Financial Performance Summary
Income: ₹17,945,000 for FY26 (compared to ₹18,264,310 in FY25)
Expenses: ₹26,328,000 for FY26 (compared to ₹19,361,896 in FY25)
Profit/(Loss) before Tax: (₹8,383,000) for FY26 (compared to (₹1,097,586) in FY25)
Profit after Tax: (₹8,383,000) for FY26 (compared to (₹1,097,586) in FY25)
Total Reserves: (₹20,666,508) as of March 31, 2026
Earnings per Share: (₹0.14342) basic and diluted for FY26
Capital Structure
Share Capital: ₹58,450,000 (58,450,000 equity shares of ₹1 each) - unchanged from previous year
Warrant Application Money: ₹0 (reduced from ₹137,500 in FY25)
Major Shareholders: Nilesh Malshi Savla (42.63%), Meena Nilesh Savla (28.63%)
Board of Directors & Key Managerial Personnel
Managing Director & CFO: Nilesh Malshi Savla (DIN: 05354691)
Director: Meena Nilesh Savla (DIN: 05354674)
Independent Directors: Hetal Mukesh Dave, Roshni Rajendra Shedge, Raksha Yadav
Company Secretary: Ghelabhai Batukbhai Jogani
CFO: Nilesh Malshi Savla
Auditor Changes
Resigning Auditor: M/s. MNT AND ASSOCIATES LLP (Firm Registration No. 124913W) resigned effective September 1, 2026 due to "pre-occupation"
Proposed New Auditor: VPH & Associates LLP (Firm Registration No. 126573W/W100703) to be appointed until conclusion of 46th AGM
Auditor Remuneration: To be mutually agreed between Board and auditors
Annual General Meeting Details
Date: September 29, 2026 (Tuesday)
Time: 11:30 AM
Venue: Registered Office at 52, Rayfreda Building, Junction of Mahakali Caves Holy Family Church, Chakala MIDC, Mumbai - 400093
Business:
1. Adoption of audited financial statements for FY26
2. Reappointment of Nilesh Savla who retires by rotation
3. Appointment of statutory auditor to fill casual vacancy
Share Transfer Details
Share Transfer Books Closure: September 23, 2026 to September 29, 2026 (both days inclusive)
Record Date: September 22, 2026 for AGM purposes
Registrar & Share Transfer Agent: Purva Sharegistry (India) Private Limited
E-Voting Arrangements
E-Voting Period: September 26, 2026 (9:00 AM) to September 28, 2026 (5:00 PM)
Service Provider: Central Depository Services (India) Ltd. (CDSL)
Scrutinizer: Ms. Payal Tachak of M/s. Payal Tachak & Associates
Financial Position Details
Property, Plant and Equipment: ₹15,760,587 (net block)
Investments: ₹32,595 (quoted and unquoted)
Inventory: ₹30,478,000
Cash and Cash Equivalents: ₹2,813,849
Sundry Debtors: ₹9,177,505
Loans and Advances: ₹3,364,066
Borrowings: ₹22,199,324 (including ₹16,568,851 from directors)
Trade Payables: ₹8,001,902
Current Tax Liability (Net): (₹5,642,116)
Operational Highlights
Revenue from Operations: ₹17,938,000
Other Income: ₹7,000
Purchase of Stock-in-Trade: ₹17,839,000
Employee Benefit Expenses: ₹1,780,000
Finance Cost: ₹658,000
Depreciation: ₹2,214,000
Other Expenses: ₹9,768,000 (including shop rent ₹6,015,000)
Compliance Observations
Secretarial audit by Payal Tachak & Associates noted non-compliance with:
- SEBI LODR Regulation 47 (newspaper advertisements for financial results and board meetings)
- Section 108 of Companies Act 2013 read with Rule 20 (newspaper notice for e-voting)
- Section 91 of Companies Act 2013 read with Rule 10 (newspaper advertisement for book closure)
Management explanation: "The Company has not been doing that since the financial position of the Company does not allow Board to incur such expenditure keeping in mind that the results are made available for investors and market through Stock Exchange."
Other Corporate Information
Listing: BSE Ltd.
Employee Information
Total Employees: 7 (all male)
Gender Composition: Male: 7, Female: 0, Transgender: 0
Median Remuneration Increase: 9.09%
Dividend Declaration
No dividend recommended for FY26 due to current financial status
#Tags: #RKDAgri #AnnualReport #FinancialResults #AuditorChange #SEBIDisclosure #RegulatoryCompliance #Negative