Vaxfab Enterprises Ltd

AGM Details

• AGM held on 29 September 2026 at 12:00 PM, physical venue in Ahmedabad.

Filing context

• Subject: Submission of Voting Results under Regulation 44 of LODR.

Voting results

• Voting results submitted; Scrutinizer's report dated 30 September 2026.

Publication

• Results to be hosted on the company website.

Signatory

• MD Ravindra Joshi digitally signed the filing.

AGM details

• AGM held on 29 September 2026 at 12:00 P.M. in physical mode.
• Remote e-voting from 26 Sept 2026 9:00 A.M. to 28 Sept 2026 5:00 P.M.
• Meeting held at Office 304, 305, Scarlet Gateway, Ahmedabad, Gujarat.

Resolutions and status

• Adopt Audited financial statements and reports for FY ended March 31, 2026; outcome pending.
• Reappoint Ravindra Joshi as Managing Director, retiring by rotation; outcome pending.
• Appoint Chandabhoy & Jassoobhoy as Statutory Auditor; outcome pending.
• Increase authorised share capital and alter MOA capital clause; outcome pending.

Vaxfab Enterprises Limited: Trading window closed from October 01, 2026 till the completion of 48 hours after the declaration of the Unaudited Financial Results of the Company for the quarter ended September 30, 2026.

Meeting Details

• Date and venue: October 01, 2026 at the registered office.

Key Agenda Items

• Fund raising via equity shares/convertibles and other securities through multiple modes.
• Any other business matter with the Chair's permission.

Other Notes

• Trading window closed from 25 September 2026 until 48 hours after Board Meeting.

Financials (Standalone)

• Revenue from operations: Rs 9,410.75 lakh.
• Total revenue: Rs 9,959.59 lakh.
• Profit before tax: Rs 517.47 lakh.
• Profit after tax: Rs 363.80 lakh.
• EPS (basic/diluted): Rs 4.33.
• Dividend not recommended for year.

Capital & equity actions

• Authorized capital increased to Rs 50 crore; equity 4,97,00,000 shares.
• Paid-up capital: Rs 19.60 crore.
• Convertible warrants issued: 2,04,04,372 warrants at Rs 21.02 each.
• Equity shares allotted: 1,12,08,938 at Rs 21.02 per share.

Share premium & equity movements

• Share premium reserve: Rs 1,949.22 lakh.
• Premium accommodated on warrant-based share issuance noted in equity movements.
• Share application money pending allotment: Rs 767.96 lakh.

Governance & audit

• Statutory auditors appointed: Chandabhoy & Jassoobhoy; SSRV resigned.
• Internal auditor: M/s. V. K. Nagar & Associates.
• Secretarial auditor: M/s. A. Shubhangi & Associates; website update in progress.
• Independent Directors familiarization program completed; board evaluation conducted.

Audit flags & control environment

• Auditors issued disclaimer of opinion on standalone and consolidated financials.
• Material weaknesses in internal controls identified; unsecured loans with no interest and missing loan agreements.
• Secretarial disclosures indicate website not maintained during the year.

Subsidiaries & related parties

• Subsidiaries: Eklingji Tradelink Pvt Ltd; Satvat Agro LLP.
• Associate: Aarsha International Limited.
• Related party investments: Eklingji Rs 1,470 lakh; Satvat Rs 1,100 lakh; Aarsha Rs 150 lakh.

AGM & corporate actions

• 43rd AGM on 29 September 2026 at registered office.
• Ordinary and special business items listed; resolutions include capitalization changes.
• Remote e-voting: 26-28 September 2026; record date (cut-off) 22 September 2026.

Risks & industry context

• Textile sector remains cautiously optimistic; automation and sustainability emphasized.
• Risks: raw material volatility, FX fluctuations, labour costs, and regulatory compliance.
• Contingent tax liabilities: Rs 33.85 lakh; ongoing assessments disclosed.

Key Decisions

• Draft Directors' Report for FY ended 31 March 2026 approved.
• Increased Authorized Share Capital to Rs 50 crore, comprising 4,97,00,000 equity shares and 3,00,000 preference shares.
• 43rd AGM scheduled for 29 September 2026 at 12:00 PM at the registered office.
• Scrutinizer appointed for AGM: Mrs. Shubhangi Rajkumar Agarwal.
• Remote e-voting facility for AGM; period 26–28 September 2026.
• E-voting eligibility cut-off date: 22 September 2026.
• Ballot paper voting permitted at AGM.

Target overview

• Al Rafa Enterprise FZ-LLC is a wholly owned UAE subsidiary of Vaxfab.
• Industry scope includes seeds trading, packaging materials, plastics, IT consulting, and general trading.
• Incorporated in UAE; Ras Al Khaimah Free Zone license.
• Date of incorporation: August 6, 2026.
• Turnover: not disclosed; operations not yet commenced.

Transaction details

• Shareholding acquired: 100% of Al Rafa Enterprise FZ-LLC.
• Consideration: cash; initial capital AED 1,000 per share.
• Regulatory approvals: not applicable.
• Completion timeline: not applicable.

Meeting Details

• Meeting date: August 14, 2026; time and venue not disclosed.

Key Agenda Items

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

Other Notes

• Trading window closed from July 1, 2026 until 48 hours after the unaudited results submission.