AGM Details

  • Date: Wednesday, September 30, 2026
  • Time: 11:00 AM
  • Venue: Survey No. 321, Kallakal Village, Medak District, Telangana 502336
  • Business:

1. To receive, consider and adopt audited financial statements for FY ended March 31, 2026, with Auditors' Report and Board of Directors' Report

2. To re-appoint Smt. Nalini Agarwal (DIN: 07164298) as Non-Executive Director retiring by rotation

E-Voting Information

  • Remote e-voting period: September 26, 2026 (9:00 AM) to September 29, 2026 (5:00 PM)
  • Cut-off date for eligibility: September 23, 2026
  • Scrutinizer: Mr. Kashinath Sahu, Practicing Company Secretary
  • E-voting provider: CDSL

Financial Performance Highlights (Amounts in ₹ Lakhs)

| Particulars | 2025-26 | 2024-25 | Change |

| Gross Income | 7.62 | 150.16 | -95% |

| Total Expenses | 79.76 | 84.73 | -5.9% |

| Profit/(Loss) Before Tax | (72.14) | 65.43 | -210% |

| Provision for Tax | 0.01 | 5.65 | -99.8% |

| Net Profit/(Loss) After Tax | (72.15) | 59.78 | -221% |

| Paid-up Equity Share Capital | 823.50 | 823.50 | No change |

| Basic EPS (₹) | (0.88) | 0.73 | -221% |

Key Financial Position Details (as at March 31, 2026)

  • Total Assets: ₹314.46 lakhs (Previous: ₹367.82 lakhs)
  • Property, Plant & Equipment: ₹8.76 lakhs (Net after depreciation)
  • Inventories: ₹208.22 lakhs (Land and development expenses)
  • Cash & Cash Equivalents: ₹4.51 lakhs
  • Fixed Deposits: ₹100.00 lakhs
  • Total Equity: Negative ₹294.84 lakhs (Previous: Negative ₹222.69 lakhs)
  • Borrowings: ₹50.41 lakhs (Unsecured loans from related parties, interest-free)
  • Other Non-Current Liabilities: ₹300.00 lakhs (Refundable security deposit)

Operational Highlights

  • Real estate project progress slower than expected
  • Final layout permission expected in current year
  • No employees during FY26 other than Key Managerial Personnel
  • Company examining purchase of real estate assets in peripheral areas of major metro cities
  • No secured or unsecured loans from banks/financial institutions

Board and Management Details

Directors as on March 31, 2026:

1. Sri. Siddarth Sanghi - Independent, Non-Executive Director

2. Sri. Raghavendra Rahul Korlam - Independent, Non-Executive Director

3. Smt. Nalini Agarwal - Non-Executive Director

4. Sri. Rishabh Agarwal - Whole-time Director, Promoter

Key Managerial Personnel:

1. Sri. Rishabh Agarwal - Whole-time Director

2. Sri. Anil Agarwal - Chief Financial Officer

3. Smt. Krati Garg - Company Secretary

Auditor Appointments

  • Statutory Auditors: M/s. Nataraja Iyer & Co. (Appointed until 38th AGM)
  • Secretarial Auditor: M/s. Kashinath Sahu & Co. (Appointed until 38th AGM)
  • Internal Auditor: M/s. Sarang Shah & Co.

Auditor Reports

  • Statutory Auditors: Unmodified opinion on financial statements
  • Secretarial Auditor: Clean report with no material violations
  • Internal Financial Controls: Adequate and operating effectively

Corporate Governance

  • Board met 4 times during the year
  • Audit Committee and Nomination & Remuneration Committee properly constituted and functional
  • No material related party transactions except remuneration to directors
  • No fraud reported by auditors
  • No significant material orders passed by regulators/courts

Other Significant Information

  • No dividend recommended for FY26
  • No amounts transferred to Investor Education and Protection Fund
  • No deposits accepted or renewed during the year
  • Shares listed on BSE Limited; all listing dues paid
  • No application/proceedings under Insolvency and Bankruptcy Code, 2016
  • Company has no subsidiaries, associates or joint ventures