AGM Notice for FY26 on Sept 29 - Capital Increase, Auditor and MD Reappointment
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Vaxfab Enterprises calls 43rd AGM on Sept 29, 2026 in Ahmedabad. Items: adopt FY26 financials, reappoint MD Ravindra Joshi, appoint Chandabhoy and Jassoobhoy as Statutory Auditor for 5 years, and raise Authorized Share Capital from Rs 35 crore to Rs 50 crore. Standalone FY26 revenue grew about 60 percent to Rs 94.1 crore; PAT rose to Rs 3.64 crore from Rs 34 lakh. No dividend. Consolidated numbers show a loss of about Rs 46.3 crore against a small profit last year.
Shareholders to vote on capital raise and auditor change; standalone profits up sharply but consolidated results show a large loss, raising concern about subsidiaries.