AGM Details
- Date: Tuesday, September 29, 2026
- Time: 3:00 P.M. (IST)
- Mode: Video Conferencing (VC)/Other Audio-Visual Means (OAVM)
- Cut-off date for voting: September 22, 2026
- e-Voting period: September 26, 2026 (9:00 A.M.) to September 28, 2026 (5:00 P.M.)
- Deemed venue: Registered Office of the Company
Business to be Transacted
Ordinary Business:
1. Adoption of Audited Financial Statements for FY 2025-26
2. Re-appointment of Mr. Suraj Shivraj Barge (DIN: 03161804) as Director retiring by rotation
Special Business:
3. Appointment of M/s. H M Kadeval & Associates as Secretarial Auditor for 5 years (FY 2026-27 to 2030-31) at remuneration of ₹1,20,000 plus taxes for FY27
4. Ratification of remuneration of ₹60,000 plus expenses for M/s. JNP & Associates as Cost Auditor for FY 2026-27
5. Special Resolution to create security by way of charge/mortgage/hypothecation for borrowings up to ₹1,000 crore
6. Special Resolution to enhance borrowing limits under Section 180(1)(c) from ₹100 crore to ₹1,000 crore
Financial Highlights (FY 2025-26 vs FY 2024-25)
- Revenue from operations: ₹269.39 crore (₹322.90 crore in FY25) - decreased 16.56%
- Other income: ₹4.31 crore (₹2.99 crore in FY25) - increased 44.08%
- Total income: ₹273.70 crore (₹325.90 crore in FY25) - decreased 16.02%
- Total expenses: ₹258.09 crore (₹309.44 crore in FY25) - decreased 16.60%
- Profit before tax: ₹15.61 crore (₹14.82 crore in FY25) - increased 5.33%
- Net profit after tax: ₹12.53 crore (₹10.62 crore in FY25) - increased 17.97%
- Basic EPS: ₹7.94 (₹14.17 in FY25) - decreased 43.97%
- Current tax expense: ₹3.17 crore (₹3.28 crore in FY25)
- Deferred tax liability: ₹1.02 crore (₹0.91 crore in FY25)
Capital Structure Changes
- Authorized share capital increased from ₹13 crore (1.3 crore shares) to ₹25 crore (2.5 crore shares)
- Bonus issue: 75 lakh equity shares issued in 1:1 ratio on September 6, 2025
- IPO: 80,79,600 equity shares issued at ₹110 per share (face value ₹10) aggregating ₹88.88 crore, listed on BSE SME on February 25, 2026
- Paid-up capital increased from ₹7.5 crore to ₹23.08 crore
Board and Management
Board of Directors:
- Mr. Suraj Shivraj Barge - Managing Director (DIN: 03161804)
- Mr. Baswaraj Madhavrao Barge - Non-Executive Non-Independent Director
- Mr. Shivling Madhavrao Barge - Non-Executive Non-Independent Director
- Mrs. Truptee Brijesh Didvaniya - Non-Executive Independent Director (appointed April 19, 2025)
- Mr. Shubham Govindprasad Jakhotiya - Non-Executive Independent Director
- Mr. Inayat Khan Azmat Khan - Non-Executive Independent Director
Key Managerial Personnel:
- Mr. Rahul Rameshrao Joshi - Chief Financial Officer
- Mrs. Reshma Samir Pange - Company Secretary (appointed April 24, 2025, resigned August 31, 2026)
Auditor Appointments
- Statutory Auditor: M/s. N B T and Co (FRN: 140489W) appointed for 5 years until 11th AGM
- Internal Auditor: M/s. Kabra & Maliwal (FRN: 104485W)
- Secretarial Auditor: M/s. H M Kadeval & Associates (COP: 27829) proposed for 5-year term
- Cost Auditor: M/s. JNP & Associates (FRN: 000572) for FY 2026-27
Borrowing and Security Resolutions
The company seeks shareholder approval for:
- Creating security/charge on assets for borrowings up to ₹1,000 crore (increased from ₹100 crore approved in March 2025)
- Enhancing borrowing limits under Section 180(1)(c) to ₹1,000 crore (from ₹100 crore)
- Secured loans outstanding: ₹24.59 crore (long-term) + ₹71.45 crore (short-term)
Other Material Information
- Dividend: No dividend recommended for FY26
- CSR expenditure: ₹12.18 lakh spent on environmental services and river cleaning
- Employee strength: 92 employees (88 male, 4 female)
- Compounding applications: Three filed with ROC, one penalty imposed and paid
- Secretarial audit report contained qualification regarding signing of annual return by practicing CS instead of employed CS
- Fixed deposits: ₹55.27 crore in other non-current assets
- Inventory: ₹92.79 crore (raw materials ₹82.32 crore, finished goods ₹9.22 crore)
Voting Instructions
Detailed instructions provided for remote e-voting through NSDL platform and joining AGM through VC/OAVM. Members can vote from September 26-28, 2026, with cut-off date of September 22, 2026.
#Tags: #YashhtejIndustries #AGM2026 #FY26Results #SEBIDisclosure #RegulatoryCompliance #FinancialUpdate #Neutral