Growington Ventures India Limited has scheduled a board meeting for June 4, 2026, to finalize arrangements for its upcoming Annual General Meeting (AGM). The meeting will be held at Shiv Chamber, 4th Floor, Plot No. 21, Sector – 11, CBD Belapur, Navi Mumbai – 400614. The primary agenda items include determining the specific date, time, and venue for the AGM and approving the draft notice for its convening.

The Board will also decide on the dates for book closure and the cutoff date necessary for the AGM. Additionally, the directors are set to appoint a scrutinizer to ensure the e-voting process is conducted in a fair and transparent manner. Any other business incidental to these matters may also be discussed with the chair's permission.

The intimation was submitted to BSE Limited pursuant to Regulation 29 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015. Sunita Gupta Maskara, Company Secretary and Compliance Officer, signed the filing on June 1, 2026.

Growington Ventures India Limited announced its audited standalone and consolidated financial results for the quarter and year ended March 31, 2026. The Board of Directors approved the results during a meeting held on May 7, 2026. The company reported a strong financial performance with significant growth in revenue and profitability across both standalone and consolidated bases.

Standalone Financial Performance

On a standalone basis, the company nearly doubled its revenue from operations to ₹12,652.97 lakhs in FY26 from ₹6,108.58 lakhs in the previous year. Total income for the year stood at ₹12,729.52 lakhs. Net profit for the year increased to ₹341.27 lakhs, compared to ₹245.85 lakhs in FY25. For the quarter ended March 31, 2026, the company reported a net profit of ₹49.43 lakhs, reversing a net loss of ₹31.47 lakhs in the corresponding quarter of the previous year.

Consolidated Financial Performance

The consolidated financial results, which include subsidiary Elementures Foodstuff Trading LLC, reflected a similar upward trend. Total income for the group rose to ₹13,259.93 lakhs in FY26 from ₹6,433.33 lakhs in the prior year. Consolidated net profit for the year stood at ₹462.33 lakhs, a significant increase from ₹247.71 lakhs in FY25. Total comprehensive income for the year was recorded at ₹472.37 lakhs.

Balance Sheet and Cash Flow

The company's standalone total assets expanded to ₹10,056.92 lakhs as of March 31, 2026, up from ₹4,092.82 lakhs in the previous year, driven largely by trade receivables. Total equity increased to ₹7,232.87 lakhs. On a consolidated basis, total assets reached ₹10,430.06 lakhs with total equity at ₹7,303.79 lakhs. The standalone cash flow statement showed a net increase in cash and cash equivalents of ₹39.51 lakhs for the year, ending the period with ₹197.22 lakhs.

Rights Issue and Corporate Governance

During the year, the company successfully completed a rights issue, allotting 48,16,61,820 fully paid-up equity shares at ₹1 per share, raising ₹4,816.62 lakhs. The proceeds were utilized for working capital and general corporate purposes. The Board also approved the re-appointment of Mr. Lokesh Patwa as Whole Time Director and CFO for a period of five years effective from May 1, 2026, subject to shareholder approval. M/s D.K. Chhajer & Co., Chartered Accountants, issued an unmodified audit report on the financial results.