Key Financial Figures (Amount in ₹ Thousands, unless stated)

Financial Performance for FY 2025-2026:

  • Revenue from Operations: ₹2,614.76 lakh (Previous Year: ₹2,730.75 lakh)
  • Other Income: ₹1,228.42 lakh (Previous Year: ₹281.49 lakh); includes Interest Income of ₹295.84 lakh and Capital Gain of ₹932.59 lakh.
  • Total Income: ₹3,843.19 lakh (Previous Year: ₹3,012.23 lakh)
  • Total Expenses (before finance cost, depreciation, tax): ₹2,821.39 lakh (Previous Year: ₹2,590.14 lakh)
  • Finance Costs: ₹29.73 lakh (Previous Year: ₹128.70 lakh)
  • Depreciation & Amortization: ₹117.09 lakh (Previous Year: ₹117.09 lakh)
  • Profit Before Tax (PBT): ₹874.98 lakh (Previous Year: ₹176.30 lakh)
  • Tax Expense: ₹234.49 lakh (Previous Year: ₹96.34 lakh)
  • Net Profit After Tax (PAT): ₹640.49 lakh (Previous Year: ₹79.96 lakh)
  • Earnings Per Share (EPS): ₹1.16 (Previous Year: ₹0.15)

Financial Position as at 31st March 2026:

  • Paid-up Equity Share Capital: ₹5,509.00 lakh
  • Reserves & Surplus: (₹836.95) lakh (Negative)
  • Total Assets: ₹6,510.56 lakh (Previous Year: ₹7,354.31 lakh)
  • Non-Current Assets: ₹1,207.34 lakh (Includes PPE: ₹1,043.58 lakh, Investments: ₹5.15 lakh, Deferred Tax Asset: ₹112.26 lakh)
  • Current Assets: ₹5,303.22 lakh (Includes Inventories: ₹361.34 lakh, Trade Receivables: ₹109.68 lakh, Loans: ₹4,285.46 lakh, Cash: ₹59.77 lakh)
  • Current Liabilities: ₹1,838.51 lakh (Includes Borrowings: ₹1,373.93 lakh, Provisions: ₹256.35 lakh)
  • Current Ratio: 2.88 (Previous Year: 1.74)
  • Debt-Equity Ratio: 0.29 (Previous Year: 0.78)

Dates of Action

  • Financial Year Ended: 31st March 2026
  • AGM Date: Wednesday, 30th September 2026
  • AGM Time: 11:00 AM
  • AGM Venue: Registered Office at 7-1-24/2/C, 301/A, Dhansi Surabhi Complex, Greenlands, Ameerpet, Hyderabad - 500016, Telangana.
  • E-Voting Period: From Sunday, 27th September 2026 (9:00 AM) to Tuesday, 29th September 2026 (5:00 PM). Cut-off date: Wednesday, 23rd September 2026.
  • Board Meetings Conducted: Dates provided for 6 meetings during the year: 20/05/2025, 16/07/2025, 29/07/2025, 19/09/2025, 14/11/2025, 10/02/2026.

Parties Involved

  • Statutory Auditors: M/s. Kalyana & Co., Chartered Accountants
  • Secretarial Auditors: M/s. Baheti Gupta & Co., Practicing Company Secretaries
  • Internal Auditor: Mr. Tarun Kumar Alwala (Appointed on 20/05/2025)
  • Registrar & Share Transfer Agent (RTA): M/s. Venture Capital and Corporate Investments Private Limited
  • Bankers: Mahaveer Co-Operative Urban Bank Ltd.
  • Scrutinizer for E-Voting: Mrs. Monisha Gupta, Practicing Company Secretary

Business Operations & Review

  • The company is engaged in Technology-oriented solutions including Software Development, IT Consulting, Networking Solutions, Software Testing, Training, Distribution of IT & Telecom Products, Offshore Staffing, Real estate Development and Financial Services.
  • The Chairman's letter highlights 35 years of operations, a focus on technological advancements, and ethical business practices.
  • Net profit increased significantly primarily due to a capital gain of ₹932.59 lakh and reduced finance costs.
  • Revenue from operations decreased from the previous year.
  • The company had 18 permanent employees as of 31st March 2026.

