Manor Estates and Industries Limited declared that all items of business at its 34th Annual General Meeting were approved with requisite majority. The company disclosed detailed voting results on October 1, 2026, following the meeting held on September 30, 2026.

The Board moved two primary motions for voting, which were passed via poll. These included the adoption of audited financial statements for FY26 and the re-appointment of Nalini Agarwal as a director retiring by rotation. The scrutinizer, Mr. Kashinath Sahu, submitted his report on October 1, 2026, confirming the outcomes.

Voting breakdown for financial statements

Shareholders voted on the adoption of the audited standalone financial statements for the fiscal year ended March 31, 2026. The resolution received overwhelming support across both remote e-voting and physical poll modes.

The consolidated data shows that out of 36,66,419 valid votes cast, only 623 votes were cast against the resolution, representing 0.017% of the total valid votes.

Director re-appointment results

Nalini Agarwal (DIN: 07164298) was re-appointed as a director. While the resolution passed comfortably, it attracted slightly more dissent in the remote e-voting segment compared to the financial statements adoption.

In the remote e-voting category, 21.53% of votes were cast against the re-appointment. However, due to the significant weightage of promoter holdings voting via poll, the consolidated support remained at 99.95%.

Meeting details and attendance

The meeting took place at the company's registered office in Kallakal Village, Medak District, Telangana. It commenced at 11:00 am and concluded by 12:00 noon. Thirty members attended the meeting in person or through proxies. Sri. Rishabh Agarwal, Whole-time Director and Promoter, chaired the proceedings.

Remote e-voting facilities were provided to enable electronic voting, while ballot voting was available for those present who had not voted earlier. The remote e-voting window opened on September 26, 2026, and closed on September 29, 2026.

Mr. Kashinath Sahu served as the scrutinizer for the voting process. Mr. E. V. Raj Kumar represented M/s Nataraja Iyer & Co. Other attendees included Mr. Anil Agarwal (CFO) and Ms. Krati Garg (Company Secretary). Detailed voting results have been submitted to the stock exchanges.

Manor Estates and Industries Limited reported a net loss of ₹72.14 lakh for the financial year ended March 31, 2026, compared to a net profit of ₹59.78 lakh in FY25. The company’s total income dropped sharply to ₹7.62 lakh, driven entirely by other income, as revenue from operations fell to zero.

The firm submitted its annual report along with the notice for its 34th Annual General Meeting (AGM), scheduled for September 30, 2026. Shareholders will vote on the adoption of audited financial statements and the re-appointment of Smt. Nalini Agarwal as a non-executive director.

Financial Performance

Revenue from operations, which stood at ₹141.67 lakh in FY25 from plot sales, declined to nil in FY26. Total income was restricted to interest income on fixed deposits amounting to ₹7.62 lakh, down from ₹8.50 lakh in the previous year.

Total expenses decreased marginally to ₹79.76 lakh from ₹84.73 lakh in FY25. Employee benefit expenses remained stable at ₹56.64 lakh, while other expenses rose to ₹21.53 lakh from ₹14.89 lakh. Depreciation increased slightly to ₹1.43 lakh. No dividend was recommended for the year.

What the Numbers Show

The shift from profitability to a loss is primarily structural rather than operational. With revenue from operations at zero, the company’s ₹7.62 lakh income is derived solely from interest on bank deposits. This indicates that the real estate project remains dormant, with no sales activity occurring during the period. The persistent employee costs, largely comprising director remuneration, continue to outpace the minimal income generated from idle cash reserves.

Operational Updates

Management noted that work on the company’s real estate project is progressing slower than expected. Final layout permission is anticipated in the current quarter. The board mentioned receiving good enquiries from prospective customers but highlighted lukewarm NRI investment interest due to geopolitical factors. The company is also exploring the purchase of real estate assets in peripheral areas of major metro cities.

Balance Sheet Highlights

As of March 31, 2026, total assets stood at ₹323.22 lakh, down from ₹378.01 lakh in the prior year. Inventories, comprising land and work-in-progress development expenses, remained unchanged at ₹208.22 lakh. Cash and cash equivalents increased to ₹4.51 lakh from ₹0.92 lakh, while fixed deposits decreased to ₹100.00 lakh from ₹150.00 lakh.

Equity share capital remained constant at ₹823.50 lakh. However, accumulated losses widened, resulting in negative other equity of (₹1,118.34 lakh). Borrowings from related parties reduced to ₹50.41 lakh from ₹60.06 lakh. No secured or unsecured loans were outstanding from banks or financial institutions.