Company Overview

Asit C Mehta Financial Services Ltd (Scrip Code: 530723, ISIN: INE041B01014) has issued its 42nd Annual General Meeting notice and consolidated financial statements for FY 2025-26.

AGM Details and Corporate Actions

The company will hold its 42nd AGM on September 24, 2026, seeking shareholder approval for:

  • Adoption of audited standalone and consolidated financial statements for FY26
  • Re-appointment of Ms. Madhu Lunawat as director
  • Approval of material related party transactions with Cliqtrade Stock Brokers (₹55.50 crore) and between Pantomath Finance and subsidiary ACMIIL (₹50 crore)

Financial Performance Highlights

Standalone (₹ in Lakhs)

  • Revenue from Operations: ₹482.50 (FY25: ₹416.05) - +16.0%
  • Total Income: ₹803.07 (FY25: ₹667.56) - +20.3%
  • Loss After Tax: ₹(265.41) (FY25: ₹(281.72)) - Improvement

Consolidated (₹ in Lakhs)

  • Revenue from Operations: ₹6,123.00 (FY25: ₹7,264.08) - -15.7%
  • Total Income: ₹6,588.94 (FY25: ₹7,786.24) - -15.4%
  • Net Loss: ₹(160.11) (FY25: ₹(276.30)) - Improvement
  • Total Comprehensive Loss: ₹(253.39) (FY25: ₹(157.35))

Material Subsidiary Transactions

Mutual Fund Business Sale

Material subsidiary ACMIIL approved the sale of its Mutual Fund Business to Wealth Company Private Limited via slump sale for ₹6.59 crore, completed during FY26.

Proposed Software Assets Sale

Subsidiary Edgytal entered an MOU for proposed sale of software assets (Investmentz platform components), subject to definitive agreements and regulatory approvals.

Corporate Structure and Compliance

The group maintains two subsidiaries:

1. Asit C Mehta Investment Interrmediates Limited (94.58% ownership) - Material subsidiary with FY26 revenue of ₹586.797 lakh and PAT of ₹99.37 lakh

2. Edgytal Fintech Investment Services Private Limited (90.38% ownership) - Technology subsidiary with FY26 revenue of ₹46.41 lakh and PAT of ₹5.92 lakh

Auditors issued an unmodified opinion, highlighting subsidiary asset sales as key audit matters. The company faces ongoing regulatory matters including a SEBI penalty case pending in Supreme Court.

Capital and Ownership

  • Paid-up Capital: ₹8.24 crore (82,46,012 equity shares)
  • Promoter Holding: 74.98% as of March 31, 2026
  • No dividend recommended for FY26 due to losses

All documents are available on company website (www.acmfsl.com), BSE website, and NSDL platform for shareholder review.