AGM Details

The 38th Annual General Meeting will be held on Thursday, 10th September 2026 at 12:30 p.m. through Video Conferencing/Other Audio-Visual Means. The deemed venue is the Registered Office at 41/3, Village Lohop, Lohop Chowk Road, Tal. Khalapur, Dist Raigad, Raigad 410202.

Business to be Transacted

Ordinary Business:

1. To consider and adopt the financial statements for the year ended 31st March 2026 with Directors' and Auditors' Reports

2. To appoint a director in place of Ms. Kritika Nagpal Lalit (DIN: 00020901) who retires by rotation

Special Business:

3. To approve appointment of M/s. Sandeep P Parekh & Co, Company Secretaries as Secretarial Auditor for 5 consecutive financial years from FY2026-27 to FY2030-31

Financial Performance (FY2026)

  • Profit before tax: (₹17,94,223) compared to (₹12,96,260) in FY2025
  • Current tax expense: Nil
  • Deferred tax expense: Nil
  • Profit/Loss for the period from continuing operations: Nil
  • Basic earnings per equity share: (₹0.30) compared to (₹0.22) in FY2025
  • Diluted earnings per equity share: (₹0.30) compared to (₹0.22) in FY2025
  • No dividend declared due to inadequate profits

Share Capital Information

  • Authorized Capital: 60,00,000 equity shares of ₹10 par value (₹6,00,00,000)
  • Issued Capital: 60,00,000 equity shares of ₹10 par value (₹6,00,00,000)
  • Subscribed and Paid-up: 58,93,100 equity shares of ₹10 par value (₹5,89,31,000)
  • Less: Calls in arrears: ₹5,55,200
  • Net Paid-up Capital: ₹5,83,75,800

Key Dates

  • Register of Members and Share transfer book closure: 3rd September 2026 to 12th September 2026 (both days inclusive)
  • Cut-off date for e-voting: Thursday, 3rd September 2026 (end of day)
  • Remote e-voting period: Monday, 7th September 2026 (9:00 AM IST) to Wednesday, 9th September 2026 (5:00 PM IST)
  • E-voting during AGM: Also available for members who haven't voted remotely

Director Information

Ms. Kritika Nagpal Lalit (Seeking reappointment)

  • DIN: 00020901
  • Nationality: Indian
  • Date of first appointment: 14/08/2015
  • Age: 46 years
  • Qualifications: B.B.A (Hospitality)
  • Capacity: Non-Executive Women Director
  • Number of Board Meetings attended during FY2026: 4 out of 4
  • Number of shares held: Nil
  • Other directorships: Mehr Global Foods And Beverages Private Limited, Bombay Construction And Infraprojects Private Limited

Board Composition

  • Kapil Lalitkumar Nagpal: Executive Director & MD (DIN: 01929335)
  • Kritika Lalit Nagpal: Non-Executive Women Director (DIN: 00020901)
  • Santosh Mayekar: Non-Executive Independent Director
  • Rajesh Ramchandra Ambre: Non-Executive Independent Director (DIN: 10749943)

Auditor Appointments

Statutory Auditors

M/s. A. C. Jhaveri & Associates, Chartered Accountants (FRN: 137585W) were appointed for 5 years at AGM held on 28 September 2022 until conclusion of AGM in 2027. No ratification required.

Secretarial Auditors

Proposal to appoint M/s. Sandeep P Parekh & Co, Company Secretaries (F-7118; CP No. 7693) as Secretarial Auditor for 5 years from FY2026-27 to FY2030-31. CS Sandeep Parekh has over 18 years of experience in corporate laws and regulatory advisory.

Company Status and Operations

The company is presently inactive in its operations. The management discussion states: "The Company is proposing to identity the right products and restart its operation afresh eventually and shall work on many areas to re-gain its position in the competitive market."

Shareholding Pattern

Shares are held in both physical and dematerialized form. The ISIN is INE276N01011. The company advises shareholders to dematerialize physical shares as per SEBI mandate effective April 1, 2019.

Voting Arrangements

  • M/s Tariq Badgujar & Co, Practising Company Secretaries (Membership No.: 47471) appointed as Scrutinizer
  • Detailed e-voting instructions provided for shareholders holding shares in both physical and demat mode
  • Institutional shareholders required to send board resolution authorizing representatives to vote

Other Material Information

  • No material changes and commitments affecting financial position occurred after year-end
  • No loans, guarantees or investments made under Section 186
  • No contracts or arrangements with related parties under Section 188
  • No significant orders passed by regulators/courts impacting going concern status
  • The company has adequate internal financial controls as per auditor's opinion