Quality RO Industries has called its 5th AGM for September 30, 2026, in Vadodara. The meeting will address the company's financial turnaround following a net loss in FY 2025-26, the re-appointment of key leadership, and the proposed appointment of new statutory auditors. Shareholders will also vote on related party transactions and a special resolution regarding managerial remuneration.
Quality RO Industries AGM Notice and Financial Performance
Standalone Net Loss: Rs 72.11 Lakhs; Consolidated Net Loss: Rs 39.31 Lakhs.
Reader Takeaway: Investors should monitor the shift to net losses and the proposed hike in managerial remuneration limits.
What just happened
Quality RO Industries Ltd has issued the formal notice for its 5th Annual General Meeting (AGM) to be held on September 30, 2026, at its Vadodara registered office. The agenda covers the adoption of financial statements, the appointment of new statutory auditors, and the re-election of board members. No dividend has been recommended for the fiscal year.
Why this matters
The company’s financials reflect a significant downturn. While FY 2024-25 saw profits, FY 2025-26 resulted in a standalone loss of Rs 72.11 lakhs and a consolidated loss of Rs 39.31 lakhs. Shareholders are being asked to approve a special resolution allowing managerial remuneration to exceed the standard 11% limit up to 15% under Section 197 of the Companies Act.
Management and Governance
The board has proposed five-year re-appointments for Chairman and MD Vivek Dholiya, Whole-time Director Damini Dholiya, and Independent Directors Ankit Kansara and Shirish Kotadia. Additionally, M/s Panchal SK & Associates is proposed as the new statutory auditor for a five-year tenure.
Related Party Transactions
Approval is sought for two key arm's length transactions for FY 2026-27:
- Jay Ambe Trading: Up to Rs 3 crore in goods and material trades.
- Jay Ambe Transport: Up to Rs 2 crore in building material and transport transactions.
What to track next
Investors should focus on the voting outcomes for the managerial remuneration proposal and the management's strategy to return the firm to profitability following the recent losses.