Printing Error Details

The error was on page 45 of the Annual Report in the Certificate of Non-Debarment issued by M/s. Parikh Parekh & Associates, Practicing Company Secretaries.

  • In Column No. 3 of the table, director Ms. Shweta Ratnakar Musale's name was inadvertently repeated twice
  • The name of director Mr. Rohin Feroze Bomanji was missing
  • No other printing errors were identified in the Annual Report

Revised Documentation

The company submitted the revised Annual Report for FY 2025-26, including the Notice of the Annual General Meeting, which is also available on the Company's website at www.fgpltd.in.

Annual General Meeting Details

The Sixty-Fourth Annual General Meeting will be held on Thursday, July 30, 2026 at 11:00 a.m. IST through Video Conferencing (VC) or Other Audio-Visual Means (OAVM).

Agenda Items

Ordinary Business:

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

2. Re-appointment of Mr. Hari Narain Singh Rajpoot (DIN: 00080836) who retires by rotation

Special Business:

3. Appointment of Mr. Pradeep Shashikant Pathare (DIN: 01449746) as Independent Director for 5 years from May 12, 2026 to May 11, 2031

4. Re-appointment of Ms. Shweta Ratnakar Musale (DIN: 03280429) as Independent Director for second term of 5 years from November 12, 2026 to November 11, 2031

Financial Performance Highlights

FY 2025-26 vs FY 2024-25 (₹ in Lakhs):

  • Total Income: ₹252.64 (vs ₹50.70) - 398% increase
  • Profit before Depreciation & Tax: ₹8.24 (vs ₹0.91)
  • Depreciation: ₹0.82 (vs ₹0.77)
  • Profit before tax: ₹7.42 (vs ₹0.14)
  • Tax expense: ₹0.14 (vs ₹3.42)
  • Profit after Tax: ₹7.28 (vs loss of ₹3.28)
  • Other Comprehensive Income: ₹0.12 (vs ₹0.06)
  • Total Comprehensive Income: ₹7.40 (vs loss of ₹3.22)

The significant increase in income was mainly due to the commencement of a new Commodity Trading division/segment.

Dividend Declaration

No dividend recommended for FY 2025-26 due to carried forward losses from previous years.

Key Management Changes

  • Mr. Avi Mundecha resigned as Company Secretary and Compliance Officer effective August 22, 2025
  • Ms. Shalu Sarraf appointed as Company Secretary and Compliance Officer effective September 15, 2025

Key Financial Ratios (Significant Changes >25%):

  • Return on Net Worth: 2.13% (vs -0.98%) - 317% change
  • Net Profit Ratio: 2.88% (vs -6.46%) - 145% change
  • Return on Capital Employed: 2.17% (vs 0.04%) - 5,085% change

Business Diversification

The Company altered its object clause through special resolution passed via Postal Ballot on September 12, 2025, permitting commencement of commodity trading business.

Voting Arrangements

The cut-off date for determining voting rights is Thursday, July 23, 2026. Remote e-voting period commences at 09:00 a.m. IST on Monday, July 27, 2026 and ends at 5:00 p.m. IST on Wednesday, July 29, 2026.

Corporate Governance

The Company has constituted mandatory committees including Audit Committee, Nomination and Remuneration Committee, and Stakeholders Relationship Committee. All committees function with defined terms of reference.