AGM Details

  • Date: Friday, August 21, 2026
  • Time: 04:00 P.M. (IST)
  • Mode: Video Conferencing (VC) / Other Audio Visual Means (OAVM)
  • Cut-off Date for E-voting: Friday, August 14, 2026
  • Remote E-voting Period: August 18, 2026 (09:00 A.M.) to August 20, 2026 (05:00 P.M.)
  • E-voting Service Provider: CDSL
  • Share Transfer Book Closure: August 15, 2026 to August 21, 2026

Financial Performance (FY 2025-26)

Income Statement Highlights:

  • Revenue from Operations: ₹10,107.71 lakhs (FY 2024-25: ₹8,693.58 lakhs)
  • Other Income: ₹0.11 lakhs (FY 2024-25: ₹1.23 lakhs)
  • Total Income: ₹10,107.82 lakhs
  • Total Expenditure: ₹9,886.23 lakhs
  • Profit Before Tax: ₹221.59 lakhs (FY 2024-25: ₹331.47 lakhs)
  • Current Tax: ₹59.72 lakhs
  • Deferred Tax Credit: ₹(1.89) lakhs
  • Profit After Tax: ₹163.76 lakhs (FY 2024-25: ₹227.27 lakhs)
  • Earnings Per Share (Basic & Diluted): ₹2.62 (FY 2024-25: ₹3.64)

Balance Sheet Highlights (as at March 31, 2026):

  • Authorized Share Capital: ₹12,00,00,000 divided into 1,20,00,000 equity shares of ₹10 each
  • Paid-up Share Capital: ₹6,24,82,400 divided into 62,48,240 equity shares of ₹10 each
  • Reserves: ₹505.57 lakhs
  • Total Equity: ₹1,130.39 lakhs
  • Non-current Borrowings: ₹123.35 lakhs
  • Current Borrowings: ₹1,017.92 lakhs
  • Total Borrowings: ₹1,141.27 lakhs
  • Trade Payables: ₹1,298.52 lakhs
  • Inventories: ₹1,755.65 lakhs
  • Trade Receivables: ₹1,494.16 lakhs
  • Cash & Cash Equivalents: ₹10.26 lakhs

Business Operations Review

The company is engaged in textile business with revenue from operations increasing from the previous financial year. The company recorded satisfactory financial performance despite challenging market conditions, increased operating costs, and investments in business expansion and e-commerce initiatives.

AGM Agenda Items

Ordinary Business:

1. Adoption of Financial Statements: To receive, consider and adopt audited financial statements for FY ended March 31, 2026 with reports of Board of Directors and Auditors

2. Re-appointment of Director: Re-appointment of Ms. Parminder Kaur (DIN: 09525971) who retires by rotation

Special Business:

3. Borrowing Limit Increase: Approval to borrow funds up to ₹100 crores pursuant to Section 180(1)(c) of Companies Act, 2013

4. Excess Remuneration Waiver: Waiver of recovery of excess remuneration paid to Mr. Satnam Singh (MD) amounting to ₹1,65,300 for April 1, 2024 to March 31, 2025

5. Excess Remuneration Waiver: Waiver of recovery of excess remuneration paid to Ms. Harjot Kaur Chawla (Non-Executive Director) amounting to ₹6,16,530 (FY 2024-25) and ₹5,54,265 (FY 2025-26)

6. Excess Remuneration Waiver: Waiver of recovery of excess remuneration paid to Ms. Parminder Kaur (Non-Executive Director) amounting to ₹6,16,530 (FY 2024-25) and ₹5,54,265 (FY 2025-26)

7. Managerial Remuneration Approval: Approval for payment of managerial remuneration in excess of limits prescribed under Section 197 of Companies Act, 2013 for any financial year

8. Regularization of Director: Regularization of Mr. Parveen Bhadana (DIN: 11502975) as Whole-Time Director for 5 years effective July 16, 2026

Corporate Governance

Board Composition:

  • Managing Director: Mr. Satnam Singh (DIN: 09526002)
  • Non-Executive Directors: Ms. Parminder Kaur, Ms. Harjot Kaur Chawla (resigned w.e.f. July 16, 2026)
  • Independent Directors: Ms. Jaspreet Singh, Mr. Rajesh Khurana
  • Additional Executive Director: Mr. Parveen Bhadana (appointed w.e.f. July 16, 2026)

Key Managerial Personnel:

  • Chief Financial Officer: Mr. Satnam Singh
  • Company Secretary & Compliance Officer: Mr. Amit Kumar Sodhani

Board Committees:

  • Audit Committee: Ms. Jaspreet Singh (Chairman), Ms. Parminder Kaur, Mr. Rajesh Khurana
  • Nomination & Remuneration Committee: Ms. Jaspreet Singh (Chairman), Ms. Parminder Kaur, Mr. Rajesh Khurana
  • Stakeholder Relationship Committee: Ms. Jaspreet Singh (Chairman), Ms. Parminder Kaur, Ms. Harjot Kaur Chawla

Statutory Appointments:

  • Statutory Auditors: M/s Kapish Jain & Associates (Chartered Accountants)
  • Secretarial Auditor: M/s Vaibhav Sharma & Associates (Company Secretaries)
  • Internal Auditor: Ms. Parminder Kaur
  • Registrars & Share Transfer Agents: M/s Venture Capital and Corporate Investments Private Limited

Capital Structure Changes

During the period under review, the Company increased its Authorized Share Capital from ₹6,50,00,000 to ₹12,00,00,000 in its Extra-Ordinary General Meeting held on July 05, 2025.

Dividend

No dividend recommended for FY 2025-26 to conserve resources for future growth.

Related Party Transactions

The company has entered into transactions with related parties which are at arm's length basis during the financial year. Details of remuneration paid to directors and loans taken from directors are disclosed in the financial statements.

Risk Factors

The Board has identified that currently no significant risk factors are present which may threaten the existence of the company. The company has adequate risk management infrastructure in place.

Forward-looking Statements

The Management Discussion and Analysis contains certain forward-looking statements that involve risks and uncertainties including those inherent in the Company's growth and strategy.

#Tags: #PrabhhansIndustries #AGM2026 #SEBIDisclosure #FinancialResults #CorporateGovernance #Neutral