Thrive Future Habitats Limited Conducts Successful EGM, Approves Capital Increase and Key Resolutions

2 min read     Updated on 17 Feb 2026, 11:22 PM
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Reviewed by
Ashish TScanX News Team
Overview

Thrive Future Habitats Limited successfully conducted its EGM on February 17, 2026, through video conferencing with 20 members representing 72,72,248 equity shares participating. Shareholders approved four key resolutions including authorized share capital increase, preferential issuance of up to 17,58,592 equity shares, Managing Director's remuneration approval, and adoption of new Articles of Association. The meeting concluded at 4:19 PM with voting results to be announced by February 19, 2026.

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*this image is generated using AI for illustrative purposes only.

Thrive Future Habitats Limited (formerly ador multiproducts Limited) successfully conducted its Extra Ordinary General Meeting (EGM) on February 17, 2026, with shareholders approving four key resolutions that will shape the company's future operations and capital structure.

Meeting Overview and Participation

The EGM was held on Tuesday, February 17, 2026, at 04:00 PM (IST) through Video Conferencing and Other Audio-Visual Means (VC/OAVM), with the deemed venue at the company's registered office at Ador House, Mumbai. The meeting demonstrated strong corporate governance with comprehensive participation from the leadership team.

Parameter: Details
Meeting Mode: Video Conferencing / Other Audio-Visual means
Date & Time: Tuesday, February 17, 2026 at 04:00 PM (IST)
Total Shareholders (Record Date): 4514
Record Date: February 10, 2026
Attending Members: 20
Shares Represented: 72,72,248 equity shares
Meeting Duration: Concluded at 4:19 PM

Leadership and Governance

The meeting was chaired by Mr. Arvinder Singh Pasricha, Chairman of the Company and Chairman of Stakeholders Relationship Committee. The comprehensive attendance included Mr. Vinay Kumar Singh as Managing Director and CFO, Mr. Sandeep Ahuja as Independent Director and Chairman of Audit Committee and Nomination and Remuneration Committee, and Ms. Praveen Kumari Singh as Independent Director. Mr. Praveen K Nagarajan represented the statutory auditors M/s. Praveen & Madan, while Mr. Dinesh Shivnarayan Birla served as the scrutinizer.

Key Resolutions Approved

Shareholders approved four critical resolutions that will significantly impact the company's operational and financial framework:

Resolution: Type Status
Increase in Authorized Share Capital and amendment in Memorandum of Association: Ordinary Resolution Approved
Issuance of up to 17,58,592 equity shares on preferential basis: Special Resolution Approved
Payment of remuneration to Managing Director for 2 years: Special Resolution Approved
Adoption of new Articles of Association: Special Resolution Approved

Voting Process and Compliance

The company provided comprehensive e-voting facilities in compliance with the Companies Act, 2013, and SEBI regulations. Remote e-voting commenced on Saturday, February 14, 2026, at 09:00 AM (IST) and concluded on Monday, February 16, 2026, at 05:00 PM (IST). Members present at the meeting who had not participated in remote e-voting were provided the opportunity to vote during the proceedings using NSDL's e-voting platform.

Ms. Pinki Sharma, Company Secretary and Compliance Officer, confirmed the requisite quorum was present and managed the procedural aspects of the meeting. The e-voting facility remained open for an additional 15 minutes after the formal proceedings to ensure all members could participate.

Results and Next Steps

The Chairman announced that voting results would be declared on or before February 19, 2026, with immediate intimation to BSE and publication on the company's website and NSDL platform. This EGM represents a significant milestone in the company's corporate governance journey, demonstrating strong shareholder support for strategic initiatives including capital restructuring and operational enhancements.

Historical Stock Returns for Thrive Future Habitats

1 Day5 Days1 Month6 Months1 Year5 Years
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Thrive Future Habitats Limited Reports Quarterly Profit of ₹34.55 Lakh in Q3FY26

2 min read     Updated on 06 Feb 2026, 06:08 PM
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Reviewed by
Radhika SScanX News Team
Overview

Thrive Future Habitats Limited reported a standalone net profit of ₹34.55 lakh in Q3FY26, reversing from a ₹10.61 lakh loss in Q3FY25, primarily driven by other income of ₹75.21 lakh. However, operational revenue declined significantly to ₹7.96 lakh from ₹63.43 lakh year-over-year. For the nine-month period, the company reduced its net loss to ₹32.36 lakh from ₹51.53 lakh in the previous year, showing improvement in cost management despite ongoing challenges in the personal care products segment.

