Julien Agro Infratech Limited has filed its annual report for FY26 and scheduled its 29th Annual General Meeting (AGM) for Friday, September 18, 2026. The meeting will be held at Diamond Plaza, Kolkata, with e-voting available from September 15 to September 17.

The record date for determining shareholder eligibility is fixed as Friday, September 11, 2026. The board approved the annual report during a meeting on August 20, 2026. Alongside financial approvals, shareholders will ratify key leadership changes and grant the board enhanced powers for loans and investments under Section 186 of the Companies Act, 2013.

Leadership Appointments

The company seeks shareholder approval to regularize the appointment of Mr. Harkishan Singh as Chairman and Managing Director cum CEO for a five-year term starting July 4, 2026. His basic salary is set at ₹75,000 per month (net of tax). Mr. Chandra Shekhar Tibrewala is also appointed as Whole-time Director cum Chief Financial Officer for a five-year term, with a basic salary of ₹50,000 per month (net of tax).

Board Composition Changes

Three Non-Executive Independent Directors were appointed to strengthen the board structure, subject to shareholder ratification:

• Mrs. Deepa Garg
• Mrs. Meenu Jain
• Mrs. Pushpa Joshi

These directors hold office for five consecutive years commencing from July 4, 2026. None of them hold equity shares in the company.

Special Business: Section 186 Powers

Shareholders will consider a special resolution to empower the board to give loans, guarantees, or security in excess of prescribed limits under Section 186 of the Companies Act, 2013. The aggregate limit for such transactions shall not exceed 90% of the shareholders' fund.

AGM Schedule and Voting

The Register of Members and Share Transfer Books will remain closed from Saturday, September 12, 2026, through Friday, September 18, 2026. Remote e-voting begins on Tuesday, September 15, 2026, at 9:00 am and ends on Thursday, September 17, 2026, at 5:00 pm. Hemant Sharma & Associates has been appointed as the scrutinizer for the e-voting process.

Source: https://lodr-files.dhan.co/lodr-inputs/Company/INE890N01027/9c6b09d3-fc28-4a36-b0d7-6852b64269a2.pdf

Julien Agro Infratech reported a net profit of ₹97.50 lakh for the first quarter of FY26 (ended June 30, 2026), marking a return to profitability after posting a net loss of ₹607.23 lakh in the preceding quarter. Revenue from operations was ₹1,191.18 lakh, representing a sequential increase from ₹11,291.69 lakh in Q4FY26, though it declined significantly compared to ₹2,743.53 lakh in the corresponding period of the previous year.

The Board of Directors approved the unaudited financial results during its meeting held on August 13, 2026. The results were reviewed by M/s. M.K. Kothari & Associates, the statutory auditors, who issued a limited review report stating that nothing came to their attention to cause them to believe the statement contained material misstatements.

Financial Performance

The company’s total income from operations amounted to ₹1,268.70 lakh, driven by net sales and other operating income of ₹77.53 lakh. Total expenses were recorded at ₹1,171.21 lakh, primarily comprising purchases of stock-in-trade at ₹1,149.62 lakh. Employee benefits expense was ₹10.29 lakh, while other expenses stood at ₹11.29 lakh. Notably, there were no finance costs or depreciation charges recorded for the quarter.

Earnings per share (basic) for the quarter were ₹0.16, compared to a loss per share of ₹1.02 in the preceding quarter and earnings of ₹1.05 in the same period last year. The paid-up equity share capital remained unchanged at ₹5,957.80 lakh.

Leadership Changes

In addition to approving the financial results, the Board approved changes in the designations of two additional executive directors, subject to shareholder approval in the ensuing General Meeting:

• Harkishan Singh has been designated as Chairman and Managing Director cum CEO for a period of five years. He brings experience in business management, agro-business, and strategy formulation.
• Chandra Shekhar Tibrewala has been designated as Whole-time Director cum Chief Financial Officer. He possesses experience in business management, technical matters related to the company’s business, and agricultural marketing.

What the Numbers Show

The reversal to profitability in Q1FY26 was driven by a significant contraction in total expenses relative to income, despite lower revenue levels compared to the prior year. While revenue fell by approximately 57% year-on-year, the company maintained a positive operating margin, with total expenses constituting roughly 92% of total income. This contrasts with the preceding quarter where expenses exceeded income, resulting in a substantial loss. The absence of finance costs and depreciation in the current quarter further supported the bottom line improvement.