Sri Amarnath Finance Ltd

Dematerialisation/Rematerialisation status

• No dematerialisation requests were received during the reporting period.

Sri Amarnath Finance Ltd: Trading Window Closure

AGM Details

• AGM held on 25 September 2026 at 10:30 AM IST in person in New Delhi.
• Record date for voting rights: 18 September 2026; 1,039 shareholders on record.
• Last date for postal ballot receipt: 25 September 2026; meeting duration 10:30–12:30.
• Agenda included adoption of financial statements, director appointment, audits.

Key Resolutions

• Resolution 1: Adopt financial statements and related reports (Ordinary).
• Resolution 2: Re-appoint director (Non-Executive, Non-Independent) retiring by rotation.
• Resolution 3: Re-appoint statutory auditors for five-year term.
• Resolution 4: Appoint secretarial auditor and fix remuneration.

Voting Results

• Resolution 1 passed; 5,661,954 votes polled, 100% in favour.
• Resolution 2 passed; 5,661,954 votes polled, 100% in favour.
• Resolution 3 passed; 5,661,954 votes polled, 100% in favour.
• Resolution 4 passed; 5,661,954 votes polled, 100% in favour.

Dividend

• Dividend: No dividend declared or proposed.

Director Changes

• Re-appointment of Manish Kapoor for another term.

Auditor Appointments

• Statutory auditors re-appointed for second five-year term.
• Secretarial Auditor appointed: Mayuri Sinha & Co.; remuneration fixed.

Related Party Transactions

• No material related party transactions approved.

Other Approvals

• Remuneration for Secretarial Auditor fixed.

AGM Details

• 41st AGM held on 25 September 2026 from 10:30 to 12:30 IST at Delhi venue.

Proceedings

• AGM commenced at 10:30 IST and concluded at 12:30 IST.
• Mr. Rajesh Sabharwal, Director, chaired the AGM proceedings.

Financial snapshot

• Revenue from operations: ₹5.939 crore, up 6.46% YoY.
• PBT ₹4.005 crore; PAT ₹2.958 crore; YoY declines.
• PBT down 3.26% YoY; PAT down 4.22% YoY.
• EPS ₹2.96; no dividend declared.
• Transfer to RBI reserve ₹5.915 lakh.

Balance sheet & liquidity

• Total assets ₹80.93 crore; total equity ₹78.99 crore.
• Cash & bank balance year-end ₹3.95 crore.
• Borrowings ₹5.0 crore; liquidity adequate.
• Dematerialised shares 67.99%.

Capital structure & risks

• Tier I CRAR 190.94%; Total CRAR 193.46%.
• Shareholding: Promoters 45.85%; Public 25.64%; Bodies Corporate 28.51%.
• Borrowings ₹5.0 crore; all fixed-rate debt.
• Equity shares 9.98 crore in demat form percentage 67.99%.

Governance & controls

• Board of 5 directors; 2 independent directors.
• Statutory Auditor: Rajender Kumar Singal & Associates LLP.
• Secretarial Auditor: Mayuri Sinha & Co.
• No audit qualifications; internal controls adequate.
• Independent Directors have provided independence declarations.

Related party transactions

• BRK Infotech loan ₹2.133 crore; interest ₹0.213 crore.
• BRK Overseas loan ₹5.0 crore; interest ₹0.743 crore.
• Gangajal Apparels LLP loan ₹1.498 crore; interest ₹0.033 crore.
• MD remuneration ₹4.8 lakh; director sitting fees as disclosed.

Regulatory & risk disclosures

• NBFC RBI registration; reserve transfer under RBI Act 45(IC).
• Conservative provisioning policy; above RBI norms.
• No material litigation; going concern status intact.

Shareholder information & AGM

• 41st AGM on 25 Sep 2026; e-voting 22-24 Sep 2026.
• ISIN INE985Q01010; demat 67.99%; RTA Bigshare.
• Annual report available on company website; no hard copy at AGM.
• Dividend: none declared for 2025-26.

Filing context

• Issuer Sri Amarnath Finance Ltd (538863) filed an AGM/EGM notice.

Secretarial Auditor Change

• Resignation of secretarial auditor Sumit Bajaj & Associates with immediate effect.
• Secretarial auditor: Sumit Bajaj & Associates, Practising Company Secretaries.
• Effective date of resignation: 27 August 2026.
• Reason: pre-occupation with other personal and professional commitments.
• Next incumbent not appointed yet; company to appoint the next secretarial auditor.
• Resignation confirmation: no other material reasons beyond the stated resignation.
• Profile: Practising Company Secretaries; FRN S2019DE677200.

Secretarial Auditor vacancy and appointment

• Secretarial Auditor appointed: Mayuri Sinha & Co. to fill casual vacancy due to Sumit Bajaj & Associates' resignation.
• Term: five years from AGM conclusion to 2031.
• Subject to shareholders' approval.
• Firm profile: Mayuri Sinha & Co. provides secretarial advisory and governance services.

Scrutinizer appointment

• M/s Mayuri Sinha & Co. appointed as Scrutinizer for remote e-voting at the ensuing AGM.

Auditor re-appointment

• Board recommends re-appointment of M/s. Rajender Kumar Singal & Associates LLP as statutory auditors.
• Term: five years from 41st AGM in 2026 to 46th AGM in 2031; subject to shareholders' approval.
• Annexure-A contains details per SEBI Master Circular.

Unaudited financial results

• Quarter ended 30 June 2026: income from operations 133.88 lakhs.
• Quarter ended 30 June 2026: net profit after tax 58.17 lakhs.
• Quarter ended 30 June 2026: total comprehensive income 55.17 lakhs.
• Year ended 31 March 2026: revenue 593.90 lakhs; net profit after tax 295.79.
• Capital and net worth: paid-up capital 99.80; net worth 7,899.63.
• Audit Committee reviewed; Limited Review Report unmodified.