Spinaroo Commercial Limited held its 14th Annual General Meeting (AGM) on June 08, 2026, adopting the audited financial statements for the financial year ended March 31, 2026. The meeting, conducted via Video Conferencing and Other Audio Visual Means (VC/OAVM), was chaired by Mr. Aditya Todi, Managing Director. Shareholders approved the financial results alongside the reports of the Board of Directors and the Auditors. The statutory auditors' report contained no qualifications or observations.

The company sought shareholder approval for four key resolutions. Ordinary business included the adoption of standalone financial statements and the re-appointment of Mr. Aditya Todi, who retires by rotation. Special business focused on corporate governance and financial flexibility, specifically increasing limits for loans and investments exceeding the ceiling prescribed under Section 186 of the Companies Act, 2013. Shareholders also approved a special resolution to increase the overall maximum managerial remuneration limits payable under Section 197 of the Companies Act, 2013 and Regulation 17(6) of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015.

Ms. Sneha Agarwal, Practicing Company Secretary, served as the scrutinizer for the voting process. The report confirms that all items on the agenda were passed with the requisite majority. A total of 16 members cast their votes, all through remote e-voting. The remote e-voting period commenced on June 5, 2026, at 9:00 A.M. IST and concluded on June 7, 2026, at 5:00 P.M. IST. The facility for members present at the AGM remained open for 15 minutes before the proceedings concluded at 12:40 P.M. IST.

Voting Results Summary

The total number of votes polled represented 75.46% of the total outstanding shares. Promoter and Promoter Group held 3,333,340 shares, while Public Non-Institutions held 3,660,660 shares. The meeting confirmed the presence of all directors, including chairpersons of the Audit, Stakeholders Relationship, and Nomination and Remuneration Committees.

Spinaroo Commercial Limited has scheduled its 14th Annual General Meeting (AGM) for the financial year 2025-26 on Monday, June 08, 2026, at 12:30 P.M. IST. The meeting will be conducted through Video Conferencing (VC) or Other Audio Visual Means (OAVM). Shareholders recorded in the register of members as on the cut-off date of Monday, June 01, 2026, will be eligible to participate in remote e-voting, which commences on June 5, 2026.

Financial Performance for FY 2025-26

The company reported a net profit of ₹53.63 Lacs for the financial year ended March 31, 2026, compared to ₹143.83 Lacs in the previous year. Revenue from operations stood at ₹3,926.78 Lacs, slightly decreasing from ₹3,931.47 Lacs in FY 2024-25. The total income for the year was ₹3,927.73 Lacs. Profit before tax was ₹75.39 Lacs, with a tax expense of ₹21.76 Lacs.

AGM Agenda and Resolutions

The agenda includes the adoption of audited standalone financial statements for FY 2025-26 and the re-appointment of Mr. Aditya Todi, who retires by rotation. Special business items include a resolution to increase the limit for loans and investments by up to ₹6 Crores beyond the statutory ceiling. Additionally, the company seeks approval to increase the overall maximum managerial remuneration limit from 11% to 30% of net profits.

Management and Appointments

The Board accepted the resignation of Mr. Harsh Satish Udeshi as Internal Auditor, effective May 14, 2026, and appointed Mr. Shivam Rajgarhia for FY 2026-27. Mrs. Megha Khanna serves as the Company Secretary and Compliance Officer. The Board of Directors comprises Mr. Aditya Todi as Chairman and Managing Director, Mr. Amit Sultania as Executive Director and CFO, and Independent Directors Mr. Rajesh Kumar Murarka and Mrs. Shikha Gupta.