Atharv Enterprises will hold its 36th Annual General Meeting on September 29, 2026. The agenda focuses on leadership continuity, including the reappointment of Managing Director Pramod Kumar Gadiya and remuneration increases for key executives.

The meeting will be conducted through video conference or other audio-visual means (OVAM), in compliance with Ministry of Corporate Affairs and SEBI regulations. Shareholders with registered email addresses will receive the notice and annual report electronically.

Key Agenda Items

The primary focus is on leadership continuity and related-party disclosures. Shareholders will consider the adoption of audited financial statements for FY26.

Ordinary Business

The meeting will address the reappointment of Mrs. Vandana Pramod Gadiya as a director retiring by rotation. Additionally, shareholders are asked to reappoint M/s. Shweta Jain & Co LLP as statutory auditors for a five-year term, following the resignation of M/s. J. Singh & Associates in January 2026.

Special Business: Leadership and Remuneration

The Board proposes reappointing Mr. Pramod Kumar Gadiya as Managing Director for a five-year term from August 1, 2027, to July 31, 2032. Concurrently, shareholders are asked to approve an increase in his monthly remuneration to ₹1,50,000, effective April 1, 2026. This comprises a salary of ₹1,25,000 and perquisites up to ₹25,000.

Similarly, the remuneration of Ms. Vandana Pramod Gadiya, Executive Director and CFO, is proposed to increase to ₹1,00,000 per month, effective April 1, 2026. This includes a salary of ₹80,000 and perquisites up to ₹20,000.

Related Party Transactions

The agenda includes two material related-party transactions requiring special resolution approval under Section 188 of the Companies Act, 2013:

• Payment of a commission of ₹1,00,000 per month to Mr. Punit Gadiya, son of the Managing Director.
• Payment of a commission of ₹2,00,000 per month to Ms. Bhumi Gadiya, daughter of the Managing Director.

Both transactions are for services rendered to the company. The Audit Committee and Board have recommended these transactions, confirming they are in the company's interest.

Meeting Details and Voting

The register of members will remain closed from September 22 to September 29, 2026. Remote e-voting will be facilitated by NSDL. Members holding shares in demat mode can vote via their depository participants or directly through the NSDL e-voting portal.

Regulatory Compliance

The disclosure was made pursuant to Regulation 30, Regulation 34, Regulation 42, and Regulation 47(1) of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015. Hard copies of the annual report will not be furnished for members with registered email IDs.

Atharv Enterprises Limited reported a net profit of ₹4.98 lakh for the first quarter ended June 30, 2026, rising from ₹4.64 lakh in the corresponding period of the previous year. However, the company’s compliance timeline faced a disruption when its standalone unaudited financial results could not be published in newspapers as originally scheduled due to an inadvertent error by the publisher. The advertisement was subsequently published in Active Times and Mumbai Lakshadeep on July 28, 2026, alongside submission to the Bombay Stock Exchange under Regulation 30 and Regulation 47(1) of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015.

Total income from operations for Q1FY26 stood at ₹94.60 lakh, a decrease of 8.1% from ₹102.98 lakh in Q1FY25. Despite the revenue contraction, the company managed to improve its bottom line through cost efficiencies. Total expenses declined to ₹88.00 lakh from ₹96.78 lakh in the prior year quarter, contributing to a profit before tax of ₹6.60 lakh, up from ₹6.20 lakh previously. Managing Director Pramod Kumar Gadiya confirmed that the delay was purely procedural and did not impact the financial outcomes or operational activities of the firm.

Financial Performance Summary

The following table outlines the key financial figures for the quarter and year-ended periods:

Compliance and Governance

The Board of Directors approved the standalone unaudited financial results during a meeting held on July 22, 2026. In addition to the financial results, the Board approved the re-appointment of M/s. B.B. Gagrani & Co. as the Internal Auditor for the financial year 2026-27. The firm brings experience in statutory audits, internal audits, tax audits, and forensic audits.

The unaudited financial results were reviewed by Shweta Jain & Co LLP, Chartered Accountants, who confirmed that the statement was prepared in accordance with Indian Accounting Standards. The review report noted no material misstatements. The company has attached a letter from the publisher confirming the technical reason for the initial non-publication to the exchange records.

What the Numbers Show

The divergence between revenue decline and profit growth highlights improved cost management at Atharv Enterprises. While top-line revenue contracted by approximately ₹8.38 lakh, expenses fell by a larger margin of ₹8.78 lakh. This suggests that the company successfully controlled operational costs despite lower income generation. The paid-up equity share capital remained constant at ₹1,700.00 lakh with a face value of ₹1 per share, indicating no dilution or capital raising activity during the period.