Key Quantitative Figures

  • Standalone Financial Performance (FY 2025-26):
  • Revenue from Operations: ₹37,75,24,236 (FY 2024-25: ₹22,90,04,876)
  • Other Income: ₹3,07,44,449 (FY 2024-25: ₹53,70,615)
  • Profit Before Tax: ₹2,93,65,579 (FY 2024-25: ₹26,34,064)
  • Profit After Tax: ₹2,47,82,423 (FY 2024-25: ₹21,52,697)
  • Basic EPS: ₹4.50 (FY 2024-25: ₹0.39)
  • Consolidated Financial Performance (FY 2025-26):
  • Profit After Tax: ₹3,89,90,693 (FY 2024-25: ₹1,13,11,074)
  • Basic EPS: ₹7.08 (FY 2024-25: ₹2.05)
  • Share Capital:
  • Authorized Capital: ₹6,00,00,000 (60,00,000 equity shares of ₹10 each)
  • Paid-up Capital: ₹5,50,80,000 (55,08,000 equity shares of ₹10 each) - unchanged during year
  • Associate Company Investments:
  • Dashmesh Weaving & Dyeing Mills Pvt Ltd: 6,73,750 shares (31.19% holding), investment value ₹39,77,550
  • Jai Maa Processors Private Limited: 11,15,800 shares (44.63% holding), investment value ₹2,26,62,500
  • Raideep Synthetics Pvt Ltd: 1,95,000 shares (30.07% holding), investment value ₹22,44,000
  • Related Party Transactions (FY 2025-26):
  • Sales to Dashmesh Weaving: ₹29,64,30,509
  • Purchases from Jai Maa Processors: ₹2,87,43,742
  • Sales to Jai Maa Processors: ₹2,78,19,338
  • Land sale to Jai Maa Processors: ₹4,00,64,000
  • Rent paid to Dashmesh Weaving: ₹1,80,000

Dates of Action

  • Board Meetings Held: 05.04.2025, 27.05.2025, 13.08.2025, 01.09.2025, 25.09.2025, 13.11.2025, 03.02.2026, 13.02.2026
  • AGM Date: 29.09.2026 at 11:30 AM
  • Book Closure: 24.09.2026 to 29.09.2026 (both days inclusive)
  • E-voting Period: 26.09.2026 (9:00 AM) to 28.09.2026 (5:00 PM)
  • Cut-off Date for E-voting: 23.09.2026

Parties Involved

  • Regulators: SEBI, BSE Limited, Calcutta Stock Exchange
  • Statutory Auditors: M/s Montek S & Associates, Chartered Accountants (FRN: 020247N)
  • Secretarial Auditor: M/s. Jain P & Associates, Practicing Company Secretaries
  • Internal Auditor: Mr. Vijay Bharti
  • Scrutinizer for E-voting: M/s. Jain P & Associates
  • RTA: Skyline Financial Services Private Limited

Director Changes

  • Resignations:
  • Mr. Sumeet Singh Bagga (Independent Director) on 27.05.2025
  • Mr. Inderbir Singh Chawla (Independent Director) on 25.09.2025
  • Ms. Parul Singh (Independent Director) on 28.04.2026
  • Appointments:
  • Ms. Parul Singh as Additional Director (27.05.2025), regularized as Independent Director at AGM on 29.09.2025
  • Ms. Somali Trivedi as Additional Director (13.08.2025), regularized as Independent Director at AGM on 29.09.2025
  • Ms. Manshi Sharma as Additional Director (Non-Executive Independent) on 29.04.2026

AGM Agenda Items

1. Ordinary Business: Adoption of audited standalone and consolidated financial statements for FY 2025-26

2. Special Business:

  • Re-appointment of Mrs. Paramjit Bhalla (DIN: 01875313) as director liable to retire by rotation
  • Regularization of Ms. Manshi Sharma (DIN: 10910467) as Independent Director for term 29.04.2026 to 28.04.2031
  • Approval of related party transactions with associate companies (Jai Maa Processors, Dashmesh Weaving, Raideep Synthetics) for purchase/sale of fabrics for 3 years w.e.f. 29.09.2026

Capital Structure Impact

No change in share capital during the year. No equity shares issued under ESOP, sweat equity, or differential rights.

Cash Flow Implications

  • Significant improvement in profitability leading to increased retained earnings
  • Land sale transaction of ₹4,00,64,000 to associate company
  • Dividend: No dividend declared for FY 2025-26

Forward-looking Statements

The Board has recommended entering into 3-year related party transaction agreements with associate companies subject to shareholder approval.

Additional Information

  • Corporate Governance: Detailed corporate governance report with committee compositions and attendance records
  • Management Discussion & Analysis: Includes industry overview, risks, opportunities, and financial performance analysis
  • Internal Financial Controls: Company maintains adequate internal financial controls systems
  • Vigil Mechanism: Whistleblower policy in place, no complaints received during the year
  • Sexual Harassment: Internal Complaints Committee constituted, no complaints received
  • CSR: Not applicable as company doesn't meet threshold criteria