Aryaman Financial Services Ltd

Book closure period

• Book closure from 04 Sep 2026 to 10 Sep 2026 (inclusive) for AGM.

Event details

• 32nd AGM to be held on 11 Sep 2026 via VC/OAVM.

Financial highlights

• Standalone total income 1,751.34 lakh; PAT 689.55 lakh.
• Consolidated total income 8,440.58 lakh; PAT 3,813.58 lakh.
• Earnings per share: standalone ₹5.63; consolidated ₹31.14.
• No dividend declared for FY2025-26.

Business model & structure

• Group operates in merchant banking, ECM, asset management, and advisory.
• Subsidiaries: Aryaman Capital Markets Ltd, Escorp Asset Management Ltd, Aryaman Finance (India) Ltd.
• Consolidated gains on investments: ₹5,980.41 lakh.
• MD&A outlines performance and outlook across group entities.

Capital structure & liquidity

• Authorized share capital ₹14 crore; paid-up ₹12.247 crore.
• Promoter Mahshri Enterprises holds 62.45%.
• Consolidated borrowings nil as of 31 Mar 2026; standalone loans ₹1,344.74 lakh.
• Consolidated cash and cash equivalents ₹8,070 lakh; standalone ₹2,427.39 lakh.

Governance & risk

• Independent directors on board; multiple governance committees.
• Material related-party transactions require shareholder approval.
• Audit reports are unqualified; internal controls adequate.
• RBI NBFC license for AFIL; SEBI NOC for Mauritius asset-management subsidiary.

Dividends & AGM

• AGM scheduled for 11 September 2026 via VC/OAVM.
• Notice and annual report uploaded on afsl.co.in.
• Proxy attendance not available due to VC/OAVM.

CSR & ESG

• CSR spend ₹11.00 lakh; average net profit ₹527.93 lakh.
• CSR excess ₹0.55 lakh; funded Matoshri Jayaben Shah Charitable Trust.
• CSR policy disclosed on company site.

Auditors & disclosures

• Statutory auditors: V. N. Purohit & Co.; term to 2027.
• Secretarial auditor: JNG & Co. LLP; five-year term.
• CFO certificate under Regulation 17(8) attached.

Management commentary & outlook

• MD&A Annexure V discusses performance and outlook.
• Group includes three subsidiaries; NBFC arm expanded in 2025.
• Industry outlook: IPO market resilient; regulatory landscape evolving.

AGM Details

• AGM on Friday, 11 September 2026 at 11:30 A.M. via VC/OAVM.
• Deemed venue: Registered Office of the company.
• Register of Members and Share Transfer Books closed 4–10 September 2026.
• Voting cut-off date for members: 4 September 2026.

Key Resolutions

• Ordinary: Adopt Audited Standalone and Consolidated Financial Statements for the year ended 31 March 2026.
• Ordinary: Re-appoint Shripal Shah, who retires by rotation.
• Ordinary: Approve material related party transactions with specified parties.
• Max per-type limit for such contracts is Rs 50 Crores.
• Board authorized to execute agreements, documents, and filings; powers may be delegated.

Voting Status

• Voting results will be declared after the Scrutinizer's report.
• Results will be posted on company and NSDL websites.

RPT Summary

• Material RPTs with holding and subsidiaries; loans and inter-corporate deposits; cap Rs 50 Crores per type.
• Counterparties include Mahshri Enterprises Private Limited; Aryaman Finance(India) Limited; Escorp Asset Management Limited.
• RPTs effective from FY 2025-26 onward; to be executed in one or more tranches.

Director Changes

• Shripal Shah to be re-appointed as director, retiring by rotation.

Other Material Approvals

• RPT approvals under the Companies Act and SEBI Regulations are included.

Meeting Details

• Meeting date: August 14, 2026; time not disclosed.
• Location: Corporate Office, 60 Khatau Building, Ground Floor, Fort, Mumbai 400001.

Key Agenda Items

• Consider and approve unaudited financial results for quarter ended June 30, 2026.

Other Notes

• Trading window closed; opens 48 hours after results are declared.

Dematerialisation status

• Dematerialisation requests for the quarter were confirmed to depositories by the Registrar and Transfer Agent.
• Securities dematerialised have been listed on the exchanges where earlier issues are listed.
• Physical certificates for dematerialisation were mutilated and cancelled; depository name substituted as owner within 15 days.

Rights issue to parent

• WOS Aryaman Finance (India) Limited allotted shares to Aryaman Financial Services Limited via rights on June 25, 2026.
• Rights issue included Rs 144 per share, comprising Rs 10 face value and Rs 134 premium.
• Second allotment: 272,220 shares at Rs 144 each on July 3, 2026.
• Total cash consideration for both allotments: Rs 40,199,760.
• The Company holds 99% of Aryaman Finance (India) Limited.
• Related party transaction; Audit Committee approved; transaction at arm's length.
• Authorized capital of WOS is Rs 12 crore.
• Purpose is to expand business operations and growth.
• No regulatory approvals required for the rights issue.