Financial Performance Highlights

Financial Results for FY 2025-26 vs FY 2024-25:

  • Total Revenue: ₹2,223.567 lakhs (FY 2025-26) vs ₹2,034.461 lakhs (FY 2024-25), representing 9.30% growth
  • Total Expenses: ₹2,118.376 lakhs (FY 2025-26) vs ₹1,949.663 lakhs (FY 2024-25)
  • Profit Before Tax: ₹105.191 lakhs (FY 2025-26) vs ₹84.798 lakhs (FY 2024-25)
  • Current Tax Expense: ₹30.632 lakhs (FY 2025-26) vs ₹24.693 lakhs (FY 2024-25)
  • Net Profit After Tax: ₹74.559 lakhs (FY 2025-26) vs ₹60.105 lakhs (FY 2024-25), representing 24% growth
  • Earnings Per Share (Basic & Diluted): ₹12.42 (FY 2025-26) vs ₹10.01 (FY 2024-25)

Reserves and Surplus:

  • Transferred ₹74.560 lakhs to reserves and surplus during the year
  • Reserves and surplus stood at ₹1,996.62 lakhs as of March 31, 2026

Dividend Declaration

  • No dividend recommended for FY 2025-26
  • Management decided to retain profits for business expansion and working capital requirements

Operational Highlights

  • Company engaged in processing, marketing, selling, and distribution of Agri commodities (pulses, cereals, corn, wheat, rice) and e-commerce solutions
  • Reported 9.30% growth in revenues compared to previous year
  • 97.35% of equity shares (58,43,440 shares) dematerialized as of March 31, 2026

Corporate Developments

Acquisition:

  • Acquired 84.40% stake in CoOptions Corporation Private Limited, a Hyderabad-based Agri business and E-commerce solutions company
  • Acquisition executed through share swap ratio of 4:1 (4 equity shares of Globe Multi Ventures for every 1 equity share of CoOptions)
  • Extraordinary General Meeting held on 30.04.2025 to approve the transaction

Future Expansion Plans:

  • Plans to expand presence to Karnataka, Tamil Nadu, Kerala, and northern states including Maharashtra
  • Considering acquisition of lands for agricultural produce and setting up 1-2 processing units in southern India
  • Exploring business expansion through agreements, contracts, acquisitions, joint ventures, and strategic alliances

Board and Management Changes

Directors and Key Managerial Personnel as on March 31, 2026:

1. Mr. Satya Murthy Sivalenka - Non-Independent & Non-Executive Director (DIN: 00412609)

2. Mr. Venkat Raman Ayinam - Non-Executive & Independent Director (DIN: 08693362)

3. Mr. Mallikarjunan Venkatraman - Non-Executive & Independent Director (DIN: 08693383)

4. Mr. Rahul Saridena - Director (DIN: 10768130)

5. Mr. Sanjay Narayan Jadhav - CFO

6. Mrs. Gayatri Asnani - Company Secretary Cum Compliance Officer

Changes during the year:

  • Mrs. Sivalenka Kameswari (Whole-time Director, Executive Non-Independent Director) ceased to be director due to death on 22.09.2026

Board Meetings:

  • Four Board meetings held during FY 2025-26 on: 29.05.2025, 13.08.2025, 29.08.2025, and 17.11.2025
  • All directors attended all four meetings

Annual General Meeting Details

  • 41st AGM Date: October 29, 2026 (Thursday)
  • Time: 4:00 PM
  • Mode: Video Conferencing/Other Audio-Visual Means (no physical venue)
  • Business:

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

2. Re-appointment of Mr. Satya Murthy Sivalenka as Director retiring by rotation

Share Transfer Book Closure:

  • Period: October 23, 2026 to October 29, 2026 (both days inclusive)
  • Purpose: For 41st Annual General Meeting

E-Voting Details:

  • Remote e-Voting Period: October 25, 2026 (9:00 AM) to October 28, 2026 (5:00 PM)
  • Cut-off Date: October 23, 2026
  • E-Voting Agency: Central Depository Services (India) Limited (CDSL)
  • Scrutinizer: M/s S.V. Achary & Co., Company Secretaries

