Multipurpose Trading & Agencies Ltd has scheduled a board meeting for September 2, 2026, to consider and approve its audited financial statements for the fiscal year ending March 31, 2026. The meeting will also address the reappointment of director Ashish Singh and the recommendation of statutory auditors.

The Board of Directors will convene at 11:30 am at the company’s corporate office in New Delhi. Pursuant to Regulation 29(1)(a) of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015, the company issued an advance intimation regarding the agenda items for consideration.

Key Agenda Items

The board will focus on several critical corporate governance and compliance matters:

• Financial Approvals: Taking note of the audited financial statements and recommending them for shareholder approval. This includes considering the secretarial audit report and the draft annual report with necessary annexures.
• Director Reappointment: Appointing a director in place of Mr. Ashish Singh (DIN: 00066423), who retires by rotation. Being eligible, he has offered himself for reappointment. The board will also consider appointing independent directors, subject to member approval.
• Auditor Appointment: Recommending the reappointment of M/s KARMV AND COMPANY as the statutory auditors of the company.
• AGM Logistics: Fixing the date, time, and venue for the 48th Annual General Meeting (AGM). The board will also approve the draft notice for the AGM and determine the book closure and cutoff dates.
• E-Voting Arrangements: Appointing a depository agency and a scrutinizer for the purpose of e-voting during the AGM.
• Regulatory Filings: Authorizing the signing and filing of the balance sheet, annual return, and other documents with the Registrar of Companies, stock exchanges, depositories, and the registrar and transfer agent.

Corporate Governance

Ashish Singh serves as the Managing Director and Chairman of the company. The intimation was signed by him on August 24, 2026, from Delhi. The company confirmed that this information is available on its website and the BSE Limited website.

Multipurpose Trading and Agencies Limited reported a net profit of ₹1.11 lakh for the quarter ended June 30, 2026, reversing a net loss of ₹59.62 lakh recorded in the same period of the previous fiscal year. The company’s total income for the quarter was ₹8.35 lakh, primarily derived from other operating income, as revenue from operations remained nil.

The turnaround in profitability was largely attributable to a sharp decline in finance costs. Interest expenses fell to ₹0.21 lakh in Q1FY26, down significantly from ₹65.60 lakh in Q1FY25. This reduction helped offset other operational expenses, which included employee benefits of ₹2.00 lakh and other expenses of ₹4.66 lakh. Consequently, the company posted a profit before tax of ₹1.48 lakh, compared to a loss before tax of ₹59.62 lakh in the prior year.

Financial Performance

The earnings per share (EPS) stood at ₹0.02 for the current quarter, an improvement from a negative EPS of (₹1.20) in the corresponding period of FY25. For the full fiscal year ended March 31, 2026, the company had reported a net loss of ₹46.78 lakh.

What the Numbers Show

The divergence between total income and total expenses highlights the impact of financing structure on the company’s bottom line. While total income decreased by approximately 34% year-on-year (from ₹12.70 lakh to ₹8.35 lakh), total expenses contracted dramatically by over 90% (from ₹72.32 lakh to ₹6.87 lakh). This disproportionate drop in expenses, driven almost entirely by the near-elimination of finance costs, was the primary factor enabling the company to return to profitability despite lower top-line inflows.

Corporate Governance Updates

In its meeting held on August 14, 2026, the Board of Directors also approved the reappointment of M/s Deepak Somaiya & Co., Company Secretaries, as the internal auditor of the company. The appointment is valid for conducting secretarial audits for the financial years 2026-27 and 2027-28, in compliance with Section 138 of the Companies Act, 2013.

The unaudited financial results were reviewed by KarmV and Company, Chartered Accountants, who issued a limited review report stating that nothing came to their attention to cause them to believe the financial statements were not prepared in accordance with applicable accounting standards.