Assam Entrade Limited has scheduled its 41st Annual General Meeting for September 25, 2026, to be held via video conferencing. The company also appointed Sunil Kumar Gupta as an additional non-executive independent director.

The board approved the appointment of Mr. Gupta during its meeting on August 26, 2026. His term extends until the conclusion of the AGM in calendar year 2031 or for five consecutive years, whichever is earlier. The appointment is subject to shareholder approval at the upcoming AGM.

Director Appointment Details

Mr. Gupta, a Fellow Chartered Accountant with over 30 years of experience in audit, taxation, and project financing, joins the board effective August 26, 2026. He serves as Senior Partner at M/s Sunil Rajjan & Associates and holds specialized certifications including ISA (ICAI) and NSE Financial Markets credentials.

The Nomination and Remuneration Committee recommended his appointment. Mr. Gupta has no relationship with existing directors.

AGM and Corporate Governance Updates

The company published newspaper advertisements in Financial Express and Ek Din on September 2, 2026, regarding the AGM. The meeting will be held through Video Conferencing (VC) / Other Audio Visual Means (OAVM) in compliance with MCA Circular No. 14/2020 and subsequent circulars, including MCA General Circular No. 03/2025 dated September 22, 2025, and SEBI Master Circular No. SEBI/HO/CFD/CFDPoD-2/CIR/2023/167 dated October 7, 2023, and SEBI/HO/CFD/CFDPoD-2/P/CIR/2024/133 dated October 3, 2024.

Key logistical details for the shareholder meeting include:

• Book closure dates: September 19 to September 25, 2026 (both days inclusive)
• Cut-off date for voting entitlement: September 18, 2026
• Remote e-voting window: September 22 (9:00 am) to September 24 (5:00 pm), 2026
• Notice dispatch completion: September 1, 2026

ABS Consultant Private Limited was authorized to conduct the AGM. Members holding shares in physical mode who have not registered email addresses can update details via Form-ISR 1 submitted to the RTA.

Additionally, the board approved the Directors’ Report, Corporate Governance Report, and Management Discussion and Analysis Report for FY26.

Township Project Progress

The board reviewed developments regarding the company’s 66.68-acre Integrated Township Project in Kanpur Nagar, Uttar Pradesh. Key milestones include:

• Grant of license for development by local authorities
• Approval of the Detailed Project Report by the Kanpur Development Authority
• Final layout plan approval received in February 2026

The company is developing the township as a lead member alongside six corporate partners.

Assam Entrade Limited reported a standalone net profit of ₹39.70 lakh for the quarter ended June 30, 2026, reversing a loss of ₹91.14 lakh recorded in the immediately preceding quarter. The company’s total income from operations rose significantly to ₹326.42 lakh, up from ₹188.43 lakh in the same period last year.

The financial results were filed with the stock exchanges on August 14, 2026, pursuant to Regulation 47 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015. The un-audited results were also published in Financial Express and Ek Din newspapers.

Financial Performance

The company’s revenue growth was accompanied by a sharp improvement in profitability metrics. While the firm posted a net loss before tax of ₹58.50 lakh in the quarter ended March 31, 2026, it achieved a pre-tax profit of ₹54.98 lakh in Q1FY26. This turnaround contributed to a basic earnings per share (EPS) of ₹2.76, compared to a negative EPS of ₹6.33 in the prior quarter.

Consolidated figures remained nearly identical to standalone results, with consolidated net profit after tax standing at ₹39.67 lakh for the quarter.

What the Numbers Show

The divergence between the current quarter’s performance and the previous quarter highlights a significant operational shift. In Q4FY25, the company incurred a substantial loss despite generating ₹182.65 lakh in revenue. In contrast, Q1FY26 saw revenue nearly double to ₹326.42 lakh, while simultaneously flipping the bottom line from a ₹91.14 lakh loss to a ₹39.70 lakh profit. This suggests that the recent revenue expansion has translated directly into improved margin efficiency, reversing the cost pressures or low-margin activity that characterized the end of FY25.

Shareholder Information

The company’s paid-up equity share capital remains unchanged at ₹143.98 lakh. Reserves, excluding revaluation reserve, stood at zero as of June 30, 2026, though the securities premium account includes ₹622.705 lakh. No dividend was declared for the quarter.