Financial Performance Highlights (Standalone)
Revenue from Operations: ₹23.01 lakh (FY 2024-25: ₹2,822.47 lakh)
Other Income: ₹24.31 lakh (FY 2024-25: ₹52.67 lakh)
Total Income: ₹47.32 lakh (FY 2024-25: ₹2,875.14 lakh)
Profit/(Loss) Before Tax: (₹213.86) lakh (FY 2024-25: ₹2,541.95 lakh)
Profit/(Loss) After Tax: ₹621.05 lakh (FY 2024-25: ₹2,541.91 lakh)
Deferred Tax Asset/(Liability): (₹834.91) lakh (FY 2024-25: ₹0.04 lakh)
Earnings Per Share (Basic & Diluted): ₹32.68 (FY 2024-25: ₹133.78)
Net Worth: ₹3,318.76 lakh (FY 2024-25: ₹2,695.72 lakh)
Dividend Declaration
The Board of Directors did not recommend any dividend for FY 2025-26 to preserve resources for business growth activities.
Annual General Meeting Details
38th AGM Date: September 25, 2026
Time: 03:00 PM IST
Mode: Video Conferencing/Other Audio Visual Means (VC/OAVM)
Cut-off Date for E-voting: September 18, 2026
Remote E-voting Period: September 22, 2026 (10:00 AM) to September 24, 2026 (5:00 PM)
AGM Agenda Items
Ordinary Business:
1. Adoption of audited standalone financial statements for FY 2025-26
2. Re-appointment of Mr. Rajesh Soni (DIN: 00574384) as Non-Executive Director retiring by rotation
Special Business:
3. Appointment of Ms. Anjali Jain (DIN: 07757314) as Independent Woman Director for 5 years from August 14, 2026
4. Appointment of Mr. Girdhari Sagarvanshi (DIN: 11888371) as Whole-time Director & CEO for 5 years from August 14, 2026 with monthly remuneration of ₹5,77,50/-
Board Composition Changes
Resignations:
- Ms. Kamna Talreja (Independent Director) resigned effective June 5, 2026
- Mr. Adnan Kanchwala (Company Secretary & Compliance Officer) ceased effective March 2, 2026
Appointments:
- Ms. Anjali Jain appointed as Additional Director (Independent Woman Director) effective August 14, 2026
- Mr. Girdhari Sagarvanshi appointed as Whole-time Director & CEO effective August 14, 2026
- Mr. Harsh Saxena appointed as Company Secretary & Compliance Officer effective May 28, 2026
Key Management Personnel
Chief Financial Officer: Mr. Abhishek Saxena
Chief Executive Officer: Mr. Girdhari Sagarvanshi (w.e.f. August 14, 2026)
Company Secretary & Compliance Officer: Mr. Harsh Saxena (w.e.f. May 28, 2026)
Corporate Office
501/B, Mahakosh House, 7/5, South Tukoganj, Nath Mandir Road, Indore - 452001 (M.P.)
Auditors
Statutory Auditors: M/s. SCAN & Co., Chartered Accountants (FRN: 113954W)
Secretarial Auditors: M/s. B Maksiwala & Associates, Practicing Company Secretaries
Internal Auditors: M/s. Nahata Mahajan and Co., Chartered Accountants
RTA: Bigshare Services Private Limited
Capital Structure
Authorized Share Capital: ₹67.25 crore (6,72,50,000 equity shares of ₹10 each)
Issued, Subscribed & Paid-up Capital: ₹1.90 crore (19,00,000 equity shares of ₹10 each)
Dematerialized Shares: 97.48% of total share capital
Corporate Social Responsibility (CSR)
CSR Obligation for FY 2025-26: ₹16,88,775
CSR Amount Spent: Nil
Unspent CSR Amount transferred to Unspent CSR Account: ₹16,88,775
The requirement to constitute a CSR Committee did not apply as the amount to be spent did not exceed ₹50 lakh.
Key Operational Highlights
- The company is engaged in management and consultancy services including IT, engineering & technical services
- No material changes affecting financial position between year-end and report date
- No foreign exchange earnings or outgo during the year
- No deposits accepted from public under Sections 73-74 of Companies Act, 2013
- No subsidiary, joint venture or associate companies as of March 31, 2026
Regulatory Compliance Issues
The Secretarial Audit Report by M/s. B Maksiwala & Associates highlighted several non-compliances:
- Failure to conduct performance evaluation of Board, its committees and individual directors
- Non-appointment of executive directors during FY 2025-26
- Vacancy in KMP position for over one year
- Mr. Negendra Singh (Independent Director) did not clear proficiency test within stipulated period
- Delay in filing certain communications with stock exchange
Contingent Liabilities
Corporate Guarantees: ₹175.89 crore issued on behalf of related parties (RSAL Pvt Ltd.) under litigation before DRT Jabalpur
Customs Duty Demand: ₹61.58 lakh pending adjudication by Customs Authority
Property Title Suits: ₹11.40 crore in various suits before District Court, Dhar where company is respondent
Employee Statistics
Total Permanent Employees: 9 as of March 31, 2026
Median Remuneration: ₹5,14,372
Average Percentile Increase in Salaries:
- Managerial Personnel: 23.33%
- Other Employees: Nil
Investor Grievance Status
Complaints received during FY 2025-26: 1
Complaints resolved during FY 2025-26: 1
Pending complaints as of March 31, 2026: 0
Website and Contact Information
Company Website: www.imecservices.in
Investor Email: investor@imecservices.in
RTA Email: investor@bigshareonline.com
RTA Phone: +91 022 62638200