Key Financial Figures (FY 2025-26)
- Total Revenue: ₹794.96 lakh (compared to ₹1,384.05 lakh in previous year)
- Total Expenses: ₹775.29 lakh
- Profit After Taxation: ₹41.34 lakh (compared to ₹200.40 lakh in previous year)
- Revenue from Operations (Trading): ₹493.53 lakh (compared to ₹816.10 lakh in previous year)
- Other Income: ₹301.42 lakh
- Paid-up Equity Share Capital: ₹800.00 lakh (80,00,000 equity shares of ₹10 each)
- Reserves and Surplus: ₹5,603.07 lakh
- Earnings Per Share (Basic & Diluted): ₹0.51 (compared to ₹2.50 in previous year)
33rd Annual General Meeting Details
- Date: Tuesday, 22nd September, 2026
- Time: 3:00 P.M.
- Venue: Golden Industrial Estate, Plot No 28/B, Asian Paints Jitali Road, village Jitali, Taluka Ankleshwar, Dist Bharuch, Gujarat 393001
- Business to be transacted:
1. Adoption of Audited Financial Statements for FY ended March 31, 2026 (Ordinary Resolution)
2. Appointment of M/s. V Kumar and Associates as Secretarial Auditor for 5 years from FY 2026-27 to 2030-31 at remuneration of ₹20,000 plus applicable taxes per year (Ordinary Resolution)
Record Date and Share Transfer Book Closure
- Record Date: Wednesday, September 16, 2026
- Share Transfer Book Closure: From Saturday, 12th September, 2026 to Monday, 21st September, 2026 (both days inclusive)
Board and Management Details
- Managing Director: Mr. Sandeep Seth (DIN: 00316075)
- Whole-time Director: Mrs. Anisha Sandeep Seth (DIN: 06867960)
- Independent Directors: Mr. Deepak Jagannath Roy (DIN: 08023836), Mr. Gajraj Ramsuphal Mishra (DIN: 09454405), Mr. Roshan Narayandas Chowdhry (DIN: 01625827)
- Chief Financial Officer: Mr. Mahalinga Booba Kotian
- Company Secretary & Compliance Officer: Ms. Madhuri Ilesh Savla
- Statutory Auditors: M/s Parveen Lokwani & Co. (appointed for 5 years until conclusion of 35th AGM)
- Internal Auditor: M/s Pushp K. Sahu & Co (for FY 2026-27)
Dividend and Reserves
- No dividend recommended for FY 2025-26 to conserve cash
- No amount transferred to General Reserves
- All earnings retained for future investments and supporting company's growth
Operational Highlights
- Company engaged in wholesale trading of specialty chemicals and commodities
- Revenue decline attributed to intensified competition in chemical trading industry
- Company has started importing chemicals from Dubai
- Exploring opportunities in Leasing and Rental Services
- Maintaining strong distributor network
- Focus on cost optimization and operational efficiencies
Corporate Governance Compliance
- Conducted 5 Board meetings during FY 2025-26
- All mandatory committees constituted (Audit, Nomination & Remuneration, Stakeholders Relationship)
- Whistle Blower Policy implemented
- Code of Conduct for Directors and Senior Management
- Familiarization program for Independent Directors
- Annual performance evaluation of Board and committees conducted
Shareholding Pattern (as on March 31, 2026)
- Promoter & Promoter Group: 57.32% (45,85,803 shares)
- Public Shareholding: 42.68% (34,14,197 shares)
- Institutions: 0.13%
- Non-Institutions: 42.55%
Electronic Voting Instructions
- Remote e-voting period: September 19, 2026 (9:00 AM) to September 21, 2026 (5:00 PM)
- E-voting service provider: Bigshare Services Pvt. Ltd.
- Scrutinizer: M/s. V Kumar and Associates
Important Notes
- The Statutory Auditor's Report does not contain any qualification, reservation, adverse remark or disclaimer
- The Secretarial Audit Report noted one non-compliance relating to filing of Annual Secretarial Compliance Report in XBRL format for which a fine was imposed by BSE
- No material related party transactions during the financial year
- No significant and material orders passed by regulators/courts that would impact going concern status
- No fraud reported by auditors under section 143(12) of Companies Act, 2013