Reetech International Ltd

Reetech International Limited trading window closed from October 01, 2026 until 48 Hours after the conclusion of Board Meeting in which un-audited financial results for the Half year ended on 30th September, 2026 shall be approved.

AGM details

• AGM date/time disclosed; mode not specified.
• Record date disclosed.
• Total resolutions: four.

Resolutions put to vote

• Resolution 1: Ordinary—adopt standalone financial statements with auditor's report.
• Resolution 2: Ordinary—re-appoint director by rotation.
• Resolution 3: Special—alteration of memorandum of association object clause.
• Resolution 4: Ordinary—approval of material related party transactions under section 188.

Voting results

• All resolutions passed; voting reflected strong promoter support.
• Dividend: none proposed or declared.

Director changes

• Resolution 2 entails director re-appointment by rotation.

Auditors

• Adoption includes auditor's report; no change in statutory auditor indicated.

Material related party transactions

• Resolution 4 approves material related party transactions under section 188.

AGM Details

• 18th AGM held on 23 September 2026 at 1:00 PM at registered office, Raipur, physically.
• Mode: physical meeting; e-voting not provided per SME exemptions.
• Quorum achieved; 11 members attended.
• Chair: Mahendra Ahuja; meeting commenced at 1:00 PM.
• Ballot-paper voting conducted; Scrutinizer to submit consolidated report within 2 working days.
• Outcome: proceedings completed; votes to be canvassed; results to stock exchanges and company website.

Ordinary Business

• Adoption of standalone and consolidated financial statements — approved with requisite majority.
• Appointment of Roma Ahuja as director liable to retire by rotation — approved with requisite majority.

Special Business

• Alteration of MOA object clause by insertion of additional object — approved with requisite majority.
• Material RPTs under section 188 — approved.

AGM & Resolutions

• 18th AGM fixed for Sep 23, 2026 at 1:00 PM, Sai Kunj, Raipur.
• Typo fixed: AGM date corrected to Sep 23, 2026 in covering letter.
• Ordinary Business: Standalone & Consolidated financials to be adopted.
• Re-appointment of Roma Ahuja as Director, liable to retire by rotation.
• Special Resolution: Alteration of object clause for real estate, logistics, infra projects.
• Approval of Material Related Party Transactions with four parties up to ₹10 crore each.
• RPTs to be on arm's length basis and in ordinary course.

Financial performance

• Standalone total income 188.82 lakhs; revenue from operations zero.
• Standalone PAT 19.33 lakhs; profit after tax.
• Consolidated total income 188.82 lakhs; PAT 40.99 lakhs.
• MAPIPL associate contributed 21.66 lakhs profit to the group.
• Consolidated EPS 0.97; Standalone EPS 0.46.
• Standalone net worth ₹1,505.16 lakhs; Consolidated equity ₹1,212.55 lakhs.

Capital structure & dividends

• Authorized capital ₹15 crore; paid-up capital ₹4.2271 crore; no change in FY2025-26.
• Promoter holdings: Mahendra Ahuja 13,22,750 shares (31.29%); Roma Ahuja 17,89,200 shares (42.33%).
• Dividend: no dividend declared for FY2025-26.

Diversification & business developments

• Diversification into real estate and logistics; object clause amended accordingly.
• Axis Bank car loan paid off; no liability as of 31-03-2026.
• Company Secretary salary revised to ₹35,000 per month from ₹30,000.
• Name changed to Reetech International Limited; effective 25-Apr-2025.

Governance & compliance

• Board committees: Audit; Nomination & Remuneration; CSR; Stakeholder Relationship since 15-Jul-2022.
• Secretarial auditor: Nitin Agrawal & Co. appointed for 2025-30; approved by members.
• Independent Directors held a separate meeting on 20-Feb-2026.
• Statutory auditor: Jay Gupta & Associates; Internal auditor: PSNV & Associates LLP.
• Secretarial audit report: no observations; compliance with applicable laws confirmed.

Related party transactions

• Board approved related party transactions with Mahendra Ahuja, Roma Ahuja, MAPIPL, and AIM Infrastructure.
• Thresholds: contracts up to ₹10 crore per related party; arm's length and ordinary course.

CSR & ESG

• CSR not applicable for the year; CSR policy exists (Annexure IV) with focus areas Education.
• CSR committee to meet at least twice a year; CAAP planning framework in place.

Outlook & risks

• Diversification into real estate aimed at reducing coal-market exposure.
• MAPIPL associate shows profitability; company pursuing opportunities in land and related services.

Financial snapshot

• Standalone total income 188.82 L; PAT 19.33 L; EPS 0.46 Rs (FY26).
• Consolidated total income 188.82 L; PAT 40.99 L; EPS 0.97 Rs (FY26).
• Standalone net worth 1505.16 L; Consolidated net worth 1212.55 L (as at 31-03-2026).
• Dividend not declared for FY25-26.

Capital structure & liquidity

• Authorized capital Rs 15 Cr; issued/subscribed Rs 4.2271 Cr; 42,27,100 shares.
• Debt (Consolidated) 73.52 L; Debt/Equity 0.06; Axis Bank car loan paid; NOC Jan 6, 2026.
• Cash and cash equivalents 0.01 L; 100% dematerialised; SME listing on BSE (REETECH/543617).

Strategic moves & diversification

• Name changed to Reetech International Limited; effective 25-Apr-2025.
• Object Clause expanded to include real estate and logistics; special resolution required.
• Diversified into land trading; no material revenue in FY26.
• MAPIPL associate contributed to consolidation; PAT of MAPIPL and related figures noted.

Dividends & capital actions

• Bonus issue: 3,11,100 shares; IPO: 5,97,600 shares issued in 2022.
• Material related party transactions may exceed thresholds; approvals obtained; RPT policy revised May 27, 2025.

Governance & risk management

• Secretarial audit by Nitin Agrawal & Co; no observations; five-year term recommended.
• Board: 4 meetings; Audit Committee: 4; NRC: 2; Stakeholder: 2.
• Independent Directors held a separate meeting on Feb 20, 2026; independence confirmed.
• Going concern assessment highlighted as a key audit matter; diversification supports viability.

Associated company & related party

• MAPUJA Project India Pvt Ltd (MAPIPL) is a key associate; PAT 59.56 L; net worth 122.88 L.
• Company share of MAPIPL profit 21.66 L included in consolidated results.

CSR & ESG stance

• CSR not applicable for FY26; CSR policy exists; annual CSR disclosures included in report.

Key approvals

• Approved Board Report for FY ended March 31, 2026.
• Approved Secretarial Audit Report for FY ended March 31, 2026.
• Appointed M/s Nitin Agrawal & Co. as Scrutinizer for 18th AGM ballot.
• Proposed alteration of object clause by adding new objects.
• Convened 18th AGM and issued notice thereof.
• Reviewed Material Related Party Transactions under Companies Act, 2013.

Dematerialisation/rematerialisation status

• Regulation 74(5) not applicable; all shares are in demat form.
• No dematerialisation/rematerialisation requests were received during the quarter ended 30 June 2026.