Twin Roses Trades & Agencies Ltd

AGM Details

• 41st AGM held Sep 30, 2026 from 11:45 am to 12:45 pm at registered office, Mumbai.
• Mode: physical meeting.
• Remote e-voting from Sep 26 to Sep 29, 2026.
• Attendance: 12 members; quorum present.
• Scrutinizer for e-voting: Devesh C Vasavada; e-voting via KFintech.

Resolutions

• Ordinary Resolution: Consider adoption of audited financial statements and reports for year ended March 31, 2026.
• Ordinary Resolution: Re-appointment of Shri Udaykumar C Damani, retiring by rotation.

Voting results

• All resolutions passed with requisite majority; results to be intimated to stock exchange.

Director changes

• Director re-appointment: Shri Udaykumar C Damani, retiring by rotation.

Governance notes

• E-voting facility provided; results to be displayed on notice board and company website.

Twin Roses Trades & Agencies Limited: Trading window closed from October 1, 2026 till the expiry of 48 hours after declaration of the Unaudited Financial Results for the quarter ended September 30, 2026; The Trading window shall open after 48 hours of declaration of the said results.

Book closure for AGM

• Book closure: Sep 18, 2026 to Sep 21, 2026 (inclusive) for the AGM.
• Purpose: for the 41st Annual General Meeting.
• Event date: AGM scheduled on Sep 30, 2026.

E-voting cut-off

• Cut-off date Sep 23, 2026 to identify shareholders (physical/demat) eligible for e-voting at AGM Sep 30, 2026.

Financial performance

• Revenue/income Rs 19.68 lakh for year ended 31 Mar 2026.
• Total expenses Rs 20.16 lakh; loss before tax Rs -0.48 lakh.
• Tax expense Rs 4.97 lakh; net loss Rs -5.44 lakh.
• EPS: Basic and Diluted Rs -0.24.
• Revenue declined from Rs 21.06 lakh prior year.
• Dividend not recommended for the year.

Balance sheet & liquidity

• Total assets Rs 296.02 lakh; equity Rs 281.90 lakh; liabilities Rs 14.12 lakh.
• Cash and cash equivalents Rs 5.52 lakh; other financial assets Rs 287.49 lakh.
• Net debt Rs -287.62 lakh; net gearing -1.02x.
• No borrowings; current ratio 20.76x.

Capital structure & ownership

• Equity share capital Rs 224.10 lakh; other equity Rs 57.80 lakh.
• Major shareholder Alakh Traders Private Limited holds 18.85% (4,22,500 shares).
• No dividend declared; reserves unchanged.

Governance & audit

• Statutory auditors: M/s N. J. Karia & Associates; unqualified report.
• Secretarial auditor: Ms. Rakhi Jethlia; no qualifications.
• Board meetings: Seven held in the year.
• Directors rotation: Damani; Board recommends re-appointment.
• Corporate governance exemption; thresholds not triggered.

Operations, controls & risk

• Business: trading of general commodities; no employees.
• Robust internal controls; audits; risk management framework in place.
• Management believes going concern; no material commitments noted.

Cash flows & capital deployment

• Cash flow from operating activities Rs -16.81 lakh.
• Cash flow from investing activities Rs 19.68 lakh; financing nil.
• Net cash increase Rs 2.87 lakh; closing cash Rs 5.52 lakh.

AGM & shareholder communications

• 41st AGM scheduled Sept 30, 2026 at 11:45 AM.
• Remote e-voting Sept 26-29, 2026; cut-off Sept 23, 2026.
• Annual report available on website and stock exchange portals.

AGM Details

• 41st AGM on Sep 30, 2026 at 11:45 a.m. at the registered office.
• Remote e-voting facility provided; Insta Poll available at meeting.
• Remote voting window: 09:00 on Sep 26, 2026 to 17:00 on Sep 29, 2026.
• Voting cut-off date: Sep 23, 2026.
• Register of Members and Transfer Books closed Sep 18–21, 2026.
• Notice and Annual Report available on the company website.

Key Resolutions

• Adopt audited financial statements for the year ended March 31, 2026.
• Appoint Shri Udaykumar C. Damani, retiring by rotation, as Director.

Voting Status

• Outcomes to be declared after e-voting; subject to requisite votes.
• No voting results disclosed in this filing.

Dividend

• Dividend not recommended by the Board for the year.

Directors

• Director to be re-appointed; remuneration last drawn Nil.

Auditors

• Statutory auditors: M/s N J Karia & Associates; no change.
• Auditors' remuneration for the year: Rs 0.30 lakh.
• Secretarial Auditor: Rakhi Jethlia; report without qualifications.

Related Party Transactions

• Related party transactions with Key Managerial Personnel total Rs 14.66 lakh.
• No related party transactions with promoter/promoter group.

Other Material Approvals

• CSR not applicable; company exempt from Corporate Governance.

Financials

• Revenue from operations: 0.00 Lakh in Q1 FY27 (Unaudited).
• Total income: 4.35 Lakh for the quarter (Unaudited).
• Total expenses: 5.83 Lakh; emoluments 4.71 Lakh included.
• Profit before tax: loss of 1.48 Lakh.
• Current tax: 1.12 Lakh; deferred tax: 0.00.
• Profit after tax: loss of 2.60 Lakh.
• Basic EPS: -0.12; Diluted EPS: -0.12.
• Board approved results at Aug 13, 2026; Limited Review performed.
• No reportable segment under Ind AS-108.

Audit & Governance

• Independent auditor's review conducted on the quarter ended 30.06.2026.
• Limited Review Report by N. J. Karia & Associates submitted.
• Audit comments: no material misstatement detected.

Meeting Details

• Date: August 13, 2026; time and venue not disclosed.

Key Agenda Items

• Consider and approve unaudited quarterly results for the quarter ended June 30, 2026.

Other Notes

• Trading Window Close Period from July 1, 2026 to 48 hours after results on August 13, 2026.

Financial Performance 📊

• Total income was ₹4.77 lakh in Q3 FY2026, up from ₹1.41 lakh in Q3 FY2025.
• Revenue from operations was nil for the quarter and nine months ended Dec 31, 2025.
• Other income was ₹4.77 lakh in Q3 FY2026 versus ₹5.41 lakh in Q3 FY2025.
• Employee benefits expense rose to ₹3.21 lakh in Q3 FY2026 from ₹2.63 lakh in Q3 FY2025.
• Total expenses were ₹4.36 lakh in Q3 FY2026 versus ₹4.25 lakh in Q3 FY2025.
• Profit before tax declined to ₹0.41 lakh in Q3 FY2026 from ₹1.16 lakh in Q3 FY2025.
• Net loss after tax was ₹0.79 lakh in Q3 FY2026 versus ₹0.19 lakh loss in Q3 FY2025.
• Earnings per share (basic and diluted) were negative ₹0.04 in Q3 FY2026 versus negative ₹0.01 in Q3 FY2025.

Corporate & Governance 🗓️

• Board approved results on February 10, 2026.
• Limited review by auditors concluded with no material misstatements identified.

Company Profile 🏢

• Operates under Twin Roses Trades & Agencies Limited with paid-up equity capital of ₹224.10 lakh.