Inani Securities Ltd

Inani Securities Ltd – Trading window closed from Oct 1, 2026 till 48 hours after the declaration of Unaudited Financial Results for half year and quarter ended September 30, 2026.

EPS & Cash Flow clarification

• Basic and diluted EPS for year ended 31 Mar 2026 corrected to Rs 0.005.
• Discrepancy due to inadvertent mismatch and rounding in the Exchange filing portal; no material impact.
• FY2026 PBT 10.15; net cash from operating activities 39.98.
• Income taxes paid 1143; total adjustments 41.26; audited statements unaffected.
• Company to exercise greater care in future submissions to the Exchange.

Designation change: Lakshmikanthinani

• Change in designation from MD to Whole-Time Director, effective 23 Sep 2026; subject to mutually agreed terms.
• Professional profile: Former MD; DIN 00461829.

Designation change: Vishnukantinani (WTD to MD)

• Change in designation from Whole-Time Director to Managing Director, 23 Sep 2026; mutually agreed terms.
• Professional profile: Managing Director; DIN 00571377.

Designation change: Vishnukantinani to MD cum Chairman

• Change in designation from Whole-Time Director to Managing Director cum Chairman; effective 23 Sep 2026; terms mutual.
• Profile: Former Whole-Time Director; DIN 00571377.

Secretarial auditor appointment

• Appointment of M/s. Baheti Gupta & Co as Secretarial Auditor.
• Firm profile: Company Secretaries firm providing secretarial audit.

Altered MOA adoption

• Adoption of Altered Memorandum of Association.

Altered AOA adoption

• Adoption of Altered Articles of Association.

AGM Details

• AGM held on Sept 23, 2026 at 12:30 PM via VC/OAVM.
• Cut-off voting date: Sept 17, 2026.
• Remote e-voting period: Sept 20–22, 2026.
• Shareholders on record date: Sept 17, 2026.
• Total shareholders on record: 1,388.

Resolutions and outcomes

• Resolution 1 (Ordinary): Adopt Balance Sheet and Directors' Report; passed.
• Resolution 2 (Ordinary): Re-appoint Vishnukant Inani by rotation; passed.
• Resolution 3 (Special): Adopt new Memorandum of Association; passed.
• Resolution 4 (Special): Adopt new Articles of Association; passed.
• Resolution 5 (Special): Delegate powers to the board to sell assets; passed.
• Resolution 6 (Special): Increase borrowing limits under section 180(1)(c); passed.
• Resolution 7 (Ordinary): Appoint M/s Baheti Gupta & Co. as Company Secretaries; passed.
• Resolution 8 (Special): Change Lakshmikanth Inani's designation to Whole-Time Director; passed.

Director Changes

• Vishnukant Inani re-appointed by rotation.
• Lakshmikanth Inani designated as Whole-Time Director.

Secretarial/Statutory Appointments

• Appointed M/s Baheti Gupta & Co. as Company Secretaries; tenure/remuneration not disclosed.

AGM Details

• AGM held via Video Conferencing on 23 September 2026 from 12:30 PM to 1:05 PM.

Key Resolutions

• Adopt Audited Balance Sheet, Cash Flow Statement, and reports of Directors and Auditors.
• Re-appoint Vishnukant Inani as Director on rotation.
• Adopt new Memorandum of Association.
• Adopt new Articles of Association.
• Delegate powers to the Board to sell company properties.
• Increase borrowing limits under Section 180(1)(c).
• Lakshmikanth Inani designated as Whole-time Director and Chairman.
• Vishnukant Inani designated as Managing Director and Chairman.
• Appointment of Baheti Gupta & Co. as Secretarial Auditor.

Voting Results

• Voting results to be declared per Scrutinizer's Report.

Director Changes

• Vishnukant Inani retires by rotation; re-appointment under consideration.
• Lakshmikanth Inani designation changed to Whole-time Director and Chairman.
• Vishnukant Inani designation changed to Managing Director and Chairman.

Auditor Appointments

• Baheti Gupta & Co. appointed as Secretarial Auditor.

