MPIL Corporation fixes July 3 record date for AGM

1 min read Updated on 21 May 2026, 01:03 PM

Reviewed by

Anirudha BScanX News Team

AI Summary

MPIL Corporation Limited has announced the record date and book closure period for its 67th Annual General Meeting. The AGM is scheduled for July 16, 2026, via video conferencing.

*this image is generated using AI for illustrative purposes only.

MPIL Corporation Limited has fixed Friday, July 3, 2026, as the record date for its 67th Annual General Meeting (AGM). The meeting is scheduled to be held on Thursday, July 16, 2026, at 10.00 a.m. (IST) via Video Conferencing or Other Audio Visual Means.

Pursuant to Regulation 42 of the SEBI Listing Regulations, the Register of Members and Share Transfer Books of the company will remain closed from Thursday, July 9, 2026, to Thursday, July 16, 2026 (both days inclusive). This closure is undertaken to determine the eligibility of shareholders for the AGM.

The following table outlines the key dates for the corporate action:

Security Code	Type of Security and paid-up value	Book Closure	Record Date	Purpose
		From	To
500450	Equity Shares ₹ 10/- each	Thursday July 09, 2026	Thursday July 16, 2026	Friday July 03, 2026

Shareholders are advised to ensure their holdings are recorded in the register of members by the record date to be eligible to participate in the proceedings of the 67th AGM.

Historical Stock Returns for MPIL Corporation

1 Day	5 Days	1 Month	6 Months	1 Year	5 Years
+4.85%	+9.11%	+11.12%	+50.57%	-11.06%	+122.45%

What major strategic decisions or dividend announcements is MPIL Corporation expected to table at its 67th AGM that could impact shareholder value?

How has MPIL Corporation's stock performance trended ahead of previous AGMs, and could institutional investors adjust positions before the July 3, 2026 record date?

Are there any pending regulatory approvals, mergers, or capital restructuring proposals that shareholders might vote on during the 67th AGM?

Financial Performance

Total income for the year ended March 31, 2026, stood at ₹136.00 lakh, a decrease from ₹157.00 lakh in the corresponding period last year. Total revenue from operations remained flat at ₹6.00 lakh. Other income declined to ₹130.00 lakh from ₹151.00 lakh in the previous year. Total expenses for the year increased to ₹472.00 lakh from ₹386.00 lakh in FY25, primarily driven by higher legal and professional charges, which rose to ₹7.00 lakh from ₹33.00 lakh, and other expenses, which increased to ₹383.00 lakh from ₹275.00 lakh.

For the quarter ended March 31, 2026, the company reported a net loss of ₹365.00 lakh, compared to a net loss of ₹236.00 lakh in the same quarter of the previous year. Total income for the quarter was ₹21.00 lakh, down from ₹38.00 lakh in Q4 FY25.

Key Financial Metrics

The following table summarizes the key financial figures for the year ended March 31, 2026:

Particulars	Year Ended March 31, 2026 (₹ in lakhs)	Year Ended March 31, 2025 (₹ in lakhs)
Total Revenue from Operations	6.00	6.00
Other Income	130.00	151.00
Total Income	136.00	157.00
Total Expenses	472.00	386.00
Net Profit/(Loss)	(336.00)	(229.00)
Earnings Per Share (Basic)	(58.82)	(40.06)

Corporate Governance and AGM

The board has approved the holding of the 67th Annual General Meeting of the company on Thursday, July 16, 2026. The notice of the AGM, along with the explanatory statement and directors' report, was approved by the board. M/s. M D Pandya & Associates, Chartered Accountants, audited the financial results and issued an unmodified opinion. The company reported no outstanding defaults on loans or debt securities as of the date of the filing.

Historical Stock Returns for MPIL Corporation

1 Day	5 Days	1 Month	6 Months	1 Year	5 Years
+4.85%	+9.11%	+11.12%	+50.57%	-11.06%	+122.45%

What strategic measures is MPIL Corporation's management likely to present at the 67th AGM to address the widening net losses and declining total income?

Given that revenue from operations has remained stagnant at ₹6.00 lakh for two consecutive years, what new business verticals or revenue streams could the company explore to achieve financial turnaround?

With 'other expenses' surging to ₹383.00 lakh from ₹275.00 lakh, what underlying operational or structural issues might be driving this increase and how could they impact future solvency?