Ravi Kumar Distilleries Ltd

AGM Details

• Date, time, mode: 28 Sep 2026, 11:30–11:46 IST, physical meeting.
• Venue: C-9, C-10, Industrial Estate, 2nd Main Road, Thattanchavady, Puducherry.
• Book closure: 23 Sep 2026 to 28 Sep 2026.
• Record date: 22 Sep 2026.
• Total shareholders on record: 19,989.
• Shareholders present: 42 (3 promoters, 39 public).
• No video-conferencing facility; e-voting and physical ballots conducted.

Key Resolutions

• Resolution 1: Adoption of audited financial statements for year ended 31 March 2026.
• Resolution 2: Reappointment of director retiring by rotation (Badrinath S Gandhi).

Voting Results

• Resolution 1 passed; ~74.31% in favor of votes polled.
• Resolution 2 passed; ~74.39% in favor of votes polled.

AGM Details

• Date, time and venue: 28 September 2026, 11:30 AM, physical at registered office.
• Mode: physical with remote e-voting.
• Remote e-voting window: 25–27 September 2026.
• Meeting concluded: 11:46 AM.

Ordinary Business Resolutions

• Adoption of audited financial statements for the year ended 31 March 2026 and related reports.
• Re-appointment of Director Badrinath S Gandhi, retiring by rotation.

Ravi Kumar Distilleries Limited trading window closure from October 1, 2026 until 48 hours after the announcement of unaudited financial results for the quarter and half year ended September 30, 2026

Financial highlights

• Total revenue FY2025-26: Rs 5702.01 lakhs.
• Revenue from operations: Rs 5421.88 lakhs.
• EBITDA: Rs 167.98 lakhs; prior year 47.69.
• PAT: Rs 13.68 lakhs.
• EPS: Re 0.06 per share.
• Dividend: no dividend proposed for FY2025-26.
• Installed capacity: 1,425,000 cases per annum.
• Employees: 55 as of 31 March 2026.

Operations & capacity

• IMFL manufacturing and sale; single Puducherry unit.
• Installed capacity: 1,425,000 cases per annum.
• Product portfolio includes Capricorn, Jean Brothers, Black Berry, and others.
• IMFL categories include whisky, brandy, rum, gin, vodka.
• Plant located at R.S. 89/4-A, Mannadipet, Puducherry.
• 55 employees as of 31 March 2026.

Capital structure & liquidity

• Total borrowings: Rs 5,744.20 lakhs.
• Cash and cash equivalents: Rs 24.33 lakhs.
• Debt-to-equity ratio: 2.16x as at 31-03-2026.
• Equity share capital: Rs 2,400.00 lakhs; 24.00 mn shares.
• Promoters/promoter group hold 23.61% of equity.
• AGM scheduled for 28 Sep 2026 at Puducherry.

Governance & compliance

• Board size six; two executive, three independent, one woman director.
• Independent directors declared independence per SEBI LODR.
• Auditors: Ramanand & Associates; qualified opinion issued.
• Secretarial audit: Naithani & Shetty; some compliance gaps noted.
• E-voting facility provided for AGM.

Risks & regulatory

• SEBI IPO fund swindling investigation; SAT proceedings ongoing.
• Litigation with Liquors India Limited and Lemonade; appeals in progress.
• Tax and GST disputes; multiple demand notices and petitions.
• Statutory dues arrears and interest not fully provisioned.

Outlook & strategy

• Management aims to improve performance in the current year.
• Industry headwinds include high taxes and licensing barriers.
• Premiumisation trends present growth opportunities in brandy and premium segments.

Shareholding & corporate actions

• Promoters hold 23.61% equity as of 31-03-2026.
• AGM scheduled 28 Sep 2026; Puducherry venue.
• Shareholding mix: Private corporates 46.15%, Indian public 29.75%.

AGM Details

• Date and time: 28 Sep 2026, 11:30 AM; venue: registered office; physical meeting.
• Register closure for dividend eligibility: 23 Sep 2026 to 28 Sep 2026.
• EVoting cut-off date: 22 Sep 2026.

Ordinary Business

• Adoption of audited financial statements for FY 2025-26.
• Re-appointment of director by rotation: Mr. Badrinath S Gandhi.

Voting and Results

• Voting results not disclosed in filing.

Director Changes

• Director Badrinath S Gandhi retires by rotation; eligible for re-appointment.

Dividend

• Dividend status not specified; closure referenced for potential future dividend.

AGM Details

• Thirty-Third AGM on 28 September 2026 at 11:30 a.m. at registered office.
• Physical meeting with e-voting facility.
• E-voting window: 25 September 2026, 9:00 a.m. to 27 September 2026, 5:00 p.m.
• Cut-off date for voting eligibility: 22 September 2026.
• Book Closure: 23 September 2026 to 28 September 2026 (inclusive).
• Instructions for e-voting will be sent with the Notice.

Book closure details

• Book closure from 23 September 2026 to 28 September 2026 (inclusive).
• Purpose: Annual General Meeting.
• Security type: Equity shares of Rs.10 each.
• AGM date: 28 September 2026.

Financial results approved

• Standalone unaudited quarterly results for quarter ended 30 June 2026 approved.
• Limited review report issued by independent auditors.

Auditor remarks

• Review report for quarter ended 30 June 2026 is qualified.

AGM date

• 33rd AGM scheduled for 28 September 2026 at registered office.

Regulatory and legal disclosures

• Rs 2,900.25 lakh recoverables disputed; no provision for expected credit loss.
• SEBI ordered repayment; litigation ongoing; management expects recovery.
• Investments in Liquor India Limited and Lemonade Shares under dispute; various legal actions ongoing.

Operational disclosures

• Single reportable segment: IMFL.