Asia Capital Ltd

Asia Capital Limited: Trading Window closed from October 01, 2026 until 48 hours after the declaration of Financial Results for the Quarter and Half Year ended September 30, 2026

AGM details

• AGM held on 19 Sep 2026 at 9:00 AM via physical attendance at the registered office.

Resolutions and outcomes

• Adoption of audited financial statements passed, ordinary resolution, with near-unanimous support.
• Re-appointment of director retiring by rotation passed as ordinary resolution.
• Borrowings: board to borrow up to a specified cap; special resolution passed.
• Appointment of secretarial auditor for five years approved; ordinary resolution passed.

Dividend

• No dividend was proposed or declared.

Director changes

• Director re-appointed; liable to retire by rotation per Companies Act.

Auditor appointments

• Secretarial auditor appointed for five-year term; remuneration to be mutually agreed.

Material related party transactions

• No material related-party transactions disclosed.

Other material approvals

• Other material approvals: no ESOPs or mergers indicated.

Secretarial Auditor Appointment

• Appointment of Anand Khandelia, Practicing Company Secretary, as Secretarial Auditor for five-year term.
• Term from conclusion of the 42nd AGM to the conclusion of the 47th AGM.
• Approved by shareholders at the 42nd AGM held on 19 September 2026.
• Firm is a well-established Practicing Company Secretary firm led by Anand Khandelia.
• Relationship with directors: Not Applicable.
• Circular disclosures: Not Applicable.

AGM Details

• Date and time: September 19, 2026, 9:00 AM IST; concluded 10:00 AM IST.
• Mode: physical AGM at Mumbai with remote e-voting facility.
• Venue: 203, Aziz Avenue, CTS-1381, Vallabhbhai Patel Road, Vile Parle (W), Mumbai.
• Quorum: 16 members attended; 2 proxies participated.
• Notice and annual report circulated; remote e-voting Sep 16–18, 2026.
• Scrutinizer appointed; proceedings conducted by Group Company Secretary.

Resolutions

• Adoption of the audited financial statements — ordinary resolution.
• Appointment of Mr. Devendrasingh Ramola by rotation — ordinary resolution.
• Borrowings — special resolution.
• Secretarial Auditor appointment — ordinary resolution.

Voting Results

• Adoption of financial statements — results pending; to be announced within 2 working days.
• Appointment of director by rotation — results pending; to be announced within 2 working days.
• Borrowings — results pending; to be announced within 2 working days.
• Secretarial Auditor appointment — results pending; to be announced within 2 working days.

AGM notice and annual report access

• Annual Report 2025-26 and AGM notice dispatched electronically to shareholders with registered emails.
• Web links to access the Annual Report are provided on the company site, BSE and NSDL.

Unregistered email shareholders notice

• Dispatched letter provides web link to access Annual Report for unregistered email shareholders.

KYC and demat updates

• KYC updates (PAN, email, mobile) with DP advised for registered shareholders.
• Shareholders urged to update demat account details to ensure communications.

Financial snapshot

• Total income FY2026: ₹4.37 million; down from ₹5.83m FY2025.
• Net profit after tax FY2026: ₹1.36 million, down from ₹3.00m.
• EPS for FY2026: ₹0.439 per share.
• CRAR stood at 120.99%; Tier I 106.10%.
• No external borrowings; liquidity supported by cash and bank balances.
• Total assets ₹5.316 crore; total equity ₹5.278 crore.
• Authorized capital raised to ₹10 crore; paid-up capital ₹3.092 crore.
• Reserves and surplus ₹2.186 crore; RBI Special Reserve ₹0.434 crore.
• Dividend: not proposed; profits retained.
• Subsidiaries: none; policy on material subsidiaries on website.

Capital structure

• Authorised share capital raised to ₹10 crore via AGM approval on 16-Mar-2026.
• Paid-up capital: 3.092 million shares of ₹10 each.
• Promoter shareholding: SKC Investment Advisors Pvt Ltd 75%.
• One class of equity shares; voting rights.
• No stock options or differential voting rights issued.

Dividends & reserves

• Transfer to RBI Special Reserve: ₹271.6k.
• Total reserves and surplus: ₹21.8607 million (₹2.186 crore).
• Dividend: not declared.

Liquidity & assets

• Cash & cash equivalents: ₹181.014k.
• Other bank balances: ₹23,125k.
• Loans & advances: ₹29,068.623k; total financial assets ₹52,374.638k.
• Long-term loans to related parties: ₹29,141.477k.
• Borrowings: ₹0; no external debt.
• Total assets: ₹5.3163 crore; total equity: ₹5.278 crore.

Governance & board

• Board: five directors; two independent; MD chairs.
• Committees: Audit; Nomination & Remuneration; Stakeholders.
• Four board meetings; independent directors meet separately.
• Secretarial auditor Anand Khandelia appointed for 2026-31; no qualifications.
• Independence declarations filed; governance report on website.

Audit & controls

• Auditors' report: no qualifications; no fraud; internal controls adequate.
• Vigil mechanism in place; SEBI LODR compliance documented.
• Management asserts going concern; accounting policies followed.

Related party transactions

• Unsecured loan to SKC Investment Advisors Pvt Ltd ₹1.5066 crore.
• Loans to B B Event Management and affiliates ₹2.914 crore.
• Interest income from related parties ₹6.92–9.23 lakh.

Subsidiaries & CSR

• No subsidiaries; CSR not applicable.

Outlook & risks

• NBFC risk; RBI norms; management expects gradual growth subject to policy.

AGM Details

• Date and time: 19 September 2026 at 09:00 AM, in physical mode.
• Venue: Registered office, Mumbai.
• Book closure: 12 September 2026 to 19 September 2026 (inclusive).
• Record date for voting entitlement: 11 September 2026.
• Remote e-voting window: 16 September 2026 to 18 September 2026.
• Cut-off date for e-voting: 11 September 2026.

Resolutions

• Item 1 (Ordinary): Adoption of Audited Financial Statements for the year ended March 31, 2026.
• Item 2 (Ordinary): Re-appointment of director retiring by rotation.
• Item 3 (Special): Borrowings up to INR 100 crore; Board empowered to negotiate terms.
• Item 4 (Ordinary): Appointment of Secretarial Auditor for five years; remuneration to be determined.

Voting Results

• Item 1: Voting results not disclosed.
• Item 2: Voting results not disclosed.
• Item 3: Voting results not disclosed.
• Item 4: Voting results not disclosed.

Dividend

• Dividend: No dividend proposed or declared.

Auditor Appointments

• Secretarial Auditor appointed for five years starting FY 2026-27.
• Remuneration to be determined by the Board.
• Five-year term ends at the 47th AGM.

Book closure & AGM details

• Book closure for equity shares from 12 Sep 2026 to 19 Sep 2026 (inclusive).
• Cut-off date for AGM: 11 Sep 2026.
• Annual General Meeting scheduled for 19 Sep 2026 at 09:00 IST.
• Venue: Registered office, 203 Aziz Avenue, Vallabhbhai Patel Road, Mumbai.
• Purpose: To facilitate AGM and related matters.