Addi Industries has scheduled its 44th Annual General Meeting for September 30, 2026. The meeting will commence at 9:30 am through video conferencing or other audio-visual means. The deemed venue is the company’s registered office in New Delhi.

The Board of Directors issued the notice on September 8, 2026, alongside the Integrated Annual Report for FY26. In compliance with SEBI Listing Regulations, the documents are being sent electronically to members with registered email addresses. Shareholders without registered emails have been informed via letter to access the materials via the company website.

Meeting Details

The AGM will be conducted virtually to ensure wider participation. Members holding shares in dematerialised form are advised to register their email addresses with their respective Depository Participants. Physical shareholders may register with the Registrar to an Issue and Share Transfer Agent, Beetal Financial & Computer Services (P) Limited.

Key Agenda Items

The notice outlines several ordinary and special resolutions for shareholder approval:

• Statutory Auditor Appointment: Appointment of M/s Shilpi Sharma & Co as statutory auditors for five years, filling a casual vacancy caused by the resignation of M/s B.R. Gupta & Co.
• Borrowing Powers: Approval under Section 180(1)(c) for borrowing up to ₹150 crore, notwithstanding that the total borrowings may exceed paid-up capital and free reserves.
• Loans and Guarantees: Approval under Section 185 to advance loans or provide guarantees to subsidiaries or group entities up to ₹100 crore.
• Investments and Securities: Approval under Section 186 to give loans, guarantees, or make investments up to ₹150 crore.
• Director Re-appointment: Re-appointment of Mr. Rajat Goyal as a Non-Executive Director retiring by rotation.
• Secretarial Auditor: Appointment of M/s Rawal & Co as secretarial auditors for five years.

E-Voting Process

Shareholders holding shares as on the cut-off date of September 23, 2026, are eligible to vote. The remote e-voting period commences on September 27, 2026, at 9:00 am and ends on September 29, 2026, at 5:00 pm. Voting will be conducted through the CDSL e-voting system at www.evotingindia.com .

Rawal & Co has been appointed as the scrutinizer for the e-voting process. The results will be declared within two working days from the conclusion of the AGM. Members who have cast their votes via remote e-voting may attend the meeting but cannot vote again.

Document Access

The Integrated Annual Report for FY26 is available on the company’s website. Members who prefer a physical copy can request it by writing to the designated email address, quoting their Folio Number or DP ID and Client ID. The company has provided a QR code in the communication for quick digital access to the report.

Addi Industries reported a consolidated net profit of ₹90.31 lakh for the quarter ended June 30, 2026, marking an 8% year-on-year increase from ₹83.96 lakh in Q1FY26. Standalone net profit rose to ₹86.45 lakh from ₹80.33 lakh in the corresponding prior period. Despite the profit growth, the company recorded nil revenue from operations, indicating that earnings were derived exclusively from non-operational sources. The Board of Directors highlighted a material uncertainty regarding the company’s ability to continue as a going concern, noting that while it is exploring new business ventures, none have been implemented yet.

The financial results were approved by the Board on August 01, 2026, and reviewed by the statutory auditors. In compliance with Regulation 47 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015, the unaudited standalone and consolidated results were published in Financial Express and Jansatta on August 02, 2026. The filing also disclosed that the accounts have been prepared on a going concern basis due to significant cash and bank balances, positive net worth, and no borrowings.

Financial Performance

The company’s total income stood at ₹646.56 lakh (consolidated), comprising entirely of other income at ₹134.49 lakh, as revenue from operations was nil. Total expenses decreased significantly to ₹536.68 lakh from ₹743.98 lakh in FY26, primarily due to lower employee benefits and other expenses. However, purchases of stock in trade accounted for ₹508.21 lakh of the consolidated expenses.

Standalone profit before tax was ₹106.02 lakh, compared to ₹106.00 lakh in Q1FY26. Tax expenses totaled ₹19.57 lakh (standalone) and ₹19.57 lakh (consolidated). Earnings per share (basic) were ₹0.80 for both standalone and consolidated figures, up from ₹0.74 in the previous year’s quarter.

What the Numbers Show

The divergence between nil operational revenue and positive net profit underscores the company’s current reliance on non-operating income streams. While consolidated total income appears higher at ₹646.56 lakh due to the inclusion of stock-in-trade purchases in the expense structure, the core operational activity remains dormant. The significant reduction in total expenses from the previous fiscal year suggests cost containment measures are effective, but the lack of revenue generation poses a strategic risk. The Board’s disclosure of material uncertainty reinforces the transitional nature of the business, which is currently preserving cash reserves while seeking new ventures.