Wagend Infra Venture Ltd (503675)

Shareholders of Wagend Infra Venture Limited approved the regularization of Mr. Kaushik Kantilal Shah as an Independent Director during the 44th Annual General Meeting held on September 30, 2026. His appointment is for a five-year term running from August 14, 2026, to August 13, 2031. Mr. Shah is a Practicing Chartered Accountant with 42 years of professional experience across finance, accounting, taxation, and corporate matters. The company currently has a market capitalization of approximately Rs 6 Cr and zero promoter holding.

• Shareholder approval granted at the 44th AGM on September 30, 2026
• Appointment tenure of 5 years from August 14, 2026, to August 13, 2031
• Appointee brings 42 years of professional experience as a Practicing Chartered Accountant
• Director shall not be liable to retire by rotation

Wagend Infra Venture has appointed Mr. Kaushik Kantilal Shah as an Additional Independent Director for a 5-year term starting August 14, 2026. Alongside the appointment, the company approved its Q1 FY27 results, reporting operational revenue of Rs 132.27 lakh compared to Rs 34.87 lakh in Q1 FY26. Net loss for the quarter stood at Rs 1.13 lakh versus a net loss of Rs 1.70 lakh in the same period last year. The 44th Annual General Meeting is scheduled for September 30, 2026.

• Appointed Mr. Kaushik Kantilal Shah, a Chartered Accountant with 42 years of experience, as Additional Independent Director for 5 years effective August 14, 2026
• Q1 FY27 revenue from operations increased to Rs 132.27 lakh from Rs 34.87 lakh in Q1 FY26 and Rs 78.40 lakh in Q4 FY26
• Recorded a quarterly net loss of Rs 1.13 lakh for Q1 FY27 against a net loss of Rs 1.70 lakh in Q1 FY26
• Total expenses for the quarter stood at Rs 141.40 lakh, driven primarily by Rs 130.82 lakh in purchase of stock-in-trade
• 44th Annual General Meeting scheduled to be held virtually on September 30, 2026

Wagend Infra Venture reported revenue from operations of ₹132.27 Lakh (₹1.32 Cr) for the quarter ended June 30, 2026, rising 279% YoY from ₹34.87 Lakh in the previous year. Total expenditure stood at ₹141.40 Lakh, primarily driven by purchase of stock-in-trade of ₹130.82 Lakh. The company posted a net loss of ₹1.13 Lakh for the quarter, compared to a net loss of ₹1.70 Lakh in Q1 FY26 and a profit of ₹3.32 Lakh in Q4 FY26. Additionally, the board approved the appointment of Mr. Kaushik Kantilal Shah as an Additional Independent Director for a 5-year term.

• Revenue from operations grew to ₹132.27 Lakh in Q1 FY27 vs ₹34.87 Lakh in Q1 FY26
• Net loss stood at ₹1.13 Lakh compared to a net profit of ₹3.32 Lakh in Q4 FY26
• Stock-in-trade purchases comprised bulk of expenses at ₹130.82 Lakh out of ₹141.40 Lakh total expenditure
• Mr. Kaushik Kantilal Shah appointed as Additional Independent Director for a term of five years

Wagend Infra Venture Ltd has scheduled a board meeting for August 14, 2026, to consider and approve the unaudited financial results for the quarter ended June 30, 2026. This is a routine regulatory filing for the micro-cap company, which has a market capitalization of just ₹4 Cr. The company reported a TTM revenue of ₹2 Cr and currently maintains a 0% promoter holding. The trading window for designated persons has been closed since July 1, 2026, in compliance with insider trading regulations.

• Board meeting scheduled for August 14, 2026, at 5:00 P.M. to approve Q1 results
• Financial results pertain to the quarter ended June 30, 2026
• Trading window remains closed from July 1, 2026, until 48 hours post-announcement
• Company operates with a TTM revenue of ₹2 Cr and a market cap of ₹4 Cr
• Promoter holding is currently at 0.0% as per latest available data

Wagend Infra Venture Ltd has announced the formal cessation of Mr. Yash Surjan as an Independent Director, effective August 3, 2026. Although the resignation was originally tendered on March 18, 2026, the Board accepted it only after a transition period of approximately 4.5 months to ensure continuity. The company is a micro-cap entity with a market capitalization of only Rs 4 Cr and notably maintains 0.0% promoter holding. This management change is procedural and follows a handover process.

• Resignation of Independent Director Yash Surjan effective from close of business hours on August 3, 2026
• Transition period of approximately 138 days between the resignation letter (March 18, 2026) and the effective date
• Company operates with 0.0% promoter holding as of March 2026
• Market capitalization remains extremely low at Rs 4 Cr with TTM revenue of Rs 2 Cr
• The director holds no other directorships in listed entities as per the disclosure