Befound Movement Ltd

AGM Details

• AGM held on 23 September 2026 at 04:00 P.M. IST via VC/OAVM.
• Quorum achieved through virtual meeting; no physical venue.

Resolutions

• Ordinary resolution to adopt the Audited Standalone Financial Statements for FY ended 31 March 2026.
• Special resolution for approval of related party transaction.

Voting Status

• Voting results to be declared after Scrutinizer's Report.
• Results to be submitted to BSE as required.

BEFOUND MOVEMENT LIMITED – Trading Window closed from Thursday, October 01, 2026 in connection with the declaration of Unaudited financial results of the Company for the quarter ended on September 30, 2026; The Trading Window will open 48 hours after the said financial results are declared to the Stock Exchanges.

AGM Details

• AGM date, time and mode: 23 September 2026, 04:00 PM, via VC/OAVM.
• Deemed venue: specified location; meeting conducted via VC/OAVM.
• Register of Members closed Sep 17–19, 2026.

Resolutions

• Ordinary business: Adoption of Audited Standalone Financial Statements for FY 2025-26.
• Special business: Approval of Related Party Transactions up to Rs 2 crores for 2026-27.

Related Party Transactions

• Related party: Rajesh Kapoor, MD, with Rs 2 crore loan.
• Purpose: meet working capital requirements; source of funds: own funds.
• Terms: unsecured loan repayable on demand; arm's length pricing.
• Maximum aggregate value: Rs 2 Crores; board authorized to enter.
• Justification: transactions at arm's length in ordinary course.
• Audit Committee/Board approved RPT terms; arm's length.

Financial performance

• Revenue from operations: 275.00 Lakhs in FY2025-26, up from 145.00 in FY2024-25.
• Total income: 275.00 Lakhs; no other income.
• Profit after tax: 1.03 Lakhs in FY2025-26, vs 3.25 in prior year.
• EPS: Rs 0.01 for FY2025-26.
• PBT before tax: 3.80 Lakhs, vs 3.46 in prior year.
• Operating margin: 1.38%; Net margin: 0.37%.
• Debtors turnover: 1.38; Current ratio: 0.95; Debt-equity: 1.50.

Capital structure & liquidity

• Short-term borrowings: Rs 1.50 Crore; Trade payables: Rs 1.32 Crore.
• Current liabilities total: Rs 3.20 Crore; Cash/bank balance: Rs 2.33 Lakh.
• Unsecured related-party loan: Rs 1.50 Crore from related party.
• Convertible warrants issued: 2,00,00,000 warrants at Re 1 each.

Dividends & share capital

• Dividend for FY2025-26: not recommended.
• Share capital: Rs 1.00 Crore; Authorized: Rs 10.00 Crore.
• Convertible warrants: Rs 2.00 Crore aggregate issued.

Governance & audit

• Statutory auditor: L K Ajmera & Associates; Secretarial auditor: DSM & Associates; Internal auditor: Arun Mulya.
• Board changes: Rohit Thorve ceased; Ganesh Badgujar and Sakshi Dubey appointed; Neha Badlani ceased; Rajesh Kapoor MD; CFO changes: Kapoor out, Tulsa Silwal in.
• Auditor's report: unmodified; Emphasis of matter: accumulated losses Rs 5.46 Crore; going concern noted.
• Independent director databank not yet populated.

Related party transactions

• Related party loan: Rs 2.00 Crore from Rajesh Kapoor; approved May 27, 2025; at arm's length.
• Loans to directors disclosed; RPT policy on company website.

Management discussion & outlook

• Company operates a single trading segment; long-term growth prospects remain.
• GST policy changes may boost market; risk management in place; outlook cautiously positive.

Shareholder information & market data

• AGM date: Sept 23, 2026; Book closure: Sept 17-19, 2026.
• Stock code: 511585; ISIN: INE425F01028; Listing: BSE.
• Shareholding: Naresh Shah holds 7.87% as of 31-Mar-2026.
• Demat: 99.64% of shares in DEMAT form; 2,825 holders total.

Key approvals and governance

• Director's Report, Corporate Governance Report, and MD&A for year ended March 31, 2026 approved.
• Related Party Transactions approved subject to member approval at the AGM.
• Notice for 38th AGM scheduled September 23, 2026 via VC/OVAM.
• E-voting window opens Sept 20–22, with cut-off Sept 16, 2026.
• Voting rights in proportion to paid-up equity as on cut-off date.
• E-voting facility available during AGM for absent voters.

AGM timing and voting outcomes

• Result of e-voting to be published on or before Sept 24, 2026.
• Scrutinizer appointed: M/s NVB & Associates, Practising Company Secretaries.
• Meeting commenced at 04:00 PM and concluded at 04:30 PM.

Regulatory/compliance

• Trading window reopens 48 hours after outcome disclosure under SEBI PIT Regulations.

Meeting Details

• Board meeting scheduled for Friday, August 28, 2026; time and venue not disclosed.

Key Agenda Items

• Approve Directors’ Report, Corporate Governance Report, and Management Discussion and Analysis for year ended March 31, 2026.
• Approve related party transactions for the financial year 2026-27.
• Appointment of Internal Auditor for three financial years 2026-27 to 2028-29.
• Approve notice for calling of Annual General Meeting.
• Fix the dates of Book Closure for Annual General Meeting.
• Decide time, venue and date of Annual General Meeting.
• Appointment of Scrutinizer for AGM process.

Other Notes

• Trading window remains closed from Aug 24, 2026 to 48 hours after board outcome.

Financials

• Revenue from operations ₹130.00 Lakhs for quarter ended 30-Jun-2026.
• Total expenses ₹150.02 Lakhs, leading to loss before tax ₹-20.02 Lakhs.
• Profit after tax ₹-20.02 Lakhs for the period.
• EPS (basic and diluted) ₹-0.20 and ₹-0.24 for continuing operations.
• Board approved standalone unaudited results for the quarter.

Meeting Details

• Board meeting scheduled for August 14, 2026; time and venue not disclosed.

Key Agenda Items

• To approve unaudited standalone financial results for the quarter ended June 30, 2026.

Other Notes

• Trading window for insiders remains closed from July 01, 2026 to 48 hours after results announcement.