Incap Ltd

AGM Details

• Date and time: 26 September 2026, 12:00 Noon.
• Mode: physical AGM at Registered Office.
• Remote e-voting window: 23–25 September 2026.
• Voting entitlement cut-off: 18 September 2026.
• Resolutions passed: six.

Key Resolutions

• Resolution 1 (Ordinary): Adopt Audited Financial Statements and reports.
• Resolution 2 (Ordinary): Re-appoint Sri P. Ram Rao as director.
• Resolution 3 (Ordinary): Declare dividend on equity shares.
• Resolution 4 (Special): Re-appoint Smt. Neelima as Managing Director.
• Resolution 5 (Special): Appoint Sri Bhagavantha Rao as Executive Chairperson.
• Resolution 6 (Ordinary): Appoint Secretarial Auditor.

Voting Results

• Resolution 1 passed; 96 in favour, 2 against (13 shares).
• Resolution 2 passed; 96 in favour, 2 against (13 shares).
• Resolution 3 passed; in-favour 2 voters (13 shares); no opposition.
• Resolution 4 passed; 96 in favour, 2 against.
• Resolution 5 passed; minimal opposition.
• Resolution 6 passed; 96 in favour, 2 against.

Dividend Details

• Dividend approved; per-share amount not disclosed.

Director Changes

• P. Ram Rao re-appointed as director.
• Smt. Neelima re-appointed as Managing Director.
• Sri Bhagavantha Rao appointed Executive Chairperson.

Auditor Appointments

• Secretarial Auditor appointed for the company.

AGM Details

• AGM held physically at the registered office with remote e-voting.
• Attendance: 98 members; meeting concluded 12:57 PM.

Ordinary Resolutions

• Adoption of audited financial statements and reports.
• Re-appointment of director retiring by rotation.
• Dividend on equity shares for the financial year ended.

Special Resolutions

• Re-appointment of MD for three years with remuneration.
• Appointment of Executive Chairperson for three years with remuneration and perquisites.
• Appointment of Secretarial Auditor for five years.

Voting Results

• Voting results for all resolutions are not disclosed in the filing.

Financial results

• Revenue from operations: Rs 3,166.73 Lakhs for 2025-26.
• Total income: Rs 3,180.40 Lakhs.
• Profit after tax: Rs 33.71 Lakhs.
• EBITDA: Rs 134.90 Lakhs.
• EPS (basic): Rs 0.66.
• Dividend per share: Rs 1.00; total Rs 51.33 Lakhs.
• Turnover declined due to absence of export business.
• Pulses trading contributed Rs 1,668.48 Lakhs.
• Company employed 75 staff as of 31 Mar 2026.

Dividend & capital allocation

• Final dividend proposed: 10% (Rs 1 per equity share).
• Total dividend: Rs 51.33 Lakhs.
• Dividend payments subject to tax deduction at source.
• No unclaimed dividends transferred to IEPF in 2025-26.

Capital structure & liquidity

• Total borrowings: Rs 8,182.21 thousand (3,139.44 non-current; 5,042.76 current).
• Current ratio: 1.65; Debt/Equity: 0.05.
• Cash and cash equivalents: Rs 27,386.78 thousand.

Operations & business developments

• Turnover: Rs 3,166.73 Lakhs; 2024-25: Rs 3,357.92 Lakhs.
• Pulses trading: Rs 1,668.48 Lakhs.
• Staff strength: 75 employees.

Governance & board

• MD re-appointment: Smt. Neelima for 3 years (Feb 1, 2026–Jan 31, 2029).
• Executive Chairperson: Sri C. Bhagavantha Rao for 3 years; subject to AGM.
• Secretarial Auditor: A. N. Sarma for 5 years (2026–2031).
• Board met 4 times in 2025-26; full attendance.

Audit & internal controls

• Statutory auditors: M/s Umamaheswara Rao & Co through 2028.
• Secretarial audit: no qualifications.
• Internal financial controls are adequate and effective.

Risk management

• Risk management policy in place with a dedicated committee.
• Key risks: raw materials, FX, technology, market, regulatory.

AGM details

• Thirty-sixth AGM on 26 Sep 2026 at 12:00 Noon at registered office.
• Notice and annual report accessible electronically; remote e-voting facility described.

Dividend record date

• Record date for dividend for year 2025-2026 fixed as 18 September 2026.

Book closure and AGM details

• Book closure from 19 Sep 2026 to 22 Sep 2026 (inclusive).
• AGM date on 26 September 2026.
• Record date of 18 September 2026 for voting and dividend entitlements.
• Dividend for the year 2025-2026 referenced in the filing.

Meeting Details

• Date: August 1, 2026.

Key Agenda Items

• Consider and approve unaudited Q1 2026-27 financial results for quarter ended June 30, 2026.

Other Notes

• No additional material notes disclosed in the filing.

Dematerialisation/rematerialisation status

• No dematerialisation/rematerialisation requests were received during the quarter.

Price movement clarification

• Clarification to BSE on Incap Ltd share price movement.
• All information is in the public domain; no price-sensitive information pending under Regulation 30 LODR.
• Price rise is market-driven; no internal announcements expected to justify it.
• Company will continue disclosures as per Regulation 30 LODR.
• Signed by Managing Director C. Neelima; DIN 02737481; dated 1 July 2026.