Annual Report

INDEX CONTENTS PAGE NO. CORPORATE INFORMATION 2 DIRECTORS’ REPORT 4 INDEPENDENT AUDITOR’S REPORT 27 BALANCE SHEET AS AT 31ST MARCH, 2026 44 STATEMENT OF PROFIT AND LOSS FOR THE YEAR ENDED ON 31ST MARCH, 2026 45 CASH FLOW STATEMENT FOR THE YEAR ENDED ON 31ST MARCH, 2026 46 NOTICE OF 32nd ANNUAL GENERAL MEETING 74 CORPORATE INFORMATION AMRAPALI CAPITAL AND FINANCE SERVICES LIMITED CIN: L65910GJ1994PLC118992 BOARD OF DIRECTORS: Name DIN Designation Mr. Alkesh Dashrathlal Patel 00189943 Chairman & Managing Director Mr. Baldev Manubhai Patel 00191708 Executive Director Mr. Chirag Yashvantbhai Thakkar 01993020 Non- Executive Non-Independent Director Ms. Bhumi Atit Patel 07473437 Non- Executive Independent Director Ms. Urshita Mittalbhai Patel 07891320 Non- Executive Independent Director KEY MANAGERIAL PERSONNEL: Name Designation Mr. Harimohan Namdev Company Secretary and Compliance Officer Mr. Baldev Manubhai Patel Chief Financial Officer REGISTERED OFFICE CORPORATE OFFICE Amrapali House, Opp Monte Cresto, Nr Taj Hotel, Sindhu Amrapali House, Opp Monte Cresto, Nr Taj Hotel, Bhavan Road, Bopal, Ahmedabad, 380058 Sindhu Bhavan Road, Bopal, Ahmedabad Tel No. +91-26-0263 3291 Tel No. +91-79- 2657 5105/06 Email: grievances@amrapali.com; Email: grievances@amrapali.com; Web: www.amrapali.com Web: www.amrapali.com STATUTORY AUDITOR SECRETARIAL AUDITOR M/s. B.B. Gusani & Associates. CS Bhumika Ranpura Chartered Accountants Practicing Company Secretary (Firm Registration No. 140785W) 202-203, today square, Nr. NABARD, opp. vidhyanagar 215-A, Manek Center, P.N.Marg, school, Usmanpura- 380014 Jamnagar-361008 REGISTRAR & SHARE TRANSFER AGENT BANKERS TO THE COMPANY Satellite Corporate Services Private Limited HDFC Bank Unit No. 49, Bldg No.13-A-B, 2nd Floor, Samhita Commercial Co-Op. Soc. Ltd.Off Andheri Kurla Road, MTNL Lane,Sakinaka, Mumbai - 400 072; E-mail: service@satellitecorporate.com Tel no.:022 -28520461-62 COMMITTEES OF BOARD: AUDIT COMMITTEE NAME DESIGNATION Ms. Urshita Mittalbhai Patel Chairperson Mr. Alkesh Dashrathlal Patel Member Ms. Bhumi Atit Patel Member STAKEHOLDER’S RELATIONSHIP COMMITTEE NAME DESIGNATION Ms. Urshita Mittalbhai Patel Chairperson Mr. Alkesh Dashrathlal Patel Member Ms. Bhumi Atit Patel Member NOMINATION & REMUNERATION COMMITTEE NAME DESIGNATION Ms. Urshita Mittalbhai Patel Chairperson Mr. Alkesh Dashrathlal Patel Member Ms. Bhumi Atit Patel Member DIRECTORS’ REPORT Dear Shareholders, Your directors have pleasure in submitting herewith their 32nd Annual Report together with the Audited Statement of Accounts for the financial year ended on 31st March, 2026. FINANCIAL RESULTS The Audited financial statements of the Company as on March 31, 2026, are prepared in accordance with the relevant applicable Accounting Standards and Regulation 33 of the Securities and Exchange Board of India (Listing Obligations and Disclosure Requirements) Regulations, 2015 (“SEBI Listing Regulations”) and the provisions of the Companies Act, 2013 (“Act”). (in ₹ Lakhs) Particulars March 31, 2026 March 31, 2025 Revenue from Operations 826,959.98 4,420.47 Other Income 646.24 403.56 Total Income 827,606.22 4,824.03 Total Expenses 827,076.99 4,711.51 Profit / (Loss) before exceptional item and tax 529.24 112.52 Exceptional items -- -- Profit / (Loss) before tax 529.24 112.52 Less: Tax Expenses 43.43 (2.62) Profit / (Loss) for the year 485.81 115.14 BUSINESS OVERVIEW: Financial Performance: During the financial year 2025-26 the revenue from operation stood at Rs. 826,959.98 Lakhs as compare to Rs. 4,420.47 Lakhs during the previous financial year 2024-25, there is a increase in revenue from operation. The other income of the Company stood as Rs. 646.24 Lakhs in the financial year 2025-26 as compared to Rs. 403.56 Lakhs in previous financial year 2024-25. Further, during the financial year 2025-26, the total expenses have increased to Rs. 827,076.99 Lakhs from Rs. 4,711.51 Lakhs in the previous financial year 2024-25. The Company has earned the Net Profit for the