Star Source Multi Trade Ltd

AGM details

• AGM held on 28 September 2026 at 4:00 PM IST via VC/OAVM.
• Remote e-voting ran from 25 to 27 September 2026.

Resolutions

• Ordinary resolution to adopt audited financial statements for year ended 31 March 2026 — passed with 99.9975% in favour.
• Ordinary resolution to re-appoint director retiring by rotation (Ruchit Mehta) — passed with 99.9975% in favour.

Director changes

• Re-appointment of Mr. Ruchit Mehta as director (retiring by rotation).

AGM Details

• AGM held Sep 28, 2026 at 04:00 P.M. IST via VC/OAVM.
• Meeting conducted without physical attendance; VC/OAVM used.

Resolutions

• Ordinary: Adopt Audited financial statements for year ended 31 March 2026.
• Ordinary: Re-appointment by rotation of Mr. Ruchit Mehta.

Voting & Outcome

• EVoting results to be communicated to BSE within two working days.

Other Details

• Total attendees: 27 members; proceedings conducted via VC/OAVM.

Star Source Multi Trade Ltd: Trading Window closed from October 01, 2026 until two clear trading days after the announcement of Un-Audited Financial Results for the quarter ending September 30, 2026

AGM Details

• 84th AGM scheduled for 28 September 2026 at 04:00 p.m. via VC/OAVM.
• Deemed venue: Registered Office; e-voting facility provided by CDSL.
• Remote e-voting window opens 25 Sept 2026 09:00 to 27 Sept 2026 17:00.
• Cut-off date for voting eligibility: 21 Sept 2026.

Resolutions

• Ordinary Business 1: adopt Audited Financial Statements for year ended 31 March 2026.
• Ordinary Business 2: appoint director retiring by rotation for re-appointment.

Voting results

• Voting results not disclosed in the notice.

Dividend

• No dividend information mentioned.

Director changes

• Ruchit Mehta retires by rotation and is eligible for re-appointment.

Auditors

• No auditor appointment details disclosed.

Material RPTs

• No material related party transactions mentioned.

Other approvals

• No other material approvals disclosed.

Financial snapshot

• Revenue from operations: Rs 5,256.56 thousand for year ended 31 Mar 2026.
• Other income: Rs 238.86 thousand; Total revenue: Rs 5,495.41 thousand.
• Profit before tax and depreciation: Rs -118,545.45 thousand; Profit after tax: Rs -118,549.73 thousand.
• EPS (Basic & Diluted): Rs -79.03.

Capital structure & liquidity

• Paid-up equity share capital: Rs 15,000 thousand.
• No bank borrowings; debt-free from banks during year.
• Related party loan: Rs 25,081.23 thousand outstanding to Solding Hydrowatt Pvt. Ltd.
• Cash and cash equivalents: Rs 122.26 thousand at year-end.
• Net cash from operating activities: Rs -106,215.39 thousand; investing: Rs 109.85 thousand; financing: Rs 0.00.

Business developments & strategy

• Board exploring new opportunities; object clause revised to venture into commodity trading.
• No manufacturing operations in the year; energy/foreign exchange items Nil.
• Outlook described as optimistic by the Board.

Governance & leadership changes

• Appointment: Ruchit Mehta as MD & CEO; Utsav Trivedi as ED & CFO; Sarvagya Goel and Shilpi Chopra as Independent Directors.
• Aditya Agarwal appointed Company Secretary & Compliance Officer from 12 Sep 2025.
• Significant resignations: Bhawna Rajput (CS) from 12 Sep 2025; other earlier resignations included executive and non-exec directors.

Audit, risk & internal controls

• Statutory auditors: M/S S S R V & Associates; appointment regularised 31 Jul 2026; no adverse comments noted.
• Secretarial auditor: Arvind Sudra & Associates; no qualifications; internal control policies in place.
• Internal audit: Sarda Soni Associates LLP; internal financial controls considered adequate.

Related party and promoter holdings

• Related party loan balance: Rs 25,081.23 thousand to Solding Hydrowatt Pvt. Ltd. (100% of related party loans).
• Promoters include Atibha Agriseeds Pvt Ltd with 27.89% holding; Citric India Limited held 24.63% in prior year but 0% in 2026.
• Promoter share sale to Atibha Agriseeds Pvt Ltd announced; Open offer process under SEBI SAST ongoing.

Shareholder matters & AGM

• AGM 84th scheduled for 28 Sep 2026, 04:00 PM via VC/OAVM; participation via remote e-voting.
• Remote e-voting window: 25–27 Sep 2026; cut-off date 21 Sep 2026; notice available online.
• Book closure: 22–27 Sep 2026; Record date: 21 Sep 2026.

Corporate governance status

• Company not required to comply with SEBI Corporate Governance norms due to capital/net-worth thresholds.

Meeting Details

• Date: Sep 1, 2026; Time: not disclosed; Location: registered office.

Key Agenda Items

• Consider and approve Notice of the 39th AGM for year ended March 31, 2026.
• Consider and fix Book Closure and Record Date for the forthcoming AGM.
• Consider and approve appointment of Scrutinizer for the forthcoming 83rd AGM.
• To consider any other matter with the Chair's permission.

Key Financials (Standalone, quarter ended 30-Jun-2026)

• Net sales/income from operations: ₹745.85k in quarter ended 30-Jun-2026.
• Total expenditure: ₹536.01k; employee benefits ₹288k, other expenses ₹246.35k.
• PAT: ₹209.84k; PBT same; Deferred tax ₹0.80k.
• EPS Basic & Diluted: ₹0.14 per share.
• Paid-up equity capital: ₹15,000k; reserves: −₹2,019.16k.
• No reportable segment; results are standalone.
• Board approved unaudited standalone results; statutory auditors carried out limited review.