Agri-Tech (India) Limited has announced its audited financial results for the fourth quarter and financial year ended March 31, 2026, following the board meeting held on April 10, 2026. The company reported a net loss of ₹94.08 lakh for FY26, representing an improvement from the previous year's loss of ₹111.25 lakh.

Financial Performance Overview

The company's revenue from operations increased to ₹27.81 lakh in FY26 from ₹18.02 lakh in FY25, marking a growth of 54.33%. Despite the revenue improvement, the company continued to face operational challenges with total expenses of ₹139.29 lakh compared to ₹129.36 lakh in the previous year.

Quarterly Results

For the fourth quarter ended March 31, 2026, the company reported revenue of ₹7.94 lakh compared to ₹5.88 lakh in Q4FY25. The quarterly net loss stood at ₹26.75 lakh versus ₹25.89 lakh in the corresponding quarter of the previous year.

Balance Sheet Position

As of March 31, 2026, the company's total assets stood at ₹10,015.58 lakh compared to ₹10,195.21 lakh in the previous year. The company maintained an equity share capital of ₹594.00 lakh with reserves and surplus of ₹9,333.58 lakh.

Regulatory Compliance and Audit Matters

The financial results were reviewed by the Audit Committee on April 9, 2026, and approved by the Board of Directors on April 10, 2026. The company's auditors issued a qualified opinion regarding inter-corporate loans on which no interest has been charged, citing non-compliance with Section 186 of the Companies Act, 2013.

Business Operations

Agri-Tech (India) Limited operates primarily in the horticulture crops segment. The company reported no investor complaints during the quarter and maintained its focus on agricultural technology solutions. The board meeting commenced at 3:00 PM and concluded at 4:30 PM on April 10, 2026.

Agri-Tech (India) Limited has formally submitted the notice for its Extraordinary General Meeting (EGM) to BSE Limited and National Stock Exchange of India Limited on April 1, 2026. The EGM is scheduled for April 25, 2026, to address critical governance matters including regularization of independent directors and statutory auditor appointment.

Meeting Schedule and Venue Details

The company has confirmed comprehensive arrangements for the EGM, ensuring compliance with applicable regulations and facilitating shareholder participation through multiple channels.

Key Agenda Items for Shareholder Approval

The EGM will address three special business items, each requiring ordinary resolutions from shareholders. These matters involve significant changes to the company's board composition and audit arrangements.

Independent Director Regularization

Two independent directors require regularization following their initial appointments as additional directors by the Board of Directors.

Mr. Purkar brings foundational knowledge in agricultural sciences, agronomy, and crop production, while Mr. Deshpande contributes extensive operational management experience in seed processing, packaging, and storage operations.

Statutory Auditor Appointment

The company seeks shareholder approval to fill a casual vacancy in the statutory auditor position following the resignation of the previous auditors.

E-Voting and Participation Arrangements

The company has partnered with National Securities Depository Limited (NSDL) to provide comprehensive e-voting facilities, ensuring broad shareholder participation in the decision-making process.

Remote E-Voting Schedule:

• Commencement: April 22, 2026 at 9:00 a.m. (IST)
• Conclusion: April 24, 2026 at 5:00 p.m. (IST)
• Platform: NSDL e-voting system
• Eligibility: Based on shareholding as of April 17, 2026

Shareholders holding shares in demat mode with NSDL or CDSL can access the e-voting platform through their respective depository participant portals. Those holding physical shares can use the EVEN number followed by their folio number for authentication.

Regulatory Compliance and Oversight

The EGM notice complies with provisions of the Companies Act, 2013, and SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015. The company has appointed M/s. Neha P. Agrawal, Practicing Company Secretary (Membership No. 7350), as the scrutinizer to ensure fair and transparent voting processes.

All proposed resolutions require ordinary resolution approval from shareholders. The company has confirmed that none of the directors, key managerial personnel, or their relatives have any financial interest in the proposed resolutions, maintaining independence in the decision-making process.