Annual General Meeting Details

  • Meeting Date: Monday, 28th September 2026 at 11:30 AM
  • Venue: Registered Office at 2, Brabourne Road, 4th Floor, Kolkata-700001
  • Cut-off Date: Monday, 21st September 2026
  • Book Closure: From Tuesday, 22nd September to Monday, 28th September 2026 (both days inclusive)

Agenda Items

Ordinary Business:

1. Adoption of Audited Financial Statements for year ended 31st March 2026 with Directors' and Auditors' Reports

2. Re-appointment of Mr. Ramawtar Kabra (DIN: 00341280) who retires by rotation

Special Business:

3. Appointment of Mr. Vedant Raj Kabra (DIN: 10536643) as Executive Director (Ordinary Resolution)

4. Appointment of Mr. Ramawtar Kabra (DIN: 00341280) as Managing Director for 3 years with effect from 13th August 2026 (Special Resolution)

Key Financial Figures (FY 2025-2026)

  • Total Revenue: ₹14,94,24,192 (FY25: ₹25,25,45,972) - 40.8% decrease
  • Profit Before Tax: ₹39,03,347 (FY25: ₹2,13,38,772) - 81.7% decrease
  • Net Profit After Tax: ₹2,92,059 (FY25: ₹1,56,37,620) - 98.1% decrease
  • Equity Share Capital: ₹2,94,00,000 (unchanged from FY25)
  • Other Equity: ₹19,61,47,770 (FY25: ₹19,64,23,139)
  • Earnings Per Share: ₹0.10 (FY25: ₹5.32)
  • No Dividend recommended for FY26

Director Changes and Appointments

  • Mr. Vedant Raj Kabra appointed as Additional Director w.e.f 6th July 2026, to be regularized as Executive Director
  • Mr. Rajesh Kumar Kabra resigned as Managing Director w.e.f 6th July 2026
  • Mr. Ramawtar Kabra to be appointed as Managing Director for 3 years from 13th August 2026
  • Both Mr. Ramawtar Kabra and Mr. Vedant Raj Kabra have voluntarily waived their entitlement to remuneration

Shareholding Pattern (as on 31st March 2026)

  • Mr. Rajesh Kumar Kabra: 713,425 shares (24.27%)
  • Mr. Ramawtar Kabra: 191,900 shares (6.53%)
  • Ramawtar Badrinarayan Kabra HUF: 200,000 shares (6.80%)
  • Mr. Vedant Raj Kabra: 10,050 shares (0.34%)

Proposed Delisting Activities

Kabra Marble Udyog Ltd (KMUL):

  • Company holds 5,000 equity shares (2.083%) of KMUL
  • Promoter group collectively holds 1,36,500 shares (56.875%)
  • Proposed to acquire up to 1,03,500 shares (43.125%) from public shareholders
  • Intelligent Money Managers Private Limited appointed as Merchant Banker
  • Initial Public Announcement dated 6th April 2026

Kabra Steel Products Ltd (KSPL):

  • Company holds 15,000 equity shares (6.25%) of KSPL
  • Promoter group collectively holds 1,62,350 shares (67.65%)
  • Proposed to acquire up to 77,650 shares (32.35%) from public shareholders
  • Same Merchant Banker appointed for the delisting process
  • Initial Public Announcement dated 6th April 2026

Financial Ratios Analysis

Significant deterioration in key ratios:

  • Current Ratio: 1.04 (FY25: 1.22)
  • Debt-Equity Ratio: 0.59 (FY25: 0.12) - 406% increase due to higher debt
  • Return on Equity: 0.13% (FY25: 6.92%)
  • Net Profit Ratio: 0.00% (FY25: 0.07%)
  • Trade Receivables Turnover: 3.07 (FY25: 5.71)

Key Managerial Personnel

  • Managing Director: Mr. Ramawtar Kabra (from 13th August 2026)
  • Chief Financial Officer: Mr. Om Prakash Agarwal
  • Company Secretary: Mrs. Afsha Rafique Nag Chowdhury

Material Contingent Items

  • Sundry Debtors of ₹2,66,22,251 outstanding for more than 3 years and under sub-judice
  • No provision for impairment made as management considers fully recoverable based on legal opinion
  • Tax disputes involving Central Sales Tax amounting to ₹41,11,745 (FY 2010-2011) and ₹28,51,220 (FY 2011-2012) pending with Deputy Commissioner of State Tax (Appeal), Division-II, Rajkot

E-voting Arrangements

  • Remote e-voting period: 25th September 2026 (9:00 AM) to 27th September 2026 (5:00 PM)
  • CDSL appointed as e-voting agency
  • Scrutinizer: Mr. Babu Lal Patni, Practicing Company Secretary

#Tags: #KabraCommercial #AGM2026 #FY26Results #DirectorAppointment #Delisting #SEBIDisclosure #RegulatoryCompliance #FinancialUpdate #Neutral