Key Quantitative Figures

  • Total Income: ₹1.67 lakh (FY 2025-26) vs ₹24.13 lakh (FY 2024-25)
  • Total Expenditure: ₹38.25 lakh (FY 2025-26) vs ₹39.10 lakh (FY 2024-25)
  • Net Loss: ₹36.62 lakh (FY 2025-26) vs ₹15.03 lakh (FY 2024-25)
  • Accumulated Loss: ₹361.21 lakh carried to balance sheet
  • Equity Share Capital: ₹502.96 lakh (unchanged from previous year)
  • Current Ratio: 0.92
  • Debt-Equity Ratio: 0.75
  • Cash and Cash Equivalents: ₹3.27 lakh
  • Employee Benefits Expense: ₹12.77 lakh
  • Finance Cost: ₹11.83 lakh
  • Professional Tax Dues: ₹20,500 for employees + ₹15,000 for company

Dates of Action

  • AGM Date: Thursday, 5th November, 2026 at 11:30 AM
  • Book Closure: 3rd November to 5th November, 2026
  • E-voting Period: 2nd November (9:00 AM) to 4th November, 2026 (5:00 PM)
  • Cut-off Date for E-voting: 29th October, 2026
  • Board Meeting Dates: 10 meetings held during FY 2025-26
  • NCLT Order Date: 28th September, 2026 (amalgamation approval)

Parties Involved

  • Company Secretary & Compliance Officer: Krishana Sharma
  • Whole-time Director: Kishor Krushna Sorap (DIN: 01835605)
  • Director & CFO: Bhavesh Ramanlal Patel (DIN: 07144964)
  • Director: Kaushik Ratanshi Bhadra (DIN: 11029006)
  • Independent Directors: Anurag Satish Tiwari, Anju Ashok Tiwari
  • Statutory Auditors: YRKDAJ and Associates LLP
  • Secretarial Auditors: Yatin Sangani & Associates
  • RTA: Satellite Corporate Services Pvt Ltd
  • Scrutinizer: Sanjay Shringarpure (PRS Associates)

AGM Agenda Items

Ordinary Business:

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

2. Re-appointment of Mr. Kaushik Ratanshi Bhadra who retires by rotation

Special Business:

3. Re-appointment of Mr. Kishor Sorap as Whole-time Director designated as Executive Director for 3 years from August 12, 2026 to August 11, 2029 at remuneration of ₹100,000 per month

Material Developments

Amalgamation:

  • National Company Law Tribunal approved Scheme of Amalgamation of Parthiv Corporate Advisory Private Limited with Inland Printers Limited
  • Appointed date: 1st January, 2023
  • Order dated 28th September, 2026 received late in September 2026
  • Financial statements prepared on standalone basis without merging transferor company's financials
  • Effect to be given in FY 2026-27

Financial Position:

  • Company incurred losses with minimal business activity due to financial constraints
  • No dividend recommended due to accumulated losses
  • No deposits accepted from public during the year
  • No material changes in nature of business
  • Going concern basis maintained despite losses

Corporate Governance:

  • All applicable secretarial standards complied with
  • Adequate internal financial controls in place
  • Vigil mechanism/whistle blower policy established
  • No fraud reported during the year
  • No material related party transactions

Capital Structure Impact

  • No change in share capital during the year
  • No issuance of sweat equity, shares with differential rights, or buyback
  • No shares in demat suspense/unclaimed suspense account

Cash Flow Implications

  • Net cash used in operating activities: ₹138.86 lakh
  • Net cash from investing activities: ₹150.00 lakh (advance for capital goods)
  • Net cash used in financing activities: ₹10.45 lakh
  • Net increase in cash: ₹0.69 lakh

Forward-looking Statements

  • Company is identifying projects for revival and growth
  • Expects better outlook in coming years
  • Financial restructuring expected to improve operational efficiency
  • Major near-term threat is lack of funds