Mahaalaxmi Texpro Limited will hold its 33rd Annual General Meeting on September 30, 2026. The meeting is scheduled for 11:00 am and will be conducted exclusively through video conferencing or other audio-visual means.

The company confirmed the event date in a regulatory filing submitted to the Bombay Stock Exchange and the National Stock Exchange. The notice was published in newspapers on September 3, 2026, as required under Regulation 47 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015.

Meeting Logistics

Shareholders can participate in the meeting remotely. The company stated that physical presence at a common venue is not required. Detailed instructions for joining the session and casting votes via the electronic voting system are included in the official notice of the meeting.

Members holding shares in demat form must register their email addresses with their respective Depository Participants. Those holding physical shares should provide their email details to the Registrar and Transfer Agent, MUFG Intime India Private Limited.

Annual Report Access

The notice of the AGM and the Annual Report for the financial year ended March 31, 2026, will be sent electronically to members with registered email IDs. Shareholders without registered emails will receive a letter containing a web link to access these documents via post or courier.

Hard copies of the Annual Report will not be dispatched, in line with circulars from the Ministry of Corporate Affairs and SEBI. The documents are also available on the company website and the exchange portals.

Mahaalaxmi Texpro Limited (formerly Abhishek Corporation Limited) reported a narrowed net loss for its first quarter of fiscal year 2027, though operating revenues collapsed to near-zero levels. The Kolhapur-based textile company posted a net loss of ₹15.37 lakh for the quarter ended June 30, 2026, an improvement from the ₹20.68 lakh loss recorded in the corresponding period of FY25.

Despite the reduction in absolute loss, the company’s core business activity virtually stalled. Total income from operations fell 94.6% year-on-year to just ₹0.06 lakh, down from ₹1.11 lakh in Q1FY26. This drastic contraction in top-line revenue suggests a significant slowdown or cessation of primary trading activities during the period.

Financial Performance

The company’s earnings per share (EPS) also reflected the reduced loss burden. Basic and diluted EPS stood at (₹0.46) per share, compared to (₹0.61) per share in the previous year’s quarter. For the full fiscal year ended March 31, 2026, the company had reported a net loss of ₹135.54 lakh.

There were no exceptional or extraordinary items reported for the quarter, meaning the loss figures before and after tax remain identical at ₹15.37 lakh. The total comprehensive income for the period matched the net loss.

What the Numbers Show

The divergence between the narrowing net loss and the collapsing revenue highlights a shift in cost structure rather than operational recovery. With operating income dropping to negligible levels (₹0.06 lakh), the reduction in net loss from ₹20.68 lakh to ₹15.37 lakh implies that fixed operating expenses or overheads have decreased significantly compared to the prior year. This suggests the company may be winding down operations or maintaining a minimal run-rate, as there is no revenue growth to drive profitability.

Governance and Compliance

The unaudited financial results were prepared in accordance with the Companies (Indian Accounting Standards) Rules, 2015 (Ind AS). The Board of Directors, including Managing Director Deepak Choudhari, approved the results in a meeting held on August 14, 2026. The statement was reviewed by the Audit Committee prior to approval.

Mahaalaxmi Texpro Limited is listed on the Bombay Stock Exchange (BSE Code: 532831) and the National Stock Exchange (NSE Code: ABHISHEK). The equity share capital remained unchanged at ₹336.96 lakh.