SC Agrotech reported a profit after tax (PAT) of ₹333.98 lakh for the financial year ended March 31, 2026, marking a significant increase from ₹18.93 lakh in the previous year. The company recorded total revenue from operations of ₹8,806.04 lakh, compared to nil in FY25, driven by agri-trading sales and new business initiatives.

Financial Performance

The company’s total income stood at ₹8,806.12 lakh, with other income contributing a marginal ₹0.08 lakh against ₹247.33 lakh in the prior year. Total expenses were recorded at ₹8,337.51 lakh, up from ₹180.70 lakh in FY25. Profit before tax reached ₹468.61 lakh, after accounting for tax expenses of ₹134.63 lakh.

Capital Raise and Shareholding

During the year, SC Agrotech issued 7 crore fully convertible equity warrants at ₹16 each, raising substantial capital. The paid-up share capital increased from ₹599.50 lakh to ₹7,599.50 lakh. The authorized share capital was also enhanced to ₹77 crore. The company did not declare any dividend for the period under review.

Corporate Developments

The Board proposed shifting the registered office from Delhi to Ahmedabad, Gujarat, to integrate business functions and optimize administrative expenses. This requires shareholder approval via a special resolution at the upcoming Annual General Meeting (AGM) scheduled for September 30, 2026. The AGM will also seek approval for the regularization of Mr. Saurabh as an independent director.

What the Numbers Show

The surge in trade receivables to ₹5,420.29 lakh from ₹38.45 lakh in the prior year indicates a rapid expansion in credit sales or delayed collections relative to the new revenue base. Simultaneously, inventory levels rose to ₹2,904.87 lakh, reflecting significant stock buildup to support the newly initiated trading operations.

SC Agrotech held a Board of Directors' meeting on September 7, 2026, to approve the notice for its upcoming Annual General Meeting and formalize plans to shift its registered office from Delhi to Gujarat.

The board also approved the draft Directors' Report for the financial year ended March 31, 2026. These decisions pave the way for shareholder approval at the 36th AGM scheduled for September 30, 2026.

Key Board Resolutions

The board transacted several key businesses during the meeting:

• Shift of Registered Office: Approved moving the registered office from the State of Delhi to Gujarat. This includes consequent changes to Clause II of the Memorandum of Association (MOA), subject to shareholder and regulatory approvals.
• AGM Notice Approval: Fixed the date, time, and venue for the 36th AGM and approved the draft notice to be sent to members.
• Directors' Report: Approved the draft report for FY26.

AGM Details

The 36th Annual General Meeting will be conducted via Video Conferencing or Other Audio Visual Means on September 30, 2026, at 4:30 pm. Shareholders on record as of September 23, 2026, are eligible to participate.

Voting Process

Remote e-voting through the National Securities Depository Limited (NSDL) platform will be available from September 27, 2026, to September 29, 2026. M/s SCS and Co LLP has been appointed as the scrutinizer for the voting process.

What the Numbers Show

The formal board approval of the registered office shift signals a concrete step in SC Agrotech's operational restructuring. While specific cost savings are not disclosed in the current filing, the move from Delhi to Gujarat aligns with the company's stated goal of optimizing administrative expenses and integrating business functions.