Multipurpose Trading and Agencies Limited has re-appointed M/s Deepak Somaiya & Co. as its Secretarial Auditor for the financial years 2026-28. The Board of directors approved the appointment on May 30, 2026, pursuant to Section 204 of the Companies Act, 2013. The firm will conduct the secretarial audit for two consecutive financial years.

The decision was taken during a board meeting held on May 30, 2026. The re-appointment is in compliance with Regulation 30 read with Schedule III of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015, and SEBI Circular CIR/CFD/CMD/4/2015 dated September 9, 2015.

M/s Deepak Somaiya & Co., a firm of Company Secretaries registered with the Institute of Company Secretaries of India (ICSI), brings over 30 years of professional experience. The firm specializes in Company Law compliances, advisory, Foreign Exchange, SEBI listing compliances, and transaction support services.

The consent for the re-appointment was provided by CS Deepak Somaiya, proprietor of the firm. The auditor's office is located at F-7A, Defence Enclave, Goyla Tajpur Road, New Delhi-110071.

Details of Appointment

Multipurpose Trading and Agencies Limited reported a net loss of ₹46.78 lakh for the financial year ended March 31, 2026, compared to a net profit of ₹17.08 lakh in the previous year. The company's board approved the audited standalone financial results for the quarter and year ended March 31, 2026, at a meeting held on May 30, 2026. The statutory auditor, M/s Karmv & Company, issued an unmodified opinion on the financial results.

Financial Performance

Total income for the year stood at ₹37.39 lakh, down from ₹36.09 lakh in the previous year. The company reported no revenue from operations. Other operating income decreased to ₹37.39 lakh from ₹36.09 lakh. Total expenses surged to ₹82.92 lakh from ₹18.03 lakh, primarily driven by a significant increase in finance costs to ₹66.19 lakh from ₹0.97 lakh.

For the quarter ended March 31, 2026, the company reported a net profit of ₹4.10 lakh, compared to ₹5.21 lakh in the same period last year. Total income for the quarter was ₹8.22 lakh.

Auditor's Report

The auditor's report highlighted an emphasis of matter regarding ₹2 crore given to M/s One City Promoters Private Limited, a company under the same management, for a real estate project in FY14. The company has neither received any share in the project nor the money back, with a net balance of ₹1.46 crore outstanding in the current year.

Board Decisions

The board approved the re-appointment of M/s Deepak Somaiya & Co., Company Secretaries, as the secretarial auditor for the financial years 2026-28. The meeting was conducted in compliance with Regulation 33 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015.