Tacent Projects Ltd

Financials

• Standalone total income Rs 10.25 Lakh in FY2025-26.
• PAT Rs 1.17 Lakh, up from Rs -3.70 Lakh prior year.
• EPS basic Rs 0.033; prior year Rs -0.105.
• Equity share capital Rs 351.23 Lakh; net worth negative Rs 24.36 Lakh.
• Trade receivables Rs 141.64 Lakh; borrowings Rs 37.04 Lakh.
• Total assets Rs 142.52 Lakh; total equity and liabilities Rs 142.52 Lakh.
• Dividend for FY2025-26 not declared.

Capital & fundraising

• Authorised share capital increased to Rs 22 Crore.
• Equity capital increased to 2,00,00,000 shares; preference shares 2,00,000 unchanged.
• Special resolutions: preferential issue up to 34 Lakh equity shares; up to 1,15,87,750 warrants.
• Valuation fair value Rs 9.14 per share; issue price Rs 10 not discounted.
• Promoter post-issue holding around 61%.

Governance & management

• Neeraj Chaudhary appointed Additional Director (Executive) on 31-Jul-2026; to be WTD.
• Nine board meetings held in FY2025-26.
• Mohit Sharma resigned from NRC; Ankit Tayal joined NRC on 27-Aug-2025.
• Statutory Auditor: VSSA & Associates; Secretarial Auditor: Jain P & Associates.
• AGM via VC/OAVM; cut-off date 3-Sep-2026; e-voting 7-9-Sep-2026.

Dividend & liquidity

• Net cash from operations Rs -6.08 Lakh.
• Net cash from financing Rs 5.46 Lakh; closing cash Rs 0.17 Lakh.
• Going concern is acknowledged due to negative net worth.

Operations & risk

• Single operating segment; revenue from operations Rs 10.25 Lakh.
• Trade receivables aged Rs 141.64 Lakh; all outstanding.

AGM details & disclosures

• 33rd AGM on 10 Sep 2026 via VC/OAVM.
• Cut-off date 3 Sep 2026; remote e-voting 7-9 Sep 2026.
• Listed on BSE; NSDL e-voting; Scrutinizer appointed.

Director designation and tenure

• Change: Neeraj Chaudhary becomes Whole-time Director; previously Executive Additional Director.
• Term: five years from 11 Aug 2026 to 10 Aug 2031.
• Subject to Members' approval at the 33rd AGM.
• Continues as Additional Director until the ensuing AGM or earlier date.
• Remuneration terms to be approved; to be disclosed in AGM Notice.

Valuation and preferential issue approvals

• Valuation dated 11 Aug 2026: fair value ₹9.14 per equity share.
• Relevant date for pricing: 11 Aug 2026.
• Equity preferential issue: up to 34,00,000 shares at ₹10 each.
• Warrant preferential issue: up to 1,15,87,750 Fully Convertible Warrants at ₹10 each.
• Issue price, relevant date, and pricing basis confirmed; subject to approvals.
• Private placement approval documents PAS-4/PAS-5 prepared; filing authorized.
• Post-issue shareholding: promoters 61.43%, public 38.57%.
• No change in control anticipated.
• Payment terms: 25% on subscription; 75% on exercise.
• Conversion window: 18 months from allotment.
• Conversion ratio: 1:1; conversion price ₹10.
• Annexures contain investor disclosures and details.

33rd AGM notice and related resolutions

• Notice approved for 33rd AGM; date 10 Sep 2026, 1:00 PM via VC.
• Board approved Board Report for year ended 31 Mar 2026.
• Cut-off date for e-voting: 3 Sep 2026.
• E-voting window: 7–9 Sep 2026.
• Scrutinizer appointment: M/s Jain P & Associates.
• AGM will consider WTD appointment, authorised capital increase, and preferential issues.

Meeting Details

• Board meeting on 31 July 2026 at 3:00 PM at Vishwas Nagar, Shahdara, East Delhi.

Key Agenda Items

• Appointment of Mr. Neeraj Chaudhary as Additional Executive Director, effective from the meeting.
• Increase in Authorised Share Capital and alteration of Clause V, subject to AGM approval.
• Proposal for raising funds via preferential issue of Equity Shares, subject to approvals.
• Proposal for issuance of Convertible Warrants on a preferential basis, subject to approvals.
• Appointment of Registered Valuer for valuation of equity shares and warrants for proposed issue.
• Opening of a separate bank account for application money towards the proposed issue.

Other Notes

• Actions subject to shareholders' and regulatory approvals as applicable.

Dematerialisation/rematerialisation status

• Certificate from registrar and transfer agent for reporting period.