Tulasee Bio Ethanol Ltd

Secretarial Auditor Appointment

• Type of change: Appointment of Secretarial Auditor.
• Appointee: M/s Sandeep P. Parekh & Co., Practising Company Secretaries.
• Effective date and term: Approved 10 Sep 2026 for five-year term FY 2026-27 to FY 2030-31.
• Reason: Appointment as Secretarial Auditor.
• Brief profile: Firm provides corporate/securities laws, secretarial audit, compliance services.
• Relationships with directors: Not Applicable.
• Approval: Members approved on 10 September 2026.

AGM details

• Date: 10 September 2026; Time: 12:30 IST; Mode: Video Conferencing.
• AGM concluded at 13:15 IST after 15 minutes for e-voting.

Voting and scrutinizer

• Combined remote e-voting and AGM voting conducted; results compiled.
• Scrutinizer report dated 10 September 2026 submitted.
• Results to be available on BSE and NSDL websites.

AGM Details

• AGM conducted via VC/OAVM; no physical attendance.
• Meeting duration was brief with a 15-minute e-voting window.
• Quorum established through video conference with promoter and public attendees.
• Remote e-voting period announced prior to AGM; Scrutinizer appointed for vote tally.

Key Resolutions

• Adopt financial statements for the year with Directors' and Auditors' reports — Ordinary.
• Reappoint a director by rotation — Ordinary.
• Approve appointment of Secretarial Auditor — Ordinary.

Voting Results

• All resolutions passed with requisite majority.

Director Changes

• Director reappointment by rotation approved.

Auditor Appointments

• Secretarial Auditor appointment approved.

Book closure & AGM details

• Book closure: 3 September 2026 to 12 September 2026, inclusive
• Purpose: Annual General Meeting
• Record date/cut-off: 3 September 2026 for e-voting eligibility
• AGM date: 10 September 2026 at 12:30 PM via VC/OAVM
• E-voting period: 7 September 2026 to 9 September 2026

Financial snapshot

• Profit before tax: (₹1,794,223) in FY2025-26.
• EPS (basic/diluted): (₹0.30) for FY2025-26.
• No dividend declared due to inadequate profits.
• Total income not disclosed; company remains inactive.

Balance sheet highlights

• Total assets: ₹8.42 crore.
• Total equity: ₹0.5185 crore.
• Non-current borrowings: ₹7.57 crore.
• Inventories: ₹0.21 crore.
• Cash and cash equivalents: ₹0.0085 crore.
• Equity share capital: ₹5.893 crore.
• Securities premium: ₹0.15 crore; Retained earnings: negative ₹5.469 crore.
• Trade payables: ₹0.247 crore; Other current liabilities: ₹0.084 crore.

Cash flow highlights

• Net cash from operating activities: ₹13,340.
• Net cash from financing activities: ₹5,000.
• Closing cash and cash equivalents: ₹85,446.

Governance & audits

• Secretarial Auditor: M/s Sandeep P Parekh & Co for 2026-31.
• Statutory Auditor: A.C. Jhaveri & Associates; 5-year tenure through 2027.
• Internal audit not appointed due to inactivity.
• Board: 1 MD, 1 Non-Executive Women Director, 2 Independent Directors.

Shareholding & equity

• Issued and paid-up equity: 58,93,100 shares of ₹10.
• ISIN: INE276N01011; LIIPL and NSDL depository services.
• No sweat equity, buybacks, or bonuses.
• Voting right: one vote per share.
• Historically in physical form; depository services now in place.

Outlook & operations

• Company presently inactive; no operations during the year.
• MD&A signals restart strategy and capital reallocation.

AGM & disclosures

• 38th AGM on 10 Sep 2026 via VC/OAVM.
• Remote e-voting window: 7-9 Sep 2026; votes during AGM.
• Register of Members closed 3-12 Sep 2026.
• Notice and Annual Report available on company website.

AGM Details

• 38th AGM on 10 September 2026 at 12:30 p.m. via VC/OAVM.
• Deemed venue: registered office; meeting conducted through VC/OAVM.
• Register of Members and share transfer books closed 3–12 September 2026 (inclusive).
• Remote e-voting window: 7–9 September 2026; voting during the AGM.
• Cut-off date for eligibility: 3 September 2026.

Resolutions proposed

• Ordinary Resolution: adopt financial statements for year ended 31 March 2026.
• Ordinary Resolution: reappoint Kritika Nagpal Lalit by rotation.
• Ordinary Resolution: appoint M/s Sandeep P Parekh & Co as Secretarial Auditor for five years (2026–31).

Auditors

• Statutory Auditor: A. C. Jhaveri & Associates appointed through 2027; not up for AGM ratification.
• Remuneration for Secretarial Auditor proposed: Rs 50,000 for 2026–27 plus taxes and out-of-pocket expenses.

Secretarial Auditor terms

• Secretarial Auditor term: five consecutive financial years (2026–31).

Director Details

• Director re-appointment: Kritika Nagpal Lalit by rotation; non-executive woman director; last drawn remuneration NIL.

Financial highlights

• Board approved unaudited results on 07 Aug 2026.
• Net loss (Ind AS) ₹6.42 lakh in quarter ended 30 Jun 2026.
• Net loss under GAAP ₹6.42 lakh for the same period.
• Net cash from operating activities: (₹12,458).
• Total assets ₹842.79 lakh; cash and cash equivalents ₹230.80 lakh.
• Equity attributable to owners ₹583.78 lakh.

Audit status

• Limited review by A. C. Jhaveri & Associates; not an audit.

Financial results and statements

• Unaudited standalone quarterly results for the quarter ended 30 June 2026 approved.
• Net loss after tax for the quarter ended 30 June 2026: ₹6.42 lakh.

Statements and auditor report

• Unaudited standalone balance sheet as at 30 June 2026 approved; comparatives at 31 March 2026.
• Limited review report by A. C. Jhaveri and Associates; no material misstatement observed.