Shree Tirupati Balajee Agro Trading Company Ltd

Shree Tirupati Balajee Agro Trading Company Ltd has announced Thursday, September 24, 2026, as the cut-off date for determining shareholder eligibility for remote e-voting for its 25th Annual General Meeting (AGM). The AGM is scheduled for Wednesday, September 30, 2026, at 11:30 AM IST, to be conducted via Video Conferencing (VC)/Other Audio Visual Means (OAVM). Shareholders will be able to cast their votes electronically on all business items presented at the AGM. The e-voting platform will be provided by Central Depository Services (India) Limited. Voting will commence on Sunday, September 27, 2026, at 9:00 AM IST and conclude on Tuesday, September 29, 2026, at 5:00 PM IST.

Shree Tirupati Balajee Agro Trading Company Ltd has filed a notice for its 25th Annual General Meeting (AGM) scheduled for September 30, 2026. The meeting will be conducted via Video Conferencing (VC)/Other Audio Visual Means (OAVM). Key agenda items include the adoption of audited financial statements for the fiscal year ended March 31, 2026, the re-appointment of a director, ratification of cost auditor remuneration for FY 2026-27, and approval of material related party transactions with Shree Tirupati Balajee FIBC Limited for FY 2026-27.

Shree Tirupati Balajee Agro Trading Company Ltd has submitted its 25th Annual Report for the financial year ended March 31, 2026. The report includes audited standalone and consolidated financial statements, along with Board and Auditor reports. The company also announced its 25th Annual General Meeting (AGM) scheduled for September 30, 2026, to be held via Video Conferencing. The report highlights the company's journey over 25 years, its evolution into a trusted manufacturer and exporter of FIBCs and woven packaging, and its focus on operational excellence, innovation, and sustainable growth amidst global economic uncertainties. The company serves diverse industries domestically and internationally with products like FIBC bags, woven sacks, and PP tapes.

Shree Tirupati Balajee Agro Trading Company Ltd has announced the appointment of M/s. Dhananjay V. Joshi & Associates as the Cost Auditor for the financial year 2026-27. This decision was approved by the Board of Directors, based on the recommendation of the Audit Committee, during a meeting held on August 12, 2026. The appointment covers the audit of cost records for both the parent company and its material unlisted subsidiary, Jagannath Plastics Private Limited. The firm brings over 47 years of professional experience in cost accounting and audit. The remuneration for the cost auditor is subject to ratification by shareholders at the upcoming Annual General Meeting.

Shree Tirupati Balajee Agro Trading Company Ltd has informed the stock exchanges about the resignations of two key Senior Management Personnel (SMPs). Mr. Manoj Jaiswal, Head of Human Resources, and Mr. Roshan Choudhary, Head of Enterprise Resource Planning (ERP), have tendered their resignations. Both will cease to be associated with the company as SMPs effective from the close of business hours on August 12, 2026. Mr. Jaiswal's resignation is due to personal reasons, while Mr. Choudhary cited pre-occupation with other commitments. The company has provided the necessary disclosures as per SEBI regulations.

Shree Tirupati Balajee Agro Trading Company Ltd announced its unaudited standalone and consolidated financial results for the first quarter ended June 30, 2026. The Board of Directors approved these results along with the limited review report from the statutory auditors. The company is in the process of filing the results in XBRL format.

