Key Quantitative Figures

  • Revenue from Operations: ₹0 lakhs (FY 2025-26) and ₹0 lakhs (FY 2024-25)
  • Other Income: ₹19.09 lakhs (FY 2025-26) and ₹612.43 lakhs (FY 2024-25)
  • Total Income: ₹19.09 lakhs (FY 2025-26) and ₹612.43 lakhs (FY 2024-25)
  • Profit/(Loss) Before Tax: (₹17.95) lakhs (FY 2025-26) and (₹35.13) lakhs (FY 2024-25)
  • Profit/(Loss) After Tax: (₹26.97) lakhs (FY 2025-26) and (₹86.32) lakhs (FY 2024-25)
  • Total Comprehensive Income: (₹25.77) lakhs (FY 2025-26) and (₹86.32) lakhs (FY 2024-25)
  • Authorized Share Capital: ₹5,00,00,000 (50,00,000 equity shares of ₹10 each)
  • Paid-up Share Capital: ₹4,09,00,000 (40,90,000 equity shares of ₹10 each)
  • Promoter Holding: 34.36% as on March 31, 2026
  • Public Holding: 65.64% as on March 31, 2026
  • Demat Shares: 83.85% of total paid-up capital
  • Current Assets: ₹322.93 lakhs (including cash & cash equivalents ₹31.60 lakhs)
  • Current Liabilities: ₹7.07 lakhs
  • Unsecured Loans: ₹1.14 lakhs from directors
  • EPS: (₹0.66) basic and diluted (FY 2025-26)

Dates of Action

  • AGM Date: Wednesday, September 30, 2026
  • AGM Time: 9:00 AM
  • AGM Venue: 302, Narayan Krupa Square, Off Ashram Road, Ahmedabad-380009, Gujarat, India
  • Cut-off Date for Voting: Wednesday, September 23, 2026
  • Remote E-voting Period: September 27, 2026 (9:00 AM) to September 29, 2026 (5:00 PM)
  • Book Closure Period: September 24, 2026 to September 30, 2026 (both days inclusive)
  • Result Declaration: On or before October 2, 2026 by 9:00 AM

Parties Involved

  • Stock Exchange: BSE Limited
  • Registrar & Share Transfer Agent: M/s. MUFG Intime India Private Limited, Ahmedabad
  • Statutory Auditor: M/s. S D P M & Co., Chartered Accountants
  • Secretarial Auditor: M/s. Harish P. Jain & Associates, Practicing Company Secretaries
  • Board of Directors: Mr. Shalin Parikh (Managing Director & CFO), Mr. Keval Parikh (Non-Executive Director), Mr. Narendra Chavda (Independent Director), Mrs. Bhavna Mehta (Independent Woman Director)
  • Company Secretary: Mrs. Punam Kumari Jain

Business Operations

  • The company is engaged in manufacturing of food products (single business segment)
  • No revenue from operations during FY 2025-26
  • Other income primarily consists of interest income (₹18.59 lakhs) and capital gains from mutual funds (₹0.50 lakhs)
  • No material changes in the nature of business during the financial year
  • No acquisitions, mergers, expansions, modernization or diversification programs
  • No material events impacting the affairs of the company

Corporate Governance

  • Board Meetings: 9 meetings held during FY 2025-26
  • Audit Committee Meetings: 4 meetings held during FY 2025-26
  • Composition: 4 directors (1 executive, 3 non-executive including 2 independent directors)
  • Committees: Audit Committee, Nomination and Remuneration Committee, Stakeholders' Relationship Committee
  • Board Evaluation: Annual evaluation conducted for board, committees and individual directors
  • Whistle Blower Policy: Implemented and operational
  • Related Party Transactions: All transactions at arm's length basis

Financial Impact

  • The company reported a net loss of ₹26.97 lakhs for FY 2025-26
  • No dividend recommended due to losses
  • No amount transferred to reserves
  • Carried forward loss of ₹550.84 lakhs in retained earnings
  • Tax expense of ₹9.03 lakhs (related to prior period adjustments)
  • No material impact quantified for contingent liabilities of ₹6.74 lakhs (disputed income tax)

Capital Structure Impact

  • No change in share capital during the year
  • No issuance of securities, ESOPs, or buybacks
  • Shareholding pattern remained largely unchanged

Forward-looking Statements

  • The company aims to meet customer demands and promote Indian cuisine worldwide
  • Focus on research and development to drive growth
  • Commitment to continue robust performance across all fronts