Emmforce Autotech Ltd

Regulation 74(5) compliance certificate

• Confirmation certificate under Regulation 74(5) received from RTA for the reporting period.

Emmforce Autotech Ltd trading window closed from Oct 01, 2026 till expiry of 48 (forty eight) hours after the announcement of unaudited financial results for the six months ended September 30, 2026

Meeting Details

• Date and time: 29 September 2026, 10:00–11:00
• Type: Group meeting; Mode: Virtual
• Event: Arihant Capital – Bharat Connect Conference Rising Star 2026
• Key participants: Company management
• Purpose: Investor interaction; discussion based on publicly available documents

AGM Details

• 3rd AGM held on 28 August 2026 at 11:30 AM via Video Conferencing/Other Audio Visual Means.

Post-AGM Materials

• Voting results and Scrutinizer's Report released; available on the company website.

AGM details

• AGM held on 28 Aug 2026 at 11:30 AM via VC/OAVM.
• Venue deemed at registered office; meeting concluded at 11:46 AM.
• 15-minute post-meeting e-voting window; remote e-voting available.
• Results to stock exchanges within 48 hours; site posting planned.

Key resolutions

• Adopt audited standalone and consolidated financial statements for FY 2025-26.
• Director reappointment by rotation: Ashok Mehta.
• Extend unsecured loan to Emmforce Mobility Solutions Private Limited.
• Approve material transactions with related parties.
• Re-appoint Ashok Mehta as Managing Director.
• Re-appoint Azeez Mehta as Wholetime Director.

Voting and results

• Voting results to be declared after e-voting; submit to stock exchanges within 48 hours.
• Results will be posted on the company website and notice boards.

Directors

• Ashok Mehta reappointed as director by rotation; also reappointed as MD.
• Azeez Mehta reappointed as Wholetime Director.

Auditors

• Statutory auditors attended; FY 2025-26 audit reported clean.

AGM Details

• Date and time: 28 August 2026 at 11:30 AM; mode: VC/OAVM
• Venue deemed: Registered Office; record closure: 21-28 August 2026

Resolutions Put to Vote

• Ordinary: adopt standalone and consolidated financial statements for year ended 31 March 2026
• Ordinary: reappoint Ashok Mehta by rotation
• Special: extend loan/guarantee to subsidiary up to specified amounts
• Ordinary: approve material related party transactions on arm's length basis
• Special: reappoint Ashok Mehta as MD for five years; remuneration up to Rs 10 lakh/month
• Special: reappoint Azeez Mehta as Wholetime Director for five years; remuneration up to Rs 5.5 lakh/month

Dividend

• Dividend proposed/declared: none

Directors & Remuneration

• Ashok Mehta reappointed as Managing Director for 5 years from 13-10-2026
• Remuneration: up to Rs 10,00,000 per month; annual increment 10% from 01-04-2027
• Azeez Mehta reappointed as Wholetime Director for 5 years from 13-10-2026
• Remuneration: up to Rs 5,50,000 per month; annual increment 10%

Auditors

• Statutory Auditors: Vijay Jindal & Associates; tenure until 2029
• Secretarial Auditor: Kanwaljit Singh; tenure for five consecutive years (2025-30)

Material Related Party Transactions

• Related parties include Emmbros Automotives Pvt Ltd, PROSPEEDWAYS LLC, EMSPL
• RPTs cover sale/purchase of goods, loans, rents, and guarantees
• Maximum annual values: loan up to Rs 35 crore; guarantees up to Rs 25 crore

Other material approvals

• No other material approvals indicated in this chunk

Financial snapshot

• Standalone revenue from operations: INR 1,04,46,83,489.
• Standalone total revenue: INR 1,04,76,51,651.
• Standalone EBITDA: INR 22,16,44,080.
• Standalone PAT: INR 12,06,33,179.
• Standalone EPS (basic): INR 5.88.
• Consolidated total revenue: INR 1,12,71,83,817.
• Consolidated PAT: INR 8,24,77,587.
• Consolidated EPS: INR 4.02.
• Standalone current ratio: 1.59x; Standalone net debt/equity: 0.38x.
• Consolidated current ratio: 1.74x; Consolidated net debt/equity: 0.48x.
• Standalone cash from operations: INR 11,57,94,557; Consolidated: INR 5,24,94,758.

IPO & capital actions

• IPO completed Apr 2024; 5,499,600 shares issued at Rs 98.
• Listed on BSE SME; Scrip code 544166.
• Paid-up capital after IPO: Rs 20,49,96,000 (2,04,99,600 shares).
• IPO expenses: INR 401.67 Lakhs charged to Securities Premium.
• Promoters’ holding: Ashok Mehta 37.85%, Neetu Mehta 36.62%.
• No dividend declared for FY2025-26.
• No sweat equity or buyback during the year.

Capital structure & liquidity

• Short-term borrowings: Rs 20,92,73,490; long-term borrowings: Rs 13,72,79,562.
• Total debt (Standalone): Rs 34,65,53,052.
• Net debt to equity (Standalone): 0.38x; Consolidated: 0.48x.
• Standalone cash & cash equivalents: Rs 22,57,755; Consolidated: Rs 45,08,787.
• Standalone current ratio: 1.59x; Consolidated: 1.74x.
• Cash from operations (Standalone): Rs 11,57,94,557; (Consolidated): Rs 5,24,94,758.

Operations & governance

• Business focuses on niche automotive drivetrain parts for 4WD and performance racing.
• Board: Ashok Mehta (MD), Neetu Mehta (Director), Azeez Mehta (WTD & CFO).
• Independent Directors: Raman Tewari and Manish; NRC and Audit Committee in place.
• Secretarial audit: no material qualifications; internal controls deemed adequate.
• Corporate governance disclosures not applicable for SME platform; governance framework exists.

Related party transactions

• RPTs with EMSPL (subsidiary), Emmbros Automotives, Prospeedways LLC; all at arm’s length.
• EMSPL: subsidiary; loans and intercompany transactions recorded; material balances disclosed.
• Emmbros Automotives Pvt Ltd: sales and purchases with Emmforce group; material figures disclosed.
• Prospeedways LLC (USA): significant sales to Emmforce Autotech group; RPT approvals in place.
• Annexure disclosures show RPTs are reviewed by Audit Committee and disclosed.

CSR & ESG

• CSR expenditure for the year: Rs 20.03 Lakhs; 2% of average net profit.
• CSR policy and projects disclosed on company website; CSR impact reporting provided.

Audit, risk & controls

• Statutory auditors: Vijay Jindal & Associates; Secretarial auditor: Kanwaljit Singh.
• Internal financial controls deemed adequate; no material weaknesses noted.
• Management discussion and risk framework presented; focus on governance and compliance.

Remuneration & governance

• Remuneration for MD and WTDs aligned with Schedule V and NRC/Board approvals.
• Disclosure of remuneration parameters and comparatives in Annexures; profits may be inadequate in some years.
• Directors’ shareholdings and related party governance summarized; related party policy in Annexures.

Outlook & strategy

• Management aims 5-10% productivity gains; 2-3% cost reduction; EBITDA margin uplift of 1-2%.
• Expansion plans and product diversification aligned to 4WD and performance racing segments.