Addi Industries schedules 44th AGM on September 30, 2026

ScanX News Addi Industries schedules 44th AGM on September 30, | Published on 08 Sept 2026, 10:05 PM | Updated on 08 Sept 2026, 10:05 PM Reviewed by Add as a preferred source on Google *this image is generated using AI for illustrative purposes only. Addi Industries has scheduled its 44th Annual General Meeting for September 30, 2026. The meeting will commence at 9:30 am through video conferencing or other audio-visual means. The deemed venue is the company's registered office in New Delhi. The Board of Directors issued the notice on September 8, 2026, alongside the Integrated Annual Report for FY26. In compliance with SEBI Listing Regulations, the documents are being sent electronically to members with registered email addresses. Shareholders without registered emails have been informed via letter to access the materials via the company website. Meeting Details The AGM will be conducted virtually to ensure wider participation. Members holding shares in dematerialised form are advised to register their email addresses with their respective Depository Participants. Physical shareholders may register with the Registrar to an Issue and Share Transfer Agent, Beetal Financial & Computer Services (P) Limited. Detail Information Meeting Type 44th Annual General Meeting Date September 30, 2026 Time 9:30 am Mode Video Conferencing / OAVM Deemed Venue New Delhi Document Access The Integrated Annual Report for FY26 is available on the company's website. Members who prefer a physical copy can request it by writing to the designated email address, quoting their Folio Number or DP ID and Client ID. The company has provided a QR code in the communication for quick digital access to the report. Historical Stock Returns for Addi Industries 1 Day 5 Days 1 Month 6 Months 1 Year 5 Years - 1. 16 % - 6. 04 % 0.0% 0.0% 0.0% 0.0% What specific strategic initiatives or capital allocation plans for FY27 are likely to be discussed at the upcoming AGM? fuzz it How might the virtual-only format of the AGM impact shareholder engagement levels and voting participation compared to previous years? fuzz it Are there any pending regulatory approvals or legal matters from FY26 that could influence Addi Industries' operational outlook for the next fiscal year? fuzz it ScanX News Addi Industries schedules 44th AGM on September 30, | Published on 03 Aug 2026, 01:57 PM | Updated on 03 Aug 2026, 01:57 PM Reviewed by Add as a preferred source on Google *this image is generated using AI for illustrative purposes only. Addi Industries reported a consolidated net profit of ₹90.31 lakh for the quarter ended June 30, 2026, marking an 8% year-on-year increase from ₹83.96 lakh in Q1FY26. Standalone net profit rose to ₹86.45 lakh from ₹80.33 lakh in the corresponding prior period. Despite the profit growth, the company recorded nil revenue from operations, indicating that earnings were derived exclusively from non-operational sources. The Board of Directors highlighted a material uncertainty regarding the company's ability to continue as a going concern, noting that while it is exploring new business ventures, none have been implemented yet. The financial results were approved by the Board on August 01, 2026, and reviewed by the statutory auditors. In compliance with Regulation 47 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015, the unaudited standalone and consolidated results were published in Financial Express and Jansatta on August 02, 2026. The filing also disclosed that the accounts have been prepared on a going concern basis due to significant cash and bank balances, positive net worth, and no borrowings. Financial Performance The company's total income stood at ₹646.56 lakh (consolidated), comprising entirely of other income at ₹134.49 lakh, as revenue from operations was nil. Total expenses decreased significantly to ₹536.68 lakh from ₹743.98 lakh in FY26, primarily due to lower employee benefits and other expenses. However, purchases of stock in trade accounted for ₹508.21 lakh of the consolidated expenses. Particulars Standalone Q1FY27 Consolidated Q1FY27 Revenue from Operations - - Other Income ₹134.49 lakh ₹134.49 lakh Total Income ₹134.49 lakh ₹646.56 lakh Total Expenses ₹28.47 lakh ₹536.68 lakh Profit Before Tax ₹106.02 lakh ₹109.88 lakh Net Profit After Tax ₹86.45 lakh ₹90.31 lakh Standalone profit before tax was ₹106.02 lakh, compared to ₹106.00 lakh in Q1FY26. Tax expenses totaled ₹19.57 lakh (standalone) and ₹19.57 lakh (consolidated). Earnings per share (basic) were ₹0.80 for both standalone and consolidated figures, up from ₹0.74 in the previous year's quarter. What the Numbers Show The divergence between nil operational revenue and positive net profit underscores the company's current reliance on non-operating income streams. While consolidated total income appears higher at ₹646.56 lakh due to the inclusion of stock-in-trade purchases in the expense structure, the core operational activity remains dormant. The significant reduction in total expenses from the previous fiscal year suggests cost containment measures are effective, but the lack of revenue generation poses a strategic risk. The Board's disclosure of material uncertainty reinforces the transitional nature of the business, which is currently preserving cash reserves while seeking new ventures. Historical Stock Returns for Addi Industries 1 Day 5 Days 1 Month 6 Months 1 Year 5 Years - 1. 16 % - 6. 04 % 0.0% 0.0% 0.0% 0.0% What specific new business ventures is Addi Industries currently exploring, and what is the projected timeline for their implementation? fuzz it How sustainable is the company's reliance on non-operational income streams given the absence of core revenue generation? fuzz it What are the potential risks to the company's 'going concern' status if the exploration of new ventures fails to yield results in the near term? fuzz it view all