Kilburn Office Automation Limited has scheduled its 45th Annual General Meeting for September 30, 2026, to seek shareholder approval for shifting its registered office from West Bengal to Maharashtra. The meeting will also address a significant expansion of the company's business objects into steel manufacturing, energy generation, and agricultural trading.

The corporate action follows the implementation of a resolution plan approved by the National Company Law Tribunal on February 26, 2024. The new management, which assumed charge in July 2024, aims to align administrative operations with its principal base of business activities. Shareholders will vote on special resolutions to alter Clause II and Clause III of the Memorandum of Association.

Financial Performance

The company reported no revenue from operations for FY26, consistent with its non-operational status during the transition period. Administrative expenses declined significantly year-on-year as the firm moved away from insolvency-related costs.

What the Numbers Show

The reduction in total expenses from ₹25.90 lakh in FY25 to ₹5.02 lakh in FY26 reflects the cessation of Corporate Insolvency Resolution Process (CIRP) costs. In FY25, CIRP expenses alone accounted for ₹8.53 lakh, while legal and professional fees were ₹7.65 lakh. For FY26, these specific line items dropped to zero or negligible levels, indicating the stabilization of post-insolvency administrative overheads despite the net loss widening due to deferred tax adjustments.

Strategic Shifts

The proposed alteration to the Objects Clause (Clause III) permits the company to engage in:

• Manufacturing and processing of ferrous and non-ferrous metals, including sponge iron plants.
• Trading and processing of agricultural produce and food products.
• Generation and distribution of renewable and non-renewable energy.
• Logistics, material handling, and mineral services.

The Board stated that these changes are necessary to revive and grow the company after a prolonged period of inactivity. No dividend was declared for FY26.

Governance Updates

Mr Dipesh Nandkishorji Mandhani retires by rotation at the AGM and offers himself for re-appointment. The Board also noted that certain statutory forms were filed belatedly during the year, attributed to management transition and MCA facility activation delays. Statutory auditors Vinod Kumar Jain & Co confirmed adequate internal financial controls over reporting.

Kilburn Office Automation Limited announced its 44th Annual General Meeting (AGM) is scheduled for December 31, 2025. The event will be conducted through video conferencing or other audio-visual means.

The meeting aims to transact ordinary and special business items critical for the company's governance and compliance framework. Shareholders are invited to participate electronically in accordance with regulatory guidelines.

Financial Results and Governance

The primary agenda item involves receiving, considering, and adopting the audited financial statements for the fiscal year ended March 31, 2025. This follows the company's transition post-Corporate Insolvency Resolution Process (CIRP).

Board Appointments

The AGM will address several key personnel appointments and re-appointments to strengthen the board structure:

• Re-appointment of Directors: Mr. Yogesh Ramniwas Mandhani and Mr. Dipesh Nandkishorji Mandhani, both Non-Executive Directors, retire by rotation and offer themselves for re-appointment.
• New Whole-Time Director: Mr. Gaurav Kasat is proposed for appointment as Whole-Time Director for five years, effective January 3, 2025.
• Independent Directors: Ms. Neha Punit Agrawal and Ms. Pratiksha Rathi are proposed for appointment as Independent Directors for a fixed term of five years.

Auditor Ratifications

The meeting will also cover statutory auditor matters:

• Ratification of Casual Vacancy: The appointment of M/s Vinod Kumar Jain & Co., Chartered Accountants, to fill the casual vacancy caused by the resignation of M/s Rakesh Sethia & Co., is up for ratification.
• Five-Year Term Appointment: M/s Vinod Kumar Jain & Co. is proposed for appointment as Statutory Auditors for a term of five consecutive years, from the conclusion of this AGM until the AGM in 2030.
• Secretarial Auditors: Prakul & Kuwnarpreet LLP is proposed for appointment as Secretarial Auditors for five consecutive years, covering FY26 to FY30.

What the Numbers Show

The company reported zero revenue from operations for FY25, consistent with its non-operational status during the transition phase. Total expenses stood at ₹25.90 lakh, resulting in a net loss of ₹19.39 lakh after tax benefits. This contrasts with the previous year's net loss of ₹89.41 lakh on ₹1.00 lakh of other income, indicating a reduction in operational drag despite continued dormancy.

Shareholder Information

Shareholders holding shares as on December 26, 2025, are eligible to vote. Remote e-voting begins on December 28, 2025, at 9:00 am and ends on December 30, 2025, at 5:00 pm. The register of members and share transfer books will remain closed from December 24, 2025, to December 31, 2025.