Narmada Agrobase Ltd has published a newspaper advertisement regarding its 14th Annual General Meeting, which is scheduled to be held through video conferencing or other audio-visual means. The company informed the stock exchanges that the notice was published on June 26, 2026, in the Financial Express, covering both the English edition (Ahmedabad) and the Gujarati edition. This publication serves as an official intimation to the shareholders and the regulatory bodies about the upcoming meeting.

The disclosure was addressed to the Head of Listing Operations at BSE Limited and the Corporate Relations Department at the National Stock Exchange of India Ltd. The company confirmed that copies of the notice as published in the newspapers are enclosed with the communication. The filing was signed by Neerajkumar Sureshchandra Agrawal, Chairman and Managing Director of the company.

Meeting Details

The 14th Annual General Meeting will be conducted via video conferencing. This mode of meeting allows shareholders to participate remotely without attending in person. The specific agenda items, date, and time of the meeting are detailed in the newspaper advertisement, which has been circulated to ensure wide reach among the shareholders.

Regulatory Compliance

The publication of the notice in widely circulated newspapers is a standard regulatory requirement for holding general meetings. By informing the exchanges, Narmada Agrobase Ltd ensures compliance with the listing agreements and SEBI regulations concerning shareholder communication and meeting conduct.

Narmada Agrobase reported a net profit of ₹385.73 lakh for the financial year ended March 31, 2026, reflecting a 5.6% increase compared to ₹408.79 lakh in the previous year. Revenue from operations for FY26 stood at ₹7839.36 lakh, up 19.3% from ₹6567.66 lakh in FY25. For the quarter ended March 31, 2026, the company recorded a profit of ₹79.83 lakh on revenue from operations of ₹3400.47 lakh.

The Board of Directors approved the audited standalone financial results for the quarter and year ended March 31, 2026 at a meeting held on May 29, 2026. Statutory auditors M/s Jain Kedia & Sharma issued an unmodified opinion on the financial results. The company confirmed there were no deviations in the use of proceeds from its rights issue, with ₹770 lakh remaining unutilized and held in fixed deposits as of March 31, 2026.

Financial Performance

Total revenue for FY26 increased to ₹7966.75 lakh from ₹6633.91 lakh in the previous year. Total expenses rose to ₹7446.16 lakh from ₹6118.25 lakh. The company reported an earnings per share (EPS) of ₹1.02 for FY26, compared to ₹1.56 in the prior year.

Corporate Actions

The board approved the sub-division of one equity share of face value ₹10 each into two equity shares of face value ₹5 each. This split is subject to shareholder and regulatory approvals. The authorized share capital will be altered to ₹38 crore divided into 7.6 crore equity shares of ₹5 each. The record date for the split will be intimated separately.

Narmada Agrobase confirmed it does not fall under the category of Large Corporates as per SEBI circular dated November 26, 2018, with outstanding borrowings of ₹10.09 crore as of March 31, 2026.

Source: https://lodr-files.dhan.co/lodr-inputs/Company/INE117Z01011/1b4429fb-ab77-48b2-9696-d3ce7805e789.pdf