Annual General Meeting Details

  • Date: Friday, September 18, 2026
  • Time: 10:00 A.M. (IST)
  • Venue: Diamond Plaza, 5 Gopi Ghosh Lane, Kolkata-700 012
  • Record Date for AGM: September 11, 2026
  • E-voting Period: September 15, 2026 (9:00 am) to September 17, 2026 (5:00 pm)

Business Items for AGM

Ordinary Business:

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

Special Business:

2. Appointment of Mr. Harkishan Singh (DIN: 02557810) as Chairman and Managing Director cum CEO for 5 years from July 04, 2026 to July 03, 2031

  • Basic Salary: ₹75,000 per month (net of tax) with annual increase not exceeding 10%
  • Tax component to be paid by company subject to maximum 30% of basic salary
  • Additional perquisites up to 10% of basic salary

3. Appointment of Mr. Chandra Shekhar Tibrewala (DIN: 11775562) as Whole Time Director cum CFO for 5 years from July 04, 2026 to July 03, 2031

  • Basic Salary: ₹50,000 per month (net of tax) with annual increase not exceeding 10%
  • Similar tax and perquisite structure as MD

4. Appointment of Mrs. Deepa Garg (DIN: 10740685) as Non-Executive Independent Director for 5 years from July 04, 2026

5. Appointment of Mrs. Meenu Jain (DIN: 07072779) as Non-Executive Independent Director for 5 years from July 04, 2026

6. Appointment of Mrs. Pushpa Joshi (DIN: 06838093) as Non-Executive Independent Director for 5 years from July 04, 2026

7. Approval for Loans and Investments or Guarantee or Security in excess of prescribed limits under Section 186 of Companies Act, 2013

  • Aggregate limit up to 90% of shareholders' fund

Financial Performance Highlights (Amount in lakhs)

| Particulars | FY 2025-26 | FY 2024-25 |

| Revenue from Operations | 22,772.58 | 12,069.07 |

| Other Income | 11.71 | 0.48 |

| Total Income | 22,784.29 | 12,069.55 |

| Profit Before Tax | 53.15 | 128.89 |

| Provision for Taxation | 14.67 | 35.86 |

| Profit After Tax | 38.48 | 93.03 |

| Retained Earnings | 301.89 | 287.25 |

Capital Structure Changes

  • Authorized Share Capital: Increased from ₹30 crores to ₹60 crores
  • Paid-up Share Capital: ₹297.89 lakhs consisting of 59,578,000 equity shares of ₹5 each
  • Bonus Issue: 1:1 bonus shares issued, increasing shares to 119,156,000 equity shares
  • Private Placement: Issued 2,00,00,000 shares at ₹13.50 per share (₹5 face value + ₹8.50 premium)

Dividend Declarations

  • 1st Interim Dividend: 0.02 per share declared on 59,578,000 shares
  • 2nd Interim Dividend: 0.01 per share declared on 119,156,000 shares
  • Record Dates: July 25, 2025 (1st interim) and October 31, 2025 (2nd interim)

Board Composition Changes

Resignations (effective July 7, 2026):

  • Mr. Lalit Sureka (Managing Director & CEO)
  • Mr. Sandip Dalmia (Whole Time Director)
  • Mrs. Kalpana Tekriwal (Independent Director)
  • Mrs. Chetna Gupta (Independent Director)
  • Mr. Roshni Gadia (Independent Director)

New Appointments (effective July 4, 2026):

  • Mr. Harkishan Singh (Executive Director designated as Chairman & MD cum CEO)
  • Mr. Chandra Shekhar Tibrewala (Executive Director designated as Whole Time Director cum CFO)
  • Mrs. Deepa Garg (Independent Director)
  • Mrs. Meenu Jain (Independent Director)
  • Mrs. Pushpa Joshi (Independent Director)

Key Managerial Personnel Changes

  • Mrs. Neeta Dalmia resigned as CFO effective February 14, 2026
  • Mr. Sandip Dalmia appointed as CFO effective February 14, 2026

Corporate Governance

  • Board Meetings: 10 meetings held during FY 2025-26
  • Committee Composition:
  • Audit Committee: Mrs. Meenu Jain (Chair), Mrs. Deepa Garg, Mr. Harkishan Singh
  • Nomination & Remuneration Committee: Mrs. Deepa Garg (Chair), Mrs. Meenu Jain, Mrs. Pushpa Joshi
  • Stakeholders Relationship Committee: Mrs. Meenu Jain (Chair), Mrs. Deepa Garg, Mr. Chandra Shekhar Tibrewala

Auditors

  • Statutory Auditors: M/s. MK Kothari & Associates (FRN: 323923E)
  • Internal Auditors: M/s. S. L. Prasad & Co. (appointed May 29, 2026)
  • Secretarial Auditor: CS Neha Poddar

Shareholding Pattern (as on March 31, 2026)

  • Promoter & Promoter Group: 27.65%
  • Public Shareholding: 72.35%
  • Dematerialized Shares: 100% of paid-up capital
  • Top Shareholders: Kaizen Agro Infrabuild Limited (8.39%), Shivmangal Commercial Private Limited (19.71%)

Material Subsequent Events

  • Application submitted to BSE for reclassification of promoters Anita Sureka, Lalit Sureka, Sanjay Kumar Drolia and Sangita Sureka from 'promoter' to 'public' category
  • Listing approval received for 2,00,00,000 Fully Convertible Equity Warrants at ₹13.50 per share

Other Significant Information

  • Registrar & Transfer Agent: MUFG Intime India Private Limited