Ador Multiproducts Ltd

Thrive Future Habitats Limited: Trading Window closed from October 01, 2026 until 48 hours after the declaration of Unaudited Financial Results for the quarter and half year ending September 30, 2026.

Statutory Auditor appointment

• Appointment to fill casual vacancy as Statutory Auditor.
• M/s J.C. Bhalla and Co., Chartered Accountants (FRN 001111N).
• Approved Sep 16, 2026; term until the 79th AGM.
• Casual vacancy due to resignation of Praveen & Madan.
• Established 1943; services in Assurance, Risk Advisory, Tax, Corporate Advisory.
• Disclosure of relationships between directors: Not Applicable.
• No stated impact on board/committee composition.

Secretarial Auditor appointment

• Appointment of Secretarial Auditor.
• M/s Neeta A & Associates (COP 13218; PRC 5897/2024).
• Five-year term from FY 2026-27 to FY 2030-31.
• Appointed at 78th AGM.
• Neeta Aggarwal, ICSI Fellow; 13+ years in secretarial practice.
• Disclosure of relationships: Not Applicable.
• No stated impact on board/committee composition.

Director reappointment

• Reappointment as Director liable to retire by rotation.
• Vinay Kumar Singh, Director.
• Term: Office liable to retire by rotation; reappointed at 78th AGM.
• 35+ years in infrastructure; ex-NCRTC MD; led major rail projects.
• No inter-se relations with other directors.
• Not debarred/disqualified from reappointment.
• No stated changes to board/committee composition.

AGM Details

• AGM held on 16 September 2026 at 12:00 noon via Video Conferencing.
• Record date: 9 September 2026; total shareholders on record: 4,355.
• Attendance via VC: promoters 4; public 37.
• Seven resolutions were put to vote.

Resolutions & Outcomes

• Item 1: Ordinary—adopt financial statements; 99.99% in favor, 0.01% against; passed.
• Item 2: Ordinary—re-appoint Vinay Kumar Singh by rotation; 99.99% in favor, 0.01% against; passed.
• Item 3: Ordinary—appoint JC Bhalla & Co as Statutory Auditors (casual vacancy); 99.99% in favor, 0.00% against; passed.
• Item 4: Ordinary—appoint Neeta A & Associates as Secretarial Auditor; 99.99% in favor, 0.00% against; passed.
• Item 5: Special—increase borrowing limits under Section 180(1)(c); 99.99% in favor, 0.00% against; passed.
• Item 6: Special—enhance limits under Section 186; 99.99% in favor, 0.00% against; passed.
• Item 7: Ordinary—approve material related party transaction with MD; 99.68% in favor, 0.32% against; passed.

Appointments & Related Party Transactions

• Statutory Auditor appointed to fill casual vacancy: JC Bhalla & Co.
• Secretarial Auditor appointed: Neeta A & Associates.
• Material related party transaction with MD approved.

AGM details

• Date and time: Sep 16, 2026 at 12:00 noon, held via Video Conferencing.
• Mode and venue: VC; deemed venue at Malviya Nagar, New Delhi.
• Cut-off date for attendance: Sep 9, 2026; shareholders 4,355.
• Remote e-voting window: Sep 13–15, 2026; e-voting at AGM for others.
• Quorum confirmed; meeting concluded at 12:54 PM.

Resolutions and status

• Ordinary: Adopt standalone and consolidated financial statements; status awaiting Scrutinizer.
• Ordinary: Re-appoint Vinay Kumar Singh per rotation; status awaiting Scrutinizer.
• Ordinary: Appoint JC Bhalla & Co as Statutory Auditors to fill casual vacancy; awaiting Scrutinizer.
• Ordinary: Appoint Neeta A & Associates as Secretarial Auditor; awaiting Scrutinizer.
• Special: Increase borrowing limits under Section 180(1)(c); awaiting Scrutinizer.
• Special: Increase limits under Section 186; awaiting Scrutinizer.
• Ordinary: Approve material related party transaction with Vinay Kumar Singh; awaiting Scrutinizer.

