Goel Food Products Limited will conduct its 30th Annual General Meeting (AGM) on Friday, July 24, 2026, at 11:00 A.M. IST via video conferencing (VC) and other audio visual means (OAVM). The meeting will be held without physical presence at the venue, in compliance with the Ministry of Corporate Affairs circulars and SEBI regulations. The registered office of the company at 76/1/2 Golaghat Road, Kolkata, will be deemed the venue for the proceedings.

The company has fixed July 18, 2026, as the cut-off date to determine the eligibility of members to vote through remote e-voting or during the AGM. Members participating through VC/OAVM will be counted for the purpose of reckoning the quorum under Section 103 of the Companies Act, 2013.

Shareholders can cast their votes remotely during the e-voting period commencing on July 21, 2026, at 09:00 a.m. and concluding on July 24, 2026, at 5:00 p.m. IST. The company will also provide an e-voting facility for members to cast their votes during the live AGM. The e-voting services are being provided by National Securities Depository Limited (NSDL).

The notice convening the 30th AGM and the soft copy of the Annual Report for the financial year ended March 31, 2026, will be sent via email to members registered with the company, depository participants, or the Registrar and Share Transfer Agent, M/s. Bigshare Services Pvt Ltd. Physical copies of the notice will be dispatched via speed post to registered addresses. The documents will also be available on the company’s website and the BSE SME platform.

Key Meeting Details

Goel Food Products Limited reported a net profit of ₹282.40 lakh for the financial year ended March 31, 2026, a decline from ₹505.51 lakh in the previous year. Revenue from operations for FY26 stood at ₹2,190.90 lakh, compared to ₹2,452.14 lakh in FY25. The Board of Directors approved the annual audited standalone financial statements and the draft Board's Report for the year during a meeting held on May 28, 2026.

The statutory auditors, M/s. R. Kothari & Co LLP, issued an unmodified opinion on the financial results. However, the auditors included an emphasis of matter noting that the company is yet to receive pending confirmations in respect of certain parties. The Board also appointed M/s. M R Dhandharia & Co as the internal auditor for the financial year 2026-27.

Financial Performance for FY26

The company's total income for the year decreased to ₹2,330.88 lakh from ₹2,555.42 lakh in the prior year. Total expenses increased to ₹1,892.98 lakh from ₹1,877.53 lakh. Profit before tax for the year was ₹437.89 lakh, down from ₹677.88 lakh in FY25. Basic earnings per share for FY26 were reported at ₹1.50, compared to ₹2.68 in the previous year.

Balance Sheet Highlights

As of March 31, 2026, the company's total assets stood at ₹7,244.17 lakh, up from ₹6,196.54 lakh in the previous year. Shareholders' funds increased to ₹2,989.11 lakh from ₹2,706.71 lakh. Cash and cash equivalents surged to ₹908.36 lakh from ₹374.58 lakh, while short-term borrowings rose significantly to ₹1,628.32 lakh from ₹283.78 lakh.