Key Financial Figures (FY 2025-26)
- Turnover: ₹0 (previous year: ₹19,87,536)
- Other Income: ₹10,929 (previous year: ₹30,339)
- Total Income: ₹10,929 (previous year: ₹20,17,875)
- Total Expenses: ₹23,17,035 (previous year: ₹65,94,434)
- Profit/Loss Before Taxation: Loss of ₹23,06,106 (previous year: loss of ₹45,76,559)
- Tax Expense: ₹0 (previous year: ₹0)
- Profit/Loss After Taxation: Loss of ₹23,06,106 (previous year: loss of ₹45,76,559)
- Earnings Per Share (EPS): (₹1.65) (previous year: (₹3.27))
- Trade Receivables: ₹1,11,39,870 (due from NH Securities Ltd, an associate company)
- Cash and Cash Equivalents: ₹2,17,446 (previous year: ₹95,557)
- Borrowings (Unsecured): ₹23,20,070 (deferred sales tax loan from SICOM, carries nil interest, no repayment schedule)
AGM Details
The 38th Annual General Meeting will be held on Wednesday, 30th September, 2026 at 11:00 am (IST) through Video Conferencing (VC)/Other Audio-Visual Means (OAVM).
Business Items to be Transacted
1. Item No. 1: Adoption of audited financial statements for FY 2025-26
2. Item No. 2: Re-appointment of Mr. Abhijit Yashwant Kadam (DIN: 06756295) who retires by rotation
3. Item No. 3: Appointment of M/s R P M G and Associates, Chartered Accountants (Firm Registration No. 015428C) as Statutory Auditors in casual vacancy caused by resignation of M/s Rajesh H. Gupta & Co. effective from 13th August 2026
4. Item No. 4: Appointment of M/s R P M G and Associates for a term of 5 consecutive years from conclusion of 38th AGM until conclusion of 43rd AGM
Auditor Changes
M/s Rajesh H. Gupta & Co., Chartered Accountants (Firm Registration No. 133884W) resigned as Statutory Auditors effective 13th August 2026. The board has recommended M/s R P M G and Associates as replacement auditors at a proposed fee of ₹1,00,000 for FY 2027 plus applicable taxes.
Share Capital Details
- Authorized Capital: ₹2,00,00,000 divided into 19,50,000 equity shares of ₹10 each and 50,000 12% Redeemable Preference shares of ₹10 each
- Paid-up Capital: ₹1,40,00,970 divided into 14,00,007 equity shares of ₹10 each and 90 12% Redeemable Preference shares of ₹10 each
- No dividend recommended for FY 2025-26
Board Composition and Key Managerial Personnel
- Managing Director: Mr. Kaushik Chhotalal Shah (DIN: 00009510)
- Independent Directors: Ms. Priyanka Garg (DIN: 10427175), Mr. Raju Kumar Mishra (DIN: 10669475)
- Whole-time Director & CFO: Mr. Abhijit Yashwant Kadam (DIN: 06756295)
- Company Secretary & Compliance Officer: Ms. Pooja Jain (ACS: 43404)
Key Observations from Secretarial Audit Report
1. Company has not appointed an Internal Auditor as required under Section 138 of Companies Act, 2013
2. Mr. Raju Kumar Mishra, Independent Director, had not registered with the Independent Directors Databank maintained by IICA
3. Mr. Abhijit Yashwant Kadam is holding KMP position in more than one company, violating Section 203(3) of Companies Act, 2013
Material Developments
- The company has not carried out any business activity during FY 2025-26
- The board approved a Scheme of Amalgamation with Shivang Edibles Oils Limited on 08th April, 2026
- Registered office was shifted from Maharashtra to Madhya Pradesh on 12th December, 2025
- Tax Recovery Officer has passed orders for attachment of credit balances in some bank accounts and commenced recovery proceedings
Voting Arrangements
Remote e-voting period begins on September 27, 2026 (9:00 AM) and ends on September 29, 2026 (5:00 PM). Record date for voting rights is September 23, 2026. M/s Subhash Purohit & Associates appointed as Scrutinizer.
Additional Information
- The Annual Report is available on company website: www.pantherindustrialproductsltd.com
- Registrar and Transfer Agent: MUFG Intime India Private Limited
- Company auditors: M/s Rajesh H. Gupta & Co. (until August 13, 2026)
- Bankers: Canara Bank, HDFC Bank Ltd., Union Bank of India