TGIF Agribusiness Limited held its 3rd Annual General Meeting on September 25, 2026, via video conferencing. The meeting focused on the adoption of standalone audited financial statements for the fiscal year ended March 31, 2026, and the re-appointment of key board members.

Meeting proceedings and attendance

The annual general meeting was conducted through Video Conferencing (VC) and Other Audio-Visual Means (OAVM) in compliance with Ministry of Corporate Affairs and SEBI circulars. Eleven members attended the meeting virtually. The quorum was confirmed by Sapan Dalal, Company Secretary and Compliance Officer, who also briefed shareholders on procedural aspects, including the absence of proxy facilities for individuals and the virtual inspection of registers.

Remote e-voting was available to shareholders holding shares as of the cut-off date, September 18, 2026. The voting window opened on September 22, 2026, and closed on September 24, 2026. Mr. Mukesh Jiwnani, Proprietor of M/s. Mukesh J & Associates, served as the scrutinizer for the e-voting process.

Key resolutions passed

The shareholders transacted ordinary business items outlined in the notice. No qualifications or observations were reported in the Statutory Auditors' report or the Secretarial Auditors' report for FY26. Additionally, no shareholders registered to speak at the meeting.

Voting results and scrutiny report

The scrutinizer's report confirmed that all resolutions were duly approved by shareholders with the requisite majority. For the adoption of financial statements, 29 members voted in favour, representing 21,45,300 shares, resulting in a 100% approval rate. No votes were cast against or abstained from this resolution.

For the re-appointment of Mr. Niraj Gemawat, who retires by rotation, 25 members voted in favour, representing 2,51,000 shares. While the resolution passed with 100% of valid votes cast in favour, 4 members holding 18,94,300 shares abstained from voting on this specific item. The total number of shares voted upon for this resolution was 21,45,300.

Board composition and insights

Mr. Niraj Gemawat, Director of the company, shared insights regarding the company's journey and performance during the session. The board present included Indrajeet Mitra (Chairman and Non-Executive Director), Rachana Gemawat (Managing Director), Niraj Gemawat (Non-Executive Director), Vishal Shah (Independent Director), and Geetika Saluja (Independent Director).

Key managerial personnel in attendance included Amrish Vashishtha, Chief Financial Officer, and representatives from the statutory auditors, Samir M. Shah & Associates. The meeting concluded at 3:11 pm after the declaration of voting results, which were scheduled for announcement within statutory timelines.

TGIF Agribusiness Limited reported a net profit of ₹20,156 thousand for FY26, up 15.9% from ₹17,382 thousand in FY25. The horticulture-focused firm will hold its third annual general meeting (AGM) on September 25, 2026.

The board approved the annual report on August 25, 2026. In compliance with Regulation 36(1)(b) of SEBI Listing Regulations, the company notified shareholders without registered email addresses that the integrated annual report is available on its website and the BSE portal.

Financial Performance

Revenue from operations declined slightly to ₹33,175 thousand in FY26 compared to ₹33,437 thousand in FY25. However, total expenses decreased significantly to ₹14,968 thousand from ₹17,626 thousand, driving a higher profit before tax of ₹20,841 thousand versus ₹18,284 thousand in the previous year. Other income rose to ₹2,633 thousand from ₹2,473 thousand. Earnings per share (basic and diluted) stood at ₹7.79 in FY26, up from ₹6.72 in FY25.

AGM and E-Voting Details

The third annual general meeting will be conducted via video conferencing or other audio-visual means on Friday, September 25, 2026, at 3:00 pm. Shareholders can exercise their right to vote electronically through NSDL.

Key dates for the process are as follows:

• Cut-off date for e-voting: September 18, 2026
• E-voting start: Tuesday, September 22, 2026, at 9:00 am
• E-voting end: Thursday, September 24, 2026, at 5:00 pm

Shareholders holding shares in dematerialized mode are requested to register or update their email addresses with their respective depository participants or with Bigshare Services Private Ltd, the registrar and transfer agent.

Agenda and Governance

Shareholders will consider two ordinary business items: adoption of the standalone audited financial statements for FY26 and re-appointment of Mr. Niraj Gemawat (DIN: 00030749) as a Non-Executive Director. Mr. Gemawat brings over 30 years of experience in business development and finance management.

Mr. Mukesh Jiwnani was appointed as the scrutinizer for the AGM. The statutory auditors, M/s Samir M. Shah & Associates, issued an unmodified opinion on the financial statements. The secretarial audit report by M/s Shalini Pandey & Associates contained no qualifications. The board confirmed that no material changes or commitments affecting the financial position occurred between the end of the financial year and the date of the report.