Key Financial Figures (Standalone, FY 2025-26 vs FY 2024-25)

  • Revenue from Operations: ₹683.69 lakh (Previous: ₹521.17 lakh)
  • Other Income: ₹9.06 lakh (Previous: ₹19.58 lakh)
  • Total Income: ₹692.75 lakh (Previous: ₹540.75 lakh)
  • Finance Costs: ₹265.54 lakh (Previous: ₹216.41 lakh)
  • Profit Before Tax: ₹157.19 lakh (Previous: ₹45.14 lakh)
  • Tax Expense: ₹58.00 lakh (Current Tax: ₹50.00 lakh, Deferred Tax: ₹7.60 lakh, Excess Provision: ₹0.40 lakh)
  • Profit After Tax: ₹99.19 lakh (Previous: ₹41.33 lakh)
  • EPS: ₹0.88 (Previous: ₹0.58)
  • Gross Loan Portfolio: ₹5771.09 lakh (Previous: ₹3254.65 lakh)
  • Total Assets: ₹6235.62 lakh (Previous: ₹3526.85 lakh)
  • Borrowings: ₹2695.59 lakh (Previous: ₹2209.42 lakh)
  • Equity Share Capital: ₹1420.00 lakh (Previous: ₹1000.00 lakh)
  • Other Equity: ₹2041.54 lakh (Previous: ₹263.84 lakh)

Capital Structure Changes

  • Authorized share capital increased from ₹30 crore to ₹45 crore and further to ₹85 crore during FY 2025-26
  • Paid-up equity share capital increased from ₹14.20 crore to ₹78.10 crore through rights issue
  • 42,00,000 equity shares issued on preferential basis during the year

Board and Governance Matters

33rd Annual General Meeting Scheduled

  • Date: Wednesday, September 30, 2026
  • Time: 11:00 AM
  • Mode: Video Conferencing/Other Audio Visual Means (VC/OAVM)

Agenda Items

Ordinary Business:

1. Adoption of audited financial statements for FY ended March 31, 2026

2. Re-appointment of Mr. Arun Madhavan Nair (DIN: 07050431) who retires by rotation

Special Business:

3. Re-appointment of Shri Pankaj Jadhav (DIN: 05279030) as Independent Director for second term of 5 years

4. Re-appointment of Smt. Deepa Nair (DIN: 09291891) as Women Independent Director for second term of 5 years

5. Appointment of Mr. Harsh Chauhan (DIN: 11918169) as Independent Director for first term of 5 years

6. Voluntary delisting of equity shares from Metropolitan Stock Exchange while continuing listing on BSE

Director Changes During FY 2025-26

  • Mr. Arun Nair: Change in designation to Whole Time Director w.e.f. September 30, 2025
  • Ms. Chhayaba Balbhadrasinh Dodiya: Resigned as CFO w.e.f. March 20, 2026
  • Mr. Arun Nair: Appointed as CFO w.e.f. March 20, 2026

Voluntary Delisting Proposal

  • Proposal to delist from Metropolitan Stock Exchange of India Limited (MSEI) while maintaining BSE listing
  • Being undertaken under Regulations 5 and 6 of SEBI (Delisting of Equity Shares) Regulations, 2021
  • No exit opportunity to be provided to public shareholders as company will remain listed on BSE
  • Requires special resolution approval from shareholders

Auditor Appointments

  • Statutory Auditor: M/s Sheladiya & Jyani, Chartered Accountants (FRN: 134430W)
  • Secretarial Auditor: M/s Bhagat Associates, Practicing Company Secretaries (FCS: 3032)
  • Internal Auditor: M/s H N V B & Associates, Chartered Accountants (FRN: 133622W) appointed w.e.f. January 24, 2026

Key Operational Highlights

  • Gross loan portfolio increased 77.3% to ₹57.71 crore from ₹32.55 crore
  • Portfolio composition: Unsecured loans ₹52.55 crore, Gold loans ₹5.11 crore
  • Standard assets: ₹57.66 crore, Sub-standard: ₹19.22 lakh, Doubtful: ₹60.28 lakh
  • Provisions against portfolio: ₹74.72 lakh
  • Employee strength: 12 employees (7 male, 5 female) as on March 31, 2026

Important Dates

  • AGM Notice Date: September 3, 2026
  • Remote e-voting period: September 27, 2026 (9:00 AM) to September 29, 2026 (5:00 PM)
  • Cut-off date for voting eligibility: September 23, 2026
  • Financial statements authorized for issue: May 30, 2026

Board of Directors

  • Mr. Akhil Nair (Chairman & Managing Director, DIN: 07706503)
  • Mr. Dhananjayan Kakkat Nair (Whole Time Director, DIN: 02609192)
  • Mr. Arun Madhavan Nair (Whole Time Director, DIN: 07050431)
  • Mrs. Deepa Sajeev Nair (Women Independent Director, DIN: 09291891)
  • Mr. Pankaj Ganpat Jadhav (Independent Director, DIN: 05279030)

Key Managerial Personnel

  • Chief Financial Officer: Mr. Arun Madhavan Nair
  • Company Secretary and Compliance Officer: Mrs. Divya Shah

Registrars and Transfer Agent

MCS Share Transfer Agent Ltd., Ahmedabad

Voting Arrangements

  • Remote e-voting through CDSL platform
  • Physical shareholders and non-individual demat shareholders to vote via www.evotingindia.com
  • Individual demat shareholders can vote through depository participants (CDSL/NSDL)
  • Scrutinizer: M/s Bhagat Associates, Practicing Company Secretaries