Virya Resources Ltd

AGM Details

• AGM held on 29 September 2026; resolutions deliberated.

Key Resolutions

• Adopt audited standalone and consolidated financial statements for FY ending 31 March 2026.
• Appoint Sukhdev Singh as director (re-appointment by rotation).
• Not to fill vacancy; Subbalakshmi retires and does not seek re-appointment.

Director Changes

• Sukhdev Singh to be re-appointed as director by rotation.
• Madhireddy Venkata Subbalakshmi retires; not re-appointed; vacancy not filled.

Voting Status

• Voting results pending; to be communicated separately.

AGM details

• AGM held on 29 Sep 2026 at 04:00 PM via VC/OAVM.
• Meeting concluded at 04:15 PM.
• E-voting facility opened; remote voting from 21 Sep to 28 Sep 2026.

Attendance and conduct

• Quorum achieved; 18 members attended via video conference.
• Notice of AGM and Auditors Report taken as read.
• Chairman chaired the meeting; live webcast streamed.

Voting arrangement

• e-voting results to be informed after Scrutinizer's report.

AGM Details

• AGM date/time: 29 Sep 2026, 2:00 PM IST.
• Mode: VC/OAVM per MCA/SEBI guidelines.
• Duration: concluded at 2:20 PM.
• Attendance: 34 members attended via VC.
• Quorum: requisite presence maintained throughout.
• E-voting window: 21 Sep 2026 09:00 to 28 Sep 2026 17:00.
• Scrutinizer: Ms. Putcha Sarada appointed.

Agenda and Resolutions

• Resolutions to be transacted are listed in AGM Notice.
• Not enumerated in the provided excerpt.

Voting and Results

• Results will be informed to stock exchange and placed on the company website.
• No shareholder queries were raised during the AGM.

Virya Resources Limited: Trading Window closed w.e.f. Wednesday, October 1, 2026 to till Forty-Eight (48) hours after the announcement/ declaration of Unaudited Financial Results of the Company for the quarter ended September 30, 2026, to the Stock Exchanges.

Financial highlights

• Standalone net loss after tax Rs 28.20 lakh; EPS -1.88.
• Consolidated total income Rs 0.01 lakh; net loss Rs 28.23 lakh; EPS -1.88.
• Dividend not recommended due to losses; no transfer to reserves.
• Equity share capital remains Rs 150 lakh; no change.
• Dematerialisation stands at 80.76% as of 31 March 2026.

Debt, liquidity & cash

• Current borrowings Rs 5.00 lakh; non-current borrowings Rs 73.69 lakh.
• Cash and cash equivalents Rs 0.63 lakh; other current assets Rs 37.47 lakh.
• Net current assets Rs 20.83 lakh; working capital positive.
• Auditors flag going concern risk in the consolidated accounts; management evaluating remedial measures.

Subsidiaries & related parties

• PT Virya Resources Indonesia is a subsidiary; part of group reporting.
• Investment in subsidiary Rs 210.21 lakh; loans to subsidiary Rs 573.40 lakh.
• Related party transactions disclosed; arm's length basis; entities include VR Integrated Project Management Pvt Ltd and VR Commodities Pvt Ltd.

Governance & controls

• Board comprises six directors; two independent.
• Company Secretary Bhaskar resigned 21 May 2026; replacement underway.
• Internal audit not appointed; Secretarial audit by Putcha Sarada.
• Corporate governance provisions not applicable; exemption certificate on record.

MD&A, risks & HR

• MD&A notes no material operating business; exploring commodity opportunities via Indonesia subsidiary.
• Employees: 6 as at 31 March 2026.
• Risks include commodity price volatility, FX movements, regulatory changes and counterparty risk.
• Outlook emphasizes prudent fund deployment and phased future activity.

AGM & notices

• 40th AGM on 29 September 2026; via VC/OAVM.
• Remote e-voting window: 21–28 September 2026.
• Cut-off date for voting: 18 September 2026.
• Book closure: 19–28 September 2026; shares to be in dematerialised form.

Auditor’s observations

• Consolidated audit notes going-concern doubt due to substantial losses; management evaluating remedial measures.
• Standalone audit report issued without material qualifications.

AGM notice and dates

• Notice of the 40th AGM scheduled for 29 September 2026 approved.
• Book closure set from 19 September to 28 September 2026.
• E-voting eligibility cut-off fixed at 18 September 2026.
• Ms. Putcha Sarda appointed AGM Scrutinizer.

Meeting Details

• Board to meet on 1 September 2026 at 2:00 PM at the Corporate Office.

Key Agenda Items

• Consider the Report of the Notice for the 40th AGM.
• Approve book closure for the 40th AGM.
• Approve cut-off date for eligibility for Remote E-voting and AGM.
• Appoint Scrutinizer for remote E-voting and AGM.
• Consider and approve other matter incidental thereto.

Financial results approved

• Un-Audited standalone and consolidated results for quarter ended 30 June 2026 approved.
• Audit Committee reviewed; Board approved on 13 August 2026.
• Limited Review Report noted and taken on record.
• Directors authorized to sign and file results with BSE.
• No investor complaints pending; none received in the quarter.
• No reportable segment; IND AS 108; segment information not required.
• Previous year/quarter figures regrouped and recast wherever necessary.

Auditor & compliance

• Independent Auditor's Review Report: no audit opinion issued.
• Limited Review Reports prepared under IND AS 34; filed with exchange.

Meeting Details

• Board meeting on 13 August 2026 at 2:00 PM at the Corporate Office.

Key Agenda Items

• Approval of standalone and consolidated unaudited financial results for quarter ended 30 June 2026.
• Approval of Limited Review report by statutory auditors for quarter ended 30 June 2026.
• Any other matter with the chair's permission.

Other Notes

• Trading window will remain closed until 48 hours after dissemination of results to the exchanges.