18th Annual General Meeting Details
- Date: Wednesday, September 23, 2026
- Time: 1:00 PM
- Venue: Sai Kunj, Near Kali Mata Mandir, Civil Lines, Raipur, Chhattisgarh, India
- Book Closure: September 16, 2026 to September 23, 2026 (both days inclusive)
Agenda Items
Ordinary Business
1. Adoption of Financial Statements: To receive, consider and adopt standalone and consolidated financial statements for FY ended March 31, 2026 together with reports of Board of Directors and Auditors
2. Re-appointment of Director: Re-appointment of Mrs. Roma Ahuja (DIN: 00247153) who retires by rotation
Special Business
3. Alteration of MOA: To consider and approve proposal of alteration of object clause of memorandum of association by insertion of additional objects relating to:
- Real estate and land trading business
- Purchase, acquisition, development, construction, sale, transfer, lease of land and immovable properties
- Development and operation of logistics parks, warehousing facilities, industrial parks, commercial and allied infrastructure
- This is in addition to existing objects and does not prejudice current business activities
4. Related Party Transactions: Approval of material related party transactions under section 188 of Companies Act, 2013 with following parties for availing/rendering of services up to ₹10 crores each:
- Mr. Mahendra Ahuja (₹10 crores)
- Mrs. Roma Ahuja (₹10 crores)
- M Ahuja Project India Pvt. Ltd. (₹10 crores)
- AIM Infrastructure (₹10 crores)
- Total proposed limit: ₹40 crores
- Transactions to be at arm's length basis and in ordinary course of business
Financial Performance (Standalone)
Income Statement (₹ in lakhs)
| Particulars | FY 2025-26 | FY 2024-25 |
| Revenue from Operations | 0 | 1,192.61 |
| Other Income | 188.82 | 137.61 |
| Total Income | 188.82 | 1,330.23 |
| Total Expenses | 172.24 | 1,357.13 |
| Profit/(Loss) before tax | 16.58 | (26.90) |
| Tax Expense | (2.75) | (1.53) |
| Profit/(Loss) after tax | 19.33 | (25.37) |
Key Metrics
- Basic EPS: ₹0.46 (FY 2025-26) vs ₹(0.60) (FY 2024-25)
- Diluted EPS: ₹0.46 (FY 2025-26) vs ₹(0.60) (FY 2024-25)
- Net Worth: ₹1,505.16 lakhs (Mar 2026) vs ₹1,485.83 lakhs (Mar 2025)
Financial Performance (Consolidated)
Income Statement (₹ in lakhs)
| Particulars | FY 2025-26 | FY 2024-25 |
| Profit/(Loss) before tax | 16.58 | (26.90) |
| Share of profit from associate | 21.66 | (408.15) |
| Profit/(Loss) after tax | 40.99 | (433.51) |
Key Metrics
- Basic EPS: ₹0.97 (FY 2025-26) vs ₹(10.26) (FY 2024-25)
- Diluted EPS: ₹0.97 (FY 2025-26) vs ₹(10.26) (FY 2024-25)
Capital Structure
- Authorized Share Capital: ₹15,00,00,000 (1.5 crore equity shares of ₹10 each)
- Paid-up Share Capital: ₹4,22,71,000 (42,27,100 equity shares of ₹10 each fully paid-up)
- No change in share capital during FY 2025-26
Shareholding Pattern
- Mr. Mahendra Ahuja: 13,22,750 shares (31.29%)
- Mrs. Roma Ahuja: 17,89,200 shares (42.33%)
- 100% shares held in dematerialized form
Business Operations Update
- No revenue from operations during FY 2025-26 compared to ₹1,192.61 lakhs in previous year
- Diversification: Company commenced new line of business involving purchase and sale/trading of agricultural land
- Associate Company: M Ahuja Projects India Private Limited (36.36% holding) reported profit of ₹59.56 lakhs for FY 2025-26 vs loss of ₹1,122.52 lakhs in previous year
- Coal Trading: Historical business showed significant decline with no trading activity during current year
Material Changes Post Financial Year
1. Loan Repayment: Company paid off Axis Bank Car Loan of ₹2,10,00,000 with NOC received on January 6, 2026
2. Salary Revision: Mrs. Shruti Sharma, Company Secretary's salary revised from ₹30,000 to ₹35,000 per month effective April 1, 2025
3. Related Party Transactions: Members approved material RPTs in 17th AGM held on September 26, 2025
Board and Committee Composition
Directors
- Mr. Mahendra Ahuja (Managing Director, DIN: 00247075)
- Mrs. Roma Ahuja (Whole-time Executive Director, DIN: 00247153)
- Mr. Vijay Kumar Khilnani (Non-Executive Director, DIN: 09308716)
- Mr. Manish Kumar (Independent Director, DIN: 09614422)
- Mr. Mukesh Chandwani (Independent Director, DIN: 09616819)
Key Managerial Personnel
- Mr. Shakti Kumar Sinha (CFO)
- Mrs. Shruti Sharma (Company Secretary/Compliance Officer)
Board Meetings
- 4 Board meetings held during FY 2025-26 with 100% attendance by most directors
- 4 Audit Committee meetings, 2 Nomination & Remuneration Committee meetings, and 2 Stakeholder Relationship Committee meetings held
Auditor Appointments
- Statutory Auditors: M/s. Jay Gupta Agarwal & Associates, Chartered Accountants (appointed until 19th AGM in 2027)
- Internal Auditors: M/s. PSNV & Associates LLP, Chartered Accountants
- Secretarial Auditors: M/s. Nitin Agrawal & Co., Practicing Company Secretaries (re-appointed for 5 years from April 1, 2025 to March 31, 2030)
Corporate Actions
- Dividend: No dividend declared for FY 2025-26
- Bonus Issue: No bonus shares issued during the year
- Name Change: Company changed name from Reetech International Cargo and Courier Limited to Reetech International Limited effective April 25, 2025
Related Party Transactions
- All RPTs conducted at arm's length basis and in ordinary course of business
- Audit Committee and Board approved all transactions
- Revised RPT policy adopted on May 27, 2025
Other Disclosures
- CSR: Provisions not applicable as criteria not met
- Deposits: No public deposits accepted
- Internal Financial Controls: Adequate and operating effectively
- Whistle Blower Policy: No complaints received during the year
- Sexual Harassment: No cases filed during the year
Voting Arrangements
- E-voting: Not mandated for SME listed companies
- Physical Voting: Ballot polling facility available at AGM venue
- Scrutinizer: M/s. CS Nitin Agrawal & Co. appointed as scrutinizer
Investor Services
- RTA: Bigshare Services Private Limited
#Tags: #ReetechInternational #AGM2026 #AnnualReport #SEBIDisclosure #FinancialResults #RegulatoryCompliance #BusinessDiversification #Neutral