Global Infratech & Finance Ltd

NCS payment obligations status

• No non-convertible securities issued; no payments due in the quarter ending 31 Dec 2026.
• No unpaid interest/dividend/principal obligations related to NCS from prior periods.

GLOBAL INFRATECH AND FINANCE LIMITED trading window closure from October 1, 2026 until 48 hours after declaration of unaudited financial results for the quarter ended September 30, 2026 (FY ending March 31, 2027).

AGM Details

• AGM held on 16 September 2026 via VC/OAVM.
• Remote e-voting: 13–15 September 2026; voting continued until 1:00 PM during AGM.
• Scrutinizer appointed; report due on or before 16 September 2026.
• Shareholders on record: 5717; attendees via VC: 32.

Resolutions & outcomes

• Adopt standalone financial statements; ordinary; passed 1,150,020 in favour (100%), 6 against (0%).
• Re-appointment of director by rotation; ordinary; passed 1,150,020 in favour (100%), 6 against (0%).
• Raising of funds through QIP; special; passed 1,150,020 in favour (100%), 6 against (0%).

AGM details

• AGM held via video-conferencing; no physical attendance.
• Voting cut-off date established.
• Remote e-voting window; no physical ballots cast.
• Shareholders attended via video; meeting conducted in VC/OAVM mode.

Resolutions and results

• Ordinary resolution: Adoption of audited financial statements; passed.
• Ordinary resolution: Re-appointment of retiring director; passed.
• Special resolution: Raising funds through QIP; passed.

Director changes

• Director re-appointment after retirement by rotation.

Related party transactions

• No material related party transactions approved.

AGM Details

• 31st AGM on 16 September 2026 via video conferencing; 12:15–12:30 PM.
• Chairman: Mr. V S Amarnath; 32 members were present.

Resolutions Put to Vote

• Adopt Audited Standalone Financial Statements and reports.
• Re-appoint Mr. V S Amarnath, retiring by rotation.
• Raise funds through Qualified Institutional Placement (QIP).

Voting and Results

• Remote e-voting window: 13–15 September 2026.
• Results to be intimated to stock exchanges and uploaded later.
• No outcome declared in the document.

Director Changes

• Mr. V S Amarnath retires by rotation and seeks re-appointment.

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.