Grandma Trading & Agencies Ltd

AGM Details

• AGM held on 30 September 2026 from 12:30 p.m. to 1:15 p.m.
• Mode: VC/OAVM; deemed venue at registered office.
• Cut-off date for eligibility: 23 September 2026.
• Shareholders on cut-off: 6,369; attendees: 34.
• Chairman: Avdhesh Chaurasiya; proceedings conducted by Company Secretary.
• Notice/Board Report/Auditor's Report taken as read; remote e-voting offered.
• Scrutinizer appointed for e-voting: Shreyans Jain.

Key Resolutions

• Adopt Audited Financial Statements for year ended 31 March 2026; Ordinary Resolution.
• Appointment by rotation of Avdhesh Chaurasiya as Director; Ordinary Resolution.
• Appointment of Avdhesh Chaurasiya as Whole-Time Director & CFO; Ordinary Resolution.

Director Changes

• Director re-appointment by rotation: Avdhesh Chaurasiya (DIN 10277816).
• WTD & CFO appointment: Avdhesh Chaurasiya.

Governance / Auditors

• Statutory Auditor: Singhvi & Sancheti (present at AGM).
• Scrutinizer for e-voting: Shreyans Jain (Practising Company Secretary).

GRANDMA TRADING & AGENCIES LIMITED: Trading window closed from Oct 01, 2026 till 48 hours after the declaration of Unaudited Financial Results for the quarter ended September 30, 2026 (both days inclusive)

AGM notice and annual report access

• Notice for the 45th AGM on 30 September 2026 to be conducted via VC/OAVM.
• Annual Report for FY 2025-26 and AGM notice are accessible at grandmatrading.co.in/annual-report/.
• Queries to Purva Sharegistry (India) Private Limited at support@purvashare.com.
• Shareholders should update email addresses to receive information and support green initiative.

Financial snapshot

• 32 Lakhs revenue from operations.
• 11 Lakhs other income.
• Total income 53.43 Lakhs.
• Expenses 53.43 Lakhs.
• Loss before tax: -7.03 Lakhs.
• Earnings per share: -0.01.
• Cash flow from operations: -6.44 Lakhs.
• Closing cash and cash equivalents: 1.73 Lakhs.
• Accumulated losses Rs 11.75 Crore imply negative net worth.

Capital structure & liquidity

• Equity share capital: Rs 13.06 Crore.
• Borrowings: Rs 13.50 Lakhs; trade payables: Rs 5.47 Lakhs.
• Current assets: Rs 19.22 Lakhs; current liabilities: Rs 19.29 Lakhs.
• Capital reduction scheme approved; NCLT pending.
• Negative net worth persists despite modest current assets.

Capital reduction plan

• Scheme to offset accumulated losses of Rs 11.75 Crore.
• Capital would reduce to Rs 1.306 Crore under the scheme.
• Shareholders approved the scheme on 18 Sept 2025.
• NCLT approval pending; no cash outflow.
• Financials have not yet reflected the impact of the reduction.

Management changes

• Abhishek Ashar resigned as WTD & CFO on 31 Jul 2026.
• Avdhesh Chaurasiya appointed WTD & CFO from 13 Aug 2026.
• Board comprised 5 directors; 3 Independent.
• KMP and governance committee changes noted.

Audit & governance

• Statutory auditors: Singhvi & Sancheti; second term proposed.
• Secretarial auditor: Jain Rahul & Associates.
• Emphasis of matter: going concern and capital reduction pending.
• No material related party transactions; RPTs in ordinary course.

Operational and risk factors

• Trading and agency business; no overseas operations.
• Management expects improvement with higher activity levels.
• Real estate redevelopment opportunities under consideration.
• Going concern risk acknowledged; plans to strengthen position.

Shareholder and listings

• Listed on BSE; 99.98% dematerialised.
• AGM on 30 Sept 2026 via VC/OAVM; remote e-voting until 29 Sept 2026.
• VC/AVM access limited to 1,000 members; Purva e-voting platform used.
• Promoter holdings disclosed; majority held by public/other shareholders.

AGM Details

• 45th AGM on Wednesday, 30 September 2026 at 12:30 p.m. IST via VC/OAVM.
• Notice forms part of the annual report for FY 2025-26.

Director and KMP changes

• Avdhesh Chaurasiya redesignated as WTD and CFO for 5 years, 01 Aug 2026–31 Jul 2031, shareholder approval.
• Reason: Board approved Aug 13, 2026 on Nomination & Remuneration Committee recommendation.
• Sonal Nakum designated as Company Secretary and Compliance Officer, effective Aug 13, 2026.
• Profile: Avdhesh Chaurasiya is Mumbai University graduate with 8+ years in indirect taxes and accounting.
• Avdhesh Chaurasiya not related to any directors.
• Avdhesh Chaurasiya not debarred by SEBI or other authorities.

Governance updates

• Appointed Avdhesh Chaurasiya as WTD and CFO for five years from 01 Aug 2026, subject to shareholder approval.
• Avdhesh Chaurasiya authorised to determine materiality of disclosures per policy.
• Revised Regulation 30(5) list includes Avdhesh as WTD and CFO.
• Ms. Sonal Nakum appointed Company Secretary and Compliance Officer.

Financial results

• Quarter ended 30-06-2026 unaudited revenue from operations: 12.66.
• Net profit after tax for the quarter: 1.61.
• Basic and diluted EPS: 0.001.
• Paid-up share capital: 1306.00.
• Petition for reduction of paid-up capital pending before NCLT.

Board actions

• Board approved unaudited Q1 2026 results for quarter ended 30 June 2026.
• Appointed Avdhesh Chaurasiya as WTD & CFO for five years from Aug 1 2026.
• Subject to shareholders' approval.

Financials & operating scope

• Revenue from operations 12.66 for Q1 2026; total revenue 12.66.
• Net profit from continuing operations 1.61; EPS basic 0.001, diluted 0.001.
• Company operates in a single segment per IND AS 108.

Audit & other disclosures

• Limited Review Report by Singhi & Sancheti Chartered Accountants.
• Results reviewed by Audit Committee and approved by Board.
• Petition for reduction of paid-up capital pending before NCLT.