Greenhitech Ventures Limited has scheduled its third Annual General Meeting (AGM) for Tuesday, September 29, 2026. The meeting will be held at 4:00 pm at the company's registered office in Varanasi. Shareholders on record as of September 22, 2026, will be eligible to vote.

The board of directors approved the Director's Report and the Annual Report for the financial year ended March 31, 2026, during a meeting held on September 3, 2026. M/s Nikunj Kanabar & Associates was appointed as the scrutinizer for the voting process, which includes both e-voting and ballot paper procedures.

Financial Performance Overview

The company reported significant growth in consolidated revenue for FY26, driven by the acquisition of subsidiaries. Standalone revenue from operations remained relatively flat year-on-year.

Consolidated revenue more than doubled to ₹3,759.70 lakh from ₹1,957.75 lakh in the previous year. However, consolidated profit after tax declined to ₹75.20 lakh from ₹150.74 lakh. Standalone profit after tax also saw a decrease, falling to ₹131.30 lakh from ₹150.74 lakh.

Key Agenda Items

The AGM notice outlines several ordinary and special business items for shareholder approval:

• Adoption of audited standalone and consolidated financial statements for FY26.
• Re-appointment of Mr. Amit Kumar Singh as a Non-Executive Director liable to retire by rotation.
• Approval of related party transactions with subsidiary M/s Tritech Industrial Solutions Private Limited up to ₹5 crore for working capital and inter-corporate loans.
• Approval of related party transactions with wholly-owned subsidiary M/s Greenkashi Bio Energy Private Limited up to ₹5 crore for similar purposes.

Corporate Developments

During FY26, the company acquired a 100% stake in Greenkashi Bio Energy Private Limited and a 76% stake in Tritech Industrial Solutions Private Limited. These acquisitions contributed to the significant increase in consolidated assets and revenue. The company also allotted 82,89,237 equity shares and issued 10,37,200 share warrants during the year.

Remote e-voting for the AGM will commence on Saturday, September 26, 2026, at 9:00 am and end on Monday, September 28, 2026, at 5:00 pm. The annual report is available electronically on the company's website and the BSE India Limited website.

Greenhitech Ventures reported a 13% decline in net profit for the financial year ended March 31, 2026, to ₹131.30 lakh, down from ₹150.74 lakh in the previous year. Revenue from operations for FY26 stood at ₹1,938.96 lakh, a slight decrease from ₹1,957.75 lakh in FY25. The company's primary business segment is the trading of food grains and fuel oils.

The Board of Directors approved the audited standalone and consolidated financial results for the half-year and financial year ended March 31, 2026, at a meeting held on May 30, 2026. The statutory auditors, M/s Goel Vinay and Associates, issued an unmodified opinion on the financial results. Additionally, the Board appointed M/s S A & Associates, Chartered Accountants, as the Internal Auditor for F.Y. 2026-27.

Standalone Financial Performance

For the full year ended March 31, 2026, the company reported a total revenue of ₹1,944.84 lakh, compared to ₹1,959.81 lakh in the prior year. Total expenses increased to ₹1,769.37 lakh from ₹1,758.37 lakh. Profit before tax for the year was ₹175.47 lakh, lower than the ₹201.44 lakh recorded in FY25. The basic earnings per equity share for FY26 were ₹1.01, down from ₹3.21 in the previous year.

Consolidated Financial Performance

On a consolidated basis, the group reported a revenue of ₹3,759.70 lakh for FY26, significantly higher than ₹1,957.75 lakh in the previous year. This increase was driven by the inclusion of subsidiaries, Greenkashi Bio Energy Private Limited and Tritech Industrial Solutions Private Limited, during the financial year. However, consolidated net profit after tax fell to ₹75.20 lakh from ₹150.74 lakh in FY25. Consolidated profit before tax stood at ₹101.90 lakh, down from ₹201.44 lakh.

Financial Position and Cash Flows

The standalone balance sheet as of March 31, 2026, showed a total asset base of ₹11,647.04 lakh, a substantial increase from ₹2,449.40 lakh in the previous year. Shareholders' funds rose to ₹10,272.48 lakh, driven by an increase in share capital to ₹1,298.92 lakh and reserves and surplus to ₹8,701.29 lakh. The company raised ₹8,960.51 lakh through the issuance of shares during the year. Cash and cash equivalents improved to ₹81.11 lakh from ₹5.96 lakh at the end of FY25.