Everlon Financials Ltd

AGM & AR access

• 37th AGM scheduled for 16 September 2026 at 12:00 IST via VC/OAVM.
• Annual Report 2025-26 accessible via website; link sent to non-registered email holders.
• Email registration cut-off date for notices is 9 September 2026.

KYC & shareholder updates

• Reminder to update KYC details for holders with unregistered emails under SEBI circular 2024.
• Physical folios must update PAN, address, bank details, and nomination for electronic payments.
• Nomination and KYC forms available on Purva Sharegistry website.

Financials snapshot

• Revenue from operations ₹1,647.67 lakhs; prior year ₹1,311.42 lakh.
• Total income ₹1,651.69 lakhs.
• Profit after tax: ₹665.67 lakhs loss.
• Earnings per share: ₹-10.74 (basic and diluted).
• Dividend: not recommended; reserves unchanged.
• Net cash from operations: ₹-35.95 lakhs.
• Total assets ₹1,764.87 lakhs; total equity ₹1,740.26 lakhs.

Capital & liquidity

• Authorized share capital ₹25,00,00,000; paid-up ₹6,20,00,000.
• No deposits; RBI NBFC registration since 19 Dec 2022.
• Promoter holdings: JVK 23.75%, Varsha 19.44%, others.
• Reserve fund under RBI 45-IC(1): ₹255.84 lakhs.
• Securities premium ₹164.51 lakhs; retained earnings ₹357.69 lakhs.

Business developments

• NBFC activities expanded to investments and solar funding.
• Single segment: financial services, investments and trading.
• No subsidiary or joint venture; compliance ongoing.
• Listed on BSE; listing fees for 2025-26 paid.

Governance & board changes

• 37th AGM on 16 Sep 2026 via VC/OAVM.
• Sanjay Rasiklal Dholakia appointed Independent Director, effective 28 Jul 2026.
• Panchal S K & Associates appointed Statutory Auditors for 2026-29.
• Varsha J. Vakharia retires by rotation; reappointment sought.
• Secretarial audit by Sindhu Nair & Associates; no adverse remarks.
• Audit Committee includes Shenoy (Chair), Parekh, Dholakia, and Vakharia (MD).

Related party disclosures

• Rent to Teekay International ₹12.00 lakhs (FY26).
• Remuneration to KMP: Vivek Mane ₹5.53 lakhs; Pooja Sanghvi ₹8.40 lakhs.
• Interest paid to MD ₹0.34 lakhs.
• Other related-party arrangements disclosed; on-arm's length basis.

Audit, controls & compliance

• Auditor's report: no qualifications; going concern not flagged.
• Internal financial controls found adequate and effective.
• Secretarial audit: Annexure B; no qualifications.
• NBFC compliance; RBI COR in place; listing fees paid.

Risks & outlook

• Outlook: focus on strengthening financial services, regulatory compliance and sustainable growth.
• Risks: market volatility, regulatory changes, credit risk, economic uncertainty.

CSR & disclosures

• CSR not applicable; liability NIL; no CSR spend required.

Financial results

• Approved unaudited standalone Q1 FY2026 results for quarter ended 30 June 2026 with Limited Review Report.
• Results prepared under Ind AS 34 and reviewed by the Audit Committee.

Governance & appointments

• Appointed Sanjay Rasiklal Dholakia as Additional Independent Director, effective 28 July 2026.
• Independent Director term: five years.
• Reconstituted board committees to include the new Independent Director.
• Auditors appointed: Panchal SK & Associates for 3 years, subject to shareholders' approval.
• Auditors term commence from conclusion of the 37th AGM.
• Statutory auditors replacement: B.L. Dasharda & Associates replaced by Panchal SK.
• Dholakia to join Audit Committee and Nomination & Remuneration Committees.
• AGM fixed for 16 September 2026 via VC/OAVM.
• Register of Members closed 10-16 September 2026.
• NBFC status: net worth below INR 250 crores.
• Notice of AGM and Annual Report to be sent electronically.

Regulatory disclosures

• Disclosure under SEBI Listing Regulations attached.
• Independent Auditor's Review: no material misstatement.

Meeting Details

• Board meeting scheduled for 28 July 2026, via OAVM.

Key Agenda Items

• Consider unaudited standalone financial results with Limited Review for quarter ended 30 June 2026.
• Appointment of Mr. Sanjay Rasiklal Dholakia as Additional Independent Director (Non-Executive).
• Note appointment of Statutory Auditor following expiry of current auditors' term.

Other Notes

• Trading window closed from 1 July 2026; reopens 48 hours after results for employees and related parties.

Dematerialisation status

• Securities received for dematerialisation during quarter ended 30 June 2026 were confirmed to the depositories (accepted/rejected).
• Securities dematerialised have been listed on the stock exchanges where earlier securities are listed.
• Physical certificates received for dematerialisation were mutilated and cancelled after verification.
• Depository name substituted as registered owner in the register of members within prescribed timelines.
• Dematerialisation occurred for period 01/04/2026 to 30/06/2026.