Financial Performance Highlights

  • Revenue from operations: ₹0.00 (FY 2020-21: ₹0.00)
  • Other income: ₹10,20,162.63 (down 58.38% from ₹24,51,370.36 in FY 2020-21)
  • Total expenses: ₹24,24,188.34 (up from ₹19,30,092.32 in FY 2020-21)
  • Profit/(loss) before tax: (₹14,04,025.71) (FY 2020-21: ₹5,21,278.04)
  • Profit/(loss) after tax: (₹14,04,025.71) (FY 2020-21: ₹5,21,278.04)
  • Basic and diluted EPS: (₹0.14) (FY 2020-21: ₹0.05)

Other Income Breakdown

  • Net F&O Trading Profit: ₹4,51,915.47
  • Short-Term Capital Gains: ₹3,34,916.22
  • Dividend Income: ₹1,76,490.00
  • Interest Income: ₹34,427.00 (down from ₹15.22 lakhs previous year)
  • Long-Term Capital Gains: ₹22,413.94
  • Long-Term Capital Loss: ₹17,52,725.76 (one-time)

Key Financial Ratios

  • Current Ratio: 3.39 (FY 2020-21: 2.84)
  • Debt-Equity Ratio: 0.266 (FY 2020-21: 0.111)
  • Operating Profit Margin: 0.00% (both years)
  • Net Profit Margin: (1.22%) (FY 2020-21: 0.45%)

AGM Details

  • Date: August 29, 2026
  • Time: 12:30 PM
  • Mode: Video Conference (VC) or Other Audio Visual Means (OAVM)
  • Record date: August 21, 2026
  • Remote e-voting period: August 26, 2026 (9:00 AM) to August 28, 2026 (5:00 PM)

Agenda Items

1. Adoption of audited standalone financial statements for FY ended March 31, 2022

2. Appointment of Mr. Kiran Bhogate (DIN: 07844152) as Executive Director liable to retire by rotation

3. Re-appointment of M/s. Mulraj D Gala & Co as Statutory Auditors until conclusion of AGM for FY 2025-2026

Board Composition

  • Mr. Kiran Bhogate - Executive Director (DIN: 07844152)
  • Mrs. Prajakta Ashok Patil - Non-executive Independent Director
  • Mr. Sidu Mahadev Jambhale - Non-executive Independent Director (DIN: 08549263)

Shareholding Pattern

  • Mr. Sidu Mahadev Jambhale: 208,800 equity shares
  • Mrs. Prajakta Ashok Patil: 600,000 equity shares
  • Mr. Kiran Vitthal Bhogate: 200,000 equity shares

Regulatory Compliance Issues

  • Technical synchronization error on MCA portal prevented digital filing of board proceedings
  • Delay in conducting AGMs since 2018 due to portal lockout
  • Pending statutory filings (MGT-7 and AOC-4) since FY 2017-18
  • Annual listing fees pending to BSE and MSEI
  • Trading in equity shares suspended on both exchanges

Secretarial Audit Observations

  • Non-availability of certain statutory records and documents
  • Delays in statutory filings
  • Deficiencies in composition of Board and its Committees
  • Non-compliance with certain provisions of Companies Act, 2013 and SEBI LODR Regulations

Internal Financial Controls

Company maintains internal financial control system commensurate with its size and scale, though focus was on asset preservation and minimal cost oversight due to operational dormancy.

Dividend Declaration

No dividend recommended for FY 2021-22 due to losses and need to conserve resources.

Statutory Auditors

Mulraj D Gala & Co, Chartered Accountants (FRN: 0145406W)

B-21, R C Marg, Chembur Naka, Mumbai, Maharashtra - 400017

Secretarial Auditor

Neha Anup Poddar, Company Secretaries (COP No.: 26322)

Registrar and Share Transfer Agent

Purva Sharegistry (India) Private Limited

Unit no. 9, Shiv Shakti Industrial Estate, J.R. Boricha Marg, Lower Parel (E), Mumbai - 400 011

Compliance Status

  • No fraud reported by statutory auditors
  • No pending litigation impacting financial position
  • No deposits accepted during the year
  • No subsidiary companies
  • No materially significant related party transactions
  • No CSR obligations triggered