Company Overview
Shricon Industries Limited (CIN: L15100RJ1984PLC040606) is a public limited company incorporated under the Companies Act, with its registered office at 112B, First Floor, Shakti Nagar, Kota, Rajasthan-324009. The company is engaged in real estate services and e-commerce activities.
40th Annual General Meeting Details
The 40th Annual General Meeting (AGM) of the company is scheduled to be held on Tuesday, August 04, 2026 at 04:00 P.M. (IST) through video conferencing/other audio-visual means. The venue is deemed to be the Registered Office of the company.
Business to be Transacted
Ordinary Business
1. To receive, consider and adopt the audited financial statements for the year ended March 31, 2026, along with reports of Board of Directors and Auditors
2. To appoint Mrs. Neelima Maheshwari (DIN: 00194928) who retires by rotation as a director
Special Business
3. Appointment of M/s Birla and Associates, Chartered Accountants as Statutory Auditor to fill casual vacancy caused by resignation of previous auditor for FY 2025-26. They are appointed w.e.f. May 28, 2026 until conclusion of 40th AGM at remuneration to be decided by Board.
4. Appointment of M/s Birla and Associates, Chartered Accountants as Statutory Auditor for a term of 5 consecutive years commencing from conclusion of 40th AGM till conclusion of 45th AGM in 2031.
5. Approval of Related Party Transactions with Career Point Edutech Limited for purchase and sale of materials and other transactions not exceeding ₹15,00,00,000 (₹15 crores) for FY 2026-27.
6. Approval of Related Party Transactions with Career Point University, Hamirpur for purchase and sale of materials and other transactions not exceeding ₹50,00,000 (₹50 lakh) for FY 2026-27.
7. Approval of loans, investments, guarantee or security under Section 185 of Companies Act, 2013 for advancing loans not exceeding ₹15 crores each to CP Capital Limited and Sankalp Capital Private Limited to meet their day-to-day working capital requirements.
Financial Performance Highlights
Financial Year 2025-26 vs 2024-25 (in lakhs)
| Particulars | 2025-26 | 2024-25 | Change |
| Income (Gross) | ₹403.39 | ₹58.83 | ₹344.56 |
| Expenditure | ₹223.25 | ₹73.66 | ₹149.59 |
| Profit/(Loss) before tax | ₹180.14 | (₹14.83) | ₹194.97 |
| Tax Expense | ₹32.30 | ₹0.00 | ₹32.30 |
| Profit/(Loss) after Tax | ₹147.84 | (₹14.83) | ₹162.67 |
Key Financial Position Indicators (as at March 31, 2026)
- Paid-up equity share capital: ₹124 lakhs (12,40,000 equity shares of ₹10 each)
- Non-current assets: ₹255.52 lakhs
- Current assets: ₹338.63 lakhs
- Current liabilities: ₹28.23 lakhs
- Cash and bank balances: ₹51.51 lakhs
- Loans and advances given: ₹206.21 lakhs
Board and Management Changes
Directors as on March 31, 2026
- Mr. Om Prakash Maheshwari (Director)
- Mrs. Neelima Maheshwari (Director)
- Mr. Manish Gupta (Independent Director)
- Mr. Manoj Jain (Chief Executive Officer)
- Mr. Sheetal Jain (Executive Director w.e.f. 20.06.2025)
- Mr. Praveen Chandna (Independent Director w.e.f. 22.07.2025)
Changes during the year
- Mr. Rahul Rohira (Independent Director) resigned on 27.06.2025
- Mr. Piyush Gupta (Chief Financial Officer) resigned on 03.07.2025
- Mr. Girish Suman appointed as Chief Financial Officer w.e.f. 22.07.2025
- Mr. Rinku Goyal (Company Secretary) resigned on 30.03.2026
Auditor Changes
M/s. R.S. Dani & Co., Chartered Accountants (FRN: 000243C), who were appointed as Statutory Auditors at the 38th AGM held on June 28, 2024, resigned with effect from May 28, 2026 due to expiration of their Peer Review Certificate.
The Board appointed M/s Birla and Associates, Chartered Accountants (FRN: 019911C) to fill the casual vacancy w.e.f. May 28, 2026 until the conclusion of the 40th AGM, and proposed their appointment for a full 5-year term.
Related Party Transactions
The company seeks shareholder approval for related party transactions with:
1. Career Point Edutech Limited: Aggregate value not exceeding ₹15 crores for FY 2026-27
2. Career Point University, Hamirpur: Aggregate value not exceeding ₹50 lakh for FY 2026-27
All transactions are stated to be on arm's length basis and in the ordinary course of business.
Loans and Investments
The company proposes to grant inter-corporate deposits/loans not exceeding ₹15 crores each to:
1. CP Capital Limited (related party where directors are interested)
2. Sankalp Capital Private Limited (related party where directors are interested)
These loans are for meeting day-to-day working capital requirements of the borrowing companies.
Corporate Governance and Compliance
- The company has complied with applicable provisions of Companies Act, 2013 and SEBI Listing Regulations
- Secretarial Audit Report by M/s. Bharat Rathore & Associates does not contain any qualifications
- Statutory Auditor's Report by M/s Birla and Associates does not contain any qualifications
- The company has adequate internal financial controls systems
- No fraud was reported by auditors under Section 143(12) of the Companies Act, 2013
Shareholding Pattern
- Promoter holding: Imperial Infin Private Limited (10.08%), Om Prakash Maheshwari (14.68%), Nawal Kishore Maheshwari (14.68%), Pramod Kumar Maheshwari (12.67%), Wellwin Technosoft Private Limited (18.73%)
- Total shares outstanding: 12,40,000 equity shares of ₹10 each
Dividend
No dividend was declared during the financial year 2025-26.
Important Dates
- Record date for AGM: July 28, 2026
- Remote e-voting period: August 1, 2026 (9:00 AM) to August 3, 2026 (5:00 PM)
- AGM date: August 4, 2026 at 4:00 PM