Key Quantitative Figures

  • Revenue from Operations (FY 2025-26): ₹95.49 lakhs (Previous year: ₹78.98 lakhs)
  • Other Income (FY 2025-26): ₹1.28 lakhs (Previous year: ₹0.05 lakhs)
  • Total Expenses (Excl. Depreciation) (FY 2025-26): ₹106.98 lakhs (Previous year: ₹78.00 lakhs)
  • Depreciation (FY 2025-26): ₹14.03 lakhs (Previous year: ₹14.17 lakhs)
  • Loss Before Tax (FY 2025-26): ₹(24.25) lakhs (Previous year: ₹(13.14) lakhs)
  • Deferred Tax Expense (FY 2025-26): ₹(8.06) lakhs (Previous year: ₹(4.06) lakhs)
  • Net Loss (FY 2025-26): ₹(16.39) lakhs (Previous year: ₹(9.29) lakhs)
  • Earnings Per Share (EPS) (FY 2025-26): ₹(0.25) (Previous year: ₹(0.14))
  • Authorized Share Capital: ₹10.50 crore (1.05 crore equity shares of ₹10 each)
  • Issued Share Capital: ₹8.44 crore (84,41,159 equity shares of ₹10 each)
  • Paid-up Share Capital: ₹6.49 crore (64,90,159 equity shares of ₹10 each)
  • Listed Share Capital: ₹6.49 crore (64,90,159 equity shares of ₹10 each)
  • Net Worth (Negative): ₹(30.74) lakhs (Previous year: ₹(14.36) lakhs)
  • Total Assets (as of 31-Mar-2026): ₹506.96 lakhs
  • Inventory (as of 31-Mar-2026): ₹274.96 lakhs
  • Cash & Cash Equivalents (as of 31-Mar-2026): ₹8.15 lakhs
  • Long Term Borrowings (Unsecured from Related Party): ₹464.02 lakhs
  • Number of Permanent Employees: 8

Dates of Action

  • AGM Date: Wednesday, 23rd September 2026 at 9:00 AM IST
  • AGM Venue: Hotel Marriott, Tank Bund Road, Opposite Hussain Sagar Lake, Hyderabad-500080, Telangana, India
  • Book Closure Dates: Thursday, 17th September 2026 to Wednesday, 23rd September 2026 (both days inclusive)
  • E-Voting Period: Saturday, 19th September 2026, 9.00 A.M. (IST) to Tuesday, 22nd September 2026, 5.00 P.M. (IST)
  • Cut-off Date for Voting Rights: Wednesday, 16th September 2026
  • Board Approval for Management Change: 20th August 2026
  • Effective Date of Management Change: 20th August 2026
  • Financial Year End: 31st March 2026

Parties Involved

  • Stock Exchange: BSE Limited
  • Statutory Auditors: M/s. Sathuluri & Co., Chartered Accountants, Hyderabad
  • Secretarial Auditor: M/s. Atluri Ramesh & Associates, Company Secretaries, Hyderabad
  • Scrutinizer for E-Voting: Ms. Rashida Adenwala, Practicing Company Secretary (M No. 4020), R & A Associates
  • Registrar and Share Transfer Agent: M/s. XL Softech Systems Limited, Hyderabad
  • Managing Director Designate: Mrs. Meena Bhushan Kerur (DIN: 02454919)
  • Director Retiring by Rotation: Mr. Rohan Bhushan Kerur (DIN: 10990781)

Purpose/Rationale

  • The disclosure is made to comply with SEBI LODR Regulation 34(1) for submitting the Annual Report and AGM notice.
  • The change in designation of Mrs. Meena Bhushan Kerur to Managing Director is proposed to entrust her with the executive management of the affairs of the Company based on her extensive experience and leadership capabilities.

Financial Impact

  • The company incurred a net loss of ₹16.39 lakhs for FY 2025-26.
  • No dividend has been recommended due to losses.
  • Mrs. Meena Bhushan Kerur has voluntarily agreed to waive her entitlement to any remuneration payable to her as Managing Director.
  • The company has negative reserves and surplus of ₹(874.86) lakhs.

Capital Structure Impact

  • No change in share capital during the year under review.
  • The company has not bought back any securities, issued sweat equity, bonus shares, or shares with differential voting rights.

Corporate Governance

  • The company is exempt from certain corporate governance provisions under Regulation 15(2) of SEBI LODR due to its size (Paid-up Equity Share Capital not exceeding Rs. 10 Crore and Net worth not exceeding Rs. 25 Crore).
  • The Board comprises 5 members (1 Executive Director, 2 Non-Executive Non-Independent Directors, and 2 Independent Directors).
  • The Board met 6 times during FY 2025-26.

Additional Information

  • The Annual Report is available on the company's website: https://goldencarpets.com/ar/2026.pdf
  • The company's manufacturing facility is located at Sy. No. 36 & 37 Jeedipally, Toopran Mandal, Medak-502334, Telangana.
  • The company specializes in manufacturing 100% woven carpets using premium heat-set polypropylene yarn.