Atvo Enterprises will close its register of members and share transfer books from September 23 to September 29, 2026. The closure facilitates the company’s 31st Annual General Meeting scheduled for Tuesday, September 29, 2026.

The meeting will be held at 3:30 pm through Video Conference or Other Audio Video Means. Shareholders can exercise their voting rights electronically using the Central Depository Services Limited (CDSL) e-voting platform.

E-Voting Schedule

The cut-off date for determining voting rights is September 22, 2026. Remote e-voting will commence on September 26, 2026, at 9:00 am and conclude on September 28, 2026, at 5:00 pm.

Regulatory Compliance

The notice was issued in compliance with Regulation 42 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015, and Section 91 of the Companies Act, 2013. Kirti Agarwal, Company Secretary and Compliance Officer, signed the disclosure on September 4, 2026.

Atvo Enterprises has scheduled its 31st Annual General Meeting for September 29, 2026, to approve financial results for the fiscal year ended March 31, 2026. The textile manufacturer reported a significant jump in profitability, driven by higher operational income and interest receipts.

Financial Performance

The company reported total turnover of ₹675.33 lakh for FY26, an increase from ₹517.14 lakh in the previous year. This growth was primarily fueled by a rise in income from business operations, which climbed to ₹598.24 lakh from ₹444.80 lakh.

Net profit after tax more than doubled to ₹21.49 lakh from ₹11.41 lakh in FY25. Earnings per share increased to ₹0.02 from ₹0.01. The board did not recommend any dividend for the year, opting to retain profits for future business plans.

What the Numbers Show

A key observation in the financials is the substantial contribution of non-operating income to the bottom line. Other income stood at ₹77.08 lakh, which exceeded the profit before depreciation and tax of ₹29.51 lakh. This indicates that the company's net profitability is heavily supported by interest or other non-core receipts rather than operational margins alone. Additionally, trade receivables surged to ₹158.65 lakh from ₹36.60 lakh, suggesting a potential increase in working capital requirements or slower collection cycles amidst revenue growth.

Corporate Governance and Compliance

The secretarial audit report highlighted several compliance lapses during the fiscal year. The company failed to publish financial results in newspapers as required under SEBI Listing Regulations and delayed the submission of financial results to the stock exchange. There were also delays in submitting AGM proceedings and explanations for result delays. The board has acknowledged these issues and stated it has strengthened internal compliance monitoring mechanisms.

Board Changes

The board composition saw changes during the year. Mrs. Charul Gattani resigned as Executive Director on August 30, 2025. Subsequently, Mr. Siddharth Gattani and Mr. Shorya Gattani were appointed as Executive Directors effective the same date. Mr. Siddharth Gattani retires by rotation at the upcoming AGM and offers himself for re-appointment. The board met six times during the year, with all directors attending all meetings they were eligible for.