Globus Power Generation FY26 Nil Revenue, ₹12.81L Loss

Revenue from operations: ₹0.00 (Previous year: ₹0.07 lakh)
Other Income: ₹0.00
Total Expenses: ₹51.06 lakh (Previous year: ₹48.47 lakh)
Loss before exceptional items and tax: ₹51.06 lakh (Previous year: ₹48.40 lakh loss)
Exceptional Item - Provision for Doubtful Advances: ₹38.25 lakh (Previous year: ₹402.53 lakh)
Loss before tax: ₹12.81 lakh (Previous year: ₹354.13 lakh profit)
Tax Expenses: ₹0.00
Net Loss for the period: ₹12.81 lakh (Previous year: ₹354.13 lakh profit)
Other Comprehensive Income: ₹0.00 (Previous year: ₹70.06 lakh loss)
Total Comprehensive Income: ₹12.81 lakh loss (Previous year: ₹284.07 lakh profit)
Cash loss incurred: ₹51.06 lakh (Previous year: ₹48.40 lakh)

Authorized Share Capital: ₹102.00 crores divided into 10.20 crores equity shares of ₹10 each
Paid-up Share Capital: ₹98.95 crores comprising 9.89 crores equity shares of ₹10 each
No dividend recommended for FY 2025-26
Dematerialized shares: 98.75 lakh shares representing 99.80% of total paid-up capital

As on March 31, 2026, the Board comprised 6 Directors:

1. Mr. Abhay Khanna - Whole-time Director

2. Mr. Amitabh Tandon - Non-Executive Director

3. Mr. Suneel Vohra - Non-Executive Director

4. Mr. Sunil Rai - Independent Director (appointed on August 11, 2025)

5. Mrs. Chhavi Prabhakar - Independent Women Director (re-appointed for second term)

6. Mr. Thamattoor Prabhakaran Nair - Independent Director (re-appointed for second term)

Mrs. Nishi Sabharwal ceased to be Independent Director after conclusion of 40th AGM on September 26, 2025.

1. Mr. Abhay Khanna - Whole-time Director

2. Mr. Alok Gupta - Chief Financial Officer

3. Ms. Nisha Valechani - Company Secretary and Compliance Officer (appointed September 22, 2025)

Secretarial Audit Report by M/s Soniya Gupta & Associates noted one compliance default:
Delay of 8 months in appointing Company Secretary (vacancy from January 3, 2025 to September 22, 2025)
This resulted in defaults under Section 203(4) of Companies Act, 2013 and Regulation 6(2) of SEBI LODR Regulations
BSE imposed penalties for non-compliance with Regulation 6(1) and Regulation 29(2)/29(3) of SEBI LODR Regulations

Statutory Auditors: M/s D R & Associates, Chartered Accountants (FRN: 018213N) appointed for 5 years from 38th AGM
Secretarial Auditors: M/s Soniya Gupta & Associates appointed for 5 years from 40th AGM
Internal Auditors: M/s K Y N J and Co, Chartered Accountants appointed for FY 2026-27

Company engaged in strategic investments in infrastructure sector, particularly power generation with focus on renewable energy
No material changes in business operations during the year
No subsidiaries, associates or joint ventures
No material related party transactions during FY 2025-26
Company does not meet thresholds for CSR compliance under Section 135(1)

41st Annual General Meeting: September 25, 2026 at 11:00 AM through Video Conferencing/OAVM
Business to be transacted:

1. Adoption of financial statements and reports

2. Re-appointment of Mr. Abhay Khanna as director retiring by rotation

3. Re-appointment of Mr. Abhay Khanna as Whole-time Director for 5 years from August 11, 2026

4. Approval of related party transactions with Transtech Green Power Private Limited up to ₹10 crores

The company has received income tax demands totaling ₹142.48 lakh for AY 2009-10 to 2011-12, which are disputed and pending resolution
No significant material orders passed by regulators that impact going concern status
Company confirms preparation of financial statements on going concern basis despite losses
Gender composition: 4 male employees, 2 female employees, 0 transgender employees