AGM Details

The 33rd Annual General Meeting of the Company will be held through Video Conferencing (VC) / Other Audio-Visual Means (OAVM) on Monday, September 28, 2026 at 11:30 A.M.

Share Transfer Book Closure

Remote E-Voting Facility

The Company will provide the facility of remote e-voting to cast votes on all resolutions set forth in the Notice of AGM. The remote e-voting will commence on Friday, September 25, 2026 and will end on Sunday, September 27, 2026.

AGM Agenda Items

Ordinary Businesses:

1. To consider and adopt:

  • The audited financial statement of the Company for the financial year ended March 31, 2026 and the reports of the Board of Directors and Auditors thereon
  • The audited consolidated financial statement of the Company for the financial year ended March 31, 2026 and the report of Auditors thereon

2. To declare dividend on equity shares for the financial year ended March 31, 2026. The resolution mentions "1/- (Rupees One 10/- (Rupees Ten only) each fully paid-up" [exact dividend amount appears to have formatting issues in the source document].

3. To appoint a Director in place of Mr. Prasan Chand Jain (DIN 00050081) who retires by rotation and, being eligible, offers himself for reappointment.

4. To appoint a Director in place of Mr. Mahesh Chandak (DIN 00050149) who retires by rotation and, being eligible, offers himself for reappointment.

5. Ratification of Certificate under Regulation 45(3) of SEBI (LODR) Regulations, 2015 for change of name of the Company.

Name Change Compliance Details

The Company seeks ratification of an updated Auditor Certificate issued under Regulation 45(3) of SEBI (LODR) Regulations, 2015 that includes the required revenue breakup for the proposed name change from "Sugal & Damani Share Brokers Limited" to "Sugal Earthen Spaces Ventures Limited."

Auditor Certificate Findings (Diyali B & Associates)

The certificate confirms compliance with Regulation 45(1) of SEBI LODR Regulations:

  • A time of at least one year has elapsed from the last change of name of the company (last changed on December 23, 2008)
  • At least fifty percent of total revenue in the preceding one year period (Year Ended March 31, 2025) has been accounted for by the new activity suggested by the new name (Real Estate Business)

Revenue Breakdown for Year Ended March 31, 2025:

  • Share Broking: ₹304.76 lakhs
  • Real Estate: ₹2,308.99 lakhs
  • Total Revenue: ₹2,613.75 lakhs
  • Percentage of Total Revenue from Real Estate Business: 88.34%

Investment Breakdown:

  • Share Broking: ₹359.26 lakhs
  • Real Estate: ₹2,907.48 lakhs
  • Total Investment: ₹3,266.74 lakhs
  • Percentage of Total Investment in Real Estate Business: 89.00%