Jagatjit Industries has scheduled its 81st Annual General Meeting (AGM) for September 30, 2026. The meeting will be held through Video Conference or Other Audio Visual Means in compliance with Ministry of Corporate Affairs circulars.

The register of members and share transfer books will remain closed from September 25, 2026, to September 30, 2026, inclusive. Shareholders holding shares as of the record date will be eligible to vote via remote e-voting or during the AGM.

Board and Management Reappointments

The agenda includes the reappointment of Mr. Ravi Manchanda as Managing Director for a further period of two years, effective October 1, 2026. Mr. Manchanda, who has over four decades of experience in project management and marketing, will continue as Key Managerial Personnel.

Ms. Roshini Sanah Jaiswal is proposed for reappointment as Executive Director for three years, effective September 1, 2026. She brings approximately two decades of management experience in the beverages and hospitality sectors.

Auditor Appointments

Members are asked to ratify the remuneration of M/s P. K. Verma & Co., Cost Accountants, Chandigarh, for the audit of cost records for the financial year ending March 31, 2027. The approved remuneration is ₹75,000 plus applicable taxes and out-of-pocket expenses.

Additionally, M/s V. P. Jain & Associates, Chartered Accountants, New Delhi, is proposed for reappointment as Statutory Auditors for a second term of five consecutive years, until the conclusion of the 86th AGM in 2031.

Financial Performance FY26

The explanatory statement notes that total income for FY26 stood at ₹475.85 crore, a decline of 29.01% from ₹670.34 crore in the previous year. The company reported a profit before taxation of ₹10.18 crore, compared to a loss before taxation of ₹23.05 crore in FY25.

The profit before tax included ₹95.30 crore from the sale of Gurugram property, which was not of an operational nature. Total comprehensive income after tax was ₹10.48 crore, reversing a comprehensive loss of ₹23.20 crore in the prior year.

What the Numbers Show

The divergence between operational performance and reported profit is significant. While the company turned profitable on a comprehensive basis, the profit before taxation of ₹10.18 crore was heavily influenced by the one-time gain of ₹95.30 crore from asset sales. Excluding this non-operational item, the underlying operational result would have been a substantial loss, highlighting that the top-line decline of 29.01% has not yet been offset by operational efficiency gains.

Voting and Participation

Remote e-voting will be open from 9:00 am on September 27, 2026, to 5:00 pm on September 29, 2026. The facility will be provided by Central Depository Services (India) Limited. Members are advised to update their KYC details with their Depository Participants to ensure seamless access to e-voting and virtual meeting facilities.

Jagatjit Industries Limited filed its annual report for the financial year ended March 31, 2026, with the Bombay Stock Exchange on September 5, 2026.

The submission was made pursuant to Regulation 34 of the SEBI (Listing Obligations and Disclosures) Regulations, 2015. Roopesh Kumar, Company Secretary of the firm, confirmed the filing in a letter addressed to the Corporate Relationship Department at the BSE's Rotunda Building in Mumbai.

The document carries the scrip code 507155 and is intended for the information and records of the exchange. No specific financial metrics or operational highlights were detailed in the cover letter accompanying the report.