Sotefin Bharat Limited approved its audited financial statements for the year ended March 31, 2026, during its 14th Annual General Meeting held on September 26, 2026. The company reported a 24.40% increase in revenue and a 41% rise in net profit compared to the previous fiscal year.

This meeting marked the first AGM following the company's listing on the BSE SME Platform. Executive Director Jignesh P. Sanghavi highlighted robust cash flows and near-nil debt levels as key drivers of the improved bottom line. The board also ratified the appointment of Mr. P. V. Subramanian as Secretarial Auditor for five consecutive financial years from FY26 to FY30.

Growth metrics and balance sheet health

The company demonstrated strong operational performance in FY26. Revenue expanded by 24.40%, while net profit grew by approximately 41%. This disproportionate growth in profit relative to revenue suggests effective cost management or operating leverage, although specific margin figures were not disclosed in the summary. The management emphasized that cash flows remained robust and debt levels were negligible, providing a solid foundation for future expansion.

Strategic plans for FY27

Looking ahead to FY27, Sotefin Bharat outlined several strategic initiatives aimed at scaling operations. The company targets an order book of approximately ₹200 crore and maintains a working capital cycle of around 120 days. Key projects include:

• Diversification into parking projects in Bengaluru and Pune through special purpose vehicles.
• An Automated Storage and Retrieval System (ASRS) container storage project at the Port of JNPA, Mumbai, with an initial order book of approximately ₹70 crore.
• Ongoing expansion of the manufacturing facility at Bagnan, West Bengal.

Voting outcomes

All resolutions placed before the members were passed with requisite majority. The voting results were identical for all three items, reflecting unanimous support from the participating shareholders.

The e-voting process was conducted through Bigshare Services Private Limited. The remote e-voting period ran from September 23 to September 25, 2026. Members present via Video Conferencing could vote during the meeting until 15 minutes after its conclusion.

What the numbers show

A significant divergence exists between the promoter and public participation rates. Promoters voted 99.70% of their holding, while public institutions voted only 26.26% and public non-institutions voted 32.97%. This indicates high promoter alignment with the board's proposals but relatively lower engagement from the public shareholder base, which is common for newly listed SME entities but worth monitoring for future governance assessments.

Sotefin Bharat has scheduled its 14th Annual General Meeting for Saturday, September 26, 2026, at 11:00 am. The meeting will be conducted via video conferencing to adopt the audited financial statements for the fiscal year ended March 31, 2026.

The company notified the Bombay Stock Exchange on September 3, 2026, pursuant to Regulation 34(1) of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015. The notice is also available on the company's website.

Key Agenda Items

Shareholders will transact ordinary business including the adoption of the Board of Directors' and Auditors' reports. The meeting will also address the re-appointment of Mr. Arup Choudhuri as a director.

Mr. Choudhuri, who serves as Chairman and Managing Director, retires by rotation. He attended all 16 board meetings during FY25-26. His last drawn remuneration was ₹51.00 lakhs per annum. He holds no directorships in other listed entities as of March 31, 2026.

Special Business

The AGM will seek shareholder approval for the ratification of Mr. P.V. Subramanian as Secretarial Auditor. The appointment covers a five-year tenure from FY25-26 to FY29-30.

This resolution aligns with Regulation 24A of the SEBI LODR Regulations following the company's listing on the BSE SME Platform on July 23, 2026. Mr. Subramanian had previously been appointed by the Board prior to listing and has already issued the audit report for FY25-26.

Voting and Participation Details

Remote e-voting will be facilitated by Bigshare Services Private Limited. The voting period runs from Wednesday, September 23, 2026, at 9:00 am to Friday, September 25, 2026, at 5:00 pm. The record date for voting eligibility is Saturday, September 19, 2026.

Members can join the virtual meeting via the Bigshare platform. Institutional investors are encouraged to participate. Questions from shareholders must be submitted by Friday, September 18, 2026, at 5:00 pm.