SVA India FY26 Net Loss ₹476.64 Lakhs

Total Turnover: Decreased to ₹53.99 lakhs in FY 2025-26 from ₹223.72 lakhs in FY 2024-25.
Net Profit/(Loss): Reported a net loss of ₹476.64 lakhs in FY 2025-26, compared to a net profit of ₹62.69 lakhs in the previous year.
Cash Flow from Operations: ₹7.93 lakhs for FY 2025-26.
Earnings Per Share (EPS): (₹7.13) for FY 2025-26 compared to ₹1.90 in FY 2024-25.

Total Income: ₹112.15 lakhs for FY 2025-26.
Net Profit/(Loss): Reported a consolidated net loss of ₹79.16 lakhs for FY 2025-26, which includes a share of profit from an associate of ₹408.33 lakhs.
Consolidated EPS: ₹4.91 for FY 2025-26.

Date and Time: Wednesday, September 30, 2026, at 11:00 A.M. IST.
Venue: Registered Office at 162-C, 16th Floor, Mittal Tower, Nariman Point, Mumbai - 400 021.
Business to be Transacted:
Ordinary Business: Adoption of Audited Standalone and Consolidated Financial Statements for FY ended March 31, 2026, and re-appointment of Mrs. Rakhi Gupta (DIN: 08150291) as a Director retiring by rotation.
Special Business: Appointment of M/s Deepika Mishra & Associates as Secretarial Auditors and M/s Rakesh S Kapoor & Co as Statutory Auditors, each for a term of 5 years (FY 2026-27 to FY 2030-31).

Statutory Auditors: Proposal to appoint M/s Rakesh S Kapoor & Co, Chartered Accountants (Firm Reg. No. 326369E), for a 5-year term, replacing M/s Jayesh Dadia & Associates LLP, whose tenure ended.
Secretarial Auditors: Proposal to appoint M/s Deepika Mishra & Associates, Practicing Company Secretaries (Membership No. A46839), for a 5-year term, replacing M/s Somani and Associates, whose tenure ended.
Internal Auditors: M/s Agarwal Pinky & Co, Practicing Chartered Accountant, continued as Internal Auditors; their re-appointment for FY 2025-26 is recommended.

Aussee Oats Milling (Private) Limited, Sri Lanka (Associate): Holds 50% shares. Focuses on manufacturing oats-based breakfast cereals. Ongoing litigation with joint venture partner Future Consumer Limited is noted.
Aussee Oats India Limited (Subsidiary): Became a subsidiary on January 10, 2026, after SVA India subscribed to a rights issue, acquiring 66.66% equity share capital. Engaged in selling and importing oats and oats-based products in India. Reported a net loss of ₹10.62 lakhs for FY 2025-26.

Paid-up Equity Share Capital: ₹330.26 lakhs (33,02,600 equity shares of ₹10 each).
Promoter Shareholding: 70.74% as of March 31, 2026, with no change during the year.
Listing: Equity shares are listed on the Bombay Stock Exchange (BSE) only. Listing fees for 2025-26 have been paid.

Dividend: No dividend recommended for FY 2025-26 to conserve funds for business activities.
Fixed Deposits: The company did not accept or renew any fixed deposits during the year. No unclaimed deposits or interest as of March 31, 2026.

SEBI Penalties: A penalty of ₹1,53,400 was imposed by BSE for delayed filing of financial results for the quarter ended March 31, 2026, and for not including the Impact of Audit Qualification Statement in the results for the year ended March 31, 2025.
FEMA Penalties: A penalty of ₹7,500 was imposed for incomplete submission of the ECB-2 return (Annual Performance Report).
Corporate Governance: Compliance with corporate governance norms under SEBI LODR Regulations is not applicable as the company's paid-up capital and net worth are below the specified thresholds.
Secretarial Audit Report: Qualified report from M/s Somani and Associates highlighting instances of non-compliance, including the above penalties and non-filing of certain certificates under SEBI PIT Regulations.

Whole Time Director: Mr. Abhinav Gupta (DIN: 02313375)
Chief Financial Officer: Mr. Vinod Gupta (resigned w.e.f. July 31, 2026? Note: The data lists him as CFO but also notes a resignation date; context suggests he was in office for most of the year.)
Company Secretaries: Mr. Bhaviika Jain (resigned w.e.f. July 29, 2025) and Mr. Ramesh Patwari (resigned w.e.f. July 31, 2026).
Board of Directors: Mrs. Rakhi Abhinav Gupta (Chairperson), Mr. Abhinav Gupta, Mr. Ajay Puranik (Independent, appointed w.e.f. April 1, 2025), and Mr. Sanjay Damani (Independent, appointed w.e.f. April 1, 2025).

Income Tax Demands: Disputed demands amounting to ₹37.42 lakhs (₹32.96 lakhs for AY 2009-10 and ₹4.46 lakhs for AY 2018-19) are pending in appeal before CIT(A).
GST Demand: A disputed demand of ₹8.40 lakhs for 2017-18 is pending before GSTAT.
Arbitration: Ongoing arbitration proceedings with Future Consumer Limited regarding the joint venture, Aussee Oats Milling Pvt Ltd. An amount of ₹209.26 lakhs is held in deposit related to this.
Other Legal Cases: Several cases under Section 138 of the Negotiable Instruments Act are pending at various stages.

Forward Looking Statement: The annual report contains forward-looking statements subject to risks and uncertainties.
Business Expansion: The company discusses foraying into the tea and oats products segment in Sri Lanka under the brands "BASILUR TEA" and "AUSSEE OATS".
Human Resources: The company had 5 permanent employees on its rolls as of March 31, 2026. No employee received remuneration exceeding the limits specified in the Companies Act.
Related Party Transactions: All transactions were in the ordinary course of business and at arm's length. Details are provided in Form AOC-2.
Internal Financial Controls: The company maintains adequate internal financial controls, which were operating effectively, though formal documentation is noted as an area for improvement.
Risk Management: The company has a Risk Management Policy and has identified risks related to foreign exchange, commodity prices, and business transactions.
CSR: Corporate Social Responsibility provisions are not applicable due to insufficient profits.

E-Voting: Remote e-voting was facilitated by NSDL from September 27, 2026 (9:00 AM) to September 29, 2026 (5:00 PM). Physical voting was available at the AGM.
Record Date: The Register of Members and Share Transfer Books were closed from September 24, 2026, to September 30, 2026, for the AGM.
Distribution of Report: The Annual Report was sent electronically to members with registered email IDs. Physical copies were available upon request.

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