AGM Details
The 39th Annual General Meeting will be held on Tuesday, September 01, 2026 at 04:00 PM IST through Video Conferencing/Other Audio Visual Means. The deemed venue is the Registered Office at A-112, 1st Floor, Lodha Supremus MIDC, Andheri East, Mumbai-400093.
E-voting Schedule:
- Commencement: Saturday, August 29, 2026 at 09:00 AM
- End: Monday, August 31, 2026 at 05:00 PM
- Cut-off date for determining members entitled to vote: Tuesday, August 25, 2026
Business Items
Ordinary Business:
1. Adoption of audited financial statements for FY ended March 31, 2026 and reports of Board and Auditors
2. Re-appointment of Mrs. Priya Sodhani (DIN: 02523843) as Director liable to retire by rotation
Special Business:
3. Appointment of Mr. Tushar Agrawal (DIN: 10932962) as Non-Executive Independent Director for 5 years from May 11, 2026 to May 10, 2031
Financial Performance (FY 2025-2026)
- Total Income: ₹230.75 lakhs (previous year: ₹167.27 lakhs) - growth of 37.95%
- Interest Income: ₹176.39 lakhs (previous year: ₹80.52 lakhs)
- Fees and Commission Income: ₹11.75 lakhs
- Dividend Income: ₹0.70 lakhs
- Other Income: ₹17.58 lakhs
- Profit Before Tax: ₹121.25 lakhs (previous year: ₹111.73 lakhs)
- Current Tax: ₹36.48 lakhs
- Deferred Tax Credit: ₹16.93 lakhs
- Profit After Tax: ₹101.70 lakhs (previous year: ₹86.79 lakhs) - growth of 17.18%
- Earnings Per Share (Basic & Diluted): ₹0.55 (previous year: ₹0.47)
Financial Position (as at March 31, 2026)
- Loan Portfolio: ₹978.91 lakhs (previous year: ₹824.68 lakhs)
- Investment Portfolio: ₹393.25 lakhs
- Total Assets: ₹1,447.17 lakhs (previous year: ₹1,361.86 lakhs)
- Shareholders' Funds: ₹1,423.72 lakhs (previous year: ₹1,322.02 lakhs)
- Paid-up Equity Capital: ₹185.00 lakhs (1.85 crore shares of Re. 1 each)
- Statutory Reserve: ₹354.09 lakhs (after transfer of ₹20.34 lakhs as required by RBI Act)
- Cash and Cash Equivalents: ₹41.57 lakhs
Material Post-Balance Sheet Events
- Rights Issue: Company undertook Rights Issue of equity shares with BSE approval
- Allotment: On July 13, 2026, allotted 2,77,50,000 fully paid-up Equity Shares of Re. 1 each at ₹10 per share in ratio of 3 Rights Equity Shares for every 2 existing shares
- Increased Capital: Paid-up equity capital increased to ₹4,62,50,000 comprising 4,62,50,000 Equity Shares
Director Changes
- Appointments during year: Mr. Surendra Kumar Joshi as CFO (from April 10, 2026), Mr. Tushar Agarwal as Additional Independent Director (from May 11, 2026)
- Resignation: Mr. Manish Bihani resigned as Non-Executive Independent Director (effective July 01, 2026)
Board Composition (as at March 31, 2026)
- Mr. Rajesh Kumar Sodhani - Managing Director
- Mr. Devi Dutt Agarwal - Whole Time Director
- Mrs. Priya Sodhani - Non-Executive Director
- Mr. Gyan Chand Jain - Non-Executive Director
- Mrs. Meenu Kabra - Independent Director
- Mr. Manish Bihani - Independent Director (resigned July 01, 2026)
Key Managerial Personnel
- Mr. Rajesh Kumar Sodhani - Managing Director
- Mr. Devi Dutt Agarwal - Whole Time Director
- Ms. Kirti Mool Chand Jain - Company Secretary and Compliance Officer
- Mr. Surendra Kumar Joshi - Chief Financial Officer (appointed April 10, 2026)
Corporate Actions
- Dividend: No dividend recommended for FY 2025-2026
- Change in Registered Office: Shifted from Raja Bahadur Compound, Fort, Mumbai to A-112, 1st Floor, Lodha Supremus, MIDC, Andheri East, Mumbai
- Alteration of AOA: Members approved amendments through Postal Ballot to align with Companies Act, 2013 and SEBI Regulations
Other Disclosures
- Dematerialization: 96.62% of equity share capital dematerialized as on March 31, 2026
- No subsidiaries, associates or joint ventures
- No material pending litigations or significant regulatory orders
- No frauds reported by statutory or internal auditors
- Related party transactions conducted at arm's length basis
Voting Arrangements
- Remote e-voting through NSDL facilities
- Physical attendance dispensed with pursuant to MCA Circular
- Members can join AGM through VC/OAVM using NSDL e-Voting system