Inditalia Refcon Limited has scheduled a board meeting for September 4, 2026, to approve its financial results for FY26 and finalize the agenda for its upcoming annual general meeting.

The session will focus on corporate governance updates rather than operational performance metrics, as no financial data was disclosed in the notice.

Board Agenda Details

The meeting is set to commence at 3:00 pm at the company's corporate office in Mumbai. The primary objective is to transact business related to the conclusion of the fiscal year ended March 31, 2026.

Key items on the agenda include:

• Approval of the Board's Report for FY26 for adoption at the AGM.
• Finalization of the date, time, and venue for the 40th Annual General Meeting, currently scheduled for September 28, 2026.
• Recommendation for the re-appointment of Mr. Vipul Rajendrabhai Gandhi (DIN: 02729144), who retires by rotation.
• Review of the Secretarial Audit Report for FY26 submitted by M/s. CS Nisha & Associates.

Regulatory Compliance

The disclosure was made pursuant to Regulation 29 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015. The notice was issued on September 3, 2026, and addressed to the Bombay Stock Exchange Limited.

The Managing Director, Sujata Mittal, signed the communication, confirming the procedural steps required for shareholder approval of the annual report and director appointments.

Inditalia Refcon Limited reported a loss of ₹1.75 lakh for the quarter ended June 30, 2026, reversing the profit of ₹28.91 lakh recorded in the preceding quarter. The company generated zero revenue from operations during the period, marking a continuation of its operational pause as it prepares to restart business activities.

The loss widened year-on-year from ₹10.08 lakh in Q1FY25. Total expenses for the quarter stood at ₹1.75 lakh, driven primarily by other expenses of ₹1.29 lakh and employee benefits of ₹0.46 lakh. The preceding quarter’s profit was largely attributable to exceptional items, which were absent in the current period.

Operational Strategy and Governance

The Board of Directors approved the unaudited financial results on August 14, 2026. The accounts have been prepared on a 'Going Concern' basis, supported by fund infusion through loans from directors.

Key strategic developments include:

• Appointment of M/s. Purva Share Registry as the new Registrar and Transfer Agent (RTA) to facilitate full dematerialization.
• Clearance of all arrears owed to depository participants (CDSL & NSDL), paving the way for investors to hold shares in demat form.
• Plans to approach the Bombay Stock Exchange (BSE) for the revocation of trading suspension to resume listing.

Management intends to initiate business operations by leasing reefer containers, with a long-term goal of starting manufacturing once a market foothold is established.

What the Numbers Show

The financial data reveals a complete absence of core business activity. With revenue from operations at ₹0.00 lakh for the current quarter, the preceding quarter, and the corresponding period last year, the company is currently non-operational. The shift from a profit of ₹28.91 lakh in Q4FY26 to a loss of ₹1.75 lakh in Q1FY26 is entirely due to the absence of exceptional items that boosted the previous quarter's bottom line, rather than any change in operational cash flows, which remain nil.

Corporate Actions

The Board also addressed an administrative rectification regarding Mr. Navin Sheth’s designation. His role was inadvertently listed as “Whole-time Director” in Form DIR-12 filings; it has been corrected to “Non-Executive Director.” Mr. Sheth continues to serve as Non-Executive Director and Chief Financial Officer, with no change to his tenure or responsibilities.