Meeting Details

The 33rd Annual General Meeting of VK Global Industries Limited was held on Tuesday, 22nd September, 2026 at 4:00 P.M. IST through Video Conferencing/Other Audio Visual Means.

Key Meeting Parameters:

  • Mode: Video Conferencing (VC) / Other Audio Visual Means (OAVM)
  • Deemed Venue: Registered Office at 15/1, Ground Floor, Main Mathura Road, Faridabad, Haryana – 121003
  • Chairman: Mr. Rahul Jain
  • Moderator/Compliance: Mr. Saurabh Gupta, Company Secretary & Compliance Officer
  • Scrutinizer: M/s. P.C. Jain & Co., Practicing Company Secretaries, Faridabad (FCS 4103; CP 3349)
  • E-voting Agency: Central Depository Services (India) Limited (CDSL)
  • Cut-off Date for E-voting: Tuesday, 15th September, 2026
  • Remote E-voting Period: Saturday, 19th September, 2026 (9:00 A.M.) to Monday, 21st September, 2026 (5:00 P.M.)
  • Meeting Concluded: 04:25 P.M. IST

Attendees Present

Directors and Key Managerial Personnel:

  • Mr. Rahul Jain (Managing Director) - Registered Office, Faridabad
  • Mr. Rohit Jain (Non-Executive Director; Chairman, Stakeholders Relationship Committee) - Registered Office, Faridabad
  • Mr. Amit Jain (Independent Director) - Canada
  • Mrs. Kiran Arora (Independent Director; Chairman, Audit Committee; Chairperson, Nomination and Remuneration Committee) - New Delhi
  • Mr. Ashish Jain (Chief Financial Officer) - Registered Office, Faridabad
  • Mr. Saurabh Gupta (Company Secretary & Compliance Officer) - Registered Office, Faridabad

Auditors and Representatives:

  • CA Yogesh Jain (Representative of Jain Jain & Associates, Statutory Auditors) - New Delhi
  • CS P.C. Jain (P.C. Jain & Co., Secretarial Auditor and Scrutinizer) - Registered Office, Faridabad

Financial Performance Highlights (FY 2025-26)

The Chairman addressed Members on the Company's performance for its first full year of commercial operations:

  • Revenue from operations: ₹99.21 lakh (compared to ₹5.91 lakh in FY 2024-25)
  • Profit before Tax: ₹13.36 lakh (compared to loss of ₹41.24 lakh in previous year)
  • Profit after Tax: ₹9.91 lakh (compared to loss of ₹43.22 lakh in previous year)
  • Earnings per share: ₹0.23 (compared to ₹(1.02) in previous year)

This represents the first year of positive earnings from the Company's new business vertical.

Operational Highlights

  • Hydroponic facility at Industrial Model Town, Faridabad stabilized in its first full year of operation
  • Naturally ventilated poly house: 1,728 sqm
  • Fully automated fan-and-pad NFT house: 1,680 sqm
  • Obtained licence from Food Safety and Standards Authority of India
  • Supplied diverse mix of farm produce under stringent quality control
  • Strengthened market outreach through digital and e-commerce strategy serving Delhi-NCR customers

Future Plans

The Board is considering an expansion plan aimed at meaningful improvement in scale of operations to meet rising market demand. The Company intends to:

  • Widen product mix progressively
  • Move into value-added and processed offerings
  • Hydroponics remains the base platform

Auditors' Reports

Both Statutory Auditors (Jain Jain & Associates) and Secretarial Auditors (P.C. Jain & Co.) expressed unqualified opinions for financial year 2025-26 with:

  • No qualifications
  • No observations
  • No adverse comments having any material bearing on the functioning of the Company

Report References:

  • Statutory Auditors' Report: pages 45-54 of the 33rd Annual Report
  • Secretarial Audit Report: pages 35-38 (forming part of the Board's Report)

Business Transacted

Two Ordinary Resolutions were passed:

Item 1: Consideration and adoption of the Audited Financial Statements of the Company for the financial year ended 31st March, 2026 and the Reports of the Board of Directors and Auditors thereon. (Ordinary Business)

Item 2: Re-appointment of Mr. Rahul Jain (DIN: 00442109), who retires by rotation and, being eligible, offers himself for re-appointment, as Managing Director of the Company, liable to retire by rotation. (Ordinary Business)

Voting Process

  • Remote e-voting facility provided through CDSL
  • E-voting during AGM available to Members who had not cast votes through remote e-voting
  • Voting remained open for 15 minutes after conclusion of meeting
  • Scrutinizer to submit voting report within two working days of AGM conclusion
  • Voting results to be declared upon receipt of scrutinizer report and intimated to BSE Limited
  • Results will be placed on company website and CDSL website

Facility Details

  • VC/OAVM facility available for at least 1,000 Members on first-come-first-served basis
  • Large shareholders (holding 2% or more), promoters, institutional investors, directors, KMPs, committee chairpersons, and auditors permitted to attend without restriction
  • Proxy appointment not applicable for VC/OAVM meeting
  • Proceedings of the meeting were recorded
  • Registers of Directors and Key Managerial Personnel available for inspection by Members on request