Incap Limited has announced its 36th Annual General Meeting (AGM) to be held on Saturday, September 26, 2026. The meeting will focus on the adoption of the audited financial statements for the year ended March 31, 2026, and the re-appointment of directors, including Smt. C. Neelima as Managing Director and Sri C. Bhagavantha Rao as Executive Chairperson.
36th Annual General Meeting Announced
INCAP LIMITED has officially announced its 36th Annual General Meeting (AGM). The crucial meeting for shareholders is scheduled for Saturday, September 26, 2026, commencing at 12:00 Noon. The AGM will be held at the company’s registered office located at 1-58, Nidamanur, Vijayawada – 521104, Andhra Pradesh.
Key Agenda Items
The primary objectives of the AGM include the consideration and adoption of the audited financial statements for the financial year ended March 31, 2026, along with the reports from the Board of Directors and Auditors. Furthermore, the meeting will address the appointment of directors. Specifically, the re-appointment of Sri P. Ram Rao, who retires by rotation, will be discussed. Additionally, shareholders will vote on the re-appointment of Smt. C. Neelima as Managing Director for a further term of three years and the appointment of Sri C. Bhagavantha Rao as Executive Chairperson for a similar period.
Financial Year 2025-2026 Performance
The company’s financial results for the year ended March 31, 2026, show a revenue from operations of ₹3,166.73 Lakhs, compared to ₹3,357.92 Lakhs in the previous year. The net profit after tax for the year was ₹33.71 Lakhs. The decrease in turnover was primarily attributed to the absence of export business, while the lower profit was impacted by the appreciation of the US Dollar.
Director Re-appointments
The Board has recommended the re-appointment of Smt. C. Neelima as Managing Director for a period of three years, effective from February 1, 2026, to January 31, 2029. Similarly, the Board recommended the appointment of Sri C. Bhagavantha Rao as Executive Chairperson for a three-year term, commencing from the date of the AGM. Both re-appointments are subject to shareholder approval.
Source: BSE
