Shikhar Leasing FY26 Net Loss of ₹10.24 Lakhs

Revenue from Operations: ₹93.97 lakhs (FY26) vs ₹80.35 lakhs (FY25)
Interest Income: ₹68.82 lakhs (FY26) vs ₹52.92 lakhs (FY25)
Rental Income: ₹25.15 lakhs (FY26) vs ₹27.43 lakhs (FY25)
Total Income: ₹94.09 lakhs (FY26) vs ₹103.03 lakhs (FY25)
Employee Benefits Expense: ₹81.80 lakhs (FY26) vs ₹39.75 lakhs (FY25)
Net Profit/(Loss): Loss of ₹10.24 lakhs (FY26) vs Profit of ₹13.93 lakhs (FY25)
Current Tax Expense: ₹3.86 lakhs (FY26) vs ₹4.57 lakhs (FY25)
Deferred Tax: (₹9.61) lakhs (FY26) vs ₹1.87 lakhs (FY25)
Share Capital: ₹127.73 lakhs (unchanged)
Loans Outstanding: ₹699.60 lakhs (FY26) vs ₹633.62 lakhs (FY25)
Dematerialized Shares: 88.93% of share capital as of March 31, 2026

AGM Date: Thursday, 30th July, 2026 at 02:00 PM
Remote E-voting Period: Monday, 27th July, 2026 (09:00 AM) to Wednesday, 29th July, 2026 (05:00 PM)
Record Date: Thursday, 23rd July, 2026
Book Closure: Friday, 24th July, 2026 to Thursday, 30th July, 2026 (both days inclusive)
Financial Year: April 1, 2025 to March 31, 2026

Statutory Auditors: M/s. A D V & Associates (Firm Registration No: 128045W), appointed until 43rd AGM in 2027
Secretarial Auditors: M/s. D. Kothari and Associates
RTA: Purva Sharegistry (India) Private Limited
Bankers: Bank of India
Scrutinizer for E-voting: Mrs. Dhanraj Kothari of M/s. D. Kothari and Associates

Mrs. Heena Sanjay Desai (CFO)
Ms. Vidhi Deep Shah (Company Secretary & Compliance Officer, appointed w.e.f. 7th August, 2025)
Ms. Jai Vaidya (Resigned as Company Secretary w.e.f. 10th July, 2025)

1. Adoption of audited financial statements for FY 2025-26

2. Re-appointment of Mr. Vipul Popatlal Chheda as Director retiring by rotation

No dividend recommended due to losses
No amount transferred to reserves
No material changes affecting company between year-end and report date
No deposits accepted from public under Section 73 of Companies Act, 2013
Company does not meet thresholds for CSR compliance under Section 135
Adequate internal financial controls in place with no material weaknesses observed
No instances of fraud requiring reporting under Section 143(12) of Companies Act, 2013
No sexual harassment cases reported under Sexual Harassment of Women at Workplace Act, 2013

No change in share capital during the year
88.93% of share capital dematerialized as on March 31, 2026
Promoter shareholding not fully dematerialized (non-compliant with SEBI Regulation 31(2))

Net cash outflow from operating activities: ₹(71.62) lakhs (FY26) vs ₹(200.73) lakhs (FY25)
Net cash inflow from investing activities: ₹25.15 lakhs (FY26) vs ₹223.64 lakhs (FY25)
Net cash inflow from financing activities: ₹40.76 lakhs (FY26) vs ₹(116.26) lakhs (FY25)

Leave and license arrangements with Barindra Overseas Private Limited and Thirdwave Constructions Private Limited for office premises at Krishna Chambers, Mumbai
Monthly rent: ₹10,000 per month or mutually agreed terms
Duration: 33 months from June 1, 2026 to February 28, 2029
Board approval date: May 29, 2026
No advances paid for these arrangements

Statutory Auditors: Unmodified audit opinion with no qualifications, reservations, or adverse remarks
Secretarial Auditors: Reported non-compliance with SEBI Regulation 31(2) regarding dematerialization of promoter shareholding
Management response: Most promoter shareholders have dematerialized, pending ones will be completed shortly

Company registered with RBI as Non-Banking Finance Company (Registration No. 13.00558) classified as Loan Company
Market capitalization and P/E ratio not ascertainable as shares are not ordinarily traded on BSE
No significant material orders passed by regulators or courts impacting going concern status
No applications made or proceedings pending under Insolvency and Bankruptcy Code, 2016