Company and Document Details

AGM Details

  • Date and Time: Monday, 31st August 2026 at 10:00 AM (IST)
  • Venue: Registered office at Ground Floor-First Floor, S.C.F No-27-28, Vikas Vihar, Ambala City, Ambala, Haryana, India - 134003
  • Cut-off date for e-Voting: 21st August 2026
  • E-voting period: 28th August 2026 (9:00 AM) to 30th August 2026 (5:00 PM)
  • Book Closure: From 24th August 2026 to 31st August 2026

Business to be Transacted

Ordinary Business:

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

2. Re-appointment of Mr. Deepak Kumar (DIN: 11030607) who retires by rotation

Special Business:

3. Change of company name from "Western Overseas Study Abroad Limited" to "Western Overseas Global Solutions Limited" (Special Resolution)

4. Alteration to Object Clause of Memorandum of Association to add manpower consultancy and real estate business objects (Special Resolution)

5. Re-appointment of M/s PDM & Associates as Secretarial Auditor for 5 years commencing 1st April 2026 (Ordinary Resolution)

6. Appointment of Ms. Ambika Jindal (DIN: 10310252) as Independent Director for 5 years from 31st August 2026 to 30th August 2030 (Special Resolution)

Financial Performance Highlights (FY 2025-26)

  • Total Income: ₹20.35 crore (previous year: ₹22.95 crore)
  • Total Expenses: ₹16.62 crore (previous year: ₹19.86 crore)
  • Profit Before Tax: ₹3.73 crore (previous year: ₹3.09 crore)
  • Current Tax: ₹98.35 lakh
  • Deferred Tax: ₹1.44 lakh
  • Profit After Tax: ₹2.73 crore (previous year: ₹2.21 crore)
  • Earnings Per Share (Basic & Diluted): ₹4.54 (previous year: ₹5.25)
  • No dividend declared for the financial year

Capital Structure Changes

  • IPO Details: Company issued and allotted 17,98,000 equity shares of face value ₹10 each at issue price of ₹56 per share (including premium of ₹46)
  • Post-IPO Paid-up Capital: ₹6.01 crore divided into 60,12,000 equity shares of ₹10 each
  • Listing: Equity shares listed on BSE SME Platform on 11th December 2025
  • Entire shareholding is in dematerialized mode

Key Financial Ratios

  • Current Ratio: 4.07 times (previous year: 1.01 times)
  • Debt-Equity Ratio: 0.11 times (previous year: 0.59 times)
  • Return on Equity Ratio: 0.147 times (previous year: 0.339 times)
  • Net Profit Ratio: 0.134 times (previous year: 0.096 times)

Corporate Governance

Board of Directors:

  • Mr. Pardeep Balyan (Managing Director, DIN: 06594346)
  • Mrs. Rekha Rani (Whole Time Director, DIN: 06626196)
  • Mr. Deepak Kumar (Non-Executive Director, DIN: 11030607)
  • Ms. Ambika Jindal (Additional Director - Non-Executive Independent, DIN: 10310252)
  • Mr. Umesh Chand Sharma (Independent Director, DIN: 10779613)
  • Ms. Sapna (Independent Director, DIN: 10294154)

Key Managerial Personnel:

  • Chief Financial Officer: Ms. Ruchika Ohri
  • Company Secretary & Compliance Officer: Ms. Shruti Gupta

Committee Composition:

  • Audit Committee: Ms. Sapna (Chairperson), Mr. Umesh Chand Sharma, Mr. Pardeep Balyan
  • Nomination & Remuneration Committee: Ms. Sapna (Chairperson), Mr. Umesh Chand Sharma, Mr. Deepak Kumar
  • Stakeholders Relationship Committee: Ms. Sapna (Chairperson), Mr. Umesh Chand Sharma, Mr. Deepak Kumar

Auditor Appointments

  • Statutory Auditors: M/s KVMS and Company (formerly M/s Singla Mandeep & Associates), appointed for 5 years till conclusion of 16th AGM
  • Secretarial Auditors: M/s PDM & Associates, Company Secretaries (proposed for re-appointment for 5 years)
  • Internal Auditors: M/s Budh Kumar & Associates, Chartered Accountants

Operational Highlights

  • Business: Leading overseas education and immigration consulting company
  • Services: English language test preparation, foreign language programs, admission support, visa consulting, PR services
  • Global Reach: Operations in 18+ countries
  • Branches: 12 locations across India including Ambala, Amritsar, Chandigarh, Delhi, Indore, Jalandhar, Karnal, Kurukshetra, Patiala, Sonipat, Rohtak
  • Strategic Partnerships: Collaborations with international universities and institutions
  • Awards: Excellence Award in Study Visa and Immigration 2026, High Flyer Champions 2025 by Pearson Test of English

Compliance and Regulatory Matters

  • SEBI LODR Compliance: Annual Report sent electronically to shareholders as per Regulation 36(1)(b)
  • MCA Compliance: Compliance with MCA circulars for electronic communication
  • Secretarial Audit Report: No qualifications, reservations or adverse remarks
  • Statutory Dues: Undisputed income tax of ₹0.92 lakh outstanding for FY 2020-21
  • Disputed Taxes: Income tax demand of ₹40.82 lakh for FY 2023-24 pending with CIT (Appeal)
  • Related Party Transactions: All transactions entered in ordinary course of business at arm's length

Other Material Information

  • Bankers: ICICI Bank Limited, Ambala City
  • Registrar & Transfer Agent: Skyline Financial Services Pvt. Ltd, New Delhi
  • Contact: 0171-3500064

Forward-Looking Statements

Management Discussion and Analysis indicates positive outlook for international education and immigration services sector, with plans for brand expansion, digital outreach, infrastructure upgrades, and strategic alliances.