Vas Infrastructure has scheduled its 31st Annual General Meeting for September 25, 2026. The company, which is currently under Corporate Insolvency Resolution Process (CIRP), will hold the meeting via video conferencing or other audio-visual means.

The Resolution Professional, Mr. Bimal Kumar Agarwal, issued the notice in compliance with Regulation 47 of the SEBI (Listing Obligations & Disclosure Requirements), 2015. The public notice was published in The Free Press Journal and its Marathi edition, Navshakti, on September 3, 2026.

Meeting Details

Shareholders can participate remotely through electronic voting. The cut-off date for e-voting is September 18, 2026. The remote e-voting period runs from September 22, 2026, at 9:30 am to September 24, 2026, at 5:00 pm IST.

The Annual Report for FY26, including the notice of the AGM and instructions for participation, will be sent electronically to shareholders with registered email IDs. The documents are also available on the company website and the Bombay Stock Exchange platform.

Members requiring login credentials or assistance with e-voting may contact the company or the Registrar and Transfer Agent.

Vas Infrastructure Limited reported a standalone net loss of ₹12.55 lakh for the quarter ended June 30, 2026 (Q1FY27), compared to a net loss of ₹17.81 lakh in the corresponding quarter of the previous fiscal year. The Mumbai-based infrastructure firm recorded nil revenue from operations for the quarter, continuing a trend of zero operational income seen throughout FY26.

The results were reviewed and approved by the Resolution Professional (RP) Committee on August 11, 2026. Ashok Kumar Golechha, serving as the Resolution Professional for Vas Infrastructure Limited, signed off on the unaudited financial statements. The statutory auditor submitted an audit report on these results, which were subsequently filed with the Bombay Stock Exchange under Regulation 33 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015.

Financial Performance

The company’s comprehensive income for the quarter stood at a loss of ₹12.55 lakh. This figure remains consistent across pre-tax, post-tax, and exceptional item adjustments, indicating no significant non-operating gains or tax credits offsetting the losses during the period. In contrast, the company had reported a net profit of ₹40.86 lakh in the fourth quarter of FY26 (ended March 31, 2026).

Earnings per share (EPS) declined to ₹(0.08) in Q1FY27, down from ₹0.26 in the preceding quarter and ₹(0.12) in Q1FY26. The equity share capital remained unchanged at ₹1,512.94 lakh.

Balance Sheet Position

As of March 31, 2026, the company’s other equity stood at a negative balance of ₹27,435.31 lakh, reflecting accumulated losses or reserves adjustments over time. The persistent absence of revenue suggests that the company is not actively engaged in core business operations during this period, likely due to its status under the Insolvency and Bankruptcy Code (IBC) process, overseen by the appointed Resolution Professional.

What the Numbers Show

The widening of the quarterly loss from ₹17.81 lakh in Q1FY26 to ₹12.55 lakh in Q1FY27 indicates a slight reduction in the absolute value of losses, though the direction remains negative. However, the complete lack of revenue generation highlights the ongoing stagnation in business activities. The positive net profit reported in Q4FY26 appears to be an anomaly in an otherwise loss-making trajectory, possibly driven by one-off accounting adjustments or non-operating items, given the zero revenue context.