Kaizen Agro Infrabuild Limited’s board of directors approved the company’s annual report and notice for its 21st Annual General Meeting (AGM) during a session held on August 20, 2026. The board also approved the re-appointment of retiring director Pawan Kumar Jhunjhunwala and the appointment of three new non-executive independent directors, pending shareholder ratification.

The AGM is scheduled to take place on Friday, September 18, 2026, at 10:30 am at Diamond Plaza in Kolkata. Shareholders can participate via e-voting from Tuesday, September 15, 2026, at 9:00 am until Thursday, September 17, 2026, at 5:00 pm. The cut-off date for e-voting eligibility is Friday, September 11, 2026.

Board Appointments

The board approved the following director appointments subject to shareholder approval at the forthcoming AGM:

• Pawan Kumar Jhunjhunwala (DIN: 10049668): Retiring by rotation and offering himself for re-appointment.
• Deepa Garg (DIN: 10740685): Appointment as a Non-Executive Independent Director.
• Meenu Jain (DIN: 07072779): Appointment as a Non-Executive Independent Director.
• Reema Magotra (DIN: 09804839): Appointment as a Non-Executive Independent Director.

Corporate Actions

The board considered and approved loans, investments, guarantees, or security in excess of prescribed limits under Section 186 of the Companies Act, 2013. This resolution requires shareholder approval at the AGM.

M/s. Hemant Sharma & Associates (Practicing No. 17411) has been appointed as the scrutinizer for conducting e-voting at the AGM.

Share Transfer Closure

The company’s books will be closed from Saturday, September 12, 2026, to Friday, September 18, 2026, to facilitate the preparation of records for the AGM.

Kaizen Agro Infrabuild reported a net profit of ₹19.89 lakh for the first quarter of FY27 (ended June 30, 2026), marking a return to profitability from a net loss of ₹163.29 lakh in the preceding quarter. The company’s Board of Directors approved the unaudited financial results on August 13, 2026.

The quarter was characterized by an absence of core business activity, with net sales from operations recording nil. Consequently, the company’s total income from operations amounted to ₹36.94 lakh, derived entirely from other operating income. This contrasts sharply with the preceding quarter, which saw net sales of ₹3,416.35 lakh but also included a negative other operating income adjustment of ₹161.76 lakh.

Financial Performance Overview

Total expenses for the quarter were contained at ₹17.05 lakh. Employee benefits expense accounted for ₹7.95 lakh, while other expenses stood at ₹9.10 lakh. There were no purchases of stock-in-trade or finance costs reported during the period. The company did not incur any tax expense for the quarter.

What the Numbers Show

The financial structure for Q1FY27 reveals a complete decoupling from operational revenue. With net sales at zero, other operating income constituted 100% of the company's total income for the quarter. This non-operational income stream was sufficient to cover all incurred expenses, resulting in a pre-tax profit of ₹19.89 lakh. In contrast, the corresponding quarter of the previous year (Q1FY26) generated ₹539.58 lakh in net sales, indicating a significant shift in business activity levels year-over-year.

Auditor Review and Governance

The statutory auditors, M/s. M.K. Kothari & Associates, issued a limited review report on the financial statements. Partner Manish Kumar Kothari confirmed that nothing came to their attention to suggest the statements were not prepared in accordance with Ind-AS 34 and SEBI Listing Regulations. The Audit Committee reviewed the results prior to their approval by the Board.

Kaizen Agro Infrabuild’s paid-up equity share capital remained unchanged at ₹5,141.49 lakh. Basic earnings per share (EPS) stood at ₹0.04 for the quarter, compared to a basic EPS loss of ₹0.32 in the preceding quarter and ₹0.07 in the same quarter last year.