Cressanda Railway Solutions Ltd

AGM Proceedings

• 41st AGM held on 30 September 2026 at the registered office.
• Ordinary business: adoption of standalone and consolidated financial statements for year ended 31 March 2026.
• Ordinary business: appointment of Arun Tyagi for re-appointment.
• Special business: appointment of Kapil Gautam as Executive Director effective 11 June 2026.
• Special business: strategic restructuring—divestment of Master Mind stake; strike-off of inactive subsidiaries; carve-out of Cressanda Consumers.
• Voting results to be announced within two working days after the AGM.
• Quorum: 45 shareholders present, exceeding the 30-member minimum.

Cressanda Railway Solutions – AGM notice

• 41st AGM scheduled for 30 September 2026 at 2:00 PM at the registered office.
• Notice dispatched to members by email on 6 September 2026; physical copies not issued.
• Book closure from 24 September 2026 to 30 September 2026 (inclusive).
• Subsidiary strike-off underway for four subsidiaries as part of restructuring.
• Scrutinizer appointed for voting: Mehul Raval.
• Newspaper ad published on 8 September 2026 in English and Marathi.

Lexoraa Industries – AGM notice

• 31st AGM to be held via video conferencing on 30 September 2026 at 1:00 PM IST.
• Remote e-voting window: 27–29 September 2026, 09:00 AM to 05:00 PM IST.
• Cut-off date for eligibility: 23 September 2026.
• Book closure from 24 September 2026 to 30 September 2026.
• Notice and e-voting info on Lexoraa's website and evoting portal.
• Queries: helpdesk.evoting@cdslindia.com.

Servotech Engineering – AGM notice

• 41st AGM on 30 September 2026 at 2:00 PM at the registered office.
• Notice dispatched electronically on 6 September 2026; no physical copies.
• Book closure from 24 September to 30 September 2026.
• Postal ballot and poll voting; Scrutinizer Mehul Raval appointed.
• Queries to Chief Compliance Officer Sunilkumar Trivedi: 9824271238 / 8169245676.
• Notice text available on the company portal and BSE platform.

AGM & Voting

• 41st AGM on 30 Sep 2026, 2:00 PM, physical venue in Mumbai.
• Postal ballot facility available; e-voting not applicable.
• Cut-off date: 30 Aug 2026; book closure: 28 Aug–30 Sep 2026.
• Scrutinizer: Mr. Mehul Raval; CCO: Sunil Trivedi; helpdesk details provided.
• Notice includes voting details and NSDL NSDL/VC access information.

Financial highlights

• Standalone total income: ₹1,181.81 Lakhs; revenue from operations ₹686.95 Lakhs.
• Expenditure: ₹2,799.90 Lakhs; up 13.6% y/y.
• EBIDTA: ₹1,386.44 Lakhs; PBT: ₹(1,588.06) Lakhs.
• Net profit: ₹(1,588.06) Lakhs; Basic EPS: ₹(0.38).
• Dividend for FY25-26: not declared.

Consolidated results

• Consolidated revenue from operations: ₹686.95 Lakhs; total income ₹1,181.81 Lakhs.
• Net loss: ₹1,591.33 Lakhs; EPS: ₹(0.38).
• FY25 comparative results show higher profit levels; 26 reflects strategic reset.

Business developments & strategy

• BECIL consortium win; marquee Ministry of Railways tender secured.
• Eastern Railway contract terminated; arbitration ongoing.
• Master Mind stake disposed; plan to strike off dormant subsidiaries.
• Focus on Railway Auxiliary Services, technology-enabled solutions, and media.

Capital structure & listing

• Authorized capital ₹7,000 Lakhs; paid-up equity ₹4,227.35 Lakhs.
• Listed on BSE; Scrip 512379; ISIN INE716D01033.
• Annual listing fees paid; no dividend declared.
• Promoter shareholding 0.07%; public 99.93%.

Governance & compliance

• Board of 6 directors; 4 Independent; MD Arun Tyagi.
• Auditors changed: Agrawal Jain & Gupta resigned; H. Rajen & Co appointed.
• Secretarial auditor: Mehul Raval & Associates.
• Corporate governance disclosures and policy frameworks posted on website.

