Simplex Realty Limited has scheduled its 113th Annual General Meeting (AGM) for Wednesday, August 5, 2026, at 12:30 p.m. (IST) via Video Conference. The meeting will transact ordinary business, including the adoption of audited financial statements for the year ended March 31, 2026, and special business regarding the re-appointment of Managing Director Shri Nandan Damani and Joint Managing Director Shri Sanjay N Damani. The company reported a total income of ₹1,577.18 lakh and a net loss of ₹360.64 lakh for FY26, primarily due to the reversal of deferred tax assets.

Key Resolutions and Appointments

Shareholders will vote on the re-appointment of Shri Nandan Damani as Chairman and Managing Director for a three-year term from June 29, 2026, to June 28, 2029. His remuneration package includes a basic salary of ₹3,08,667 per month and a house rent allowance of ₹1,54,333 per month. Shri Sanjay N Damani is proposed for re-appointment as Joint Managing Director for a term from June 1, 2026, to May 31, 2029, with a basic salary of ₹71,667 per month. Additionally, the meeting seeks approval for the appointment of Ms. Geeta Prabhakaran and Smt. Sita Sunil as directors, and a revision in remuneration for Whole-time Director Smt. Sandhya R Kini to ₹76,500 per month effective April 1, 2026.

E-Voting and Participation Details

Remote e-voting will be available from August 2, 2026, at 9:00 a.m. to August 4, 2026, at 5:00 p.m. The cut-off date for determining voting rights is July 29, 2026. Members can participate in the virtual meeting through the NSDL e-voting platform. The scrutinizer for the e-voting process is Shri Binit Kumar, a Practicing Company Secretary.

Financial Performance

For the financial year 2025-26, Simplex Realty Limited recorded a total income of ₹1,577.18 lakh compared to ₹1,259.97 lakh in the previous year. The company reported a loss before tax of ₹47.36 lakh and a net loss of ₹360.64 lakh for the year. The loss was attributed to the reversal of deferred tax assets following the lapse of brought-forward losses.

The Annual Report 2025-26 is available on the company's website. The registered office of Simplex Realty Limited is located at 30, Keshavrao Khadye Marg, Sant Gadge Maharaj Chowk, Mumbai – 400011.

Source: https://lodr-files.dhan.co/lodr-inputs/Company/INE167H01014/26c3743c-ecb7-4240-ab2a-595474c18d55.pdf

Simplex Mills Company Limited reported a net loss of ₹1,719.61 thousand for the financial year ended March 31, 2026, widening from a net loss of ₹317.25 thousand in the previous year. The company's total income fell to ₹7,594.45 thousand from ₹7,856.81 thousand in FY25. The loss was primarily attributed to higher finance costs and other expenses, which offset the income generated during the period.

Financial Performance

The company’s financial results indicate a decline in profitability despite operational activities. The loss before exceptional items and tax stood at ₹1,719.61 thousand, contrasting with a loss of ₹317.25 thousand in the previous year.

Board Appointments

The board has approved the appointment of Shri Shrikrushna N. Pawar as an Additional Director in the category of Non-Executive Independent Director for a term of five years commencing from June 16, 2026, subject to shareholder approval. Additionally, the board will consider the re-appointment of Shri Shekhar R Singh, who retires by rotation at the upcoming Annual General Meeting.