financial year 2025-26, at Rs. 485.81 Lakhs in comparison to Net Profit of Rs. 115.14 Lakhs in previous year 2024-25. Dividend: With a view to conserve and save the resources for future prospects of the Company, the Directors have not declared any dividend for the financial year 2025-26. Transfer to General Reserve: During the Financial year 2025-26, the Company has not transferred any amount in Reserve and Surplus. RISK MANAGEMENT: The Company has adopted a Risk Management Policy for a systematic approach to control risks. The Risk Management Policy of the Company lays down procedures for risk identification, evaluation, monitoring, review and reporting. The Risk Management Policy has been developed and approved by the Senior Management in accordance with the business strategy. INTERNAL FINANCIAL CONTROL SYSTEMS: The Company has an Internal Control System, commensurate with the size, scale and complexity of its operation. The scope of Internal Audit is well defined in the organization. The Internal Audit Report regularly placed before the Audit Committee of the Board. The Management monitors and evaluates the efficacy and adequacy of internal control system in the Company, its compliance with operating systems, accounting procedures and policies. Based on the report of Internal Auditor, process owners undertake corrective action in their respective areas and thereby strengthening the controls continuously. TRANSFER TO THE INVESTOR EDUCATION AND PROTECTION FUND In accordance with the provisions of sections 124 and 125 of the Act and Investor Education and Protection Fund (Accounting, Audit, Transfer and Refund) Rules, 2016 (“IEPF Rules”), dividends of the Company which remained unpaid or unclaimed for a period consecutive seven years from the date of transfer to the unpaid dividend account shall be transferred by the Company to the Investor Education and Protection Fund (“IEPF”). In terms of the foregoing provisions of the Act, the company is not required to transfer any funds or shares to IEPF. DEPOSITS The Company has neither accepted nor invited any Deposit falling within the purview of Section 73 of the Companies Act, 2013 read with Companies (Acceptance of Deposits) Rules, 2014 as amended from time to time, during the year under review and therefore details mentioned in Rule 8 (5) (v) & (vi) of Companies (Accounts) Rules, 2014 relating to deposits, covered under Chapter V of the Act is not required to be given. SUBSIDIARIES, ASSOCIATES AND JOINT VENTURES The company has no subsidiaries, associates or joint ventures during the period under review. Further, there has been no subsidiaries, associates or joint venture companies which have ceased during the year. SHARE CAPITAL The Capital Structure of the Company for the financial year ending March 31, 2026 is as tabled below: Particulars Amount (in Rs.) Authorized Share Capital: 1,00,00,000 Equity Shares of ₹10/- each 10,00,00,000 Total Authorized Capital 10,00,00,000 Issued Capital 97,78,600 Equity Shares of ₹10/- each 9,77,86,000 Subscribed & Paid – up Capital 97,78,600 Equity Shares of ₹ 10/- each 9,77,86,000 Total Paid – up Capital 9,77,86,000 CHANGE IN THE NATURE OF BUSINESS: There has been no considerable change in the business of the Company, during the period under review. MATERIAL CHANGES AND COMMITMENT AFFECTING THE FINANCIAL POSITION OF THE COMPANY In the opinion of the Board of Directors, there are no material changes and commitments made by the Company occurring between the ends of the financial, which is influential or affecting the financial position of the Company. However, after the closure of Financial Year Mr. Harimohan Namdev, Company Secretary and Compliance Officer of the Company have tendered his resignation w.e.f. from 11-Aug-2026 (closing business hours) and to fill up the vacancy the Company has appointed Ms. Priya Kshtriya as the Company Secretary and Compliance Officer w.e.f. 12- Aug-2026. DIRECTORS AND KEY MANAGERIAL PERSO [Showing first 8,000 characters — download PDF for full document]