CSR & governance

• CSR Committee met twice; CSR spend nil for FY26.
• CSR policy and projects disclosed on company site.

Risks, outlook & forward-looking

• Outlook tied to India's rail infrastructure expansion and digital advertising growth.
• Risks include regulatory changes, tender execution, and funding needs.
• Emphasis on internal controls and Vigil Mechanism to mitigate risks.

Liquidity & cash flow

• Cash and cash equivalents: ₹8.29 Lakhs at year-end.
• Current liabilities: ₹2,813 Lakhs; total assets: ₹16,642.61 Lakhs.

Subsidiaries & restructuring

• Five subsidiaries; Master Mind stake disposed.
• Dormant subsidiaries to be struck off: Green Energy Vehicles, Analytica, E-Platform.
• Cressanda Consumers to be carved out via restructuring.

Board actions

• Approved standalone and consolidated audited financial results for quarter ended 30 June 2026 with Limited Review Report.
• Approved Board's Report, Corporate Governance Report and Notice of 41st AGM.
• Approved Annual Book Closure for 41st AGM on 30 Sep 2026 at 2:00 PM.
• Approved cut-off date for remote e-voting and e-voting; appointed Scrutinizer for AGM.
• Board meeting held 31-08-2026; meeting duration 6:30 PM to 7:30 PM.

Financials (Q1 FY27)

• Standalone Total Income for quarter ended 30 Jun 2026: 102.28.
• Standalone Profit after tax for quarter ended 30 Jun 2026: -86.82.
• Standalone EPS (Basic) for quarter ended 30 Jun 2026: -0.021.
• Consolidated Total Income for quarter ended 30 Jun 2026: 102.28.
• Consolidated Total Comprehensive Income for quarter ended 30 Jun 2026: -87.42.
• Consolidated EPS (Basic) for quarter ended 30 Jun 2026: -0.021.

Capital & governance

• Paid-up equity share capital: 4,227.35.
• Audit Committee approved the results at its meeting held on 31-08-2026.

Meeting Details

• Meeting date: 31 August 2026; time and venue not disclosed.

Key Agenda Items

• Approve audited standalone and consolidated financial results for quarter ended 30 June 2026.
• Approve routine process and approvals for the upcoming AGM.

Financial highlights & actions

• FY2026 total revenue from operations: ₹1,181.81 Lakhs, down from ₹2,493.78 Lakhs in FY2025.
• Net loss after tax for FY2026: ₹786.85 Lakhs.
• EPS: Basic and Diluted at ₹-0.19 for FY2026; ₹0.01 for FY2025.
• Revenue from sales ₹686.95 Lakhs; Other revenue ₹494.86 Lakhs for FY2026.
• Total expenses ₹1,998.75 Lakhs in FY2026.
• AGM date fixed at 30 September 2026.
• Board approved standalone and consolidated audited results; AGM to be published in newspapers.
• Starting separation of subsidiaries including Cressanda Consumers Private Limited.
• Paid-up equity share capital ₹4,227.35 Lakhs.
• Total equity stood at ₹9,602.26 Lakhs as on 31 March 2026.

Meeting Details

• Board meeting scheduled for 17 August 2026; no time or venue disclosed.

Key Agenda Items

• Approval of Audited standalone and Consolidated financial results for quarter/year ended 31 March 2026.
• Any Other Business with permission of the Chair.

Other Notes

• No trading window closure details provided.

Kapil Gautam appointment

• Appointment of Kapil Gautam as Non-Executive Director, effective 11 June 2026.
• Also appointed as member of CSR and Risk Management Committees from 11 June 2026.
• Reason: appointment approved following Nomination and Remuneration Committee recommendations.
• Brief profile: Analyst with system management, tech coordination, and digital platforms experience.
• Relationship with other Directors: Nil.

Satya Prakash resignation

• Resignation of Satya Prakash as Independent Director, effective 11 June 2026.
• Reason: personal reasons; no other material reasons stated.
• Relationship with other Directors: Nil.
• Impact: vacancy in Independent Director role; no replacement disclosed.