Tashi India Limited has scheduled its 41st Annual General Meeting for September 19, 2026. The meeting will be held at the company’s registered office in Nagpur.

The Board of Directors announced the schedule on August 28, 2026, via a communication to BSE Limited. The AGM is set to commence at 11:00 am at the Imambada Road location in Nagpur, Maharashtra.

Key Dates for Shareholders

The company has defined specific dates for record determination and book closure to facilitate the voting process.

Voting and Eligibility

Shareholders holding shares as of the record date on September 12, 2026, will be eligible to avail the e-voting facility for resolutions proposed at the AGM.

Pursuant to Regulation 42 of the Listing Regulations, the Register of Members and Share Transfer Books will remain closed from September 13, 2026, through September 19, 2026, inclusive. This closure period ensures an accurate count of eligible members for the general meeting.

Rohit Bajaj, Director of Tashi India, signed the disclosure. The company’s corporate relationship details are managed through its registered office in Nagpur.

Tashi India Limited reported a significant decline in financial performance for FY26, with net profit after tax falling 59% year-on-year to ₹71.14 lakh. Total income rose to ₹450.99 lakh from ₹198.55 lakh in the previous year, but this was offset by a sharp increase in total expenses and tax burdens.

The company's total comprehensive income dropped sharply to ₹28.23 lakh from ₹173.82 lakh in FY25, primarily due to a ₹42.91 lakh loss from changes in the fair value of equity instruments recorded in other comprehensive income. Earnings per share (EPS) fell to ₹3.80 from ₹23.41.

Financial Performance

Revenue from operations surged to ₹241.56 lakh, driven largely by gains from the sale of shares, which stood at ₹187.21 lakh compared to ₹18.33 lakh in FY25. Interest income decreased slightly to ₹47.49 lakh from ₹51.55 lakh, while dividend income rose to ₹6.86 lakh.

Total expenses increased significantly to ₹292.95 lakh from ₹48.51 lakh. This rise was attributed to higher purchases of stock-in-trade (₹188.76 lakh vs ₹18.50 lakh) and other expenses, which included a ₹53.56 lakh write-off of fixed assets. Finance costs rose to ₹5.93 lakh from ₹1.98 lakh.

The tax expense for FY26 was ₹86.90 lakh, comprising current tax of ₹60.34 lakh and deferred tax of ₹26.56 lakh. In contrast, FY25 saw a net tax credit of ₹23.37 lakh due to deferred tax benefits.

Balance Sheet and Cash Flow

As of March 31, 2026, total assets stood at ₹1,935.59 lakh, up from ₹1,743.30 lakh. The company acquired investment property worth ₹600.25 lakh during the year. Loans outstanding increased to ₹541.27 lakh from ₹509.05 lakh, all classified as unsecured loans to related parties.

Cash and cash equivalents declined to ₹129.73 lakh from ₹390.15 lakh. The company raised borrowings of ₹190.57 lakh via a term loan from UCO Bank, secured against residential property. Net cash used in investing activities was ₹533.15 lakh, primarily due to share purchases.

Corporate Governance and AGM

Tashi India scheduled its 41st Annual General Meeting for September 19, 2026. Shareholders will vote on the appointment of two new independent directors:

• Mrs. Ruchita Jain: Appointed effective March 21, 2026, bringing financial analysis expertise from UltraTech Cement Limited.
• Mr. Monal Malji: Appointed effective March 31, 2026, contributing operational management skills from Creative Minds.

Both directors will serve five-year terms ending in March 2031. The meeting will also see the re-appointment of Rohit Bajaj as a director liable to retire by rotation. The Board did not recommend any dividend for FY26 to conserve resources for future business requirements.

What the Numbers Show

The divergence between operating profit and net profit highlights the impact of non-operational factors. While profit before tax grew modestly by 5.3%, the reversal of deferred tax benefits from FY25 (where it contributed positively) to a substantial deferred tax expense in FY26 significantly eroded bottom-line growth. Additionally, the heavy reliance on share sales for revenue growth—contributing over 77% of operational revenue—suggests volatility in core interest-based earnings.