Sellwin Traders Limited published the notice for its 46th Annual General Meeting on September 4, 2026. The company will hold the meeting on September 29, 2026, at 3:00 pm via video conferencing to approve FY26 financials.

The publication was made pursuant to Regulation 30 of SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015. The notice appeared in 'Financial Express' (English) and 'Arthik Lipi' (Bengali). The dispatch of the notice was completed on September 3, 2026.

Meeting Agenda

The primary objective of the AGM is to transact ordinary business. This includes the adoption of standalone and consolidated audited financial statements for the year ended March 31, 2026. Shareholders will also consider the reappointment of Monil Navinchandra Vora as a director liable to retire by rotation. Mr. Vora holds a Bachelor of Commerce degree and CA Intermediate qualification and has served on the board since February 13, 2023.

Additionally, shareholders will appoint M/s. Parth R. Shah & Co. (FRN: 153846W) as statutory auditors. The firm’s tenure will extend from the conclusion of this AGM until the conclusion of the 51st AGM, covering a period of five years.

E-Voting and Logistics

Central Depository Services (India) Limited (CDSL) has been engaged to facilitate remote e-voting. The voting window opens on September 26, 2026, at 9:00 am and closes on September 28, 2026, at 5:00 pm. Only shareholders holding shares as on the record date of September 22, 2025, are eligible to vote.

Mr. Ankur Dineshchandra Gandhi serves as the scrutinizer for the voting process. In compliance with Ministry of Corporate Affairs circulars, physical presence is not required, and proxy appointments are not available. Body corporates may appoint authorized representatives by uploading a certified board resolution. The register of members and share transfer books will remain closed from September 23, 2026, to September 29, 2026.

Sellwin Traders Limited reported a sharp contraction in profitability for the first quarter of FY26, with standalone net profit plunging 90% year-on-year to ₹29.84 lakh. The decline was driven by a dramatic drop in other income, which fell from ₹138.94 lakh in Q1FY25 to just ₹2.34 lakh in the current period. While revenue from operations grew 5.5% YoY to ₹909.25 lakh, the loss of non-operating gains significantly eroded the bottom line, highlighting a heavy reliance on one-off items for past profitability.

The Board of Directors approved the unaudited financial results at a meeting held on August 10, 2026, in Mumbai. The filing was submitted pursuant to Regulation 33 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015. Statutory Auditors Parth R Shah and Co. issued a limited review report, stating that nothing came to their attention to suggest the statements contained material misstatements or failed to disclose required information under the Listing Regulations.

Standalone Financial Performance

Standalone revenue from operations rose to ₹909.25 lakh in Q1FY26, up from ₹860.03 lakh in the same quarter last year. However, total expenses increased to ₹873.05 lakh from ₹867.22 lakh (adjusted for comparability). The most significant variance was in other income, which dropped by ₹136.60 lakh YoY. Consequently, profit before tax fell from ₹331.11 lakh to ₹38.55 lakh. After accounting for current tax expenses of ₹8.71 lakh, the net profit for the period stood at ₹29.84 lakh, compared to ₹306.51 lakh in Q1FY25. Earnings per share (basic) declined to ₹0.01 from ₹0.14.

Consolidated Results

On a consolidated basis, which includes subsidiaries Mannibhadra Aggro Private Limited, Patel & Patel E-Commerce & Services Private Limited, SDF Production Private Limited, and Damask Jewellery Private Limited, revenue from operations grew 13.2% YoY to ₹1,420.52 lakh. Total revenue reached ₹1,422.86 lakh. Despite higher operational sales, consolidated net profit fell 87% YoY to ₹41.36 lakh from ₹314.47 lakh. The consolidated other income also dropped sharply to ₹2.34 lakh from ₹138.94 lakh. Basic EPS for the group stood at ₹0.02, down from ₹0.14 in the previous year.

What the Numbers Show

The divergence between operational revenue growth and the collapse in net profit underscores Sellwin Traders' historical dependency on non-operating income. In Q1FY25, other income contributed over 40% of total revenue and nearly 100% of the profit margin buffer. With this stream virtually dried up in Q1FY26, the company's core operating margins appear thin. Standalone operating profit (revenue minus cost of purchases and direct expenses) remains positive but modest, suggesting that future earnings sustainability will depend on improving core trading margins rather than incidental gains.