Annual General Meeting Details

  • Date: Tuesday, September 29, 2026
  • Time: 04:00 PM (IST)
  • Venue: Registered Office at B27/92 K1 Jawahar Nagar Colony, Bhelupura Varanasi-221010, Uttar Pradesh, India
  • Remote e-voting period: September 26, 2026 (09:00 AM) to September 28, 2026 (05:00 PM)
  • Cut-off date: September 22, 2026

Agenda Items

Ordinary Business:

1. Adoption of Audited Standalone and Consolidated Financial Statements for FY ended March 31, 2026

2. Appointment of Mr. Amit Kumar Singh (DIN 06582830) as Non-Executive Director, liable to retire by rotation

Special Business:

3. Approval for Related Party Transactions with M/s. Tritech Industrial Solutions Private Limited (Subsidiary) up to ₹5,00,00,000 for working capital, short-term inter-corporate loans and other business purposes for FY 2026-27

4. Approval for Related Party Transactions with M/s. Greenkashi Bio Energy Private Limited (wholly owned subsidiary) up to ₹5,00,00,000 for similar purposes for FY 2026-27

Financial Performance Highlights (Standalone)

FY 2025-26 vs FY 2024-25:

  • Revenue from Operations: ₹193.90 lakhs (prev. ₹195.78 lakhs)
  • Other Income: ₹5.88 lakhs (prev. ₹2.06 lakhs)
  • Total Income: ₹194.48 lakhs (prev. ₹195.98 lakhs)
  • Profit Before Tax: ₹175.47 lakhs (prev. ₹201.44 lakhs)
  • Profit After Tax: ₹131.30 lakhs (prev. ₹150.74 lakhs)
  • EPS: ₹1.01 (prev. ₹3.21)

Consolidated Financials FY 2025-26:

  • Revenue from Operations: ₹375.97 lakhs
  • Profit Before Tax: ₹101.90 lakhs
  • Profit After Tax: ₹75.20 lakhs
  • EPS: ₹0.58

Capital Structure Changes

  • Authorized Share Capital: ₹15,00,00,000 divided into 1,50,00,000 shares of ₹10 each
  • Allotment during year: 82,89,237 Equity shares of face value ₹10 each at premium of ₹95 each
  • Share warrants issued: 10,37,200 share warrants of exercise price ₹105 each (including Premium of ₹95)
  • Paid-up Share Capital as on March 31, 2026: ₹12,98,92,370 divided into 1,29,89,237 shares of ₹10 each

Subsidiary Companies

As on March 31, 2026:

1. Tritech Industrial Solutions Private Limited (76% subsidiary)

  • Revenue: ₹1,175.63 lakhs
  • PAT: ₹47.77 lakhs

2. Greenkashi Bio Energy Private Limited (100% wholly owned subsidiary)

  • Revenue: ₹645.11 lakhs
  • PAT: (₹103.87) lakhs (loss)

Related Party Transactions

With Tritech Industrial Solutions:

  • Maximum value: ₹5 crore for FY 2026-27
  • Represents 13.30% of annual consolidated turnover
  • No transactions in past three years (FY 2023-24 to 2025-26)

With Greenkashi Bio Energy:

  • Maximum value: ₹5 crore for FY 2026-27
  • Represents 13.30% of annual consolidated turnover
  • Past transactions: FY 2023-24: ₹58.74 lakhs, FY 2024-25: ₹213.98 lakhs, FY 2025-26: ₹39.45 lakhs
  • Interested directors: Mr. Naved Iqbal and Mr. Amit Kumar Singh (common directors)

Dividend and Reserves

  • No dividend recommended for FY 2025-26
  • Reserves maintained: ₹870.13 lakhs (prev. ₹71.07 lakhs)
  • No transfer of profits to Reserves and Surplus

Board and Committee Composition

Directors:

  • Naved Iqbal (Chairman and Managing Director)
  • Mohammad Nadeem (Whole-Time Director & CFO)
  • Arham Anees (Non-Executive Director)
  • Amit Kumar Singh (Non-Executive Director)
  • Sobha Gupta (Non-Executive Independent Director)
  • Anuj Kapoor (Non-Executive Independent Director)

Key Managerial Personnel:

  • Mohammad Nadeem (CFO)
  • Sneha Jain (Company Secretary & Compliance Officer)

Board Meetings: 6 meetings during FY 2025-26

Auditors

  • Statutory Auditors: M/s. Goel Vinay & Associates, Chartered Accountants (FRN 0008361C)
  • Secretarial Auditors: M/s. Nikunj Kanabar & Associates, Practicing Company Secretary
  • Internal Auditors: S A & Associates

All auditor reports are unqualified with no adverse remarks.

Business Overview

The company is engaged in:

1. Trading of various petroleum-based products (biofuels, bitumen, light density oils, furnace oils)

2. Operation & Maintenance as Job worker for Ethanol manufacturing in Government owned distilleries

The company bids for tenders of Government owned distilleries for Operation & Maintenance as Job worker for Ethanol manufacturing but does not own manufacturing units.

Material Changes During the Year

The Board of Directors approved acquisition of:

  • 100% stake in M/s. Greenkashi Bio Energy Private Limited (carbon manufacturing business)
  • 76% stake in M/s. Tritech Industrial Solutions Private Limited (project management consultancy in agro, food, chemicals, distillery, ethanol and power sectors)

Important Dates

  • AGM Date: September 29, 2026
  • Remote e-voting: September 26-28, 2026
  • Cut-off date: September 22, 2026
  • Annual Report available at: www.greenhitech.org and www.bseindia.com