Vivaa Tradecom shareholders approve borrowing and capital hikes at 16th AGM

Vivaa Tradecom Limited shareholders approved critical capital structure adjustments during its 16th Annual General Meeting (AGM) held on August 7, 2026, in Ahmedabad. The meeting saw the passage of three special resolutions aimed at increasing the company’s borrowing powers, expanding limits for loans and investments, and raising its authorized share capital. These approvals provide the company with greater financial flexibility to fund future operations and growth initiatives without requiring immediate further shareholder consent for incremental debt or equity raises within the new limits.

The proceedings were conducted in compliance with Regulation 30 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015. Mitesh Jayantilal Adani, Managing Director, chaired the meeting, which commenced at 11:30 AM at Sheel Complex, Navrangpura. A total of 16 members were present, satisfying the requisite quorum under the Companies Act, 2013. The meeting concluded at 12:10 PM after all resolutions were deemed passed with the requisite majority.

Key Resolutions Passed

Shareholders voted on five resolutions, comprising two ordinary items for routine business and three special resolutions for strategic changes. Voting was conducted via remote e-voting (August 4–6, 2026) and through ballot papers during the meeting. In cases where members voted via both methods, remote e-votes took precedence.

Resolution Type	Description	Outcome
Ordinary	Adoption of Audited Financial Statements for FY25-26	Passed
Ordinary	Re-appointment of Sangitaben Niranjankumar Jain as Director	Passed
Special	Increase in Borrowing Powers of the Company	Passed
Special	Increase in Limits of Loans and Investments by the Company	Passed
Special	Increase in Authorized Share Capital and Alteration of MOA Clause	Passed

Governance and Auditors

The Board of Directors, statutory auditors, secretarial auditors, and internal auditors attended the meeting to address shareholder queries. M/s. Shreekant S. Shah & Co. served as the Statutory Auditor, while M/s. RPSS & Co. acted as both the Secretarial Auditor and the Scrutinizer appointed under Section 109 of the Companies Act, 2013. M/s. S. Mandawat & Co. represented the Internal Audit function.

Ms. Deepti Thepadia, Company Secretary & Compliance Officer, facilitated the proceedings and confirmed that the combined voting results would be uploaded to the company’s website and the Bombay Stock Exchange within two working days. The audited financial statements for the financial year ended March 31, 2026, were adopted by the members, closing the books for FY25-26.

What This Means for Investors

The approval of increased borrowing powers and loan/investment limits signals management’s intent to optimize capital deployment. By securing these mandates upfront, Vivaa Tradecom can respond more agilely to market opportunities or liquidity needs. The alteration of the authorized share capital clause ensures the company has sufficient headroom for potential equity issuances or bonus shares, supporting long-term value creation without procedural delays.

1 Day	5 Days	1 Month	6 Months	1 Year	5 Years
0.0%	+1.88%	+24.22%	+183.51%	+123.91%	+146.59%

Vivaa Tradecom Limited has fixed Friday, July 31, 2026, as the record date to determine shareholder eligibility for remote e-voting and participation at its 16th Annual General Meeting (AGM). The AGM is scheduled for August 7, 2026, at 11:30 A.M. in Ahmedabad. The meeting will address the adoption of audited standalone financial statements for FY26 and seek shareholder approval for increasing the authorized share capital and borrowing powers.

For the financial year ended March 31, 2026, the company reported a net profit of ₹63.77 lakh, a decrease from ₹76.02 lakh in the previous year. Total income stood at ₹28,486.43 lakh, compared to ₹28,751.29 lakh in FY25, while total expenses were ₹28,351.45 lakh. Revenue from operations was ₹28,479.11 lakh, and earnings per share (EPS) stood at ₹1.62. The Directors have decided not to recommend any dividend for the period.

Financial Performance

Particulars	FY 2025-26 (₹ in Lakhs)	FY 2024-25 (₹ in Lakhs)
Total Income	28,486.43	28,751.29
Total Expenses	28,351.45	28,647.53
Profit Before Tax	134.98	103.79
Profit After Tax	63.77	76.02
Earnings Per Share (Basic)	1.62	1.93

AGM Agenda and Resolutions

The Board seeks shareholder consent to increase borrowing powers up to ₹50 crore and to raise the limits for loans, investments, and guarantees to ₹50 crore, subject to the provisions of the Companies Act, 2013. A special resolution has been proposed to increase the authorized share capital from ₹8 crore to ₹11 crore. This alteration involves increasing the number of equity shares from 80 lakh to 1.10 crore shares of ₹10 each.

Clause No	Earlier Clause	Amended Clause
V	The Authorized Share Capital of the Company is Rs. 8,00,00,000 (Rupees Eight Crore Only), divided into 80,00,000 (Eighty Lakh) Equity Shares of Rs. 10/- (Rupees Ten Only) each	The Authorized Share Capital of the Company is Rs. 11,00,00,000 (Rupees Eleven Crore Only), divided into 1,10,00,000 (One Crore Ten Lakhs) Equity Shares of Rs. 10/- (Rupees Ten Only) each

Governance and Compliance

Remote e-voting will commence on August 4, 2026, at 9:00 a.m. IST and conclude on August 6, 2026, at 5:00 p.m. IST. M/s. RPSS & Co has been appointed as the scrutinizer, and Central Depository Services (India) Limited (CDSL) will serve as the e-voting agency. M/s. Shreekant S. Shah & Co. serves as the statutory auditor for the company.