Jyotirgamya Enterprises Ltd

Dematerialisation status

• No physical share certificates were received for dematerialisation.

Atma Industries Limited trading window closed from Oct 01, 2026; will reopen 48 hours after the announcement of the Un-Audited Financial Results for the Quarter and Half Year ending Sep 30, 2026

AGM Details

• Date: 07 September 2026; Time: 12:00 PM; Mode: VC/OAVM.
• Voting cut-off for e-voting: 31 August 2026.

Ordinary Resolutions

• Resolution 1: Adopt Audited Financial Statements for year ended 31 March 2026; Passed.
• Resolution 2: Reappoint Alpa Bhavesh Vora by rotation; Passed.

Special Resolutions

• Resolution 3: Enhance limits for investments, loans, guarantees, and securities under Section 186; Passed.
• Resolution 4: Regularise Balakrishna Krishna Reddy as Managing Director; Passed.

Dividend

• No dividend proposed or declared.

Director changes

• Ms Alpa Bhavesh Vora retires by rotation and is reappointed subject to approval.
• Balakrishna Krishna Reddy appointed as Managing Director.

Auditors

• No change in statutory auditor reported.

Material related party transactions

• No material related party transactions disclosed in AGM proceedings.

Other material approvals

• Scrutinizer's report confirms resolutions passed by majority.

AGM Details

• Date, time, mode: 07 Sep 2026, 12:00 PM, via video conferencing.
• Quorum: 42 members attended.
• Remote e-voting window: 04 Sep 2026 9:00 AM to 06 Sep 2026 5:00 PM IST.
• Scrutinizer: Anuj Gupta appointed for e-voting.
• E-voting remained open during the meeting for additional votes.
• Meeting concluded at 01:02 PM.

Ordinary Business

• Adopt Audited Financial Statements for year ended 31 March 2026.
• Reappointment of Ms. Alpa Bhavesh Vora by rotation.

Special Business

• Item 3: Limits for investments, loans, guarantees, and securities enhanced; approved by special resolution.
• Item 4: Balakrishna Krishna Reddy regularised as Managing Director; approved by special resolution.

Voting Outcome

• Items 1 and 2 passed by ordinary resolution.
• Items 3 and 4 passed by special resolution.

Internal Auditor Re-appointment

• Re-appointed as Internal Auditor for FY 2026-27, effective 17 August 2026.
• Profile: 6+ years experience in evaluating and improving processes, focusing on financial strategy, reporting, and risk.
• Disclosure: No relationships with other directors disclosed.

Financial performance

• Revenue and total income were nil; net loss after tax ₹4.12 lakh.
• Total expenditure stood at ₹4.06 lakh; depreciation ₹0.11 lakh; tax ₹0.09 lakh.
• Profit before tax and after tax were negative; earnings per share nil.
• Net cash from operating activities: ₹(9.98) lakh; financing inflow ₹44.01 lakh.
• Dividend for the year: none; no dividend was declared.
• Equity ₹305.37 lakh; reserves ₹50.63 lakh; total assets ₹500.26 lakh.
• Basic and diluted EPS: ₹0.00.
• Equity shares outstanding: 23.00 lakh; face value ₹10.

Capital structure and liquidity

• Authorized capital ₹2.80 crore; paid-up equity ₹2.30 crore; preference ₹0.247 crore.
• Gearing ratio 47.85% as of 31 March 2026.
• Net debt ₹146.12 lakh; cash and cash equivalents ₹4.76 lakh.
• No fresh borrowings during the year.
• Dividend declared for the year: none.

Governance and board changes

• Balakrishna K. Reddy appointed MD for five years from Jan 15, 2026; remuneration nil due to inadequate profits.
• Gopika Raman appointed Director on 04.07.2025; ceased 17.04.2026.
• Arun Shantaram Karangutkar appointed 15.11.2025; ceased 26.12.2025.
• Anil Jain ceased 05.09.2025; Prasad Kemnaik ceased 26.05.2025.
• Sonia Bhimrajka ceased 26.05.2026; Rupal Pandey appointed Company Secretary 18.07.2026.
• Independent Directors: Ajay Suresh Yadav and Rinku Saini.
• Board meetings: 12; Ajay Suresh Yadav attended all.

AGM and regulatory actions

• 40th AGM on 7 Sep 2026 via VC/OAVM; notice circulated electronically.
• Special Resolution 3: Board empowered to loans/guarantees/securities/investments up to ₹25 crore.
• Special Resolution 4: Balakrishna Reddy appointed MD; nil remuneration due to profits; future remuneration may be approved.
• Name change to Atma Industries approved; MCA 18 Apr 2026; BSE 23 Jun 2026.
• Remote e-voting window: 4–6 Sep 2026; record date 31 Aug 2026.

Business model and strategy

• Diversified across trading, import/export, precious metals, chemicals, IT, and real estate.
• Single primary segment: manufacturing of auto components.
• No subsidiary or JV; pursuing opportunities in trading and international trade.
• Outlook remains cautious amid global uncertainties; focus on diversification and prudent growth.

Audit, risk and internal controls

• Statutory auditors Amit Agarwal & Co reappointed for five years to 2030.
• Secretarial audit MR-3 by Anuj Gupta; SEBI LODR penalty for late filing.
• Internal controls are adequate; no internal auditor in FY2025-26.
• Corporate Governance certificate issued; no investor grievances beyond one month.
• Governance not mandatory for SME-listed entity.

Management discussion and analysis highlights

• Industry structure is diversified; domestic economy resilient amid global uncertainties.
• Risks include commodity prices, FX, regulatory changes, inflation, and supply chains.
• Opportunities from expanding international trade, digital adoption, and exports.
• Outlook: growth possible with diversified portfolio; cautious stance due to external conditions.

Shareholder information

• Major holders: Akarshika Traders LLP, DD Master HUF, Ayush Devang Master each 9.57%.
• Top holders include Anju Chordia 5.33% and Premilaben Kothari 5.22%.
• Equity shares outstanding: 23.00 lakh; 2.47 lakh preference shares issued.
• Dividend: none; no buybacks; no unclaimed dividends.

CSR and sustainability

• CSR not applicable; BRR not applicable for this entity.
• Green initiatives: electronic copies of Annual Report; hard copies on request.

agm details

• Date and time: 7 September 2026 at 12:00 PM, via VC/OAVM.

voting window

• Remote e-voting: 4 Sep 2026 09:00 to 6 Sep 2026 17:00; cut-off 31 Aug 2026.

key resolutions

• Resolution 1 (Ordinary): Adopt Audited Financial Statements for year ended 31 March 2026.
• Resolution 2 (Ordinary): Reappointment of Ms. Alpa Bhavesh Vora, retiring by rotation.
• Resolution 3 (Special): Increase investment/loan/guarantee/securities limits under Section 186 up to Rs 25 crore.
• Resolution 4 (Special): Regularise Balakrishna K. Reddy as Managing Director for five years from 15 January 2026 with nil remuneration.

director changes

• Ms. Alpa Bhavesh Vora to retire by rotation and seek reappointment.
• Balakrishna K. Reddy appointed Managing Director for five years from 15 January 2026; nil remuneration.

Unaudited standalone results

• Board approved unaudited standalone results for quarter ended 30 June 2026.
• Independent Auditor's Limited Review Report issued; review per SRE 2410 completed.
• Conclusion: report not modified; no material misstatement identified.
• Name changed to ATMA Industries Limited (formerly Jyotirgamya Enterprises Limited).
• Board meeting held 7 Aug 2026; New Delhi.
• No investor complaints pending at end of quarter.