Simran Farms Limited has scheduled its 39th Annual General Meeting (AGM) for Thursday, September 24, 2026. The meeting will commence at 11:30 am Indian Standard Time and will be conducted through Video Conferencing or Other Audio-Visual Means.

Meeting Details

The company issued the notice on August 24, 2026, in compliance with Regulation 47 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015. The AGM aims to transact businesses as outlined in the notice dated August 13, 2026. Shareholders will receive electronic copies of the notice and the Annual Report for FY26 if their email addresses are registered with the company or their Depository Participants.

Shareholder Instructions

Shareholders who have not registered their email addresses must update their details to participate in remote e-voting and receive digital communications. The company provided specific instructions based on holding types:

Regulatory Compliance

The meeting adheres to guidelines from the Ministry of Corporate Affairs and SEBI permitting virtual gatherings without physical presence. Members can access the AGM notice and annual report on the company website and BSE India. The company also highlighted a SEBI circular providing a window from February 5, 2026, to February 4, 2027, for the re-lodgment and dematerialisation of physical securities held before April 1, 2019.

Simran Farms reported a net profit of ₹81.58 lakh for the quarter ended June 30, 2026, representing a 14.2% increase year-on-year from ₹71.46 lakh in Q1FY26. The Indore-based agro-processing firm saw its revenue from operations grow by 4.4% to ₹2,144.3 lakh, up from ₹2,054.6 lakh in the corresponding period of the previous fiscal.

On a consolidated basis, the company recorded a net profit of ₹83.50 lakh, compared to ₹76.17 lakh in Q1FY25. Total comprehensive income for the consolidated entity stood at ₹83.17 lakh, marginally lower than the standalone figure due to other comprehensive income adjustments.

Financial Performance

The company’s pre-tax profit before exceptional items was ₹117.37 lakh on a standalone basis, up from ₹99.72 lakh a year ago. This indicates an improvement in operational profitability despite the modest revenue growth. However, the effective tax rate appears to have increased or remained stable relative to the pre-tax gain, as the post-tax profit growth (14.2%) lagged behind the pre-tax profit growth (17.7%).

What the Numbers Show

A divergence is visible between the company’s absolute profit growth and its earnings per share (EPS) performance. While net profit rose by over 14%, basic EPS fell by nearly 10% to ₹1.70 from ₹1.88. This decline is attributable to the increase in paid-up equity share capital, which expanded to ₹481.0 lakh from ₹379.2 lakh in the previous year. The capital infusion, likely from a rights issue or bonus shares given the significant jump in share count without a corresponding proportional rise in retained earnings (reserves remained at zero), diluted per-share metrics despite stronger bottom-line results.

The full financial results were filed with the stock exchanges under Regulation 33 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015. The company also highlighted a regulatory window for investors to re-lodge physical share transfer deeds submitted before April 1, 2019, as per a SEBI circular dated January 30, 2026.