Meeting Details and Voting Process

  • AGM Date: Friday, 31st July 2026 at 11:00 AM via Video Conferencing
  • Record Date for Dividend: 17th July 2026 with payment before 29th August 2026
  • Voting Methods: Remote e-voting (28th-30th July 2026) and electronic voting during AGM
  • Scrutinizer: CS Riddhita Agrawal appointed to ensure transparent voting process
  • Cut-off Date: 24th July 2026 for determining voting rights with 72.73% promoter holding

Financial Performance Highlights

Standalone Financials (FY 2025-26 vs FY 2024-25):

  • Revenue from Operations: ₹89.05 crore (vs ₹68.03 crore) - 31% increase
  • Net Profit: ₹24.70 crore (vs ₹25.21 crore) - 2% decrease
  • Basic EPS: ₹4.85 (vs ₹4.95)
  • Total Equity: ₹123.40 crore (vs ₹103.75 crore)
  • Dividend: 25% interim paid + 25% final recommended (total ₹0.50 per share)

Segment Performance:

  • Educational Training & Development: ₹30.84 crore (decreased 14.38%)
  • Business Support Activities: ₹58.22 crore (increased 81.85%)

Proposed Resolutions and Governance

Ordinary Business:

1. Adoption of audited financial statements for FY 2025-26

2. Confirmation of interim dividend and declaration of final dividend

3. Re-appointment of Mr. Aditya Bhandari as Whole-time Director

Special Business:

4. Continuation of Mr. Gururaj Karajagi as Chairman beyond age 75 years

5. Re-appointment of Mr. Inder Krishen Bhat as Independent Director

6. Re-appointment of Mr. Aditya Bhandari for further 5 years

Subsidiary Performance and Corporate Structure

Key Subsidiaries:

  • Global BIFS Academy: Revenue ₹2.27 crore, Profit ₹0.30 crore (vs deficit)
  • Yoco Private: Revenue Nil, Surplus ₹0.26 crore (vs ₹0.58 crore)
  • Global Sports & Music: Revenue ₹2.50 crore, Surplus ₹0.37 crore
  • OwnPrep: Revenue ₹0.10 crore, Deficit ₹0.04 crore

Compliance and Governance Framework

  • Board Committees: Audit, Nomination & Remuneration, Stakeholders Relationship, CSR
  • Statutory Auditors: Patel Shah & Joshi continue until 19th AGM
  • Internal Controls: Adequate systems operating effectively
  • CSR Expenditure: ₹70.55 lakhs spent against requirement of ₹70.44 lakhs

Additional Financial Disclosures

  • Related Party Transactions: ₹1,394.77 lakhs with subsidiaries and promoters
  • Operating Lease Expenses: ₹87.84 lakhs with no outstanding non-cancellable leases
  • Contingent Liabilities: ₹49.70 lakhs bank guarantees
  • Employee Benefits: Gratuity obligation of ₹43.41 lakhs
  • Capital Expenditure: ₹533.52 lakhs for expansion in infrastructure services

Management Changes and Corporate Updates

  • Mr. Hemant Daga resigned as CFO, replaced by Mr. Anshul Lalit Jain
  • Ms. Shunali Kunal Nagarkatti resigned as Independent Director
  • Subsidiary name changes: Yoco Stays to Yoco Private, Global Sports Academy to Global Sports And Music Private Limited

Auditor's Opinion and Compliance

Unmodified audit opinion confirming true and fair view of financial statements in accordance with Ind AS. No material weaknesses in internal financial controls identified. Full compliance with SEBI Listing Regulations, Companies Act, and secretarial standards maintained throughout the financial year.