Super Bakers India Ltd

Super Bakers India Ltd: Closure of Trading Window from 1st October, 2026 till 48 hours after the declaration of Unaudited Financial Results for the quarter ended on 30th September, 2026

Independent Directors Retirement

• Mr. Hargovind H. Parmar, Independent Director, ceased on 21 September 2026 after completing a 5-year term.
• Ms. Unnati S. Bane, Independent Director, ceased on 21 September 2026 after completing a 5-year term.

New independent directors

• Parth B. Thakkar appointed Non-Executive Independent Director for 5 years (1 Sep 2026–31 Aug 2031).
• Parth B. Thakkar profile: B.Com., LLB & CS; 7+ years in governance and corporate matters.
• AGM approval for both appointments obtained at 32nd AGM held 21 Sep 2026.
• Rajkumari R. Udhwani appointed Non-Executive Independent Director for 5 years (1 Sep 2026–31 Aug 2031).
• Rajkumari R. Udhwani profile: B.Com., LL.B., LL.M; advocate and trade mark attorney; 11+ years in corporate law.
• Not related to other directors; not debarred by SEBI or other authorities.

AGM Details

• 32nd AGM held via VC/OAVM on 21 September 2026 at 3:00 p.m. IST.
• Remote e-voting conducted 18–20 September 2026; voting cut-off 14 September 2026.
• Proceedings deemed to be at the registered office.

Key Resolutions

• Resolution 1: Adoption of Audited Financial Statements and reports (Ordinary).
• Resolution 2: Reappointment of Sunil S. Ahuja by rotation (Ordinary).
• Resolution 3: Parth B. Thakkar appointed Non-Executive Independent Director (Special).
• Resolution 4: Rajkumari R. Udhwani appointed Non-Executive Independent Director (Special).
• Resolution 5: Kashyap R. Mehta & Partners appointed Secretarial Auditors (Five years).

Voting Results

• Resolution 1: Passed; 100% in favour; 9 against (0.00%).
• Resolution 2: Passed; 100% in favour; 9 against (0.00%).
• Resolution 3: Passed as Special; 100% in favour; 0 against.
• Resolution 4: Passed as Special; 100% in favour; 0 against.
• Resolution 5: Passed; 100% in favour; 9 against (0.00%).

Auditor Appointments

• Secretarial Auditor Kashyap R. Mehta & Partners appointed for five years (2026–31).

Director Changes

• Sunil S. Ahuja reappointed by rotation.
• Parth B. Thakkar appointed Non-Executive Independent Director for five years.
• Rajkumari R. Udhwani appointed Non-Executive Independent Director for five years.

AGM Details

• AGM held on 21 September 2026 at 3:00 PM IST via VC/OAVM.
• Quorum present; meeting commenced at 3:00 PM and ended at 3:17 PM.

Ordinary Business

• Adoption of Audited Financial Statements for year ended 31 March 2026.
• Re-appointment of Sunil S. Ahuja as Director by rotation.
• Appoint M/s Kashyap R Mehta & Partners as Secretarial Auditors for 2026–31.

Special Business

• Appoint Parth B. Thakkar as Non-Executive Independent Director for five years from 1 Sept 2026.
• Appoint Rajkumari R. Udhwani as Non-Executive Independent Director for five years from 1 Sept 2026.

Director Changes

• Independent Directors Unnati Bane and Hargovind Parmar to retire at AGM conclusion.

Voting and Results

• EVoting results to be declared within two working days; Scrutinizer's report to be submitted.
• Final results will be communicated to BSE; Regulation 44(3) filing later.

Financial performance

• Revenue from operations NIL for FY2025-26.
• Total income ₹91.56 lakh, largely from other income.
• PAT ₹47.30 lakh for FY2025-26.
• PBT ₹56.64 lakh for FY2025-26.
• EPS ₹1.56 for FY2025-26.
• No dividend recommended for FY2025-26.

Capital structure & liquidity

• Equity share capital ₹302.16 lakh.
• Net worth ₹558.69 lakh as of 31 Mar 2026.
• No long-term borrowings; debt nil.
• Cash & cash equivalents ₹45.02 lakh.
• Bank balances ₹414.75 lakh.
• Total assets ₹590.67 lakh.

Operations & segment

• Wheat flour production suspended since 1 Feb 2015.
• Company operates a single segment.
• Management expects demand revival for wheat flour in near term.

Governance & board

• Independent directors Parth Thakkar and Rajkumari Udhwani appointed Sep 1, 2026 for five years.
• Audit Committee reconstituted Sep 1, 2026: Thakkar (Chair), Udhwani, Anil Ahuja.
• Bandish Rana appointed Company Secretary w.e.f. 1 Jan 2026.
• Board meetings held: 7 in FY2025-26.

Audit & compliance

• Statutory auditors NK Aswani & Co. issued unqualified audit opinion.
• Secretarial auditors Kashyap R. Mehta & Partners appointed for 2026-31.
• Secretarial audit report had no qualifications.

Related party transactions

• Directors' remuneration to MD ₹12.00 lakh for FY2025-26.
• Closing balance with related party Mr. Anil S. Ahuja ₹4.46 lakh.

Management discussion & outlook

• Industry remains challenging; revival anticipated with better monsoon.
• Outlook: demand for flour expected to improve; risks include policy shifts.
• Internal controls are adequate; governance policies are followed.

Financial performance

• Unaudited standalone results for quarter ended 30 Jun 2026.
• Total income ₹22.21 crore.
• Profit before tax ₹11.35 crore; current tax ₹1.70 crore; deferred tax ₹(0.14) crore.
• Profit after tax ₹9.79 crore; PAT per share basic ₹0.32; diluted ₹0.31.
• Total expenses ₹10.89 crore; employee benefits ₹2.03 crore; depreciation ₹1.72 crore.
• Other expenses ₹7.14 crore; finance costs ₹0.02 crore.
• One-segment company; no segment reporting.
• Board approved results in meeting on 11 Aug 2026.

Balance sheet & capital adequacy

• Paid-up equity capital ₹302.16 crore.
• Reserves excluding Revaluation Reserves ₹256.1 crore.

Notes & audit

• Limited Review Report issued; no material misstatement observed.
• Integrated filing (Financial) submitted under SEBI LODR.
• Company operates in a single segment; segment reporting not provided.

Meeting Details

• Board meeting on 11 August 2026; time/venue not disclosed; to consider unaudited quarterly results.

Key Agenda Items

• To consider and approve the unaudited quarterly financial results for the quarter ended 30 June 2026.

Other Notes

• Trading window remains closed for designated persons until 48 hours after results declaration.

AGM date and e-voting

• AGM scheduled for 21 September 2026 at 3:00 PM via VC/OAVM.
• Remote e-voting window: 18-20 Sep 2026; cutoff 14 Sep; voting ends 15 minutes after AGM.

Director appointments

• Parth B. Thakkar and Rajkumari R. Udhwani appointed Additional Directors from 1 Sept 2026, subject to AGM approval.

Secretarial auditor

• Appointment of M/s Kashyap R Mehta & Partners as Secretarial Auditors for 2026-31.

Committee reconstitution

• Audit Committee reconstitution effective 1 Sept 2026; NRC and Stakeholders committees also reconstituted.