Comfort Intech Ltd

Comfort Intech Limited — Trading Window closed from Thursday, October 01, 2026 till 48 hours after the declaration of the Unaudited Financial Results (Standalone & Consolidated) for the quarter and half year ended September 30, 2026.

AGM Details

• Date and time: 21 September 2026, 11:00 IST.
• Mode: Video Conferencing / OAVM.
• End time: 11:45 IST.
• Record date: 14 September 2026.
• Shareholders on record: 111,792.

Resolutions put to vote

• Resolution 1: Adopt standalone and consolidated financial statements.
• Resolution 2: Declare final dividend of Rs 0.05 per equity share.
• Resolution 3: Re-appointment of director by rotation (Apeks Kadam).
• Resolution 4: Approve material related party transactions (special).

Voting results by resolution

• Resolution 1 passed with near-unanimous support (99.999%).
• Resolution 2 passed; dividend approved.
• Resolution 3 passed; director re-appointment approved.
• Resolution 4 passed; material RPTs approved.

Dividend

• Final dividend of Rs 0.05 per equity share (5%).

Related party transactions notes

• Related-party votes excluded per notes on RPTs.

AGM Details

• AGM held on 21 September 2026 at 11:00 IST via VC/OAVM.
• Meeting concluded at 11:45 IST; quorum was present.
• Remote e-voting available; results to be declared within two working days.
• Auditor's and Secretarial Auditor's reports had no qualifications.

Dividend

• Final dividend of Rs 0.05 per share declared.

Resolutions

• Ordinary: Adopt audited standalone and consolidated financial statements for FY2025-26.
• Ordinary: Re-appoint Mrs. Apeksha Kadam (DIN 08878724) who retires by rotation.
• Special: Approve material related party transactions.

Director Changes

• Apeksha Kadam to be re-appointed; retires by rotation.

Related Party Transactions

• Special resolution to approve material related party transactions.

Voting Status

• E-voting results to be declared within two working days.

AGM and annual report access

• 32nd AGM to be held Sept 21, 2026 at 11:00 IST via VC/OAVM.
• Annual Report 2025-26 and AGM notice accessible online at www.comfortintech.com.
• Link path: Investor Relations > Annual Reports > 2025-26.

Shareholder communications

• Letter to shareholders without registered email provides web access details.
• Email updates optional but encouraged for uninterrupted communications.

KYC and dematerialisation

• KYC update required to dematerialise physical securities per SEBI circular 2024/37.
• Forms ISR-1/2/3, SH-13/14 available on company and RTA sites.

Dividend details

• Board recommended 5% final dividend for FY2025-26, subject to AGM approval.
• Dividend amount Rs 0.05 per equity share on face value Rs 1.
• Record date for dividend eligibility: 14 September 2026.
• Share transfer registers closed 15–21 September 2026 for dividend eligibility.
• Dividend to be paid after applicable tax deduction if approved.

TDS framework

• TDS on dividend applies from 1 April 2026 with PAN-based rates.
• Resident: 10% TDS with PAN; 20% without PAN or where required.
• Nil/low TDS possible for certain entities with required documents.
• Non-residents: 20% or lower treaty rate subject to documents.
• Documents include PAN, Form 41/121, TRC, and declarations for treaty benefits.
• Company may request additional information to determine applicable TDS rate.

Payment mechanics and compliance

• Dividend will be paid after TDS deduction and TDS certificate issued to shareholders.
• Electronic dividend payments; update bank account and KYC details (physical or demat).
• Physical holders must update PAN, bank details with RTA; demat holders via DP.
• Record date fixed; AGM date to be confirmed by AGM; website will host notices.

Financial snapshot

• Revenue from Operations: ₹169.16 Cr (Standalone).
• EBITDA: ₹4.49 Cr (Standalone).
• PAT: ₹1.79 Cr (Standalone).
• EPS: ₹0.06.
• Dividend: 5% of paid-up capital recommended.
• Debt-Equity: 0.09.
• Net worth: ₹140.87 Cr.
• Total assets: ₹171.30 Cr.
• Consolidated revenue: ₹175.78 Cr.
• Consolidated PAT: ₹-2.93 Cr.

