jain - Independent Director (appointed September 30, 2025)
  • Mrs. Akansha Lunia - Independent Director

Key Managerial Personnel:

  • Mr. Sunny Jain - Chief Financial Officer
  • Mr. Jainendra Kumar Jain - Company Secretary

Changes in Board Composition:

  • Mr. Vijay Kumar Jain retired as Independent Director effective September 29, 2025
  • Mr. Pravin Jain appointed as Independent Director effective September 30, 2025

Shareholding Pattern

  • Promoter Holding: 5.74% (287,400 shares)
  • Public Holding: 94.26%
  • Dematerialized Shares: 73.60% of total paid-up capital
  • Top Shareholders:
  • Shobha Chemical Industries Private Limited: 38.69%
  • Mysol Trexim Private Limited: 7.09%
  • Espee Fashion Exports Private Limited: 6.37%

Related Party Transactions

Transactions with related parties during FY 2025-26:

  • Mr. Danmal Porwal: Managerial remuneration ₹18.00 lakh
  • Smt. Aditi Porwal: Salary ₹15.00 lakh
  • Coal Chem: Office rent ₹0.25 lakh
  • Utkal Hydrocarbons: Office rent ₹0.07 lakh

All transactions were at arm's length and in the ordinary course of business.

Other Material Information

  • Company has adequate internal financial controls systems
  • No frauds reported by auditors under section 143(12) of Companies Act, 2013
  • No deposits accepted or renewed during the year
  • No sexual harassment complaints filed during the year
  • Company has Whistle Blower Policy and Vigil Mechanism in place

Forward-looking Statements

The Management Discussion & Analysis report contains forward-looking statements based on current expectations that involve risks and uncertainties. Actual results may differ materially due to changes in economic conditions, market dynamics, regulatory changes, and other factors.