Chandrima Mercantiles Ltd

Chandrima Mercantiles Ltd — Closure of Trading Window

AGM Details

• Date: 17-09-2026; mode: VC/OAVM.
• Start time: 12:12 PM; end time: 12:19 PM.
• Record date: 10-09-2026.
• Total shareholders on record: 22,709.
• Public attendees via VC: 34.
• Resolutions passed: 4.

Key Resolutions

• Ordinary: Adopt standalone financial statements and notes.
• Ordinary: Re-appointment of director retiring by rotation.
• Ordinary: Appoint Statutory Auditor: M/s. A A K & Associates.
• Special: Appoint Ms. Neha Singh as Independent Director.

Voting Results

• Resolution 1: Passed; high in-favour.
• Resolution 2: Passed; high in-favour.
• Resolution 3: Passed; high in-favour.
• Resolution 4: Passed; high in-favour.

Dividend

• Dividend: No dividend proposed or declared.

Director Changes

• Independent Director appointed: Neha Singh (Non-Executive).
• Director re-appointment: Hareshbhai Gohel (rotating).

Auditor Appointments

• Statutory Auditor appointed: M/s. A A K & Associates, Chartered Accountants.

Material Related Party Transactions

• No material related party transactions disclosed.

Other Material Approvals

• No ESOPs, mergers, or charter amendments disclosed.

AGM details

• AGM held on 17 September 2026 at 12:12 P.M. via VC/OAVM; venue deemed at registered office.
• Cut-off date for voting: 10 September 2026.

Resolutions and voting

• Resolution 1 passed; 94,637,411 in favour, 1,210 against (99.99% vs 0.01%).
• Resolution 2 passed; 94,637,411 in favour, 1,210 against (99.99% vs 0.01%).
• Resolution 3 passed; 94,637,461 in favour, 1,160 against (99.99% vs 0.01%).
• Resolution 4 passed; 94,637,461 in favour, 1,160 against (99.99% vs 0.01%).

AGM Details

• Date: 17 September 2026; mode: VC/OAVM.
• Meeting time: commenced 12:12 PM, concluded 12:19 PM.

Key Resolutions

• Adopt audited standalone financial statements for year ended 31 March 2026, with notes and cash flow.
• Re-appoint Mr. Dinesh Gohel as director by rotation.
• Appoint MAK & Associates as Statutory Auditor.
• Appoint Neha Singhal as Non-Executive Independent Director.

Voting status

• Results will be announced within two working days.
• Post-meeting e-voting window of 30 minutes for non-voting members.

Book Closure Details

• Book closure: 10 September 2026 to 17 September 2026 (inclusive) for AGM.
• Security type: Equity shares (Scrip Code 540829).
• Cut-off date: 21 August 2026 for sending notice.
• E-Voting cut-off: 10 September 2026 for 44th AGM.

Clarification on price movement

• Company states no price-sensitive information; disclosures under SEBI LODR complete; volatility market-driven and no reportable event.

Financial snapshot

• Revenue from operations: Rs 7,753.63 Lakhs in FY2025-26.
• Total income: Rs 7,778.92 Lakhs; up from 2,919.38.
• Profit before tax: Rs 500.09 Lakhs; up from 69.17.
• Net profit after tax: Rs 400.32 Lakhs; up from 72.94.
• Basic EPS: (0.12) Rs; Diluted: (0.15) Rs.
• Dividend declared: None for FY2025-26.

Capital & equity structure

• Authorised capital raised to Rs 33.32 Cr from Rs 22.52 Cr.
• Share split: face value from Rs 10 to Rs 1 per share.
• Bonus issue: 11,10,56,500 shares issued on 9 Oct 2025.
• Paid-up capital: Rs 33.3169 Cr; 33,316,950 shares.
• Securities premium: Rs 112.87 Lakhs; retained earnings: Rs 6,626.59 Lakhs.
• Record date for bonus: 9 Oct 2025; allotment completed.

Operations & segment

• Single operating segment: Agriculture; turnover 7,753.63 Lakhs in FY26.
• No change in nature of business during year.

Liquidity & solvency

• Borrowings: unsecured Rs 575.45 Lakhs as at 31-03-2026.
• Current ratio: 40.97; debt-to-equity: 0.06.
• Cash and cash equivalents: Rs 1.03 Lakhs; bank balance Rs 0.23.
• Total equity: Rs 10,101.16 Lakhs; total assets Rs 11,911.95.

Governance & board

• Neha Singhal appointed Independent Director, effective 12 Aug 2026.
• 11 board meetings held in 2025-26; 100% attendance.
• Audit Committee met 8 times; chair Chetna; Aug 2026 membership changes.
• Arun Thakor resigned 4 Jul 2025; Parin Bhavsar left 12 Aug 2026.
• Neha Singhal joined NRC from 12 Aug 2026.

Audit & controls

• Statutory Auditor: M A A K & Associates; unmodified opinion.
• Previous auditor resigned; MA AK appointed in Q3 2025-26.
• Internal financial controls: adequate and operating effectively.
• Balance confirmations for trade payables/loans not provided; tax notice under discussion.

CSR & ESG

• CSR not applicable; no CSR expenditure during year.

Shareholder information

• Dematerialisation: 100% in demat; ISIN INE371F01024.
• Listing: BSE Limited; Stock code 540829.
• Major shareholding: Corporate Bodies 91.38%; Public 8.48%; Promoters 0%.

Key Decisions

• Appointment of M/s M A A K & Associates as Statutory Auditors for 2026-31, subject to member approval.
• AGM scheduled for 17 September 2026 at 12:00 PM via VC/OAVM.

Appointments/Resignations

• Statutory Auditor: M/s M A A K & Associates (FRN 135024W) appointed; effective from 44th AGM conclusion date.
• Term: 44th AGM conclusion to 49th AGM (2031).
• Brief profile: Finance and audit professional formerly with Deloitte, now proprietor at Kenan Satyawadi & Co.
• Peer review validity for the auditor: 30 June 2027.