Trans Freight Containers will hold its 52nd Annual General Meeting on Wednesday, September 30, 2026. The meeting is scheduled for 10:30 am at the company's registered office in Mulund, Mumbai.

Meeting Details

The gathering aims to transact business as outlined in the notice sent to members. This includes approving the audited financial statements for the year ended March 31, 2026. The Annual Report contains the Director's Report and Auditor's Report.

Key Agenda Items

Shareholders will vote on several ordinary resolutions during the meeting:

• Re-appointment of Mr. Badal M. Mittal (DIN: 00076143) as a director, who retires by rotation and offers himself for re-appointment.
• Re-appointment of M/s. Ramanand & Associates, Chartered Accountants (ICAI FRN: 117776W), as Statutory Auditors. The Board has proposed a remuneration of ₹50,000 plus applicable taxes and out-of-pocket expenses for the financial year 2026-27.
• Regularization of the appointment of Ms. Shraddha R. Keny (DIN: 11746391) as a Non-Executive, Non-Independent Director. She was initially appointed as an Additional Director on May 29, 2026.

E-Voting Process

The company offers remote electronic voting through Link Intime India Private Limited (LIPL). The cut-off date for eligibility is September 23, 2026. Members holding shares in physical or demat form as of this date can vote.

Remote e-voting begins at 9:00 am on Sunday, September 27, 2026. It ends at 5:00 pm on Tuesday, September 29, 2026. The facility disables after this window. Results will be declared by October 2, 2026.

Physical voting via ballot paper remains available for attendees who have not voted remotely. Members who vote electronically may still attend the meeting but cannot cast a second vote.

Book Closure

Pursuant to Section 91 of the Companies Act, 2013 and Regulation 42 of SEBI LODR Regulations, 2015, the register of members and share transfer books will remain closed from Thursday, September 24, 2026, to Wednesday, September 30, 2026. Both days are inclusive.

Trans Freight Containers Ltd posted a net profit of ₹142.31 lakh for the financial year ended March 31, 2026. This represents a slight increase from the ₹139.84 lakh profit recorded in the previous year. The company continues to operate without manufacturing activity, relying on investment income to sustain profitability.

Financial Performance

The company reported zero revenue from operations for the fiscal year, as its manufacturing activities for ISO Marine Cargo Containers remain suspended. Despite the lack of operational turnover, the firm generated total income of ₹187.88 lakh, driven primarily by other income sources. Total expenses for the year stood at ₹40.57 lakh, down from ₹58.00 lakh in the prior year, contributing to the improved bottom line.

What the Numbers Show

The divergence between revenue and profit highlights the company's current financial structure. With operational revenue at nil, other income constitutes 100% of the company's total income. Interest income on bank fixed deposits alone accounted for ₹183.09 lakh of this figure, underscoring a heavy reliance on passive investment returns rather than core business operations to generate cash flow and profits.

Balance Sheet and Cash Position

Total assets increased to ₹4,299.05 lakh as of March 31, 2026, from ₹4,157.33 lakh in the previous year. The balance sheet is dominated by financial assets, with current investments totaling ₹2,906.53 lakh, including fixed deposits with HDFC Bank and State Bank of India. Cash and cash equivalents more than doubled to ₹85.77 lakh from ₹41.97 lakh, reflecting strong liquidity despite the absence of operating cash inflows. The company carries no borrowings.

Corporate Governance and AGM

The 52nd Annual General Meeting is scheduled for September 30, 2026. Key agenda items include the re-appointment of Badal M. Mittal as a director and the regularization of Ms. Shraddha R. Keny's appointment as a Non-Executive Director. M/s. Ramanand & Associates have been recommended for re-appointment as Statutory Auditors for the ensuing term. The board noted that no dividend will be recommended for FY26 due to accumulated losses carried forward.