Landmark Property Development Company Limited has filed its annual report for FY26, reporting a net profit of ₹149.42 lakh against a loss of ₹372.15 lakh in the previous year. The company also scheduled its 50th Annual General Meeting (AGM) for September 21, 2026, seeking approval for an extension of the refund timeline from related party Eterna Living Private Limited.

The financial results reflect a significant turnaround driven by higher revenue from operations and reduced provisions. Revenue from operations rose to ₹734.86 lakh in FY26, up from ₹117.30 lakh in FY25. This increase was primarily due to sales of flats and plots. Other income stood at ₹81.55 lakh, contributing to the overall profitability.

Financial Performance

The company’s total income reached ₹816.41 lakh in FY26, compared to ₹176.58 lakh in FY25. Total expenses were ₹618.13 lakh, down from ₹533.08 lakh in the prior year, although this includes a decrease in inventory changes rather than a reduction in operational costs. Notably, the provision for expected credit loss on advances/loans was zero in FY26, compared to ₹400.00 lakh in FY25, significantly impacting the bottom line.

Eterna Living Refund Extension

A key agenda item for the upcoming AGM is the approval for extending the timeline for the refund of outstanding amounts by Eterna Living Private Limited (formerly Ansal Landmark (Karnal) Township Private Limited). Under a Refund and Settlement Agreement dated March 27, 2026, Eterna agreed to refund ₹35.26 crore.

Eterna has paid an aggregate amount of ₹8.15 crore towards this obligation. The balance amount of ₹27.11 crore was originally due by September 26, 2026. The Board recommends extending this deadline to March 31, 2027, citing delays in Eterna’s realization of funds from another group housing sale transaction due to pending government approvals.

AGM Details

The 50th AGM will be held on Monday, September 21, 2026, at 11:30 am via Video Conferencing or Other Audio-Visual Means (VC/OAVM). Shareholders holding shares as of the cut-off date will be eligible to vote electronically.

• Eligibility Cut-off Date: September 14, 2026
• E-voting Commencement: September 18, 2026, at 9:00 am
• E-voting Conclusion: September 20, 2026, at 5:00 pm

Mr. Rahul Dhupar, a Practicing Company Secretary, has been appointed as the Scrutinizer for the voting process. The meeting aims to transact ordinary business, including the adoption of audited financial statements, and special business regarding the Eterna refund extension.

What the Numbers Show

The shift from a net loss to a net profit is largely attributable to the absence of a ₹400 lakh provision for expected credit losses that impacted FY25 results. While revenue growth is substantial, the profit margin expansion is disproportionately high relative to top-line growth, indicating that cost controls and non-recurring accounting adjustments played a pivotal role in the current year's performance. The company’s cash position strengthened significantly, with cash and cash equivalents rising to ₹99.93 lakh from ₹3.46 lakh in the previous year.

Source: https://lodr-files.dhan.co/lodr-inputs/Company/INE197J01017/2634197f-aabc-4b8f-8754-299362d9f5d3.pdf

Landmark Property Development has notified the Bombay Stock Exchange and the National Stock Exchange of India that its Registrar and Share Transfer Agent (RTA) services are now being performed by MUFG Intime India Private Limited. This transition is not a fresh appointment but a statutory consequence of the amalgamation of the company’s previous RTA, C B Management Services (P) Limited, with MUFG Intime India Private Limited. The amalgamation was approved by the National Company Law Tribunal and became effective on May 8, 2026.

Amalgamation and Statutory Vesting

The change in RTA provider occurred by operation of law rather than through a new commercial selection process by Landmark Property Development. Pursuant to the Scheme of Amalgamation approved by the Hon'ble National Company Law Tribunal, all assets, rights, liabilities, obligations, records, undertakings, and contracts held by C B Management Services (P) Limited vested in MUFG Intime India Private Limited on May 8, 2026.

As a result of this legal vesting, MUFG Intime succeeded to the role of RTA for Landmark Property Development. The company emphasized that this continuity ensures no disruption in share transfer or registration services for shareholders, as the existing contractual framework remains intact under the new entity.

Formalization of Agreement

To formally document the continuation of the service arrangement, Landmark Property Development executed a Registrar and Share Transfer Agent Agreement with MUFG Intime India Private Limited on July 31, 2026. This step ensures that the corporate records reflect the current legal status of the RTA relationship following the statutory merger.

Updated RTA Details

Shareholders and market participants are advised to update their records with the contact details of the new RTA entity. The relevant particulars are provided below:

Procedural Compliance

The intimation was issued to the Department of Corporate Services at BSE Limited (Scrip Code: 533012) and the Listing Department at NSE India Ltd (Ref: LPDC). The notice was signed by Ankit Bhatia, Company Secretary of Landmark Property Development Company Limited, on August 3, 2026. The company’s registered office remains located at 11th Floor, Narain Manzil, 23, Barakhamba Road, New Delhi.