Key Financial Performance (FY 2025-2026)

  • Gross Income: ₹43.67 lakhs (Previous Year: ₹58.29 lakhs)
  • Profit Before Tax: ₹18.17 lakhs (Previous Year: ₹40.64 lakhs)
  • Net Profit After Tax: ₹13.58 lakhs (Previous Year: ₹30.02 lakhs)
  • Finance Charges: Nil (Previous Year: Nil)
  • Provision for Depreciation: ₹10,297 (Previous Year: ₹14,497)
  • Provision for Tax: ₹4,59,301 (Previous Year: ₹10,61,190)
  • Transfer to Special Reserve (RBI): ₹2,71,601 (20% of PAT as required under Section 45-IC of RBI Act, 1934)
  • Paid-up Share Capital: ₹3,09,20,000 (unchanged from previous year)
  • Reserves and Surplus: ₹2,18,60,734 (Previous Year: ₹2,05,02,729)

Share Capital Structure

  • Authorized Share Capital: Increased from ₹5.25 crore to ₹10.00 crore during the year
  • Issued and Paid-up Capital: ₹3.09 crore divided into 30,92,000 equity shares of ₹10 each fully paid
  • Promoter Holding: SKC Investment Advisors Private Limited holds 75% (23,18,990 shares)
  • Dematerialization: 100% of equity capital is dematerialized

42nd Annual General Meeting Details

  • Date: Saturday, September 19, 2026
  • Time: 09:00 a.m.
  • Venue: Registered Office at 203, Aziz Avenue, CTS-1381, Near Railway Crossing Vallabhbhai Patel Road, Vile Parle (W), Mumbai-400056
  • Book Closure: September 12, 2026 to September 19, 2026 (both days inclusive)
  • E-voting Period: September 16, 2026 (9:00 a.m.) to September 18, 2026 (5:00 p.m.)

Agenda Items

Ordinary Business:

1. Adoption of Audited Financial Statements for FY 2025-2026

2. Re-appointment of Mr. Devendrasingh Ramola (DIN: 08102252) who retires by rotation

Special Business:

3. Special Resolution: Approval for borrowing limits up to ₹100 crore under Section 180(1)(c) of Companies Act, 2013

4. Ordinary Resolution: Appointment of Mr. Anand Khandelia (Peer Review No. 3985/2023) as Secretarial Auditor for 5 years from FY 2026-27 to FY 2030-31

Board of Directors and Key Managerial Personnel

Directors:

  • Mr. Santosh Suresh Choudhary (Managing Director, DIN: 05245122)
  • Mr. Devendrasingh Ramola (Executive Director, DIN: 08102252)
  • Mrs. Sangeeta Sudhir Kumar Trivedi (Non-Executive & Non-Independent Director)
  • Mr. Sanjay Rajgarhia (Non-Executive & Independent Director)
  • Dr. (Mrs.) Dipti Singh (Non-Executive & Independent Director)

Key Managerial Personnel:

  • Mr. Murari Thakur (Chief Financial Officer)
  • Mr. Prateek Sharma (Company Secretary & Compliance Officer, M. No. A49283)

Changes in Directorship:

  • Mr. Nirav Laxmichand Mamniya (Independent Director) resigned w.e.f. May 1, 2025
  • Mr. Manoj Kumar Jain (Director) resigned w.e.f. June 30, 2025
  • Mr. Devendrasingh Ramsingh Ramola and Mrs. Sangeeta Sudhir Kumar Trivedi appointed as Additional Directors w.e.f. August 1, 2025 and regularized at AGM held on August 25, 2025

Board Committees Composition

Audit Committee:

  • Mr. Sanjay Rajgarhia (Chairman)
  • Dr. (Mrs.) Dipti Singh (Member)
  • Mr. Santosh Choudhary (Member)

Nomination and Remuneration Committee:

  • Mr. Sanjay Rajgarhia (Chairman)
  • Dr. (Mrs.) Dipti Singh (Member)
  • Mrs. Sangeeta Sudhir Kumar Trivedi (Member)

Stakeholders Relationship Committee:

  • Mr. Sanjay Rajgarhia (Chairman)
  • Dr. (Mrs.) Dipti Singh (Member)
  • Mr. Devendrasingh Ramsingh Ramola (Member)

Statutory Appointments

Statutory Auditors:

M/s Shankarlal Jain & Associates LLP, Chartered Accountants, appointed for 5 years from 41st AGM till 46th AGM

Internal Auditor:

Mr. Jaydeepsingh Negi

Secretarial Auditor:

Mr. Anand Khandelia, Practicing Company Secretaries

Registrar and Transfer Agent:

Indus Shareshree Private Limited (formerly Indus Portfolio Private Limited), G-65, Bali Nagar, New Delhi-110015

Loans and Advances Portfolio

  • Total Loans Outstanding: ₹290.68 lakhs (Previous Year: ₹30.25 lakhs)
  • Major Borrowers:
  • B B Management Services Private Limited: ₹75.00 lakhs + accrued interest ₹68,794
  • Bhantawari Farms & Agrovet Trading Private Limited: ₹100.00 lakhs + accrued interest ₹91,726
  • Sthapatya Evaluators & Actuaries Private Limited: ₹100.00 lakhs + accrued interest ₹91,726
  • Interest Income from Loans: ₹27.28 lakhs (Previous Year: ₹47.99 lakhs)

Related Party Transactions

  • Unsecured loan from SKC Investment Advisors Pvt. Ltd. (Holding Company): ₹150.66 lakhs
  • Rent paid to SKC Investment Advisors Pvt. Ltd.: ₹2,12,400
  • Loans given to related parties: ₹275.00 lakhs
  • Interest income from related parties: ₹23.00 lakhs

Capital Adequacy and RBI Compliance

  • CRAR: 120.99% (Tier I: 106.10%, Tier II: 14.89%)
  • RBI Registration: B-13.02418 dated June 2, 2000
  • The company has complied with all RBI prudential norms for NBFC-ND
  • No non-performing assets as on March 31, 2026

Dividend Declaration

No dividend recommended for the financial year 2025-2026. Profits are being retained and ploughed back into the business.

Corporate Governance

  • The company has complied with all applicable provisions of SEBI LODR Regulations
  • Code of Conduct implemented for Directors and Senior Management
  • Vigil Mechanism policy established for reporting unethical behavior
  • No material related party transactions entered into during the year

Auditor Reports

Statutory Auditors' Report:

Unmodified opinion without any qualifications. No fraud reported under Section 143(12) of Companies Act, 2013.

Secretarial Audit Report:

Clean report without any qualifications. Company complied with all applicable statutory provisions.

Other Disclosures

  • No deposits accepted within meaning of Sections 73 and 74 of Companies Act, 2013
  • No material changes and commitments affecting financial position between March 31, 2026 and August 24, 2026
  • No cases filed under Sexual Harassment of Women at Workplace Act, 2013
  • No outstanding investor complaints as on March 31, 2026
  • Company affirmed compliance with Secretarial Standards I & II issued by ICSI