Lake Shore Realty Limited (formerly Mahaan Foods Limited) has announced that its 39th Annual General Meeting will be held on Wednesday, July 15, 2026. The meeting will be conducted exclusively through video conferencing and other audio-visual means (VC/OAVM) to comply with circulars issued by the Ministry of Corporate Affairs and the Securities and Exchange Board of India. No provision has been made for physical attendance at the meeting.

The facility for the meeting is being provided by Central Depository Services Limited. Members participating through the VC/OAVM facility will be counted for the purpose of reckoning the quorum under Section 103 of the Companies Act, 2013. Shareholders will have the opportunity to cast their votes remotely through the e-voting system during the AGM.

The e-copy of the 39th Annual Report for the Financial Year 2025-26, along with the Notice of the AGM, Financial Statements, and other Statutory Reports, is available on the company's website at www.lakeshorealty.in and on the CDSL website at www.evotingindia.com . The Notice of AGM is also available on the BSE website at www.bseindia.com .

In accordance with SEBI circulars, physical copies of the Notice of AGM and Annual Report will not be sent to any member. The documents will be sent electronically only to members whose email addresses are registered with the company, Registrar & Transfer Agents, or Depository Participants. Members holding shares in dematerialized mode are requested to notify any changes in bank details to their respective DPs.

The company has requested members who have not yet registered their email addresses to do so to receive the Notice and Annual Report electronically. For shares held in physical mode, members must provide Folio No., name, and scanned copies of share certificates, PAN, and Aadhar. For shares held in demat mode, members must provide DPID-CLID, name, client master list, and scanned copies of PAN and Aadhar.

Mahaan Foods reported a 77% decline in net profit to ₹16.41 lakh for the financial year ended March 31, 2026, down from ₹72.85 lakh in the previous year. The company, which changed its name from Mahaan Foods Limited to Lake Shore Realty Limited effective April 22, 2025, recorded revenue from operations of ₹0.30 lakh compared to nil in the prior year. Other income decreased to ₹131.16 lakh from ₹135.80 lakh in FY25, resulting in a total revenue of ₹131.46 lakh.

The Board of Directors approved the audited financial results and the Directors' Report for FY26 at a meeting held on June 19, 2026. Profit before tax for the year stood at ₹23.29 lakh, a significant decrease from ₹96.85 lakh in the previous year. The company provided for current tax of ₹5.87 lakh and deferred tax of ₹0.18 lakh during the year.

Financial Performance

The company's financial statements for the year reflect the transition in its business operations from manufacturing dairy and pharma nutritional products to real estate and infrastructure development. The paid-up share capital remained unchanged at ₹3,50,07,000, divided into 35,00,700 equity shares of ₹10 each.

Management and Governance Changes

During the financial year, the company underwent a significant change in management and control pursuant to a Share Purchase Agreement executed on May 30, 2025. Consequently, several directors resigned, and new appointments were made to the Board. Ms. Bhairavi Chandrakant Goswami was appointed as Managing Director, while Mr. Himanshu Dineshkumar Joshi and Mr. Ankit Dinesh Singh were appointed as CFO and Company Secretary & Compliance Officer, respectively.

The Board was reconstituted post the financial year, with Mr. Narendra Kumar Verma appointed as an Additional Independent Director effective May 15, 2026. Mrs. Ruchi Ghanashyam resigned from the Board effective April 1, 2026. The Audit, Nomination & Remuneration, and Stakeholder Relationship Committees were also reconstituted to align with the new Board composition.

Operational Outlook

The company stated that it is constantly looking for viable business proposals and is formulating business plans for future growth. Its vision involves leading in the development and management of large-scale projects across real estate, infrastructure, hospitality, education, healthcare, and industrial warehousing sectors. The company aims to explore opportunities for growth beyond domestic borders and provide integrated turnkey services.