Krishna Capital and Securities Ltd

AGM Details

• 32nd AGM held on September 30, 2026 via VC/OAVM.
• Meeting started at 12:00 PM and concluded at 12:15 PM.
• Remote e-voting closed September 23, 2026; voting occurred September 27–29, 2026.

Key Resolutions

• Ordinary: Adopt Audited Financial Statements for year ended March 31, 2026.
• Ordinary: Appoint Vinod Agrawal as director, retiring by rotation.
• Special: Re-appoint Ashokkumar Agrawal as CMD for five years.
• Ordinary: Appoint Kunal Sharma & Associates as Secretarial Auditor for five years; remuneration to be fixed.
• Special: Re-appoint Kalpesh Mehta as non-exec independent director for second five-year term.
• Special: Re-appoint Meenu Maheshwari as non-exec independent director for second five-year term.

Voting Results

• Voting results not disclosed in the document; to be intimated separately.

Directors & Auditors

• Vinod Agrawal appointed as director, retiring by rotation.
• Ashokkumar Agrawal re-appointed as Chairman & Managing Director for five years.
• Kalpesh Mehta re-appointed as non-exec independent director for second term.
• Meenu Maheshwari re-appointed as non-exec independent director for second term.
• Secretarial Auditor appointed: Kunal Sharma & Associates for five years; remuneration to be fixed.

AGM Details

• AGM held on 30-09-2026 at 12:00 PM via VC/OAVM; record date 23-09-2026.

Key Resolutions

• Resolution 1: Adoption of audited standalone and consolidated financial statements.
• Resolution 2: Appointment of Vinod Agrawal by rotation.
• Resolution 3: Re-appointment of Ashok Agrawal as Chairman & MD for five years.
• Resolution 4: Appoint Kunal Sharma & Associates as Secretarial Auditor for five years.
• Resolution 5: Re-appoint Kalpesh Mehta as non-exec independent director for second five-year term.
• Resolution 6: Re-appoint Meenu Maheshwari as non-exec independent director for second five-year term.

Voting Results

• Resolution 1: Passed; 100% in favour; no against or abstentions.
• Resolution 2: Passed; 100% in favour; no against or abstentions.
• Resolution 3: Passed; 100% in favour; no against or abstentions.
• Resolution 4: Passed; 100% in favour; no against or abstentions.
• Resolution 5: Passed; 100% in favour; no against or abstentions.
• Resolution 6: Passed; 100% in favour; no against or abstentions.

Director Changes

• Vinod Agrawal, retiring by rotation, re-appointment approved.
• Ashok Agrawal re-appointed as Chairman and Managing Director for five years.
• Kalpesh Mehta re-appointed as non-exec independent director for a second term.
• Meenu Maheshwari re-appointed as non-exec independent director for a second term.

Auditors

• Secretarial Auditor: M/s Kunal Sharma & Associates appointed for five years.

Material RPTs

• No material related party transactions disclosed.

Other Approvals

• All other matters as set out in the resolutions were approved.

AGM Details

• AGM held on 30 September 2026 at 12:00 PM through VC/OAVM.
• Cut-off date for voting rights: 23 September 2026.
• Shareholders on record date: 5310.
• Total attendees via video conferencing: 40 (20 promoters, 20 public).
• E-voting window: 27–29 Sept 2026; AGM voting via VC/OAVM.
• Meeting duration: 12:00–12:15 PM.

Key Resolutions

• Resolution 1 (Ordinary): Adoption of Audited Standalone & Consolidated Financial Statements; Passed.
• Resolution 2 (Ordinary): Appointment of Vinod Agrawal, Director by rotation; Passed.
• Resolution 3 (Special): Re-appointment of Ashok Agrawal as CMD & MD for five years; Passed.
• Resolution 4 (Ordinary): Appointment of Kunal Sharma & Associates as Secretarial Auditor for five years; Passed.
• Resolution 5 (Special): Re-appointment Kalpesh Mehta as non-exec independent director for second term of five years; Passed.
• Resolution 6 (Special): Re-appointment Meenu Maheshwari as non-exec independent director for second term of five years; Passed.

