Annual General Meeting Details

  • Date: Saturday, 26th September, 2026
  • Time: 10:30 AM
  • Venue: Through Video Conferencing or Other Audio Video Means (OAVM)
  • Record Date: 19th September, 2026 to 26th September, 2026 (both days inclusive)
  • E-voting Period: 23rd September, 2026 (9:00 AM) to 25th September, 2026 (5:00 PM)

Business to be Transacted

Ordinary Business:

1. To receive, consider and adopt Audited Financial Statements for year ended 31st March, 2026

2. To reappoint Mr. Manoj Navin Shah (DIN: 00554893) as Director liable to retire by rotation

Special Business:

3. Reappointment of Mr. Shanmukh Navin Shah (DIN: 00554879) as Managing Director for 3 years from 1st October 2026

4. Reappointment of Mr. Manoj Navin Shah (DIN: 00554893) as Whole-time Director for 3 years from 1st October 2026

5. Reappointment of Mr. Paresh Navin Shah (DIN: 00554914) as Whole-time Director for 3 years from 1st October 2026

Director Remuneration Terms

All three executive directors proposed for reappointment have identical remuneration terms:

  • Basic Salary: ₹125,000 per month
  • Perquisites: Leave travel allowance, medical expenses (up to one month salary), club fees, car with driver for official business, telephone facilities, medical & personal accident insurance
  • Travelling Expenses: Actual expenses reimbursed
  • Contributions: Provident Fund, Superannuation Fund as per company rules
  • Termination: 3 months notice by either party

Financial Performance (₹ in lakhs)

| Particulars | FY 2025-26 | FY 2024-25 |

| Revenue from operations | 99.17 | 89.77 |

| Other Income | 170.51 | 31.50 |

| Total Income | 269.68 | 121.27 |

| Total expenses | 105.61 | 134.27 |

| Profit before tax | 164.07 | (12.98) |

| Deferred tax | (17.72) | 18.44 |

| Profit after tax | 181.79 | (31.42) |

Key Financial Position (as at 31st March, 2026)

  • Investments: ₹1,741.09 lakhs (94% of total assets)
  • Cash and Cash Equivalents: ₹155.52 lakhs
  • Trade Receivables: ₹0.41 lakhs
  • Current Tax Asset: ₹92.19 lakhs
  • Property, Plant and Equipment: ₹2.08 lakhs
  • Trade Payables: ₹93.60 lakhs
  • Other Financial Liabilities: ₹40.59 lakhs
  • Deferred Tax Liability: ₹49.26 lakhs
  • Share Capital: ₹300.00 lakhs (30,00,000 equity shares of ₹10 each)
  • Reserves and Surplus: ₹1,373.50 lakhs

Board of Directors & Key Managerial Personnel

| Name | Designation | Status |

| Mr. Shanmukh Navin Shah | Managing Director | Continuing |

| Mr. Paresh Navin Shah | Whole-time Director | Continuing |

| Mr. Manoj Navin Shah | Whole-time Director & CFO | Continuing |

| Mr. Jyoti Mukesh Nalawade | Non-executive Independent Director | Till 01 May 2026 |

| Mrs. Saravanan Lakshmi Sri | Independent Women Director | Continuing |

| Mrs. Vaishali Siddharth Tejani | Non-executive Independent Director | Continuing |

| Mrs. Pratibha Purohit | Company Secretary | Till 07 November 2025 |

| Mrs. Nidhi Shastri | Company Secretary | From 01 May 2026 |

Regulatory Compliance Matters

  • SEBI Fine: ₹62,540 (including GST) levied for non-compliance with Regulation 6(1) of SEBI LODR Regulations for failure to appoint qualified company secretary as compliance officer for quarter ended March 2026
  • Stamp Duty Contingency: ₹35.24 lakhs provided as liability for potential Tamil Nadu stamp duty claims (disputed matter)
  • Secretarial Audit: Conducted by Vishakha Agrawal & Associates with no qualifications except SEBI fine disclosure
  • Statutory Audit: Conducted by Ramesh & Ramachandran Chartered Accountants with unqualified opinion

Capital Structure

  • Authorized Capital: ₹500.00 lakhs (50,00,000 equity shares of ₹10 each)
  • Paid-up Capital: ₹300.00 lakhs (30,00,000 equity shares of ₹10 each)
  • No change in share capital during the financial year

Significant Accounting Policies

  • Investments valued at fair value except Alternate Investment Fund valued at cost
  • Property, plant and equipment depreciated using straight-line method as per Schedule II of Companies Act, 2013
  • Revenue recognition based on applicable Indian Accounting Standards

Related Party Transactions

Disclosed transactions with related parties including Aryan Securities & Holdings Limited, Lahoti Computers Private Limited, and directors' relatives. All transactions conducted at arm's length basis.

Internal Financial Controls

Auditors reported adequate internal financial controls with reference to financial statements operating effectively as at 31st March, 2026.

Dividend

No dividend recommended for FY 2025-26.

Corporate Governance

Company exempt from certain corporate governance provisions under Regulation 15(2)(a) of SEBI LODR Regulations due to paid-up capital not exceeding ₹10 Crores and net worth not exceeding ₹25 Crores.

Forward-looking Statements

Management expressed optimism about future prospects citing India's strong economic growth, increased retail participation in capital markets, and digital transformation opportunities.

Note

All financial figures in Indian Rupees lakhs (1 lakh = 100,000). Previous year figures have been regrouped wherever necessary for comparability.