Karnimata Cold Storage shareholders unanimously approved the company’s audited financial statements for FY26 and reappointed director Asha Ladia at its 15th annual general meeting held on September 19, 2026. The resolutions passed with 100% support from votes polled, which represented 42.33% of the total outstanding shares.

The meeting, chaired by Pradip Lodha, concluded at 3:30 pm at the company’s registered office in Paschim Medinipur, West Bengal. Babu Lal Patni, a practicing company secretary, served as the scrutinizer for the voting process. The quorum was present as per Section 103 of the Companies Act, 2013.

Voting Participation

Out of 255 shareholders on the record date, seven shareholders participated in the meeting, either in person or through proxy. There was no video conferencing facility available for the AGM. No shareholders opted for ballot paper voting; all votes were cast via remote e-voting.

Promoters holding 10,72,000 shares voted in favor of both resolutions, representing 100% of their holdings. Public non-institutional shareholders cast 10,80,000 votes in favor, accounting for 26.92% of their total shareholding of 40,12,000 shares.

Key Resolutions

The board transacted two primary items of business during the meeting:

• Adoption of the Audited Balance Sheet as on March 31, 2026
• Adoption of the Statement of Profit and Loss for the financial year ended March 31, 2026
• Reappointment of Asha Ladia (DIN: 03504170), who retired by rotation

Both resolutions were passed as ordinary resolutions. The promoters and promoter group declared no interest in either agenda item. Members were given an opportunity to ask questions, which the chairman addressed before concluding the proceedings. Laxmi Agarwal, Company Secretary, signed off on the summary of proceedings.

Karnimata Cold Storage has scheduled its 15th Annual General Meeting (AGM) for September 19, 2026. The board approved the draft notice and the annual report for FY26 during its meeting on August 28, 2026.

The meeting will take place at the company’s registered office in West Bengal at 3:00 pm. A key agenda item is the reappointment of Mrs. Asha Ladia as a director.

Financial Performance

For the financial year ended March 31, 2026, the company reported a profit after tax (PAT) of ₹79.44 lakh, remaining flat compared to ₹79.44 lakh in FY25. Revenue from operations declined to ₹451.94 lakh from ₹445.32 lakh in the previous year, though total income fell more sharply to ₹489.20 lakh from ₹526.31 lakh due to a significant drop in other income.

What the Numbers Show

The stability in PAT despite lower total income was driven by reduced finance costs. Interest expenses fell to ₹44.09 lakh from ₹58.88 lakh in FY25, offsetting the decline in other income which dropped by over 50% year-on-year. This indicates improved debt servicing efficiency rather than operational revenue growth as the primary driver of consistent profitability.

Key Dates and Appointments

The register of members and share transfer books will remain closed from September 13, 2026, to September 19, 2026. Both days are inclusive of the closure period.

Mr. Babu Lal Patni, a practising company secretary, was appointed as the scrutinizer for the AGM. His role involves overseeing the voting process to ensure compliance with regulatory standards.

Board Meeting Details

The board meeting commenced at 11:30 am and concluded at 12:30 pm on August 28, 2026. The disclosures were made in accordance with Regulation 30 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015.

The company listed these outcomes on the BSE SME platform. No dividend was recommended for the year ended March 31, 2026, with directors opting to plough back profits for future growth.

Director Reappointment

Mrs. Asha Ladia (DIN: 03504170) retires by rotation and offers herself for reappointment. She has been a Non-Executive Director since April 29, 2011. Her expertise includes trading, investment businesses, and acting as an agent for the Life Insurance Corporation of India. She holds 114,000 shares in the company.

E-Voting Process

Shareholders holding shares as on the cut-off date of September 12, 2026, can cast their votes electronically. The remote e-voting period begins on September 16, 2026, at 9:00 am and ends on September 18, 2026, at 5:00 pm.

Demat account holders can vote through their depository participants (CDSL/NSDL) or directly via the Bigshare i-Vote platform. Physical shareholders must use their folio numbers to log in.