Voting Results

• Resolution 1 passed; 100% in favour.
• Resolution 2 passed; 100% in favour.
• Resolution 3 passed; 100% in favour.
• Resolution 4 passed; 100% in favour.
• Resolution 5 passed; 100% in favour.
• Resolution 6 passed; 100% in favour.

Dividend

• Dividend: Not proposed or declared.

Director Changes

• Ashok Agrawal reappointed as Chairman & Managing Director for five years.
• Vinod Agrawal appointed by rotation.
• Kalpesh Mehta reappointed as non-exec independent director for five years.
• Meenu Maheshwari reappointed as non-exec independent director for five years.

Auditor Appointments

• Secretarial Auditor: M/s Kunal Sharma & Associates; tenure five years.

AGM Details

• Date: 30 September 2026; Time: 12:00–12:15 P.M.; Mode: VC/OAVM.
• Remote e-voting: 27–29 September 2026; Cut-off date: 23 September 2026.
• Meeting concluded at 12:15 P.M.

Key Resolutions

• Adopt standalone and consolidated financial statements for year ended March 31, 2026.
• Director Vinod Agrawal retires by rotation; re-appointment proposed.
• Re-appoint Ashokkumar Agrawal as Chairman & MD for five years.
• Appoint Kunal Sharma & Associates as Secretarial Auditor for 2026–31; remuneration to be fixed.
• Re-appoint Kalpesh Mehta as non-exec independent director for second five-year term.
• Re-appoint Meenu Maheshwari as non-exec independent director for second five-year term.

Voting Results

• Voting results not disclosed; scrutiniser to publish within 48 hours.

Dividend

• Dividend: No proposal or approval noted.

Director Changes

• Vinod Agrawal retires by rotation; re-appointment proposed.
• Ashokkumar Agrawal re-appointed as Chairman & MD for five years.
• Kalpesh Mehta re-appointed as non-exec independent director for second term.
• Meenu Maheshwari re-appointed as non-exec independent director for second term.

Auditor Appointments

• Secretarial Auditor: M/s Kunal Sharma & Associates; tenure 2026–31; remuneration to be fixed.

Material Related Party Transactions

• Material related-party transactions: none disclosed.

Krishna Capital and Securities Ltd: Trading window closed from October 1, 2026 until 48 hours after declaration of Un-audited (Standalone and Consolidated) Financial Results for the second quarter and half year ended September 30, 2026.

Book Closure & AGM Details

• Book closure from 23 September 2026 to 30 September 2026, inclusive, for AGM records.
• Purpose: Annual General Meeting of the company.
• Cut-off date for e-voting: 23 September 2026.
• E-voting period: 27 September 2026 09:00 IST to 29 September 2026 17:00 IST.
• Date of AGM: 30 September 2026 at 12:00 IST.
• Security: Equity shares.

Financials

• Standalone revenue from operations: Rs 42.05 Lakhs for FY2025-26.
• Consolidated revenue from operations: Rs 42.05 Lakhs.
• Standalone net profit after tax: Rs 0.78 Lakhs.
• Consolidated net loss after tax: Rs 12.59 Lakhs.
• Earnings per share (basic/diluted) for FY2025-26: Rs 0.02.
• Dividend: no dividend declared or recommended.

Capital & liquidity

• Paid-up share capital stands at Rs 315.84 Lakhs.
• Authorised capital increased to Rs 34 Crores post AGM.
• Cash and cash equivalents at year-end: Rs 49.19 Lakhs.

