62nd AGM Aug 26; FY26 loss narrows; real estate foray proposed

Board & Shareholder Meetings View source PDF

Price

Loading chart…

▲ positive · ▼ negative · ● neutral filings · teal = economic event · numbered = multiple that day (click to pick). Times IST.

Price reaction · full curve

Awaiting price reaction for this filing.

AI summary

The 62nd AGM will be held on August 26, 2026 via video conferencing. FY26 income fell to Rs 8814.10 lakhs, but loss narrowed to Rs 1574.43 lakhs from Rs 2113.84 lakhs. Comprehensive income surged to Rs 19696.35 lakhs due to land revaluation. No dividend was recommended. Board seeks approval to add real estate and construction to its main objects, aiming to monetise idle land. Joint MD R. Padmanaban will be re-appointed.

Likely market impact

Plan to monetise idle land via real estate is the main highlight. Continued operating losses and no dividend remain concerns for shareholders.