AGM Details

  • Meeting Date: 25th August 2026, Tuesday
  • Time: 04:00 PM IST
  • Mode: Video Conferencing (VC) / Other Audio Visual Means (OAVM)
  • Deemed Venue: Registered Office at 4, Netaji Subhas Road, 1st Floor, Kolkata – 700 001

Business to be Transacted

Ordinary Business:

1. To receive, consider and adopt Audited Financial Statements for FY 2025-2026 with Reports of Board of Directors and Auditors

2. To appoint Mr. Sanjoy Kumar Basu (DIN: 10172874) as Non-Executive Director who retires by rotation

Document Dispatch and Availability

  • Annual Report dispatched on 25th July 2026 to all eligible shareholders with registered email IDs
  • Available on company website: https://www.tspiritualworld.com/Annual%20Report/Annual%20Report.html
  • Physical copies sent to members without registered email addresses as per Regulation 36(1)(b)

Share Record Dates

  • Register of Members Closure: 19th August 2026 to 25th August 2026 (both days inclusive)
  • Cut-off Date for Voting Rights: 18th August 2026
  • Remote E-voting Period: 21st August 2026 (9:00 AM) to 24th August 2026 (5:00 PM)

Financial Performance Highlights (FY 2025-2026)

  • Total Income: ₹3.72 lakhs (Previous Year: ₹0.72 lakhs)
  • Expenses: ₹20.59 lakhs (Previous Year: ₹20.83 lakhs)
  • Net Loss After Tax: ₹(16.87) lakhs (Previous Year: ₹(20.11) lakhs)
  • Earnings Per Share: ₹(0.08) (Previous Year: ₹(0.10))
  • No dividend declared for the year
  • No transfer to reserves

Capital Structure

  • Authorized Capital: 2,30,10,000 equity shares of ₹10 each (₹2,301.00 lakhs)
  • Issued, Subscribed & Paid-up Capital: 2,00,02,000 equity shares of ₹10 each (₹2,000.20 lakhs)
  • Dematerialized Holdings: 99.99% of total share capital
  • Physical Holdings: 0.01% of total share capital (2,453 shares)

Board Composition and Changes

  • Total 4 Directors: 1 Managing Director & CEO, 1 Non-Executive Director, 2 Non-Executive Independent Directors (including 1 Woman Director)
  • Mr. Netra Bahadur Ranabhat reappointed as MD & CEO for 5 years from 19th August 2025 to 18th August 2030
  • Mrs. Priti Abhay Vakhare reappointed as Independent Director for second term of 5 years from 4th February 2026 to 3rd February 2031
  • Mr. Sanjoy Kumar Basu seeking reappointment at 40th AGM

Key Managerial Personnel

  • Mr. Netra Bahadur Ranabhat: Managing Director & CEO (Remuneration: ₹1.80 lakhs)
  • Ms. Nikita Roy: Company Secretary & Compliance Officer (Remuneration: ₹2.42 lakhs)
  • Mrs. Sushma Rana: Chief Financial Officer (Remuneration: ₹1.44 lakhs)

Corporate Governance

  • Board met 5 times during FY 2025-2026
  • Committees constituted: Audit Committee, Nomination & Remuneration Committee, Stakeholder Relationship Committee, Risk Management Committee
  • All Independent Directors submitted declarations of independence
  • Company has adopted various policies including Whistle Blower Policy, Related Party Transactions Policy, Code of Conduct

Legal and Regulatory Matters

  • Income Tax Demand: ₹18.41 lakhs for AY 2011-12 under dispute with Income Tax Appellate Authority
  • Company suspended from Calcutta Stock Exchange since 29th June 2017, process for revocation ongoing
  • No other significant material orders passed by regulators/courts

Related Party Transactions

  • All transactions with related parties were in ordinary course of business and at arm's length
  • No materially significant related party transactions requiring disclosure in form AOC-2

Share Transfer System

  • Effective 1st April 2019, securities can be transferred only in dematerialized form except transmission/transposition
  • SEBI special window from 5th February 2026 to 4th February 2027 for dematerialization of physical securities traded prior to 1st April 2019
  • Securities transferred under special window subject to 1-year lock-in period

Risk Management

  • Company has constituted Risk Management Committee
  • Framework for identification of internal and external risks including financial, operational, and cyber security risks
  • No material internal control deficiencies reported

Other Significant Disclosures

  • Company does not have any subsidiaries, joint ventures or associate companies
  • No fraud reported by statutory or secretarial auditors
  • No deposits accepted from public during the year
  • No corporate social responsibility (CSR) obligations as criteria under Section 135 not met
  • Sexual harassment complaints received during year: Nil
  • Company using accounting software with audit trail functionality enabled throughout the year

Voting Arrangements

  • Remote e-voting through CDSL/NSDL platforms
  • Scrutinizer: Mr. Rahul Bhutoria, Partner M/s. B J B and Associates
  • Results to be declared within 2 working days of AGM and posted on company website

Important Dates

  • AGM Date: 25th August 2026
  • Book Closure: 19th August 2026 to 25th August 2026
  • E-voting Period: 21st August 2026 to 24th August 2026
  • Financial Year End: 31st March 2026
  • Report Adoption Date: 28th May 2026

#Tags: #TSpiritualWorld #AGM2026 #AnnualReport #SEBIDisclosure #RegulatoryCompliance #FinancialResults #CorporateGovernance #Neutral