Key Decisions Approved

1. Financial Results Approval

  • The Board approved the Un-Audited Standalone and Consolidated Financial Results for the quarter ended June 30, 2026.
  • The meeting was held from 4:00 PM to 7:40 PM at the company's registered office in Burhanpur, Madhya Pradesh.

2. Preferential Issue to Promoters

  • Approved issuance of 15,30,000 Equity Shares to promoters Shri Sanjay Kumar Agrawal and Smt. Rashmi Agrawal
  • Issue price: ₹45.65 per Equity Share (including premium of ₹35.65 per share)
  • Aggregate consideration: ₹698.44 lakhs
  • Subject to approval of regulatory/statutory authorities and shareholders at forthcoming Annual General Meeting
  • Compliance with SEBI ICDR Regulations Chapter V and SEBI Circular No. SEBI/HO/CFD/CFD-PoD-1/P/CIR/2023/123 dated July 13, 2023

3. Annual General Meeting

  • 18th Annual General Meeting scheduled for Friday, September 11, 2026 at 12:30 PM
  • To be conducted through Video Conferencing or other Audio Visual means
  • In accordance with MCA General Circulars dated April 8, 2020, April 13, 2020, May 5, 2020, May 5, 2022, December 28, 2022, September 25, 2023, September 19, 2024, September 22, 2025 and Clarification Circular dated January 13, 2021
  • Also complies with SEBI Circulars dated May 12, 2020, January 15, 2021, May 13, 2022, January 5, 2023, October 07, 2023 and October 03, 2024

4. Re-appointment of Director

  • Re-appointed Mrs. Rashmi Agrawal (DIN: 00316248) as Whole-Time Director
  • She is liable to retire by rotation

Financial Results - Standalone (₹ in Lakhs)

Quarter Ended June 30, 2026 Performance:

  • Revenue from Operations: ₹10,374.30 (vs ₹9,518.53 in Q4 March 2026 and ₹9,178.53 in Q1 June 2025)
  • Other Income: ₹113.25
  • Total Income: ₹10,487.55
  • Total Expenses: ₹9,859.20
  • Profit Before Tax: ₹628.35
  • Tax Expenses: ₹160.56 (Current Tax: ₹158.00, Deferred Tax: ₹2.56)
  • Net Profit: ₹467.79
  • Total Comprehensive Income: ₹472.72
  • Basic EPS: ₹1.60
  • Diluted EPS: ₹1.60

Comparative Performance:

  • Q4 March 2026 Net Profit: ₹50.53
  • Q1 June 2025 Net Profit: ₹457.74
  • Full Year March 2026 Net Profit: ₹1,125.96

Financial Results - Consolidated (₹ in Lakhs)

Quarter Ended June 30, 2026 Performance:

  • Revenue from Operations: ₹11,745.93
  • Other Income: ₹117.13
  • Total Income: ₹11,863.06
  • Total Expenses: ₹11,036.88
  • Profit Before Tax: ₹826.18
  • Tax Expenses: ₹185.29 (Current Tax: ₹183.30)
  • Net Profit: ₹640.89
  • Non-Controlling Interest: ₹23.36
  • Net Profit to Parent: ₹617.53
  • Total Comprehensive Income: ₹622.74
  • Basic EPS: ₹2.20
  • Diluted EPS: ₹2.20

Comparative Performance:

  • Q4 March 2026 Net Profit: ₹155.53
  • Q1 June 2025 Net Profit: ₹511.50
  • Full Year March 2026 Net Profit: ₹1,405.12

Preferential Issue Details

Transaction Structure:

  • Type of Securities: Equity Shares of ₹10 each
  • Total Number: 15,30,000 shares
  • Issue Price: ₹45.65 per share
  • Aggregate Consideration: ₹6,98,44,500
  • Investors: Shri Sanjay Kumar Agrawal and Smt. Rashmi Agrawal (promoters)

Shareholding Impact:

  • Sanjay Kumar Agrawal: Pre-issue 54,48,974 shares (18.66%) → Post-issue 59,78,974 shares (19.46%)
  • Rashmi Agrawal: Pre-issue 47,00,092 shares (16.10%) → Post-issue 57,00,092 shares (18.55%)
  • The price is not lower than the floor price calculated per Regulation 164 of SEBI ICDR Regulations

Director Re-appointment Details

Mrs. Rashmi Agrawal Profile:

  • DIN: 00316248
  • Age: 59 years
  • Position: Chairperson and Whole-Time Director
  • Education: Arts Graduate from Nagpur University
  • Experience: 28+ years in Marketing and Human Resource Development policies
  • Tenure: Associated since 2013, current term from September 1, 2023 to August 31, 2028

Other Positions Held:

  • Designated Partner: Shree Padmavati Irrigations LLP, Texmo Petrochemicals LLP
  • Director: Texmo Pipes Foundation, Shree Venkatesh Industries Private Limited, Shree Venkatesh Polymers Private Limited
  • Relationship: Spouse of Managing Director Sanjay Kumar Agrawal