Company Overview

Tomorrow Technologies Global Innovations Limited (formerly known as CNI Research Limited) (CIN: L45202MH1982PLC041643) is a company that commenced operations in 1982 and has transitioned from equity research to artificial intelligence and technology solutions. The company's registered office is at A-120 Gokul Arcade, Sahar Road, Vile Parle East, Mumbai – 400 057.

Annual General Meeting Details

Meeting Date: Wednesday, September 30, 2026 at 11:00 AM

Mode: Virtual through Video Conference (VC) or Other Audit Visual Means (OAVM)

Record Date: Wednesday, September 23, 2026

Notice Date: September 5, 2026

Agenda Items

Ordinary Business:

1. To receive, consider and adopt the Standalone and Consolidated Financial Statements for FY 2025-26 with Reports of Board of Directors and Auditors

2. To appoint director in place of Mr. Kishor Ostwal (DIN: 00460257) who retires by rotation

Special Business:

3. Special resolution to give loans or invest funds exceeding limits under Section 186 of Companies Act, 2013 - seeking approval for investments up to ₹25,00,00,000 (Twenty-Five Crores)

Financial Performance Highlights (Standalone)

FY 2025-26 Performance:

  • Total Income: ₹34.60 lakh (Previous year: ₹444.19 lakh)
  • Profit/(Loss) before Depreciation: (₹0.92) lakh (Previous year: (₹393.68) lakh)
  • Profit/(Loss) before tax: (₹0.92) lakh (Previous year: (₹393.86) lakh)
  • Profit/(Loss) after Taxation: (₹0.92) lakh (Previous year: (₹393.71) lakh)

Segment-wise Performance (₹ in lakh):

| Segment | Revenue | Profit/(Loss) |

| Content Sale | 7.45 | (11.68) |

| AI & DEV OPS | 26.11 | 9.73 |

| Other Business Income | 1.03 | 1.03 |

| Research Product Sale | 0 | 0 |

Consolidated Financials:

  • Profit/(Loss) after Taxation: (₹48.59) lakh (Previous year: (₹488.46) lakh)
  • Share of Profit/(Loss) in Associate: (₹47.86) lakh

Capital Structure

As of March 31, 2026:

  • Authorized Capital: ₹80,00,00,000
  • Subscribed & Paid-up Capital: ₹11,48,04,500
  • Number of Equity Shares: 11,48,04,500 shares of Re 1 each

Investments and Loans

Investment in Associate Company:

  • Teknopoint Mercantile Company Private Limited became associate company wef 06/05/2024
  • Investment: ₹11,85,25,000 for 1,18,52,500 shares (48.96% holding)
  • Networth attributable: ₹18.19 crores
  • Loss for the year: (₹0.98 crores)

Other Investments:

  • Quoted Equity Shares: ₹205.38 lakh (Garware Offshore Services Limited)
  • Unquoted Equity Shares: ₹95.49 lakh

Board and Management

Directors:

  • Mr. Kishor P. Ostwal (Managing Director) - Retiring by rotation, seeking re-appointment
  • Mrs. Sangita Ostwal (Non-Executive Director, Non-Independent)
  • Mr. Mayur Shantilal Doshi (Non-Executive Independent Director)
  • Mr. Arun Kumar S. Jain (Non-Executive Independent Director)
  • Mr. Ramkripal Prashant Verma (Non-Executive Independent Director)

Key Managerial Personnel:

  • Mr. Ashish Jain (Chief Financial Officer)
  • Ms. Rachna Mukesh Vyas (Company Secretary)

Board Meetings: Five meetings held during the year on May 27, 2025; August 7, 2025; September 1, 2025; November 11, 2025; and February 13, 2025

Statutory Appointments

Auditors: J. A. Rajani & Co., Chartered Accountants (Firm Registration No. 108331W) appointed for five years from AGM held on September 26, 2025

Secretarial Auditors: Mayur More & Associates, Company Secretaries

Registrar and Share Transfer Agents: Purva Sharegistry (India) Pvt. Ltd., Mumbai

Bankers: Union Bank of India and Axis Bank

Corporate Governance

Committees:

1. Audit Committee: Mr. Arun Kumar S. Jain (Chairman), Mr. Mayur Shantilal Doshi, Mrs. Sangita Ostwal

2. Stakeholders' Relationship Committee: Mr. Arun Kumar S. Jain (Chairman), Mr. Mayur Shantilal Doshi, Mrs. Sangita Ostwal

3. Nomination and Remuneration Committee: Mr. Arun Kumar S. Jain (Chairman), Mr. Mayur Shantilal Doshi, Mrs. Sangita Ostwal

Shareholding Pattern (as on March 31, 2026):

  • Promoter Holding: 19.28%
  • Public Holding: 80.72%
  • Demat Holdings: 99.97%
  • Physical Holdings: 0.03%

Litigations and Contingencies

Income Tax Disputes:

  • AY 2013-14: ₹53.29 lakh (under Section 154)
  • AY 2015-16: ₹98.62 lakh (under Section 147)
  • AY 2016-17: ₹52.17 lakh (under Section 147)
  • AY 2018-19: ₹271.40 lakh (under Section 147)

BSE Penalty: ₹84.51 lakh for various periods - appeal filed with Securities Appellate Tribunal

Business Transition and Strategy

The company has changed its name from CNI Research Limited to Tomorrow Technologies Global Innovations Limited effective January 1, 2025, reflecting its new focus on:

  • Artificial Intelligence and Machine Learning
  • Data Analytics and Business Automation
  • Digital Transformation and Technology Consulting
  • Development of emerging tech IP

The company has launched its first AI product "CNI Insight" and plans to develop DevOps KPO for emerging technologies.

Voting Arrangements

E-voting Period: September 27, 2026 (9:00 AM) to September 29, 2026 (5:00 PM)

Scrutinizer: Mr. Mayur M. More, Practicing Company Secretary

Results Declaration: On or after AGM, to be placed on company website and communicated to BSE

Other Disclosures

  • No dividend declared for the year
  • No deposits accepted from public
  • No change in Key Managerial Personnel during the year
  • No material related party transactions
  • No corporate social responsibility obligations applicable
  • Company has adequate internal financial controls systems

Secretarial Audit Report

Mayur More & Associates reported generally compliance with applicable laws except for certain SEBI LODR non-compliances related to website disclosures including:

  • Composition of various committees
  • Vigil Mechanism/Whistle Blower Policy
  • Shareholding pattern
  • Secretarial compliance report
  • Dividend distribution policy

The company is in process of updating its website to ensure compliance.