Milgrey Finance & Investments Ltd

AGM Details

• AGM held on 30 September 2026 at 12:30 PM, physical at registered office.
• Quorum present; meeting concluded at 1:00 PM.

Resolutions

• Item 1: Ordinary resolution to adopt standalone audited financial statements for FY2026 with Directors' and Auditors' reports.
• Item 2: Ordinary resolution to re-appoint director by rotation (Abhay Narain Gupta).

Voting & Results

• E-voting results pending; declaration after scrutinizer report.
• Results to be placed on company and CDSIL websites.

Scrutinizer

• Scrutinizer appointed: CS Chirag Jain, Practicing Company Secretary.

Financial performance

• FY2025-26 revenue from operations and other income: (84.33) lakhs.
• Total expenses: 43.21 lakhs.
• Profit before tax: (127.54) lakhs.
• Profit after tax: (127.54) lakhs.
• EPS (basic/diluted): (0.59) Rs.
• Dividend not recommended due to loss.
• No transfer to reserves during the year.

Capital structure & liquidity

• Authorized share capital: Rs 36 crore.
• Issued & subscribed capital: Rs 21.541 crore.
• Borrowings: Rs 50.91 crore.
• Total equity: Rs 32.80 crore.
• Cash and cash equivalents: Rs 2.28 crore.
• Current ratio: 1.12.
• Debt-to-equity ratio: 1.55.
• Dematerialised shares: NSDL 74.92%, CDSL 20.31%, Physical 4.77%.

Governance and risk

• Board comprises 6 directors; promoter and independent mix.
• Audit, Nomination & Remuneration, and Stakeholders Committees in place.
• Eight board meetings conducted in the year.
• Secretarial audit by JCA & Co; report annexed.
• Going concern basis; management to commence activities shortly.
• Secretarial audit flagged gaps: annual returns not filed; new CS appointed 04-Jun-2026.
• Internal controls are robust; no material weaknesses observed.

Related party transactions

• Loans and advances with Profin Capital Services: Rs 941.78 lakh outstanding.
• Borrowings from related parties: Abhay Gupta Rs 50.76 lakh; Rashi Gupta Rs 364.15 lakh.
• All related-party transactions reported at arm's length; Annexure II filed.

AGM & investor information

• 43rd AGM on Sept 30, 2026 at 12:30 PM at registered office.
• E-voting from Sept 27-29, 2026; cut-off Sept 23, 2026.
• Notice and Annual Report available at milgrey.in.
• Share transfer agent: Adroit Corporate Services.

Shareholding & equity details

• Promoter group hold 3.9%; public 96.09% as of 31-Mar-2026.
• Total equity shares issued: 2,154,1250 (2,154,1250? rounded: 2,154,1250).
• ISIN: INE679T01013; Scrip: ZMILGFIN.
• Dematerialisation: NSDL 74.92%, CDSL 20.31%, Physical 4.77%.

Operational posture & outlook

• Company has not carried out significant operations; accounts prepared on going concern basis.
• Management emphasizes risk management policy and ongoing plans to commence activities.

Board meeting adjournment

• Meeting adjourned per Regulation 29 of SEBI LODR; rescheduled to 04 September 2026.

Meeting Details

• Date scheduled: 03 September 2026; time and venue not disclosed.

Key Agenda Items

• To fix date, time and venue of 43rd AGM and approve Director's report with annexures.
• To consider and approve book closure for the 43rd AGM.
• To transact incidental and ancillary matters as may be decided by the Board with chairperson's permission.

Change in registered office address

• Previous registered office: 31, Whispering Palms Shopping Centre, Kandivali (E), Mumbai 400101.
• New registered office: 503, Western edge II, Western Express Highway, Borivali (East), Mumbai 400066.
• Effective date: August 28, 2026.
• Within the same city (Mumbai, Maharashtra).
• Reason: Board consent for address shift.
• Approvals: Board approval obtained.
• Impact: No operational impact disclosed.

Acquisition proposal

• Board approved acquisition of 60% equity stake in Fidus Parkland Pvt Ltd.
• Transaction to be executed via share swap; swap ratio to be determined by independent valuations.
• Valuation basis: target company valued at ₹83 crores.
• Cost of acquisition: ₹49.80 crores.
• Timeframe: completion on or before 31 March 2027.
• Target operates in real estate; acquisition aims to diversify Milgrey into real estate.
• Related party status: not a related party.
• No governmental or regulatory approvals required.

Revenue figure correction

• Correct Revenue from operations for June 2026 quarter is 0; typo showed 2353.72 lakhs.
• Board meeting outcome dated 13 August 2026 remains unchanged except for this rectification; revised outcome provided.
• Rectification described as clerical/unintentional; no deliberate manipulation of disclosed information.

Financial results and audit note

• Approved unaudited standalone results for the quarter ended 30 June 2026.
• Took note of the Limited Review Report.
• Further audited results available on the company's website.

Board meeting adjourned

• Board meeting adjourned; rescheduled to 21 August 2026.
• Meeting to consider acquisition of a specified percentage of equity shares in Fidus Parkland Pvt Ltd.
• Original meeting date was 13 August 2026.

Board meeting adjournment

• Board meeting re-scheduled from Aug 11 to Aug 13, 2026 to consider and approve Q1 2026 unaudited results.