Global Infratech & Finance Ltd

Financial snapshot

• Revenue from operations: ₹120.00 lakh; total revenue: ₹151.15 lakh.
• Net loss after tax: ₹81.42 lakh; EPS: ₹-5.76.
• ROE: -4.30%; improved from -16.03% prior year.
• Net cash from operations: ₹636.98 lakh; closing cash: ₹646.91 lakh.

Capital & liquidity

• Equity share capital: ₹141.44 lakh; total equity: ₹1,853.52 lakh.
• Net debt: ₹-538.20 lakh; cash ₹2.01 lakh; bank balances ₹644.90 lakh.
• No borrowings outstanding; net gearing: -0.29x.
• 100% public shareholding in dematerialised form.
• Proposed QIP up to ₹2 crore; listing on BSE.
• Fresh promoter infusion ₹1.15 crore under CIRP.
• Trading resumed on 18 March 2026.

Business developments & strategy

• New management post-CIRP; fresh capital infusion.
• Biomass project under development; CWIP recognised; no revenue yet.
• Finance & Investments remains core; Biomass under development.
• QIP planned to raise funds; MPS compliance targeted.
• Regulatory approvals for listing ongoing.

Governance & audit

• Statutory auditors: AHPN & Associates; five-year term.
• Secretarial auditor: Kriti Daga; MR-3 with no qualifications.
• Board changes post-CIRP; new MD in Jan 2026.
• Independent Directors: Patel, Kalal; Tanya Kalal resigned July 2025.
• Going concern basis adopted; CIRP plan progresses.

Shareholding & investor info

• Total shares: 14,14,376; promoters hold 11,50,000 shares (81.31%).
• Promoters: Chander Bhushan Bajaj & Mohit Bajaj each 38.89%; Suman Bajaj 3.54%.
• Public shareholding: 16.69%; 100% dematerialised.
• ISIN INE377M01043; BSE code 531463.
• Next AGM: 16 Sep 2026 via VC/OAVM.
• Unclaimed dividend: Nil; no IEPF transfer.

Risks & outlook

• Going concern risk due to CIRP; revival plan ongoing.
• Market volatility affecting stock-in-trade valuations.
• Liquidity risk mitigated by cash & bank balances; no borrowings.
• Regulatory changes; SMC and intraday limits under review.
• Internal controls deemed adequate; Audit Committee oversight.

Audit flags & disclosures

• Stock-in-trade contains illiquid securities valued at NRV; emphasis noted.
• No penalties or defaults by regulators in past three years.
• Related party transactions disclosed; arms-length; note in AOC-2.
• Secretarial compliance: SS-1 and SS-2 followed; governance disclosures complete.

Book closure details

• Book closure from 10 September 2026 to 16 September 2026 (both days inclusive).
• Purpose: Annual General Meeting.

Financial highlights

• Total revenue for FY2025-26: ₹151.15 Lakh.
• Net loss after tax: ₹81.42 Lakh.
• Earnings per share: ₹-5.76.
• Cash flow from operations: ₹636.98 Lakh.
• Return on equity: -4.30%.

Capital structure & liquidity

• Equity reduced to ₹141.44 Lakh after capital reduction.
• Net debt position: ₹-538.20 Lakh; gearing −0.29x.
• No long-term borrowings; cash & bank balances ₹646.91 Lakh.
• Stock-in-trade ₹50.71 Lakh; 100% dematerialised.
• Promoter holding: 81.31%; 100% demat as of 31-03-2026.

Corporate actions & funding

• NCLT-approved CIRP completed; new management took charge October 2024.
• Fresh capital infusion of ₹1.15 Crore.
• QIP proposed up to ₹1.18958 Crore; pricing to be determined.
• Trading suspended; revocation process with BSE in progress.

Operations & projects

• Biomass project under development; no revenue from biomass in FY25-26.
• Finance & Investments is the sole operating segment; Biomass costs capitalised as CWIP.
• Revenue primarily from trading in shares and securities.

Governance & risk

• Board changes in 2025-26; Amarnath appointed MD in 2026; Mohit Bajaj resigned 2026.
• Independent Directors: Patel, Kalal, Shobha; Tanya Kalal left 2025.
• Secretarial audit: Kriti Daga; no material qualifications.
• Internal controls deemed adequate; no audit qualifications.
• No penalties or strictures in capital markets in three years.

Shareholding & market details

• Promoters/relatives hold 81.31% as of 31-03-2026.
• Demat holdings 100% of shares.
• No dividend declared in 10 years.
• AGM 16 Sep 2026; book closure 10-16 Sep 2026; listing: BSE (531463).

Audit & compliance

• Statutory Auditor: M/s A H P N & Associates; 5-year term.
• Secretarial Auditor: Kriti Daga; MR-3; no qualifications.
• Resumption of trading announced but note about ongoing suspension.

AGM governance

• Adopted Notice and Directors Report; approved AGM book closure.
• Fixed AGM for 16 Sep 2026 at 12:15 PM via VC/OAVM.

Directors and officers

• Confirmed re-appointment of Mr. V S Amarnath as Director, retires by rotation.
• Appointed Mrs. Kriti Daga as Scrutinizer for AGM and remote e-voting.

Internal controls and fundraising

• Approved appointment of Internal Auditors from 01-10-2026 to 30-09-2027.
• Approved fund raise up to Rs. 2 crore through QIP.

Meeting Details

• Date: Friday, August 21, 2026; time and venue not disclosed.

Key Agenda Items

• Adopt Directors Report for FY 2025-26 and the Notice for the 31st AGM.
• Confirm re-appointment of Mr. V S Amarnath as Director, retiring by rotation.
• Approve raising of funds through a Qualified Institutional Placement (QIP).
• Appointment of Internal Auditors from 01.10.2026 to 30.09.2027.
• Consider and fix date, time, mode, venue, and calendar for the 31st AGM.
• Fix dates for closing of Register of Members and Transfer Books for AGM.
• Appoint Scrutinizer for the 31st AGM.
• Any other item with the permission of the Chairman.

Other Notes

Financial snapshot

• Total Income (I+II) for Q1 FY27: ₹26.12 lakh; profit for the period ₹14.50 lakh.
• Expenses totaled ₹11.62 lakh; no items disclosed under finance costs.
• EPS (basic) ₹1.03; paid-up capital ₹141.44 lakh.

Segment notes

• Biomass segment under development; no operating revenue in Q1 FY27.
• Finance & Investments is the active segment; Biomass not yet commercial.
• Results reviewed by Audit Committee; limited review by statutory auditors with no qualifications.
• NCLT approved resolution plan; plan under implementation.

Meeting Details

• Date of meeting: August 13, 2026; time and venue not disclosed.

Key Agenda Items

• Consider and approve Un-Audited Q1 FY27 financial results (quarter ended June 30, 2026) for FY27.

Other Notes

• Notice issued in compliance with SEBI LODR Regulation 29.