Regulatory and Compliance Matters

Secretarial Audit Report Qualifications:

M/s S.V. Achary & Co. noted the following observations in their Secretarial Audit Report:

1. Company did not have Internal Auditor as required under Section 138 of Companies Act, 2013

2. Mr. Venkat Raman Ayinam appointed as Independent Director without registration in data bank as required under Section 150

3. Company did not publish notice of Book closure in newspaper as required under Section 91(1)

4. Company did not publish advertisement of e-voting facility as required under Section 108 read with Rule 20(4)(v)

5. Company did not publish notice of Board meeting for approving financial results as required under Regulation 47(1) of SEBI LODR

6. Delay in payment of listing fees to BSE and MSEI

Management Response to Qualifications:

  • Will comply with internal auditor requirement in next financial year
  • Will comply with data bank registration requirement in due course
  • Book closure notice omission was inadvertent, will comply in future
  • Assurance given to comply with all applicable laws in true spirit

Statutory Dues:

Undisputed income tax dues outstanding:

  • A.Y. 2025-26: ₹2,46,93,368 (due date: 30/09/2025)
  • A.Y. 2024-25: ₹1,30,25,630 (due date: 30/09/2024)
  • A.Y. 2023-24: ₹1,04,71,890 (due date: 30/09/2023)
  • A.Y. 2022-23: ₹44,45,730 (due date: 30/09/2022)

Corporate Governance

Committee Composition:

1. Audit Committee: Mr. Mallikarjunan Venkatraman (Chairperson), Mr. Venkat Raman Ayinam, Mr. Satya Murthy Sivalenka

2. Nomination & Remuneration Committee: Mr. Venkat Raman Ayinam (Chairman), Mr. Satya Murthy Sivalenka, Mr. Mallikarjunan Venkatraman

3. Stakeholder Relationship Committee: Mr. Venkat Raman Ayinam (Chairman), Mr. Satya Murthy Sivalenka, Mr. Mallikarjunan Venkatraman

4. Risk Management Committee: Mr. Mallikarjunan Venkatraman (Chairman), Mr. Satya Murthy Sivalenka, Mr. Venkat Raman Ayinam

Board Evaluation:

  • Formal annual evaluation conducted of Board, its committees, and individual directors
  • Separate meeting of Independent Directors held on 14.02.2026

Remuneration:

  • Mrs. Sivalenka Kameswari (Managing Director) received remuneration of ₹60,00,000 P.A.
  • No remuneration payable to Non-Executive Directors

Corporate Social Responsibility

  • CSR provisions applicable to the company
  • Required to spend ₹7.63 lakhs (2% of average net profit of last three years: ₹381.41 lakhs)
  • Actual expenditure incurred: ₹7.81 lakhs
  • Activities included donations for Schedule VII activities

Banking and Service Providers

  • Bankers: Kotak Mahindra Bank Ltd, Lakshmi Vilas Bank, ICICI Bank
  • Registrars & Share Transfer Agents: Skyline Financial Services Pvt. Ltd
  • E-Voting Agency: Central Depository Services (India) Limited (CDSL)

Capital Structure

  • Authorized Share Capital: ₹10,00,00,000 divided into 1,00,00,000 equity shares of ₹10 each
  • Issued, Subscribed and Paid-up Capital: ₹6,00,20,000 divided into 60,02,000 equity shares of ₹10 each
  • Net Worth: ₹25.96 crores (₹6.00 crores share capital + ₹19.96 crores reserves)

Important Dates

  • Financial Year: April 1, 2025 to March 31, 2026
  • Board Meeting Dates: 29.05.2025, 13.08.2025, 29.08.2025, 17.11.2025
  • AGM Date: October 29, 2026
  • Book Closure: October 23, 2026 to October 29, 2026
  • E-Voting Period: October 25, 2026 (9:00 AM) to October 28, 2026 (5:00 PM)

Listing Details

  • Shares listed on BSE India Limited and Metropolitan Stock Exchange of India Ltd
  • No securities suspended from trading