Max Alert Systems Ltd

Certificate submission

• Certificate under Regulation 74(5) submitted by the RTA for the reporting period.

Max Alert Systems Ltd — Trading Window Closure from October 01, 2026 until the conclusion of the 48 hours post the board meeting for the half-year ended September 30, 2026

AGM Details

• Date/time/mode: Sep 10, 2026, 12:00 PM; VC/OAVM.
• Record date: Sep 2, 2026; total shareholders on cut-off: 450.
• Attendance: 3 promoters and 24 public attended via VC.

Resolutions

• Resolution 1 (Ordinary): Adopt Audited Standalone FS for year ended 31 March 2026; passed.
• Resolution 2 (Ordinary): Re-appointment of Amit Vengilat as Executive Director; passed.

Voting Results

• Resolution 1 passed: 6,260,250 in favor; 0 against.
• Resolution 2 passed: 6,249,850 in favor; 10,400 against.

Dividend & Directors

• Dividend: No dividend proposed or declared.
• Director changes: Amit Vengilat reappointed as Executive Director.

AGM Details

• 23rd AGM held on Sep 10, 2026 at 12:00 PM via Video Conferencing / OVAM.

Key Resolutions

• Adoption of Audited Financial Statements for year ended Mar 31, 2026.
• Re-appointment of Amit Vengilat as Executive Director by rotation.

Voting Status

• Voting results to be announced within two working days.
• Updates will be posted on BSE and company website.

Other Governance Details

• Ms. Amruta Giradkar appointed Scrutinizer for e-voting.
• Auditor's Report and Secretarial Audit Report had no qualifications.
• Question & Answer session: no questions were raised.
• Meeting concluded at 1:20 PM.

AGM Details

• AGM held on 10 September 2026 at 12:00 IST via VC/OAVM.

Key Resolutions

• Ordinary resolution: adoption of Audited Financial Statements for year ended March 31, 2026.
• Ordinary resolution: re-appointment of Amit Vengilat as Executive Director.

Voting Outcomes

• All resolutions passed, subject to requisite majority; no significant dissent.

Dividend

• No dividend declared or proposed.

Directors

• No new director appointments; existing director reappointed.

Auditors & Scrutinizer

• Scrutinizer appointed: Amruta Giradkar & Associates.

Related Party & Other Approvals

• No material related party transactions disclosed.

Appointment details

• Ms. Tripti Gupta appointed Company Secretary and Compliance Officer, effective Sept 2, 2026.
• Reason: to fill the existing vacancy.
• Ms. Tripti Gupta is ICSI Associate Member (A40973) and CA Intermediate.

AGM and filing details

• AGM date: September 10, 2026 at 12:00 PM via Video Conferencing.
• Annual Report for FY 2025-26 submitted with AGM notice.

AGM Details

• AGM on Sep 10, 2026 at 12:00 PM IST via VC/OAVM.
• Notice and Annual Report emailed to registered members.
• Cut-off date for remote e-voting: Sep 2, 2026.
• Register of Members closed Sep 4–10, 2026.
• Remote e-voting window: Sep 5–9, 2026.
• VC/OAVM attendance counted for quorum.

Key Resolutions

• Ordinary: Adoption of Audited Financial Statements for FY2025-26.
• Ordinary: Re-appointment of Amit Anand Vengilat as Executive Director (retiring by rotation).

Director Changes

• Amit Anand Vengilat to be re-appointed as Executive Director.
• Remuneration to follow Nomination and Remuneration Policy.
• Board recommends his re-appointment.

Financial performance

• Revenue from operations rose to ₹2,329.41 lakh, up 58.6% YoY.
• Total revenue reached ₹2,672.73 lakh, up 58.6% YoY.
• Profit before tax was ₹557.56 lakh, up 70.32%.
• Profit after tax stood at ₹551.80 lakh, up 69.98%.
• Basic EPS ₹59.98 per share, up 70%.
• Other income totaled ₹343.32 lakh.
• Deferred tax credit of ₹5.76 lakh.

Operational platform & assets

• Mining/crushing operations in Jharkhand underpin supply and customer relations.
• 47-acre Jamtara quarry and 200 TPH Khunti plant form core assets.
• Telecom Tower Installation segment had no revenue in FY25-26.

Capital structure & dividends

• Authorized capital ₹20 crore; issued paid-up capital ₹92 lakh.
• No dividend declared for FY2025-26.
• Share application money pending allotment ₹269.92 lakh.
• No long-term borrowings; debt-free on balance sheet.

Governance & controls

• BSE trading suspended due to ongoing procedural/compliance requirements.
• 23rd AGM via VC/OAVM on 10 Sep 2026; remote e-voting available.
• Internal financial controls not operating effectively as at 31 Mar 2026.
• Statutory auditors: Jain Vinay & Associates; internal KKAB & Co.; secretarial Amruta Giradkar.

Related party transactions

• Tangent Construction (I) Pvt Ltd: sale/receipt ₹296.33 lakh.
• Koncherry Cocowright Pvt Ltd: loan ₹82.70 lakh.
• Ishaan Stone Works: purchases/closing ₹13.51 lakh.
• Astra Ventures: purchases/closing ₹4.89 lakh.
• CFO salary: ₹7.66 lakh.

Liquidity & going concern

• Accumulated losses ₹1,140.92 lakh as of 31 Mar 2026.
• Operating cash flow negative; closing cash ₹31.37 lakh.
• No long-term borrowings; going concern supported by shareholder backing.

Risks & opportunities

• Regulatory risk from mining approvals and environmental permissions.
• Geographic diversification to span Jharkhand and Maharashtra.
• Industry demand driven by infrastructure spending and aggregates need.

Growth strategy & investments

• Expand mineral-resource base with new quarry assets and opportunities.
• Increase crushing/processing capacity; diversify geographic footprint.
• Advance value-added processing; prudent capital deployment toward assets.