Thrive Future Habitats Limited has dispatched letters to shareholders who have not registered their email addresses, providing a weblink to access the company’s 78th Annual Report for the financial year ended March 31, 2026 (FY26). The disclosure was made on August 22, 2026, in compliance with Regulation 30 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015.

The letters were sent to members whose email IDs are not registered with the company, its Registrar and Transfer Agent (RTA), or Depository Participants (DPs) as of the cut-off date of August 14, 2026. Shareholders can access the Notice of the 78th Annual General Meeting (AGM) and the Annual Report via the provided weblink and QR code.

AGM Details

The 78th AGM is scheduled to be held on Wednesday, September 16, 2026, at 12:00 pm through Video Conferencing (VC). Remote e-voting will commence on September 13, 2026. The meeting will address several key governance matters, including:

• Re-appointment of Mr. Vinay Kumar Singh as a director liable to retire by rotation.
• Appointment of M/s. J.C. Bhalla and Co., Chartered Accountants as Statutory Auditors.
• Appointment of M/s Neeta A & Associates as Secretarial Auditor for five years.
• Approval to increase borrowing limits up to ₹200 crore under Section 180(1)(c) of the Companies Act, 2013.
• Enhancement of limits under Section 186 for loans, guarantees, and investments up to ₹100 crore.

Financial Performance Context

The annual report covers FY26 results where the company reported a consolidated net loss of ₹102.20 lakh, narrowing significantly from ₹318.10 lakh in FY25. Revenue from operations fell 44% year-on-year to ₹122.59 lakh on a consolidated basis. The standalone net loss widened to ₹97.02 lakh from ₹65.08 lakh in the previous year.

Accessing the Report

Shareholders without registered emails can access the documents at the following path on the company’s website: www.thrivefuturehabitats.com < Investors < Investors Services < Annual Report < 2025-26. Those wishing to register or update their email addresses should contact their Depository Participant or the RTA, BgSE Financials Limited.

Thrive Future Habitats reported a widened standalone net loss of ₹89.37 lakh for the first quarter ended June 30, 2026 (Q1FY27), driven by a sharp surge in other expenses and employee benefits that outpaced modest revenue growth. The company’s consolidated net loss stood at ₹92.00 lakh for the quarter, reflecting persistent operational pressures despite a significant inflow from other income. Investors face continued uncertainty as the firm grapples with structural cost inefficiencies while simultaneously undergoing key changes in its statutory audit framework.

The Board of Directors approved the unaudited financial results on August 5, 2026, pursuant to Regulation 30 and Regulation 33 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015. In a significant governance development, statutory auditors M/s. Praveen & Madan, Chartered Accountants (Firm Registration No. 011350S), tendered their resignation effective August 5, 2026, citing pre-occupation with professional commitments. They had issued the limited review report for Q1FY27 prior to stepping down. The Board appointed M/s. J.C. Bhalla and Co., Chartered Accountants (Firm Registration No. 001111N), to fill the casual vacancy, subject to shareholder approval at the 78th Annual General Meeting scheduled for September 16, 2026.

Similarly, secretarial auditor M/s. Snehal Amol Phirange resigned due to professional commitments after submitting the audit report for FY25-26. The Board appointed M/s. Neeta A & Associates, Practicing Company Secretaries, to fill this vacancy until the AGM, with a proposed five-year term thereafter. These appointments follow the Audit Committee’s recommendations and are disclosed in compliance with SEBI Master Circular No. SEBI HO/49/14/14(7)2025-CFD-POD2/I/3762/2026 dated January 30, 2026.

Key Financial Metrics

What the Numbers Show

The financial data reveals a critical divergence between top-line stability and bottom-line erosion. While revenue from operations grew moderately by approximately 16% year-on-year to ₹34.67 lakh, the cost structure expanded disproportionately. Other income, which contributed ₹59.87 lakh in Q1FY27, masks the underlying operational deficit; without this non-operating inflow, the operating loss would have been significantly deeper. The surge in "Other Expenses" to ₹78.08 lakh, more than tripling from the previous year’s quarter, indicates either one-off costs or a structural increase in overheads that management must address to restore profitability. The reliance on other income to offset operational losses remains a key risk factor for investors monitoring the company’s path to sustainability.