Key Quantitative Figures

Standalone Financials (in ₹ '00):

  • Total Revenue: ₹11,936.81 (FY25: ₹3,250.54)
  • Revenue from operations: ₹965.99 (FY25: ₹3,079.44) - 68.63% decrease
  • Other Income: ₹10,970.82 (FY25: ₹171.10)
  • Total Expenditure: ₹11,280.12 (FY25: ₹10,444.21)
  • Employee benefit expense: ₹4,200.00 (unchanged)
  • Finance costs: ₹3.53 (FY25: ₹9.76)
  • Depreciation: ₹19.90 (FY25: ₹26.85)
  • Other expenses: ₹7,056.70 (FY25: ₹6,207.60)
  • Profit before tax: ₹656.68 (FY25: loss of ₹7,193.67)
  • Tax Expense: ₹353.60 (FY25: credit of ₹17,695.62)
  • Current Tax: ₹102.44 (FY25: nil)
  • Deferred Tax Liability: ₹251.16 (FY25: credit of ₹17,695.62)
  • Profit after tax: ₹303.09 (FY25: ₹10,501.95)
  • EPS: ₹0.01 basic and diluted (FY25: ₹0.34)

Consolidated Financials (in ₹ '00):

  • Total Revenue: ₹116,544.91 (FY25: ₹27,767.13)
  • Revenue from operations: ₹7,223.62 (FY25: ₹27,767.13)
  • Other Income: ₹109,321.29 (FY25: nil)
  • Total Expenditure: ₹28,227.98 (FY25: ₹17,904.67)
  • Profit before tax: ₹88,316.93 (FY25: ₹9,862.46)
  • Tax Expense: ₹18,862.94 (FY25: credit of ₹13,223.78)
  • Profit after tax: ₹69,453.99 (FY25: ₹23,086.25)
  • EPS: ₹2.24 basic and diluted (FY25: ₹0.74)

Dates of Action

  • AGM Date: September 30, 2026 at 11:00 AM
  • Book Closure: September 24-30, 2026 (both days inclusive)
  • E-voting period: September 27-29, 2026 (9:00 AM to 5:00 PM)
  • Cut-off date for voting: September 23, 2026
  • Financial year ended: March 31, 2026
  • Board meeting dates: May 30, August 14, August 30, November 14, 2025; February 14, 2026

Parties Involved

Board of Directors:

  • Mr. Vinay Kumar Agarwal (Managing Director, DIN: 00646116)
  • Mrs. Suman Agarwal (Director, DIN: 02307222)
  • Mr. Chirag Tekriwal (Independent Director, DIN: 07828255)
  • Mr. Maloy Kumar Chandra (Independent Director, DIN: 08008387)

Key Managerial Personnel:

  • Mr. Ashish Jindal (CFO)
  • Ms. Riddhi Kanodia (Company Secretary & Compliance Officer)

Auditors:

  • Statutory Auditors: M/s. P Khetan & Co (FRN: 327386E)
  • Internal Auditors: M/s. Jain Khemka & Associates (FRN: 325300E)
  • Secretarial Auditor: Mr. Riteek Baheti (ACS No.: 48468, CP No.: 17766)

Subsidiaries (7 entities):

1. Innovation Infraestates Private Limited (99.99% holding)

2. Mukti Commercial Pvt Ltd (99.83% holding)

3. Maniroop Agencies Private Limited (99.83% holding)

4. Mahabala Tradecom Private Limited (99.83% holding)

5. Kinetic Dealcom Private Limited (99.83% holding)

6. Chaturbhuj Agencies Pvt Ltd (acquired through Maniroop & Mukti)

7. Doreman Distributors Pvt Ltd (acquired through Kinetic & Mahabala)

Capital Structure Impact

  • Paid-up capital: ₹3,102,000 comprising 3,102,000 equity shares of ₹10 each (unchanged)
  • Promoter holding: 66.99% (20,77,889 shares)
  • Vinay Kumar Agarwal: 14,41,640 shares (42.25%)
  • Suman Agarwal: 7,67,430 shares (24.74%)
  • 99.31% of shares held in dematerialized form

Financial and Operational Impact

  • No dividend recommended for FY26
  • Reserves & Surplus (Standalone): negative ₹26,099.20 (FY25: negative ₹26,402.29)
  • Reserves & Surplus (Consolidated): ₹120,591,044.44 (FY25: ₹119,896,408.40)
  • Investments in mutual funds showed positive growth compared to previous year
  • Company has adequate internal financial controls as per auditor's report

Corporate Governance Matters

  • 5 Board meetings and 5 Audit Committee meetings held during FY26
  • Separate meeting of Independent Directors held on November 14, 2025
  • No investor complaints pending as of March 31, 2026
  • No material related party transactions except remuneration to KMPs
  • No fraud reported by auditors
  • No sexual harassment complaints received or pending

Special Resolutions for AGM

1. Reappointment of Vinay Kumar Agarwal as Managing Director for 5 years (August 6, 2026 to August 5, 2031)

2. Approval for loans/advances to directors or entities where directors are interested up to ₹5 crore

Auditor's Observations

  • Unmodified audit opinion for both standalone and consolidated financial statements
  • No qualifications, reservations, or adverse remarks in audit reports
  • Internal financial controls found adequate and operating effectively
  • CARO 2020 compliance reported with no adverse findings

Additional Information

  • RTA: M/s Maheshwari Datamatics Private Limited, Kolkata