TGIF Agribusiness has scheduled its third annual general meeting for September 25, 2026. The board of directors approved the company’s annual report for FY26 during a meeting held on August 25, 2026.

The comprehensive annual report includes the board’s report, management discussion and analysis, audited financial statements, auditors’ report, and secretarial audit report. The corporate action was finalized in accordance with applicable regulations.

Meeting 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. This mode of conduct complies with the Companies Act, 2013, and Securities and Exchange Board of India (SEBI) regulations.

The company has arranged e-voting facilities to facilitate member participation. The detailed notice and annual report will be circulated to members within prescribed timelines.

Scrutinizer Appointment

Mr. Mukesh Jiwnani, a practicing company secretary from M/s Mukesh J and Associates, was appointed as the scrutinizer for the AGM. He will oversee the remote e-voting process and verify votes cast on proposed resolutions.

Mr. Jiwnani holds membership number A29793 and certificate of practice number 23381. He will submit his report on voting results after the conclusion of the meeting, adhering to SEBI (LODR) Regulations, 2015.

TGIF Agribusiness Limited reported a 15.9% rise in net profit to ₹201.56 lakh for the financial year ended March 31, 2026, compared to ₹173.82 lakh in the previous year. Revenue from operations for the period stood at ₹331.75 lakh, while total income reached ₹358.08 lakh. The company’s Board of Directors approved the audited standalone financial results for the half-year and full year on May 28, 2026.

The statutory auditors, M/s. Samir M. Shah & Associates, issued an unmodified opinion on the financial results. Earnings per equity share (basic and diluted) for FY26 increased to ₹7.79 from ₹6.72 in the prior year. For the half-year ended March 31, 2026, the company recorded a profit of ₹95.96 lakh on revenue of ₹159.19 lakh.

Financial Performance

The company’s expenditure for FY26 totaled ₹149.68 lakh, a decrease from ₹176.26 lakh in the previous year. This reduction was driven by lower costs across material consumption, employee benefits, and other expenses. Finance costs for the year rose to ₹1.01 lakh from ₹0.40 lakh in FY25.

Balance Sheet and Cash Flows

The company’s shareholders' funds grew to ₹1,272.10 lakh as of March 31, 2026, up from ₹1,070.54 lakh a year earlier. Reserves and surplus increased to ₹1,013.34 lakh from ₹811.78 lakh. Current investments stood at ₹816.81 lakh, significantly higher than the ₹498.98 lakh recorded in the previous year.

Cash and cash equivalents decreased to ₹394.50 lakh from ₹492.69 lakh at the end of FY25. The net cash flow from operating activities was ₹203.38 lakh, while investing activities resulted in an outflow of ₹301.57 lakh, primarily due to investments made during the year.

Corporate Governance

The Board approved the appointment of Ms. Zalak Chokshi as the Internal Auditor for the financial year 2026-27, based on the Audit Committee's recommendation. Additionally, the company confirmed there was no deviation or variation in the utilization of funds raised through its Initial Public Offer dated April 30, 2024. The total amount raised was ₹6,39,46,800, and the funds were utilized in accordance with the objects stated in the prospectus.