Blue Chip India Limited concluded its 41st Annual General Meeting on September 28, 2026, approving the audited financial statements for FY26. The meeting, held via video conferencing, also ratified the reappointment of Arihant Jain as Managing Director for a further three-year term.

Mrs. Aakansha Vaid, Chairperson, led the proceedings which commenced at 2:00 pm and ended at 2:16 pm. The company reported that 37 members attended the virtual meeting out of a total shareholder base of 40,780 as of the cut-off date, September 21, 2026. Four shareholders participated in the Q&A session regarding operations and financial performance.

Resolutions passed

The members considered and passed all agenda items, including ordinary business such as the adoption of financial reports and the reappointment of Madhu Prajapati as Director. Special business resolutions included the appointment of Suprabhat & Co. as Secretarial Auditors for three years and the regularization of Iranee Tripathy as an Independent Director for a five-year term.

Voting and compliance details

Voting was conducted electronically through the Central Depository Services (India) Limited (CDSL) system. Remote e-voting was open from September 24 to September 27, 2026. The final voting results and the Scrutinizer's report are scheduled for disclosure on or before September 30, 2026, in accordance with SEBI Listing Regulations.

The company confirmed that there were no qualifications, observations, or adverse remarks from the Statutory Auditors or Secretarial Auditors in their reports for the financial year ended March 31, 2026.

Blue Chip India Limited reported a net loss of ₹28.13 lakh for the financial year ended March 31, 2026, narrowing from a loss of ₹260.53 lakh in the previous year. The company's total income increased to ₹24.78 lakh from ₹9.01 lakh in FY25, while total expenditure rose to ₹52.91 lakh from ₹20.49 lakh. The Board of Directors approved the audited financial results at a meeting held on May 29, 2026.

The statutory auditors, Agarwal Sangneria & Co., issued an audit report with an unmodified opinion. The company operates within a single primary segment and does not have any subsidiaries, associate companies, or joint ventures as of March 31, 2026. During the financial year, the company passed a Special Resolution under Section 66 of the Companies Act, 2013, approving a reduction of its paid-up share capital. A petition regarding this reduction is currently pending before the National Company Law Tribunal (NCLT), Kolkata Bench, and no accounting entries have been recognized pending the final order.

Financial Performance

The company's total assets decreased to ₹352.79 lakh as of March 31, 2026, from ₹512.72 lakh in the previous year. Financial liabilities, specifically other financial liabilities, reduced to ₹421.57 lakh from ₹582.05 lakh. The equity share capital remained unchanged at ₹1,106.09 lakh. The audit committee reviewed the financial results on May 29, 2026, prior to the Board's approval.