Key Quantitative Figures

  • Total Revenue (FY 2025-26): ₹15.08 lakhs (Previous year: ₹13.86 lakhs)
  • Total Expenses (FY 2025-26): ₹37.93 lakhs (Previous year: ₹31.80 lakhs)
  • Net Loss Before Tax (FY 2025-26): ₹(23.73) lakhs (Previous year: ₹(19.03) lakhs)
  • Net Loss After Tax (FY 2025-26): ₹(23.73) lakhs (Previous year: ₹(19.03) lakhs)
  • Authorized Share Capital: ₹30,00,00,000 (30 crore equity shares of ₹1 each)
  • Paid-up Share Capital: ₹8,08,09,900 (8,08,09,900 equity shares of ₹1 each)
  • Cash and Cash Equivalents (31/03/2026): ₹12,49,695
  • Trade Receivables (31/03/2026): ₹2,11,10,978
  • Long-term Provisions (Loans from directors) (31/03/2026): ₹3,11,03,134.65

Dates of Action

  • AGM Date: Tuesday, 29th September 2026 at 10:00 AM
  • Record Date for AGM: 22-09-2026 (End of Day)
  • Book Closure Period: 23-09-2026 to 29-09-2026 (both days inclusive)
  • E-voting Period: Starts 26-09-2026 at 9:00 AM to 28-09-2026 at 5:00 PM
  • Financial Year: 01-04-2025 to 31-03-2026
  • Board Meeting Dates: 30.05.2025, 14.08.2025, 04.09.2025, 14.11.2025, 14.02.2026
  • Auditor's Report Date: 29.05.2026

Parties Involved

  • Board of Directors: Mr. Surinder Singh (Managing Director), Mrs. Parminder Kaur, Mr. Inderjit Singh, Mr. Saurabh
  • Key Managerial Personnel: Ms. Manjit Kaur (CFO), Mr. Manan Khera (Company Secretary)
  • Statutory Auditors: Narinder Kumar and Company, Chartered Accountants
  • Secretarial Auditor: Anil Negi & Company, Company Secretaries
  • Registrar & Transfer Agent: M/S Mas Services Limited, New Delhi
  • Principal Banker: ICICI Bank Ltd.
  • Scrutinizer for E-voting: Mr. Anil Negi, Practicing Company Secretary

Purpose/Rationale

The 40th AGM is convened to:

1. Receive, consider and adopt the Audited Balance Sheet as at 31st March 2026 and the Profit and Loss Account for the year ended on that date

2. Appoint a Director in place of Mr. Surinder Singh (DIN: 00030011) who retires by rotation

Financial and Operational Impact

  • The company suffered a net loss of ₹23.73 lakhs due to adverse market conditions
  • No manufacturing activity during the year under review
  • No material changes or commitments affecting financial position between year-end and report date
  • No dividend recommended for the year under review
  • No amounts transferred to reserves

Capital Structure Impact

  • No change in share capital during the year under review
  • 87.4% of shares already in dematerialized form
  • Shares traded in compulsory demat mode per SEBI guidelines

Cash Flow Implications

  • Net cash outflow from operating activities: ₹(8,22,775.29)
  • Net cash outflow from investing activities: ₹(16,34,885.05)
  • Net cash inflow from financing activities: ₹29,53,938.04
  • Net increase in cash and equivalents: ₹4,96,277.70

Management Commentary

The Management Discussion & Analysis states:

  • The telecommunication industry is undergoing transformation driven by 5G, AI and IoT
  • The company operates in a competitive environment for wires and cables
  • No operations or manufacturing activity carried out during the year
  • The outlook mentions opportunities in AI infrastructure and government initiatives but also highlights cost and execution risks

Corporate Governance

  • Although not mandatorily applicable (paid-up capital < ₹10 crores, networth < ₹25 crores), the company voluntarily maintains corporate governance standards
  • Constituted Audit Committee, Nomination & Remuneration Committee, and Stakeholders' Relationship Committee
  • Adopted Vigil Mechanism cum Whistle Blower Policy and Policy for Prevention of Redressal of Sexual Harassment
  • No instances of sexual harassment reported during the year

Auditor Reports

  • Statutory Auditors issued unqualified opinion on financial statements
  • Secretarial Auditors reported compliance with applicable statutes
  • No frauds reported by auditors under section 143(12) of Companies Act, 2013

Other Material Information

  • Equity shares listed on BSE Limited (Scrip Code: 531812, ISIN: INE266C01023)