First Custodian Fund India Ltd

AGM details

• AGM held on Friday, 25 September 2026 at 4:00 p.m. via VC/OAVM.
• Record date for entitlement: 18 September 2026.
• Remote e-voting period: 22-24 September 2026.

Resolutions

• Resolution 1: Approve and adopt audited financial statements for year ended 31 March 2026.
• Resolution 2: Appoint Manish Banthia as director, retires by rotation, eligible for re-appointment.

Voting results

• Resolution 1 passed with 98.57% in favour, 1.43% against.
• Resolution 2 passed with 98.56% in favour, 1.44% against.
• Total votes cast: 712,517; valid votes: 712,507; 151 members.

Director changes

• Re-appointment of Manish Banthia (DIN 00117002) as director.

AGM Details

• AGM held on 25 September 2026 at 4:00 p.m. via VC/OAVM.
• Meeting lasted from 4:00 p.m. to 4:18 p.m.
• Remote e-voting offered 22–24 September 2026; voting during AGM.
• Scrutinizer appointed for e-voting.
• Auditors attended: Statutory and Secretarial.
• No qualifications in the Statutory Auditor's report.
• Combined e-voting results to be uploaded within 48 hours after conclusion.

Ordinary Business Resolutions

• Adoption of Audited Financial Statements for the year ended 31 March 2026 and related reports.
• Re-appointment of director by rotation.

Financial highlights

• Total income for 2025-26: Rs 47.21 Lakhs.
• Loss after tax: Rs 27.17 Lakhs.
• Basic EPS: Rs -1.81.
• Dividend for the year: none.

Balance sheet snapshot

• Total assets: Rs 15,19,64,437.
• Investments: Rs 10,58,57,402.
• Equity capital: Rs 1,50,00,000.
• Reserves & surplus: Rs 13,57,98,829.
• Borrowings: Rs 2,45,773.

Cash flow and liquidity

• Net cash from operating activities: Rs (1,233,063).
• Net cash from investing activities: Rs 3,562,420.
• Net cash from financing activities: Rs (1,965,172).
• Net increase in cash: Rs 364,185.

Governance and audit

• Audit Committee and Nomination & Remuneration Committee not formed.
• Internal audit not appointed.
• Secretarial audit flagged gaps; management explanations provided.
• MD independence commentary not provided due to small size.

Dividend and shareholder info

• No dividend declared for 2025-26.
• Dividend-related IEPF transfer deadlines apply for unclaimed amounts.

AGM and corporate actions

• Fortieth AGM on 25 September 2026 via VC.
• Ordinary business: adoption of financial statements and director appointment.

Risks and compliance

• The company has governance gaps; risk management exists but no dedicated committee.
• Whistle blower policy in place; no incidents reported.
• Listed on BSE; scrip code 511122; listing fees paid.

First Custodian Fund India Ltd - Trading window closed from 1 October 2026 for the consideration of Un-Audited Financial Results for the quarter and half year ended 30 September 2026; The trading window will open 48 hours after the declaration of the said Un-Audited Financial Results.

Financials

• Total income Rs 47.21 lakhs, down from Rs 304.61 lakhs year ago
• Net loss after tax Rs 27.17 lakhs; prior year profit Rs 173.96 lakhs
• Profit before tax Rs -26.05 lakhs
• Total tax expense Rs 1.12 lakhs
• EPS Basic Rs -1.81; Diluted Rs -1.81
• Dividend not recommended for the year

Capital & shareholding

• Paid-up equity share capital Rs 1.50 crore; no change during year
• Promoter & Promoter Group hold 52.57% of issued capital
• Total equity Rs 15.0998 crore
• Borrowings Rs 2,45,773; debt modest
• Debt-to-equity ratio 0.43 (vs 0.46 prior year)

Operations

• NSE broker; trades in shares and futures & options
• No change in business during the year; small scale operations
• Internal controls maintained; internal audit not required due to small size

Governance & compliance

• Audit Committee and Nomination & Remuneration Committee not constituted
• Independent directors and woman director not appointed; rationale: small scale
• Secretarial audit notes gaps; management cites size constraints
• Management not providing MD&A; decided not to for 2025-26
• Corporate governance not mandatory for this class per Reg 15(2)(a)

Auditors & disclosures

• Statutory auditors: Paresh D Shah & Co; Secretarial auditors: P C Shah & Co
• Auditors’ report: no qualifications; Secretarial report notes non-composition of committees
• Annual Return for 2025-26 available on company website
• No fraud reported by auditors; internal audit not required

AGM & investor info

• Fortieth AGM on 25 Sep 2026 via VC/OAVM
• Remote e-voting window: 22–24 Sep 2026; join via evotingindia
• Notice and annual report available on company website and BSE site

AGM Details

• Date and time: 25 September 2026, 4:00 PM IST.
• Mode: Video Conferencing and Other Audio Visual Means (VC/OAVM).
• Record/Book Closure: 19 September 2026 to 25 September 2026 (inclusive).

Ordinary Business

• Adopt Audited Financial Statements for year ended 31 March 2026 and reports.
• To appoint a Director in place of Manish Banthia, retiring by rotation.

Director Details

• DIN 00117002; joined board on 27/08/2015; re-appointment proposed.
• Shareholding: 37,395 shares.
• Remuneration last drawn: Nil; proposed remuneration: Nil.

Financials (Q1 FY27)

• Board approved standalone unaudited results for quarter ended 30 June 2026.
• Net loss for the quarter: Rs 11.33 lakh.
• EPS basic: Rs -1.37; EPS diluted: Rs -1.81.
• EPS after extraordinary items: Rs -0.76.
• Paid-up share capital: Rs 150 lakh.
• Single segment: Stock Broking & Trading in shares.
• Ind AS 34 interim financial reporting applied; Limited Review by statutory auditors.
• Board meeting duration: 3:30 PM to 4:00 PM on 13 August 2026.

Meeting Details

• Date: 13 August 2026; time not disclosed; location: Corporate Office.

Key Agenda Items

• Approve unaudited financial results for quarter ended 30 June 2026.
• Consider any other business with the Chair's permission.

Other Notes

• Trading window closed from 1 July 2026; opens 48 hours after results declaration.

Dematerialisation confirmation

• Reg 74(5) dematerialisation confirmed for quarter ended 30 June 2026; securities listed on exchanges.
• Certificates received for dematerialisation mutilated/cancelled after verification; depositories updated register of members.
• Registrar status: MUFG Intime India Private Limited; formerly Link Intime India Private Limited.