Sujala Trading & Holdings Ltd has scheduled its 45th Annual General Meeting (AGM) for September 30, 2026. The company will close its register of members from September 24 to September 30, 2026, to determine voting eligibility.

The Kolkata-based firm’s board met on September 5, 2026, to finalize the agenda. The session included the reappointment of the managing director, the addition of two independent directors, and the appointment of a secretarial auditor.

Book Closure Details

The register of members will remain closed from Thursday, September 24, 2026, to Wednesday, September 30, 2026 (both days inclusive). There is no separate record date specified.

Board Appointments

The board proposed several appointments subject to shareholder approval at the upcoming AGM:

• Subhadeep Mukherjee (DIN: 03060827): Reappointed as Managing Director for three years from March 27, 2026, to March 26, 2029. His monthly remuneration is set at ₹26,000.
• Pankaj Jain (DIN: 11114458): Appointed as Additional Director (Non-Executive Independent) for five years from September 5, 2026, to September 4, 2031. Jain is a Chartered Accountant with over ten years of experience in finance and restructuring.
• Vipin Shantilal Champawat (DIN: 06369837): Appointed as Additional Director (Non-Executive Independent) for five years from September 5, 2026, to September 4, 2031. Champawat brings experience in industry operations.
• Priyankar Basu Mallick (DIN: 07096098): Proposed for reappointment as Director, retiring by rotation. He is an Advocate with experience in legal and compliance matters.

Audit and Compliance

The board appointed M/s Suprabhat & Co., led by Mr. Suprabhat Chakraborty, as the Secretarial Auditor for five financial years from 2026-27 through 2030-31. Chakraborty was also designated as the scrutinizer for the 45th AGM.

AGM Logistics

The meeting will be conducted through Video Conferencing (VC) or Other Audio Visual Means (OAVM) at 1:00 pm IST. Key dates for shareholders include:

Shareholders holding shares as on the cut-off date can cast votes electronically via CDSL or NSDL platforms. Physical attendance is dispensed with per MCA circulars.

Sujala Trading & Holdings Ltd reported a net loss of ₹22.3 lakh for the financial year ended March 31, 2026, significantly lower than the ₹1.37 crore loss recorded in the previous year. The Kolkata-based non-banking financial company (NBFC) posted revenue from operations of ₹80.5 lakh, a sharp decline from ₹148.5 lakh in FY25.

The firm's total income stood at ₹81.1 lakh, driven primarily by interest received on loans, while total expenses contracted to ₹83.3 lakh from ₹162.2 lakh. Despite the reduction in losses, the company recorded negative earnings per share of -₹0.04 for the period.

Financial Performance

Revenue from operations, which comprises interest income on loans, dropped by over 45% year-on-year. Total expenses also saw a substantial decrease, largely due to lower bad debt provisions and other operating costs. The company did not declare any dividend for the year.

Balance Sheet Signals

As of March 31, 2026, the company's loans and advances stood at ₹164.8 crore, down from ₹228.9 crore in the prior year. Borrowings decreased significantly to ₹12.8 crore from ₹79.2 crore. Cash and cash equivalents declined to ₹43.6 lakh from ₹38.0 lakh.

What the Numbers Show

Bad debts accounted for ₹50.3 lakh of other expenses in FY26, compared to ₹124.8 lakh in FY25. This nearly 60% reduction in bad debt provisioning was a primary driver behind the contraction in total expenses and the narrowing of the net loss, despite the significant drop in interest income.

Corporate Governance Updates

The company announced several board changes in its annual report. Mr. Subhadeep Mukherjee is seeking reappointment as Managing Director for a three-year term. Additionally, shareholders are being asked to approve the appointment of Mr. Vipin Shantilal Champawat and Mr. Pankaj Jain as independent directors for five-year terms. M/s. Suprabhat & Co has been proposed as the secretarial auditor for five years.