AGM Details

  • Meeting Date: Tuesday, 29th September 2026 at 11:00 A.M. (IST)
  • Mode: Video Conferencing (VC) or Other Audio-Visual Means (OAVM)
  • Record Date: Tuesday, 22nd September 2026 (for determining voting rights)
  • E-voting Period: 25th September 2026 (9:00 AM) to 28th September 2026 (5:00 PM)
  • Register Closure: 23rd September 2026 to 29th September 2026 (both days inclusive)

Business to be Transacted

Ordinary Business:

1. Adoption of audited standalone financial statements for FY ended 31st March 2026 with Board of Directors' and Auditors' reports

2. Re-appointment of Mr. Prabhakar Rameshbhai Khakhar (DIN: 06491642) who retires by rotation

Special Business:

3. Appointment of Ms. Anju Vijay Pandit (DIN: 11904614) as Non-Executive Independent Director for a term of five years effective from 01st September 2026

Financial Highlights (FY 2025-2026)

  • Gross Income: ₹18.16 lakhs (Previous year: ₹18.20 lakhs)
  • Total Expenses: ₹23.16 lakhs (Previous year: ₹21.39 lakhs)
  • Gross Operating Profit/(Loss): (₹5.00) lakhs (Previous year: (₹3.19) lakhs)
  • Profit After Tax: (₹5.00) lakhs (Previous year: (₹3.19) lakhs)
  • Earnings per Share (Basic & Diluted): (₹3.45) (Previous year: (₹2.20))
  • Accumulated Losses: ₹84.87 lakhs (as at 31st March 2026)
  • Net Worth: Negative ₹42.74 lakhs (as at 31st March 2026)

Share Capital Structure

  • Authorized Share Capital: ₹4,00,00,000 (40,00,000 equity shares of ₹10 each)
  • Issued, Subscribed and Paid-up Capital: ₹1,44,89,500 (14,48,950 equity shares of ₹10 each)
  • No change in share capital during the financial year

Dividend

No dividend recommended for the financial year ended 31st March 2026.

Board Composition (as on 31st March 2026)

  • Managing Director: Mr. Prabhakar Rameshbhai Khakhar
  • Non-Executive Independent Directors: Ms. Kavita Ashish Pandare, Mr. Hiren Surendra Makwana

Key Managerial Personnel

  • Chief Financial Officer: Mr. Prabhakar Rameshbhai Khakhar
  • Company Secretary & Compliance Officer: Ms. Ojashvi Chopra

Key Financial Ratios

  • Current Ratio: 17.23 times (Previous year: 5.61 times)
  • Debt Equity Ratio: -1.40 times (Previous year: -1.46 times)
  • Return on Equity: 0.12 times (Previous year: 0.08 times)
  • Net Profit Ratio: -0.28% (Previous year: -0.18%)

Borrowings

  • Non-current borrowings: ₹60.02 lakhs (unsecured loans from related parties)
  • Current borrowings: None
  • Lenders: Leading Leasing Finance And Investment Company Ltd (₹37.87 lakhs at 12%), Pillar Investment India Ltd (₹22.14 lakhs at 9%)

Going Concern Emphasis

Auditors emphasized material uncertainty regarding going concern due to:

  • Net loss of ₹5.00 lakhs for FY 2025-2026
  • Accumulated losses of ₹84.87 lakhs
  • Negative net worth of ₹42.74 lakhs

Mitigating factors include:

  • Lenders' confirmations of no intention to demand repayment within next twelve months
  • Comfort letter from promoter for continued financial support
  • Management's forecasted revenue projections

Compliance Status

  • Secretarial Audit Report noted some intimations to ROC filed after statutory time period with additional fees paid
  • No other qualifications, reservations or adverse remarks in any audit reports
  • No fraud reported by auditors
  • No sexual harassment complaints received

Related Party Transactions

All transactions entered on arm's length basis in ordinary course of business. No materially significant transactions requiring shareholder approval.

Other Disclosures

  • Company operates in single business segment (trading food grains, fruits, vegetables, and allied products)
  • No transactions with struck off companies
  • 100% of operating income from single customer
  • No pending litigations impacting financial position
  • No deposits accepted during the year

Documents Availability

Notice and Annual Report available on:

  • Company website: https://www.transglobefoods.com/investors.html
  • BSE website: www.bseindia.com
  • NSDL website: www.evoting.nsdl.com