SW Investments Ltd

Dematerialisation status

• Securities for dematerialisation in the quarter were confirmed to depositories and listed on exchanges.
• Certificates received for dematerialisation were mutilated and cancelled after verification; depository's name substituted as registered owner within timelines.

SW Investments Limited — Trading window closed from 1 October 2026 until 48 hours after the declaration of unaudited financial results for the quarter and half year ending 30 September 2026

AGM details

• Held on 18 September 2026 at 5:00 PM IST via VC/OAVM.
• Record date 11 September 2026; total shareholders 340.
• Meeting duration 5:00–5:30 PM; remote e-voting 14–17 September 2026.

Resolutions

• Item 1: Adopt Audited Financial Statements for year ended 31 March 2026.
• Item 2: Re-appoint Lalitha Cheripalli (DIN: 07026989) who retires by rotation.

Voting results

• Item 1 passed: 99.998% in favour, 0.002% against.
• Item 2 passed: 99.998% in favour, 0.002% against.

Dividend

• Dividend: Not proposed or declared.

Director changes

• Re-appointment of Lalitha Cheripalli (DIN: 07026989).

Auditors

• No auditor changes disclosed.

Material related party transactions

• No material RPTs disclosed.

Other material approvals

• No other material approvals disclosed.

AGM Details

• Mode: VC/OAVM; meeting held in the evening.
• Scrutinizer for e-voting appointed: practicing company secretary.
• Voting rights cut-off date as per regulatory requirements.

Resolutions

• Ordinary: Adoption of audited financial statements for year ended.
• Ordinary: Re-appointment of director retiring by rotation.
• Voting results to be communicated to stock exchange and posted on websites.

Target & acquirer

• Target: SW Investments Limited.
• Acquirer: Hal Clyde Denison Limited; PAC: Not Applicable.
• Acquirer not part of promoter/promoter group.
• Listed on: BSE Limited.

Pre-acquisition holding

• Voting rights pre-acquisition: 35,253 shares (4.028%).
• Encumbrances: NIL.
• VRs other than equity: NIL.

Acquisition details

• Acquired voting rights: 19,451 shares (2.161%).
• Mode: Off Market.
• Date of acquisition: 2 September 2026.
• Encumbrances: NIL.

Post-acquisition & capital

• Post-acquisition voting rights: 55,704 shares (6.189%).
• VRs after acquisition: NIL.
• Equity share/voting capital before and after: 900,000 shares.

Financial snapshot

• Revenue from operations: ₹42.79 lakhs in FY2025-26, up from ₹23.03.
• Total income: ₹44.67 lakhs in FY2025-26, up from ₹28.16.
• Profit before tax: ₹31.56 lakhs; up from ₹10.63.
• Profit after tax: ₹23.62 lakhs; up from ₹7.96.
• Basic EPS: ₹2.62 for FY2025-26.
• Net worth: ₹670.59 lakhs as of 31 March 2026.
• Paid-up equity share capital: ₹90.00 lakhs.
• Investments total: ₹780.20 lakhs (equity ₹0.25; other ₹779.95).
• Cash and cash equivalents: ₹22.72 lakhs.

Capital structure & liquidity

• Total assets: ₹839.23 lakhs; total equity ₹829.84 lakhs; total liabilities ₹9.39 lakhs.
• Net debt: ₹0; net debt to equity: 0%.
• Total equity: ₹829.84 lakhs; reserves: ₹739.84 lakhs; retained earnings ₹286.24 lakhs.
• Trade payables: ₹7.04 lakhs.

Investments & assets

• Investments total ₹780.20 lakhs; equity instruments ₹0.25 lakhs; other investments ₹779.95 lakhs.
• Loans to related parties: ₹19.72 lakhs; outstanding at year-end ₹19.72 lakhs.
• Trade receivables: ₹12.85 lakhs; cash/bank balances: ₹22.72 lakhs.

Dividends & shareholder returns

• Dividend for FY2025-26: not recommended by the Board.

Governance & audit

• Statutory auditors: Bagaria & Co. LLP; unqualified opinion.
• Secretarial auditor: Veeraraghavan N.; MR-3 annexed.
• Internal controls: adequate and operating effectively; internal audit by Sandeep V. Chavan & Co.
• Board meetings: 4; Audit Committee: 4; Nomination & Remuneration: 1; Stakeholders: 4.

Related party disclosures

• Related parties: Starteck Finance Limited; Minteck Holdings Private Limited; key management personnel.
• Income: Minteck Holdings ₹7.00 lakhs; Starteck Finance ₹1.88 lakhs.
• Salary to Shaily Dedhia ₹1.20 lakhs; Directors' sitting fees ₹0.35–0.70 lakhs.

Outlook & risks

• FY2026-27 aims to transform from traditional brokerage to technology-driven digital platform.
• Risks: market volatility, regulatory changes, cybersecurity, and interest rate fluctuations.

AGM Details

• AGM scheduled for Friday, 18 September 2026, via Video Conferencing/Other Audio Visual Means.
• 46th AGM for FY ended 31 March 2026.
• Cut-off date for voting entitlement fixed as Friday, 11 September 2026.

Financial results approved

• Board approved unaudited quarterly results for quarter ended 30 June 2026; limited review report attached.
• Results prepared under Ind AS; single-activity company with no reportable segments.
• Total income 13.98 lakhs; PBT 10.61; PAT 7.71 for quarter.
• OCI gain on investment fair valuation: 147.27 lakhs.
• Total comprehensive income for the quarter: 154.98 lakhs; EPS 0.86.

Regulatory / disclosures

• Audit Committee reviewed results; Board approved unaudited results with limited review.
• Auditors BAGARIA & CO. LLP conducted limited review; no misstatement reported.