Svaraj Trading & Agencies has scheduled its 46th Annual General Meeting for September 30, 2026. The event will be conducted through video conferencing or other audio-visual means, adhering to SEBI listing regulations.

Meeting Details

The company notified the Bombay Stock Exchange on September 3, 2026, regarding the upcoming shareholder meeting. In compliance with Regulation 30 and Regulation 47 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015, Svaraj Trading published advertisements in The Financial Express and Mumbai Lakshadeep.

Shareholders can participate remotely without physical presence at a common venue. The notice and annual report are available electronically to members with registered email addresses. Those without registered emails will receive a letter with web links to the documents.

Key Information

• Meeting Date: September 30, 2026
• Mode: Video Conferencing / Other Audio-Visual Means
• Regulatory Compliance: SEBI LODR Regulations 2015
• Advertisement Date: September 3, 2026

Managing Director Harendra Gupta signed the intimation letter. Further details regarding the agenda and remote e-voting process will be provided in the formal notice of the AGM.

Svaraj Trading & Agencies reported a net loss of ₹19.41 lakh for the quarter ended June 30, 2026, marking a sharp deterioration from the ₹102.41 lakh profit posted in the corresponding period of FY25. The Mumbai-based trading firm recorded zero revenue from operations for the third consecutive quarter, highlighting a persistent lack of core business activity. Consequently, total income was restricted to ₹1.73 lakh from other sources, insufficient to cover fixed operational costs. This continued absence of trading activity raises concerns about the company's ability to sustain operations without consuming cash reserves or equity.

The Board of Directors approved the unaudited financial results on August 10, 2026, pursuant to Regulation 30 and Regulation 33 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015. The results were reviewed by M/s G R A M and Associates LLP, Chartered Accountants, under Standard on Review Engagements (SRE) 2410. Additionally, the Board appointed Ms. Pragati Rai as Company Secretary and Compliance Officer effective August 10, 2026, based on the recommendation of the Nomination and Remuneration Committee.

Financial Performance

The company’s financial position reflects high fixed cost burdens against negligible top-line growth. While employee benefits expenses decreased slightly to ₹11.53 lakh from ₹10.67 lakh in the prior year quarter, depreciation and other expenses saw marginal increases. The absence of operating revenue means the company is consuming cash reserves or equity to sustain operations.

What the Numbers Show

The most critical insight from the filing is the complete decoupling of income from operations. In Q1FY25, the company generated ₹122.34 lakh in revenue, which drove a substantial profit. In Q1FY26, with zero operational revenue, the company’s “other income” of ₹1.73 lakh was dwarfed by fixed costs totaling ₹21.14 lakh. This structural shift indicates that without a restart in trading activities, the company will continue to report quarterly losses driven by non-discretionary expenses such as employee benefits and depreciation. The paid-up equity capital remains unchanged at ₹1,475 lakh, suggesting no recent dilution or buyback activity.

Corporate Developments

Alongside the financial results, the Board scheduled the 46th Annual General Meeting for September 30, 2026. Ms. Pragati Rai, an Associate Member of the Institute of Company Secretaries of India (ICSI) with over four years of post-membership experience, joins the leadership team to handle secretarial and compliance matters. Her appointment aims to strengthen governance frameworks during this period of operational transition.