Lexora Global Limited concluded its 41st Annual General Meeting on September 29, 2026, adopting the audited financial statements for the fiscal year ended March 31, 2026. The meeting, conducted via video conferencing, also saw the appointment of a new secretarial auditor and the reappointment of a retiring director.

The meeting commenced at 5:00 pm and concluded at 5:07 pm. Vinubhai Nanjibhai Vekaria, Managing Director, chaired the session and confirmed the presence of the requisite quorum. Following an oral presentation on the company's performance by the Chairman, members voted on three ordinary resolutions.

Key resolutions passed

The shareholders considered and approved the following items as outlined in the notice convening the meeting:

Procedural details

Alakh Vasantbhai Mangroliya, Whole Time Director and Chief Financial Officer, signed the disclosure submitted to BSE Limited. The company stated that detailed voting results, as required under Regulation 44(3) of the Listing Regulations, will be disclosed in due course.

Lexora Global Limited was formerly known as Yash Trading and Finance Limited. The company's registered office is located in Mumbai, with its corporate office in Rajkot, Gujarat.

Lexora Global has scheduled its 41st Annual General Meeting (AGM) for September 29, 2026, to adopt the audited financial statements for FY26. The company reported a consolidated net profit of ₹14.01 lakh, reversing a net loss of ₹24.06 lakh in the previous year, driven by operational revenue from its wholly-owned subsidiary.

The AGM will convene via Video Conferencing/Other Audio-Visual Means (VC/OAVM). Shareholders can exercise their voting rights through remote e-voting from September 26 to September 28, 2026. The record date for determining eligibility to attend and vote is September 22, 2026.

Financial Performance

The consolidated results reflect the integration of Solarfusion Renewables Private Limited, which became a 100% subsidiary during the year. The standalone entity continued to report no revenue from operations.

The consolidated revenue of ₹19.45 lakh stems entirely from the subsidiary's operations in the renewable energy sector. Other income increased to ₹1.87 lakh from ₹0.01 lakh in the prior year, primarily comprising interest income.

What the Numbers Show

The divergence between standalone and consolidated figures highlights the strategic shift toward renewable energy operations. While the holding company incurred a standalone loss of ₹2.51 lakh against minimal other income of ₹0.10 lakh, the subsidiary generated sufficient operating profit to turn the group result positive. The consolidated tax expense of ₹1.55 lakh reflects the profitability of the subsidiary, whereas the standalone entity reported no tax liability due to its accumulated losses.

Corporate Governance and Board Changes

The Board of Directors has undergone significant changes during FY26. Mr. Vinubhai Nanjibhai Vekaria was appointed as Managing Director, while Mr. Alakh Vasantbhai Mangroliya serves as Chief Financial Officer. Several independent directors resigned or were appointed during the year, including Ms. Riddhi Ankit Virpariya and Mr. Chandresh Chhaganbhai Kyada.

Mr. Manan Pavankumar Trivedi, a Whole-time Director, retires by rotation and seeks reappointment at the AGM. He holds an 8.40% stake in the company and has over 10 years of experience in renewable energy structuring and financial modeling.

Capital Structure and Subsidiaries

The company increased its issued, subscribed, and paid-up equity share capital to ₹10 crore through a preferential issue of 7 million shares at ₹12 per share. The authorized share capital was also raised to ₹40 crore.

Solarfusion Renewables Private Limited remains the sole subsidiary, engaged in the supply, installation, and commissioning of solar power systems. The group has no joint ventures or associate companies. No dividend is recommended for the current financial year.