Wagend Infra Venture Limited has scheduled its 44th Annual General Meeting (AGM) for Wednesday, September 30, 2026. The meeting will commence at 3:30 pm and will be conducted through video conferencing or other audio-visual means (VC/OAVM).

The company announced the date in compliance with the Companies Act, 2013, and various circulars issued by the Ministry of Corporate Affairs (MCA) and the Securities and Exchange Board of India (SEBI). These regulations permit listed entities to hold general meetings without the physical presence of members at a common venue.

Meeting Details

Shareholders will receive an electronic copy of the AGM notice, which includes the Annual Report for FY26, e-voting instructions, and login credentials for joining the virtual meeting. The notice will be dispatched to members who have registered their email addresses with the company or their Depository Participants.

The AGM notice and the annual report will also be available on the company’s website and the Bombay Stock Exchange (BSE) website. The company stated that no hard copies of the notice will be provided to members.

E-Voting Process

Remote e-voting and e-voting during the AGM will be facilitated by Central Depository Services Limited (CDSL). The specific voting window and procedures are detailed in the formal AGM notice.

Members holding shares in physical form or those without registered email addresses must follow specific steps to participate:

• Physical Shareholders: Must send a signed request letter with their folio number and address, along with self-attested copies of their PAN card and address proof, to the registrar.
• Electronic Shareholders: Must ensure their email, PAN, and bank details are updated with their Depository Participant.

Regulatory Compliance

The announcement cites multiple MCA and SEBI circulars from 2020 through 2025 that enable remote AGMs. This aligns with ongoing regulatory frameworks allowing digital shareholder engagement.

The company’s Company Secretary and Compliance Officer, Unnati Sharma, signed the disclosure filed with the BSE on September 5, 2026.

Wagend Infra Venture reported a narrowed net loss for the first quarter of FY26, driven by a substantial increase in operating income. The company posted a net loss of ₹1.13 lakh for the quarter ended June 30, 2026, compared to a loss of ₹1.70 lakh in the same quarter last year. Total income from operations surged to ₹140.27 lakh, up significantly from ₹42.87 lakh in Q1FY25.

The improvement in the top line helped mitigate the bottom-line deficit. In the preceding quarter (Q4FY26), the company had reported a net profit of ₹3.32 lakh on revenues of ₹90.00 lakh. The full-year audited results for FY26 showed a net profit of ₹1.23 lakh on total income of ₹278.62 lakh.

Financial Performance

The company’s equity share capital remained unchanged at ₹942.50 lakh. Reserves stood at zero for the current quarter and the previous fiscal year. Earnings per share (EPS) were negative at -₹0.002 for the current quarter, reflecting the net loss position.

What the Numbers Show

The divergence between the strong revenue growth and the persistent net loss highlights ongoing pressure on margins or high fixed costs relative to the scale of operations. While income from operations more than tripled year-on-year, it was insufficient to generate a net profit for the quarter, indicating that operating expenses or other costs absorbed the additional revenue. The company remains dependent on maintaining this revenue trajectory to achieve consistent profitability.