Announced Mon, 7 Sept · 17:40 IST

Board approves AGM on Sept 30, MD re-appointment for 5 years

Board & Shareholder Meetings View source PDFExplain this filing

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AI summary

Board met on Sept 7, 2026 and approved the 31st AGM on Sept 30 via video conferencing. Record date is Sept 23. Register of Members closed Sept 23 to Sept 30. MD and Chairman Ziaulla Sheriff, age 86, re-appointed for 5 more years, needing shareholder approval as special resolution. Independent Director Mohan Kumar completed his tenure. FY26 net loss was Rs 6.25 crore versus Rs 5.01 crore in FY25. Revenue fell 35.97 percent to Rs 2.11 crore. No dividend declared.

Likely market impact

AGM on Sept 30 is key event. Re-appointment of 86-year-old MD needs shareholder vote. Losses widened in FY26.