VSF Projects Ltd

AGM Details

• 34th AGM held on 30 September 2026 at 3:00 PM at the registered office.
• Remote e-voting facility provided; e-voting period 27-29 September 2026.
• Ballot papers distributed; voting conducted at AGM.
• Mohit Gurjar appointed Scrutinizer for e-voting.
• AGM lasted from 3:00 PM to 3:45 PM.

Resolutions

• Ordinary resolution to adopt Audited financials for the year ended 31 March 2026.
• Ordinary resolution to reappoint Vijaya Lakshmi Bobba, retiring by rotation.
• Special resolution to reappoint Ramesh Babu Nemani as Non-Executive Independent Director for second term.
• Special resolution to reappoint Sriramshetty Srinivasa Rao as Non-Executive Independent Director for second term.

Voting / Results

• Results to be announced after scrutiny; report due within two working days.
• Stock exchanges and company website to upload final results.

Directors

• Vijaya Lakshmi Bobba reappointed; Ramesh Babu Nemani and Sriramshetty Srinivasa Rao reappointed.

VSF Projects Limited: Trading window closure from 1 October 2026 until 48 hours after declaration of unaudited results for the quarter and half year ended 30 September 2026

LOA details

• LOA granted for Siddhartha Logistics FTWZ Private Limited to set up a unit in VSF's FTWZ.
• Form-G LOA No. 26(D)/192/2026-27/SSSEZ/VSEZ issued 23 September 2026.
• Operations include bonded warehousing, sea freight, CHA services, warehousing, logistics, transportation, and business support.
• Company to lease FTWZ space to Siddhartha Logistics; revenue linked to ICD containers used.
• Aerospace/defense cargo storage enabled; first-mover advantage as only FTWZ allowed for such cargos.
• LOA validity 23 Sept 2026 to 22 Sept 2027; post-commencement, five-year term.
• Extension possible at Development Commissioner’s discretion.

Board approvals and results

• Board approved unaudited Q1 FY2026 results for quarter ended 30 Jun 2026; Limited Review Report noted.
• Reappointment of independent directors Nemani and Rao for second five-year terms, 15 Nov 2026 to 14 Nov 2031.
• Terms subject to Members' approval via Special Resolution at the 34th AGM.
• Director's Report for year ended 31 Mar 2026 approved.
• Notice convening the 34th AGM approved.
• Quarter ended 30 Jun 2026: total income 9.82 lakh; net loss after tax -6.49.
• Year ended 31 Mar 2026: total income 63.64 lakh; net loss -43.22.
• Basic and diluted EPS for quarter: -0.04; annual: -0.26.
• Company reports single operating segment per Ind AS 108; no reportable segments.
• Auditors: VDP & Co., Chartered Accountants; review notes no material misstatement.

Meeting Details

• Board meeting on 10 August 2026 at the Corporate Office, 1018, 9th Floor, Vasavi MPM Grand, Ameerpet, Hyderabad.

Key Agenda Items

• To consider and approve the unaudited financial results for the quarter ended June 30, 2026.

Other Notes

• Trading window opens from 13 August 2026 after declaration of results.

Purpose and outcome

• Purpose: approve special business items via postal ballot and remote e-voting.
• Voting window: 16 June 2026 to 15 July 2026.
• Resolutions passed with requisite majority on 15 July 2026.
• Scrutinizer's Report dated 17 July 2026 filed.

Financial Results Approved

• Board approved unaudited standalone financial results for quarter and nine months ended 31 Dec 2025
• Total income for nine months ended 31 Dec 2025 was INR 52.72 lakh
• Loss before tax for nine months ended 31 Dec 2025 was INR 28.35 lakh
• Basic and diluted EPS for quarter ended 31 Dec 2025 was negative INR 0.13 per share

Audit and Review

• Limited review report for unaudited results for quarter ended 31 Dec 2025 was noted by the board
• Predecessor auditors expressed unmodified review conclusion for quarter ended 31 Dec 2025
• Independent auditor found no material misstatement in unaudited financial results