Key Financial Figures (FY 2025-26)

  • Sales: ₹570.86 lakhs (compared to ₹0 lakhs in FY 2024-25)
  • Other Income: ₹35.00 lakhs (₹57.82 lakhs in FY 2024-25)
  • Total Income: ₹605.86 lakhs (₹57.82 lakhs in FY 2024-25)
  • Total Expenses: ₹570.90 lakhs (₹23.22 lakhs in FY 2024-25)
  • Profit Before Tax: ₹34.96 lakhs (₹34.61 lakhs in FY 2024-25)
  • Profit After Tax: ₹34.96 lakhs (₹34.61 lakhs in FY 2024-25)
  • Transfer to General Reserve: ₹34.96 lakhs
  • Earnings Per Share (Basic & Diluted): ₹0.44 (₹0.44 in FY 2024-25)

AGM Details

  • 34th Annual General Meeting scheduled for Saturday, September 26, 2026 at 11:30 AM IST
  • Meeting to be held through Video Conferencing/Other Audio-Visual Means (VC/OAVM)
  • Cut-off date for voting rights: September 18, 2026
  • Remote e-voting period: September 23, 2026 (9:00 AM) to September 25, 2026 (5:00 PM)

Business Resolutions

Ordinary Business:

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

2. Re-appointment of Mr. Dasi Reddy Rakesh (DIN: 07112785) who retires by rotation

Special Business:

3. Regularization of appointment of Mrs. Pilli Meena Kumari (DIN: 10458622) as Managing Director for 5 years from May 14, 2026 to May 13, 2031 with remuneration of ₹12,00,000 per annum

Capital Structure

  • Authorized Share Capital: ₹25,00,00,000 divided into 2,50,00,000 equity shares of ₹10 each
  • Paid-up Share Capital: ₹7,90,40,000 divided into 79,04,000 equity shares of ₹10 each
  • No change in capital structure during the year under review

Board Composition (as of March 31, 2026)

1. Mr. Lakshmanarao Kondaveti - Managing Director

2. Mr. Venkata Rao Sadhanala - Non-Executive, Non-Independent Director

3. Mr. Dasi Reddy Rakesh - Non-Executive, Non-Independent Director

4. Mr. Gundluru Reddeppa - Non-Executive Independent Director

5. Ms. Rekha Rani Naraniwal - Non-Executive Independent Director

Key Managerial Personnel

  • Mr. Viswa Prasad Sadhanala - Chief Financial Officer (appointed May 14, 2026)
  • Mrs. Nisha Chowdhary - Company Secretary & Compliance Officer

Changes in Directors/KMP During FY 2025-26

  • September 2, 2025: Mr. Chowdary Muppavarapu and Mrs. Geetha Rukmini Vankadaru resigned as Non-Executive Independent Directors
  • September 2, 2025: Mrs. Nikitha Sarda appointed as Non-Executive Independent Director
  • November 24, 2025: Mrs. Nikitha Sarda resigned as Non-Executive Independent Director
  • January 20, 2026: Ms. Rekha Rani Naraniwal appointed as Non-Executive Independent Director

Changes Subsequent to Financial Year (Till August 31, 2026)

  • May 14, 2026: Mr. Lakshmanarao Kondaveti resigned as Managing Director
  • May 14, 2026: Mrs. Pilli Meena Kumari appointed as Managing Director
  • May 14, 2026: Mr. Veera Venkata Satyanarayana Aakana resigned as Chief Financial Officer
  • May 14, 2026: Mr. Viswa Prasad Sadhanala appointed as Chief Financial Officer

Corporate Governance

  • Board met 7 times during FY 2025-26
  • Audit Committee met 4 times during the year
  • Nomination and Remuneration Committee met 2 times during the year
  • Stakeholders Relationship Committee met 1 time during the year
  • No shareholder complaints received during the year

Related Party Transactions

  • Unsecured loan of ₹2.85 lakhs from Venmax Drugs and Pharmaceuticals Limited (company with common directors)
  • Transaction approved by board on July 23, 2025

Dividend

  • No dividend recommended for FY 2025-26

Auditors

  • Statutory Auditors: M/S PPKG & CO, Chartered Accountants, Hyderabad (appointed for 5 years from FY 2024-25 to FY 2028-29)
  • Secretarial Auditors: Kashinath Sahu & Co, Company Secretaries
  • Unqualified audit reports from both auditors

Registered Office/Corporate Office

Sy.No.115/GF/J, Hanumanji Colony, Brig Sayeed, Bowenpally, Manovikasnagar, Hyderabad, Tirmalagiri, Telangana, 500009

Registrar & Share Transfer Agent

M/s. Bigshare Services Private Limited, Hyderabad

Bankers

ICICI Bank Limited, Kharkhana Branch

Material Changes and Commitments

No material changes and commitments affecting the financial position of the Company occurred between March 31, 2026 and August 31, 2026 (date of the report).

Compliance Status

  • No pending litigations impacting financial position
  • No long-term contracts with material foreseeable losses
  • No amounts required to be transferred to Investor Education and Protection Fund
  • No fraud reported during the year
  • No sexual harassment complaints received during the year
  • Adequate internal financial controls system in place