Key Financial Figures (Standalone)

Financial Performance (₹ in Lakhs):

  • Total Income: ₹3,047.38 (FY25: ₹2,852.38) - Increase of 6.84%
  • Profit Before Tax: ₹156.31 (FY25: ₹150.36) - Increase of 3.96%
  • Profit After Tax: ₹116.97 (FY25: ₹112.10) - Increase of 4.34%
  • Earnings Per Share: ₹4.30 (FY25: ₹4.12)

Balance Sheet Position (as of March 31, 2026):

  • Total Equity: ₹1,102.56 Lakhs
  • Total Liabilities: ₹2,522.82 Lakhs
  • Total Assets: ₹2,522.82 Lakhs
  • Current Assets: ₹1,452.27 Lakhs (Inventories: ₹665.15 Lakhs, Trade Receivables: ₹756.30 Lakhs)
  • Current Liabilities: ₹1,258.21 Lakhs

Capital Structure Changes

Authorized Share Capital: Increased from ₹5 crore to ₹15 crore divided into 1.5 crore equity shares of ₹10 each, approved via postal ballot on August 12, 2026.

Paid-up Share Capital: Increased from ₹2.72 crore to ₹10.88 crore due to 3:1 bonus share issue approved via postal ballot on August 12, 2026 and allotted on August 21, 2026.

Dividend

No dividend recommended for FY 2025-26 for conservation of profits and continued business investment.

Annual General Meeting

13th AGM Details:

  • Date: Friday, September 25, 2026
  • Time: 11:30 AM
  • Mode: Video Conferencing/Other Audio Visual Means
  • Deemed Venue: Registered Office at 212 Jhalawar Service Premises, E S Patanwalla Compound, LBS Marg, Ghatkopar West, Mumbai - 400086

Agenda Items:

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

2. Re-appointment of Mr. Rohit Jitendra Dholakia (DIN: 05302050) as Whole-Time Director

3. Re-appointment of Mrs. Purvi Prashant Dholakia (DIN: 05302029) as Whole-Time Director

Voting Arrangements

Remote E-voting:

  • Period: September 22, 2026 (9:00 AM) to September 24, 2026 (5:00 PM)
  • Cut-off Date: September 18, 2026
  • Service Provider: Purva Sharegistry (India) Pvt. Ltd.
  • Scrutinizer: Mrs. Zankhana Karan Bhansali of Zankhana Bhansali & Associates

Share Transfer Book Closure: September 19, 2026 to September 25, 2026 (both days inclusive)

Board of Directors

Composition as of March 31, 2026:

  • Mr. Prashant Jitendra Dholakia (Chairman & Managing Director)
  • Mr. Rohit Jitendra Dholakia (Whole-Time Director)
  • Mrs. Purvi Prashant Dholakia (Whole-Time Director)
  • Mrs. Jagruti Rohit Dholakia (Non-Executive Director)
  • Mr. Naman Haresh Patel (Independent Director)
  • Mr. Tushar Rameshchandra Shah (Independent Director)

Changes during FY 2025-26:

  • Mr. Jainam Prashant Dholakia (Executive Director) resigned effective May 16, 2025

Director Remuneration:

  • Mr. Rohit Jitendra Dholakia: ₹5.40 lakh p.a.
  • Mr. Prashant Jitendra Dholakia: ₹5.40 lakh p.a.
  • Mrs. Purvi Prashant Dholakia: ₹5.40 lakh p.a.

Key Managerial Personnel

  • Mr. Prashant Jitendra Dholakia (Managing Director)
  • Mr. Rohit Jitendra Dholakia (Whole-Time Director)
  • Mrs. Purvi Prashant Dholakia (Whole-Time Director)
  • Mr. Jainam Prashant Dholakia (Chief Financial Officer)
  • Ms. Pooja Burad (Company Secretary and Compliance Officer)

Corporate Governance

Board Meetings: 4 meetings held during FY 2025-26 (May 16, 2025; August 26, 2025; November 13, 2025; March 9, 2026) with full attendance by all directors.

Committee Composition:

  • Audit Committee: Mr. Tushar Rameshchandra Shah (Chairman), Mr. Naman Haresh Patel, Mr. Prashant Jitendra Dholakia
  • Nomination and Remuneration Committee: Mr. Tushar Rameshchandra Shah (Chairman), Mr. Naman Haresh Patel, Mrs. Jagruti Rohit Dholakia
  • Stakeholders Relationship Committee: Mr. Tushar Rameshchandra Shah (Chairman), Mr. Prashant Jitendra Dholakia, Mrs. Purvi Prashant Dholakia

Auditors

Statutory Auditors: Kayde & Associates (Chartered Accountants) appointed for 5 years until 17th AGM

Secretarial Auditor: Zankhana Bhansali & Associates (Practicing Company Secretaries)

Internal Auditor: Sunil S Gokhale and Associates (Chartered Accountants)

Auditor's Report: Unmodified opinion with no qualifications, reservations, or adverse remarks

Operational Highlights

  • Company manufactures polymer-based woven products in Mumbai
  • Focus on woven sacks manufacturing with expertise in polymer industry
  • Management working on increasing revenue through new technologically advanced products, IT systems, sales team training, new market ventures, and better inventory management

Related Party Transactions

All transactions with related parties were conducted at arm's length and in ordinary course of business, primarily comprising director remuneration and rental payments.

Other Information

  • Bankers: Bank of India
  • Registrars and Share Transfer Agents: Purva Sharegistry India Pvt. Ltd.