Diksat Transworld Limited has scheduled its 27th Annual General Meeting (AGM) for Tuesday, September 29, 2026. The meeting will be held at 2:30 pm at the company’s registered office in Chennai.

Meeting Agenda

The AGM will transact ordinary business, including the receipt, consideration, and adoption of the Audited Financial Statements for the financial year ended March 31, 2026. Shareholders will also vote on the re-appointment of Mr. Ulaganathan as a director.

Director Re-appointment

Mr. Ulaganathan (DIN: 10470790), a Non-Executive Non-Independent Director, retires by rotation and offers himself for re-appointment. He holds a B.E. and an MBA, with 24 years of experience in maintenance and production. He has attended all board meetings during the year and currently holds no shareholding in the company.

Book Closure and Eligibility

The register of members and share transfer books will remain closed from Monday, September 21, 2026, to Tuesday, September 29, 2026. Only shareholders registered within this window are eligible to attend and vote at the meeting.

Corporate Governance

Mrs. Meenakshi Yadav, Whole Time Director, issued the intimation to the Listing Department of BSE Limited. The notice confirms that the Annual Report 2025-26 is being sent electronically to members with registered email addresses, in compliance with Ministry of Corporate Affairs and SEBI circulars.

Diksat Transworld reported a net loss of ₹119.05 lakh for the financial year ended March 31, 2026 (FY26), a significant deterioration from the net profit of ₹6.45 lakh recorded in FY25. The company’s revenue from operations contracted sharply by 60%, falling to ₹181.19 lakh from ₹453.55 lakh in the previous year.

The decline in profitability was driven by operating expenses exceeding total revenue. Total expenses stood at ₹301.59 lakh, compared to total revenue of ₹185.50 lakh. While employee costs decreased by 42% to ₹37.02 lakh from ₹63.90 lakh, depreciation and amortization expenses rose 20% to ₹57.47 lakh. Finance costs dropped significantly to ₹4.21 lakh from ₹83.17 lakh, reflecting reduced borrowing interest burdens.

What the Numbers Show

A key divergence in the financials is the composition of other income versus operational performance. Other income increased to ₹4.30 lakh from ₹0.41 lakh, primarily due to a write-back of excess provisions for gratuity amounting to ₹4.22 lakh. This non-operational gain was insufficient to offset the core operational loss of ₹116.09 lakh before tax. Additionally, while trade receivables improved with a cash inflow of ₹116.33 lakh from collection efforts, an increase in other assets consumed ₹157.03 lakh in cash, resulting in negative operating cash flow of ₹24.18 lakh.

Balance Sheet and Liabilities

As of March 31, 2026, long-term borrowings decreased slightly to ₹515.52 lakh from ₹528.60 lakh. Short-term borrowings fell more sharply to ₹12.41 lakh from ₹45.07 lakh. However, current liabilities expanded, with trade payables rising to ₹143.80 lakh from ₹106.21 lakh. The company holds cash and cash equivalents of ₹84.41 lakh, down from ₹93.15 lakh a year earlier.

Corporate Governance and AGM

The Board has not recommended any dividend for FY26. The Twenty-Seventh Annual General Meeting (AGM) is scheduled for September 29, 2026, at the registered office in Chennai. Shareholders will consider the adoption of audited financial statements and the re-appointment of Mr. Ulaganathan as a non-executive director retiring by rotation. Statutory auditors M.C. Ranganathan & Co issued an unqualified opinion on the standalone financial statements.