Tricom Fruit Products will hold its 32nd Annual General Meeting on Wednesday, September 30, 2026, at 11 am. The meeting will be conducted through Video Conferencing or Other Audio-Visual Means (VC/OAVM). Resolution Professional Prakash Dattatraya Naringrekar confirmed the schedule in a letter to the Bombay Stock Exchange dated September 5, 2026.

The company is currently undergoing the Corporate Insolvency Resolution Process (CIRP) under the Insolvency and Bankruptcy Code, 2016. The National Company Law Tribunal (NCLT) admitted the CIRP application on August 13, 2024. A resolution plan has been approved by the Committee of Creditors and is pending NCLT approval.

Meeting Agenda

The primary business for the AGM includes receiving, considering, and adopting the audited financial statements for FY26 ended March 31, 2026. This encompasses the Statement of Profit and Loss, Balance Sheet, and reports from the Board of Directors and Auditors.

Additionally, shareholders will vote on the reappointment of Mr. Chetan Kothari (DIN: 00050869), who retires by rotation. Mr. Kothari is eligible for reappointment. His appointment aligns with Section 152(6) of the Companies Act, 2013, though Board powers remain suspended during the CIRP.

E-Voting and Logistics

Remote e-voting will be facilitated by National Securities Depository Limited (NSDL). The voting window opens on Monday, September 27, 2026, at 9 am and closes on Wednesday, September 29, 2026, at 5 pm. The record date for voting eligibility is September 23, 2026.

The register of members and transfer books will remain closed from September 24, 2026, to September 30, 2026, inclusive. Shareholders holding shares in physical form are requested to convert them to dematerialized form to prevent fraudulent transactions and ease portfolio management.

Tricom Fruit Products reported a net loss of ₹4.34 lakh for the quarter ended June 30, 2026, marking a significant reduction from the ₹7.28 lakh loss recorded in the corresponding quarter of the previous year. The unaudited financial results were published in newspapers on August 12, 2026, pursuant to Regulation 47 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015. The company continues to operate under the Corporate Insolvency Resolution Process (CIRP) with no active revenue-generating activities, as all property, plant, and equipment have been sold by Edelweiss Asset Reconstruction Company.

The financial statements were signed by Prakash Dattatraya Naringrekar, the Resolution Professional, and Chetan Kothari, CFO & Director. The Committee of Creditors (CoC) had previously approved these results on August 11, 2026, during its 17th meeting, which also sanctioned the convening of the 32nd Annual General Meeting (AGM) on September 30, 2026, via Video Conferencing/Other Audio Visual Means (VC/OAVM). C.S. Hetal Doshi was appointed as the scrutinizer for the remote e-voting process.

Financial Performance

The entity’s financial position is defined entirely by its discontinued agro/fruit processing segment. With no continuing operations, the reported losses stem from residual liabilities and administrative costs associated with maintaining the company as a going concern during the insolvency process.

The net loss for the quarter was attributable solely to discontinued operations, with no exceptional items or tax expenses recorded for the current period. Basic and diluted earnings per share stood at a loss of ₹0.02, compared to ₹0.04 in Q1FY26. Equity share capital remained unchanged at ₹1,909.41 lakh, while reserves decreased to (₹10,607.38) lakh from (₹10,596.33) lakh in the preceding quarter.

Operational Status and Governance

Interest on loans from CDR lenders and unsecured creditors has not been provided since April 2017 due to the cessation of operations. The Resolution Plan submitted by Mr. Vivek Kumar Ratakonda was approved by the CoC and filed with the National Company Law Tribunal (NCLT), Mumbai Bench. The Register of Members and Share Transfer Books will remain closed from September 24, 2026, to September 30, 2026, inclusive, to facilitate the AGM.

What the Numbers Show

The narrowing of the net loss from ₹7.28 lakh in Q1FY26 to ₹4.34 lakh in Q1FY27 indicates a stabilization in the costs associated with discontinued operations. With no continuing operations or revenue streams, the primary financial activity is the management of residual liabilities and administrative costs under the supervision of the Resolution Professional. This trend suggests that the winding-down process is proceeding with controlled expenditure, although the company remains insolvent with negative reserves exceeding ₹10,000 lakh.

Source: https://lodr-files.dhan.co/lodr-inputs/Company/INE843F01014/bd2ca51b-8ed1-4560-a65f-7885582d8a97.pdf