Thakkers Group will hold its 58th Annual General Meeting on Wednesday, September 30, 2026, at its registered office in Nashik. The register of members and share transfer books will remain closed from September 24 to September 30, 2026, to determine shareholder eligibility.

The meeting aims to transact ordinary and special business, including the adoption of audited financial statements for FY26 and the reappointment of director Chetan Giridharlal Batavia. The notice was issued pursuant to Regulation 30 read with Schedule III Part A of the SEBI (LODR) Regulations, 2015.

Key Agenda Items

The AGM notice outlines specific resolutions for shareholder approval:

• Ordinary Business: Consider and adopt the Audited Financial Statement for the financial year ended March 31, 2026. Reappoint Mr. Chetan Giridharlal Batavia (DIN: 00400700) as a director, who retires by rotation.
• Special Business: Appoint M/s. Ashok Surana, Peer Reviewed Practicing Company Secretaries, as Secretarial Auditor for five financial years commencing from FY27 till FY31. This appointment follows recommendations under Section 204 of the Companies Act, 2013, and Regulation 24A(1) of the SEBI (LODR) Regulations, 2015.

Director Profile

Chetan Giridharlal Batavia, born on September 15, 1962, brings extensive experience in real estate, estate dealing, land development, and construction activities. He has been serving as a director since July 29, 2006, and attended five board meetings during the last fiscal year. He is the father of Khushal Batavia, the company's CFO.

E-Voting and Logistics

Shareholders holding shares as on September 23, 2026, can cast their votes electronically. The remote e-voting period begins on Saturday, September 26, 2026, at 9:00 am and ends on Tuesday, September 29, 2026, at 5:00 pm. The facility is available through CDSL and NSDL platforms for demat account holders and via www.evotingindia.com for physical shareholders.

Members wishing to express views or ask questions must pre-register via email between September 16 and September 22, 2026. The Annual Report for FY26 has been emailed to registered members and is available on the company website.

Thakkers Group Limited reported a 74% decline in net profit to ₹205.32 lakh for the financial year ended March 31, 2026, compared to ₹783.10 lakh in the previous year. The company's revenue from operations surged 206% to ₹1,442.14 lakh from ₹471.50 lakh in FY25. The board approved the audited standalone financial results at a meeting held on May 30, 2026.

The total income for FY26 rose to ₹2,631.15 lakh from ₹2,245.15 lakh in the prior year. However, total expenses increased significantly to ₹2,369.23 lakh from ₹1,333.25 lakh, primarily driven by a rise in finance costs to ₹911.26 lakh and other expenditure to ₹334.70 lakh. The profit before tax for the year stood at ₹261.92 lakh, down from ₹911.90 lakh in FY25.

For the quarter ended March 31, 2026, the company reported a net loss of ₹86.83 lakh, a reversal from the net profit of ₹347.71 lakh in the corresponding quarter of the previous year. Revenue from operations for the quarter increased to ₹910.09 lakh from ₹114.00 lakh in Q4FY25. Total expenses for the quarter rose to ₹1,144.95 lakh from ₹389.86 lakh.

The basic earnings per share (EPS) for FY26 fell to ₹12.97 from ₹49.46 in the previous year. For the quarter ended March 31, 2026, the basic EPS was a loss of ₹5.48, compared to a profit of ₹21.96 in the same period last year. The company's total assets as of March 31, 2026, stood at ₹23,647.39 lakh, an increase from ₹20,148.63 lakh in the previous year.

M/s Karwa Malani Kalantri & Associates, Chartered Accountants, the statutory auditors, issued an unmodified opinion on the standalone Ind AS financial results. The auditor confirmed that the financial statements give a true and fair view of the company's financial position and comply with the requirements of Regulation 33 and 52 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015.

Financial Performance for FY26

Assets and Liabilities