Financial Performance Summary
- Revenue from Operations: ₹0.00 (same as previous year)
- Other Income: ₹0.00 (same as previous year)
- Total Revenue: ₹0.00 (same as previous year)
- Loss Before Tax: ₹(10,85,303.00) (compared to ₹(9,08,961.00) in previous year)
- Tax Expense: ₹0.00
- Net Loss: ₹(10,85,303.00) (compared to ₹(9,08,961.00) in previous year)
- Basic and Diluted EPS: ₹(0.24) (compared to ₹(0.20) in previous year)
Key Financial Position (as at March 31, 2026)
- Total Assets: ₹2,93,07,370
- Cash and Cash Equivalents: ₹31,851
- Loans (Short Term): ₹2,81,08,500
- GST Receivable: ₹11,41,072
- Inventory: ₹17,500
- Other Current Liabilities: ₹20,52,640
- Borrowings (Unsecured Loans from Directors): ₹1,00,65,391
- Equity Share Capital: ₹4,53,55,000 (45,35,500 equity shares of ₹10 each)
- Reserves: ₹(2,81,65,661)
AGM Details
- Date: Wednesday, September 30, 2026
- Time: 03.00 P.M.
- Mode: Video Conferencing (VC)/Other Audio-Visual Means (OAVM)
- Deemed Venue: Registered Office at A/41 Nandjyot Indl Premises Co Op Soc Ltd, Sakinaka Kurla Andheri Road, Andheri (E), Mumbai - 400072
Ordinary Business Agenda
1. To receive, consider and adopt the Audited Financial Statements for FY 2025-26 together with Reports of Board of Directors and Auditors
2. To appoint a director in place of Mr. Rajesh Shrinivas Daga (DIN: 03249957) who retires by rotation and is eligible for re-appointment
Board of Directors
- Jeetmal Ramkaran Asawa - Managing Director (DIN: 07798244)
- Rajesh Shriniwas Daga - Whole-time Director (DIN: 03249957)
- Balaji Prithviraj Singh - Independent Director
- Rutu Siddharth Lodha - Independent Director
- Ganesh Shrinivas Zawar - Independent Director
Key Managerial Personnel Changes
- CS Pratik Upendra Lalwani appointed as Company Secretary w.e.f June 28, 2026
- CS Rashmi Bang resigned as Company Secretary w.e.f March 31, 2026
- Shekhar Jeetmal Asawa continues as Chief Financial Officer
Auditor Appointments
- Statutory Auditors: M/s. BMAKS & Associates, Chartered Accountants (FRN: 0121927W) appointed for 5 years until 37th AGM
- Internal Auditors: Ms. Mansi Biyani, Chartered Accountants
- Secretarial Auditors: M/s. Nikhilesh Lad & Associates, Practicing Company Secretaries
Voting Arrangements
- Remote e-voting period: September 26, 2026 (9:00 AM) to September 29, 2026 (5:00 PM)
- Cut-off date for voting eligibility: September 18, 2026
- E-voting agency: National Securities Depository Limited (NSDL)
- Scrutinizer: Mr. Shyam Vitthaldas Bhutada, Advocate
Share Capital Structure
- Authorized Capital: 50,00,000 Equity Shares of ₹10 each (₹5,00,00,000)
- Issued, Subscribed and Paid-up Capital: 45,35,500 Equity Shares of ₹10 each fully paid up (₹4,53,55,000)
- No change in share capital during the year
Significant Shareholders (above 5%)
- Bold Mines and Minerals Limited (Previously Kanoi Pharma Labs Pvt Ltd): 9.92% (4,50,000 shares)
- SCL Engineering Private Limited: 9.92% (4,50,000 shares)
- SCL Floriculture Private Limited: 9.91% (4,49,500 shares)
- Aakar Enterprises Private Limited: 9.37% (4,25,100 shares)
Operational Highlights
- Company operates as a Non-Banking Financial Company (NBFC)
- No revenue generated during FY 2025-26
- Continued focus on maintaining regulatory and operational framework
- Assessing opportunities for business revival and development
- Company maintained adequate internal control systems and risk management framework
Key Ratios and Metrics
- Return on Networth: No change compared to previous financial year
- Employee strength: 5 employees
- No dividend declared for the financial year
- No amounts transferred to reserves
Other Disclosures
- No subsidiaries, joint ventures or associate companies
- No public deposits accepted during the year
- No material changes in nature of business
- No corporate social responsibility (CSR) expenditure required
- No cost records maintenance required
- No pending litigations impacting financial position
Important Dates
- Book closure: September 26, 2026 to September 30, 2026 (both days inclusive)
- AGM date: September 30, 2026
- Financial year end: March 31, 2026
- Board meetings held: 5 times during FY 2025-26 (May 29, 2025; August 14, 2025; September 08, 2025; November 13, 2025; February 11, 2026)