Aviva Industries shareholders approved the shifting of the company's registered office from the State of Maharashtra to the State of Gujarat during its 42nd Annual General Meeting held on September 28, 2026. The company has now submitted the voting results and scrutinizer's report to BSE as required under Regulation 44(3) of SEBI LODR Regulations.

The meeting, conducted at the company's current registered office in Navi Mumbai, transacted both ordinary and special business items. Key resolutions included the adoption of audited financial statements for FY26 and the regularization of a non-executive independent director.

Governance and leadership updates

Shareholders passed an ordinary resolution to adopt the audited financial statements for the financial year ended March 31, 2026. This included the balance sheet, statement of profit and loss, cash flow statement, and reports from the Board of Directors and Auditors.

Mr. Sanjaykumar Ashokbhai Patel (DIN: 11252680), who retired by rotation, was re-appointed as a director via an ordinary resolution. Additionally, Ms. Deepa Garg (DIN: 10740685) was appointed and regularized as a Non-Executive Independent Director through a special resolution.

Operational and compliance changes

The meeting also addressed compliance and structural changes. An ordinary resolution approved the appointment of M/s Shekhawat & Associates, Practicing Company Secretary, as the Secretarial Auditor of the company.

A significant special resolution authorized the alteration of the Memorandum of Association to reflect the shift of the registered office from Maharashtra to Gujarat. This move marks a strategic relocation of the company's administrative base.

Voting results overview

The voting results indicate strong shareholder support for all resolutions. Out of 715 total shareholders on the record date, 20 attended the meeting either in person or through proxy. No shareholders attended via video conferencing. The promoter group did not cast any votes, while public shareholders participated actively through poll and remote e-voting.

The data shows that 29,390,051 shares voted in favour across all resolutions, representing approximately 90.43% of the total outstanding shares. Only 9 votes were cast against each resolution, all via remote e-voting by public non-institutional shareholders. There were no invalid or abstained votes recorded.

Meeting proceedings

The Annual General Meeting commenced at 12:00 pm and concluded at 1:00 pm with a vote of thanks. The consolidated report of the Scrutinizer, Dharti Patel & Associates, confirmed the validity of the voting process conducted through NSDL facilities.

Aviva Industries has filed its annual report for the financial year ended March 31, 2026, alongside the notice for its 42nd Annual General Meeting (AGM). The company reported a net profit of ₹187.53 lakh for FY26, marking a significant turnaround from the net loss of ₹8.65 lakh reported in the previous year.

The Board of Directors approved the audited financial statements and other key resolutions during a meeting held on September 2, 2026. The AGM is scheduled to be held on Monday, September 28, 2026, at 12:00 pm at the company's registered office in Navi Mumbai.

Financial Performance

Aviva Industries recorded revenue from operations of ₹8,177.47 lakh in FY26, a substantial increase from ₹3.20 lakh in FY25. Total expenses stood at ₹7,920.20 lakh, up from ₹11.85 lakh in the prior year.

The company earned a basic earnings per share (EPS) of ₹0.77 in FY26, compared to a loss per share of ₹0.58 in FY25. No dividend was recommended for the financial year.

What the Numbers Show

The company’s transition from a negligible revenue base to over ₹8,000 lakh indicates a major scale-up in operations, specifically in its agricultural trading business. However, the net profit margin remains thin at approximately 2.3%, suggesting that while volume has increased significantly, profitability is still in early stages relative to the top-line growth.

AGM Agenda and Resolutions

Shareholders will consider several ordinary and special resolutions at the forthcoming AGM:

• Adoption of Financial Statements: Approval of the audited standalone financial statements for FY26.
• Re-appointment of Director: Re-appointment of Mr. Sanjaykumar Ashokbhai Patel as an Executive Director, who retires by rotation.
• Secretarial Auditor: Appointment of M/s Shekhawat & Associates as Secretarial Auditors for five consecutive years (FY27 to FY31).
• Independent Director: Regularization of Ms. Deepa Garg as a Non-Executive Independent Director for five years.
• Registered Office Shift: Shifting the registered office from Maharashtra to Gujarat, requiring alterations to the Memorandum of Association.

Corporate Governance and Audits

M/s S K Bhavsar & Co. served as the Statutory Auditor for FY26. The Secretarial Audit Report by M/s SCS & Co. LLP noted several compliance lapses, including belated submission of financial results for Q4FY25 and delays in disclosing changes in compliance officers.

The company’s authorized capital stands at ₹51 crore, with issued, subscribed, and paid-up capital at ₹24.50 crore. The Board also approved the transfer of the entire profit of ₹187.53 lakh to reserves to strengthen the financial position.