AGM Details

  • Meeting Date: Thursday, September 3, 2026 at 11:30 AM IST
  • Mode: Video Conferencing/Other Audio Visual Means
  • Record Date: August 27, 2026 for determining members entitled to vote
  • Book Closure: August 28, 2026 to September 3, 2026 (both days inclusive)
  • Remote e-Voting Period: From 9:00 AM on August 31, 2026 to 5:00 PM on September 2, 2026
  • e-Voting URL: https://instavote.linkintime.co.in/

Business to be Transacted

Ordinary Business:

1. Consideration and adoption of audited financial statements for FY ended March 31, 2026

2. Re-appointment of Ms. Aparna Goel (DIN: 00142961) as director liable to retire by rotation

3. Re-appointment of Mr. Shao Xing Max Yang (DIN: 08114973) as director liable to retire by rotation

Financial Performance Highlights (Standalone)

| Particulars | FY 2025-26 (₹ in lakhs) | FY 2024-25 (₹ in lakhs) |

| Total Income | 28.61 | 46.93 |

| Total Expenditure | 68.25 | 62.02 |

| Profit/(Loss) before tax | (39.64) | (15.09) |

| Tax Expenses | 2.87 | (13.21) |

| Profit/(Loss) after Tax | (42.50) | (1.88) |

| Basic EPS (₹) | (6.07) | (0.27) |

| Diluted EPS (₹) | (6.07) | (0.27) |

Key Financial Position (as of March 31, 2026)

  • Total Assets: ₹1,010.83 lakhs (Previous: ₹1,046.59 lakhs)
  • Equity Share Capital: ₹70.00 lakhs (700,000 equity shares of ₹10 each)
  • Other Equity: ₹899.77 lakhs (Previous: ₹942.26 lakhs)
  • Investments: ₹311.99 lakhs in Venture Gurukool Fund-I (AIF)
  • Cash & Cash Equivalents: ₹694.80 lakhs
  • Current Tax Assets: ₹3.34 lakhs

Shareholding Pattern (as of June 30, 2026)

  • Calvera Capital Pte Ltd: 525,000 shares (75%)
  • Sparrow Asia Diversified Opportunities Fund: 61,132 shares (9%)
  • BAO Value Fund: 51,600 shares (7%)

Board of Directors

  • Mr. Shao Xing Max Yang - Chairman & Director
  • Mr. Jayant Goel - Whole Time Director
  • Ms. Ntasha Berry - Non-Executive Independent Director
  • Ms. Aparna Goel - Non-Executive Director

Key Managerial Personnel

  • Mrs. Sneha Khandelwal - Company Secretary, Compliance Officer & Chief Financial Officer

Board Meeting Attendance (FY 2025-26)

  • Mr. Shao Xing Max Yang: 4 out of 4 meetings
  • Ms. Ntasha Berry: 4 out of 4 meetings
  • Mr. Jayant Goel: 4 out of 4 meetings
  • Ms. Aparna Goel: 1 out of 4 meetings

Committee Composition

Audit Committee: Ms. Ntasha Berry (Chairman), Mr. Shao Xing Max Yang, Mr. Jayant Goel - Met 4 times

Nomination & Remuneration Committee: Ms. Ntasha Berry (Chairman), Mr. Shao Xing Max Yang, Ms. Aparna Goel - Met 1 time

Stakeholders' Relationship Committee: Ms. Ntasha Berry (Chairman), Mr. Shao Xing Max Yang, Mr. Jayant Goel - Met 1 time

Remuneration Details

  • Mrs. Sneha Khandelwal (CS & CFO): ₹3,93,000 p.a. salary
  • Directors receive only sitting fees, no other remuneration

Secretarial Audit Qualifications

The Secretarial Audit Report noted:

  • Composition of board of directors not in proper balance (only one Independent Director)
  • Formation of Audit Committee and Nomination Remuneration Committee not in proper order
  • Separate meeting of Independent directors not held during the year
  • Management informed they are in process of identifying independent directors

Other Key Disclosures

  • Dividend: No dividend recommended for FY 2025-26
  • Subsidiaries: No subsidiaries, joint ventures or associate companies
  • Related Party Transactions: No material related party transactions requiring compliance under Section 188(1) of Companies Act, 2013
  • Loans/Guarantees/Investments: No loans, guarantees or investments under Section 186
  • Public Deposits: No deposits accepted from public
  • CSR: Provisions not applicable to the company
  • Sexual Harassment: No complaints received during the year
  • IEPF: No funds required to be transferred to Investor Education and Protection Fund

Capital Structure

  • Authorized Capital: ₹5,00,00,000 (45,00,000 equity shares of ₹10 each + 50,000 11% Redeemable Cumulative Preference Shares of ₹100 each)
  • Paid-up Capital: ₹70,00,000 (700,000 equity shares of ₹10 each)
  • No change in share capital during the year

Registrar and Share Transfer Agent

MUFG Intime India Private Limited, C-101, 1st Floor, 247 Park, Lal Bahadur Shastri Marg, Vikhroli (West), Mumbai - 400083

#Tags: #LerthaiFinance #AGM #FY2026Results #SEBIDisclosure #RegulatoryCompliance #FinancialUpdate #Neutral