Fortune International Ltd

Governance updates

• Re-appointment of Mr. Nivedan Bharadwaj as Managing Director for five years (Oct 1, 2026–Sep 30, 2031).
• AGM approved the MD re-appointment on Sep 30, 2026.
• Appointment of Vishakha Harbola & Associates as Secretarial Auditors for FY 2025-26 to 2029-30.
• AGM approved Secretarial Auditor appointment on Sep 30, 2026.
• Disclosure of relationships between directors notes spouse and mother-in-law.
• Nivedan Bharadwaj not debarred from holding office by SEBI.
• No financial implications disclosed in the filing.

AGM details

• Date and time: 30 September 2026, 10:00 AM
• Mode: Physical AGM at Amarai Farms, Kapashera, New Delhi-110037
• Record date: 23 September 2026; 4,392 shareholders on record
• Quorum: 17 shareholders present (3 Promoter, 14 Public)

Resolutions put to vote

• Ordinary: Adopt audited standalone and consolidated financial statements for year ended 31 March 2026
• Ordinary: Re-appoint Rekha Shrivastava as director, retiring by rotation
• Special: Re-appoint Nivedan Bharadwaj as Managing Director
• Special: Appoint Vishakha Harbola & Associates as Secretarial Auditors

Voting results

• All resolutions passed as per Scrutinizer's report; no dissent noted

Directors & Auditors

• Nivedan Bharadwaj re-appointed as Managing Director
• Rekha Shrivastava to be re-appointed as Director
• Secretarial Auditor appointed: Vishakha Harbola & Associates in Practice

AGM book closure

• Books will remain closed Sept 24–30, 2026 for the 44th AGM/e-voting on Sept 30, 2026.

AGM Details

• AGM scheduled for 30 September 2026 at 10:00 a.m., physical at Amarai Farms, Kapashera, Delhi.
• Book closure from 24 September to 30 September 2026, both days inclusive.
• Remote e-voting window: 27 Sep 2026 09:00 to 29 Sep 2026 17:00 IST; cut-off 23 Sep 2026.

Ordinary resolutions

• Adopt audited standalone and consolidated financial statements for year ended 31 March 2026.
• Re-appoint Rekha Shrivastava as director, retiring by rotation.

Special resolutions

• Re-appoint Nivedan Bharadwaj as Managing Director for five years (Oct 2026–Sept 2031).
• Appoint Vishakha Harbola Associates as Secretarial Auditors for 2025-26 to 2029-30.

Governance and appointments

• MD appointed for five years (Oct 2026–Sept 2031); remuneration NIL.
• Secretarial Auditor appointment for Vishakha Harbola Associates for five years; remuneration to be determined by Board.

Standalone financials

• Revenue from operations: Nil in FY26.
• Other income: ₹41.82 lakh.
• Profit after tax: ₹16.99 lakh.
• Earnings per share: ₹0.24.
• Net cash from operating activities: ₹-27.37 lakh.
• Closing cash and bank balances: ₹149.22 lakh.

Consolidated snapshot

• Consolidated total income: ₹5.87 lakh.
• Consolidated PAT: ₹451.89 lakh.
• Consolidated EPS: ₹6.42.
• Share of Fortune Stones profit in consolidation: ₹470.85 lakh.

Dividends & capital

• Dividend: none declared or paid for FY26.
• Equity share capital: ₹704 lakh.
• Promoters hold 62.17% of equity.

Listings & corporate actions

• Listed on BSE; scrip 530213; ISIN INE501D01013.
• Calcutta Stock Exchange delisted on 24 Feb 2026.
• AGM scheduled for 30 Sep 2026 at Kapashera.

Governance & board

• Board size five directors; two independent.
• MD reappointed for five years from Oct 1, 2026.
• Independent directors: Sarika Jain and Prashant Verma.
• Secretarial Auditor appointed for five years.

Audit, controls & risk

• Statutory auditors: D. Kothary & Co; Secretarial audit: no qualifications.
• Internal financial controls are adequate and operating.
• Risk management framework with several governance committees.

Associates & investment context

• Fortune Stones is an Associate; 36.01% holding.
• Consolidated results include Fortune Stones profit share ₹470.85 lakh.
• Investment in Fortune Stones: ₹4,665.23 lakh.
• No subsidiary; Fortune Stones accounted via equity method.

Financial results approved

• Unaudited standalone and consolidated Q1 FY2026 results approved with Limited Review Reports.

Governance actions

• Closure of Register of Members and Share Transfer Book; cut-off date fixed.
• Director's Report for FY2025-26 approved.

Auditors and assurances

• Independent Auditor's Review Reports for standalone and consolidated results; no material misstatement.
• Associate Fortune Stones Limited interim results not reviewed by its auditors.

Appointments and disclosures

• Appointment of Internal Auditor and Secretarial Auditor; Scrutinizer for AGM.

AGM notice

• Draft Notice of 44th AGM approved.

Meeting Details

• Date: 14 August 2026; Time: 03:00 p.m.; Location: Registered Office.

Key Agenda Items

• Consider and approve unaudited standalone and consolidated financial results for quarter ended June 30, 2026.
• Fix the closure of Register of Members and Share Transfer Book and cut-off date.
• Approve the draft notice of the 44th Annual General Meeting.
• Approve the Director's Report of the financial year 2025-26.
• Appoint internal and secretarial auditors.
• Approve appointment of Scrutinizer in the ensuing AGM.

Other Notes

• Trading window closed for designated persons from 8 August to 14 August 2026 (both days inclusive).

Dematerialisation status

• Dematerialisation requests processed; certificates confirmed to depositories as accepted or rejected.
• Securities dematerialised listed on stock exchanges where existing securities are listed.
• Physical certificates received for dematerialisation mutilated and cancelled after verification.
• Depository's name substituted as registered owner within prescribed timelines.

Meeting Details

• Board meeting scheduled for Saturday, 30 May 2026 at 4:00 p.m.
• Meeting will be held at the company's registered office.

Key Agenda Items

• Consider and approve standalone and consolidated audited financial results.
• Financial results cover the quarter and year ended 31 March 2026.

Other Notes

• Trading window closed from 25 May 2026 to 30 May 2026, both days inclusive.