Reetech International Limited adopted its audited standalone and consolidated financial statements for the year ended March 31, 2026, during its 18th Annual General Meeting (AGM) held on September 23, 2026. The meeting also saw the re-appointment of Roma Ahuja as a director liable to retire by rotation.

The AGM was convened at the company's registered office in Raipur, Chhattisgarh, at 1:00 pm. Mahendra Ahuja, Managing Director, chaired the proceedings. A total of 11 members attended the meeting, satisfying the requisite quorum as declared by the chairman.

Key resolutions passed

The shareholders transacted both ordinary and special business items as set out in the notice dated August 25, 2026. The following resolutions were approved with the requisite majority:

• Adoption of Financial Statements: Approval of the annual audited standalone and consolidated financial statements along with reports thereon.
• Director Re-appointment: Appointment of Roma Ahuja (DIN: 00247153) as a director liable to retire by rotation.
• Alteration of MoA: Approval of the alteration of the object clause of the Memorandum of Association by inserting additional objects.
• Related Party Transactions: Approval of material related party transactions under Section 188 of the Companies Act, 2013.

Governance and voting details

The company secretary informed members that e-voting facilities were not provided, citing exemptions available to SME listed companies. Instead, voting was conducted via ballot paper at the venue. Nitin Agrawal, Proprietor of M/s Nitin Agrawal & Co., served as the scrutinizer to ensure a fair and transparent voting process.

The statutory auditor's report and the secretarial audit report did not contain any qualifications or adverse remarks. The scrutinizer is expected to submit the consolidated voting results within two working days of the meeting's conclusion, after which the results will be disseminated to the stock exchanges and published on the company website.

No queries were raised by members during the open forum segment of the meeting. The proceedings concluded at 2:00 pm with thanks extended to employees and stakeholders for their contributions.

Reetech International Limited has scheduled its 18th Annual General Meeting (AGM) for Wednesday, September 23, 2026, at 1:00 pm at its registered office in Raipur. The company approved its board report and secretarial audit for FY26 during a board meeting held on August 25, 2026.

The company clarified that a previous covering letter inadvertently mentioned the AGM date as September 23, 2025, due to a typographical error. The correct date remains September 23, 2026, as stated in the Annual Report.

Key Agenda Items

The AGM notice outlines four primary resolutions for shareholder approval:

• Adoption of standalone and consolidated financial statements for the financial year ended March 31, 2026.
• Re-appointment of Mrs. Roma Ahuja as a director, who retires by rotation.
• Approval of material related-party transactions under Section 188 of the Companies Act, 2013.
• Alteration of the object clause in the memorandum of association to include new business activities.

Expansion into Real Estate

A significant special resolution seeks to alter the company's object clause by inserting additional objects related to real estate and land trading. The proposed expansion aims to diversify beyond its existing coal trading operations.

The new objects will enable the company to:

• Purchase, acquire, hold, and develop land and immovable properties.
• Undertake real estate development and construction activities.
• Conceptualize and operate logistics parks, warehousing facilities, and industrial parks.

The explanatory statement notes that this alteration is an addition to existing objects and does not affect current business activities, including coal trading. Management believes this diversification provides avenues for growth and value creation.

Related Party Transactions

Shareholders are also asked to approve material related-party transactions for availing or rendering services with the following entities, each capped at ₹10 crore:

These transactions are reviewed by the Audit Committee and are conducted on an arm’s length basis in the ordinary course of business.

Financial Performance

For FY26, the company reported a standalone profit after tax (PAT) of ₹19.33 lakh, reversing a loss of ₹25.37 lakh in FY25. Total income stood at ₹188.82 lakh, down from ₹1,330.23 lakh in the previous year, primarily due to non-generation of revenue from operations.

On a consolidated basis, including the share of profit from associate M. Ahuja Projects India Private Limited, the PAT was ₹40.99 lakh against a loss of ₹433.51 lakh in FY25. The net worth increased to ₹1,505.16 lakh as of March 31, 2026, from ₹1,485.83 lakh in the prior year.

Governance and Compliance

The Board appointed M/s Nitin Agrawal & Co as the scrutinizer for physical ballot voting at the upcoming AGM. The register of members and transfer books will remain closed from September 16, 2026, to September 23, 2026. Voting rights are determined based on shareholding as of the cut-off date, September 16, 2026.

Mahendra Ahuja, Managing Director, signed the outcome letter addressed to the Listing Compliance Department of the Bombay Stock Exchange.