Statutory Auditors: M/s. P. R. Agarwal & Awasthi, Chartered Accountants
Secretarial Auditor: M/s. Parikh & Associates, Practicing Company Secretaries
Registrar & Transfer Agent: Satellite Corporate Services Private Limited
Bankers: IOBI Bank Ltd., ICICI Bank Ltd.
Directors: Mr. Arunkumar Mahabirprasad Jatia (Chairman), Mr. Surendra Kumar Bansal, Ms. Vrinda Jatia, Mr. Bhalchandra Ramakant Nadkarni, Mr. Ajay Nemchand Dedhia, Mr. Amit Jitendra Shah
Key Managerial Personnel: Mr. Raju Adhia (CFO), Ms. Siddhi Kul (Company Secretary & Compliance Officer)
Financial and Operational Impact
Dividend: No dividend recommended for FY26 to conserve financial resources
Merger Impact: Scheme of Merger by Absorption of Fujisan Technologies Limited (wholly-owned subsidiary) approved by NCLT vide order dated 1st May 2025, effective from appointed date 1st April 2022
Capital Structure: No change during FY26
Fixed Deposits: Company did not accept any deposits during the year
IEPF Transfer: ₹3,117.48 transferred to Investor Education and Protection Fund on 11th August 2025 (sale proceeds of fractional shares)
Related Party Transactions: Leave and License agreement with AMJ Land Holdings Limited at ₹40,000 per month plus applicable taxes
Loans to Related Parties: Inter-corporate deposit of ₹300 lakh to Biodegradable Products India Limited
Capital Structure Impact
No change in equity share capital during FY26
Post-merger authorized share capital increased by incorporating authorized share capital of transferor company (Fujisan Technologies Limited)
98.09% of paid-up equity capital held in dematerialized form as on 31st March 2026
Cash Flow Implications
Net cash used in operating activities: ₹(36.57) lakh
Net cash from investing activities: ₹47.88 lakh
Net cash from financing activities: ₹(25.97) lakh
Cash and cash equivalents at end of year: ₹1.86 lakh vs ₹16.52 lakh previous year
Corporate Governance Disclosures
Board Meetings: 5 meetings held during FY26
Audit Committee: 5 meetings held during FY26
Directors' Remuneration: Only sitting fees paid - total ₹140,000 for all directors
Shareholding Pattern: Promoters hold approximately 68.38% of share capital
Unclaimed Shares: 48,972 shares lying in unclaimed suspense account as on 31st March 2026
Whistle Blower Policy: Implemented, no complaints received during the year
CSR: Provisions not applicable to the company
Auditor's Reports
Statutory Auditors: Unmodified audit opinion with no adverse remarks
Secretarial Auditor: No qualifications or adverse comments in the secretarial audit report
Internal Financial Controls: Adequate and operating effectively
Additional Information
Business Segments: Investment & Finance, Business Centre Services, Trading activities
Employee Strength: 2 employees on rolls as on 31st March 2026
Management Discussion: Focus on efficient resource management, prudent investment decisions, and operational effectiveness across business segments
Risk Factors: Exposure to market conditions, interest rate movements, economic factors, competition, and regulatory changes
