Key Event Details

  • 41st Annual General Meeting to be held on Tuesday, 29th September, 2026 at 01:00 P.M. through Video Conference/Other Audio-Visual Means
  • Cut-off date for remote e-voting: Tuesday, 22nd September, 2026
  • Remote e-voting period: Saturday, 26th September, 2026 at 9:00 a.m. to Monday, 28th September, 2026 at 5:00 p.m.
  • Deemed venue: Registered Office at Upper Basement, Smart Bharat Mall, Plot No.I-2, Sector - 25A, Gautam Buddha Nagar, Noida, Uttar Pradesh- 201301

Business to be Transacted

Ordinary Business

1. To receive, consider and adopt the Audited Financial Statements including Balance Sheet as at 31st March 2026, Profit and Loss Account, Cash Flow Statement for year ended 31st March, 2026 with notes, Directors Reports and Auditors Report

2. To consider re-appointment of Mr. Gurvinder Pal Singh (DIN: 05207077) as Director who retires by rotation

Financial Performance Highlights (FY 2025-2026)

| Particulars | FY 2025-2026 (₹ in lakhs) | FY 2024-2025 (₹ in lakhs) |

| Interest Income | 484.21 | 255.22 |

| Other Income | 1.40 | 1.73 |

| Total Income | 485.62 | 256.95 |

| Finance Costs | 337.49 | 161.11 |

| Employee Benefits Expenses | 26.49 | 48.15 |

| Depreciation & Amortization | 1.10 | 0.86 |

| Other Expenses | 28.92 | 48.24 |

| Profit/(Loss) Before Tax | 91.62 | (1.41) |

| Profit/(Loss) After Tax | 91.62 | (1.41) |

| Earnings Per Share (Basic) | ₹1.23 | (₹0.02) |

| Earnings Per Share (Diluted) | ₹1.23 | (₹0.02) |

Capital Structure

  • Authorized Share Capital: ₹750 lakhs (75,00,000 equity shares of ₹10 each)
  • Paid-up Equity Share Capital: ₹747.739 lakhs (74,77,390 equity shares of ₹10 each) - unchanged during the year
  • Net Worth: ₹604.00065 lakhs as on 31st March, 2026

Key Managerial Personnel Changes

  • Mr. Ajay Singh resigned as Chief Financial Officer effective 31st July, 2025
  • Ms. Disha Soni resigned as Company Secretary effective 16th September, 2025
  • Mr. Gaurav Aggarwal resigned as Manager effective 29th October, 2025 and appointed as CFO effective 30th October, 2025
  • Ms. Himanshi Dhakad appointed as Company Secretary effective 30th October, 2025
  • Ms. Nikita Sehrawat appointed as Manager effective 22nd January, 2026

Board Composition

  • Mr. Gurvinder Pal Singh: Non-Executive Non-Independent Director (since 21st July, 2019)
  • Mr. Siddheshwar Kumar Upadhyay: Non-Executive Independent Director (since 28th September, 2019)
  • Ms. Himani Aneja: Non-Executive Independent Director (since 29th August, 2024)

Important Compliance Notices

Physical Share Folio Requirements

  • Mandatory requirement for physical security holders to furnish valid PAN, full KYC details, and nomination
  • Folios without valid documents will be frozen from 01st October, 2024
  • Frozen folios as on 31st December, 2026 will be referred to Benami Transactions Administering Authority

Dematerialization Mandatory

  • All share transfers must be in dematerialized form except transmission/transposition requests
  • Physical share holders requested to dematerialize holdings
  • Specific service requests (duplicate certificates, transmission, etc.) will result in shares issued only in demat form

E-Voting Instructions

  • Remote e-voting through NSDL platform
  • Cut-off date: 22nd September, 2026
  • Voting period: 26th to 28th September, 2026
  • Scrutinizer: Mr. Dinkar Sharma, Practicing Company Secretary (FCS 7383)

Corporate Overview

  • Company Type: Non-Banking Financial Company (Non-Deposit taking) registered with RBI
  • Classification: Base Layer NBFC (NBFC-BL)
  • Business: Investment, inter-corporate deposits, short-term loans and advances to group companies
  • Listing: BSE Limited (Scrip Code: 512265)
  • Suspension History: Trading suspension revoked w.e.f. July 03, 2025 by BSE
  • Delisting: Voluntarily delisted from Calcutta Stock Exchange w.e.f. 10th June, 2025

Key Financial Ratios

| Ratio | FY 2025-2026 | FY 2024-2025 | % Variance |

| Debt-Equity Ratio | 5.96 | 6.38 | -6.59% |

| Return on Net Worth | 15.17 | -0.28 | 5606.68% |

| Net Profit Margin (%) | 0.19 | -0.01 | 3534.74% |

Loan Portfolio

  • Total Loans: ₹4,073.7787 lakhs (Previous year: ₹3,709.50 lakhs)
  • Major Borrowers: Modipur Devices Pvt. Ltd. (₹2,420 lakhs), Beyond 100 Rishikesh Pvt Ltd (₹254.2787 lakhs), Modi Studios Pvt. Ltd. (₹121.50 lakhs)
  • Interest Rates: Ranging from 12.00% to 12.50%

Borrowings

  • Total Borrowings: ₹3,599.7547 lakhs (Previous year: ₹3,269.2547 lakhs)
  • From Smart Bharat Pvt Ltd: ₹1,528.50 lakhs @ 9.5% (Due: 25.03.2027)
  • From Global Mobile Infrastructure Pvt. Ltd.: ₹162.547 lakhs @ 9.5% (Due: 31.03.2027)
  • From Bougainvillea Multiplex & Entertainment Center Pvt. Ltd.: ₹2,055.00 lakhs @ 10% (Due: 23.01.2028)

Investments

  • Investment in Modikem Private Limited: 27,60,000 shares carrying value ₹278.08 lakhs (fully provided for impairment)

Auditors' Reports

  • Statutory Auditors: No qualifications, reservations or adverse remarks
  • Secretarial Auditors: Minor observations regarding delayed filings and board composition
  • Internal Financial Controls: Adequate and operating effectively