White Organic Agro has scheduled its 36th Annual General Meeting (AGM) for September 30, 2026. The meeting will be conducted via Video Conferencing or Other Audio-Visual Means, with key agenda items including the reappointment of the Managing Director and approval of related-party transactions.

The company dispatched physical letters containing web links to its FY26 Annual Report and AGM notice to shareholders who have not registered email addresses. This dispatch complies with Regulation 36(1)(b) of the SEBI Listing Obligations and Disclosure Requirements Regulations, 2015. The letters were issued on September 5, 2026, following a cut-off date of August 28, 2026.

AGM Agenda and Resolutions

The AGM will address both ordinary and special business. Under ordinary business, shareholders will consider and adopt the Annual Audited Financial Statements for FY26. Additionally, Mr. Darshak Rupani retires by rotation and offers himself for reappointment as a Director.

Special business items include:

• Remuneration for Non-Executive Director: Approval of remuneration for Mr. Prashant Rupani, Non-Executive Director, at an amount not exceeding ₹1,00,000 per month for FY27 onwards.
• Reappointment of Managing Director: Reappointment of Mr. Darshak Rupani as Managing Director for a further term of three years, effective November 14, 2026. His proposed salary is up to ₹18,00,000 per annum plus bonus and perquisites.
• Related Party Transactions: Approval of material related-party transactions between the company and Mr. Prashant Rupani. This includes borrowing up to ₹10 crore on an interest-free, unsecured basis for working capital requirements.

Financial Performance Context

The explanatory statement provides financial performance indicators based on standalone audited financial statements for the last three years:

Revenue declined from ₹37.73 crore in FY24 to ₹17.56 crore in FY26. Net profit after tax also contracted over the same period, falling from ₹1.17 crore to ₹0.98 crore.

E-voting and Participation Details

Shareholders whose names appear in the Register of Members as of the cut-off date, September 23, 2026, are entitled to participate. The e-voting facility is provided through the Central Depository Services Ltd platform. Remote e-voting will be open from September 27, 2026, at 9:00 pm to September 29, 2026, at 5:00 pm.

Physical shareholders must provide folio numbers, share certificates, and self-attested PAN and Aadhaar copies to register for e-voting. Demat shareholders are required to update their email IDs and mobile numbers with their respective Depository Participants.

Key Dates

KYC and Demat Updates

The company reminded shareholders to update KYC details pursuant to SEBI Master Circular No. SEBI/HO/MIRSD/POD-1/P/CIR/2024/37 dated May 7, 2024. This includes recording PAN, address, mobile number, bank account details, specimen signature, and nomination choice for physical holdings.

Effective April 1, 2024, payments such as dividends for physical folios missing these details are made only through electronic mode. Shareholders are encouraged to dematerialise physical securities and register email IDs to avail online services.

The Board of Directors of White Organic Agro Limited approved financial results for the quarter ended June 30, 2026, revealing a substantial turnaround in profitability and top-line growth. The company reported a net profit after tax (PAT) of ₹75.48 crore, a stark contrast to the net loss of ₹107.77 crore recorded in the corresponding quarter of FY26.

Revenue from operations jumped significantly to ₹654.39 crore in Q1FY27, up from ₹5.79 crore in Q1FY26. This represents a year-on-year increase of over 11,000%, indicating a major expansion in business activity or consolidation effects during the period.

Financial Performance

The company’s operational efficiency improved markedly alongside the revenue surge. Profit before tax stood at ₹75.48 crore for the quarter, compared to a loss before tax of ₹107.77 crore in Q1FY26. With no tax expense reported in either period, the bottom-line figures mirror the pre-tax performance.

Earnings per share (EPS) turned positive at ₹0.15 per equity share of face value ₹10 each, recovering from a negative EPS of ₹0.23 in the previous year’s quarter. The total comprehensive income for the quarter was reported at ₹53.89 crore, compared to ₹80.65 crore in Q1FY26.

What the Numbers Show

The divergence between the massive revenue growth and the lower comprehensive income figure warrants attention. While revenue expanded by over 11,000%, total comprehensive income declined from ₹80.65 crore in Q1FY26 to ₹53.89 crore in Q1FY27. This suggests that while core operational profitability has improved sharply (moving from a large loss to a profit), other comprehensive income items—such as revaluation reserves or foreign currency translation adjustments—may have contributed negatively or less positively in the current quarter compared to the prior year.

Regulatory Disclosures

The results were approved at the Board meeting held on August 14, 2026. The company published the results in Financial Express (English) and Pratahkal (Marathi) on August 16, 2026, in compliance with Regulation 47 of the SEBI (LODR) Regulations, 2015. The auditors have issued an unmodified opinion on the quarterly financial statements.