Virat Crane Industries must pay ₹85.12 lakh in market fees to the Agricultural Marketing Department of the Government of Andhra Pradesh. The company disclosed this obligation on September 16, 2026, following a final verdict from the Supreme Court of India.

The order resolves a legal dispute that had been pending before the apex court for an extended period. The dispute concerned the levy of duty and cess by the state’s agricultural marketing authorities.

Case Details and Financial Impact

The Supreme Court directed Virat Crane Industries to settle the outstanding amount with the Agricultural Marketing Department. The liability arises from fees requested for the period between July 5, 2004, and May 1, 2009.

The company filed this disclosure under Regulation 30 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015. The filing confirms that the financial impact is quantifiable at ₹85,12,500.

What the Numbers Show

The ₹85.12 lakh payment represents a resolved contingent liability stemming from operations nearly two decades ago. While the absolute figure is specific, the source does not provide current revenue or balance sheet data to assess the materiality of this one-time cash outflow against the company’s present financial position. The settlement closes a long-standing regulatory uncertainty related to historical agricultural marketing dues.

Virat Crane Industries has submitted its 34th Annual Report for the financial year 2025-26 to the Bombay Stock Exchange. The company also notified the exchange regarding the notice for its 34th Annual General Meeting (AGM), scheduled for September 30, 2026.

The submission was made on September 8, 2026, under Regulation 34 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015. Company Secretary Adi Venkata Rama Rajanedi signed the intimation. The annual report and AGM notice are available on the company’s website.

Agenda Items

The primary agenda for the AGM includes:

• Receiving, considering, and adopting the Standalone Audited Financial Statements for the year ended March 31, 2026, along with the reports of the Board of Directors and Auditors.
• Reappointing Sri Gopala Krishna Murthy Javvaji (DIN: 00930747) as a Director. He retires by rotation at this meeting and offers himself for reappointment.

Sri Gopala Krishna Murthy Javvaji is a graduate in commerce with over 40 years of experience in marketing. He attended eight board meetings during FY25-26. His remuneration will consist of sitting fees as decided by the Nomination and Remuneration Committee.

Key Dates and Timelines

The Register of Members and Share Transfer Books will remain closed from September 24, 2026, to September 30, 2026 (both days inclusive) for annual closing purposes.

Shareholders eligible for e-voting must be on the register as of September 23, 2026. The e-voting window opens at 9:00 am on Sunday, September 27, 2026, and closes at 5:00 pm on Tuesday, September 29, 2026.

Shareholder Communication

The company has dispatched letters containing weblinks to access the notice and annual report for FY26 to shareholders who have not registered their email addresses. This complies with Regulation 36(1)(b) of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015.

Shareholders holding shares in physical form or electronic form without registered emails are requested to update their details with the Share Transfer Agent or Depository Participant. Members can join the AGM via VC/OAVM using credentials from CDSL or Bigshare Services Private Limited.