Reganto Enterprises Limited appointed M/s. Piyush Kothari & Associates as its statutory auditor and approved the re-appointment and appointment of four directors at its 35th Annual General Meeting held on July 15, 2026. The meeting, conducted via video conferencing, approved the audited standalone financial statements for the year ended March 31, 2026. Shareholders sanctioned the appointment of two new independent directors and the re-appointment of two existing directors during the proceedings.

The Board meeting held on April 20, 2026, April 28, 2026, and July 13, 2026, had proposed these appointments, subject to shareholder approval. The firm M/s. Piyush Kothari & Associates, a peer-reviewed partnership established in 2015, was appointed as the statutory auditor. The appointment was formalized along with the re-appointment of Mr. Rajnikantbhai Patel and Mr. Shubham Sanjay Agrawal, and the appointment of Mrs. Dimpy Bansal and Mr. Sudhir Somchandra Agrawal as Non-Executive Independent Directors.

Key Resolutions Passed

The company transacted business through ordinary and special resolutions. The statutory auditor appointment and director appointments were key agenda items, alongside the approval of financial reports.

Director Profiles

Mrs. Dimpy Bansal is a Chartered Accountant engaged in full-time practice since 2006, possessing expertise in accounting, auditing, and taxation. Mr. Sudhir Somchandra Agrawal is a commerce graduate from Savitribai Phule Pune University with experience in agriculture and management. Mr. Rajnikantbhai Patel is engaged in labour contracting and real estate, with over 20 years of experience. Mr. Shubham Sanjay Agrawal is a Civil Engineering graduate from Sinhgad College of Engineering.

The meeting commenced at 01:00 p.m. and concluded at 01:31 p.m. with the requisite quorum present throughout. Mr. Akshaykumar Dineshkumar Patel, Chairperson, addressed the shareholders. The voting results and scrutinizer report will be made available on the company's website, NSDL, and BSE within 48 hours of the meeting.

Reganto Enterprises Limited reported a net profit of ₹1,142.45 lakh for the financial year ended March 31, 2026, a significant decline from ₹4,791.79 lakh in the previous year. Revenue from operations decreased to ₹22,185.57 lakh from ₹62,348.42 lakh in FY25, primarily due to the transition in business operations and margin pressure. The company's computer hardware trading segment remained the operational driver, while newly introduced verticals in infrastructure and construction, integrated technology solutions, strategic resource services, and logistics and air cargo are in the initial phase of development.

The board of directors has scheduled the 35th Annual General Meeting (AGM) for July 15, 2026, through Video Conferencing. The book closure period is set from July 8, 2026, to July 15, 2026, to determine shareholder eligibility. E-voting facilities will be available from July 12, 2026, at 9:00 AM until July 14, 2026, at 5:00 PM.

Financial Performance

The company's financial highlights for the year under review show a contraction in profitability and revenue. Profit before depreciation, interest, and tax stood at ₹1,550.16 lakh, down from ₹6,147.64 lakh in the previous year. Depreciation for the year was ₹0.69 lakh, while interest and financial charges increased to ₹5.62 lakh from ₹0.44 lakh.

Corporate Governance and Board Composition

As on March 31, 2026, the board comprised four members. During FY26, two executive directors resigned on January 27, 2026. The company subsequently appointed new directors to comply with regulatory requirements. Mrs. Dimpy Bansal and Mr. Sudhir Somchandra Agrawal were appointed as Independent Directors on April 20, 2026, and April 28, 2026, respectively. The board now includes Mr. Akshaykumar Dineshkumar Patel as Executive Director (Chairman & CEO), Mr. Zishan Somabhai Meena as Non-Executive and Non-Independent Director, and other independent and non-independent directors.

Auditor's Report and Qualifications

The statutory auditor, Piyush Kothari & Associates Chartered Accountants, issued a qualified opinion. The qualifications relate to the company not realizing certain export proceeds within the prescribed period of six months from the date of export, contravening RBI Notification No. FEMA 23(R)/2015-RB. Additionally, the company has not settled certain import payments within the prescribed period of six months from the date of shipment, as required under Master Direction No. 17/2016-17. The management stated that vendors have not received payments from their contracting parties, and ongoing technical issues at the authorized banking institution have temporarily impacted payment processing capabilities.