annual report

BSE Limited Phiroze Jeejeebhoy Towers, Dalal Street, Mumbai – 400001 SCRIP CODE: 512443 Sub: Submission of Annual Report of the Company for the Financial Year 2025-26 pursuant to Regulation 34 of the Securities and Exchange Board of India (Listing Obligations and Disclosure Requirements) Regulations, 2015 (Listing Regulations) Dear Sir(s), In terms of Regulation 34(1) of the Listing Regulations, please find enclosed the Annual Report for the Financial Year 2025-26 along with the Notice of the Annual General Meeting being dispatched to shareholders of the Company through electronic mode whose e-mail addresses are registered with the Company / Depository Participants / Registrar and Transfer Agent. The 41st Annual General Meeting (‘AGM’) of the Company will be held on Wednesday, 30TH SEPTEMBER, 2026 AT 04:00 P.M. through Video Conference/ Other Audio Visual Means, in accordance with the General Circular No. 09/2024, dated 19th September 2024, General circular no. 20/2020 dated May 5, 2020 read with General Circular No. 14/2020 dated April 8, 2020, General Circular No. 17/2020 dated April 13, 2020, General Circular No. 02/2021 dated January 13, 2021, General Circular No. 02/2022 dated May 5, 2022 and General Circular No. 10/2022 dated 28th December, 2022 the latest being 09/2023 dated September 25, 2023 issued by the Ministry of Corporate Affairs (‘MCA’), and Circular No. SEBI/HO/CFD/CMD1/CIR/P/2020/79 dated May 12, 2020, SEBI Circular No. SEBI/HO/CFD/CMD2/CIR/P/2021/11 dated January 15, 2021, further SEBI Circular No. SEBI/HO/CFD/CMD2/CIR/P/2022/62 dated May 13, 2022 and SEBI Circular No. SEBI/HO/CFD/PoD-2/P/CIR/2023/4 dated 05th January, 2023 and the latest being SEBI Circular No. SEBI/HO/DDHS/P/CIR/2023/0164 dated 7th October, 2023 issued by the Securities and Exchange Board of India (‘SEBI’). The Annual Report of the Company is also available on the website of the Company at www.ganontrading.com Kindly take the aforesaid information on record in compliance of SEBI (Listing Obligations and Disclosure Requirements), Regulations, 2015. We request you to kindly take the above on your record. Thanking You Thank you. Yours faithfully, Thank you FOR GANON PRODUCTS LIMITED ABHIJEET KACHARU JAGTAP MANAGING DIRECTOR DIN: 10915468 DATE: 08.09.2026 PLACE: MUMBAI Reg off: Office No 120, Dimple Arcade CHSL, Thakur Complex, Kandivali (East), Mumbai – 400101. 2025-26 REGISTERED OFFICE: Office No 120, Dimple Arcade, Asha Nagar, Thakur Complex, Kandivali East, Mumbai, Kandivali East, Maharashtra, India, 400101 Annual Report 2025-26 Particulars Page Corporate Information & other Details 3 Notice of 41st Annual General Meeting of the Company 4-13 Board of Directors’ Report 14-20 Annexure to Directors’ Report 21-43 Independent Auditors’ Report and its Annexure’s 44-53 Balance Sheet 54 Profit & Loss A/c 55 Cash Flow Statement 56 Notes Forming part of Standalone Financial Statements 57-75 Reg off: Office No 120, Dimple Arcade CHSL, Thakur Complex, Kandivali (East), Mumbai – 400101. Annual Report 2025-26 CORPORATE INFORMATION BOARD OF DIRECTORS NAME DIN DESIGNATION *Mr. Madanlal Goyal 00456394 Chairman and Director Mr. Ravindra Gopale 09436362 Whole-time director & CFO **Mr. Anand Mahadevan 07606857 Independent, Non-executive Director Mr. Abhijeet Jagtap 10915468 Managing Director Mr. Tanmay Karwal 10915481 Non-independent, Non-executive Director Ms. Rashmi Ranjeet Kunar 08886936 Independent, Non-executive Director (appointed w.e.f. 03rd September, 2025) *Mr. Madanlal Goyal Resigned from the office of chairman and director w.e.f. 27th February, 2026 **Mr. Anand Mahadevan Resigned from the office of Independent, Non-executive Director w.e.f. 10th August, 2026 CHIEF FINANCIAL OFFICER COMPANY SECRETARY Mr. RAVINDRA GOPALE Ms. Priya Goyal (Appointed w.e.f 01st July. 2025) CORPORATE IDENTITY NUMBER DEPOSITORY NUMBER L51100MH1985PLC036708 ISIN – INE162L01017 REGISTERED / CORPORATE OFFICE CONTACT NUMBER Office No 120, Dimple Arcade CHSL, Thakur 022-61340923 Complex, Kandivali (East), Mumbai – 400101. EMAIL ID WEB PAGE ganontrading@gmail.com www.ganontrading.com STATUTORY AUDITORS SHARE TRANSFER AGENET M/s. VIJAY DARJI & ASSOCIATES MUFG Intime India Pvt. Ltd. Chartered Accountants, Ahmedabad. C-101, 247 Park, LBS Marg, Vikhroli (W), Mumbai – 400083. Phone: 022-49186270 SECRETARIAL AUDITOR HRU & Associates Reg off: Office No 120, Dimple Arcade CHSL, Thakur Complex, Kandivali (East), Mumbai – 400101. Annual Report 2025-26 NOTICE NOTICE IS HEREBY GIVEN THAT THE 41st ANNUAL GENERAL MEETING (AGM) OF THE MEMBERS OF GANON PRODCUTS LIMITED WILL BE HELD ON WEDNESDAY, SEPTEMBER 30, 2026, AT 04.00 P.M. (TIME) IST THROUGH VIDEO CONFERENCING (‘VC’)/OTHER AUDIO- VISUAL MEANS (‘OAVM’) TO TRANSACT THE FOLLOWING BUSINESSES: TO TRANSACT THE FOLLOWING BUSINESS: ORDINARY BUSINESS 1. To receive, consider and adopt the Audited Balance Sheet as on March 31, 2026, the Profit and Loss Account for the year ended on that date and the Reports of the Directors and Auditors thereon. 2. To appoint a director in place of Ravindra Gopale (DIN: 09436362), who retires by rotation at this meeting, and being eligible offers himself for re-appointment as a Director of the Company For and on behalf of the Board of Directors Sd/- Mr. ABHIJEET KACHARU JAGTAP Managing Director DIN: 10915468 Place: Mumbai Date: 07th September, 2026 Reg off: Office No 120, Dimple Arcade CHSL, Thakur Complex, Kandivali (East), Mumbai – 400101. Annual Report 2025-26 Notes: 1)The Government of India, Ministry of Corporate Affairs has allowed conducting Annual General Meeting through Video Conferencing (VC) or Other Audio Visual Means (OAVM) and dispensed with the personal presence of the members at the meeting. Accordingly, the Ministry of Corporate Affairs issued Circular No. 14/2020 dated April 08, 2020, Circular No. 17/2020 dated April 13, 2020 and Circular No. 20/2020 dated May 05, 2020, Circular No. 02/2021 dated January 13, 2021, Circular No. 21/2021 dated December 14, 2021, 02/2022 dated May 05, 2022, 10/2022 dated December 28, 2022 and latest being 09/2023 dated September 25, 2023 and 19th September 2024 (“MCA Circulars”) and Circular No. SEBI/HO/CFD/CMD2/ CIR/P/2021/11 dated January 15, 2021, Circular No. SEBI/HO/DDHS/P/CIR/2022/0063 dated May 13, 2022, SEBI/HO/CRD/PoD- 2/P/CIR/2023/4 dated January 05, 2023 and Circular No. SEBI/HO/CFD/ CFD-PoD- 2/P/CIR/2023/167 dated October 07, 2023 and 3rd October 2024 issued by the Securities Exchange Board of India (“SEBI Circular”) prescribing the procedures and manner of conducting the Annual General Meeting through VC/OVAM. In terms of the said circulars, the 40th Annual General Meeting (“AGM”) of the Members will be held through VC/OAVM. Hence, Members can attend and participate in the AGM through VC/ OAVM only. The detailed procedure for participation in the meeting through VC/OAVM is available in Notes to the AGM. 2) For this purpose, the Company has entered into an agreement with National Securities Depository Limited (NSDL) for facilitating voting through electronic means, as the authorized e-Voting’s agency. The facility of casting votes by a member using remote e-voting as well as the e-voting system on the date of the AGM will be provided by NSDL. 3) The deemed venue for 41th e-AGM shall be the Registered Office of the Company at Office No 120, Dimple Arcade CHSL, Thakur Complex, Kandivali (East), Mumbai – 400101. 4) Pursuant to the provisions of the Act, a member entitled to attend and vote at the AGM is entitled to appoint a proxy to attend and vote on his/her behalf and the proxy need not be a member of the Company. Since this AGM is being held pursuant to the MCA Circulars through VC/OAVM facility, physical attendance of members has been dispensed with. Accordingly, the facility for appointment of proxies by the members will not be available for the e-AGM and hence the Proxy Form and Attendance-Slip are not annexed to this Notice. 5) Institutional/ Corporate shareholders (i. [Showing first 8,000 characters — download PDF for full document]