Andhra Pradesh Tanneries Ltd

AGM Details

• AGM held physically on Sep 30, 2026 at 11:00 AM; remote e-voting available.
• Cut-off date for voting entitlements: Sep 23, 2026.
• Ballot voting not used at AGM; all voting via remote e-voting.

Key Resolutions

• Resolution 1: Ordinary; adoption of Audited Financial Statements and related reports.

Voting Results

• Resolution 1 passed; full support with no opposing votes.

AGM Details

• Date and time: 30 September 2026, 11:00–12:00 IST, physical meeting.
• Venue: Leather Complex Area, Nellimarla, Vizianagaram, Andhra Pradesh.
• Remote e-voting: 27–29 September 2026; cut-off 23 September 2026.
• Ballot voting available for attendees who hadn't voted remotely.

Resolution 1

• Resolution 1: Ordinary; appointment of Directors and Auditors thereon.
• Outcome: Passed with 100% favour; 1,933,502 votes.
• Remote e-voting conducted; no ballot votes cast at AGM.

Andhra Pradesh Tanneries Limited trading window closed from October 1, 2026 till 48 hours after the date of board meeting where unaudited financial results for the quarter and half-year ended September 30, 2026 would be considered.

Financial performance

• Revenue from operations: Nil.
• Total income: ₹5.52 Lakhs.
• Net loss after tax: ₹14.50 Lakhs.
• Basic/diluted EPS: ₹-0.66.
• Net worth: ₹-1,299.33 Lakhs.
• No dividend declared for 2025-26.

Liquidity and cash flows

• Cash and cash equivalents: ₹1.78 Lakhs.
• Net cash flow from operating activities: ₹-14.90 Lakhs.
• Net cash flow from financing activities: ₹11.74 Lakhs.
• Net decrease in cash: ₹-3.16 Lakhs.

Debt and capital structure

• Non-current borrowings: ₹1,100.38 Lakhs.
• Current borrowings: ₹200.00 Lakhs.
• Total borrowings: ₹1,300.38 Lakhs.
• Equity share capital: ₹220.84 Lakhs.
• Promoter holdings: Bambolli Holdings 48.99%, Gita R Pandit 39.28%.
• Trading suspended on BSE; 16,26,100 shares pending listing; listing fees unpaid.

Operations and outlook

• Plant is non-operational with no tanning operations.
• Company has ceased operations; revival efforts ongoing.
• Management notes going concern risk due to negative net worth.
• Management MR&A not provided due to no operations.

Governance and management

• Company Secretary appointed 01 May 2026: Binita Patel.
• Uma Yelavarthy to retire by rotation; eligible for re-appointment.
• Board met 4 times during the year; attendance details available.
• Independent Directors: Glen Mascarenhas and Vibheeshana Busurothu.

Audit and compliance

• Statutory auditors: Bhogilal C. Shah & Co.; Secretarial auditor: Parikh & Associates.
• Going concern: material uncertainty acknowledged in the audit report.
• Internal audit: not in place; CS regularised from 01.05.2026.
• Listing-related: listing fees unpaid; trading suspended; penalty action by BSE; waiver sought.
• Contingent liability: Income tax demand ₹55.47 Lakhs.

Shareholding and market status

• Promoter holdings total 88.27% (Bambolli Holdings 48.99%, Gita R Pandit 39.28%).
• Equity shares: 2.20 million; par value ₹10 each.
• Dividend not declared; no rights issue in the year.

AGM Details

• 52nd AGM scheduled for Sep 30, 2026 at 11:00 a.m.
• Record date for AGM fixed as Sep 23, 2026.

Approval & reporting

• Board approved unaudited results for quarter ended 30 June 2026.
• Audit committee reviewed; board approval on 13 August 2026.
• Limited review report enclosed; no audit opinion issued.
• Results prepared under IndAS from April 1, 2017.

Accounting notes

• IndAS adoption date 1 April 2017; IndAS 34 interim financial reporting.
• Figures for prior periods regrouped/rearranged where necessary.

Date & version

• Statement dated 13 August 2026; Company: Andhra Pradesh Tanneries Limited.

Meeting Details

• Board meeting scheduled for 13/08/2026; time and venue not disclosed.

Key Agenda Items

• Consider and approve unaudited financial results for quarter ended 30.06.2026.

Other Notes

• Trading window closed from July 01, 2026 to close of business on 16/08/2026.