Summary of Key Information:

Reporting Period (Quarter/Year): Quarter Ended 30th June 2026 (Q1 FY27)

Nature of Filing / Announcement: Outcome of Board Meeting - Unaudited Financial Results

Audit Opinion:

The Limited Review Report by the statutory auditors, M/s. S. Ramanand Aiyar & Co, Chartered Accountants, was issued. The report contained no qualifications or modifications but drew attention to Note 4 regarding the accounting for the merger of Maximus Securities Limited.

Key Financial Highlights [Rs. in Lakhs]:

Standalone Results:

| Metric | Quarter Ended 30th June 2026 | Quarter Ended 30th June 2025 |

| Total Income | 221.58 | 150.57 |

| Profit before Tax | 44.08 | 58.22 |

| Profit after Tax | 44.08 | 58.22 |

| Basic EPS (Not annualized) | ₹0.15 | ₹0.20 |

| Diluted EPS (Not annualized) | ₹0.15 | ₹0.20 |

Expense Breakdown [Rs. in Lakhs]:

  • Employee Benefit Expenses: ₹54.14 (Q1 FY26: ₹36.28)
  • Professional Fees & Service Charges: ₹12.67 (Q1 FY26: ₹6.14)
  • Finance Costs: ₹0.19 (Q1 FY26: ₹0.19)
  • Depreciation: ₹3.38 (Q1 FY26: ₹3.02)
  • Provisions and Write Offs: ₹80.00 (Q1 FY26: ₹31.23) [Refer Note 9]
  • Other Expenditure: ₹30.90 (Q1 FY26: ₹76.86)
  • Total Expenses: ₹177.50 (Q1 FY26: ₹153.72)

Other Comprehensive Income:

  • Remeasurement of Gains/(Losses) on Non-Current Investments: ₹(161.66) lakhs
  • Total Comprehensive Income/(Loss) for the period: ₹(117.58) lakhs

Capital Structure:

  • Paid up Equity Share Capital: ₹1,471.81 lakhs
  • Reserves Excluding Revaluation Reserves: Not specified

Segment-wise Performance:

The company is engaged in a single business segment viz; financial services. Therefore, there are no reportable segments as per Ind AS 108.

Corporate Actions:

The Directors have approved a Dividend of 1% on Preference Shares for the Financial Year 2025-2026. This will absorb ₹0.70 lakhs subject to confirmation by the members in the Annual General Meeting.

Other Significant Information:

  • The Company has unabsorbed Depreciation and Carry Forward Losses under the Income Tax Act, 1961. No Deferred Tax has been recognized
  • Other Expenditures includes payment made to BSE and NSE towards Annual Listing Fees and payments made to CDSL and NSDL towards Annual Custodial Fees amounting to ₹7.79 lakhs during the quarter
  • Provisions and Write Offs of ₹80.00 lakhs for year ended 31st March 2026 represents a Rental Deposit given in 1997 which the landlord failed to return
  • Provisions and Write Off of ₹2.67 lakhs for the quarter represents Debit Balances of Depository Clients outstanding for more than three years and not recoverable
  • The Company has created Contingency Provisions towards some liabilities, reviewed periodically by management
  • Hon'ble Bombay High Court sanctioned Scheme of Compromise under section 391 with bankers and trustees for debenture holders in 2005 and 2010. Company has completed all payments but awaits final discharge
  • Comparative figures for previous quarter include financial results of Maximus Securities Limited as the same was considered for preparation of Consolidated Financial Statements for that quarter