Key Dates and Events

  • 33rd AGM Date: Tuesday, 22nd September 2026 at 02:00 PM IST
  • Meeting Mode: Video Conferencing (VC)/Other Audio Visual Means (OAVM) as per MCA and SEBI circulars
  • Book Closure Period: Wednesday, 16th September 2026 to Tuesday, 22nd September 2026 (both days inclusive)
  • Remote E-voting Period: Saturday, 19th September 2026 (9:00 AM IST) to Monday, 21st September 2026 (5:00 PM IST)
  • Cut-off Date for Eligibility: Tuesday, 15th September 2026

Business to be Transacted at AGM

Ordinary Business

1. To receive, consider and adopt the audited standalone financial statements for the financial year ended 31st March 2026 together with reports of Board of Directors and Auditors

2. To re-appoint Mrs. Deepa Kishor Piplikar (DIN: 07941295) who retires by rotation

Special Business

3. Appointment of Mr. Ravindra Ramesh Maloo (DIN: 09417562) as a Non-Executive Non-Independent Director

Financial Performance Highlights (FY 2025-26)

  • Income from Operations: ₹6,121.25 lakhs (Previous year: ₹0.00 lakhs)
  • Other Income: ₹7,149.96 lakhs (Previous year: ₹823.26 lakhs)
  • Total Income: ₹13,271.21 lakhs (Previous year: ₹823.26 lakhs)
  • Profit Before Tax: ₹10,430.72 lakhs (Previous year: ₹803.39 lakhs)
  • Profit After Tax: ₹8,099.41 lakhs (Previous year: ₹701.39 lakhs)
  • Earnings Per Share: ₹10.54 (Previous year: ₹0.91)
  • Carried to Balance Sheet: ₹8,099.41 lakhs

The significant improvement in financial performance is attributed to the change in the company's objects during FY 2025-26, enabling commencement of activities in line with revised objects focusing on securities trading and general trading.

Share Capital Structure

  • Authorized Share Capital: ₹60,00,00,000 divided into 20,00,00,000 equity shares of ₹3 each
  • Paid-up Share Capital: ₹23,06,21,400 divided into 7,68,73,800 equity shares of ₹3 each
  • No change in share capital during the year under review

Corporate Governance and Board Composition

Board of Directors as on 31st March 2026:

  • Nikhilesh N. Khandelwal - Managing Director (DIN: 06945684)
  • Deepa Kishor Piplikar - Non-executive Women Director (DIN: 07941295)
  • Arpit Ashok Khemani - Non-executive Independent Director (DIN: 07891404)
  • Jiteshkumar N. Agrawal - Non-executive Independent Director (DIN: 09457707) [Appointed 7th October 2025]

Key Managerial Personnel:

  • Prashant T. Soni - Chief Financial Officer (PAN: DYYPS5934J)
  • Neha Jain - Company Secretary and Compliance Officer

Changes in Directorship:

  • Mr. Tirth Tapan Mazumdar (DIN: 07891495) resigned as Non-Executive Independent Director effective 7th October 2025 due to pre-occupation and personal commitments

Statutory Appointments

  • Statutory Auditors: M/s. Sanjay Chindaliya & Co. (Firm Registration No. 114779W) appointed for 5 years from 32nd AGM (2025) to 37th AGM (2030)
  • Secretarial Auditor: M/s. Rupa Gupta (Membership No. F12465) appointed for 5 years from FY 2025-26 to 2029-30
  • Internal Auditor: M/s G G RANDAD & CO (FRN 108623W) appointed for FY 2026-27

Other Material Information

  • Company Name Change: From "Rajasthan Gases Limited" to "Rajasthan Securities Limited" effective 3rd November 2025
  • Revised Business Objects: Main object clause changed to commence new business activities including trading in all types of goods and providing all types of services
  • CSR Expenditure: ₹4.33 lakh spent on eligible CSR activities (donation to O.J. Agrawal Charitable Trust for hospital building construction)
  • Dividend: No dividend declared for FY 2025-26 to strengthen financial position and augment working capital

Shareholding Pattern (as on 31st March 2026)

  • Bodies Corporate: 15.11% (1,16,15,174 shares)
  • Individuals: 84.42% (6,48,87,899 shares)
  • NRI: 0.47% (3,64,754 shares)
  • Others: 0.007% (5,873 shares)

Dematerialization Status

  • 96.90% of shares (7,44,92,499 shares) in dematerialized form
  • 3.10% of shares (23,81,301 shares) in physical form

Important Notes

  • The company has no subsidiaries, associates, or joint ventures
  • No material orders passed by regulators or courts impacting going concern status
  • All properties are adequately insured
  • No deposits accepted within meaning of Section 73 of Companies Act, 2013
  • Adequate internal financial controls systems are in place and operating effectively