Meeting Details

The 19th Annual General Meeting of Pune E-Stock Broking Limited was held on Thursday, September 10, 2026, at 12:00 PM IST through video conferencing and other audio-visual means. The meeting commenced at 12:00 PM and concluded at 12:15 PM (excluding time allowed for e-voting).

Attendance

A total of 23 members representing 78,19,610 shares attended the meeting. 12 out of 16 directors of the Company attended the meeting.

Directors in Attendance:

  • Mr. Vrajesh K. Shah (Chairman & Managing Director)
  • Mr. Vrajesh N. Shah (Non-Executive Director)
  • Mr. Sandip S. Shah (Non-Executive Director)
  • Mr. Devendra Ghodnadikar (Non-Executive Director)
  • Mr. Daidipya D. Ghodnadikar (Whole Time Director)
  • Mrs. Archana V. Gorhe (Whole Time Director)
  • Mr. Saleem C. Yalagi (Whole Time Director)
  • Mr. Ronak Jhaveri (Whole Time Director)
  • Mr. Nikhil S. Sethiya (Independent Director, Chairman Audit committee & Nomination Remuneration Committee)
  • Mr. Suyog M. Bagul (Independent Director, Chairman, Stakeholder relation committee)
  • Mr. Jitendra Lodha (Independent Director)
  • Mr. Viral Patel (Independent Director)

Other Representatives:

  • Mr. Arpit S. Shah (Chief Financial Officer)
  • Mrs. Ashwini A. Kulkarni (Company Secretary & Compliance Officer)
  • Mr. Shekhar Sane (Statutory Auditors - Chartered Accountants)
  • CS Shailesh Indapurkar (Secretarial Auditor and Scrutinizer)

Business Transacted

The following resolutions from the Notice dated August 19, 2026, were placed before the meeting:

Ordinary Resolutions:

1. Adoption of Audited Standalone Financial Statements for year ended March 31, 2026, and reports of Board of Directors and Auditors

2. Adoption of Audited Consolidated Financial Statements for year ended March 31, 2026, and report of Auditors thereon

3. Declaration of dividend of ₹1 per equity share of face value of ₹10 each for financial year ended March 31, 2026

4. Reappointment of Mr. Devendra Ramchandra Ghodnadikar (DIN 00185254) as director retiring by rotation

5. Reappointment of Mr. Saleem Yalagi (DIN 08107626) as director retiring by rotation

Special Resolutions:

6. Approval of continuation of Mr. Ashokkumar Venilal Suratwala as Independent Director who will be attaining age of 75 years

7. Approval of appointment of Mr. Hemant Maniar (DIN: 11764093) as Director and Independent Director

8. Approval of appointment of Mr. Ronak Jhaveri (DIN: 09326566) as Whole-time Director

9. Approval of appointment of Mr. Viral Patel (DIN: 01439480) as Director and Independent Director

Financial Performance Highlights (From Chairman's Speech)

Standalone Performance:

  • Profit After Tax increased by 20% to ₹18.07 crore (from ₹15.05 crore previous year)
  • EPS increased to ₹11.53 (from ₹9.62)
  • Net Worth increased by 15.5% to approximately ₹148.78 crore

Consolidated Performance:

  • Consolidated PAT attributable to owners increased by 6.8% to ₹19.56 crore
  • Consolidated net worth attributable to owners increased by 14.7% to ₹166.97 crore
  • Consolidated EPS increased to ₹12.48 (from ₹11.70)

Strategic Direction

The company outlined its diversification strategy into multiple verticals including:

  • MTF (Margin Trading Facility)
  • Wealth Management (Mutual Fund distribution & Alternative Investments)
  • Merchant Banking
  • Insurance Distribution
  • Market Making
  • IFSC-related activities

Forward-looking Focus for FY 2026-27

1. Strengthen and scale existing businesses while improving profitability

2. Build new and recurring revenue streams through wealth management, alternatives, distribution, merchant banking, insurance, market making and IFSC operations

3. Ensure growth remains financially disciplined, adequately capitalised and supported by strong risk-management systems

Voting Process

The company provided remote e-voting facility for 3 days from September 7, 2026 (09:00 AM IST) to September 9, 2026 (05:00 PM IST). CS Shailesh Indapurkar was appointed as Scrutinizer to supervise the e-voting process. The voting results will be declared upon receipt of the Scrutinizer's Report within two working days and published on the company's website and submitted to stock exchanges.

Additional Information

  • No audit qualifications in Statutory Auditor's Report
  • The Board has replied to qualification comments given by secretarial auditors in their report dated August 18, 2026
  • Live webcast of AGM was facilitated and archive made available on company website www.pesb.co.in
  • No shareholder questions were registered for the question-answer session