Yashraj Containeurs Ltd

Dematerialisation actions and listing

• Securities received for dematerialisation during the quarter were confirmed to the depositories.
• Dematerialised securities have been listed on stock exchanges where the earlier issued securities are listed.
• Physical certificates were mutilated and cancelled after verification; depository name substituted as registered owner within timelines.

AGM details

• AGM held on 30 September 2026 at 12:30 PM via VC/OAVM.

Resolutions

• Item 1 (Ordinary): Adopt audited financials and related reports.
• Item 2 (Special): Re-appoint Madhu Nitin Kanadia as non-executive independent director.

Voting results

• Item 1 passed with overwhelming in-favour; minimal opposition.
• Item 2 passed with 99.9999% in favour; minor opposition.

Director changes

• Re-appointment of independent director; no other changes.

AGM details

• AGM held on 30 September 2026 at 12:30 PM IST via VC/OAVM.
• Chaired by Resolution Professional Ajit Kumar.
• Record date 23 September 2026; 7,210 shareholders on record.
• Accounts and reports taken as read; no qualifications in audit reports.
• Scrutinizer appointed for e-voting: M/s. RSMJ & Associates.
• Meeting concluded at 12:50 PM IST after 15 minutes for e-voting.

Resolutions

• Resolution 1: Approve Audited Financials for year ended 31 March 2026.
• Resolution 2: Re-appoint Madhu Kanadia as Non-Executive Woman Independent Director (Special; Ordinary).

Voting status

• E-voting results to be submitted to Stock Exchanges and posted on company website.

Governance status

• Status: Company is under CIRP; governance by Resolution Professional Ajit Kumar.

Yashraj Containeurs Ltd: Trading Window shall remain closed with effect from October 01, 2026 till 48 hours after the declaration of the Unaudited Financial Results of the Company for the quarter ended September 30, 2026 (deadline on or before November 16, 2026).

Overview & CIRP status

• CIRP started Feb 22, 2024; RP controls company.
• Board powers suspended; RP oversees governance under IBC.
• 33rd AGM set for Sept 30, 2026 via VC/OAVM.
• Record date Sept 23, 2026; book closure Sept 24–30, 2026.
• CoC approved resolution plan; NCLT approval pending.
• Financials prepared on going-concern basis due to CIRP.
• No fresh loans; no subsidiaries; related party transactions at arm's length.

Financial performance

• FY2025-26 revenue from operations: zero; prior year 35.11.
• PAT for year ended 31-03-2026: loss ₹66.37 lakh.
• Prior year net loss: ₹2,418.18 lakh.
• Dividend not declared due to CIRP.
• Standalone Ind AS financials prepared; no fresh loans taken.

Capital structure & liquidity

• Current borrowings ₹1020.846 lakh; liquidity tight under CIRP.
• Non-current borrowings include secured bonds; Bank of India facility.
• Promoter holding 74.89%; Public 22.20%.
• Dematerialised shares about 98.42%; physical transfers halted.
• Cash ₹76.64 Lakhs; deposits ₹351.96 Lakhs.

Governance & board

• RP Committee manages affairs; five meetings held in 2025.
• Audit Committee non-functional during CIRP.
• Independent Director Madhu Kanadia reappointed for one year.
• Remuneration: no director remuneration; Company Secretary salary paid.
• Annual governance disclosures hosted on company website.

Audit & internal controls

• Auditor Satya Prakash Natani & Co; qualified opinion due to CIRP.
• Emphasis on going concern; accumulations of losses noted.
• Internal controls adequate; CIRP constraints acknowledged.
• Secretarial audit by Pranay Mandhana; annexures attached.

Industry, risks & outlook

• Manufacturing sector in India shows resilience; packaging demand steady.
• Risks include steel price volatility, energy costs, supply-chain disruptions.
• Revival prospects hinge on NCLT approval of CIRP resolution plan.

Operations & facilities

• Manufacturing drums and barrels; plant at Bhimpore, Daman.
• CIRP impact; ongoing focus on safety, productivity, and process improvements.

Shareholder information

• Promoter stake 74.89%; Demat holding 98.42%.
• Public and other category holders comprise remaining stake.

Regulatory & disclosures

• CSR not applicable; RPT policy disclosed on website.
• Related party transactions disclosed; all at arms-length.