Team24 Consumer Products Limited has scheduled its 43rd Annual General Meeting for Tuesday, September 29, 2026. The gathering will take place in physical mode at the company’s office in Panaji, Goa.

The company notified shareholders of the meeting date via a disclosure filed with BSE Limited on September 7, 2026. The notice was issued under Regulations 30 and 36(1)(b) of the SEBI Listing Obligations and Disclosure Requirements Regulations, 2015.

Meeting Details

The AGM is convened to transact business as set out in the official notice. Shareholders are required to register their email addresses with the Registrar and Share Transfer Agent or Depository Participants to receive timely communications.

E-Voting Schedule

Electronic voting will be available for eligible shareholders during a specific window preceding the physical meeting. The cut-off date for e-voting eligibility is September 22, 2026.

Shareholders who have not registered their email addresses will receive letters containing weblinks to access the Notice and the Annual Report for Financial Year 2025-26. These documents are also available on the company website.

Team24 Consumer Products Limited reported a net loss of ₹25.9 lakh for the quarter ended June 30, 2026, marking a sharp reversal from the ₹13.6 lakh profit recorded in the same period last year.

The Goa-based consumer goods firm submitted revised unaudited standalone financial results to BSE Limited on September 1, 2026, citing format discrepancies in its earlier filing. The results were reviewed by V C Shah & Co.

Financial Performance

Revenue from operations declined significantly in the current quarter compared to the previous year. Net sales fell 14% year-on-year to ₹47.5 lakh, down from ₹55.5 lakh in Q1FY26. Total income, which includes other income, dropped to ₹55.6 lakh from ₹65.8 lakh.

Expenses rose sharply, driven primarily by higher purchases of traded goods and employee benefits. Purchase of traded goods increased 102% year-on-year to ₹84.5 lakh, while employee benefits expense surged to ₹26.1 lakh from ₹1.9 lakh. Other expenses also climbed to ₹34.3 lakh from ₹8.5 lakh. A credit of ₹63.5 lakh from changes in inventories partially offset these costs.

What the Numbers Show

The divergence between revenue decline and expense growth highlights operational pressure. While net sales contracted by 14%, total expenses expanded by 56%. Specifically, the cost of purchased goods and employee benefits together accounted for the majority of the expense increase, suggesting that the company’s cost structure did not scale down in line with reduced sales volume. This mismatch directly contributed to the swing from profit to loss.

Regulatory and Governance Details

The financial results were prepared in accordance with Indian Accounting Standards (Ind AS) and Regulation 33 of the SEBI Listing Regulations. The Board of Directors approved the results in a meeting held on August 13, 2026. The company operates solely in the trading of goods segment, making operating segment disclosures under Ind AS 108 inapplicable.