Prabhav Industries Limited will hold its 31st Annual General Meeting on Wednesday, September 30, 2026, at 1:30 pm. The meeting will take place at the company's registered office in Surat, Gujarat.

The primary business to be transacted includes the consideration and adoption of the audited financial statements for the financial year ended March 31, 2026. Members will also review the reports of the Board of Directors and the statutory auditors on these statements.

Key Agenda Items

The notice outlines two ordinary resolutions for shareholder approval:

1. Adoption of audited financial statements for FY26 along with Board and Auditor reports.
2. Re-appointment of Mohit Yadav as a Director (Executive), who retires by rotation and offers himself for re-appointment.

Voting and Record Dates

Shareholders eligible to vote are those holding shares as of the cut-off date, Wednesday, September 23, 2026. Remote e-voting facilities will be available via National Securities Depository Limited (NSDL) from September 27, 2026, at 9:00 am until September 29, 2026, at 5:00 pm. Physical voting by ballot paper will also be available at the venue for those who have not voted remotely.

Corporate Governance and Compliance

M/s. K. S. Subrahmanyam & Co serves as the statutory auditor and has issued an unmodified audit report, confirming that the financial statements represent a true and fair view of the company's state of affairs. CS Chirag Jain has been appointed as the scrutinizer to oversee the e-voting process and ballot counting.

The Register of Members and Share Transfer Books will remain closed from September 24, 2026, to September 30, 2026, both days inclusive, for the purpose of the AGM.

Prabhav Industries Limited reported a net profit of ₹0.47 lakh for the quarter ended June 30, 2026 (Q1FY27), marking a return to profitability after recording a loss of ₹0.81 lakh in the previous quarter ended March 31, 2026. The company generated zero revenue from operations, with its total income of ₹2.25 lakh derived entirely from other income sources. This result contrasts with the corresponding quarter of the previous year, where the company posted a profit of ₹0.12 lakh on total income of ₹3.11 lakh. The turnaround in profitability is attributed to a significant reduction in other expenses, which fell to ₹1.01 lakh from ₹2.07 lakh in Q4FY26.

The Board of Directors approved the unaudited financial results and the statutory auditors' limited review report during a meeting held on August 07, 2026, in Surat. In compliance with Regulation 30 and Regulation 33 of the Securities and Exchange Board of India (Listing Obligations and Disclosure Requirements) Regulations, 2015, the company submitted the outcome to the Bombay Stock Exchange. The results were prepared in accordance with the Companies (Indian Accounting Standards) Rules, 2015, prescribed under Section 133 of the Companies Act, 2013.

Financial Performance Overview

The company's operational activity remains minimal, with no revenue from operations, cost of materials consumed, purchases of stock-in-trade, or changes in inventories reported for the quarter. Employee benefits expense decreased to ₹0.77 lakh from ₹0.85 lakh in the prior quarter. Finance costs and depreciation and amortization expenses remained at nil.

Tax expense for the period was nil, comprising no current tax, deferred tax, or earlier year taxes. Consequently, the profit after tax from continuing operations stood at ₹0.47 lakh. There were no discontinued operations or exceptional items reported during the quarter. Earnings per equity share for continuing operations were reported as 0.00, reflecting the negligible profit relative to the paid-up equity share capital of ₹4,608.91 lakh.

What the Numbers Show

The primary driver of the quarterly profit was the contraction in other expenses rather than growth in income. While other income declined slightly to ₹2.25 lakh from ₹2.11 lakh in the preceding quarter, other expenses dropped significantly to ₹1.01 lakh from ₹2.07 lakh. This divergence allowed the company to achieve a positive bottom line despite maintaining zero operational revenue. The year-to-date figures for the period ended March 31, 2026, showed a cumulative loss of ₹1.24 lakh, indicating that the current quarter's performance is an isolated improvement within a broader context of minimal activity.

Corporate Developments

Alongside the financial results, the Board approved a change in the location where the company's books of accounts and other relevant documents are maintained. Effective July 30, 2026, the records will be kept at Plot 230/238, Office No 4A, Basement Anand Niwas, Jagannath Shankarseeth Marg, Mangalwadi, Girgaon, Mumbai - 400004. This move aligns with Section 128 of the Companies Act, 2013. The company also executed a leave and license agreement for this new office space, commencing August 01, 2026, for a period of 33 months.