Sophia Traexpo Ltd has submitted the voting results and combined scrutinizer's report for its 43rd Annual General Meeting held on September 30, 2026. All five resolutions proposed at the meeting were passed with the requisite majority, confirming the adoption of financial statements and key governance appointments.

The meeting commenced at 11:30 am at the registered office in Hyderabad. Chairman Yerrapragada Mallikarjuna Rao chaired the session, confirming the requisite quorum was present. Voting results for remote e-voting and poll were announced following the submission of the scrutinizer's report on October 1, 2026.

Board meeting schedule

The company has not yet fixed the date for the Board Meeting to approve and consider the financial results. Management stated that the specific date for the board meeting will be intimated to stock exchanges in due course of time.

Resolutions passed

The following items were transacted at the meeting:

Voting details

The total number of shareholders on the record date (September 23, 2026) was 109. Four shareholders attended in person or through proxy, while 21 public shareholders participated. Video conferencing facilities were not arranged for promoters or public shareholders.

For Resolutions 1 through 4, a total of 3,230,348 votes were polled out of 5,100,000 outstanding shares. Promoters and promoter group cast 2,550,000 votes, while public non-institutional shareholders cast 680,348 votes. No votes were cast against any of these resolutions.

For Resolution 5, concerning the material related party transaction with M/s SR Constructions, promoters abstained from voting as they were interested in the agenda. Public non-institutional shareholders cast 680,348 votes in favour, resulting in the resolution being passed.

Compliance details

The trading window for designated persons remains closed from October 1, 2026, until 48 hours after the declaration of un-audited financial results for Q2FY27. This closure ensures compliance with SEBI (Prohibition of Insider Trading) Regulations, 2015.

Remote e-voting facilities were provided through Central Depository Services (India) Limited from September 27 to September 29, 2026. Mrs. N. Vanitha served as the Scrutinizer for the voting process.

Sophia Traexpo reported a net loss of ₹12.57 lakh for the financial year ended March 31, 2026 (FY26), improving from a loss of ₹19.82 lakh in the previous year. The company recorded zero revenue due to operational shutdowns but reduced its operating expenses significantly.

The board has scheduled the 43rd Annual General Meeting (AGM) for Wednesday, September 30, 2026, at 11:30 am. The meeting will address ordinary business, including the adoption of financial statements and director re-appointments, alongside special business items involving a material related-party transaction and an alteration to the Memorandum of Association.

Financial Performance

The company did not generate any revenue from operations or other income during FY26, citing plant shutdowns and operational challenges. Total expenses fell to ₹12.57 lakh from ₹19.82 lakh in FY25, driven by a sharp decline in other expenses.

Employee benefit expenses remained stable at ₹5.38 lakh. Other expenses dropped to ₹7.20 lakh from ₹14.43 lakh, primarily due to the absence of expected credit loss provisions that impacted the prior year.

Annual General Meeting Agenda

The 43rd AGM will be held at the company’s registered office in Hyderabad. Shareholders on record as of September 23, 2026, are eligible to vote. Remote e-voting will be available from September 27 to September 29, 2026.

Ordinary Business

• Adoption of audited financial statements for FY26.
• Re-appointment of Mr. Yerrapragada Mallikarjuna Rao as a director upon retirement by rotation.

Special Business

Re-Appointment of Independent Director: The shareholders will vote on the re-appointment of Mr. Durga Venkata Vara Chadalawada Prasad Rao as a Non-Executive Independent Director for five years, commencing November 11, 2026.

Alteration of MOA: The board proposes inserting a new sub-clause 1(a) into Clause III.A of the Memorandum of Association. This amendment expands the company’s object clause to include trading, import, export, and distribution of various goods, including granite, marble, natural stones, minerals, and building materials. This change aims to diversify business activities beyond its current paper products focus.

Material Related-Party Transaction: The company seeks approval for a material related-party transaction with M/s SR Constructions Company, a partnership firm linked to promoters. The aggregate value is capped at ₹12 crore for the period between the 43rd and 44th AGMs.

The explanatory statement notes that the promoters have expertise in granite trading. Since the company had no turnover in FY26, the transaction value cannot be expressed as a percentage of annual consolidated turnover. However, it represents 74.41% of the related party’s annual turnover of ₹16.13 crore for FY26.