Operational performance & segments

• Trading in Goods revenue: ₹91.72 Cr.
• Liquor division revenue: ₹73.71 Cr.
• Financing revenue: ₹3.30 Cr.
• Leasing income: ₹0.43 Cr.
• Standalone total segment revenue: ₹169.16 Cr.
• Liquor division assets: ₹71.09 Cr.
• Trading in Goods assets: ₹12.71 Cr.
• Total segment assets: ₹221.98 Cr.

Governance & board

• Board size: 6 directors.
• 2 non-executive; 3 independent; 1 Executive Woman Director.
• Nov 2025: Devendra Thakur moved to non-independent role.
• Feb 2026: Kadam reappointed after rotation.
• Aug 12, 2026: Sujay Gokhale appointed Company Secretary.
• Audit Committee: 4 members; Chair: Hiten Shah; 100% attendance.
• Nomination & Remuneration: 4 directors; Chair: Hiten Shah.
• Stakeholders Relationship: 5 directors; Chair: Milin Ramani.
• Operations Committee: 3 members; chaired by Ankur Agrawal.

Capital structure & liquidity

• Net debt to equity gearing: 0.09.
• Total debt: ₹1,327.10 Lakh (Standalone).
• Total equity: ₹14,087.12 Lakh.
• Liquidity: strong balance sheet; no covenant breaches.
• Dividend: 5% payout; record date 14 Sep 2026.

Related party transactions

• Material RPT framework approved; arm's length.
• Aggregate proposed RPTs for 2026-27: ₹350 Cr.
• Major related parties include Luharuka Exports, Comfort Fincap, DhanSafal Finserve, and Comfort Commotrade.
• RPTs require Audit Committee and Board approvals.

Audit & controls

• Statutory auditor: M/s A. R. Sodha & Co.
• Secretarial auditor: Mitesh J. Shah & Associates.
• Internal auditor: AHSP & Co. LLP.
• NFRA TCWG committee formed post-year end.

CSR & sustainability

• CSR spend: ₹5.93 lakh in FY25-26.
• CSR policy disclosed on website; voluntary contributions.

Outlook & risks

• India GDP growth expected 6.8-7.2% for FY2026-27.
• Industry risks: regulatory changes, inflation, volatility.
• Company focus: expansion, brand building, disciplined capital allocation.

Tax & regulatory matters

• Income tax and GST demands; appeals filed.
• SEBI penalty ₹1.0 Cr; appeal is in progress.

AGM details

• AGM date/time: 21 Sep 2026 at 11:00 IST via VC/OAVM.
• Book closure: 15–21 Sep 2026 (inclusive).
• Record date for dividend & AGM: 14 Sep 2026.
• Remote e-voting: 18–20 Sep 2026.

Key resolutions

• Ordinary: adopt standalone financial statements for year ended 31 Mar 2026.
• Ordinary: adopt consolidated financial statements for year ended 31 Mar 2026.
• Ordinary: declare final dividend of Rs 0.05 per share (5%).
• Ordinary: re-appoint Mrs. Apeksha Kadam as director.
• Special: approve material related party transactions for 2026–27 onward (arm’s length).

Dividend details

• Dividend proposed/approved: final Rs 0.05 per equity share (5%).

Director & governance

• Director re-appointment: Mrs. Apeksha Kadam (DIN 08878724) retiring by rotation.

Material related party transactions

• Luharuka Exports Pvt Ltd: transfer of securities; proposed 50 crore.
• Comfort Fincap Limited: securities transfer + loans/guarantees; 100 crore.
• DhanSafal Finserve Limited: inter-corporate loans/deposits; 20 crore.
• Comfort Commotrade Limited: inter-corporate loans/deposits; 40 crore.
• Comfort Capital Private Limited: inter-corporate loans/deposits; 20 crore.
• Comfort Securities Limited: inter-corporate loans/deposits; 100 crore.
• Liquors India Limited: combined RPTs up to 400 crore.
• Flora Fountain Properties Limited: combined RPTs up to 400 crore.

Voting & results

• Voting via remote e-voting (Sept 18–20) and VC/OAVM at AGM.
• Results to be declared within two working days after AGM.