Shri Vasuprada Plantations sets book closure for 152nd AGM

0 min read     Updated on 22 Jul 2026, 08:40 PM
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Shri Vasuprada Plantations Ltd announced a book closure from August 25 to August 31, 2026, for its 152nd AGM scheduled on August 31, 2026, via video conferencing, as approved by the Board on May 22, 2026.

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Shri Vasuprada Plantations Ltd has scheduled the closure of its register of members and share transfer books from August 25, 2026 to August 31, 2026. This measure is implemented to facilitate the 152nd Annual General Meeting of the company's members. The meeting is set to take place on August 31, 2026, utilizing video conferencing and other audio visual means.

The decision to hold the AGM through digital means was proposed and considered by the Board of Directors during its meeting on May 22, 2026. The company has communicated this schedule to BSE Limited in compliance with Regulation 42 of the SEBI (Listing Obligations & Disclosure Requirements) Regulations, 2015.

The following table outlines the specific details regarding the book closure and the associated purpose:

Name of the Security Date of Book Closure Purpose
Equity Shares 25-08-2026 to 31-08-2026 (Both Days Inclusive) Annual General Meeting

Shareholders are advised to take note of these dates to ensure their eligibility to participate in the proceedings of the 152nd Annual General Meeting.

Historical Stock Returns for Shri Vasuprada Plantations

1 Day5 Days1 Month6 Months1 Year5 Years
0.0%-4.05%+1.53%-1.90%-14.31%+32.05%

What key agenda items and resolutions are expected to be proposed during the 152nd Annual General Meeting?

How will the company ensure high shareholder participation and engagement through the virtual meeting format?

Will the company declare any dividends or announce strategic business shifts during the upcoming AGM?

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Shri Vasuprada FY26 net loss at ₹711.85 lakh

1 min read     Updated on 23 May 2026, 07:09 PM
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Shri Vasuprada Plantations Limited reported a consolidated net loss of ₹711.85 lakh for the financial year ended March 31, 2026, compared to a net profit of ₹609.63 lakh in the previous year. Standalone net loss for the year was ₹699.03 lakh, while revenue from operations increased to ₹14361.93 lakh on a consolidated basis. The Board of Directors approved the audited results on May 22, 2026.

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Shri Vasuprada Plantations Limited has announced its audited standalone and consolidated financial results for the quarter and year ended March 31, 2026. The Board of Directors approved the results at a meeting held on May 22, 2026. The company also submitted the newspaper advertisement for these audited financial results to the BSE on May 23, 2026, as required under Regulation 30 of the SEBI (LODR) Regulations, 2015.

Financial Performance

For the financial year ended March 31, 2026, the company reported a consolidated net loss of ₹711.85 lakh, compared to a net profit of ₹609.63 lakh in the previous year. On a standalone basis, the net loss for the year was ₹699.03 lakh, widening from the net profit of ₹568.66 lakh reported in FY25. Revenue from operations for the year increased to ₹14361.93 lakh on a consolidated basis from ₹13240.26 lakh in the previous year.

In the quarter ended March 31, 2026, the consolidated net loss stood at ₹655.68 lakh, while standalone net loss was ₹506.47 lakh. Total consolidated income for the quarter was ₹1819.06 lakh.

Key Metrics

The following table summarizes the standalone financial performance for the year ended March 31, 2026:

Parameter: Year Ended 31.03.2026 (₹ in Lakhs) Year Ended 31.03.2025 (₹ in Lakhs)
Revenue from Operations 13385.40 12257.99
Total Income 13620.28 12612.49
Total Expenses 14352.74 12944.68
Net Profit/(Loss) for the period (699.03) 568.66

Operational Highlights

The company operates across Tea, Coffee, and Rubber segments. For the year ended March 31, 2026, the Tea segment reported revenue of ₹7519.52 lakh, while Coffee and Rubber segments contributed ₹1976.35 lakh and ₹3754.10 lakh respectively. The results for the rubber segment include income from the sale of rubber trees that had exhausted their bearing life, initiated following approvals from the Kerala Forest Department.

Regulatory Disclosures

The statutory auditors, M/s. Singhi & Co., issued an unmodified opinion on the audited standalone and consolidated financial results. The company also provided a security cover certificate confirming compliance with the covenants of the Debenture Trust Deed for its listed secured non-convertible debentures. As of March 31, 2026, the company's current liabilities exceeded its current assets, though management believes it can meet financial obligations based on anticipated cash flows and banking facilities.

Historical Stock Returns for Shri Vasuprada Plantations

1 Day5 Days1 Month6 Months1 Year5 Years
0.0%-4.05%+1.53%-1.90%-14.31%+32.05%

What specific cost-reduction measures or operational restructuring plans does Shri Vasuprada Plantations intend to implement to return to profitability in FY27, given that total expenses grew faster than revenue in FY26?

How sustainable is the rubber segment's revenue contribution considering it partially relied on one-time income from the sale of exhausted rubber trees, and what replanting strategy is the company pursuing?

With current liabilities exceeding current assets as of March 31, 2026, what is the risk of covenant breaches on the listed non-convertible debentures, and could the company face refinancing challenges in the near term?

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