Shree Tirupati Balajee Agro Trading's consolidated Q1 FY27 (quarter ended June 30, 2026) revenue rose 9.4% YoY to ₹139.56 Cr (₹127.51 Cr in Q1 FY26), but profit for the period fell 41% YoY to ₹3.75 Cr (₹6.36 Cr), with the owners' share of profit down 34.8% YoY to ₹3.35 Cr. Basic consolidated EPS was ₹0.41 against ₹0.63 a year ago. Standalone (parent-only) results diverge sharply on the topline: standalone revenue jumped 33.5% YoY to ₹104.15 Cr (₹78.01 Cr), well ahead of the group's 9.4% growth, implying the FIBC/subsidiary businesses (Shree Tirupati Balajee FIBC, Jagannath Plastics, Honourable Packaging) shrank on a combined basis YoY — their revenue contribution fell to roughly ₹35.4 Cr from ₹49.5 Cr. Standalone PAT nonetheless fell 31.6% YoY to ₹2.37 Cr, tracking the same margin pressure seen at the group level. The profit decline is entirely operational, not a one-off: neither statement discloses any exceptional item, so reported and adjusted YoY changes are the same. At the consolidated level, net margin compressed to about 2.7% from 4.9% YoY, and operating margin (revenue less material, employee and other costs, excluding finance and depreciation) fell to roughly 7.5% from 9.9%. The squeeze came from cost growth outpacing revenue: consolidated employee benefit expense rose 22.6% YoY to ₹11.90 Cr and other expenses rose 35.8% YoY to ₹34.01 Cr, while finance costs actually fell 6.8% YoY to ₹5.15 Cr. Sequentially the picture is milder — revenue rose 7.7% and profit rose 1.1% versus Q4 FY26 — but for a woven-sack/FIBC packaging business tied to agri and industrial offtake, a Q1 sequential uptick is more plausibly seasonal than a trend reversal, and it does not offset the YoY margin erosion. There is no analyst consensus or brokerage preview on record for this stock — an external search turned up no dedicated Q1 FY27 estimates, consistent with thin coverage of this small-cap, so vsStreet is unknown rather than a miss. Management has issued no formal guidance in our records or in this filing, and no press release accompanied the results, so the print cannot be graded against a stated outlook either; separately, FY26 full-year consolidated earnings had already fallen roughly 57% YoY per public data, so this quarter's decline continues rather than reverses that trend. Corporate activity in the quarter was otherwise procedural: the company closed its trading window ahead of results (Jun 29), was fined ₹4.73 Lakh by the Income Tax department (Jun 8, immaterial to the P&L), and issued a ₹4.09 Cr corporate guarantee (May 29). At the same August 12 board meeting that approved these results, the heads of HR and ERP both resigned as Senior Management Personnel effective immediately, citing personal reasons and pre-occupation respectively — unrelated to the financial results per the disclosures.

Shree Tirupati Balajee Agro Trading Company Ltd has announced a Board of Directors meeting scheduled for August 12, 2026. The meeting will primarily focus on considering and approving the standalone and consolidated unaudited financial results for the first quarter ended June 30, 2026, along with the limited review report from statutory auditors. Additionally, the board will discuss the approval of book closure for the 25th Annual General Meeting, fixing the cut-off date for remote e-voting, approving the notice and venue for the AGM, and reviewing the Board's Report for FY 2025-26. The company also informed about the closure of the trading window for promoters, directors, and designated employees from July 1, 2026, until 48 hours after the financial results announcement.

Shree Tirupati Balajee Agro Trading Company Ltd has announced the closure of its trading window for dealing in the company's securities. This closure is effective from July 01, 2026, and will remain in effect until 48 hours after the announcement of the Un-audited Standalone & Consolidated Financial Results for the quarter ended June 30, 2026. The decision aligns with SEBI (Prohibition of Insider Trading) Regulations, 2015, and the company's internal code of conduct. All designated persons and their immediate relatives are prohibited from trading in the company's equity shares during this period to prevent insider trading.

Shree Tirupati Balajee Agro Trading Company Ltd has received an order from the Income Tax Department imposing a penalty of Rs. 4,73,624 for the Assessment Year 2017-18. The penalty is related to alleged under-reporting of income, stemming from incorrect claims of deductions including delayed employee PF/ESI contributions, directors' personal expenses as business expenditure, and compounding fees/TDS interest as deductible expenses. The company stated that the penalty is not expected to have a material impact and is evaluating the order to decide on further steps, including a potential appeal.