Netlink Solutions India Ltd

Corporate Actions

• Shifting of registered office from Maharashtra to Gujarat, effective 14 Oct 2026, to Rajkot address.
• New registered office: 1603, Twinstar, North Block, Rajkot, Gujarat 360004.
• Regional Director Western Region approved relocation by order dated 22 Sep 2026.

AGM Details

• AGM held on 29 September 2026 at 12:30 PM via VC/OAVM.
• Cut-off date for voting rights: 23 September 2026.

Resolutions

• Ordinary resolution to receive, adopt, and approve the audited financial statements and related reports.
• Ordinary resolution for reappointment of director by rotation.
• Ordinary resolution to confirm appointment of the Managing Director.
• Ordinary resolution to authorize related party transactions for FY 2026-27.

Voting Results

• Resolution 1 passed; 23 in favor, 7 against.
• Resolution 2 passed; 22 in favor, 8 against.
• Resolution 3 passed; 22 in favor, 8 against.
• Resolution 4 passed; 23 in favor, 7 against.

Director Changes

• Director by rotation reappointment approved.
• Managing Director appointment confirmed.

Related Party Transactions

• RPT authorization for FY 2026-27 approved; counterparty not disclosed.

AGM Proceedings & Key Resolutions

• AGM held via VC/OAVM on 29 Sep 2026; meeting ran 12:30-12:38 and e-voting remained open 15 minutes.
• Adoption of Financial Statements and Annual Report for FY 2025-26 (Ordinary Resolution).
• Reappointment of Viren Sudhirbhai Bakraniya by rotation (Ordinary Resolution).
• Confirmation of appointment of Gopalkumar Girdharbhai Ranparia as Managing Director (Ordinary Resolution).
• Authorization of related party transactions for FY 2026-27 (Ordinary Resolution).
• All resolutions deemed passed with requisite majority; final tally to be reported after scrutiny.

Netlink Solutions (India) Limited: Trading Window closed from 1st October, 2026 till 48 hours after the announcement of the Unaudited Financial Results of the Company for the quarter to end on 30th September 2026.

Awarding entity: Hon'ble Regional Director, Western Region-I

• Approves shift of registered office from Maharashtra to Gujarat; order dated 22 Sep 2026; MOA amended.

Financial performance

• Revenue from operations: ₹4.81 lakh in FY26; ₹24.60 lakh in FY25.
• Total income: ₹345.81 lakh in FY26 vs ₹935.94 lakh in FY25.
• EBITDA: ₹209.75 lakh; PAT ₹202.93 lakh.
• EPS: ₹8.02 (basic and diluted).
• Net profit margin: 58.68%.
• ROE: 6.27%; ROCE: 5.89%.
• Dividend for FY25-26: not declared.
• Board meetings held: 9 in FY2025-26.

Balance sheet & capital structure

• Equity capital ₹252.92 lakh; total equity ₹3,238.26 lakh.
• Total assets ₹3,239.79 lakh; no borrowings.
• Cash & equivalents ₹49.64 lakh; other bank balances ₹1.61 lakh.

Dividend & reserves

• Dividend not declared for FY2025-26; no transfer to general reserve.
• General reserve ₹11.80 lakh; Capital redemption reserve ₹43.78 lakh.
• Retained earnings ₹2,929.76 lakh.

Strategic developments

• Expanded objects to tungsten-based products, including APT, WO3, cobalt/tungsten powders.
• Open offer completed; promoter group control; board reconstituted.
• Registered office shifted from Maharashtra to Gujarat; approvals pending.

Governance & board

• Board size five; two Executive, three Independent as of 31 March 2026.
• Gopalkumar Ranparia appointed MD from 19 August 2026.
• Independent Directors met 30 January 2026; Audit Committee met nine times.
• CSR not applicable for 2025-26; CSR policy available online.

Related party transactions

• Related party transactions capped at ₹10 crore per annum per related party.
• RPT policy published on company website; contracts are arm's length.
• KMP remuneration: Minesh Modi ₹36 lakh; Rupa Modi ₹36 lakh; Kajal Baldha ₹0 (from 10.03.2026).
• Aarushi Lad ₹2.04 lakh; rent to Minesh Modi ₹9.00 lakh.

Auditors & internal controls

• Statutory auditors: Ladha Singhal & Associates; Secretarial: Malay Desai & Associates.
• Internal financial controls assessed; no material weaknesses; going concern basis.
• Secretarial compliance certificates included; board reviews audits regularly.
• No fraud reported; no penalties or non-compliance in three years.

Key Decisions

• Approved the Board's Report and annexures for FY ended 31 March 2026.
• Approved Notice for 41st AGM to be held on 29 September 2026 at 12:30 PM via VC/OAVM.
• Fixed the cut-off date for voting eligibility as 23 September 2026 and approved remote e-voting schedule.
• Appointed Scrutinizer M/s Malay Desai & Associates, Practising Company Secretary, Ahmedabad for remote e-voting and AGM voting.
• Approved books of account maintenance address to 1103 Sankalp Square 3A, Near Taj Skyline, Ahmedabad 380058.

Resignation: Company Secretary & Compliance Officer

• Ms. Komal Bairathi resigns as Company Secretary & Compliance Officer, effective Aug 18, 2026.

Appointment: Company Secretary & Compliance Officer

• Vidushi Pagare appointed CS&CO from Aug 19, 2026.
• Profile: CS (ICSI) with LLB and B.Com.

Resignation: Whole-Time Director & CFO

• Kajal Gopal Baldha resigns as WTD & CFO, effective Aug 18, 2026.

Appointment: Chief Financial Officer

• Bhanu Rank appointed CFO from Aug 19, 2026.

Appointment: Managing Director / Additional Director

• Gopalkumar Girdharbhai Ranparia appointed Additional Director – Managing Director from Aug 19, 2026.
• Profile: Eng./industrial professional with 15+ years in instrumentation, power, and process industries.

Resignation: Independent Director

• Kaushal Ameta resigns as Independent Director, effective Aug 18, 2026.

Appointment: Non-Executive Independent Director

• Dilipkumar Gajanand Nikhare appointed Non-Executive Independent Director from Aug 19, 2026.
• Profile: CS and law graduate.