AGM Details

  • Date: Monday, September 28, 2026
  • Time: 11:30 AM IST
  • Mode: Video Conferencing/Other Audio Visual Means (VC/OAVM) without physical presence of members
  • Record Date: September 21, 2026
  • Book Closure: September 22, 2026 to September 28, 2026 (both days inclusive)
  • E-voting Period: September 25, 2026 (9:00 am) to September 27, 2026 (5:00 pm) via NSDL

Business to be Transacted

Ordinary Business:

1. To receive, consider and adopt Audited Standalone Financial Statements for FY ended March 31, 2026 along with Reports of Board of Directors and Auditors

2. To appoint director in place of Mr. Alok Kumar Das (DIN: 00243572) who retires by rotation and offers himself for re-appointment

Financial Highlights (₹ in Lakh)

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

| Revenue (including other income) | 266.26 | 118.24 |

| Profit/(Loss) before Tax | (107.58) | (222.51) |

| Profit/(Loss) after Tax | (46.81) | (222.32) |

| Profit/(Loss) available for appropriation | (46.81) | (269.71) |

| Profit/(Loss) brought forward | (242.49) | 27.22 |

| Balance carried forward | (289.30) | (242.49) |

Revenue Breakdown: Includes ₹33.98 lakh from sale of equity shares, ₹16.82 lakh from fixed deposits, ₹98.48 lakh interest income on unsecured loans, ₹109.87 lakh from sale of investments, and ₹2.84 lakh dividend on equity shares.

Share Capital & Listing

  • Paid-up Equity Share Capital: ₹4702.7325 crore consisting of 47,02,73,250 equity shares of ₹1 each
  • Listed on: BSE Limited and Calcutta Stock Exchange (CSE)
  • Shares in demat form: 97.73% of public shareholding
  • No shares with differential voting rights, stock options, or sweat equity issued

Director Reappointment

Mr. Alok Kumar Das (DIN: 00243572), Non-Executive Director, retires by rotation and seeks re-appointment. He was appointed on August 28, 2017, holds 600,000 equity shares (0.45% of paid-up capital), and receives remuneration of up to ₹10,000 per meeting plus out-of-pocket expenses.

Auditors

Statutory Auditors: M/s. S P M L & Associates, Chartered Accountants, Mumbai (FRN: 136549W) appointed for first term of five years at 41st AGM (until conclusion of 46th AGM). No ratification sought due to Companies (Amendment) Act, 2017.

Secretarial Auditor: Mrs. Kriti Daga, Practicing Company Secretary (C.P. No. 14023)

Internal Auditor: M/s G R P S & Co., Chartered Accountants, Kolkata (FRN: 0327763E)

Key Management Personnel

  • Mr. Sanjay Mishra: Chairman & Managing Director (DIN: 09048557)
  • Mr. Ajay Mishra: Chief Financial Officer
  • Mr. Santosh Pandey: Company Secretary (appointed November 1, 2025, replacing Ms. Neha Agarwal who resigned October 31, 2025)

Board of Directors

  • Mr. Alok Kr. Das (Non-Executive Director)
  • Mrs. Sudipta Bhattacharya (Independent Director)
  • Ms. Haimonti Das (Independent Director)
  • Mr. Sanjay Mishra (Chairman & Managing Director)

Regulatory Compliance Matters

Statutory Auditors' Emphasis of Matters:

1. Certain balances of trade receivables, payables, and loans subject to confirmation and reconciliation

2. Company meets NBFC criteria under RBI Act but hasn't obtained registration

3. Stock-in-trade of shares in listed companies not currently traded, valued at last traded rates (₹2.97 lakh)

4. Advances totaling ₹587.37 lakh given for share acquisition pending settlement

5. Investment in Salcete Brewing Limited (>50% holding) but control transfer expected from April 1, 2026

6. Interest income not recognized on some loans due to uncertainty of recovery

Secretarial Audit Qualifications:

  • Company did not take CSE approval for its Right Issue and filed listing application later, pending CSE consideration

Related Party Transactions

All transactions with related parties were in ordinary course of business at arm's length basis. No materially significant transactions in conflict with company's interest.

Corporate Governance

Company has established policies for:

  • Related Party Transactions
  • Nomination and Remuneration
  • Whistle Blower/Vigil Mechanism
  • Board Diversity
  • Familiarization Program for Independent Directors

Risk Factors

Company exposed to:

  • Market risk (price fluctuations in quoted investments)
  • Liquidity and interest rate risk
  • Credit risk on loans and advances

Other Disclosures

  • No dividend declared for FY 2025-26
  • No deposits accepted from public under Section 73 of Companies Act, 2013
  • No material orders passed by regulators/courts impacting going concern status
  • No CSR initiatives as provisions not applicable to company
  • No foreign exchange earnings/outgo during the year

Signed By

Mr. Sanjay Mishra (Managing Director) and Mr. Santosh Pandey (Company Secretary) on September 4, 2026