Key Quantitative Figures

  • Total Revenue for FY26: ₹74.91 lakhs (FY25: ₹108.64 lakhs)
  • Net Profit for FY26: ₹8.95 lakhs (FY25: ₹41.35 lakhs)
  • Earnings Per Share (EPS) for FY26: ₹0.18 (FY25: ₹0.83)
  • Total Assets as of 31st March 2026: ₹2076.52 lakhs
  • Investments: ₹1508.89 lakhs (Equity: ₹868.49 lakhs, Partnership: ₹618.62 lakhs, Debt Fund: ₹21.78 lakhs)
  • Trade Receivables: ₹408.02 lakhs (from Mehta Securities Limited)
  • Cash and Cash Equivalents: ₹58.62 lakhs
  • Borrowings: ₹92.25 lakhs (interest-free unsecured corporate loan)

Dates of Action

  • AGM Date: 25th September, 2026 at 09:30 AM
  • Register of Members closure: 19th to 25th September, 2026
  • Remote e-voting period: 22nd to 24th September, 2026
  • Cut-off date for voting eligibility: 18th September, 2026

Parties Involved

  • Statutory Auditors: M/s. Asim Ravindra & Associates, Chartered Accountants
  • Secretarial Auditor: M/s. Rohit Bajpai & Associates, Practicing Company Secretary
  • Internal Auditors: M/s. Trivedi Parikh & Shah, Chartered Accountants
  • Registrar and Share Transfer Agent: M/s. Purva Sharegistry (India) Pvt. Ltd.
  • Scrutinizer for e-voting: CS Sanjay Dayalji Kukadia

Business Resolutions

Ordinary Business:

1. Adoption of Audited Financial Statements for FY ended 31st March, 2026

2. Re-appointment of Mrs. Bhavna D. Mehta (DIN: 01590958) as Director retiring by rotation

Special Business:

3. Re-appointment of Mr. Vishwesh D. Mehta (DIN: 00484785) as Managing Director for 3 years w.e.f. 1st June, 2026 at remuneration not exceeding ₹5,00,000 per month

Financial and Operational Impact

  • The company's revenue decreased by 31.05% and profit decreased by 78.36% compared to previous year
  • Company received ₹2.80 crores from Radhe Estate Developers, of which ₹1.80 crores is interest amount as per court order
  • This amount is shown as liability (₹279.58 lakhs) due to pending case before Gujarat High Court
  • Trade receivables of ₹408.02 lakhs are due from Mehta Securities Limited (under same management) considered fully recoverable
  • No dividend recommended for FY26 to strengthen capital base

Capital Structure Impact

  • Authorized Share Capital: ₹5,00,00,000
  • Paid-up Share Capital: ₹5,00,00,000
  • No change in share capital during the year
  • Promoter holding details provided in financial statements

Voting Arrangements

  • Remote e-voting through NSDL platform from 22nd to 24th September, 2026
  • Physical voting through ballot paper at AGM venue
  • Scrutinizer appointed to count votes and declare results

Other Material Disclosures

  • Company is SEBI Registered Category-I Merchant Banker since 1992
  • Does not fall under CSR provisions of Section 135 of Companies Act, 2013
  • No material changes and commitments between year-end and report date
  • No subsidiaries, joint ventures or associate companies
  • All directors attended all 7 board meetings during the year
  • Company received ₹2.80 crore from Radhe Estate Developers which is shown as liability due to pending court case