BHARAT AGRI FERT & REALTY LTD.

Bharat Agri Fert & Realty Ltd has filed its Annual Report for the Financial Year 2025-26, along with the Notice of its 41st Annual General Meeting (AGM). The report, submitted as per SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015, details the company's performance and statutory information for the fiscal year. The AGM will be held via Video Conferencing (VC) or Other Audio Visual Means (OAVM) on Tuesday, September 29, 2026, at 04:00 P.M. Book closure for the AGM is scheduled from September 23, 2026, to September 29, 2026, inclusive. The Annual Report is available on the company's website, www.bafrl.com, and is being sent electronically to members with registered email addresses.

Bharat Agri Fert & Realty Ltd has announced its 41st Annual General Meeting (AGM) to be held on Tuesday, September 29, 2026, at 04:00 P.M. The meeting will be conducted via Video Conferencing (VC) / Other Audio-Visual Means (OAVM) in compliance with MCA and SEBI circulars. Key agenda items include the adoption of Audited Financial Statements for FY 2025-26, the appointment of a director retiring by rotation, the payment of remuneration to the Cost Auditors M/s. S.R. Singh & Co. for FY 2026-27, and the re-appointment of Mr. Hemant Nandkishor Bataviya as a Non-Executive Independent Director for a second term.

Bharat Agri Fert & Realty Ltd announced the appointment of Mr. Ramraghav Rameshkumar Jha as the Company Secretary and Compliance Officer (KMP) effective September 04, 2026. The decision was approved by the Board of Directors following a recommendation from the Nomination and Remuneration Committee during a meeting held on September 03, 2026. Mr. Jha is an Associate member of the Institute of Company Secretaries of India and holds a Bachelor of Commerce degree. He is not related to any other Director of the Company and holds no shares currently.

Bharat Agri Fert & Realty Ltd announced the appointment of Mr. Ramraghav Rameshkumar Jha as the Company Secretary and Compliance Officer (KMP). The appointment is effective from September 04, 2026. Mr. Jha is an Associate member of the Institute of Company Secretaries of India and holds a Bachelor of Commerce degree. He is not related to any other Director of the Company. The board meeting where this decision was made commenced at 04:00 P.M. and concluded at 04:30 P.M. on September 03, 2026.

Bharat Agri Fert & Realty's standalone revenue fell 18.8% YoY to ₹4.51 Cr in Q1 FY27 (₹5.56 Cr in Q1 FY26) and 27.2% QoQ from ₹6.20 Cr, while the net loss widened to ₹1.98 Cr from ₹0.34 Cr a year earlier — a sharp swing from the ₹1.23 Cr profit booked in the seasonally stronger Q4 FY26 quarter. Net margin compressed to -43.9% from -5.0% YoY and operating margin (EBITDA basis) fell to 22.1% from 31.2%, so the deterioration shows up on both the revenue and cost lines, not just below the operating line. There is no formal management guidance on record for this quarter, and being a micro-cap with negligible free float and no analyst coverage, no street estimates exist to benchmark against (a targeted search turned up none) — vsStreet and vsGuidance are both unknown rather than beat or miss. The loss was driven by all three segments moving the wrong way YoY: the Fertiliser business — which had NIL capacity utilization again this quarter — swung to a ₹0.73 Cr segment loss from a ₹0.15 Cr profit, and auditors reiterate they cannot obtain sufficient evidence to assess whether the segment's plant and equipment needs an impairment provision. The Resort (Anchaviyo) segment also swung to a ₹0.34 Cr loss from a ₹0.62 Cr profit despite management's press-release claim that resort operations "demonstrated positive operational performance during the year" — this quarter's number says otherwise, even as the ongoing expansion (adding 116 keys to reach 236 total) continues. The Construction/Realty segment loss narrowed to ₹0.36 Cr from ₹0.51 Cr, with the Wembley-60 project at Majiwada, Thane progressing to the 30th floor and over 75% of units offered up to the 35th floor now sold (200+ units) — the one segment showing genuine operating progress. Auditors again qualified their review over ₹10.21 Cr of overdue trade receivables carried without provision, a matter unresolved across multiple quarters. This quarter's other corporate developments — re-appointment of two independent directors and the resignation of the Company Secretary effective August 31, 2026 — are governance items unconnected to the operating numbers.

Bharat Agri Fert & Realty Ltd announced the outcome of its Board Meeting held on August 11, 2026. The Board approved the unaudited financial results for the quarter ended June 30, 2026. Additionally, the Board approved the re-appointment of two Independent Directors, Mr. Kalpesh Chandrakant Shah and Mr. Hemant Nandkishor Bataviya, for a second term of five years commencing March 31, 2027. The Board also accepted the resignation of Mr. Akshay Kumar as Company Secretary and Compliance Officer, effective August 31, 2026.

Bharat Agri Fert & Realty Ltd announced changes in its management following a Board Meeting on August 11, 2026. The company approved the unaudited financial results for the quarter ended June 30, 2026. Key personnel changes include the re-appointment of Mr. Kalpesh Chandrakant Shah and Mr. Hemant Nandkishor Bataviya as Non-Executive Independent Directors for a second five-year term, commencing March 31, 2027. Additionally, the Board accepted the resignation of Mr. Akshay Kumar as Company Secretary and Compliance Officer, effective August 31, 2026, to pursue other career opportunities. The meeting also reviewed financial results and auditor reports.

Bharat Agri Fert & Realty Ltd has announced that its Board of Directors will convene on August 11, 2026. The primary agenda item is to consider and approve the Unaudited Financial Results for the quarter ended June 30, 2026, along with the auditor's limited review report. The company also noted that the trading window for the aforementioned quarter has been closed since July 1, 2026, and will reopen 48 hours after the financial results are declared, in compliance with SEBI regulations on insider trading.

Bharat Agri Fert & Realty Ltd has announced the closure of its trading window for dealing in the company's securities. This closure is effective from July 1, 2026, and will remain in effect until 48 hours after the declaration of the unaudited financial results for the quarter ended June 30, 2026. The decision aligns with SEBI (Prohibition of Insider Trading) Regulations, 2015, and applies to designated persons, their immediate relatives, and connected individuals. The exact date of the board meeting to approve the financial results will be communicated later. This measure is standard practice to prevent insider trading during the sensitive period leading up to financial result announcements.

Bharat Agri Fert & Realty Ltd's audited financial results for the year ended March 31, 2026, reveal a qualified opinion from auditors Desai Saksena & Associates. The report highlights a failure to provide for ₹10.21 Cr in old, overdue trade receivables, which would have increased the reported loss and reduced shareholder funds by the same amount. The company also re-appointed internal, cost, and tax auditors for FY 2026-27.