Maharashtra Corporation Limited has scheduled its 44th Annual General Meeting (AGM) for Wednesday, September 30, 2026. The meeting will be held at Vyanjan Banquet Hall in Mumbai.

The company will transact business as outlined in the AGM notice. Shareholders can participate via remote e-voting facilitated by National Securities Depository Limited (NSDL).

Meeting Details

The AGM is scheduled for 12:00 pm at the Vyanjan Banquet Hall, located at 46, First Floor, Oshiwara Link Plaza, Andheri West, Mumbai. The event complies with Section 91 and Section 108 of the Companies Act, 2013.

E-Voting Process

Remote e-voting will be available from Sunday, September 27, 2026, at 8:00 am to Tuesday, September 29, 2026, at 5:00 pm. The facility will be blocked immediately after the deadline.

Eligibility for voting is determined by the register of members as on the cut-off date of Wednesday, September 23, 2026. This applies to shareholders holding shares in physical or dematerialised form.

Book Closure

Pursuant to Section 91 of the Companies Act, 2013, and Regulation 42 of the Listing Regulations, the Register of Members and Share Transfer Books will remain closed from Thursday, September 24, 2026, to Wednesday, September 30, 2026. Both days are inclusive.

Accessing the Notice

The AGM notice and Annual Report for FY26 have been sent electronically to members with registered email addresses. The documents are also available on the company website and BSE Limited website.

Maharashtra Corporation reported a net loss of ₹22.52 lakh for the quarter ended June 30, 2026, marking a narrowing from the ₹30.31 lakh loss recorded in the same period of the previous fiscal year. The Mumbai-based listed entity generated zero total income from operations during the quarter, continuing a trend of nil operational revenue observed in both the preceding quarter and the corresponding period of FY25. This lack of operational inflow underscores the ongoing absence of core business activity, keeping investors focused on the company’s balance sheet stability rather than earnings growth.

The financial results were approved by the Board of Directors in a meeting held on August 11, 2026, and subsequently filed with the Bombay Stock Exchange under Regulation 47 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015. The unaudited standalone results were also published in newspaper advertisements on August 12, 2026, in Active Times (English Edition) and Mumbai Lakshdeep (Marathi Edition), ensuring compliance with disclosure norms for public shareholders.

Financial Performance Overview

The company’s net loss before tax, exceptional, and extraordinary items stood at ₹22.52 lakh for Q1FY27, identical to the post-tax net loss figure. This represents a significant improvement over the ₹30.31 lakh loss posted in Q1FY26. In the immediately preceding quarter (Q4FY26), the company had reported a narrower net loss of ₹0.96 lakh before tax and ₹1.55 lakh after tax. For the full fiscal year ended March 31, 2026, Maharashtra Corporation incurred a cumulative net loss of ₹36.03 lakh.

Total comprehensive income for the quarter mirrored the net loss at ₹22.52 lakh, indicating no other comprehensive income items such as unrealized gains or losses on investments or foreign currency translation adjustments impacted the bottom line. The company’s reserves, excluding revaluation reserve, were not disclosed as positive figures, reflecting the accumulated deficit position carried forward from previous periods.

Capital Structure and Shareholder Impact

Maharashtra Corporation’s equity share capital remained stable at ₹6,209.49 lakh throughout the reporting period, with no new issuances or buybacks announced. The basic and diluted earnings per share (EPS) for the quarter were negligible at ₹(0.00), consistent with the prior quarter and the same period last year. For the full fiscal year FY26, the basic EPS was ₹(0.01).

The company did not declare any dividend for the quarter, aligning with its current loss-making status. With zero operational income, the primary focus for management appears to be cost containment and preserving capital until core business activities resume. Investors are advised to monitor future filings for any strategic shifts or revival plans that could alter the current trajectory of nil revenue generation.