Capital Structure & Impact

  • Share Capital: Remained unchanged at ₹5,509.00 lakh (55,090,000 equity shares of ₹10 each).
  • No fresh issuance of shares (rights, preferential, bonus, sweat equity, ESOP) or buyback of securities during the year.
  • Top Shareholders (as on 31.03.2026): Ashok Kumar Jain (31.91%), Vijay Kumar Kothari (7.78%), Niruben Jitubhai Shah (5.43%).

AGM Business

Ordinary Business:

1. Adoption of audited financial statements for FY ended 31st March 2026.

2. Re-appointment of Mr. Ashok Kumar Jain (DIN: 00043840) as Director, who retires by rotation.

Special Business:

3. Special Resolution to approve giving loan(s) or guarantee(s) or providing security in connection with a loan availed by any subsidiary/associate/joint venture or any other person specified under Section 185 of the Companies Act, 2013, for an aggregate amount not exceeding ₹10 Crores.

Regulatory References & Compliance

  • The notice is issued pursuant to Section 102 of the Companies Act, 2013.
  • The explanatory statement for the special resolution justifies the need for providing financial assistance to entities where directors are interested for their principal business activities.
  • The company's shares are listed on BSE Limited (Scrip Code: 539383, ISIN: INE019D01016).
  • The company falls under exempted categories specified under Regulation 15(2)(a) of SEBI(LODR) Regulations, 2015; hence, full corporate governance provisions are not applicable.

Financial & Operational Impact (As Disclosed)

  • Dividend: No dividend recommended for FY 2025-2026.
  • Reserves: The net profit of ₹640.49 lakh is proposed to be transferred to retained earnings.
  • Loans & Advances: Details of loans given and investments made are disclosed in the financial statements. The company provided loans to directors and related parties.
  • Related Party Transactions: All transactions were on an arm's length basis. Sales to Minfy Technologies Pvt. Ltd. (where MD is interested) amounted to ₹2,614.76 lakh.
  • Internal Financial Controls: The Board's report states that internal financial controls are adequate and operating effectively.

Auditors' Reports

Statutory Auditors (M/s. Kalyana & Co.):

  • Issued an unqualified opinion on the standalone financial statements.
  • Key Audit Matter was Revenue Recognition.
  • Observed that the company does not have an internal audit system commensurate with its size and nature of business, and no internal audit reports were available for their consideration.
  • In their Annexure B report, noted a disputed liability of ₹4.05 lakh for Professional Tax pending with CTO.

Secretarial Auditors (M/s. Baheti Gupta & Co.):

  • Issued a report with qualifications.
  • Qualifications:

1. Non-compliance with Section 185 of the Companies Act, 2013 regarding advances made to persons in which directors are interested. Management explained that a resolution has been proposed for AGM approval under Section 185(2).

2. The company does not have a trade license as required under the Telangana Shops and Establishments Act, 1988. Management stated they are in the process of obtaining it.

Other Material Disclosures

  • Management Change: Ms. Monika Ashish Rathi, Company Secretary cum Compliance Officer, resigned effective 30th June 2026.
  • Directors' Remuneration: Mr. Ashok Kumar Jain (MD) was paid remuneration of ₹18.00 lakh. Sitting fees of ₹20,000 were paid to Mr. Satish Khemchand Khivsara (NED).
  • Top 10 Employees by Remuneration: Details provided, with the highest paid being the Company Secretary at ₹12.00 lakh.
  • Sexual Harassment: No complaints were received during the year under the POSH Act.
  • Corporate Social Responsibility (CSR): Provisions are not applicable to the company.
  • Cost Audit: Not applicable.