AGM Details

• AGM date: 23 September 2026, time: 12:30 PM.
• Mode: Video Conferencing / Other Audio-Visual Means (VC/OAVM).
• Deemed venue: registered office address.
• Voting record date: 17 September 2026.
• Remote e-voting: 20–22 September 2026, 9 AM–5 PM.

Resolutions Proposed

• Ordinary: Adoption of Audited Financial Statements.
• Ordinary: Re-appointment of Vishnukant Inani retiring by rotation.
• Special: Adoption of new Memorandum of Association.
• Special: Adoption of new Articles of Association.
• Special: Sell company properties on suitable terms.
• Special: Increase borrowings up to Rs 100 Crores.
• Special: Lakshmikanth Inani MD to Whole-time Director.
• Special: Vishnukanth Inani ED to MD and Chairman.
• Special: Appoint Baheti Gupta & Co as Secretarial Auditor.

Governance/Management Changes

• Lakshmikanth Inani: MD to Whole-time Director, 23 Sep 2026–22 Sep 2029.
• Vishnukant Inani: Executive Director to MD & Chairman, 23 Sep 2026–22 Sep 2029.

Auditors

• Secretarial Auditor appointment: Baheti Gupta & Co for 2026–27 to 2030–31.

Dividend

• Dividend: No dividend proposed for the financial year 2025–26.

Key Decisions

• Adoption of New Memorandum of Association at upcoming AGM.
• Adoption of New Articles of Association at upcoming AGM.
• Lakshmikanth Inani: MD to Whole-Time Director, effective 23/09/2026, subject to member approval.
• Vishnukant Inani: Director to Managing Director and Chairman, effective 23/09/2026, subject to member approval.
• Sale of properties under Section 180(1)(a) of the Companies Act, 2013.
• Increase borrowing powers to Rs.100 crores under Section 180(1)(c) of the Companies Act, 2013.
• Appointment of M/s Baheti Gupta & Co as Secretarial Auditor for FY2026-27 to FY2030-31, subject to member approval.
• Appointment of Ms Hepsibah Thomas as Chief Financial Officer w.e.f 29/08/2026.
• Appointment of M/s Vinay Surana & Co as Internal Auditor for FY2026-27.
• Approval of Directors' Report and Adoption of Secretarial Audit Report for FY2025-26; AGM notice issued.

Trading terminals relocation

• Intimation of shifting trading terminals from Hyderabad old location to new location, effective 24 August 2026.
• Terminal 1: NSE user HYDO1; NNF ID 500001001001127; BSE location ID 5000010002001020.
• Terminal 2: NSE user HYDO2; NNF ID 500001002002127; BSE location ID 5000010002002020.
• Old location: G-15, Raghava Ratna Towers, Chirag Ali Lane, Abids, Hyderabad.
• New location: Lotus Heights, Plot 264, Guttala Begumpet, Kavuri Hills, Hyderabad 500033.
• Effective date: 24 August 2026.
• New location complies with SEBI and stock exchanges regulations.

Promoter holdings unfreeze

• Board meeting on 13-08-2026 approved the unaudited/audited financial results for quarter ended 30 June 2026.
• The results were disseminated to BSE on 13-08-2026 and published in newspapers.
• Company requested unfreezing ISIN/promoter holdings for beneficiary owner accounts.
• Activation of unfreeze to be processed at the earliest possible date.

Key quarterly numbers

• Revenue from operations: 28.13 Lakhs; total revenue: 46.08 Lakhs (quarter ended 30 June 2026).
• Total expenses: 39.60 Lakhs; profit before tax: 7.12 Lakhs.
• Current tax: 0.55 Lakhs; deferred tax: 0.99 Lakhs; PAT: 1.57 Lakhs.
• Earnings per share: 0.23; diluted: 0.23 (quarter ended 30 June 2026).
• Exceptional items: 0.32 Lakhs.
• Board approved unaudited results; limited review by GD Upadhyay & Co.
• Board meeting dated 13 August 2026; Hyderabad.