Welterman International Ltd

Welterman International Ltd - Closure of Trading Window from 1 October 2026 until 48 hours after the declaration of unaudited financial results for the quarter ending 30 September 2026

AGM & resolutions

• 34th AGM on 30 September 2026 at 11:30 IST via VC/OAVM.
• Ordinary business: adopt standalone statements for year ended 31 March 2026.
• Ordinary business: reappoint Huma Madani as Director by rotation.
• Special business: appoint Shruti Gupta as Independent Director for five years.
• Cut-off for remote e-voting: 23 September 2026; voting 27-29 September 2026.
• Proxies not allowed; voting via VC/OAVM; representatives may vote.

Financial performance

• Total Income: Rs 20.34 Lakhs in FY2025-26, vs Rs 20.41 Lakhs prior year.
• Net loss after tax: Rs 49.90 Lakhs in FY2025-26.
• Dividend not recommended due to accumulated losses.
• Share capital unchanged at Rs 4.4413 Crore.
• Earnings per share: Rs -1.12 (basic & diluted).
• No subsidiaries; no IEPF transfer; CSR not applicable.

Capital & liquidity

• Equity capital: 44,41,300 shares of Rs 10; paid-up Rs 4.4413 Crore.
• Borrowings: Rs 670.35 Lakh; no short-term borrowings.
• Closing cash and cash equivalents: Rs 16.28 Lakhs.
• Net cash from operating activities: Rs 0.48 Lakhs.
• Trade payables: Rs 434.55 Lakhs; Other financial liabilities Rs 119.18 Lakhs.

Governance & board changes

• Mr. Pradeep Ramjivan Goyal resigned as Independent Director on 18 July 2025.
• Mr. Sudeep Saxena appointed Independent Director w.e.f 25 July 2025.
• Mr. Leeladhar Kotian ceased Independent Director on 12 February 2026.
• Ms. Shruti Gupta appointed Additional Director and Independent Director from 31 March 2026.
• Ms. Poonam Khetle appointed CFO from 31 March 2026.
• Ms. Huma Madani to seek reappointment at the AGM.

Related party disclosures

• Remuneration to KMP FY2025-26: Rs 7.83 Lakhs.
• Closing balances with related parties: Sara Suole Pvt Ltd Rs 670.35 Lakhs;
• Blue Deebaj FZCO Rs 321.54 Lakhs; Blue Deebaj FZCO (MS) Rs 110.09 Lakhs.
• Outstanding related-party payable: USD 461,710.60 (INR 34,355,109.43) >3 years; FEMA evaluation ongoing.

Audit & internal controls

• Statutory auditors: PSCA & Co.; Secretarial auditors: Devesh Pathak & Associates.
• Emphasis of Matter: related-party payable outstanding; FEMA implications being evaluated; no provision yet.
• Internal controls: adequate; internal audit by Jwalant Shah & Co.
• No material qualifications noted in audit reports.

MD&A & outlook

• The company operates a single segment with no commercial operations in the year.
• Outlook focuses on sustenance, trading and strengthening marketing activities.
• Risks include stiff competition, rising input costs, and inflation.

AGM Details

• The 34th AGM will be held on 30 September 2026 at 11:30 a.m. IST via VC/OAVM.

Book closure details

• Book closure period: 24 Sep 2026 to 30 Sep 2026, both days inclusive.
• Purpose: For the 34th Annual General Meeting.
• AGM date: 30 September 2026 at 11:30 IST via VC/OAVM.
• Security: Equity shares (Scrip code 526431).

AGM Details

• 34th AGM on 30 September 2026 at 11:30 IST.
• Mode: Video Conferencing / Other Audio-Visual Means.

Book Closure and E-voting

• Book closure from 24 September to 30 September 2026 (inclusive).
• E-voting cut-off on 23 September 2026.
• Remote e-voting window 27 September 2026 09:00 IST to 29 September 2026 17:00 IST.

AGM actions

• 34th AGM to be held on 30 September 2026 at 11:30 IST via VC/OAVM.
• Register of Members and Share Transfer Books closed 24–30 September 2026 for AGM.
• Mr. Devesh Pathak appointed Scrutinizer for e-voting and AGM voting.
• Notice of AGM and Board's Report for FY 2025-26 approved.

Meeting Details

• Board meeting on Tuesday, 25 August 2026; time and venue not disclosed.

Key Agenda Items

• Fix day, time and date of 34th AGM for FY 2025-26.
• Fix closure date of Register of Members and transfer books.
• Appoint Scrutinizer for the 34th AGM.
• Approve Notice of AGM and Draft Board Report for FY 2025-26.

Other Notes

• Trading window closure periods not specified.