Roni Households Limited concluded its 9th Annual General Meeting on September 30, 2026, through video conferencing. The meeting saw the adoption of financial statements for the year ended March 31, 2026, and the re-appointment of key management personnel.

The session commenced at 12:00 pm and concluded at 12:15 pm. Harish Manohar Sirwani, Chairman and Managing Director, chaired the proceedings. The Board of Directors appointed M/s. Mittal V. Kothari & Associates as the scrutinizer to oversee the voting process conducted via the National Securities Depository Limited platform.

Key resolutions passed

Shareholders voted on seven items of ordinary and special business. The resolutions covered the adoption of statutory documents, directorial appointments, and related party transactions.

Governance and audit updates

The Statutory Auditor’s Report for FY26 was unqualified, indicating no material misstatements in the financial accounts. However, the Secretarial Audit Report for the same period contained certain qualifications and observations, which were read aloud alongside management’s replies during the meeting.

Directors present included Nidhi Harish Sirwani, Manish Gurumukhdas Karera, Shital Bhagvan Kharche, and Arvind Durgashankar Pande. The Company Secretary, Priyanka Madan Tambatkar, facilitated the procedural aspects, noting that no shareholders registered to speak during the virtual session.

Roni Households has confirmed its 9th Annual General Meeting will be held on Wednesday, September 30, 2026, via video conferencing. The meeting will address the company’s net loss of ₹49.57 lakh for FY26 and approve related-party transactions.

The notice of the AGM, along with the Annual Report for FY25-26, was dispatched to members electronically on September 8, 2026. Newspaper advertisements were published in "Active Times" on September 9, 2026, and in "Tarun Bharat" on September 8, 2026.

Financial Performance

Revenue from operations contracted sharply to ₹237.14 lakh in FY26, down from ₹778.12 lakh in the prior year. This decline was accompanied by a rise in other income to ₹144.47 lakh from ₹7.16 lakh, resulting in a total income of ₹381.61 lakh against ₹785.28 lakh previously.

Total expenses before depreciation, finance cost, and tax fell to ₹376.85 lakh from ₹638.25 lakh. However, depreciation costs increased to ₹51.53 lakh from ₹46.82 lakh, while finance costs decreased slightly to ₹17.69 lakh from ₹19.78 lakh. These factors contributed to a pre-tax loss of ₹64.28 lakh, compared to a profit of ₹80.44 lakh in FY25.

What the Numbers Show

The divergence between operating performance and net results is notable. While revenue declined significantly, other income surged to ₹144.47 lakh, constituting approximately 38% of total income. This non-operational inflow partially offset the operational drag, as evidenced by the pre-tax loss widening despite lower absolute expenses compared to the previous year.

Related Party Transactions

Shareholders will vote on omnibus approvals for material related-party transactions for FY27. The company seeks authorization for transactions aggregating up to ₹10 crore with R S Industries, a sole proprietorship of Non-Executive Director Mrs. Nidhi Sirwani. These transactions involve the sale and purchase of goods and services.

Additionally, the board proposes borrowing limits of up to ₹5 crore each from Chairman and Managing Director Mr. Harish Sirwani and Mrs. Nidhi Sirwani. These loans are unsecured, interest-free, and repayable on demand, intended to meet working capital requirements. Promoters and the promoter group will abstain from voting on these resolutions.

Corporate Governance

Mr. Harish Manohar Sirwani retires by rotation and seeks re-appointment as Chairman and Managing Director. The meeting also includes the re-appointment of M/s. D G M S & Co as statutory auditors until the conclusion of the 14th AGM in 2031.

E-Voting and AGM Details

The cut-off date for eligibility to vote is Wednesday, September 23, 2026. Remote e-voting will commence at 9:00 am on Sunday, September 27, 2026, and end at 5:00 pm on Tuesday, September 29, 2026. Members who have cast their votes remotely may attend the AGM but cannot vote again.

Members holding shares in physical or demat mode without registered email addresses must register via ronihouseholds@gmail.com or evoting@nsdl.com to participate. The AGM will be conducted through Video Conferencing/Other Audio-Visual Means as per MCA Circular No. 03/2025.