AGM Details

  • The 35th Annual General Meeting will be held on Monday, September 28, 2026 at 11:30 AM IST through video conferencing/other audio visual means.
  • The deemed venue is the Registered Office at Suite No. 46 & 47, Munoth Centre, 3rd Floor, 343, Triplicane High Road, Chennai - 600 005.
  • 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.
  • Remote e-voting period: September 25, 2026 (9:00 AM) to September 27, 2026 (5:00 PM).

Ordinary Business

1. To adopt the audited financial statements for FY25-26 including Balance Sheet, Statement of Profit and Loss, Cash Flow Statement, and Reports of Directors and Auditors.

2. To appoint Mr. Vikas Munoth (DIN: 00769366) who retires by rotation and offers himself for re-appointment.

3. To appoint Mr. Lalchand Munoth (DIN: 01693640) who retires by rotation and offers himself for re-appointment.

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 Appointments

  • 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
  • Legal Advisors: Aiyar & Dolia, Advocates, Chennai
  • Registrars and Share Transfer Agents: Cameo Corporate Services Limited, Chennai

Financial Results (₹ in '000)

Income Statement Highlights

| Particulars | 2025-2026 | 2024-2025 |

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

| Other Income | 2.48 | 116.26 |

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

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

| Tax Expenses | 3,532.50 | 865.28 |

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

| Other Comprehensive Income, net of tax | 3,763.33 | 1,999.11 |

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

| Basic EPS (₹) | (2.16) | (0.70) |

| Diluted EPS (₹) | (2.16) | (0.70) |

Balance Sheet Highlights (as at March 31)

| Particulars | 2026 | 2025 |

| Total Assets | 123,502.55 | 124,741.78 |

| Equity Share Capital | 51,353.00 | 51,353.00 |

| Other Equity | 47,873.12 | 54,446.25 |

| Total Equity | 99,226.12 | 105,799.25 |

| Non-Current Liabilities | 5,592.64 | 806.05 |

| Current Liabilities | 18,683.79 | 18,136.48 |

Business Operations Review

  • Total revenue decreased to ₹41.41 lakhs from ₹58.28 lakhs in the previous financial year.
  • Stock broking income decreased to ₹38.21 lakhs from ₹47.54 lakhs.
  • Depository operations income decreased to ₹3.17 lakhs from ₹5.57 lakhs.
  • The Company surrendered its Portfolio Management Services registration granted by SEBI during the financial year.
  • Merchant Banking division provides valuation services as per various statutory requirements.

Future Prospects

The company will continue to focus on Institutional and retail Broking business.

Dividend

The Board of Directors has decided not to recommend any dividend for FY25-26.

Capital Structure

  • Authorized Share Capital: 100,000 equity shares of ₹10 each
  • Issued, Subscribed and Paid-up Capital: 51,35,300 equity shares of ₹10 each fully paid-up
  • No changes in share capital during the year.

Key Shareholders (as at March 31, 2026)

  • Mr. Vikas Munoth: 10,14,500 shares (19.76%)
  • Munoth Communication Ltd: 10,06,100 shares (19.59%)
  • Mr. Jaswant Munoth: 8,36,100 shares (16.28%)
  • Mr. Bharat Munoth: 7,17,900 shares (13.98%)
  • Mr. Lalchand Munoth: 6,87,100 shares (13.38%)

Investments

  • Investments at Fair Value Through Profit or Loss: ₹6,174.52 thousand (quoted equity instruments and mutual funds)
  • Investments at Fair Value Through Other Comprehensive Income: ₹37,535.18 thousand (unquoted equity instruments)
  • Other Non-Current Financial Assets (Security Deposits): ₹9,970.00 thousand

Related Party Transactions

  • Loan from Mr. Vikas Munoth (Director): Net amount ₹1,505 thousand at year-end
  • During the year, repaid loan of ₹2,000 thousand by selling investment in Sankeshwara Finance and Investments Private Limited
  • Sale of investments to related parties: Sankeshwara Finance (₹2,000 thousand), Munoth Industries (₹15,200 thousand), Misrimal Navajee Estates (₹500 thousand), Munoth Negwindfarm (₹462.56 thousand)

Board Meetings

The Company conducted 6 Board meetings during the financial year on: April 9, 2025; May 30, 2025; August 14, 2025; August 28, 2025; November 14, 2025; and February 12, 2026.

Committee Composition

  • 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

Secretarial Audit

  • Conducted by Mr. N Selvam, Practicing Company Secretary
  • No qualifications, reservations or adverse remarks in secretarial audit report
  • Company complied with all applicable secretarial standards

Internal Financial Controls

The Company has adequate internal financial controls with reference to financial statements. During the year under review, such controls were tested and no reportable material weakness in the design or operation were observed.

Corporate Social Responsibility

The Company has not developed and implemented any Corporate Social Responsibility initiatives as the said provisions are not applicable for FY25-26.

Material Changes and Commitments

There were no material changes and commitments affecting the financial position of the company between March 31, 2026 (the end of the financial year) and May 29, 2026 (the date of the report).

Energy Conservation

The Company has no activities relating to conservation of energy, technology absorption, foreign exchange earnings and outgo.

Risk Management

The Risk Management Committee of the Company continuously monitors business and operations risk through an efficient risk management system.

Employee Benefits

  • Defined Contribution Plan: Provident fund contributions of ₹142.18 thousand
  • Defined Benefit Plan: Gratuity obligation of ₹572.23 thousand (unfunded)
  • Total employees on rolls: 11
  • No employees received remuneration in excess of limits specified under Companies Act, 2013

Legal Proceedings

No significant or material orders were passed by the Regulators or Courts or Tribunals which impact the going concern status and Company's operations in future.

Going Concern

The financial statements have been prepared on a going concern basis as management believes the Company will continue operations for the foreseeable future, despite the loss incurred during the year.