Key Quantitative Figures

Financial Performance (FY 2025-26 vs FY 2024-25)

  • Total Revenue: ₹31.01 lakh (Previous: ₹45.41 lakh)
  • Other Income: ₹31.01 lakh (Previous: ₹45.41 lakh)
  • Operating & Administrative Expenses: ₹29.34 lakh (Previous: ₹28.00 lakh)
  • Depreciation/Amortization: ₹1.31 lakh (Previous: ₹1.57 lakh)
  • Profit Before Tax: ₹0.37 lakh (Previous: ₹15.85 lakh)
  • Tax Expense: ₹0.00 lakh (Previous: ₹0.00 lakh)
  • Profit After Tax: ₹0.37 lakh (Previous: ₹15.85 lakh)
  • Earnings Per Share (EPS): ₹0.01 (Previous: ₹0.51)

Capital Structure

  • Authorized Share Capital: ₹350.00 lakh (3,500,000 equity shares of ₹10 each)
  • Paid-up Share Capital: ₹308.94 lakh (3,089,400 equity shares of ₹10 each)
  • No change in share capital during the year under review

Key Balance Sheet Figures (as of March 31, 2026)

  • Total Assets: ₹1,220.14 lakh
  • Investments: ₹1,204.59 lakh (Quoted equity: ₹924.62 lakh, Partnership firm: ₹279.63 lakh, Debt fund: ₹0.34 lakh)
  • Cash and Cash Equivalents: ₹7.08 lakh
  • Financial Liabilities: ₹660.61 lakh (Trade payable: ₹506.67 lakh, Borrowings: ₹115.00 lakh, Other financial liabilities: ₹38.94 lakh)
  • Equity: ₹553.95 lakh (Share capital: ₹308.94 lakh, Other equity: ₹245.01 lakh)

Dates of Action

  • AGM Date: Friday, September 25, 2026 at 11:30 AM
  • Record Date/Cut-off Date: September 18, 2026
  • Register of Members Closure: September 19-25, 2026 (both days inclusive)
  • Remote E-voting Period: September 22, 2026 (9:00 AM) to September 24, 2026 (5:00 PM)
  • Proxy Submission Deadline: Not later than 48 hours before AGM commencement
  • Financial Year: April 1, 2025 to March 31, 2026

Parties Involved

Board of Directors

  • Mrs. Bhavna D. Mehta (Chairperson & Managing Director, DIN:01590958)
  • Mr. Shrikant S. Kolhar (Independent Director, DIN:02107316)
  • Mr. Sarvadaman R. Bhatt (Independent Director, DIN:10561661)
  • Mr. Dhaval D. Sheth (Director, DIN:02418261)

Key Managerial Personnel

  • Mr. Mitesh Sheth (Chief Financial Officer)
  • Mr. Mahesh Moteevaras (Company Secretary & Compliance Officer - resigned w.e.f. July 1, 2026)

Auditors and Advisors

  • Statutory Auditors: M/s. Asim Ravindra & Associates, Chartered Accountants (FRN:118775W)
  • Secretarial Auditors: M/s. Rohit Bajpai & Associates, Practicing Company Secretaries
  • Internal Auditors: M/s. Trivedi Parikh & Shah, Chartered Accountants (FRN:131671W)
  • Registrar & Transfer Agent: M/s. Purva Sharegistry (India) Pvt. Ltd.
  • E-voting Agency: National Securities Depository Limited (NSDL)
  • Scrutinizer: CS Sanjay Dayalji Kukadia, Practicing Company Secretary

Business to be Transacted at AGM

Ordinary Business

1. To receive, consider and adopt the Audited Financial Statements for FY ended March 31, 2026 and Reports of Board of Directors and Auditors

2. To appoint a Director in place of Mr. Dhaval D. Sheth (DIN:02418261) who retires by rotation and being eligible offers himself for re-appointment

Director Re-appointment Details (Mr. Dhaval D. Sheth)

  • Age: 52 years
  • Date of first appointment: February 14, 2025
  • Qualification: Bachelor of Commerce
  • Experience: Over 20 years in advisory services with Kotak Life Insurance, H.M. Insurance, and Religare Securities
  • Other directorships: Darshan Stock Broking Private Limited, Zest Investments Private Limited, Kuntey Finance and Investments Private Limited
  • Shares held: 500 equity shares (0.016%)
  • Board meeting attendance: 6 out of 6 meetings
  • Relationship: Related to Mrs. Bhavna D. Mehta and her relatives (Promoter Group Members)

Voting Arrangements

  • Physical Voting: At registered office through ballot papers
  • Remote E-voting: Through NSDL from September 22-24, 2026
  • Voting Rights: Proportional to shareholding as on cut-off date (September 18, 2026)
  • Scrutinizer: CS Sanjay Dayalji Kukadia appointed to conduct voting process
  • Result Declaration: Within 48 hours of AGM conclusion on company website and NSDL website

Capital Structure Impact

  • No change in share capital during the year
  • No equity issuance, buyback, or other capital restructuring announced
  • Mr. Dhaval D. Sheth holds 500 shares (0.016%) - re-appointment won't impact promoter holding significantly

Cash Flow Implications

  • Operating Activities: Net cash outflow of ₹34.07 lakh
  • Investing Activities: Net cash inflow of ₹26.51 lakh
  • Financing Activities: Net cash inflow of ₹8.21 lakh
  • Net Increase in Cash: ₹0.65 lakh
  • No dividend declared for the year

Corporate Governance Aspects

  • Board Meetings: 6 meetings held during FY 2025-26
  • Committee Meetings: Audit Committee (6), Nomination & Remuneration Committee (3), Stakeholders Relationship Committee (4)
  • Independent Directors Meeting: Held on February 6, 2026
  • Company falls under exemption from certain corporate governance provisions due to size (paid-up capital ≤ ₹10 crore, net worth ≤ ₹25 crore)
  • CSR: Not applicable as company doesn't meet threshold criteria

Other Material Information

  • Business Operations: Company concentrating on broking activities, advisory and consultancy assignments in capital markets
  • Investments: Primarily in equity market and financial instruments for long-term prospects
  • Segment Reporting: Single segment - Share and Securities Broking and Intermediation services
  • Related Party Transactions: Borrowings from directors and advances from Mehta Integrated Finance Limited
  • Dematerialization: 100% shares eligible for dematerialization through NSDL and CDSL
  • Internal Financial Controls: Adequate controls in place as per auditor's report

Forward-looking Statements

  • The company is confident about taking advantage of emerging opportunities in coming years
  • Believes in long-term prospects of Indian economy
  • No specific financial guidance or projections provided

#Tags: #MehtaSecurities #AGM2026 #SEBIDisclosure #AnnualReport #FinancialResults #CorporateGovernance #RegulatoryCompliance #Neutral