Atvo Enterprises Ltd

AGM details

• AGM held 29 September 2026 at 3:30 PM via VC/OAVM.
• Record date for voting: 22 September 2026; total shareholders on record: 6765.
• Attended by: Promoter group 3, Public 40; venue via VC/OAVM.
• Remote e-voting period: 26–28 September 2026; Scrutinizer appointed.
• E-voting facility provided by CDSL; Scrutinizer: Brij Kishore Sharma.

Resolutions and outcomes

• Resolution 1 (Ord): Adoption of Audited Financial Statements for year ended March 2026 — Passed.
• Resolution 2 (Ord): Re-appointment of Siddharth Gattani (DIN 07418858) — Passed.
• Scrutinizer’s Report: All resolutions approved with requisite majority.

AGM details

• AGM held 29 September 2026 at 3:30 PM IST via VC/OAVM.
• Deemed venue: registered office, Bhilwara, Rajasthan.
• Cut-off date for voting: 22 September 2026.
• Meeting duration: 3:30 PM to 4:15 PM.

Ordinary resolutions

• Adoption of Audited Financial Statements for year ended 31 March 2026.
• Reappointment of Siddharth Gattani through retirement by rotation.

Voting status

• Outcome pending; results to be declared within two working days after Scrutinizer's Report.

Other governance notes

• Independent auditor’s report for FY26 was unqualified.
• Remote e-voting conducted 26–28 September 2026.

ATVO Enterprises Limited: Trading window closed from October 01, 2026 until 48 (Forty-Eight) hours after the declaration of Un-Audited Financial Results for the Quarter and half year ended 30th September 2026.

Amalgamation: key terms

• Board approves Scheme of Amalgamation of three transferors into Atvo Enterprises Limited; subject to approvals.
• No cash consideration; Transferee to issue equity shares to transferor shareholders as consideration.
• Share exchange ratio: Atvo Agrochem 58 equity shares per 100 transferor shares.
• Shubhshree Health Care: 5,202 equity shares per 100 transferor shares.
• Shorya Business (India): 4,160 equity shares per 100 transferor shares.
• Transferor Companies to dissolve without winding up; shares extinguished.
• Transferee will issue fully paid equity shares; record date to be decided after approval.
• Valuation and fairness opinions by Kapil Dev Dhir and D&A; e-voting to be provided if required.
• Regulatory approvals: NCLT sanction and shareholder/creditor approvals required.
• Related party status acknowledged; arm's length share exchange to be ensured; circular guidance referenced.

Unaudited Standalone Q1 2026 results

• Quarter ended 30 June 2026: Standalone unaudited results approved; Limited Review Report taken on record.
• Total income from operations (standalone): 86.94 lakh.
• Net sales/income from operations: 69.94 lakh.
• Other operating income: 17.00 lakh.
• Total expenses: 80.81 lakh.
• Profit before tax: 6.13 lakh.
• Tax expenses: 1.59 lakh.
• Net profit after tax: 4.54 lakh.
• EPS basic/diluted: 0.00424.
• Paid-up equity capital: 1,069.85 lakh.
• Single reportable segment: Knitting Job Work.
• Trading window opens 48 hours after results for designated persons and relatives.
• Audit Committee reviewed the unaudited results; Board took on record.

Auditor's Limited Review Remarks

• Limited Review Report on quarter ended 30 June 2026 issued by Naresh Maheshwari & Co.
• No audit opinion; engagement provides moderate assurance.
• No material misstatement observed per SEBI Regulation 33 disclosures.

Meeting Details

• Board meeting on 17 July 2026 at the registered office; time not disclosed.

Key Agenda Items

• Consider and approve un-audited standalone financial results for quarter ended 30 June 2026.
• Consider any other business with Chairman's permission.

Other Notes

• Trading window remains closed for 48 hours post results for quarter ended 30 June 2026.

Status under Regulation 74(5)

• Dematerialisation requests processed and confirmed/rejected by the Registrar and Transfer Agent to the depositories.
• Securities dematerialised have been listed on the exchanges where the earlier issued securities are listed.
• Physical certificates for dematerialisation were mutilated and cancelled after verification, with depository's name substituted as registered owner.

Acquisition Details

• Target: ATVO Enterprises Limited (formerly Vandana Knitwear Limited).
• Acquirer: Naresh Gattani HUF (Promoter group).
• PAC: Siddharth Gattani; Shorya Gattani; Ranjana Gattani; Charul Ajmera.
• Transaction: Acquisition of 169,500 equity shares.
• Pre-transaction holding: 2,827,400 shares (2.6428%).
• Encumbrances: None.
• Date of acquisition: 30-06-2026.
• Mode: Open Market.
• Post-transaction holding: 2,996,900 shares (2.8013%).
• Capital context: Rs 106,985,070 equity capital before and after.
• Post-transaction diluted voting: 2.8013%.

Shareholding update

• Intimation filed under Regulation 29(2) SEBI SAST for ATVO Enterprises Limited.
• Acquirer is Naresh Gattani HUF, with PAC: Siddharth, Shorya, Ranjana Gattani, Charul Ajmera.
• Date of acquisition: 30-06-2026; mode: Open Market.
• Pre-transaction holding: 2,827,400 shares, 2.6428%.
• Acquired 169,500 shares; post-transaction holdings total 2,996,900 shares, 2.8013%.
• Total equity share capital remains Rs 106,985,070.
• PAC combined voting rights total about 55.96%.
• Listed on BSE; filing references ATVO Enterprises Limited.
• No monetary consideration disclosed in the filing.

Board decision & compliance update

• Board noted SEBI LODR non-compliance for late Mar-2026 quarterly results submission.
• Delay was due to late receipt of accounting information; results submitted on 04 June 2026.
• Fines total ₹17,700 (₹15,000 basic + ₹2,700 GST) paid.
• Company intimated stock exchanges on 20 June 2026 regarding the delay.
• Board directed management to strengthen internal compliance monitoring to prevent recurrence.
• Financial results for Mar-2026 and FY ended 31 Mar 2026 submitted on 04 June 2026.