Vruddhi Engineering Works Ltd

Vruddhi Engineering Works Ltd – Closure of Trading Window from October 01, 2026 till completion of 48 hours after the declaration of the Financial Results of the Company for the Half Year ending on September 30, 2026

AGM details

• Date: 30 September 2026; time 12:00 IST; physical meeting at registered office.
• Duration: 12:00 to 12:20; venue: registered office.

Key resolutions

• Adoption of Audited Standalone Financial Statements for year ended 31 March 2026.
• Re-appointment of Mrs. Bindi Kunal Mehta, retires by rotation.

Voting status

• Outcomes not declared; results to be disclosed separately.

Financial highlights

• Revenue from operations: ₹4,300.37 Lakhs for year ended 31 March 2026.
• Total income: ₹4,311.53 Lakhs.
• Profit before tax: ₹416.33 Lakhs.
• Profit after tax: ₹307.77 Lakhs.
• EPS: ₹12.20 (basic & diluted).
• Dividend not declared for 2025-26.

Business and operations

• Engaged in trading couplers, threading, crimping services.
• Expanded GroutFit Couplers and precast accessories portfolio.
• Supplied GroutFit Couplers to Suraksha Smart City.
• Supplied Sonic Tubes and Rebar Couplers to metro projects.
• BIS certification for GroutFit Couplers.
• Roadmap: scale up production, invest in R&D, national expansion.

Dividend & capital allocation

• Dividend not declared; no buyback in last five years.

Governance & leadership

• CFO Anushri Gurav resigned July 9, 2025.
• Vedant Mehta appointed CFO September 6, 2025.
• Bindi Mehta re-appointed Managing Director.
• Varsha Mehta re-appointed Whole-time Director.
• Vedant Mehta re-appointed Whole-time Director.

Audit & internal controls

• Statutory Auditor Maheshwari & Co. reported no qualifications.
• Secretarial Auditor noted delay in CFO resignation intimation.
• Internal financial controls are adequate and operating effectively.
• Independent Directors have provided independence declarations.

Related party transactions

• All related party transactions on arm's length basis.
• MD loan received ₹5.00 Lakhs; repaid ₹2.32 Lakhs.
• Directors' remuneration: Bindi ₹16.80 L; Varsha ₹15.00 L; Vedant ₹10.86 L.
• Outstanding balances: Bindi ₹1.03 L; Vedant ₹2.15 L; Kangaroo Caps ₹0.40 L.

AGM & shareholder information

• AGM scheduled 30 September 2026 at 12:00 IST.
• Notice of AGM uploaded on company website; PAN rules for transfers.

Outlook and strategy

• Focus on advanced products; expand across India; invest in R&D.
• Strengthen partnerships with metro projects and government infra.

Dematerialisation status

• Regulation 74(5) not applicable as all shares are in demat form.
• No rematerialisation requests were received for the quarter ended 30 June 2026.
• Certification confirms the status described for the quarter.

Board Re-appointments

• Re-appointed Mrs. Bindi Kunal Mehta as Managing Director by special resolution with 100% votes in favor (60,500 votes).
• Re-appointed Mr. Vedant Mukesh Mehta as Whole-time Director by special resolution with 100% votes in favor (60,500 votes).
• Re-appointed Mrs. Varsha Mukesh Mehta as Whole-time Director by special resolution with 100% votes in favor (60,500 votes).

Voting Outcome

• All three resolutions were approved unanimously; no votes against, invalid, or abstained.

Impact on Shareholding and Governance

• No changes to shareholding, control, remuneration, or terms of appointment reported.

Board Appointments

• Re-appointed Mrs. Bindi Kunal Mehta as Managing Director (ordinary resolution).
• Re-appointed Mr. Vedant Mukesh Mehta as Whole-time Director (ordinary resolution).
• Re-appointed Mrs. Varsha Mukesh Mehta as Whole-time Director (ordinary resolution).

Meeting Details ️

• EGM held on 12th March 2026 at the registered office of Vruddhi Engineering Works Limited.

Voting Outcome

• All resolutions were voted by ballot papers; results to be disclosed separately.

Shareholding and Capital Structure

• No changes to shareholding, capital structure, or control reported.