VK Global Industries Limited has closed its trading window for dealing in securities effective October 1, 2026. The restriction remains in force until 48 hours after the declaration of unaudited financial results for the quarter ended September 30, 2026.

This action is taken pursuant to the company's Code of Conduct for the Prohibition of Insider Trading, framed under the SEBI (Prohibition of Insider Trading) Regulations, 2015. During this closed period, employees, directors, key managerial personnel, designated persons, and their immediate relatives are prohibited from trading in the company's shares or securities.

Regulatory Compliance Details

The company notified BSE Limited on September 26, 2026, regarding the closure. The board meeting to consider and approve the unaudited financial results for Q2FY27 will be intimated in due course. This information is also available on the company's website.

The filing was signed by Saurabh Gupta, Company Secretary and Compliance Officer. The company is formerly known as SPS International Limited and is registered in Faridabad, Haryana.

VK Global Industries Limited reported a profit after tax of ₹9.91 lakh for FY26, marking a turnaround from a loss of ₹43.22 lakh in the previous fiscal year. This result reflects the company's first full year of commercial operations following the commencement of production in March 2025.

Revenue from operations rose significantly to ₹99.21 lakh in FY26, compared to ₹5.91 lakh in FY25. The sharp increase is attributed to the stabilization of the company's hydroponic facility at Industrial Model Town, Faridabad, which includes a naturally ventilated poly house and an automated NFT house.

Financial Performance Snapshot

Operational Highlights

The company obtained its license from the Food Safety and Standards Authority of India and supplied farm produce under stringent quality control. Market outreach was strengthened through a digital and e-commerce strategy serving customers across Delhi-NCR. The Board noted that hydroponics serves as the base platform, with plans to widen the product mix and move into value-added and processed offerings.

AGM Proceedings and Voting Results

The 33rd Annual General Meeting was held on September 22, 2026, via video conferencing. Members adopted the audited financial statements for the year ended March 31, 2026. The meeting also approved the re-appointment of Rahul Jain as Managing Director, who retires by rotation and offers himself for re-appointment.

Voting results declared on September 23, 2026, showed that both ordinary resolutions were passed with a requisite majority. Out of 2,368 shareholders on the cut-off date, 28 attended via video conferencing (5 promoters, 23 public). No shareholders were present in person or through proxy.

For both the adoption of financial statements and the re-appointment of the Managing Director, the voting pattern was identical:

Promoters voted 91.27% of their holding, while public non-institutional shareholders cast 3.65% of their holding. The dissenting votes came entirely from the public non-institutional category.

Governance and Auditors

The statutory auditors, Jain Jain & Associates, and secretarial auditors, P.C. Jain & Co., expressed unqualified opinions for FY26, with no material qualifications or adverse comments. P.C. Jain & Co. also served as the scrutinizer for the e-voting process, confirming that the resolutions were duly passed by remote e-voting and e-voting at the AGM.

What the Numbers Show

The transition from a loss-making entity to profitability in FY26 highlights the operational leverage achieved during the first full year of production. With revenue scaling from ₹5.91 lakh to ₹99.21 lakh, the fixed cost absorption improved drastically, resulting in a profit before tax of ₹13.36 lakh. The earnings per share shift from negative to positive confirms the viability of the new business vertical. Notably, while the promoter group supported both resolutions unanimously, a significant portion of the participating public minority (98.34% of their polled votes) voted against the adoption of accounts and director re-appointment, indicating potential dissatisfaction among retail investors despite the overall majority approval.