International Travel House Limited has completed the dispatch of the notice for its 45th Annual General Meeting (AGM) and the accompanying report and accounts for the financial year ended March 31, 2026. The company confirmed on August 1, 2026, that all regulatory requirements for the despatch were met, ensuring shareholders receive timely information ahead of the scheduled meeting. This procedural update is critical for investors as it initiates the voting window for resolutions concerning the company’s operations and financials for FY26.

The 45th AGM is convened for Tuesday, August 25, 2026, at 11:00 a.m. The company published the completion of despatch in compliance with Regulation 30 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015. Notices appeared in the Delhi editions of Financial Express (English) and Jansatta (Hindi) on August 3, 2026, alongside publications in regional editions across Chandigarh, Pune, Lucknow, Kolkata, Bengaluru, Chennai, Kochi, Hyderabad, Ahmedabad, and Mumbai.

Voting Details and Timeline

Shareholders are required to participate in the voting process through remote e-voting or during the AGM itself. National Securities Depository Limited (NSDL) has been engaged to facilitate this process. The eligibility for voting is determined by a specific cut-off date.

Only members whose names appear in the Register of Members or the Register of Beneficial Owners maintained by depositories as of the cut-off date, August 18, 2026, are entitled to cast their votes. Individuals who acquire shares after the dispatch of the notice but before the cut-off date must request user IDs and passwords from NSDL or the company to participate.

Shareholder Instructions

The remote e-voting facility will be blocked by NSDL immediately after the expiry of the voting period on August 24, 2026. Members who have already cast their votes via remote e-voting may attend the physical AGM but will not be permitted to vote again. Detailed instructions for e-voting are annexed to the AGM notice, which is available on the company’s website under the 'Investor Relations' section and on the BSE and NSDL e-voting portals.

For queries regarding the voting process, shareholders may contact Pallavi Mhatre, Deputy Vice President at NSDL, or Abhishek Chawla, Company Secretary at International Travel House Limited. The company emphasizes that those not holding shares on the record date should treat the AGM notice for informational purposes only.

International Travel House reported a net profit of ₹1,848.19 lakhs for the financial year ended March 31, 2026 (FY26), a decline of 31.9% from ₹2,715.17 lakhs in the previous year. Operating income fell 1.7% to ₹23,163.10 lakhs, impacted by exceptional items and margin pressure. Despite the lower earnings, the Board of Directors has recommended a final dividend of ₹5.50 per equity share, maintaining the payout level from FY25. Shareholders will vote on the dividend and other agenda items at the 45th Annual General Meeting (AGM) on August 25, 2026.

The drop in profitability was primarily driven by an exceptional one-time charge of ₹589.00 lakhs related to the recognition of past service costs for gratuity and leave encashment, pursuant to new labor codes notified by the Ministry of Labour & Employment. Excluding this item, the profit before tax stood at ₹3,100.30 lakhs. Other income decreased to ₹600.69 lakhs from ₹664.49 lakhs, while total expenses rose slightly to ₹20,663.49 lakhs from ₹20,548.48 lakhs due to higher employee benefits and depreciation.

Key Financial Metrics

The company’s return on equity (ROE) declined to 10.72% from 17.64%, reflecting the impact of the exceptional charge on net profits. The net profit ratio compressed to 8.07% from 11.63%. Cash and cash equivalents decreased to ₹1,852.93 lakhs from ₹3,589.72 lakhs, as the company deployed funds into current investments, which rose to ₹10,479.72 lakhs from ₹5,459.98 lakhs.

AGM and Corporate Actions

The 45th AGM will be held via Video Conferencing or Other Audio Visual Means (VC/OAVM) on August 25, 2026, at 11:00 a.m. (IST). Key resolutions include the re-appointment of Mr. Ashish Rao, who retires by rotation, and the approval of remuneration for statutory auditors Deloitte Haskins & Sells LLP, fixed at ₹26.50 lakhs for FY27. The record date for dividend entitlement is July 31, 2026. Shareholders must update bank details by August 17, 2026, to receive the dividend electronically.

What the Numbers Show

The divergence between stable operating income and declining net profit highlights the significant impact of non-recurring regulatory adjustments. The ₹589.00 lakh exceptional charge alone accounted for approximately 23.5% of the reported net profit decline. Operationally, the company maintained revenue resilience despite global trade uncertainties and geopolitical tensions affecting travel demand. The substantial increase in mutual fund investments suggests a strategy to optimize returns on surplus cash, although this also exposes the balance sheet to market price risks, albeit managed through diversified debt instruments.

Source: https://lodr-files.dhan.co/lodr-inputs/Company/INE262B01016/b9bd482b-0dae-42a5-8fd0-af3760bb4f9b.pdf