Board Meeting Details
The meeting commenced at 4:00 PM (IST) and concluded at 4:30 PM (IST) on August 07, 2026.
Key Approvals
1. Unaudited Financial Results: Approved the unaudited financial results (standalone & consolidated) for the quarter ended June 30, 2026, along with Limited Review Reports.
2. AGM Notice: Approved the notice of the 42nd Annual General Meeting to be held on September 24, 2026, at 2:00 PM (IST) through Video Conferencing/Other Audio Visual Means.
Standalone Financial Results (₹ in Lakhs)
- Total Income: ₹159.54 (Q1 June 2026) vs ₹235.62 (Q1 June 2025)
- Total Expenses: ₹223.12 (Q1 June 2026) vs ₹247.16 (Q1 June 2025)
- Loss Before Tax: ₹(63.58) (Q1 June 2026) vs ₹(11.54) (Q1 June 2025)
- Loss After Tax: ₹(63.58) (Q1 June 2026) vs ₹(11.54) (Q1 June 2025)
- Total Comprehensive Loss: ₹(63.60) (Q1 June 2026) vs ₹(10.64) (Q1 June 2025)
- EPS (Basic & Diluted): ₹(0.77) (Q1 June 2026) vs ₹(0.14) (Q1 June 2025)
- Paid-up Equity Share Capital: ₹824.60 (face value ₹10 per share)
Consolidated Financial Results (₹ in Lakhs)
- Profit Before Exceptional Items & Tax: ₹(162.10) (Q1 June 2026)
- Exceptional Items: ₹659.00 (Q1 June 2026) - Gain from slump sale of Mutual Fund Distribution Business
- Profit Before Tax: ₹496.90 (Q1 June 2026) vs ₹(244.45) (Q1 June 2025)
- Total Tax: ₹11.77 (Q1 June 2026)
- Profit After Tax: ₹485.13 (Q1 June 2026) vs ₹(240.00) (Q1 June 2025)
- Total Comprehensive Profit: ₹506.76 (Q1 June 2026) vs ₹(256.04) (Q1 June 2025)
- EPS (Basic & Diluted): ₹5.88 (Q1 June 2026) vs ₹(2.91) (Q1 June 2025)
Segment-wise Performance (Q1 June 2026)
- Stock Broking & Allied Services: Revenue ₹1,062.08 lakh, Segment Profit ₹620.90 lakh
- Investment Activities: Revenue ₹62.12 lakh, Segment Loss ₹(17.65) lakh
- Information Technology Enabled Services: Revenue ₹0, Segment Loss ₹(17.32) lakh
- Wealth Management: Revenue ₹0, Segment Profit ₹0
Exceptional Item Details
The company's material subsidiary (Asit C Mehta Investment Interrmediates Limited) transferred its Mutual Fund Distribution Business through a slump sale during the quarter for a consideration of ₹659 lakh, resulting in recognition of exceptional profit.
Auditor Review
Manek & Associates Chartered Accountants (Firm Registration No.: 126679W) issued limited review reports for both standalone and consolidated financial results, stating nothing came to their attention suggesting material misstatement.