Key Financial Figures (₹ in lakhs)
- Revenue from operations: (2.24) in FY26 vs 26.01 in FY25
- Other Income: 4.69 in FY26 vs 36.44 in FY25
- Total Revenue: 2.45 in FY26 vs 62.45 in FY25
- Total Expenditure: 71.86 in FY26 vs 83.54 in FY25
- Loss before tax: (145.68) in FY26 vs (29.20) in FY25
- Total Tax Expenses: 4.28 in FY26 vs 2.74 in FY25
- Net Loss: (141.40) in FY26 vs (31.95) in FY25
- Earnings Per Share (Basic & Diluted): (4.49) in FY26 vs (1.01) in FY25
- Authorized Share Capital: ₹14,00,00,000 (increased from ₹8,00,00,000)
- Paid-up Equity Share Capital: ₹8,47,00,000
AGM Details
- Date: Saturday, 26th September, 2026
- Time: 2:00 P.M.
- Mode: Video Conferencing/Other Audio-Visual Means (e-AGM)
- Book Closure: 20th September, 2026 to 26th September, 2026 (both days inclusive)
- Cut-off date for e-voting: 19th September, 2026
- Remote e-voting period: 23rd September 2026 at 9:00 A.M. to 26th September, 2026 at 2:00 P.M.
Business Items to be Transacted
Ordinary Business
1. Adoption of audited financial statements for FY ended March 31, 2026 and reports of Board of Directors and Auditors
2. Re-appointment of Mr. Narottam Kumar Nandlal Sharma (DIN: 00794167) who retires by rotation
Special Business
3. Appointment of Mr. Rohit Mishra (DIN: 10100350) as Independent Director for 5 years from August 26, 2026
4. Appointment of Mr. Gaurang Karmakar (DIN: 09459798) as Independent Director for 5 years from August 26, 2026
5. Re-appointment of Mr. Sarthak Naresh Sharma (DIN: 08239430) as Whole-Time Director for 5 years from August 26, 2026
6. Appointment of M/s. Shravan A. Gupta & Associates as Secretarial Auditor for 5 financial years (FY2026-27 to FY2030-31)
Director Composition
As of March 31, 2026:
- Mr. Naresh Kumar Nandlal Sharma (Managing Director)
- Mr. Sarthak Naresh Sharma (Whole Time Director)
- Mr. Narottam Kumar Nandlal Sharma (Executive Director)
- Mr. Nikhil Saran Mathur (Independent Non-Executive Director)
- Ms. Milan Meghnad Shah (Independent Non-Executive Director)
Key Managerial Personnel
- Mr. Naresh Kumar Nandlal Sharma (Managing Director)
- Mrs. Neha Milan Shah (Company Secretary and Chief Financial Officer)
- Mr. Sarthak Naresh Sharma (Whole Time Director)
Regulatory and Compliance Issues
- Received demand notice from NSE for ₹47.88 lakhs towards penalties and interest for non-compliances during inspection period (April 1, 2023 to March 31, 2024)
- Outstanding dues of ₹28.39 lakhs reflected in NSE financial report as of March 31, 2026, with ₹22.50 lakhs pertaining to non-payment/delayed payment
- Inadequate system for obtaining confirmations and reconciliation of deposits, advances, receivables and payables
- Classification of trade payables between MSME and other creditors based solely on management assessment without sufficient supporting evidence
- Write-off of certain assets and write-back of trade payables involving management judgement totaling ₹29.76 lakhs and ₹188 lakhs respectively
Capital Structure Changes
- Increased authorized share capital from ₹8,00,00,000 to ₹14,00,00,000
- Issued and allotted 48,50,000 equity shares of ₹10 each on preferential basis to non-promoter category
- Paid-up equity share capital stood at ₹8,47,00,000 comprising 84,70,000 equity shares of ₹10 each
Dividend
No dividend recommended for Financial Year 2025-26 based on company's performance.
Corporate Office
806, Dev Plaza, 68, S.V. Road, Andheri West, Mumbai – 400058, Maharashtra
Registrar and Share Transfer Agent
Ankit Consultancy Private Limited, 60, Electronic Complex, Pardeshipura, Indore (M.P.) 452010
Banker
Axis Bank Limited
Important Dates
- Notice date: 26th August, 2026
- AGM date: 26th September, 2026
- Financial year end: 31st March, 2026
- Board meetings held during year: 6 times (May 29, 2025; August 11, 2025; November 12, 2025; January 5, 2026; January 30, 2026; February 9, 2026)
E-Voting Details
- CDSL will facilitate remote e-voting
- Members can vote online from September 23, 2026 at 9:00 A.M. to September 26, 2026 at 2:00 P.M.
- Scrutinizer: CS Shravan A. Gupta, Practicing Company Secretary