Sikozy Realtors Ltd

Status of dematerialisation/rematerialisation

• No dematerialisation/rematerialisation requests were received during the period.
• Securities dematerialised have been listed on the stock exchange where earlier issues are listed.
• Physical certificates for dematerialisation were mutilated and cancelled after verification; depository name substituted as registered owner.
• The processing status of received dematerialisation requests was confirmed to the depositories (accepted/rejected).

AGM Details

• Date and time: 30 September 2026 at 4:00 p.m.
• Mode: Physical AGM with remote e-voting facility.
• Venue: B-3, Trishul Apartment, Mudre-Khurd, Karjat, Raigad, 410201.
• Duration: 4:00 p.m. to 4:25 p.m.
• Voting: e-voting and poll; results to be announced.
• Scrutinizer: Umashankar Hegde appointed to supervise e-voting.
• Results to exchanges and company's website in due course.

Resolutions

• Adoption of audited financial statements and reports: Ordinary resolution; outcome not disclosed.
• Re-appointment of Jigar Desai: Ordinary resolution; outcome not disclosed.
• Fixing overall borrowing limits: Ordinary resolution; outcome not disclosed.

SIKOZY REALTORS LIMITED — Closure of Trading Window from 1 October 2026; remains closed till the end of 48 hours after the declaration of Un-Audited Financial Results for the Quarter & Half Year ended 30 September 2026

Financial snapshot

• Revenue from operations: Rs 14.00 lakh in FY2025-26.
• Net loss after tax: Rs -36.43 lakh.
• Profit before tax: Rs -23.92 lakh.
• Accumulated losses: Rs 657.33 lakh.
• Paid-up equity capital: Rs 445.83 lakh.
• Shareholders’ equity: Rs -30.88 lakh.
• Earnings per share: Rs -0.08.
• Cash flow from operations: Rs -20.76 lakh.

Capital restructuring

• NCLT sanctioned capital reduction on 18 June 2026.
• Capital reduced from Rs 445.83 lakh to Rs 44.58 lakh.
• Cancellation of 4,01,24,700 equity shares.
• Amount Rs 401.25 lakh adjusted against accumulated losses.
• Record date fixed at 22 July 2026.
• New leaner balance sheet expected to improve position.
• Shareholding percentages remain unchanged after reduction.
• Fractional entitlements consolidated; net proceeds distributed.

Going concern & audit flags

• Statutory auditor notes material uncertainty related to going concern.
• Independent auditor also highlights going-concern risk.
• Management evaluating new business lines and capital infusion.
• Secretarial audit flagged non-compliances; remedial actions noted.
• Internal controls deemed adequate and operating.

Governance & board changes

• Sonali Dighe ceased as Non-Executive Independent Director on 16 June 2026.
• Rishabh Gupta appointed Managing Director.
• Jigar Desai continues as Director.
• Six board meetings held during the year.
• Independent Directors met on 12 February 2026.

Related party transactions

• Sale of unit to Mr. Jigar Desai for Rs 14.00 lakh.
• Transaction conducted in ordinary course and at arm's length.
• Audit Committee reviewed and approved related party transaction.

Operations & business context

• No new projects in year; sale of unit after Karjat project.
• Single operating segment: real estate development.
• Management exploring new business lines and land acquisitions.
• Real estate sector faces cyclical risks; opportunities remain.

Shareholding & liquidity

• Demat shares constitute 60.44%; physical shares 39.56%.
• Total shares outstanding: 4,45,83,000.
• Promoter holding: Kamlesh Desai 0.27% (1,21,000 shares).
• Registrar: Big Share Services Pvt Ltd.
• Cash and cash equivalents: Rs 1.49 lakh.
• Borrowings current: Rs 51.44 lakh; gearing ratio 244.81%.

Financial results approved

• Audited standalone financial statements for the year ended 31 March 2026 approved.

Borrowing limits

• Borrowing up to INR 5 crore approved; MD, CFO and Company Secretary authorized to act.

Capital reduction and NCLT sanction

• NCLT sanctioned capital reduction on 18 June 2026; record date 22 July 2026.

Share capital restructuring

• Paid-up capital reduced from 4,45,83,000 to 44,58,300 shares; 4,01,24,700 cancelled.

Governance updates

• Mr. Jigar Desai reappointed as Director by rotation.
• Mr. Prashant Zade ceased as Executive Director and CEO w.e.f 29 Nov 2025.
• Ms. Sonali Dighe ceased as Non-Executive Independent Director w.e.f 16 Jun 2026.
• Compliance Officer appointed under SEBI PIT Regulations; Company Secretary designated.

Related party & going concern

• Sale of Trishul unit to Mr. Jigar Desai for INR 14 lakh; approved; Desai abstained.
• Material Uncertainty related to going concern noted; potential infusion post-NCLT capital reduction.
• No dividend declared for FY2025-26.

AGM details

• 34th AGM scheduled for 30 September 2026 at 4:00 PM.

Meeting Details

• Date: 03/09/2026; venue: registered office.

Key Agenda Items

• Consider and approve the 34th Annual Report for FY 2025-26.

Other Notes

• Meeting to discuss any other matters with permission of the Chairman.

Q1 FY2026 results

• Board approved unaudited standalone financial results for the quarter ended 30 June 2026.
• Limited Review Report by BK G & Associates attached; no material misstatement detected.
• Audit Committee reviewed the results and Board approved them at the 13 August 2026 meeting.
• Results will be hosted on the company's website.

Meeting Details

• Date: 13 August 2026; time and venue: at the registered office.

Key Agenda Items

• Approve unaudited financial statements for the quarter ended 30 June 2026.

Other Notes

• Trading window closure for designated employees from 08 Aug 2026 until 48 hours after meeting conclusion.

Meeting Details

• Date: 31 July 2026; Time: Not disclosed; Location: Registered office, Mumbai.

Key Agenda Items

• Allotment of 44,58,300 equity shares of Re.1 each.
• Cancellation of Rs. 4,01,24,700; 1-for-10 ratio.
• Record Date: 22 July 2026.
• Per NCLT order dated 18 June 2026.
• Authorization to Directors/CS and officials to complete filings with BSE/NSDL/CDSL/RTA/ROC and others.
• Appointment of Ms. Arpita Khandelwal as Compliance Officer under SEBI Insider Trading Regulations, 2015.

Other Notes

• NCLT order dated 18 June 2026 directs share consolidation.