Governance

• Ashok Agrawal reappointed as Chairman & MD for five years.
• Independent Directors Kalpesh Mehta and Meenu Maheshwari reappointed for five years.
• CFO Vinodkumar Singh appointed, later resigned July 30, 2026.
• Independence declarations filed; no director disqualifications.
• Secretarial Auditor appointed: M/s Kunal Sharma & Associates.

Material events post-year-end

• Promoters signed SPA on 26 Mar 2026 with Ashu Bishnoi and Yagnik Tank.
• Transaction subject to regulatory approvals; not completed as of report date.

Related party transactions

• Remuneration to Ashok Agrawal: Rs 6.00 Lakhs.
• Salary to Shweta Saparia: Rs 7.08 Lakhs.
• Sitting fees to Kalpesh Mehta: Rs 0.45 Lakhs.
• Sitting fees to Meenu Maheshwari: Rs 0.45 Lakhs.
• Palco Metals Limited is associate; 34% holding.
• Palco Metals' 34% stake is equity accounted.

Audit & controls

• Statutory auditors: Abhishek Kumar & Associates; five-year term ending 2026-31.
• Secretarial Auditor: M/s Kunal Sharma & Associates; remuneration details disclosed.
• Internal controls are adequate; no material weaknesses reported.

MD&A & risks

• MD&A notes a cautious RBI NBFC environment and investment approach.
• Risks include rate movements and macro shifts impacting profitability.
• Liquidity risk monitored via rolling forecasts.

AGM Details

• Date and time: 30 September 2026, 12:00 PM IST.
• Mode: Video Conferencing / Other Audio-Visual Means (VC/OAVM).
• Record/book closure: 23 September 2026 to 30 September 2026 (inclusive).

Resolutions Put to Vote

• To receive, consider and adopt the standalone and consolidated financial statements for FY2025-26, with Board and Auditor reports.
• To appoint Vinod Agrawal as Non-Executive Director, retiring by rotation, and eligible for re-appointment.
• Re-appoint Ashok Agrawal as Chairman & Managing Director for five years with Rs 50,000 monthly salary.
• Appoint M/s Kunal Sharma & Associates as Secretarial Auditor for five years, with Board to fix remuneration.
• Re-appoint Kalpesh Mehta as Non-Executive Independent Director for five years from Jan 1, 2026.
• Re-appoint Meenu Maheshwari as Non-Executive Independent Director for five years.

Dividend

• No dividend proposed/declared for FY2025-26.

Director Changes

• Vinod Agrawal designation changed to Non-Executive Director on Feb 27, 2026.
• Vinodkumar Singh appointed Additional Executive Director on Mar 26, 2026; regularised Apr 25, 2026; resigned Jul 30, 2026.
• Nishant Darak appointed Additional Non-Executive Independent Director on Apr 8, 2026; resigned Aug 14, 2026.
• Vinod Agrawal moved from Executive Director to Non-Executive Director on Feb 27, 2026.

Auditor Appointments

• Statutory Auditor Abhishek Kumar & Associates continuing for five-year term.
• Secretarial Auditor M/s Kunal Sharma & Associates appointed for five years from FY 2026-27; remuneration for FY 2026-27: INR 75,000.

Material Related Party Transactions

• MD remuneration: Rs 6.00 Lakh in FY2025-26.
• Company Secretary salary: Rs 7.08 Lakh.
• Independent Directors' sitting fees: Rs 0.45 Lakh each (Meenu Maheshwari, Kalpesh Mehta).

Other Material Approvals

• Authorized share capital increased to Rs 34 crore; approved April 25, 2026.
• Promoter share sale SPA with buyers; approvals pending as of report.

Key Decisions

• Board approved the Directors' Report for the financial year 2025-2026.
• Board approved Notice of 32nd AGM and fixed Record Date for entitlement to AGM materials.
• Board approved appointment of Bipin L. Makawana as Scrutinizer for e-voting.

Appointments/Resignations

• Approved re-appointment of Director Vinod Agrawal (DIN 00413378) subject to shareholders' approval at AGM.