AGM Details

The 32nd Annual General Meeting will be held on Thursday, September 17, 2026 at 12:00 P.M. at the Registered Office of the company situated at 3rd Floor, Vaastu Darshan, "B" Wing, Azad Road, Andheri (East), Mumbai - 400 069.

Ordinary Business Items

1. To receive, consider and adopt the Audited Financial Statements of the Company for the year ended March 31, 2026, including Audited Balance Sheet, Statement of Profit and Loss, Cash Flow Statement, together with reports of Board of Directors and Auditors.

2. To appoint a Director in place of Mr. Atul Jain (DIN: 00096052), who retires by rotation and being eligible, offers himself for re-appointment.

Special Business Item

3. To re-appoint Mr. Dipen Prabhat Maheshwari (DIN: 03148904) as Managing Director of the Company for a further term of three years from April 1, 2027 to March 31, 2030.

Financial Results (Year ended March 31, 2026)

  • Revenue from Operations: ₹7,235.18 (in '000 INR)
  • Other Income: ₹1,996.72 (in '000 INR)
  • Total Revenue: ₹9,231.90 (in '000 INR)
  • Total Expenses: ₹8,474.06 (in '000 INR)
  • Profit Before Tax: ₹757.84 (in '000 INR)
  • Tax Expense:
  • Current Tax: ₹540.00 (in '000 INR)
  • Earlier Years Tax: (₹676.65) (in '000 INR)
  • Deferred Tax: (₹749.09) (in '000 INR)
  • Profit After Tax: ₹1,643.58 (in '000 INR)

Managing Director Reappointment Details

  • Mr. Dipen Prabhat Maheshwari has been serving as Managing Director since April 1, 2015
  • Proposed remuneration: Aggregate not exceeding ₹30,00,000 per annum (including salary, perquisites, allowances, benefits, amenities)
  • Minimum remuneration guarantee: Payment continues even in absence/inadequacy of profits or loss scenarios
  • Remuneration components include:
  • Gratuity: Not exceeding half month's salary for each completed year of service
  • Medical Benefit: Reimbursement up to one month's salary per year or three months' salary in a three-year block
  • Leave: Leave with pay and encashment as per company policy
  • Previous remuneration: ₹16,75,000 per annum

Shareholder Voting Arrangements

  • Remote e-Voting period: September 13, 2026 (9:00 AM) to September 16, 2026 (5:00 PM)
  • Cut-off date for voting rights: September 11, 2026
  • e-Voting service provider: National Securities Depository Limited (NSDL)
  • Scrutinizer: CA Tejas Gohil, proprietor of M/s. Gohil Tejas & Co., Chartered Accountants
  • Share transfer books closure: September 11, 2026 to September 17, 2026 (both days inclusive)

Director Profiles

Mr. Atul Jain (DIN: 00096052)

  • Age: 64 years
  • Qualifications: B.Com. (Hons), Chartered Accountant
  • First appointed: June 27, 1994 (resigned June 10, 2025, re-appointed July 1, 2025)
  • Shareholding: 747,800 equity shares of ₹10 each
  • Expertise: Merchant Banking, Project Finance, Banking Relationships, Insolvency matters
  • Board meetings attended (FY25-26): 6

Mr. Dipen Prabhat Maheshwari (DIN: 03148904)

  • Age: 40 years
  • Qualifications: MBA in Finance
  • First appointed: April 1, 2015
  • Shareholding: 75,000 equity shares of ₹10 each
  • Expertise: Project finance, financial management, business development, strategic planning
  • Board meetings attended (FY25-26): 7

Additional Information

  • Company nature: Financial services consulting for project reports and syndication of financial assistance
  • Date of commencement: August 1, 1994
  • No foreign investments or collaborators
  • Company confirms no default in repayment of dues to banks, financial institutions, or secured creditors