AGM Details

The 42nd Annual General Meeting is scheduled for Wednesday, 30th September, 2026 at 09:00 A.M. at 3rd Floor, Rajarshee Shahu Maharaj Hall, above Disha hospital, Opp Vikas College, Kannamwar Nagar 2, Vikhroli East, Mumbai.

Financial Highlights FY 2025-2026

  • Total Revenue: ₹18,672.40 lakhs (FY25: ₹9,283.95 lakhs)
  • Total Expenditure: ₹18,309.18 lakhs (FY25: ₹9,140.46 lakhs)
  • Profit Before Tax: ₹363.21 lakhs (FY25: ₹143.50 lakhs)
  • Net Profit: ₹262.17 lakhs (FY25: Net Loss of ₹103.58 lakhs)
  • Earnings Per Share (Basic): ₹0.92 (FY25: ₹0.36)
  • Earnings Per Share (Diluted): ₹0.92 (FY25: ₹0.36)

Dividend Information

The Board declared an Interim Dividend of ₹0.10 per equity share (1% of face value) for FY26 at its meeting on 14th February 2026. Record date was fixed as 26th February 2026. No final dividend recommended for FY26.

Share Capital Structure

  • Authorized Share Capital: ₹30,00,00,000 divided into 3,00,00,000 equity shares of ₹10 each
  • Paid-up Equity Share Capital: ₹28,49,78,800 comprising 2,84,97,880 equity shares of ₹10 each
  • No change in share capital during FY26

Board of Directors (as of March 31, 2026)

1. Mr. Sudhanshu Kumar Binod Kumar Mishra - Managing Director (DIN: 10686675)

2. Mr. Vatsal Agarwaal - Executive Director (DIN: 07252960)

3. Ms. Saumya Varma - Independent Non-Executive Director

4. Mr. Ashok Kumar Tyagi - Independent Non-Executive Director (DIN: 08473107)

5. Mr. Abhilash Bhaurao Borkar - Independent Non-Executive Director (DIN: 10797617)

Key Managerial Personnel

  • Mr. Ganesh Yadav - Chief Financial Officer (resigned w.e.f 25th June, 2026)
  • Mr. Prasanta Kumar Prahalad Prasad Mohanty - Company Secretary and Compliance Officer

Board Changes During FY26

  • Mr. Ganesh Yadav appointed as Director w.e.f 30th April 2025
  • Mrs. Saumya Varma appointed as Additional Director (Non-Executive Independent Woman Director) w.e.f 7th May 2025
  • Mr. Chinmoy Kumar Guha (DIN: 07706047) resigned as Independent Director w.e.f 20th February 2026
  • Mr. Abhilash Bhaurao Borkar appointed as Additional Director (Non-Executive Independent Director) w.e.f 20th February 2026

AGM Resolutions

Ordinary Business:

1. Adoption of audited financial statements for FY26 and reports of Board and Auditors

2. Re-appointment of Mr. Sudhanshu Kumar Binod Kumar Mishra as Director retiring by rotation

3. Re-appointment of M/s. Bhatter & Associates, Chartered Accountants (Firm Registration No.: 131411W) as Statutory Auditors for 5 years until 47th AGM

Special Business:

4. Appointment of Mr. Abhilash Bhaurao Borkar as Independent Director for term up to 5 years from February 20, 2026

5. Appointment of Mr. Ashok Kumar Tyagi as Independent Director for second term of 5 years from September 05, 2026 to September 05, 2031

6. Enhancement of limit for loans, guarantees and investments under Section 186 of Companies Act, 2013 up to ₹200 Crores

7. Increase in borrowing limit under Section 180(1)(c) of Companies Act, 2013 to higher of ₹200 Crores or aggregate of paid-up capital, free reserves and securities premium account

8. Appointment of M/s. Shravan A. Gupta & Associates as Secretarial Auditor for 5 financial years from FY 2026-27 to FY 2030-31

Key Appointments

  • Statutory Auditors: M/s. Bhatter & Associates, Chartered Accountants
  • Secretarial Auditors: M/s. Shravan A. Gupta & Associates
  • Banker: Union Bank of India
  • Registrar and Share Transfer Agent: Purva Sharegistry (India) Pvt. Ltd.

E-Voting Details

  • Cut-off date: Wednesday, 23rd September, 2026
  • Remote e-voting period: Sunday, 27th September, 2026 at 9:00 A.M. to Tuesday, 29th September, 2026 at 5:00 P.M.
  • Scrutinizer: CS Shravan A. Gupta, Practicing Company Secretary
  • Share Transfer Books closure: Thursday, 24th September, 2026 to Wednesday, 30th September, 2026 (both days inclusive)

Corporate Governance Compliance

The company has complied with applicable corporate governance requirements under SEBI LODR Regulations. Board met 8 times during FY26. All directors attended all meetings.

Related Party Transactions

All transactions with related parties were in ordinary course of business and at arm's length. No materially significant transactions in conflict with company's interest.

Internal Financial Controls

The company has adequate internal financial controls systems which were operating effectively during FY26.

Risk Management

The Audit Committee oversees risk management procedures. The company is exposed to market risk, interest rate risk, and credit risk, which are managed through conservative financial policies.

Material Changes Post Financial Year

No material changes or commitments affecting financial position occurred between end of financial year (March 31, 2026) and date of report (September 05, 2026).

Subsidiaries

The company does not have any subsidiary, associate or joint venture companies as of March 31, 2026.

Sexual Harassment Complaints

No complaints received under Sexual Harassment of Women at Workplace Act during FY26.

CSR Activities

Provisions of Section 135 of Companies Act, 2013 regarding CSR were not applicable to the company during FY26.