Boston Bio Systems Ltd

AGM Details

• AGM held on 30 Sep 2026 at 5:00 PM IST via VC/OAVM; session 5:14–5:23 PM.
• Quorum present; Notice and annual report circulated electronically.

Resolutions

• Adopt audited standalone financial statements for FY2025-26; ordinary resolution.
• Re-appointment of Yash Arun Chaudhary by rotation; ordinary.
• Appointment of Nirav S. Shah & Co. as Co-Statutory Auditors for five years; ordinary.
• Appointment of Archana Chaitanya Pandya as Director and Whole-Time Director and CFO; ordinary.
• Appointment of Mehul Raval as Secretarial Auditor for FY2026-27; ordinary.

Voting Status

• Voting results to be declared within the prescribed timeline and submitted to BSE.

Director Changes

• Archana Chaitanya Pandya appointed as Director, Whole-Time Director and CFO.
• Yash Arun Chaudhary re-appointed by rotation.

Auditors

• Nirav S. Shah & Co. appointed Co-Statutory Auditors for five years.
• Mehul Raval appointed Secretarial Auditor for FY2026-27.

Boston Commerce Limited: Trading Window closed from Oct 1, 2026; shall reopen after the expiry of 48 hours from the declaration of the Unaudited Financial Results of the Company for the quarter and half year ending September 30, 2026.

Annual report and AGM details

• Annual Report for FY2025-26 and AGM notice sent to non-registered shareholders via email.
• AR and AGM materials available on the company's website.
• 31st AGM scheduled for 30 September 2026 at 5:00 PM IST via VC/OAVM.
• Signatory: Archana Chaitanya Pandya, Additional WTD & CFO (DIN: 10147795).

Key dates

• Book closure from Sep 24, 2026 to Sep 30, 2026, inclusive, for 31st AGM.
• AGM date: Sep 30, 2026 at 5:00 PM IST, via VC/OAVM.
• Voting eligibility cut-off date: Sep 23, 2026.
• Remote e-voting period: Sep 27, 2026 9:00 AM to Sep 29, 2026 5:00 PM IST.
• E-voting facility provided by NSDL.

Financial performance

• Total income for FY2025-26: 48.37 lakh, up from 19.25.
• Profit after tax: negative 717.61 lakh; prior year -54.73.
• Revenue from operations: 48.37 lakh; services only.
• EPS: Basic and diluted at Rs -10.248.
• Dividend: no dividend declared.

Cash flow & liquidity

• Net cash from operating activities: 441.96 lakh.
• Net cash from financing activities: -437.80 lakh.
• Year-end cash balance: 8.45 lakh; net increase 4.16.
• Cash flow notes reflect higher outflows and losses.

Balance sheet highlights

• Total equity: -127.15 lakh; net equity declined.
• Net debt: 157.17 lakh; gross debt 165.62.
• Current ratio: 0.38x; debt-to-equity: -1.30x.
• Trade payables: 24.90; current liabilities: 204.01.

Outlook & business developments

• Altered object clause to include IT, agriculture, real estate, trading, ecommerce.
• Name change approved to Boston Commerce Limited.
• ROC approval in Nov 2025; effect Feb 2026.
• BSE suspension revoked; trading restored.
• Management remains cautious; focus on viable opportunities.

Governance & board changes

• Archana Chaitanya Pandya appointed WTD and CFO from 14 Aug 2026.
• Independent directors Jansi Patel and Gunjan Leuva appointed in 2026; approved Aug 5, 2026.
• CS Mehul Raval appointed as Secretarial Auditor for 2026-27.

Auditors & internal controls

• Nahar V. & Co resigned; Sunit M Chhatbar & Co appointed Sept 2025.
• Secretarial Auditor: Shashank Kumar & Associates; MR-3 issued.
• Internal controls are adequate with no material weaknesses.

Dividends, reserves & CSR

• No transfer to general reserve.
• No dividend declared; CSR not applicable; to be considered when applicable.

Key Decisions

• Audited financial statements for the year ended March 31, 2026 approved.
• Secretarial Audit Report for the year ended March 31, 2026 approved.
• Board's Report for the year ended March 31, 2026 including MD&A approved.
• Approved appointment of M/s Nirav S. Shah & Co. as Co-Statutory Auditors; five-year term post-AGM, subject to approval.
• Approved appointment of CS Mehul Raval as Secretarial Auditor for FY 2026-27; subject to AGM approval.
• Convene 31st AGM on September 30, 2026 via VC/OAVM.
• Notice of AGM including resolutions to be placed before Members.
• Cut-off date for voting eligibility fixed at September 23, 2026.
• Remote e-voting from Sep 27, 2026, 9:00 AM to Sep 29, 2026, 5:00 PM IST via NSDL.

Board meeting cancellation

• Board meeting to consider unaudited results for quarter ended 30 June 2026 cancelled due to unavoidable circumstances.
• Revised date for the board meeting will be intimated to stock exchange separately.

Secretarial auditor resignation

• Main purpose: Secretarial auditor M/s Shashank Kumar & Associates resigned, effective 2 July 2026.
• Reason: Resignation due to pre-occupational reasons.
• Board action: Board noted the resignation at 14 Aug 2026 meeting.
• Documentation: Resignation letter dated 2 July 2026 enclosed.
• Cessation: Cessation date 2 July 2026; no replacement disclosed.
• Regulatory: Intimation submitted under SEBI LODR regulations.

Appointment of Archana Chaitanya Pandya as Additional Director / WTD & CFO

• Board approved appointment on 14 August 2026.
• Appointed as Additional Director, Whole-Time Director.
• Also designated as Chief Financial Officer (KMP).
• Term: five-year tenure from 14 August 2026, subject to shareholder approval.
• Not related to any other Directors.
• Not debarred from holding the office of Director.
• B.Com degree; background in finance, administration and commerce.
• Effective from 14 August 2026.
• Subject to shareholders' approval.