Daulat Securities Ltd

Board meeting items

• Board of Directors meeting scheduled for 1 October 2026.
• Resignation of Managing Director Jitendra Kochar; to continue as Director.
• Change in Chairmanship of the Audit Committee.
• Monetisation options for immovable properties, including sale or redevelopment.

Daulat Securities Ltd board meeting filing contains no disclosed details in chunk

AGM details

• AGM held on 17 September 2026 at 11:00 IST via VC/OAVM.

Key resolutions

• Ordinary Resolution: Adoption of audited financial statements for year ended 31 March 2026.
• Ordinary Resolution: Reappointment by rotation of a director.

Voting results

• Voting results: Scrutinizer reported resolutions passed.

Resignation details

• Mr. Jitendra Kochar, Managing Director, tendered his resignation.
• Resignation effective date: 17 September 2026.
• Announcement made at the 33rd AGM on 17 September 2026.
• Resignation to be placed before Board for noting and action; exchange intimation on date fixed.

AGM outcomes and governance changes

• AGM held on 17 September 2026 at 11:00 IST via VC/OAVM.
• Audited standalone financial statements for year ended 31 March 2025 to be considered.
• Directors Ajit Kochar and Anamika Kochar proposed for re-appointment.
• Managing Director Jitendra Kochar resigned, effective 17 September 2026.
• Post-meeting EVoting results to be announced and intimated to stock exchanges.

AGM outcomes

• AGM held on 17 September 2026 via VC/OAVM; businesses transacted per notice.
• Standalone audited financial statements for year ended March 2025 and Board reports approved.
• Anamika Kochar to retire by rotation and offers for reappointment.
• E-voting results to be announced after Scrutinizer's report.
• AGM concluded at 11:22 AM.

Record date and AGM details

• Purpose: cut-off date to determine eligibility for remote e-voting and AGM e-voting.
• Security: Equity shares.
• Record date: 10 September 2026.
• Book closure: 11 September 2026 to 17 September 2026 (inclusive).
• AGM: 17 September 2026 at 11:00 IST via VC/OAVM.
• Deemed venue: registered office, 86, Canning Street, Kolkata.

Financial performance

• Revenue from operations fell to Rs (142.81) lakhs in FY26 from Rs 166.30 lakhs.
• Total income stood at Rs -77.62 lakhs in FY26.
• Profit before tax was Rs -196.19 lakhs; tax expense Rs 17.47 lakhs.
• Net profit after tax Rs -178.72 lakhs; EPS Rs -3.57.
• Dividend declared for FY26: none.
• Cash and cash equivalents at year-end: Rs 19,933.25.
• Net worth: Rs 19,33,41,100 as at 31 Mar 2026.
• Share capital: Rs 5,00,00,000; authorised capital Rs 6,00,00,000.
• Promoter holding 56.02%; Public 43.98% as at 31 Mar 2026.

Capital structure & liquidity

• Total assets at 31 Mar 2026: Rs 2,109,624.32; down from Rs 2,347,969.55 in 2025.
• Indebtedness: NIL; no secured borrowings.
• Net cash from operating activities: Rs -62,128.09.
• Cash flow from investing activities: Rs 71,329.34.
• Net increase in cash and cash equivalents: Rs 9,201.25.

Governance & board

• Statutory auditors: M/s P D Randar & Co.
• Secretarial auditors: Puja Pujari Associates.
• Board meetings held in 2025-26: six; Independent Directors met once.
• Audit Committee: Rohit Somany (Chairman), Bhansali, Ajit Kochar.
• Nomination & Remuneration Committee: Somany (Chairman), Bhansali, Dinesh Agarwal.
• Stakeholders Relationship Committee: Somany (Chairman), Bhansali, Ajit Kochar.
• Director remuneration: Ajit Kochar Rs 3,00,000; Jitendra Kochar Rs 3,00,000.
• CFO Lunia Rs 6,00,000; Mitra Rs 4,44,444.
• Secretarial audit: no qualifications.

AGM & investor communications

• 33rd AGM on 17 Sep 2026 at 11 AM via VC/OAVM.
• Notice and Annual Report circulated electronically; available on company website and stock exchanges.
• Proxy facility not available due to VC/OAVM format.
• Remote e-voting window: 14 Sep 2026 9 AM to 16 Sep 2026 5 PM.
• Cut-off date for voting: 10 Sep 2026.
• Attendance counted for quorum; queries to be emailed to contactus@daulatsec.com.

Shareholding & promoter interests

• Dematerialisation: NSDL 77.52%, CDSL 13.30%, Physical 9.17%.
• Promoter group holds 56.02% of shares as at 31 Mar 2026.
• Top ten holders include Aditi Industries Ltd, B Daulat Ltd, Jitendra Kochar, Sohan Lal Kochar.

Green initiative & disclosures

• Green Initiative: paperless communications; notices and annual reports sent electronically.
• Shareholders may register their email with DP/RTA for electronic communications.
• Annual report accessible on the company website.

Risk management

• Risks include market, credit, regulatory and liquidity; management monitors policies.
• Internal control system described; internal audit reports to the Audit Committee.
• Ind AS impairment modelling and risk management framework applied.

Board meeting outcomes

• Unaudited quarterly results for quarter ended 30 June 2026, cash flow statement, and Limited Review Report approved.
• Board approved Board Report and Secretarial Audit Report for year ended 31 March 2026.
• Draft notice of the 33rd AGM approved; date, time, and venue to be reflected in notices.
• Scrutinizer appointed for AGM voting; details to be included in AGM notice.
• Meeting held 11:30 AM to 12:12 PM on 14 August 2026.