47th Annual General Meeting Details

  • Meeting Date: Tuesday, September 29, 2026 at 1:00 PM
  • Venue: Registered Office at 3, Bentinck Street, 2nd Floor, Kolkata-700001
  • Remote E-Voting Period: September 26, 2026 (9:00 AM) to September 28, 2026 (5:00 PM) through CDSL
  • Cut-off Date (Record Date): September 22, 2026 for determining members eligible to vote
  • Book Closure: September 23, 2026 to September 29, 2026 (both days inclusive)

Business to be Transacted

Ordinary Business

1. To receive, consider and adopt the Audited Financial Statements for FY 2025-26 together with Director's Report and Auditors' Report

2. To appoint a director in place of Mr. Dilip Kumar Gupta (DIN: 01168576) who retires by rotation

Special Business

3. Re-appointment of Mr. Dilip Kumar Gupta as Managing Director for 5 years with effect from October 1, 2026 to September 30, 2031

  • Existing remuneration: ₹6,00,000 per annum
  • Proposed remuneration: ₹10,80,000 per annum
  • Not entitled to sitting fees for Board meetings

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

  • Revenue from Operations: ₹137.34 lakhs (₹163.46 lakhs)
  • Profit/(Loss) before tax: (₹17.79) lakhs (₹54.10) lakhs
  • Tax Expense: ₹0.94 lakhs (₹4.84 lakhs)
  • Profit/(Loss) for the year: (₹18.74) lakhs (₹58.94) lakhs)
  • No dividend recommended for the year
  • No amount transferred to General Reserve

Capital Structure

  • Authorized Capital: 1,00,00,000 Equity Shares of ₹10/- each
  • Issued, Subscribed & Paid-up: 75,00,000 Equity Shares of ₹10/- each (unchanged during the year)
  • Promoter Holding: 24.02% (18,00,050 shares)
  • Shares in Demat Form: 99.33% (74,50,000 shares)

Directors and Key Managerial Personnel

  • Mr. Dilip Kumar Gupta retires by rotation and offers himself for re-appointment
  • Mrs. Anupama Madhogarhia completed her tenure as Independent Director in 45th AGM
  • CFO Changes: Mr. Suraj Bhowmick resigned (Feb 10, 2026), Mr. Ankkit Somaani appointed (Feb 10, 2026) and resigned (May 16, 2026), Mr. Ravi Prakash Choudhary appointed (Aug 13, 2026)
  • Current Board: Manoj Sethia (Chairman), Dilip Kumar Gupta (MD), Sangeeta Sethia, Mukesh Agarwal, Nagar Mal Agrawal

Corporate Governance

  • Board Meetings: 7 meetings held during the year
  • Committee Composition:
  • Audit Committee: Mukesh Agarwal, Manoj Sethia, Nagar Mal Agrawal
  • Stakeholders' Relationship Committee: Manoj Sethia, Mukesh Agarwal, Dilip Kumar Gupta
  • Nomination and Remuneration Committee: Nagar Mal Agrawal, Manoj Sethia, Mukesh Agarwal
  • Risk Management Committee: Nagar Mal Agrawal, Mukesh Agarwal, Dilip Kumar Gupta

RBI Compliance

  • Registered as Non-Deposit taking NBFC (Registration No. B.05.01047)
  • Classified as Base Layer (BL) NBFC
  • No public deposits accepted during the year
  • No credit rating obtained (not mandatory for BL NBFC)

Other Material Information

  • No significant/material orders passed by regulators/courts/tribunals
  • No fraud reported by auditors under Section 143(12)
  • No applications/proceedings under Insolvency and Bankruptcy Code, 2016
  • Related Party Transactions: All transactions at arm's length basis
  • Loan Exposure to Related Parties: ₹2.73 crore to Vardy Apparels Pvt. Ltd.
  • Whistleblower Complaints: No complaints received during the year
  • Sexual Harassment Complaints: No cases filed during the year

Scrutinizer Appointment

Mrs. Khusboo Jain, Practicing Company Secretary (CP No.16451) appointed as Scrutinizer for e-voting process

Results Declaration

The results along with Scrutinizer's Report will be placed on company website (www.sarvottamfinvest.in) and CDSL website (www.evotingindia.com) within three days of passing resolutions at AGM and communicated to BSE and CSE.