Key Decisions Approved

1. Unaudited Financial Results for Quarter Ended 30.06.2026: The Board approved the unaudited standalone and consolidated financial results for the quarter ended 30.06.2026, along with the Limited Review Report issued by the statutory auditors pursuant to Regulation 33 of SEBI (LODR) Regulations, 2015.

2. Forfeiture of Convertible Warrants: The Board approved the forfeiture of 10,00,000 convertible warrants allotted on 21.01.2025 to non-promoter-public allottees:

  • Shri Subhash P. Rathod: 5,00,000 warrants
  • Shri Saajan S. Rathod: 2,50,000 warrants
  • Shri Mayank S. Rathod: 2,50,000 warrants

The forfeiture was due to non-receipt of the balance 75% consideration amounting to ₹4,95,00,000 (Rupees Four Crore Ninety Five Lakhs Only) within the due date of 20.07.2026 (expiry of 18 months). Consequently, the upfront amount of 25% (₹1,65,00,000; Rupees One Crore Sixty Five Lakhs Only) paid by the allottees stands forfeited and has been transferred to the Capital Reserve Account. All rights attached to the lapsed warrants stand cancelled.

Financial Results Highlights (Rs. in Lakhs)

Standalone Results:

  • Revenue from Operations: ₹254.19 (Q1 FY27) vs ₹232.64 (Q1 FY26)
  • Fees & Brokerage income: ₹119.22 vs ₹128.80
  • Sale of Products: ₹113.58 vs ₹80.07
  • Net Gain on fair value change: ₹11.49 vs ₹17.01
  • Other Operating Income: ₹9.90 vs ₹6.76
  • Total Revenue: ₹256.33 vs ₹237.18
  • Profit Before Tax: ₹23.00 vs ₹22.08
  • Tax Expenses: ₹5.79 vs ₹5.56
  • Net Profit for Period: ₹17.21 vs ₹16.52
  • Basic EPS: ₹0.03 vs ₹0.03
  • Paid-up equity share capital: ₹611.62 (face value Re. 1 per share)

Consolidated Results:

  • Revenue from Operations: ₹297.56 (Q1 FY27) vs ₹260.65 (Q1 FY26)
  • Includes interest income: ₹33.68 vs ₹28.01
  • Total Revenue: ₹299.70 vs ₹267.52
  • Profit Before Tax: ₹29.75 vs ₹25.06
  • Tax Expenses: ₹7.49 vs ₹6.31
  • Net Profit After Minority Interest: ₹21.42 vs ₹18.53
  • Basic EPS: ₹0.04 vs ₹0.03

Additional Information

  • The financial results include consolidated results of subsidiaries: Ajcon Finance Limited, Ajcon Comtrade Private Limited, and Kanchanmanik Securities Private Limited.
  • There were no exceptional or extraordinary items during the quarter.
  • The trading window for dealing in company securities was closed from 01.07.2026 until 48 hours after the declaration of results on 12.08.2026.
  • The Board meeting commenced at 02:30 PM IST and concluded at 04:00 PM IST.
  • The financial results and limited review reports are available on the company website www.ajcononline.com and will be published in newspapers as required by regulation.