Amforge Industries Ltd

Dematerialisation processing and listing

• The Registrar and Share Transfer Agent processed dematerialisation requests and communicated outcomes to depositories.
• Securities dematerialised have been listed on the stock exchanges where the existing securities are listed.
• Physical certificates received for dematerialisation were mutilated and cancelled; depository's name substituted as registered owner within timelines.

AGM Details

• AGM held on Sept 29, 2026 at 2:30 PM via VC/OAVM.
• Remote e-voting conducted Sept 26–28, 2026 with cut-off Sept 22, 2026.
• Venue deemed to be the registered office address.
• Scrutinizer appointed to conduct e-voting and e-poll.
• Scrutinizer report furnished on Sept 30, 2026.
• All resolutions approved with requisite majority per Scrutinizer.

Key Resolutions

• Adopt Audited Financial Statements for year ended March 31, 2026, with reports.
• Re-appoint Archana Makar Soi as director by rotation.
• Special resolution to re-appoint Jayesh Thakkar as MD for 3 years from May 24, 2027.

Voting Results

• Res 1 passed with requisite majority.
• Res 2 passed with requisite majority.
• Res 3 passed with requisite majority.
• No significant dissent noted across resolutions.

Director Changes

• Archana Makar Soi retires by rotation and seeks re-appointment.
• Jayesh Thakkar re-appointed as Managing Director for 3 years from May 24, 2027.

AGM Details

• AGM held on Sep 29, 2026 at 2:30 PM via Video Conference; concluded 3:25 PM IST.
• Chairman Jayesh Thakkar elected due to technical difficulties.
• Directors present: all except Archana Makar and Navin Sharma.
• Statutory and Secretarial Audit Reports read with no qualifications.
• Remote e-voting window: 26-28 Sep; AGM e-voting included.
• Cut-off date for remote/e-voting: Sep 22, 2026.
• Scrutinizer appointed to oversee e-voting and electronic poll.
• Scrutinizer report to be furnished by Oct 1, 2026 and posted on websites.
• Results to be disseminated to stock exchanges and posted within two working days.
• Voting was by electronic means; no show of hands.

AMFORGE INDUSTRIES LIMITED — Trading window closed from 01st October, 2026 up to 48 hours after declaration of Un-audited Financial Results for the quarter and half year ended 30th September, 2026

Dates and actions

• Record date fixed as 22 September 2026 for AGM eligibility.
• Book closure from 22 September 2026 to 29 September 2026 (inclusive).
• AGM date and time: 29 September 2026 at 02:30 PM.
• Security: Equity Shares; Purpose: 54th AGM.

AGM Details

• AGM date and time: 29 September 2026 at 02:30 PM.
• Mode: VC/OAVM; deemed venue at the registered office.
• Record/Book closure: 22–29 September 2026 (inclusive).
• Remote e-voting window: 26–28 September 2026.
• Voting results to be announced by 1 October 2026.

Key Resolutions

• Ordinary: Adopt Audited Financial Statements, Board’s Report, and Auditor’s Report.
• Ordinary: Appointment of Archana Makar Soi as director on rotation for re-appointment.
• Special: Re-appoint Jayesh Thakkar as Managing Director for 3 years.
• Remuneration: Basic salary Rs 1,80,000 per month; perquisites as per Schedule V.
• Board authorized to delegate powers to committees/directors to implement the resolution.

Voting Status

• Voting results not disclosed in filing; will be announced by 1 October 2026.
• Results will be uploaded on BSE, company, and MUFG sites.

Director Changes

• Archana Makar Soi retires by rotation; eligible for re-appointment.
• Jayesh Vinodchandra Thakkar re-appointed as MD for 3 years.
• Remuneration: Rs 1,80,000 per month; perquisites as permissible.

Auditor Appointments

• Statutory Auditors: Banka & Banka (unchanged).
• No auditor appointment changes disclosed in this filing.

Financial performance

• Total revenue: 25,371.92 thousand for 2026.
• Net loss after tax: 4,031.19 thousand.
• Profit before tax: (3,520.50) thousand.
• Depreciation & amortisation: 2,804.17 thousand.
• Current tax: 600.00; Deferred tax: (89.31).
• EPS: Basic & Diluted −0.28.
• Net cash from operating activities: (15,973.78) thousand.

Balance sheet snapshot

• Total assets: 184,565.73 thousand.
• Total equity: 130,886.42 thousand.
• Borrowings: 16,678.65 thousand.
• Net debt: 13,621.15 thousand.
• Cash and cash equivalents: 3,057.50 thousand.
• Investment property fair value: 294,906 thousand.
• Investments: 57,615.39 thousand.

Capital structure & major holders

• Paid-up equity share capital: 28,774.42 thousand; 14,387,212 shares.
• Top holders collectively own 55.21% of equity.
• Major holders: Viniyog Investment, Nainesh Trading LLP, Puneet Makar.

Dividend & shareholder returns

• Dividend for 2025-26: not recommended / not declared.

Investments & property

• Investment property carrying value: 31,837.26 thousand.
• Investment property fair value: 294,906 thousand.
• Mutual fund & equity investments total: 57,615.39 thousand.
• Cash receipts from investments: Rental income 15,070.84 thousand.

Governance & audit

• Statutory auditors: Banka & Banka; Secretarial auditor: Hemanshu Kapadia & Associates.
• Board of 6 directors; Independent directors: Walwaikar, Posam, Sharma.
• Three committees: Audit, Nomination & Remuneration, Stakeholders' Relationship.
• MD Jayesh Thakkar proposed for re-appointment for 2027–30.

Contingent liabilities & risks

• Excise duty demands: ₹46,524 thousand; Sales tax demands: ₹13,167 thousand.
• Disputed income tax demand: ₹3,908.96 thousand; Other claims: ₹11.32 thousand.