Innovative Tech Pack Ltd

Meeting Details

• Date, time, and location not disclosed in the filing excerpt.

Key Agenda Items

• No agenda items disclosed in the provided excerpt.

Other Notes

• No material governance or financial actions disclosed in the excerpt.

Secretarial Auditor Resignation

• Resignation of Mr. Lalit Sharma as Secretarial Auditor of Innovative Tech Pack Ltd.
• Effective 20 August 2026, the resignation takes immediate effect.
• Reason cited: pre-occupation and engagement in other assignments.
• There are no other material reasons for resignation.
• Profile: Lalit Sharma is Proprietor of M/s Lalit Sharma and Associates and a Practising Company Secretary.
• There are no relationships with other directors.
• Annexure I is attached per SEBI Listing Regulations.

Financial results approved

• Unaudited standalone results for quarter ended 30 June 2026 approved.
• Limited Review Report for quarter ended 30 June 2026 approved.

Auditor notes and disclosures

• Emphasis of Matter: cash wages paid in cash under the Payment of Wages Act 2017.
• Pending bonus payable for previous financial years as of 30 June 2026.
• No internal audit conducted for quarter ended 30 June 2026.
• Non-payment to MSME creditors within 45 days per terms.
• GST input claimed in books subject to reconciliation.
• Unpaid dividend balance Rs 12.68 Lakh as of 30 June 2026.

Dematerialisation status

• Dematerialisation requests confirmed to depositories.
• Securities dematerialised were listed on stock exchanges where earlier issues are listed.
• Physical certificates for dematerialisation mutilated and cancelled after verification.
• Depository name substituted as registered owner in the register of members within 15 days.

Financial results

• Audited standalone financial results approved for quarter and year ended 31 March 2026.
• Standalone profit after tax was ₹52.02 lakh for Q4 FY26 and ₹186.72 lakh for FY26.
• Standalone revenue from operations was ₹3,320.18 lakh for Q4 FY26 and ₹12,711.78 lakh for FY26.
• Standalone balance sheet and cash flow statement were also approved.

Audit opinion

• Statutory auditor issued an unmodified opinion on the audited standalone financial statements.
• Auditor highlighted litigation-related receivables, unpaid bonuses, wage-payment practices, and no internal audit report.

Regulatory and legal matters

• Receivables of ₹141.20 lakh from Maharashtra Bio Fertilizers India Private Limited remain under NCLT litigation.
• Management wrote off the balance due from Maharashtra Bio Fertilizers after partial recovery.
• A separate NCLT matter involving Majestic Engineering Industries was written off at ₹651.47 lakh.

Other disclosures

• No separate reportable segment was identified for the manufacturing business.
• Unpaid dividend balance was disclosed at ₹12.68 lakh, with shareholder-wise records unavailable.