Acme Resources has scheduled its 41st Annual General Meeting (AGM) for September 30, 2026. The meeting will be held via Video Conferencing or Other Audio Visual Means at 10:00 am.

The company notified shareholders of the event through newspaper publications on September 7, 2026, in compliance with SEBI Listing Regulations.

Agenda Items

The AGM will transact both ordinary and special business items. Ordinary business includes receiving and adopting the audited standalone and consolidated financial statements for FY26. These statements cover the balance sheet as at March 31, 2026, along with the statement of profit and loss and cash flow statement.

Shareholders will also vote on the appointment of M/s H.N. Pradhan & Co., Chartered Accountants, as Statutory Auditors for five financial years.

Special business items include appointing M/s Azharuddin & Associates, Company Secretaries, as Secretarial Auditors for five financial years. Additionally, the meeting seeks approval for Mr. Kuldeep Saluja to continue as a Non-Executive Director beyond the age of 75.

E-Voting Details

Remote e-voting will be available from September 27, 2026, at 9:00 am until September 29, 2026, at 5:00 pm. The cut-off date for eligibility is September 23, 2026. Shareholders holding shares on this date can cast votes via NSDL.

Mr. Amit Choraria, Practising Chartered Accountant, has been appointed as Scrutinizer for the voting process. Shareholders who vote remotely may attend the AGM but cannot vote again.

Acme Resources reported a standalone net loss of ₹223.96 lakh for the financial year ended March 31, 2026 (FY26), reversing a profit of ₹145.27 lakh in the previous year. On a consolidated basis, the company recorded a net profit of ₹142.80 lakh, down from ₹354.54 lakh in FY25.

Financial Performance

Standalone revenue from operations declined 27% to ₹581.73 lakh in FY26, compared to ₹794.01 lakh in FY25. Interest income, the primary revenue driver for the NBFC, fell to ₹464.73 lakh from ₹591.43 lakh. Sale of property revenue also dropped to ₹117 lakh from ₹202.58 lakh.

Total expenses on a standalone basis rose sharply to ₹933.17 lakh from ₹622.73 lakh. This increase was driven by higher other expenses, which reached ₹598.11 lakh, including a significant provision on advances against properties of ₹548.31 lakh. Impairment on financial instruments stood at ₹170.80 lakh.

On a consolidated basis, total income rose slightly to ₹1,153.76 lakh from ₹1,091.54 lakh, supported by a surge in other income to ₹247.04 lakh from just ₹0.63 lakh. However, total expenses increased to ₹930.26 lakh from ₹640.33 lakh, compressing profitability.

What the Numbers Show

The divergence between standalone and consolidated results highlights the group's reliance on subsidiary performance. While the parent company incurred a standalone loss due to rising provisions and lower interest income, the consolidated entity remained profitable. This indicates that subsidiaries, particularly Ojas Suppliers Limited, contributed significantly to offsetting the parent's operational losses. The sharp rise in standalone other expenses, dominated by property advance provisions, suggests specific asset quality challenges at the holding level that were not fully mirrored in the consolidated expense structure.

Balance Sheet and Governance

As of March 31, 2026, standalone total assets stood at ₹7,436.16 lakh, down from ₹7,911.36 lakh in the previous year. Cash and cash equivalents improved significantly to ₹152.45 lakh from ₹11.34 lakh. Borrowings decreased to ₹228.59 lakh from ₹337.89 lakh.

The Board did not recommend any dividend for FY26 due to the standalone loss. The company continues to operate as a non-deposit taking NBFC under the Reserve Bank of India's Scale-Based Regulation framework. Independent auditors H.N. Pradhan & Co. issued an unmodified opinion on the financial statements.