KMG Milk Food Limited 34th Annual Report 2025-26

Total Income: ₹566,534.55 (₹5,665,345.50) compared to ₹773,339.77 (₹7,733,397.70) in previous year
Profit Before Tax: ₹3,967.56 (₹39,675.60) compared to loss of ₹-45,436.00 (₹-454,360.00) in previous year
Net Profit/(Loss): ₹3,286.56 (₹32,865.60) profit compared to ₹-45,684.89 (₹-456,848.90) loss in previous year
Depreciation: ₹24,749.95 (₹247,499.50)
Finance Cost: ₹45,710.34 (₹457,103.40)
Tax Expenses: ₹681.00 (₹6,810.00)
Authorized Share Capital: ₹15,00,00,000 (₹15 crore)
Issued, Subscribed & Paid-up Capital: ₹5,30,46,000 (₹5.30 crore)
Long-term Borrowings: ₹560,332.09 (₹5,603,320.90)
Trade Receivables: ₹329,154.23 (₹3,291,542.30)
Inventories: ₹78,305.70 (₹783,057.00)
Cash and Cash Equivalents: ₹94,481.52 (₹944,815.20)

Financial Year: April 1, 2025 to March 31, 2026
AGM Date: September 24, 2026 at 1:00 PM
Book Closure Date: September 18, 2026 to September 24, 2026 (both days inclusive)
E-voting Period: September 21, 2026 (10:00 AM) to September 23, 2026 (5:00 PM)
Cut-off Date for E-voting: September 17, 2026
Mr. Sulekh Kumar Aggarwal ceased to be Director: December 26, 2025

Statutory Auditors: M/s. Gauri Goyal & Associates, Chartered Accountants (FRN: 036120N)
Secretarial Auditors: M/s A. Goyal & Associates, Company Secretaries
Registrar and Transfer Agent: M/s Skyline Financial Services Private Limited
Scrutinizer for AGM: Mr. Ashish Goyal, Practicing Company Secretary
Bankers: Canara Bank, HDFC Bank

1. Mr. Basudev Garg - Chairman & Whole Time Director (DIN: 00282038)

2. Mrs. Mithlesh Garg - Non-Executive Director (DIN: 00185942)

3. Mr. Prashant Chandra Pande - Independent Director

4. Mrs. Shivangi Garg - Additional Director

5. Mr. Arun Kumar Sharma - Independent Director

1. Mr. Basudev Garg - Whole-time Director

2. Mr. Jasbir Singh - Chief Financial Officer

3. Ms. Deepti Goel - Company Secretary and Compliance Officer

The company turned profitable with net profit of ₹32,865.60 after reporting loss in previous year
Total income decreased by approximately 27% year-on-year
Long-term borrowings reduced from ₹700,655.21 (₹7,006,552.10) to ₹560,332.09 (₹5,603,320.90)
No dividend declared for the year to conserve resources
No material orders passed by regulators or courts impacting going concern status
The company has no subsidiaries, joint ventures or associate companies

No change in share capital during the year
Authorized, Issued, Subscribed and Paid-up capital remained unchanged at ₹5,30,46,000 (₹5.30 crore)
Promoter holding: Mr. Basudev Garg holds 53.47% shares

The company has mentioned several legal cases:

1. Company vs. J Rai Milk Food Industry for ₹2,04,00,000 in Kurukshetra Court

2. Company vs. Rana Milk Food Pvt. Ltd. for ₹21,10,000 in MSEFC

3. Company vs. Creamy Dairy Industries Pvt. Ltd. for ₹15,88,920 in MSEFC

4. Company vs. Shree Ganesh Trading Co. for ₹128,693 + Interest

The company is engaged in manufacture and sale of dairy products including ghee, skimmed milk powder, whole milk powder, dairy whitener, lactose and milk
Corporate Governance provisions under Regulation 15(2) of SEBI LODR not applicable due to paid-up capital less than ₹10 crore and net worth less than ₹25 crore
No CSR obligation as the company doesn't meet the threshold criteria
No fixed deposits accepted during the year
No related party transactions requiring disclosure under Section 188 of Companies Act, 2013
No fraud reported by auditors
The company's equity shares are listed on BSE Limited and listing fees for 2025-26 have been paid

Annexure A: Secretarial Audit Report
Annexure B: Management Discussion and Analysis Report
Annexure C: Conservation of Energy, Technology Absorption, Research & Development and Foreign Exchange Earnings and Outgo
Annexure D: Declaration of Compliance with the Code of Conduct
Annexure E: Certification from Chief Financial Officer