Krishna Ventures Limited concluded its Annual General Meeting on Tuesday, September 29, 2026, at 3:00 pm. The meeting was conducted entirely through video conferencing and other audio-visual means, adhering to regulatory provisions for virtual shareholder interactions.

The proceedings were chaired by Renu Kaur, Non-Executive Non-Independent Director. Key management personnel present included Neeraj Gupta, Managing Director; Shaifali Nehriya, Company Secretary and Compliance Officer; and Shivam Garg, Chief Financial Officer. Other attendees included Namrata Sharma and Saloni, both Non-Executive Non-Independent Directors.

Agenda items deliberated

The meeting focused on two primary ordinary business items. Members were asked to receive, consider, and adopt the audited financial statements for the financial year ended March 31, 2026. This included the balance sheet, statement of profit and loss, cash flow statement, and the Board's report alongside the statutory auditor's report.

Additionally, the shareholders considered the appointment of a director in place of Arunkumar Verma, who retired by rotation and offered himself for re-appointment. The meeting concluded at 3:16 pm after facilitating voting on these resolutions.

Voting results and scrutiny

In compliance with the Companies Act, 2013, and SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015, the company provided electronic voting facilities. Remote e-voting commenced at 9:00 am on Saturday, September 26, 2026, and closed at 5:00 pm on Monday, September 28, 2026.

Teena Rani, proprietor of MSTR & Associates, Company Secretaries, served as the scrutinizer for the remote e-voting process. The company stated that voting results would be communicated to the exchange and uploaded to its website following the receipt of the scrutinizer's report.

The scrutinizer's report confirmed that both ordinary resolutions were passed with the requisite majority. A total of 64 members cast votes via e-voting, representing 6,241,579 votes in favor across both agenda items. Only 2 votes were cast against the resolutions, resulting in a 99.99% approval rate among those who voted.

Voting breakdown by category

Attendance details

The AGM saw no shareholders attending in person or through proxy. However, participation was recorded through video conferencing. Three representatives from the Promoters & Promoter Group and 51 public shareholders attended the virtual meeting. The total number of shares on the record date was 3,006, though the voting data reflects a larger outstanding share capital base of 10,800,000 shares used for vote calculation.

Krishna Ventures Limited reported a net profit of ₹29.87 lakh for the financial year ended March 31, 2026 (FY26), marking a significant turnaround from a net loss of ₹87.56 lakh in FY25. The company’s revenue from operations expanded sharply to ₹946.87 lakh, up from ₹172.59 lakh in the previous year.

The Board of Directors approved the audited financial results during a meeting held on August 24, 2026. The company has scheduled its 44th Annual General Meeting (AGM) for September 29, 2026, at 3:00 pm, to be conducted through video conferencing or other audio-visual means.

Financial Performance

Revenue from operations grew substantially, reflecting increased business activity. Other income also rose slightly to ₹47.87 lakh from ₹44.09 lakh in FY25. Total income for the year stood at ₹994.74 lakh, compared to ₹216.68 lakh in the prior period.

Total expenditure was recorded at ₹965.03 lakh, up from ₹304.04 lakh in FY25. Despite the higher expense base, the company managed to generate a profit before tax of ₹29.71 lakh. Tax expenses were minimal at ₹0.16 lakh, resulting in the final net profit figure.

Key Dates for AGM

The company has fixed specific dates for the record closure and voting process to ensure compliance with regulatory requirements. Shareholders can participate remotely via e-voting between September 26 and September 28, 2026. The notice for the AGM was dispatched on August 29, 2026.

Director Reappointment

The primary agenda item for the AGM is the reappointment of Mr. Arunkumar Verma (DIN: 02546086) as an Executive Director. He retires by rotation and is eligible for reappointment under Section 152 of the Companies Act, 2013. Mr. Verma has over thirty years of experience in real estate development, construction, and leasing.

Corporate Governance and Auditors

The Board took note of the Certificate on Corporate Governance issued by M/s. MSTR & Associates, Company Secretaries, covering the financial year ended March 31, 2026. The statutory auditor, M/s. Vivek Mittal & Associates, issued an unmodified opinion on the standalone financial statements and internal financial controls.

Neeraj Gupta, Managing Director, signed the disclosure filed with the BSE Listing Department. The annual report and AGM notice are available electronically on the company’s website.