Futuristic Securities Ltd

AGM Details

• 55th AGM held on 30 September 2026 at 4:00 pm in Mumbai.
• In-person meeting at 301/302, Ashford Chambers, Mahim.
• Quorum present; Chairman chaired proceedings.
• Remote e-voting facility available; voting to be consolidated with ballots.

Resolutions Proposed

• Adoption of Audited Financial Statements for the year ended March 31, 2026.
• Re-appointment of Director by rotation: Pradeep Satyanaraya Jatwala.
• Appointment of Auditor and fixation of remuneration.
• Appointment of Secretarial Auditor of the Company.

Voting Status

• Voting results not disclosed in filing; Scrutinizer's report to be submitted.
• Consolidated results to be made available on company website and exchanges.

Director & Auditor Appointments

• Director retire-by-rotation; eligible for re-appointment.
• Auditor and Secretarial Auditor appointments noted; tenure and remuneration not specified.

Futuristic Securities Limited — Trading Window Closure from October 1, 2026 until the end of 48 hours after the declaration of unaudited financial results for the quarter and half year ended September 30, 2026; reopening 48 hours after declaration.

Financial highlights

• Total revenue and other income: Rs 1,125.98 thousand.
• Profit before tax: Rs -17.17 thousand.
• Profit after tax: Rs -25.82 thousand.
• Earnings per share: Rs -0.01 (basic/diluted).
• Dividend for 2025-26: not proposed.
• Share capital unchanged at Rs 19.50 million.
• Promoter holding: 62.77% of equity.

Balance sheet snapshot

• Equity share capital: Rs 19.50 million.
• Reserves and surplus: Rs negative 5.76 million.
• Total assets: Rs 13.90 million.
• Investments: Rs 4,029.46 thousand.
• Loans: Rs 7,900 thousand.
• Current liabilities: Rs 42.40 thousand.
• Cash and cash equivalents end of year: Rs 61.90 thousand.

Cash flows

• Net cash from operating activities: Rs -1,278.59 thousand.
• Net cash from investing activities: Rs 1,124.11 thousand.
• Net decrease in cash and equivalents: Rs 154.48 thousand.
• Opening cash: Rs 216.38 thousand; closing: Rs 61.90 thousand.

Dividends and capital allocation

• No dividend declared for 2025-26.
• Paid-up capital unchanged at Rs 19.50 million.
• Promoter ownership remains 62.77%.

Auditors and governance

• Statutory auditors MAKK & Co resigned on 11 August 2026.
• MKPS & Associates LLP appointed as statutory auditors for five years, subject to member approval.
• Secretarial auditor Roy Jacob & Co engaged; report annexed.
• Board meetings held: four during the year.

Corporate governance and risk

• Internal controls described as adequate; Audit Committee active.
• Related party transactions at arm's length; Kores (India) Ltd as related party.
• CSR not applicable; no CSR committee formed.

Shareholding and related party stock

• Promoter Anand Kumar Thirani holds 62.77%.
• Public shareholding totals 37.23%.
• Top ten non-director holders include Sanjaykumar Sarawagi at 1.06%.

Auditor resignation and proposed replacement

• Audit Committee meeting held Aug 11, 2026 considered MAKK & Co. resignation as Statutory Auditors.
• Resignation stems from MAKK & Co. merger with MKPS & Associates LLP.
• Audit Committee notes no other material concerns related to the resignation.
• Recommends MKPS & Associates LLP as Statutory Auditors to fill casual vacancy.
• Appointment subject to approval by members.

Unaudited results

• Unaudited quarterly results for the quarter ended June 30, 2026 approved along with Limited Review Report.

AGM date

• 55th AGM to be held on September 30, 2026.

Auditor changes

• MAKK & Co resigns as Statutory Auditors effective 11 August 2026 due to merger.
• MKPS & Associates LLP appointed as Statutory Auditors to fill casual vacancy, subject to member approval.

Board meeting details

• Board meeting held on 11 August 2026; 2:30 p.m. to 3:30 p.m.

Processing confirmation

• RTA confirmed processing of all dematerialisation requests and listing of dematerialised securities on exchanges.

Certificate handling

• Physical certificates were mutilated and cancelled after verification, with depository's name substituted as registered owner.

Listing status

• Securities dematerialised have been listed on the stock exchanges where the original issues are listed.