Key Quantitative Figures
- Revenue from Operations: ₹421.83 lakhs (Previous year: ₹318.56 lakhs)
- Other Income: ₹265.24 lakhs (Previous year: ₹222.65 lakhs)
- Total Income: ₹687.07 lakhs (Previous year: ₹541.21 lakhs)
- Profit Before Tax: ₹186.80 lakhs (Previous year: ₹207.67 lakhs)
- Profit After Tax: ₹145.11 lakhs (Previous year: ₹124.71 lakhs)
- Investment in Blue Energy Motors: ₹170 crores for 1 equity share and 39,00,781 compulsorily convertible preference shares
- Managing Director Remuneration: Not exceeding ₹25 lakhs per annum for Mr. Shyam Bagrodia
- Statutory Auditor Remuneration: ₹1,25,000 per annum for M/s. Vora & Associates
- Unclaimed Dividend: ₹19.29 lakhs as of 31 March 2026
- Total Comprehensive Income: ₹145.11 lakhs (Previous year: ₹5,200.83 lakhs)
- Earnings Per Share (Basic and Diluted): ₹3.45 (Previous year: ₹2.97)
Dates of Action
- AGM Date: 30 September 2026 at 3:00 PM IST
- Record Date for AGM: 23 September 2026
- Book Closure Dates: 24 September 2026 to 30 September 2026
- E-voting Period: 27 September 2026 (9:00 AM) to 29 September 2026 (5:00 PM)
- Board Meetings Held: 9 meetings during FY 2025-26
Parties Involved
- Stock Exchange: BSE Limited
- Bankers: HDFC Bank Limited
- Auditors: M/s. JMT & Associates (Outgoing), M/s. Vora & Associates (Proposed)
- Registrars & Transfer Agents: Adroit Corporate Services Pvt Ltd
- Key Management Personnel:
- Mr. Shyam Bagrodia (Managing Director from 09-10-2025)
- Mr. Deepak Berry (CFO from 07-11-2025)
- Mr. Neeraj Gupta (Non-Executive Director from 13-05-2025)
Board Changes During FY 2025-26
- Mr. Narendra Dalmia ceased as Managing Director from 12-05-2025
- Mr. Ashok M. Bhawnani ceased as Non-Executive Director from 06-11-2025
- Mr. Durgaprasad S. Sabnis ceased as Non-Executive Director from 06-11-2025
- Mr. J. Ramakrishnan ceased as Non-Executive Director from 08-10-2025
- Mr. Neeraj Gupta appointed as Non-Executive Director from 13-05-2025
- Mr. Shyam Bagrodia appointed as Managing Director from 09-10-2025
- Mr. Kusshal Ambbala ceased as CFO from 07-11-2025
- Mr. Chaitanya Kulkarni ceased as Company Secretary from 23-01-2026
AGM Agenda Items
Ordinary Business
1. Adoption of audited financial statements for FY ended 31 March 2026
2. Re-appointment of Mr. Neeraj Gupta (DIN: 00317395) who retires by rotation
Special Business
3. Appointment of Mr. Shyam Brahmadatt Bagrodia (DIN: 00812394) as Managing Director for 5 years (09-10-2025 to 08-10-2030) with remuneration not exceeding ₹25 lakhs per annum
4. Appointment of M/s. Vora & Associates (Firm Registration No. 111612W) as Statutory Auditors for 5 years from FY 2026-27 with remuneration of ₹1,25,000 per annum
Financial and Operational Impact
- The company has made a significant investment of ₹170 crores in Blue Energy Motors Limited
- No dividend recommended for FY 2025-26
- No material changes and commitments affecting financial position post year-end
- Company has adequate internal financial controls systems
- No fraud reported by auditors during the year
Capital Structure Impact
- No change in share capital during the year
- Total equity share capital remains at ₹423.10 lakhs
- 42,04,100 equity shares of ₹10 each issued, subscribed, and fully paid-up
Forward-Looking Information
- The company expects trading business to face challenges in coming years
- Focus will be on improving trading income in forthcoming financial year
- Major risks identified include investment risk and financial risk