AGM Details

  • The 35th Annual General Meeting will be held on Monday, September 28, 2026 at 11:30 AM through Video Conferencing/Other Audio Visual Means
  • No physical meeting will be held due to continuing COVID-19 pandemic considerations
  • Remote e-voting facility provided through CDSL for all resolutions
  • E-voting period: September 25, 2026 (9:00 AM) to September 27, 2026 (5:00 PM)
  • Register of Members and Share Transfer Books will remain closed from September 22, 2026 to September 28, 2026 (both days inclusive)
  • Record date for determining shareholders entitled to vote: September 21, 2026

Financial Performance Highlights (FY 2025-26 vs FY 2024-25)

| Particulars | FY 2025-26 (₹ in '000) | FY 2024-25 (₹ in '000) |

| Revenue from operations | 4,138.42 | 5,711.49 |

| Other Income | 2.48 | 116.26 |

| Total Expenses | 11,709.39 | 8,565.42 |

| Loss before tax | (7,568.49) | (2,737.66) |

| Tax Expense | 3,532.50 | 865.28 |

| Net Loss for the year | (11,100.99) | (3,602.94) |

| Total Comprehensive Income | (7,337.66) | (1,603.82) |

| Basic EPS (₹) | (2.16) | (0.70) |

| Diluted EPS (₹) | (2.16) | (0.70) |

Business Operations Review

Stock Broking

  • Income decreased to ₹382,100 from ₹475,400 in previous year
  • Company provides institutional broking business and is empanelled with public sector banks and insurance companies

Depository Participant Operations

  • Income decreased to ₹31,700 from ₹55,700 in previous year
  • Offers facilities to institutional and retail investors to maintain investments in electronic form

Merchant Banking & Portfolio Management Services

  • Company surrendered its Portfolio Management Services registration granted by SEBI during the financial year
  • MBD division provides valuation services as per various statutory requirements

Key Corporate Information

Board of Directors

  • Mr. Lalchand Munoth, Chairman (DIN: 01693640)
  • Mr. Jaswant Munoth, Managing Director (DIN: 00769545)
  • Mr. Bharat Munoth (DIN: 00769588)
  • Mr. Vikas Munoth (DIN: 00769366)
  • Mr. C R Sasi (DIN: 06752354)
  • Ms. Mansi Chopra (DIN: 11252880)

Key Managerial Personnel

  • Company Secretary: Ms. A G Nandini
  • Auditors: M/s. Kumbhat & Co., Chartered Accountants, Chennai
  • Secretarial Auditor: Mr. N Selvam, Practicing Company Secretary
  • Bankers: HDFC Bank, Bank of Baroda
  • RTA: Cameo Corporate Services Limited, Chennai

AGM Agenda Items

Ordinary Business

1. To receive, consider and adopt Audited Financial Statements for FY ended March 31, 2026

2. To appoint director in place of Mr. Vikas Munoth (DIN: 00769366) who retires by rotation

3. To appoint director in place of Mr. Lalchand Munoth (DIN: 01693640) who retires by rotation

Director Details for Re-appointment

Mr. Vikas Munoth

  • Age: 49 years (Date of Birth: March 26, 1977)
  • Qualifications: Bachelor Degree in Commerce, PG Diploma in Business Management (Finance & Marketing), Chartered Financial Analyst
  • Experience: Extensive experience in capital markets, fundamental and technical analysis
  • Shareholding: 1,014,500 shares as of March 31, 2026
  • Other directorships: Tirupati Electronics Manufacturing Cluster Limited, Munoth Communication Limited, Munoth Lithium Battery Private Limited, Managing Director of Munoth Industries Limited

Mr. Lalchand Munoth

  • Age: 88 years (Date of Birth: December 5, 1938)
  • Qualifications: Bachelor Degree in Arts from Mysore University
  • Experience: Senior shareholder, guiding figure with vast experience in finance field, director since 1990
  • Shareholding: 687,100 shares as of March 31, 2026
  • Other directorships: Misrimal Navajee Estates Private Limited, Munoth Industries Limited, Munoth Bioscience Limited, South India Chemicals and Leasing Private Limited

Dividend Declaration

  • Board of Directors has decided not to recommend any dividend for FY 2025-26
  • No unclaimed dividend to transfer to Investor Education and Protection Fund as no dividend was declared last year

Capital Structure

  • Equity Share Capital: ₹51,353,000 (5,135,300 equity shares of ₹10 each)
  • Securities Premium: ₹20,250,000
  • Revaluation Reserve: ₹35,976,570
  • Capital Reserve: ₹259,500
  • Retained Earnings: Negative ₹29,547,880

Investments

  • Total investments: ₹43,709,690 (Previous year: ₹60,813,510)
  • Includes quoted equity instruments (FVTPL): ₹6,156,570
  • Unquoted equity instruments (FVTOCI): ₹37,535,180
  • Other financial assets: ₹9,970,000

Related Party Transactions

  • Loan from Mr. Vikas Munoth (Director): Net amount ₹1,505,000 at year-end
  • During the year, repaid loan of ₹2,000,000 by selling investment in Shankeswara Finance and Investments Private Limited
  • Transactions conducted at arm's length basis

Corporate Governance

  • Company conducted 6 Board meetings during the financial year
  • Audit Committee: Mr. C R Sasi (Chairman), Ms. Mansi Chopra, Mr. Jaswant Munoth
  • Nomination and Remuneration Committee: Mr. C R Sasi (Chairman), Ms. Mansi Chopra, Mr. Jaswant Munoth
  • Shareholders Relationship Committee: Mr. C R Sasi (Chairman), Ms. Mansi Chopra, Mr. Jaswant Munoth
  • No corporate governance report required as net worth below ₹25 crores and paid-up capital less than ₹10 crores

Employee Strength

  • Number of permanent employees: 11
  • Key managerial personnel remuneration: ₹600,000 p.a. for Company Secretary
  • No employees received remuneration exceeding limits specified under Companies Act, 2013

Future Outlook

  • Company will continue to focus on Institutional and retail Broking business
  • Cautiously constructive outlook despite near-term volatility concerns
  • Opportunities in digitization of financial products and institutional broking business

Important Dates

  • AGM Date: September 28, 2026
  • Book Closure: September 22-28, 2026
  • E-voting Period: September 25-27, 2026
  • Record Date: September 21, 2026
  • Board Report Date: May 29, 2026

Website Information

  • Company website: www.munothfinancial.com
  • Annual Report available on website and BSE website (www.bseindia.com)
  • E-voting through: www.evotingindia.com