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*this image is generated using AI for illustrative purposes only.

Thrive Future Habitats Limited (formerly Ador Multiproducts Limited) has announced its unaudited financial results for the quarter and nine months ended December 31, 2025. The company demonstrated a notable turnaround in quarterly performance, reporting a standalone net profit despite ongoing operational challenges in its core business segments.

Quarterly Financial Performance

The company's Q3FY26 results showed a remarkable recovery with several key metrics indicating improved performance:

Metric Q3FY26 Q3FY25 Change
Total Income ₹83.25 lakh ₹64.72 lakh +28.62%
Net Sales/Income from Operations ₹7.96 lakh ₹63.43 lakh -87.45%
Other Income ₹75.21 lakh ₹1.11 lakh +6,675.68%
Total Expenses ₹31.69 lakh ₹75.33 lakh -57.93%
Net Profit/(Loss) ₹34.55 lakh (₹10.61 lakh) Positive turnaround
Basic EPS ₹0.37 (₹0.23) Positive

The company's quarterly performance was significantly boosted by other income of ₹75.21 lakh, which contributed substantially to the overall profitability. Meanwhile, operational revenue from net sales declined dramatically to ₹7.96 lakh from ₹63.43 lakh in the corresponding quarter of the previous year.

Nine-Month Performance Analysis

For the nine-month period ended December 31, 2025, the company's performance showed mixed results:

Parameter 9M FY26 9M FY25 Variance
Total Income ₹154.81 lakh ₹160.01 lakh -3.25%
Operating Income ₹75.08 lakh ₹152.80 lakh -50.86%
Total Expenses ₹170.16 lakh ₹211.54 lakh -19.58%
Net Loss (₹32.36 lakh) (₹51.53 lakh) 37.18% improvement
Basic EPS (₹0.36) (₹1.11) Improvement

The nine-month results indicate a reduction in net loss by 37.18% compared to the previous year, primarily due to lower total expenses and improved other income streams.

Segment-wise Performance

The company operates primarily in the personal care products segment, which showed challenging performance metrics:

Segment Details Q3FY26 Q3FY25
Personal Care Products Revenue ₹7.96 lakh ₹63.43 lakh
Segment Result (Loss) (₹23.05 lakh) (₹9.38 lakh)
Capital Employed ₹2,478.87 lakh ₹238.65 lakh

The personal care products segment experienced a significant decline in revenue while segment losses increased. However, capital employed in the segment rose substantially to ₹2,478.87 lakh from ₹238.65 lakh in the previous year.

Consolidated Results

The consolidated financial results, which include subsidiaries 1908 E-Ventures Private Limited and Aura Flow Private Limited, showed similar trends:

  • Consolidated net profit for Q3FY26: ₹34.03 lakh versus loss of ₹17.82 lakh in Q3FY25
  • Nine-month consolidated loss: ₹34.10 lakh compared to ₹21.50 lakh loss in the previous year
  • Consolidated total income for Q3FY26: ₹83.23 lakh

Corporate Developments

The Board of Directors meeting was held on February 06, 2026, where the unaudited standalone and consolidated financial results were approved. The meeting commenced at 11:39 a.m. (IST) and concluded at 11:59 a.m. (IST). The company's trading window, which was closed from December 29, 2025, is scheduled to reopen on February 09, 2026.

The financial results demonstrate the company's efforts toward operational restructuring, with significant cost reduction measures reflected in lower total expenses. However, the substantial decline in operational revenue from the core personal care products business remains a key challenge that requires strategic attention.

Historical Stock Returns for Thrive Future Habitats

1 Day5 Days1 Month6 Months1 Year5 Years
+1.65%-2.40%+5.12%+15.58%+320.73%+20.54%
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