AGM Details

The 32nd Annual General Meeting is scheduled to be held on Thursday, September 24, 2026, at 12:00 Noon (IST) through Video Conferencing/Other Audio Visual Means (VC/OAVM).

Business to be Transacted

Ordinary Business:

1. To receive, consider, approve and adopt the Audited Standalone Financial Statements for the year ended March 31, 2026, together with Auditor's Report and Directors' Report.

2. To appoint a director in place of Mrs. Vandna Dangi (DIN: 00886496) who retires by rotation and being eligible, offers herself for reappointment.

Financial Performance Highlights (Standalone)

FY 2025-26 vs. FY 2024-25 (in ₹ hundreds):

  • Total Income: ₹56,739.69 (Previous Year: ₹9,730.40) - 483% increase
  • Profit/(Loss) Before Finance Costs & Depreciation: (₹4,790.00) (Previous Year: (₹69,703.19))
  • Finance Costs: ₹1,455.58 (Previous Year: ₹4.48)
  • Profit/(Loss) Before Taxes: (₹6,249.00) (Previous Year: (₹69,703.19))
  • Total Tax Expense: ₹31.97 (Previous Year: ₹396.72)
  • Deferred Tax: ₹31.97 (Previous Year: ₹41.27)
  • Earlier Year Tax Expenses: ₹0.00 (Previous Year: ₹355.45)
  • Profit/(Loss) for the Year: (₹6,280.97) (Previous Year: (₹70,099.91))
  • Other Comprehensive Income/(Loss): (₹4,081.88) (Previous Year: (₹9,110.99))
  • Total Comprehensive Income/(Loss): (₹10,362.85) (Previous Year: (₹79,210.90))
  • Loss per Equity Share (Basic & Diluted): (₹0.13) (Previous Year: (₹1.40))

Operational Review

Total income increased significantly to ₹56.74 lakhs in FY 2025-26 compared to ₹9.73 lakhs in FY 2024-25, representing growth of more than 4.8 times due to favorable business environment. The net loss decreased from ₹70.10 lakhs to ₹6.28 lakhs due to improved operations.

Dividend and Reserves

No dividend recommended for FY 2025-26. The company transferred loss of ₹6.28 lakhs to the Profit & Loss Account under Reserves & Surplus.

Share Capital

No change in authorized (₹110 lakhs) and paid-up share capital (₹50 lakhs) during the year. The company did not issue shares with differential voting rights, stock options, or sweat equity.

Board Composition and Changes

  • Mrs. Vandna Dangi retires by rotation and offers herself for reappointment
  • Mr. Yogesh R. Choksey and Mr. Ramanathan Thirupathi (Independent Directors) completed their terms on September 29, 2025
  • Mr. Kishan Sharma and Mr. Radhey Shyam Soni appointed as Non-Executive Independent Directors effective August 12, 2025

Corporate Governance

Corporate governance provisions under SEBI LODR Regulations are not applicable as paid-up share capital (₹50 lakhs) does not exceed ₹10 crores and net worth does not exceed ₹25 crores.

Board Meetings

Five Board meetings held during the year on: May 27, 2025; August 12, 2025; November 3, 2025; January 28, 2026; and March 31, 2026.

Committee Composition

Audit Committee: Mr. Radhey Shyam Soni (Chairman), Mr. Kishan Sharma, Mr. Ramesh Kumar Jain - 4 meetings held

Nomination & Remuneration Committee: Mr. Radhey Shyam Soni (Chairman), Mr. Kishan Sharma, Mrs. Vandna Dangi - 1 meeting held

Stakeholders Relationship Committee: Mr. Lalit Kumar Dangi (Chairman), Mr. Nawal Agrawal - 1 meeting held

Key Financial Ratios

Significant changes noted in:

  • Current Ratio: 62.81 (PY: 35.35) - due to decrease in current liabilities
  • Net Profit Ratio: -11.07% (PY: -720.42%) - due to increase in operations
  • Return on Equity: -0.02 (PY: -0.19)
  • Net Capital Turnover Ratio: 15.79% (PY: 2.63%)

Investments

Quoted Investments (FVOCI): ₹75,292.05 (Book Value), ₹64,452.65 (Fair Value net of tax)

Unquoted Investments (at cost): ₹13.05

Total Equity Investments: ₹64,465.70

Related Party Transactions

  • Advances to related companies: ₹82,306.86
  • Investment in group companies: ₹13.05
  • Remuneration to KMPs: ₹1,950.00

Contingent Liabilities

Service tax demand of ₹5,987.52 for FY 2015-16 against which appeal filed and ₹515.16 deposited.

E-Voting and AGM Participation

  • Remote e-voting period: September 20, 2026 (9:00 AM) to September 23, 2026 (5:00 PM)
  • Cut-off date for determining voting rights: September 17, 2026
  • Scrutinizer: Mr. Sheetalkumar Dak, Practising Company Secretaries
  • Results to be placed on company website and communicated to BSE

Shareholding Pattern

Promoters:

  • Lalit Kumar Dangi: 11.38% (569,110 shares)
  • Vandna Dangi: 2.83% (141,410 shares)

Major Shareholders (>5%):

  • Libord Consultants Private Limited: 24.71%
  • Libord Exports Private Limited: 22.92%
  • Libord Finance Limited: 10.00%

Book Closure

Register of Members and Share Transfer Books remain closed from September 18, 2026 to September 24, 2026 (both days inclusive).

Registrar & Share Transfer Agents

M/s Ankit Consultancy Private Limited, 60, Electronic Complex, Pardeshipura, Indore - 452010