AGM Details

  • Date: Wednesday, September 30, 2026
  • Time: 03:30 P.M.
  • Mode: Video Conferencing/Other Audio-Visual Means (Virtual)
  • Book Closure: September 24, 2026 to September 30, 2026 (both days inclusive)
  • E-Voting Period: September 26, 2026 (9:00 AM) to September 29, 2026 (5:00 PM)
  • Cut-off Date for E-Voting: September 23, 2026

Business Items to be Transacted

Ordinary Business:

1. Adoption of audited financial statements for FY 2025-26 and reports of Board of Directors and Auditors

2. Re-appointment of Mrs. Urvashi Tilkesh Sharma (DIN: 11146979) who retires by rotation

Special Business:

3. Change in designation of Mr. Gopal Lal Paliwal (DIN: 06522898) from Managing Director to Director [Promoter, Non-Executive] effective August 11, 2026

4. Appointment of Mrs. Jyotsana Vishnu Joshi (DIN: 06947640) as Director [Independent, Non-Executive] for 5 years (August 11, 2026 to August 10, 2031)

5. Approval of remuneration for Mr. Manoharbhai Premshankarji Joshi as CEO at ₹110,000 per month plus benefits, effective August 11, 2026

Financial Performance Highlights (FY 2025-26)

  • Revenue from Operations: ₹0 (nil)
  • Other Income: ₹13.29 million (Previous: ₹12.47 million)
  • Profit Before Tax: ₹11.65 million (Previous: ₹10.56 million)
  • Tax Expense: ₹3.32 million (Previous: ₹1.36 million)
  • Net Profit: ₹8.33 million (Previous: ₹9.21 million)
  • Other Comprehensive Income: ₹(172.74) million (Previous: ₹7.88 million)
  • Total Comprehensive Income: ₹(164.40) million (Previous: ₹17.09 million)
  • EPS: ₹0.49 (Basic and Diluted) (Previous: ₹0.54)

Capital Structure

  • Authorized Capital: ₹185.00 million (18.1 million equity shares of ₹10 each + 400,000 unclassified shares of ₹10 each)
  • Paid-up Capital: ₹171.00 million (17.1 million equity shares of ₹10 each fully paid)
  • No change in share capital during the year

Key Management Changes During FY 2025-26

  • Mr. Arpit Lodha resigned as Company Secretary & Compliance Officer (April 24, 2025)
  • Mrs. Neelu Kumawat resigned as Executive Director & CFO (July 21, 2025)
  • Mr. Chirag Ghadoliya resigned as Independent Director (July 21, 2025)
  • Mr. Kapil Paliwal appointed as Additional Independent Director (July 21, 2025)
  • Mrs. Urvashi Tilkesh Sharma appointed as Executive Director & CFO (July 21, 2025)
  • Ms. Isheeta Sharma appointed as Company Secretary (July 21, 2025) and resigned (August 30, 2025)
  • Mr. Gopal Lal Paliwal reappointed as Managing Director for 3 years (August 1, 2025)
  • Mr. Shashank Mehta appointed as Company Secretary & Compliance Officer (November 13, 2025)

Current Board Composition (as of March 31, 2026)

  • Mr. Gopal Lal Paliwal: Director [Promoter, Managing Director] (DIN: 06522898)
  • Mrs. Urvashi Tilkesh Sharma: Director [Professional, Executive] & CFO (DIN: 11146979)
  • Mr. Kapil Paliwal: Director [Independent, Non-Executive] (DIN: 09841586)
  • Mr. Varun Kumar Choubisa: Director [Independent, Non-Executive] (DIN: 07412698)
  • Mr. Yashawant Kumar Choubisa: Director [Independent, Non-Executive] (DIN: 07412700)

Key Financial Positions (as of March 31, 2026)

  • Non-Current Investments: ₹72.11 million (Previous: ₹244.85 million)
  • Current Investments: ₹2.12 million (Previous: ₹2.49 million)
  • Cash & Cash Equivalents: ₹0.40 million (Previous: ₹0.17 million)
  • Loans (Current): ₹185.63 million (to related parties) (Previous: ₹173.37 million)
  • Total Assets: ₹261.46 million (Previous: ₹424.47 million)
  • Total Equity: ₹259.83 million (Previous: ₹424.23 million)
  • Current Liabilities: ₹1.63 million (Previous: ₹0.24 million)

Dividend and Reserves

  • Dividend Declared: None for FY 2025-26
  • Amount Transferred to Reserves: None

Related Party Transactions

  • Loans to related parties (Kapilansh Vyapaar Private Limited): ₹185.63 million outstanding
  • Interest income on loans: ₹13.07 million for FY 2025-26
  • Remuneration to KMPs: Total ₹594.16 thousand for FY 2025-26

Corporate Governance

  • Compliance certificate obtained from practicing company secretary
  • Whistle Blower Policy in place with no complaints during the year
  • No sexual harassment complaints received or pending
  • All mandatory committees constituted (Audit, NRC, Stakeholders Relationship)

Other Material Information

  • Registrar & Share Transfer Agent: MUFG Intime India Private Limited
  • Bankers: Axis Bank Limited
  • Email for investor grievances: svtradingandagencies@gmail.com
  • 99.89% shares in dematerialized form
  • No IEPF transfers required during the year