Financial Performance Summary

Financial Results (₹ in Lakhs)

| Particulars | 2025-26 | 2024-25 |

| Revenue from Operations | 993.57 | 2,149.63 |

| Other Income | 0.50 | 23.74 |

| Total Revenue | 994.07 | 2,173.36 |

| Purchases of Stock in Trade | 950.15 | 2,102.50 |

| Employee Benefits Expense | 3.16 | 1.63 |

| Other Expenses | 12.42 | 36.33 |

| Total Expenses | 965.74 | 2,141.42 |

| Profit Before Tax | 28.33 | 31.94 |

| Current Tax Expense | 5.83 | 8.04 |

| Deferred Tax | 0.00 | 1.10 |

| Profit After Tax | 22.50 | 25.00 |

Key Financial Position Items (as at 31st March 2026)

  • Authorized Share Capital: ₹25,00,00,000 (25 crore)
  • Paid-up Equity Share Capital: ₹18,71,36,000 (increased from ₹3,52,02,000 in previous year)
  • Non-Current Assets: ₹4.67 lakhs
  • Current Assets: ₹2,056.42 lakhs (including Trade Receivables of ₹206.25 lakhs and Other Current Assets of ₹1,851.73 lakhs)
  • Current Liabilities: ₹8.42 lakhs
  • Earnings Per Share (Basic & Diluted): ₹0.12 (previous year: ₹0.13)

Capital Structure Changes

The company allotted 1,55,10,000 equity shares of ₹10 each at a premium of ₹1.25 per share (issue price ₹11.25) through conversion of warrants on preferential basis to non-promoter category investors. This resulted in:

  • Increase in paid-up capital from ₹3,52,02,000 to ₹18,71,36,000
  • Securities premium of ₹193.88 lakhs received
  • Listing approval received from BSE on October 10, 2025 and December 12, 2025
  • Trading approval received from BSE

Annual General Meeting Details

33rd AGM Date: September 30, 2026 at 01:00 PM

Meeting Mode: Video Conferencing/Other Audio Visual Means (VC/OAVM)

Record Date: September 23, 2026

Remote e-Voting Period: September 27, 2026 (9:00 AM) to September 29, 2026 (5:00 PM)

Agenda Items

Ordinary Business:

1. Adoption of audited financial statements for FY2025-26 together with reports of Board of Directors and Auditors

Special Business:

2. Regularization of Mr. Sandeep Mahadik (DIN: 11814050) as Independent Director for 5 years from July 9, 2026 to July 8, 2031

3. Appointment of Ms. Ankita Shah, Practicing Company Secretary (COP No. 16359) as Secretarial Auditor for FY2026-27

Board and Management Changes

Appointments during FY2025-26:

  • Ms. Urvashi Jayeshbhai Gandhi as Company Secretary (01/04/2025, resigned 01/08/2025)
  • Mr. Manish Mungra as Chief Financial Officer (15/05/2025)
  • Ms. Palak Chauhan as Company Secretary (02/08/2025, resigned 30/12/2025)
  • Mr. Kishan Shantilal Kanjaria as Director (28/08/2025)
  • Mr. Girish Kalwani as Company Secretary (31/12/2025, resigned 30/05/2026)
  • Ms. Shivangi Paliwal as Company Secretary (31/05/2026, resigned 27/07/2026)

Post-Year End Changes (after 31/03/2026):

  • Resignation of Priyansh Tejas Parekh, Neepa Praful Kothari, and Vinod Prabhulal Mehta (09/07/2026)
  • Appointment of Nitish Pratapray Mehta, Hiren Dhirajlal Shah, and Sandeep Mahadik as Directors (09/07/2026)

Business Diversification

The company has diversified its business operations beyond oilseeds processing into multiple segments:

1. Real estate activities

2. Securities trading and investment

3. Textile business

4. Agro and trading business

The main object clause was altered through Special Resolution passed at EGM held on December 30, 2025 to include:

  • Information technology and software solutions in Geomatics
  • Construction and infrastructure development
  • Electrical appliances manufacturing and dealing
  • Solar energy systems manufacturing and operation

Corporate Governance Compliance

With paid-up equity share capital exceeding ₹10 crore (stood at ₹18,71,36,000), the company became subject to corporate governance provisions under Regulations 17 to 27 of SEBI LODR Regulations. The company is required to ensure compliance within six months from the date these provisions became applicable.

Auditor Appointments

Statutory Auditors: M/s. B B Gusani & Associates, Chartered Accountants (FRN: 140785W) appointed for 5 years from 32nd AGM till 37th AGM

Secretarial Auditor: CS Ankita Shah of Vast and Co. Company Secretaries LLP appointed for FY2025-26 (to be reappointed for FY2026-27 subject to AGM approval)

Internal Auditor: M/s. Shreyansh C Sheth & Associates, Chartered Accountants appointed for FY2025-26

Key Committees Composition

Audit Committee:

  • Mr. Kishan Kanjaria (Chairperson)
  • Ms. Jyoti Jashvantray Kataria (Member)
  • Mr. Vinod Prabhulal Mehta (Member)

Nomination and Remuneration Committee:

  • Ms. Jyoti Jashvantray Kataria (Chairperson)
  • Mr. Vinod Prabhulal Mehta (Member)
  • Mr. Kishan Kanjaria (Member)

Shareholders Grievance Committee:

  • Ms. Jyoti Jashvantray Kataria (Chairperson)
  • Mr. Kishan Kanjaria (Member)
  • Mr. Vinod Prabhulal Mehta (Member)

Other Material Disclosures

  • No dividend declared for FY2025-26 to conserve resources for business development
  • No deposits accepted from public during the year
  • No material orders passed by regulators/courts impacting going concern status
  • No CSR obligation as the company doesn't meet the threshold criteria
  • Related party transactions disclosed in financial statements notes
  • No fraud reported by auditors during the year under review
  • Company complied with Secretarial Standards SS-1 and SS-2

Important Dates

Financial Year: April 1, 2025 to March 31, 2026

Board Meeting Dates during FY2025-26: 15 meetings held on various dates including 28/05/2025, 01/08/2025, 07/08/2025, 14/08/2025, 28/08/2025, 29/09/2025, 07/11/2025, 30/12/2025, and 12/02/2026

AGM Date: September 30, 2026