KBS India Ltd

Dematerialisation status

• Dematerialisation requests for the period were processed and confirmed to the depositories.
• Securities dematerialised have been listed on the stock exchanges where the earlier issues are listed.
• Physical certificates for dematerialisation were mutilated and cancelled after verification; depository name substituted as registered owner.

KBS India Limited: Trading Window closes Oct 01, 2026 until 48 hours after the declaration of Unaudited Financial Results for the Quarter & Half-year ending on September 30, 2026.

AGM Details

• Held on Friday, 18 September 2026 at 04:30 PM IST via VC/OAVM.
• Record date: 11 September 2026.
• AGM concluded at 04:46 PM after 15 minutes for e-voting.

Resolutions

• Item 1 Ordinary: Adopt audited financial statements for year ended 31 March 2026; passed.
• Item 2 Ordinary: Re-appointment of director by rotation; passed.
• Item 3 Special: Create and allot 6% NCD redeemable preference shares on a preferential basis; passed.
• Item 4 Ordinary: Approve limit for related party transactions; passed.

Voting results

• All four resolutions passed with requisite majority.

Director changes

• Director re-appointment: retires by rotation and is re-appointed.

Material approvals

• Special resolution to issue 6% NCD redeemable preference shares approved.

Related party transactions

• RPT limit approved; no counterparty details disclosed.

AGM details

• Date and time: 18 September 2026, 04:30 PM IST.
• Mode: VC/OAVM; no physical attendance.
• Concluded at: 04:46 PM IST.
• Remote e-voting: 15–17 September 2026.

Resolutions

• 01: Adopt Audited Financial Statements for year ended 31 March 2026 (Ordinary).
• 02: Re-appoint Tushar Suresh Shah by rotation (Ordinary).
• 03: Preferential allotment of 2,50,000 6% NCDs to promoter (Special).
• 04: Approve Related Party Transaction (Ordinary).

Director changes

• Director Tushar Suresh Shah to be re-appointed by rotation.

Material related party transactions

• Promoter as counterparty; preferential issue of 2,50,000 6% NCDs; value Rs 2.5 crore.

Book closure and AGM details

• AGM date: 18 September 2026 at 04:30 PM IST via VC.
• Book closure: 12 September 2026 to 18 September 2026, inclusive.
• Purpose: 40th Annual General Meeting.
• Security: shares.

Financial highlights

• Revenue from operations ₹233.94 Lakhs, down from ₹236.74 Lakhs.
• Other income ₹107.77 Lakhs, down from ₹114.27 Lakhs.
• Profit after tax ₹8.76 Lakhs; down from ₹17.66 Lakhs prior year.
• Earnings per share ₹0.01 (basic and diluted).
• No dividend recommended for the year.

Operations & segments

• Two segments: brokerage services and share trading.
• Ind AS 108 notes segment performance is disclosed.
• Operations focus in India with domestic business.
• Risk management and capital allocation highlighted.

Capital structure

• Authorised share capital ₹16 crore; issued ₹10.82 crore; preference ₹1.22 crore.
• Promoter holds 28.56% of equity shares.
• Proposed preferential issue of 2,50,000 6% Redeemable Preference Shares at ₹100 each.

Material developments

• Special resolution to issue preference shares; 6% dividend; redeemable in 10 years.
• Board authorized to finalize terms and related documents.

Related party transactions

• Material related party transactions exist; approvals via ordinary resolutions.
• RPTs include director remuneration, rents, brokerage, and director meeting fees.
• All RPTs are in ordinary course and on arm's length basis.

Governance & risk

• Board comprises four directors: one executive, one non-exec woman, two independents.
• Audit Committee, Nomination & Remuneration Committee, and Stakeholders Relationship Committee.
• Separate independent directors’ meeting held on 09 Feb 2026.

Auditors & compliance

• Statutory auditors: Bhuta Shah & Co. LLP; Emphasis of Matter on gratuity liability not provided.
• Lending to KBS Capital Management Singapore Pte Ltd; RBI write-off permission pending.
• Secretarial audit flagged late payment of listing charges and depository charges; delays unintentional.

AGM & notices

• Fortieth AGM on 18 Sep 2026 via VC/OAVM.
• Notice and Annual Report available on company and BSE/CDSL websites.

Management discussion & outlook

• Outlook positive for Indian economy; emphasis on risk management and internal controls.
• Competition and regulatory changes noted as ongoing risks.

AGM Details

• 40th AGM on 18 September 2025 at 04:30 PM IST via video conferencing.

Issue details

• Purpose: To meet long-term capital and working capital requirements.
• Security: 6% non-convertible redeemable preference shares (NCRPS).
• Issuance type: Preferential allotment.
• Quantity and value: 2,50,000 NCRPS at Rs 100 each, totaling Rs 2.50 crore.
• Issue price: Rs 100 per share.
• Allottee: Mr. Tushar Suresh Shah, promoter.
• Category: Promoter/Promoter Group.
• No. of allottees: 1 promoter.
• Conversion: Non-convertible; no conversion terms.
• Consideration: Cash payment on issue.
• Approvals: Final allotment subject to members' approval.