Key Financial Figures (₹ in Lakhs)

  • Revenue from Operations: ₹8,589.51 (FY26) vs ₹5,248.51 (FY25) - 63.7% increase
  • Total Expenses: ₹8,108.93 (FY26) vs ₹4,796.85 (FY25)
  • Profit Before Tax: ₹480.57 (FY26) vs ₹451.71 (FY25)
  • Net Profit After Tax: ₹436.25 (FY26) vs ₹374.87 (FY25) - 16.4% increase
  • Earnings Per Share (Basic & Diluted): ₹15.93 (FY26) vs ₹13.69 (FY25)
  • Authorized Share Capital: ₹15,00,00,000 divided into 1,50,00,000 equity shares of ₹10 each
  • Paid-up Share Capital: ₹13,32,48,470 as on March 31, 2026

Capital Structure Changes

The company completed its Initial Public Offer (IPO) during the year:

  • Issued 40,94,000 equity shares of face value ₹10 each
  • Issue price: ₹30 per share (including premium of ₹20 per share)
  • Total proceeds: ₹12,28,20,000
  • Allotment date: December 17, 2025
  • Listing date: December 19, 2025 on BSE SME platform

Annual General Meeting Details

  • Date: Tuesday, 15th September, 2026
  • Time: 03:00 PM IST
  • Mode: Video Conferencing/Other Audio-Visual Means
  • Business Items:

1. Adoption of financial statements for FY 2025-26

2. Reappointment of Mr. Ashokbhai Dhanajibhai Prajapati (DIN: 09295498) as director retiring by rotation

3. Appointment of M/s Monika Chechani & Associates as Secretarial Auditors for 5 years

4. Appointment of Mr. Anil Kumar Vijayvargia (DIN: 10121143) as Independent Director for 5 years (May 22, 2026 to May 21, 2031)

Board Composition Changes

  • Appointments:
  • Mr. Anil Kumar Vijayvargia as Additional Director (Independent) from May 22, 2026
  • Ms. Arpita Jain as Company Secretary from May 26, 2026
  • Resignations:
  • Ms. Arzoo Raghubhai Rabari (Independent Director) resigned January 30, 2026
  • Ms. Pooja Manthan Patel (Company Secretary) resigned January 30, 2026

Current Board of Directors

  • Ashokbhai Dhanajibhai Prajapati - Managing Director & CFO
  • Chirag Ashokbhai Prajapati - Director
  • Priyanka Sharma - Independent Director
  • Ruchi Nagori - Independent Director
  • Anil Kumar Vijayvargia - Additional Director (Independent)

Auditor Appointments

  • Statutory Auditors: M/s. S K Bhavsar & Co (appointed for 5 years until 2029-30 AGM)
  • Secretarial Auditors: M/s. Monika Chechani & Associates (proposed for 5-year term)
  • Internal Auditors: M/s D D Shah & Co

Registrar and Share Transfer Agent

Purva Sharegistry India Private Limited, Mumbai

Key Operational Highlights

  • Business: Trading and dealing in agricultural commodities
  • Expanded retail business by opening new retail outlets
  • No change in nature of business during FY26
  • No holding/subsidiary/associate companies or joint ventures

Dividend and Reserves

  • No dividend recommended for FY26
  • Profit transferred to profit and loss account under Reserves and Surplus
  • No unclaimed dividend requiring transfer to IEPF

Audit Observations

Secretarial Audit (Monika Chechani & Associates):

  • Delay in implementation/data entry in Structured Digital Database
  • Delay in updating information/documents on company website

Statutory Audit (S K Bhavsar & Co):

  • Emphasis of Matter: Management did not furnish balance confirmation letters and reconciliation statements for certain trade receivables and payables
  • Key Audit Matter: Revenue recognition from sale of products
  • Unmodified audit opinion issued

Corporate Governance

  • Company exempt from corporate governance provisions under Regulation 15(2) of SEBI LODR as it listed on SME exchange
  • Vigil Mechanism/Whistle Blower Policy in place
  • No whistle blower events reported during FY26

Shareholding Pattern

  • Promoter Holding:
  • Ashokbhai Prajapati: 21.46% (28,60,020 shares)
  • Chirag Prajapati: 47.06% (62,70,827 shares)
  • Total promoter holding: 68.52%

Important Dates

  • Book Closure: September 9, 2026 to September 15, 2026 (both days inclusive)
  • E-voting Period: September 12, 2026 (9:00 AM) to September 14, 2026 (5:00 PM)
  • Cut-off Date for E-voting: September 8, 2026