Mapro Industries has scheduled its 54th Annual General Meeting (AGM) for Wednesday, September 30, 2026. The meeting will be conducted through Video Conferencing or Other Audio Visual Means (OAVM) starting at 11:30 am.

Corporate Governance and AGM

Shareholders holding shares as of the cut-off date, September 23, 2026, are eligible to vote. The company has engaged National Securities Depository Limited (NSDL) to provide the remote e-voting facility.

Remote e-voting will commence on Sunday, September 27, 2026, at 9:00 am and conclude on Tuesday, September 29, 2026, at 5:00 pm. Members who have cast their votes remotely can attend the AGM but cannot vote again. Those who have not voted remotely may exercise their right to vote during the meeting.

The Board consists of Managing Director Umesh Kumar Kanodia and independent directors including Santosh Lama and Shambhu Kumar Agarwal. Shareholders will also vote on the reappointment of Mr. Sunil Kumar Jajodia as a director and the adoption of audited financials.

Financial Performance

Mapro Industries reported a 14% rise in net profit for FY26, reaching ₹30.7 million compared to ₹26.9 million in the previous year. This gain was primarily driven by higher other income, which surged to ₹141.3 million from ₹93.2 million, offsetting a decline in operational revenue.

Total revenue from operations fell 3% to ₹17.4 million as the company engaged in civil construction contracts. However, other income saw a significant jump, largely due to interest on loans rising to ₹95.5 million from ₹92.9 million. Commission income contributed ₹45.5 million to the total other income.

Expenses rose to ₹117.7 million from ₹57.2 million, with employee benefits increasing to ₹28.4 million from ₹22.5 million. Other expenses climbed to ₹88.6 million, reflecting higher operational costs including civil work expenses of ₹8.2 million.

Balance Sheet and Cash Flow

The company's total assets grew to ₹268.4 million from ₹262.5 million. Non-current assets stood at ₹261.3 million, dominated by long-term loans and advances of ₹253.8 million. Current assets increased to ₹70.5 million, driven by trade receivables of ₹40.9 million and cash balances of ₹18.9 million.

Liabilities expanded to ₹51.6 million, including a new unsecured borrowing of ₹1 crore from Bhumi Nirman Pvt. Ltd. Trade payables rose sharply to ₹12.0 million from ₹0.96 million. The company maintained an equity base of ₹263.2 million, with retained earnings improving to a deficit of ₹20.6 million from ₹23.7 million.

Mapro Industries has scheduled a meeting of its Board of Directors for September 5, 2026. The primary agenda is to determine the date and time for the company’s Annual General Meeting (AGM) for the financial year ended March 31, 2026.

The meeting will be held in Mumbai. The Board intends to approve the draft notice for the AGM along with other related documents required for the forthcoming meeting.

Key Agenda Items

The Board will consider the following matters during the session:

• Fixing the day, date, and time of the AGM to be conducted through video conferencing mode for FY26.
• Determining the book closure date for the purpose of the AGM.
• Approving the draft notice of the AGM and associated documents.
• Appointing a scrutinizer to conduct the voting process for the AGM for FY2025-26.
• Addressing any other matter with the permission of the Chair.

Regulatory Disclosure

The company issued the intimation on September 1, 2026, under Regulation 29 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015. The disclosure was submitted to the BSE Limited, Department of Corporate Filings.

Lokeshwar Kondapalli Rao, Chief Financial Officer, signed the communication on behalf of the company.