Brilliant Portfolios Ltd

Dematerialisation processing status

• Securities received for dematerialisation were confirmed to depositories within 15 days.
• Mutilated certificates were cancelled after verification and the depository's name substituted as registered owner within 15 days.
• Depository and stock exchanges updated; Register of Members updated within 15 days.
• No exceptions or non-compliance reported in this period.

Brilliant Portfolios Limited — Trading Window Closed from October 01, 2026 till 48 hours of the declaration of unaudited financial results for the quarter and half year ended September 30, 2026.

AGM Details

• AGM held on 27 September 2026 from 11:30 to 11:55 IST via VC/OAVM.
• Remote e-voting window was 24–26 September 2026.
• Cut-off date 20 September 2026; total shareholders on record 1,067.
• Attendees via VC/OAVM: Promoter group 10, Public 38 (total 48).

Resolutions and outcomes

• Resolution 1: Adoption of audited financials, reports; ordinary; passed with requisite majority.
• Resolution 2: Re-appointment of Bhuvnesh Kumar Sharma by rotation; ordinary; passed.
• Resolution 3: Re-appointment of Raghu Nandan Arora by rotation; ordinary; passed; Arora abstained.
• Resolution 4: Increase in managerial remuneration for MD; special; passed; MD abstained.
• Resolution 5: Increase in remuneration for CFO Ashish; ordinary; passed.
• Resolution 6: Re-appointment of Mr. Rameshwar Dayal Sharma as Independent Director; special; passed.

Director changes

• Re-appointed Bhuvnesh Kumar Sharma by rotation.
• Raghu Nandan Arora re-appointed by rotation; abstention noted.
• Rameshwar Dayal Sharma re-appointed as Independent Director.

AGM details

• AGM held on 27 September 2026 at 11:30 IST via VC/OAVM.
• Meeting concluded at 11:55 IST with 48 members attending via VC.
• Remote e-voting ran Sep 24–26, 2026; voting available during AGM.
• Scrutinizer appointed: Kundan Agrawal; Chair: Ravi Jain; Company Secretary: Ashish.

Resolutions

• Ordinary: receive and adopt financial statements for year ended March 31, 2026.
• Ordinary: re-appointment of director retiring by rotation – Bhuvnesh Kumar Sharma.
• Special: re-appointment of director Raghu Nandan Arora.
• Special: approve higher remuneration limit for Managing Director Ravi Jain.
• Ordinary: approve higher remuneration limit for Chief Financial Officer Ashish.
• Special: re-appointment of Independent Director Rameshwar Dayal Sharma.

Voting outcome

• All resolutions passed with requisite majority; no dissent reported.

Dividend

• No dividend proposed or declared at the AGM.

Director changes

• Re-appointment of Bhuvnesh Kumar Sharma (retiring by rotation).
• Re-appointment of Raghu Nandan Arora (retiring by rotation).
• Re-appointment of Independent Director Rameshwar Dayal Sharma.

AGM Details

• AGM on 27 September 2026 at 11:30 AM via VC/OAVM
• Cut-off date for voting: 20 September 2026
• Register of Members closed 21–27 September 2026
• Remote e-voting from 24 to 26 September 2026
• AGM deemed venue: registered office; attendance via VC/OAVM

Key Resolutions

• Adopt audited financial statements and directors' and auditors' reports
• Re-appoint Bhuvnesh Kumar Sharma, retiring by rotation
• Re-appoint Raghu Nandan Arora, retiring by rotation
• Increase MD Ravi Jain's remuneration ceiling to Rs 3.50 lakh/month, effective Oct 1, 2026
• Increase CFO Ashish's remuneration ceiling to Rs 1.00 lakh/month, effective Oct 1, 2026
• Re-appoint Independent Director Rameshwar Dayal Sharma for five years

Director Changes

• Bhuvnesh Kumar Sharma re-appointed as director (retiring by rotation)
• Raghu Nandan Arora re-appointed as director (retiring by rotation)
• Rameshwar Dayal Sharma re-appointed as Independent Director for five-year term

Financial highlights

• Total income FY2025-26: Rs 32,386.01 thousand; PAT Rs 6,404.92 thousand.
• PBT: Rs 8,368.21 thousand; current tax Rs 2,243.89 thousand; deferred (280.60).
• Interest income Rs 32,275.56 thousand; finance costs Rs 16,697.31 thousand.
• Net worth Rs 993.42 Lakhs; Statutory Reserve Rs 153.89 Lakhs.
• Dividend: no dividend declared for the year.
• EPS Basic and Diluted: Rs 2.06.

Capital and dividends

• Paid-up equity share capital: Rs 310.18 Lakhs.
• Authorized capital not increased; no buy-backs or differential rights.
• Dividend not proposed for FY2025-26.

Operations and segment

• NBFC-ICC registration; non-deposit NBFC.
• Single segment: financing and investments; all in India.
• Loans: Rs 3,19,160 thousand; other financial assets Rs 3,481.07 thousand.

Governance and board

• MD Ravi Jain reappointed; CFO Ashish reappointed.
• Board: five directors; one woman; two independent.
• Statutory Auditor: VP Jain & Associates; Secretarial Auditor: Om Prakash Agrahari.
• Internal audit: Mr. Nitin Agrawal; no material adverse observations.

Risk, compliance and controls

• RPTs on arm's length; no significant related-party concerns.
• Whistle-blower mechanism: no complaints received.
• Internal control framework robust; going concern confirmed.

AGM and upcoming resolutions

• 32nd AGM on 27 Sep 2026 via VC/OAVM.
• Special resolution: MD remuneration ceiling up to Rs 3.5 Lakh/month.
• Ordinary resolution: CFO remuneration ceiling up to Rs 1 Lakh/month.
• Rameshwar Dayal Sharma re-appointment as Independent Director.

Audits and financial statements

• Auditors’ report: unmodified; notes as annexures.
• Secretarial audit: no adverse remarks; peer review.
• Internal financial controls: adequate and effective.

Acquisition details

• Target Company: Brilliant Portfolios Limited (539434).
• Disclosing Party: Akshat Jain (Acquirer, Promoter); Avni Jain (Acquirer, Promoter); PAC Ravi Jain R.N. Arora (Promoter group).
• Transaction Type: Acquisition of voting rights via equity shares, off-market.
• Pre-Transaction Holding: Akshat Jain 73,600 shares (2.37%); Avni Jain 73,600 shares (2.37%); PACs 1,464,840 shares (47.23%).
• Total pre-transaction: 1,612,040 shares, 51.97% (including encumbrances of 1,464,840 shares).
• Shares carrying voting rights acquired: 151,600 (4.88%), off-market.
• Post-Transaction Holding: Akshat 131,400 shares (4.23%); Avni 167,400 shares (5.39%).
• Total post-transaction voting rights: 1,763,640 shares (56.85%).
• Date of Transaction: 25/08/2026.
• Equity share capital: 31,01,800 shares before and after; total diluted capital: Not disclosed.

Regulatory disclosures

• Disclosures under Reg 29(2) SEBI SAST and Reg 7(2) Insider Trading by Akshat and Avni Jain.
• Filed with Bombay Stock Exchange on 26 August 2026.
• Disclosures pertain to holdings by the named individuals.
• No financial amounts or acquisition dates disclosed in this excerpt.