Thrive Future Habitats Limited conducted its 78th Annual General Meeting on September 16, 2026. The meeting focused on governance updates and strategic funding approvals.

The company sought shareholder approval to increase its borrowing limits under Section 180(1)(c) of the Companies Act, 2013. Management indicated this measure aims to finance ongoing and upcoming projects.

Meeting Proceedings

The meeting was held via Video Conferencing with Mr. Arvinder Singh Pasricha, Chairman, presiding. A total of 41 members representing 71,51,595 equity shares attended. The shareholder base stood at 4,355 as on September 9, 2026.

Ms. Shobha Joshi, Company Secretary, confirmed the quorum was present. The Managing Director, Mr. Vinay Kumar Singh, delivered the address and responded to member queries.

Agenda Items

The following resolutions were put to vote:

Remote e-voting was available from September 13, 2026, to September 15, 2026. Ms. Neeta Aggarwal served as the Scrutinizer.

Strategic Updates

Management outlined future growth strategies during the session. The company intends to evaluate real estate opportunities in locations with favorable environmental characteristics, such as proximity to hills or waterfronts.

Regarding capital structure, the company disclosed that the decrease in Promoters' shareholding resulted from a preferential issue of equity shares to public investors. This led to dilution of the Promoters' holding.

The borrowing limit increase is set at ₹200 crore to meet funding requirements for project development. All disclosures were made in compliance with SEBI Listing Regulations.

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.