Munoth Communication Ltd

AGM Details

• AGM held on 24 September 2026 at 11:30 a.m. via VC/OAVM.
• Meeting concluded at 12:30 p.m.

Resolutions

• Adopt Audited financial statements for year ended March 31, 2026.
• Appoint Vikas Munoth, retiring by rotation, for re-appointment.
• Appoint Bharat Munoth, retiring by rotation, for re-appointment.
• Reappoint Jaswant Munoth as Managing Director for 3 years from Dec 1, 2026 to Nov 30, 2029.

Voting & Results

• Remote e-voting conducted; outcomes not disclosed in filing.

Directors

• Directors up for rotation: Vikas Munoth and Bharat Munoth; eligible for re-appointment.
• Jaswant Munoth continuing as MD per special resolution terms.

Auditors

• No auditor appointment changes disclosed.

Dividend

• No dividend information disclosed.

Related Party Transactions

• No material related party transactions disclosed.

Other Approvals

• No other material approvals disclosed.

Munoth Communication Ltd trading window closed from Oct 1, 2026 until the completion of 48 hours after declaration of the unaudited financial results for the Second quarter and three months ended September 30, 2026.

AGM details and resolutions

• AGM held on Sep 24, 2026 at 11:30 AM via VC/OAVM.
• Cut-off date for voting was Sep 17, 2026.
• Remote e-voting window: Sep 21–23, 2026 (9:00 AM–5:00 PM IST).
• Resolution 1: Adopting audited financial statements and reports approved.
• Resolution 2: Reappointment of Vikas Munoth as director approved.
• Resolution 3: Reappointment of Bharat Munoth as director approved.
• Resolution 4: Appointment of Jaswant Munoth as Managing Director approved.
• All resolutions passed by the requisite majority; minimal opposing votes observed.

AGM Details

• AGM held September 24, 2026 at 11:30 A.M. via VC/OAVM.
• Remote e-voting from 9:00 A.M. September 21 to 5:00 P.M. September 23, 2026.
• Scrutinizer: N. Selvam, Practicing Company Secretary.

Key Resolutions

• Ordinary: Adopt Audited financial statements for year ended 31 March 2026.
• Ordinary: Re-appoint Vikas Munoth as director by rotation.
• Ordinary: Re-appoint Bharat Munoth as director by rotation.
• Special: Reappoint Jaswant Munoth as Managing Director for 3 years (Dec 2026–Nov 2029).

Voting Status

• Voting results to be notified to stock exchange within 48 hours.
• Results will be uploaded on the company's website.

Financial snapshot

• Total income for year ended 31 Mar 2026: Rs 951.50k.
• Revenue from operations: Rs 950.00k in 2025-26.
• Profit after tax: Rs -4,917.42k; prior year Rs -3,948.18k.
• Earnings per share: Basic & Diluted Rs -0.51.
• Total comprehensive loss: Rs -44,778.90k.
• Operating cash flow: Rs -1,436.42k.
• Financing cash flow: Rs 1,116.84k.
• Net change in cash: Rs -318.08k.

Capital structure & liquidity

• Equity share capital: Rs 96,494.00k.
• Total equity: Rs 120,082.34k.
• Current borrowings: Rs 14,738.84k; Non-current borrowings: Rs 0.
• Total assets: Rs 142,714.03k; Current assets: Rs 4,684.17k; Current liabilities: Rs 15,053.57k.

Operations & strategy

• Single segment: trading mobile phones and accessories.
• Sales in 2025-26: Rs 950.00k; 2024-25: Nil.
• Plan to assemble power banks and battery packs.
• Dividend not declared by Board.

Governance & audit

• Audit committee: Denil Sudhesh Shah (Chairman), Ranjani Padmanabhan, Jaswant Munoth.
• Independent directors confirm no disqualification.
• Going concern supported by promoter backing and available assets.
• Auditors: Kumbhat & Co LLP; Secretarial audit: no adverse observations.

Related party disclosures

• Related party balances: Loans from director Rs 4,867.58k (current).
• Investments in Munoth Industries Limited: Rs 89,797.60k.
• FVOCI investments total: Rs 110,250.89k.

Risk & compliance highlights

• Management asserts going concern; reliance on promoter support.
• Company not declaring dividends; cash losses incurred.
• Ind AS accounting applied; no material audit qualifications.

Outlook & miscellaneous

• Exploring lithium battery/trading opportunities via group entities.
• Future opportunity includes power bank manufacturing.

Governance update

• Appointed Mr. Selvam Nadimuthu as Secretarial Auditor for FY 2026-27.
• COP 4858, FCS 4318, Peer Review Certificate No 2821/2022.
• Date of appointment: 13 August 2026.
• Email: Selvam.nadimuthu@gmail.com.
• Experience: 35 years as Company Secretary, incl. 15 years full-time, 22 years practising.

Financial highlights

• Revenue from operations: Rs 34.20 lakh in Q1 ended 30 Jun 2026.
• Total revenue: Rs 36.54 lakh in the quarter.
• Net profit after tax: Rs 2.59 lakh in the quarter.
• EPS (Basic & Diluted): Rs 0.03 per share.
• OCI: Rs 128.27 lakh; Total comprehensive income: Rs 130.84 lakh.
• Paid-up equity share capital: Rs 995.13 lakh.
• Reserves excluding Revaluation Reserves: Rs 0.00 lakh.

Operational scope & filings

• Single segment: selling and distribution of mobile phones and accessories.
• Debt-equity ratio: 0.09x; Current ratio: 0.15x.
• Debt service coverage ratio: 0.00x; Total debts to total assets: 0.07x.
• Current liability ratio: 0.61x.

Meeting Details

• Board meeting on August 13, 2026 to consider unaudited standalone Q1 2026 results.

Key Agenda Items

• Unaudited standalone financial results for quarter ended 30 June 2026 to be considered and taken on record.