Libord Securities Ltd

Libord Securities Ltd – Closure of Trading Window

AGM details

• Date and time: 24 Sep 2026 at 12:00 Noon; mode: VC/OAVM.
• Cut-off/record date: 17 Sep 2026.

Key resolutions

• Resolution 1 (ordinary): Adoption of standalone financial statements, auditor's report, and Directors' Report.
• Resolution 2 (ordinary): Reappointment of Vandna Dangi as director by rotation.

Voting results

• Resolution 1 passed: 3,904,477 in favour; 202 against.
• Resolution 2 passed: 3,904,043 in favour; 636 against.

Dividend

• Dividend: No dividend declared or proposed.

Director changes

• Vandna Dangi reappointed as director by rotation.

No AGM details in excerpt

• No resolutions or outcomes described in the provided filing excerpt.

AGM details

• Date and time: 24 September 2026 at 12:00 noon IST via VC/OAVM.
• Book closure: 18-24 September 2026.
• Cut-off for voting: 17 September 2026.
• Remote e-voting: 20 September 2026 to 23 September 2026.

Resolutions

• Ordinary Business – Adoption of Audited Standalone Financial Statements, Auditor’s Report, and Directors’ Report.
• Ordinary Business – Reappointment of Vandna Dangi (DIN 00886496) retiring by rotation.

Financial performance

• Total income for 2025-26: 56.74 Lakhs, up from 9.73 Lakhs.
• Profit before tax: (6.25) Lakhs.
• Profit after tax: (6.28) Lakhs.
• Total comprehensive income: (10.36) Lakhs.
• EPS (basic/diluted): (0.13) Rs.
• Dividend: Nil; no dividend recommended.
• Share capital remained at Rs 5 Crore.
• Net worth around Rs 3.59 Crore.
• Closing cash and cash equivalents: 1,018.43 (Hundred INR).
• Operating cash flow: (1,04,751.81) (Hundred INR).

Operations & growth

• Turnover rose >4.8x YoY to 56.74 Lakhs.
• Net loss reduced from 70.10 Lakhs to 6.28 Lakhs.
• GDP real growth projected at 7.7% for FY2025-26.
• IMF world growth projected around 3.1% in 2026.
• Industry outlook: financial services resilient and digitally driven.
• Internal controls robust with no material weaknesses observed.
• Cost-record maintenance not required for the company.
• Remuneration policy adopted; details on company website.
• Board Meetings held: 5 during the year.
• Management expects favourable environment for 2025-26.

Capital structure & dividends

• Share capital unchanged at Rs 5 Crore.
• No differential voting rights or stock options.
• Promoters hold significant stakes: Libord Consultants 24.71%, Libord Exports 22.92%, Lalit Dangi 11.38%.
• Shares outstanding: 5,000,000.
• No CSR expenditure required; CSR not applicable.

Governance & audit

• Independent Directors Kishan Sharma and Radhey Shyam Soni appointed Aug 12, 2025.
• Audit Committee comprises Radhey Shyam Soni (Chair), Kishan Sharma, Ramesh Jain.
• Statutory Auditor: M/s RMR & Co; report unqualified.
• Secretarial Audit: Annexure I; observations self-explanatory.
• Remuneration policy adopted; disclosed on company website.
• Whistle Blower policy adopted.
• Board evaluation conducted; governance framework in place.

Risk management & internal controls

• Internal control system adequate; no material weakness observed.
• No significant risk identified that could threaten existence.
• Contingent liabilities: Rs 5,472.36.
• Company listed on BSE; listing fee paid for 2026-27.

Related party transactions

• Advance to related parties: 82,306.86.
• Investment in Libord Brokerage Pvt Ltd: 1,18,789.30.
• Investment in Libord Advisors Pvt Ltd: 13.05.
• Remuneration to KMP: 1,950.00.
• No related party contracts under Section 188.

Cash flows & liquidity

• Operating cash flow: (1,04,751.81) (Hundred INR).
• Investing cash flow: 1,04,991.01 (Hundred INR).
• Net increase in cash and equivalents: 239.20.
• Closing cash balance: 1,018.43 (Hundred INR).

Outlook & macro environment

• GDP real growth projected at 7.7% for FY2025-26; nominal growth 8.9%.
• IMF warns of global slowdown to around 3.1% in 2026.
• Indian financial services sector expected to remain resilient and growth-oriented.

CEO re-appointment

• Board approved a 2-year CEO re-appointment for Vijay R. Pawar, Oct 1, 2026–Sep 30, 2028.

Financials

• Quarter ended Jun-26: Revenue from operations 0.00; Total income 3.37.
• Total expenses 17.09; PBT -13.72; PAT -13.72.
• EPS (continuing op): basic & diluted -0.27.
• Total comprehensive income for Jun-26: -1.16.
• Net worth 356.10; Paid-up share capital 500.00.

Board actions & AGM

• Board approved standalone unaudited results for Jun-30-2026.
• AGM scheduled for Sep 24, 2026; book closure Sep 18–24, 2026.
• Scrutinizer appointed for remote e-voting and AGM.
• Directors' Report and Secretarial Audit Report adopted.

Audit & reporting

• Independent Auditor's Limited Review Report issued; no material misstatement identified.

Notes

• Company operates in Financial Services; no separate segment reporting.

Libord Securities Ltd board meeting filing; no date/time venue disclosed

Dematerialisation processing and listing

• Dematerialisation requests received in the quarter were processed (accepted/rejected) by the RTA.
• The dematerialised securities have been listed on exchanges where the original securities are listed.
• Certificates received for dematerialisation were mutilated and cancelled after verification, depository name updated within 15 days.