Key Financial Figures

Income Statement (Amount in ₹ lakhs)

  • Total Income: ₹72.73 (FY26) vs ₹393.82 (FY25)
  • Total Expenditure: ₹51.02 (FY26) vs ₹358.24 (FY25)
  • Profit Before Taxation: ₹21.70 (FY26) vs ₹35.57 (FY25)
  • Provision for Tax: ₹4.33 (FY26) vs ₹0 (FY25)
  • Profit After Taxation: ₹17.37 (FY26) vs ₹35.57 (FY25)
  • Earnings Per Share (Basic and Diluted): ₹0.01 (FY26) vs ₹0.02 (FY25)

Balance Sheet (Amount in ₹ lakhs)

  • Total Assets: ₹4,034.04 (FY26) vs ₹4,271.30 (FY25)
  • Investments: ₹2,700.60 (FY26) vs ₹1,777.55 (FY25)
  • Loans Given: ₹1,323.79 (FY26) vs ₹0 (FY25)
  • Cash & Cash Equivalents: ₹1.51 (FY26) vs ₹2.39 (FY25)
  • Equity Share Capital: ₹2,272.00 (unchanged)
  • Other Equity: ₹1,757.46 (FY26) vs ₹1,740.09 (FY25)
  • Retained Earnings: (₹434.54) (FY26) vs (₹451.91) (FY25)

Other Financial Details

  • Dividend: No dividend recommended for FY26
  • Reserves: No amount transferred to reserves
  • Auditor Fees: ₹0.25 lakh for audit services

Corporate Actions and AGM Details

  • 42nd Annual General Meeting to be held on Friday, 25th September 2026 at 04:00 P.M. at registered office
  • Business to be transacted:

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

2. Re-appointment of Mr. Milan Khatri (DIN: 010318817) who retires by rotation

  • Book Closure: 18th September 2026 to 25th September 2026 (both days inclusive)
  • E-voting period: 22nd September 2026 (9:00 AM) to 24th September 2026 (5:00 PM)
  • Cut-off date for voting rights: 18th September 2026

Capital Structure

  • Authorized Share Capital: ₹26.00 crore (26,00,00,000 equity shares of ₹1 each)
  • Issued, Subscribed and Paid-up Capital: ₹22.72 crore (22,72,00,000 equity shares of ₹1 each)
  • No change in share capital during the year

Operational Highlights

  • Current Business Status: Company not engaged in any operational activities, management seeking business opportunities
  • Working Capital: Scarcity of working capital funds preventing business operations
  • Cost Reduction: Several cost cutting measures implemented

Investments and Loans

  • Total Investments Outstanding: ₹27.01 crore
  • Quoted equity shares: ₹14.48 crore
  • Unquoted equity shares: ₹1.50 crore
  • Investment in partnership firm: ₹11.03 crore
  • Total Loans Outstanding: ₹13.24 crore (unsecured, considered good)

Corporate Governance

Board Composition

  • Mr. Gauragkumar Vinodray Vaishnav - Independent Director
  • Mr. Narendrakumar Vaniya - Independent Director
  • Mr. Milanbhai Rameshbhai Khatri - Whole Time Director and CFO
  • Ms. Kajal Milan Khatri - Director

Board Meetings

  • 4 meetings held during FY26 on 20.05.2025, 28.07.2025, 06.11.2025, and 29.01.2026
  • All directors attended all meetings

Committees

  • Audit Committee: Mr. Narendrakumar Vaniya, Mr. Gauragkumar Vaishnav, Ms. Kajal Milan Khatri
  • Nomination and Remuneration Committee: Mr. Narendrakumar Vaniya, Mr. Gauragkumar Vaishnav, Ms. Kajal Milan Khatri
  • Stakeholders' Relationship Committee: Mr. Narendrakumar Vaniya, Mr. Gauragkumar Vaishnav, Ms. Kajal Milan Khatri

Regulatory Compliance Issues

Secretarial Audit Qualifications

1. Non-compliance with certain SEBI LODR regulations regarding publication of Board Meeting notices, AGM notices, and quarterly results

2. Non-appointment of Internal Auditor as required under Section 138 of Companies Act, 2013

3. Certain event-based e-forms not filed with ROC in time during audit period

Board Explanations

1. Company will take necessary steps to comply with SEBI LODR regulations

2. Company size is very small, not viable to appoint Internal Auditor, but internal control system established

3. Company will ensure timely filing of relevant documents with ROC

Auditor Reports

Statutory Auditors (M/s. Bipin & Co.)

  • Unmodified opinion on financial statements
  • No key audit matters identified
  • No fraud reported
  • Internal financial controls adequate and operating effectively

Secretarial Auditors (M/s. Daksha Negi & Associates)

  • Qualified opinion with three specific qualifications as noted above

Other Disclosures

  • Subsidiaries/JVs/Associates: None
  • Deposits: No deposits accepted under Section 73 of Companies Act, 2013
  • Related Party Transactions: All transactions on arm's length basis, no material conflicts
  • Material Changes: No material changes affecting financial position post year-end
  • Regulatory Orders: No significant orders impacting going concern status
  • CSR Initiatives: Not applicable under Section 135
  • Employee Details: No employees coming under purview of Section 197(12)
  • Foreign Exchange: No foreign exchange earnings or outgo
  • Sexual Harassment: No complaints received during FY26

Shareholding Pattern (as on 31.03.2026)

  • Total Shareholders: 48,016
  • Individuals (up to ₹2 lakh): 63.00% (14,31,31,562 shares)
  • Individuals (above ₹2 lakh): 31.66% (7,19,30,585 shares)
  • NRIs: 1.10% (2,49,7274 shares)
  • Bodies Corporate: 2.09% (4,75,6119 shares)
  • HUF: 2.15% (4,87,5863 shares)

Stock Market Data

  • Listing: BSE Limited, Mumbai
  • Scrip ID: SAICOM
  • Price Range (FY26): High ₹0.41 (April 2025), Low ₹0.20 (March 2026)

Registrars and Transfer Agents

M/s Satellite Corporate Services Private Limited, Mumbai