Key Dates and Events

  • 36th AGM Date: Wednesday, September 30, 2026 at 3:00 PM through Video Conferencing (VC)/Other Audio-Visual Means (OAVM)
  • Book Closure: Register of Members and Share Transfer Books will remain closed from Thursday, September 24, 2026 to Wednesday, September 30, 2026 (both days inclusive)
  • E-voting Cut-off Date: Wednesday, September 23, 2026
  • Remote E-voting Period: Commences on Sunday, September 27, 2026 at 9:00 AM and ends on Tuesday, September 29, 2026 at 5:00 PM

Dividend Declaration

The Board of Directors has not recommended any dividend for the financial year 2025-26.

Annual Report Distribution

The Annual Report is being sent electronically to shareholders whose email addresses are registered with the Company/Depositories. Physical intimation letters containing web links are being sent to shareholders without registered email addresses.

AGM Agenda Items

Ordinary Business:

1. Adoption of audited financial statements for FY ended March 31, 2026, together with reports of Board of Directors and Auditors

2. Re-appointment of Mr. Vishal Keyal (DIN: 00092651) who retires by rotation

Special Business:

3. Ratification of remuneration payable to Cost Auditor - M/s. Vivekanandan & Unni Associates, Cost Accountants (Firm Registration No. 000085) at ₹70,000/- plus applicable taxes and reimbursement of out-of-pocket expenses for FY 2026-27

Director Information for Re-appointment

Mr. Vishal Keyal (Age: 52 years)

  • Qualifications & Experience: Graduate in Physics with extensive experience in steel and power sectors. Director since 2010.
  • Current Terms: Tenure from June 1, 2023 to May 31, 2028 with salary not exceeding ₹1,50,000 per month inclusive of all perquisites and allowances
  • Last Drawn Remuneration: ₹75,000 per month
  • Date of First Appointment: May 29, 2010
  • Shares Held: Nil
  • Board Meetings Attended: 5 out of 5 during FY
  • Other Directorships: Kanishk Metal Recycling Private Limited, Yunaay Logigo Private Limited, Indian Corporate Business Centre Limited

Financial Performance Summary (Standalone)

| Particulars | FY 2025-26 (₹ Lakhs) | FY 2024-25 (₹ Lakhs) |

| Sales | 40,657.00 | 36,000.76 |

| Profit after Interest & Depreciation | 587.84 | 1,395.40 |

| Provision for Tax | 203.16 | 402.77 |

| Profit after Tax | 134.29 | -160.54 |

| Add: Taxation Adjustments of Previous Years | - | - |

| Add: Balance of Profit brought from previous year | - | - |

| Profit available for Appropriation | 510.01 | 832.10 |

Key Financial Position Items (as of March 31, 2026)

  • Authorized Share Capital: ₹3,000 Lakhs (2,98,00,000 equity shares of ₹10 each)
  • Paid-up Equity Share Capital: ₹2,843.61 Lakhs (28,436,074 equity shares of ₹10 each)
  • Total Assets: ₹18,077.95 Lakhs
  • Total Equity: ₹11,065.37 Lakhs
  • Total Liabilities: ₹7,012.58 Lakhs

Auditor Appointments

  • Statutory Auditors: M/s. Chaturvedi & Partners, Chartered Accountants (FRN: 307068E) - appointed until 37th AGM
  • Cost Auditors: M/s. Vivekanandan & Unni Associates, Cost Accountants (FRN: 000085) - for FY 2026-27
  • Secretarial Auditors: M/s. M K Madhavan & Associates, Practising Company Secretaries (FRN: S2017TN468400) - appointed for FY 2025-26 to FY 2029-30

Corporate Governance

The company has maintained adequate internal financial controls and risk management frameworks. All related party transactions were in the ordinary course of business and at arm's length basis.

Other Significant Information

  • CSR Expenditure: ₹10.88 Lakhs spent against obligation of ₹10.78 Lakhs
  • Employee Strength: 142 employees (134 male, 8 female, 0 transgender)
  • Plant Location: B-27(M), SIPCOT Industrial Complex, Gummidipoondi, Thiruvallur District, Tamil Nadu - 602 201
  • Listed on: BSE Limited
  • Registrar and Share Transfer Agent: Cameo Corporate Services Limited