Omnipotent Industries Limited held its 10th Annual General Meeting (AGM) on September 30, 2026, adopting the standalone and consolidated audited financial statements for FY26 and reappointing Managing Director Gaurav Piplonia.

The meeting, conducted through Video Conferencing and Other Audio Visual Means, commenced at 11:32 am and concluded at 11:38 am IST. The proceedings were transacted in compliance with SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015, specifically Regulation 30 read with Para A of Part A of Schedule III.

Agenda items resolved

The shareholders approved the following ordinary business items:

• Adoption of the Standalone and Consolidated Audited Financial Statements for the year ended March 31, 2026, along with the Board of Directors' report and Auditors' report.
• Appointment of Gaurav Piplonia, the Director liable to retire by rotation.

Management commentary

During the address, Chairman and Managing Director Gaurav Piplonia highlighted the company's performance and strategic developments for FY26. He outlined key initiatives undertaken during the fiscal year, emphasizing a focus on diversification, restructuring, and strengthening compliance systems to ensure sustainable growth.

CS Sonam Jain, a Practicing Company Secretary from Thane, served as the scrutinizer to oversee the remote e-voting and e-voting process during the meeting. The company confirmed that no shareholder requests were received to register as speaker shareholders, nor were any queries submitted by members prior to the conclusion of the session.

Omnipotent Industries Limited reported a net loss of ₹39.76 lakh for the financial year ended March 31, 2026, narrowing from a loss of ₹424.60 lakh in the prior year. The company recorded zero revenue from operations for FY26, compared to ₹2013.48 lakh in the previous year, while total income stood at ₹0.43 lakh. The Board of Directors approved the audited standalone financial results for the quarter and year ended March 31, 2026, during a meeting held on July 17, 2026.

The statutory auditor, M/s. Motilal & Associates LLP, issued an audit report with an unmodified opinion on the financial results. The report confirms that the results are presented in accordance with Regulation 33 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015, and provide a true and fair view in conformity with Indian Accounting Standards. The auditor noted that the results are based on interim financial statements and should be read in conjunction with the audited financial statements for the year ended March 31, 2026.

Financial Performance

The company’s total expenses for FY26 decreased to ₹37.76 lakh from ₹2452.35 lakh in the previous year. Employee benefit expenses for the year were ₹10.47 lakh, while other expenses stood at ₹27.29 lakh. Depreciation and amortization expenses were nil for the year, compared to ₹39.63 lakh in FY25. The basic and diluted earnings per share (EPS) for FY26 was reported at a loss of ₹0.66, an improvement from the loss of ₹7.02 per share in the previous year.

The following table summarizes the audited standalone financial results for the year ended March 31, 2026:

Board Appointments and Disclosures

The Board appointed Mr. Himesh Solanki as the Company Secretary and Compliance Officer of the company effective July 17, 2026. The appointment was made pursuant to Regulation 30 read with Schedule III of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015. Mr. Solanki brings experience in corporate governance and secretarial practices to the role.

Additionally, the company informed shareholders about a special window initiated by SEBI for the re-lodgement of physical share transfer deeds. This window is effective from February 05, 2026, to February 04, 2027. Securities re-lodged during this period will be issued only in demat mode and will be subject to a lock-in period of one year from the date of registration of transfer.