Birla Transasia Carpets Ltd

Birla Transasia Carpets Limited has issued a corrigendum notice for its 51st Annual General Meeting (AGM) scheduled for September 28, 2026. The company has withdrawn Item No. 7 from the AGM's agenda, which pertained to altering the Memorandum of Association. This withdrawal reduces the total number of business items from seven to six. The remote e-voting facility will remain available for items 1 to 6, but not for the withdrawn item. All other details of the AGM, including date, time, and mode, remain unchanged.

Birla Transasia Carpets Ltd has withdrawn its previously announced transaction to alter the main object clause of its Memorandum of Association. The decision, made following management discussions and a mutual decision by the Board members, is effective immediately. The company stated that this withdrawal will have no material impact on its operations or financial position. The Board meeting where this decision was finalized commenced at 05:30 p.m. and concluded at 06:30 p.m.

Birla Transasia Carpets Ltd has released its Annual Report for the financial year ended March 31, 2026, along with the Notice of the 51st Annual General Meeting (AGM) scheduled for September 28, 2026. The report details a significant financial downturn, with zero revenue reported for FY26, compared to zero revenue in FY25. The company incurred a Profit Before Tax (PBT) and Profit After Tax (PAT) loss of ₹96.89 Lakhs in FY26, a substantial increase from the ₹0.20 Lakhs loss in the previous year. This adverse performance is attributed to a slowdown in deal completion and unfavorable economic conditions. The company is providing remote e-voting and e-voting at the AGM facilities through NSDL. The issued, subscribed, and paid-up share capital remains ₹2.83 Crores.

Birla Transasia Carpets Ltd announced that its Board of Directors has approved the alteration of the company's Memorandum of Association. This involves inserting new clauses 42-49 after the existing clause 41. The approved alterations expand the company's potential business activities into diverse sectors including health, wellness, preventive healthcare, lifestyle products, apparel, jewellery, and related technology and services. The decision is subject to necessary regulatory approvals.

Birla Transasia Carpets Ltd announced that its Board of Directors, in a meeting held on September 2, 2026, approved the alteration of the company's Memorandum of Association. This includes inserting new clauses (42-49) after the existing clause 41. The alterations aim to expand the company's business scope into health, wellness, preventive healthcare, lifestyle and apparel, jewellery, and related services, including consultancy and research. The decision is subject to necessary regulatory approvals.

Birla Transasia Carpets Ltd announced the appointment of M/s C P C & Company as its statutory auditor for a period of five years. This decision was made during a Board of Directors meeting. The company also approved the appointment of Mr. Ankit Mazumdar as Secretarial Auditor for five years and appointed Mr. Manish Bhargan Rane and Mrs. Madhura Ganesh Mahendrakar as Independent Directors for two years each. The 51st Annual General Meeting (AGM) is scheduled for September 28, 2026, with September 21, 2026, set as the cut-off date for e-voting eligibility. The audited financial statements for the year ending March 31, 2026, will be presented at the AGM.

Birla Transasia Carpets Ltd has announced the fixation of book closure for its 51st Annual General Meeting (AGM) on Monday, September 21, 2026. The AGM will be held on Monday, September 28, 2026, at 11:00 a.m. IST through Video Conferencing/Other Audio-Visual Means. The company's board also approved the adoption of Audited Financial Statements for the year ended March 31, 2026, the re-appointment of Mr. Arun Kumar Singhi, and the appointment of M/s C P C & Company as Statutory Auditors and Mr. Ankit Mazumdar as Secretarial Auditor for five years. Additionally, Mr. Manish Bhargan Rane and Mrs. Madhura Ganesh Mahendrakar were appointed as Independent Directors for two years. Remote e-voting will be open from September 25 to September 27, 2026.

Birla Transasia Carpets Ltd announced key decisions from its board meeting, including the fixation of the 51st Annual General Meeting (AGM) date for September 28, 2026. The company also approved the appointment of two new Independent Directors, Mr. Manish Bhargan Rane and Mrs. Madhura Ganesh Mahendrakar, for a term of two years each. Additionally, M/s C P C & Company has been appointed as the Statutory Auditor and Mr. Ankit Mazumdar as the Secretarial Auditor, both for a period of five years. The board will also consider the audited financial statements for the year ended March 31, 2026, at the AGM. A cut-off date of September 21, 2026, has been set for determining voting rights.

Birla Transasia Carpets Ltd announced the approval of its unaudited quarterly financial results for the quarter ended June 30, 2026. The Board of Directors reviewed and approved the standalone un-audited financial results along with the Limited Review Report. The financial statements were prepared in accordance with Indian Accounting Standard 34 and comply with SEBI Listing Regulations. The company reported a net loss of ₹3.72 for the quarter, with total expenditure at ₹3.72 and total income at ₹0. Paid-up equity share capital remains ₹283.50.

Birla Transasia Carpets Ltd announced its unaudited financial results for the quarter ended June 30, 2026. The Board of Directors approved the standalone un-audited financial results along with the Limited Review Report. The company's financial statements were prepared in accordance with Indian Accounting Standard 34 and comply with SEBI (Listing Obligations & Disclosure Requirements) Regulations, 2015. The independent auditor's review report stated that nothing came to their attention to suggest material misstatements in the unaudited financial results.