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

  • Total Income: ₹13,271.21 lakhs (vs ₹823.26 lakhs)
  • Profit Before Tax: ₹10,430.72 lakhs (vs ₹803.39 lakhs)
  • Profit After Tax: ₹8,099.41 lakhs (vs ₹701.39 lakhs)
  • Earnings Per Share: ₹10.54 (vs ₹0.91)
  • No dividend declared for FY 2025-26 to conserve working capital

The significant improvement is attributed to the change in the company's objects during FY 2025-26, enabling commencement of securities trading and general business activities.

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

Annual General Meeting Details

  • 33rd AGM Date: Tuesday, September 22, 2026
  • Time: 02:00 PM (IST)
  • Mode: Video Conference (VC)/Other Audio Visual Means (OAVM)
  • Cut-off date: September 15, 2026 for e-voting eligibility
  • Book Closure: September 16, 2026 to September 22, 2026 (both days inclusive)

AGM Agenda Items

Ordinary Business

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

2. Re-appointment of Mrs. Deepa Kishor Piplikar (DIN: 07941295) as Non-Executive Women Director retiring by rotation

Special Business

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

Director Changes

  • Resignation: Mr. Tirth Tapan Mazumdar (DIN: 07891495) resigned as Non-Executive Independent Director effective October 7, 2025 due to pre-occupation
  • Appointment: Mr. Jiteshkumar N. Agrawal (DIN: 09457707) appointed as Additional Non-Executive Independent Director effective October 7, 2025, approved by members at EGM on January 6, 2026

Key Management Personnel

  • Managing Director & CEO: Nikhilesh Narendrakumar Khandelwal (DIN: 06945684)
  • CFO: Prashant T. Soni (PAN: DYYPS5934J)
  • Company Secretary & Compliance Officer: Neha Jain (PAN: APSPJ7610L)

Auditor Information

  • Statutory Auditors: Sanjay Chindaliya & Co. (Firm Registration No. 114779W), appointed for 5 years from 32nd AGM (2025) to 37th AGM (2030)
  • Previous Auditors: M/s. Rahul S Gupta & Associates resigned on August 14, 2025 due to delay in obtaining peer review certificate
  • Secretarial Auditors: Rupa Gupta (Membership No. F12465), appointed for 5 years from FY 2025-26 to FY 2029-30
  • Internal Auditors: CA Omprakash Agrawal for FY 2025-26; M/s G G RANDAD & CO (FRN 108623W) appointed for FY 2026-27

All auditors issued unqualified reports with no adverse remarks.

Corporate Governance

  • Board Meetings: 8 meetings held during FY 2025-26
  • Board Composition: 4 directors (1 Executive, 3 Non-Executive including 2 Independent)
  • Committees: Audit, Nomination & Remuneration, Stakeholders' Relationship, Risk Management, CSR
  • Whistle Blower Policy: In place, no complaints received during the year
  • POSH Compliance: Internal Complaints Committee constituted, no complaints received

Related Party Transactions

All transactions were at arm's length and in ordinary course of business:

  • Rent paid to Managing Director: ₹12,000
  • Salary to spouse of Director: ₹35,000 for March 2026
  • Total remuneration to KMPs: ₹9.48 lakhs to Company Secretary

Corporate Social Responsibility

  • CSR Obligation: ₹4.33 lakhs
  • CSR Expenditure: ₹4.33 lakhs donated to O. J. Agrawal Charitable Trust for hospital building construction
  • No shortfall in CSR spending

Other Material Information

  • Name Change: Certificate of Incorporation issued by CRC on November 3, 2025 changing name from Rajasthan Gases Limited to Rajasthan Securities Limited
  • Object Clause: Fundamental alteration of main business objects to enable trading in securities and general business
  • Investments: Primary investment in Gujarat Natural Resources Limited (1557890 equity shares)
  • No subsidiaries, associates, or joint ventures
  • No material orders from regulators/courts affecting going concern status
  • Dematerialization: 96.90% shares in demat form as of March 31, 2026

E-voting Arrangements

  • E-voting Period: September 19, 2026 (9:00 AM) to September 21, 2026 (5:00 PM)
  • E-voting Agency: Central Depository Services (India) Limited (CDSL)
  • Process: Detailed instructions provided for both demat and physical shareholders