Company and Document Details

Reason for Revision

The original Annual Report was submitted to exchanges on September 3, 2026. Subsequently, an inadvertent clerical/typographical error was noticed on Page 80 under "Details of promoters shareholding". The company emphasizes this error is strictly clerical and does not impact:

  • Financial statements
  • Statutory Auditor's Report
  • Any resolutions proposed at the upcoming AGM

The revised report has been made available on the company website at www.nagreeka.com.

Financial Performance Overview (FY 2025-26 vs FY 2024-25)

| Metric | FY 2025-26 (₹ Lakhs) | FY 2024-25 (₹ Lakhs) |

| Revenue from Operations | 51,118.02 | 52,886.29 |

| Other Income | 135.40 | 84.91 |

| Total Income | 51,253.42 | 52,971.20 |

| Profit Before Tax | 406.78 | 401.42 |

| Tax Expenses | 100.59 | 84.94 |

| Profit After Tax | 306.20 | 316.47 |

| Total Comprehensive Income | 569.27 | 675.25 |

Key Financial Position Items (as of March 31, 2026)

  • Total Assets: ₹38,195.57 lakhs (Previous: ₹36,030.57 lakhs)
  • Share Capital: ₹1,562.98 lakhs (Unchanged)
  • Borrowings: ₹17,278.36 lakhs (Secured against plant assets and current assets)
  • Inventory: ₹15,570.83 lakhs (Previous: ₹13,734.94 lakhs)
  • Trade Receivables: ₹3,136.59 lakhs (Previous: ₹1,574.44 lakhs)

Dividend Recommendation

No dividend recommended for FY 2025-26 to improve liquidity for working capital requirements.

37th Annual General Meeting Details

  • Date: Tuesday, September 29, 2026
  • Time: 11:30 AM
  • Mode: Video Conferencing/Other Audio Visual Means
  • Record Date: September 22, 2026
  • Book Closure: September 23-29, 2026

AGM Business Items

Ordinary Business

1. Adoption of audited financial statements for FY 2025-26

2. Re-appointment of Mr. Debabrata Das Choudhary (DIN: 07479334) who retires by rotation

Special Business

3. Re-appointment of Mr. Sushil Patwari (DIN: 00023980) as Executive Director designated as Chairman for 5 years from October 1, 2026 to September 30, 2031 in a non-remunerative capacity (no executive compensation)

4. Re-appointment of Mr. Mahendra Ishwarlal Patwari (DIN: 00024002) as Whole-Time Director for 5 years from July 1, 2027 to June 30, 2032 with the following remuneration package:

  • Salary: ₹3,00,000 per month (with increments up to maximum ₹5,00,000 per month)
  • Perquisites: Housing allowance (60% of salary), medical expenses reimbursement, holiday travel, club fees, personal accident insurance, provident fund, gratuity, car with driver, telephone facilities
  • Minimum remuneration provision in case of inadequate profits

5. Approval for continuation of remuneration to Mr. Mahendra Ishwarlal Patwari exceeding threshold limits under Companies Act and SEBI LODR Regulations, not exceeding ₹5 crores at any time

6. Ratification of remuneration payable to Cost Auditors M/s. V. J. Talati & Co. at ₹90,000 plus taxes for FY 2026-27

Board and Management Changes During FY 2025-26

Director Appointments/Changes:

  • Mr. Debabrata Das Choudhary appointed as Whole-time Director (May 25, 2026 to May 24, 2031)
  • Mr. Pawan Kishore Harlalka reappointed as Non-Executive Independent Director (2nd term)
  • Mr. Tushar Jhunjhunwala reappointed as Non-Executive Independent Director (2nd term)
  • Ms. Priya Saraf appointed as Non-Executive Independent Woman Director (August 20, 2025)
  • Mrs. Surabhi Sanganeria resigned as Non-Executive Independent Director (September 26, 2025)

Key Managerial Personnel Changes:

  • Mrs. Monika Kedia resigned as Company Secretary & Compliance Officer (March 14, 2026)
  • Mrs. Ranu Dey Talukdar appointed as Company Secretary & Compliance Officer (May 29, 2026)

Capital Structure Changes

During FY 2025-26, the company increased its Authorised Share Capital twice:

1. From ₹20 crores to ₹35 crores (June 24, 2025)

2. From ₹35 crores to ₹50 crores (December 18, 2025)

Litigations and Contingencies

Tax Litigations (₹ in Lakhs):

| Particulars | Amount | Period | Forum |

| Income Tax | 0.95 | AY 2009-10 | ITAT, Kolkata |

| Income Tax | 3,305.30 | AY 2018-19 | CIT(A), Kolkata |

| Income Tax | 0.17 | AY 2025-26 | CPC |

| Sales Tax | 80.13 | 2009-10, 2011-12 | JC Sales Tax |

| GST | 58.31 | 2017-18, 2018-19, 2023-24 | DC/GST Appellate Authority |

Other Contingent Liabilities:

  • Bills discounted with banks: ₹1,527.54 lakhs
  • Bank guarantees: ₹511.45 lakhs

Related Party Transactions

Transactions with promoters/directors included:

  • Rent payments to directors and their relatives: ₹3.00 lakhs
  • Remuneration to directors: ₹96.66 lakhs
  • Loans outstanding from directors: ₹176.00 lakhs

All transactions were at arm's length and in ordinary course of business.

Foreign Exchange Details

  • Export Earnings: ₹19,351.99 lakhs (Previous: ₹30,693.78 lakhs)
  • Foreign Exchange Outgo: ₹1,741.66 lakhs (Previous: ₹881.57 lakhs)

Corporate Governance Compliance

The company states compliance with corporate governance requirements under SEBI LODR Regulations. A certificate from M/s. M&A Associates confirms compliance.

Voting Arrangements for AGM

  • Remote e-voting period: September 26-28, 2026 through NSDL
  • Scrutinizer: Mr. Naveen Bardia, Practicing Chartered Accountant
  • Results to be placed on company website and stock exchange websites

Other Material Information

  • The company operates manufacturing facilities in Kolhapur, Maharashtra
  • 99.55% of equity shares are in dematerialized form
  • No material changes affecting the company between April 1, 2026 and May 29, 2026
  • No deposits accepted during the year under review
  • CSR expenditure of ₹4.62 lakhs made against previous year obligation