Other governance notes

• Scrutinizer appointed: Neeta Aggarwal, Company Secretary in Practice.
• E-voting remained open for 15 minutes after meeting; AGM ended at 12:54 PM.
• Attendance: 41 members representing 71,51,595 equity shares.

KYC/PAN update for physical shares

• SEBI Master Circular HO/38/13/(4)2026 mandates PAN linked to Aadhaar, KYC, and nomination for physical shares.
• Non-updated folios restrict grievances, service requests, and dividend payments.
• Required updates cover PAN, postal address with PIN, email, mobile, demat and bank details.
• Nomination via SH-13; opt-out via ISR-3.
• Submit documents by post to BgSE Financials Limited or electronically to company/RTA.
• Dematerialize shares; transfers won't proceed for physical holdings.
• Electronic payments for dividends have been effective since 1 April 2024.

AGM notice and AR access

• 78th AGM on Sept 16, 2026 at 12:00 IST via video conference.
• AR FY2025-26 and AGM notice sent electronically to registered shareholders.
• Unregistered email shareholders receive web-link and QR code to access the AR.
• Web-link: https://thrivefuturehabitats.com/investors-services/annual-report/ and path provided.
• Cut-off date for member identification: Aug 14, 2026.
• Notice and AR also available on BSE and NSDL e-voting platforms.

Financial highlights

• Standalone revenue from operations: ₹122.32 lakh in FY2025-26, down from ₹217.97 lakh.
• Standalone total income: ₹230.28 lakh in FY2025-26.
• Standalone PBT: ₹-97.83 lakh; PAT: ₹-97.02 lakh.
• Consolidated revenue from operations: ₹122.59 lakh; total income ₹230.47 lakh.
• Consolidated PAT: ₹-102.20 lakh; basic EPS ₹-1.14.
• Dividends: no dividend declared for FY2025-26.
• Year-end cash: ₹2,216.57 lakh.
• Consolidated net cash from operating activities: ₹-336.24 lakh.
• Paid-up capital after promoter preferential allotment: ₹11.32 crore.
• Authorised share capital raised to ₹22 crore.
• Warrants outstanding: 9,312,364; convertible on exercise.
• Aura Flow ceased as subsidiary on 30-Mar-2026; 1908 E Ventures remains.

Capital structure & fundraising

• Authorised share capital increased to ₹22 crore; paid-up ₹11.32 crore.
• 9,312,364 warrants outstanding; convertible into equity on exercise.
• Promoter shares: 66.46 lakh; public: 17.59 lakh.
• Total equity increased through warrant and share issuances.
• Group net debt turned negative due to large cash holdings; gearing negative.

Business developments & strategy

• New promoter group gained control; management changes May 2025.
• Real estate expansion with strategic land acquisitions and JV opportunities.
• Object clause amended to include real estate activities.
• Aura Flow divestment completed; Aura Flow ceased by 30-Mar-2026.
• Promoter and non-promoter preferential allotments executed.

Governance & board changes

• Board refreshed; Arvinder Pasricha appointed Chairman; Vinay Kumar Singh as MD/CFO.
• Independent director Sandeep Ahuja re-appointed; Kumari Singh joined; others resigned.
• Audit Committee and Nomination & Remuneration Committee re-constituted May 2025.
• Secretarial Auditor: Neeta A & Associates; Internal Auditor: Jain Chopra & Co.
• Registered office shifted to Delhi; MCA approved; certificate issued Apr 2026.

Related party transactions

• Material RPT with MD Vinay Kumar Singh; aggregate value up to ₹2 crore per year.
• FY2025-26 RPTs approx. ₹200 lakh; remuneration to be approved; arms length.
• MD remuneration proposed ₹12.50 lakh/month for FY2026-27; previously ₹5 lakh.
• MD to RPT voting: related party does not vote on ordinary resolutions.

Subsidiaries & divestments

• Subsidiary 1908 E Ventures Private Limited remains; Aura Flow ceased.
• Aura Flow not included in consolidation post-sale; entity ceased.
• Form AOC-1 provides details of subsidiary as Annexure E.

Outlook & risks

• Outlook supports growth from personal care and real estate expansion.
• Risks include regulatory changes, input cost volatility, competition, and macro uncertainty.
• Management emphasizes risk management and strong internal controls.