Ontic Finserve Ltd

AGM details

• AGM held 30 Sep 2026, 01:00–02:30 PM, physical at registered office.

Key resolutions

• Adoption of Audited Profit & Loss Account, Balance Sheet, and Auditors Report for year ended 31 March 2026.
• Approval of Reduction and Consolidation of Share Capital.

Ontic Finserve Ltd: Trading Window closed from 1st October, 2026 till end of 48 hours from the submission of financial result for the quarter ended 30th September, 2026.

Financial highlights

• Revenue from operations: 96.18 Lakh.
• Total income: 109.42 Lakh.
• Net profit after tax: 54.17 Lakh.
• Earnings per share: Basic 0.06; Diluted 0.06.
• Dividend: not recommended.

Cash flows & liquidity

• Net cash from operating activities: 54.83 Lakh.
• Net cash from investing activities: (32.36) Lakh.
• Net cash from financing activities: (0.01) Lakh.
• Closing cash and cash equivalents: 25.91 Lakh.

Capital structure & equity

• Authorized share capital: Rs 60 Crore.
• Share capital: 900.03 Lakh.
• Net worth: 377.26 Lakh.
• Borrowings - short-term: 35.00 Lakh.

Governance & auditors

• New statutory auditor: Nirav S Shah & Co.
• Past auditors K M Chauhan resigned in 2025.
• Secretarial audit flags internal auditor requirement.

Capital reduction plan

• Scheme reduces capital from 9,00,03,000 to 90,00,300 shares.
• Post-reduction, ten Re 1 shares consolidate into one Rs 10 share.
• No cash payout; losses offset against capital.
• Fractional entitlements pooled; trustee to sell and distribute proceeds.
• Effective date after NCLT confirmation; ROC filing.
• Record Date fixed within 90 days; actions window.
• Scheme approved by members via special resolution.

AGM & investor notices

• AGM scheduled 30 Sep 2026; record date 23 Sep 2026.
• Voting via remote e-voting facility provided.

AGM Details

• Date and time: 30 September 2026, 1:00 PM at the registered office.
• Mode: physical meeting at the registered office.
• Register of Members and Share Transfer Books closes 23 Sep to 30 Sep 2026.
• Record date: 23 September 2026.

Resolutions

• Ordinary Resolution: Adopt Audited financial statements, Directors' report, and Auditors' report.
• Special Resolution: Reduction of paid-up capital and consolidation under the Scheme.
• Subject to NCLT confirmation and other approvals.
• No cash payout to shareholders; reduction adjusted against accumulated losses.
• Accounting treatment to be as per Scheme and applicable accounting standards.
• Fractions to be pooled and sold; net proceeds to shareholders.
• Effective date upon Tribunal order; Record Date to be fixed by the Board.
• Board authorized to file petitions, execute documents, and implement the Scheme.

Financial results

• Total income 109.42 Lakh; standalone year ended 31 Mar 2026.
• Revenue from operations 96.18 Lakh; other income 13.23 Lakh.
• Net profit after tax 54.17 Lakh; earnings per share 0.06.
• Dividend not declared; profits allocated to reserves.

Capital structure & capital reduction

• Special resolution approved for reduction and consolidation of share capital.
• No cash outflow to shareholders; accounting adjustments to reserves.
• Post-scheme share capital: 9,00,030 equity shares of Rs 10 each.
• Scheme subject to NCLT confirmation and other approvals.

Dividend & reserves

• No dividend declared for FY2025-26.
• Current year profit transferred to reserves.

Governance changes

• Resignations: Sakariya and Ayush Patel (Nov 17, 2025); Vishwambar Singh (Mar 19, 2026).
• Remuneration committee member Kruti Kapadia resigned (Jul 22, 2026).

Audit, internal controls & compliance

• Auditors: Nirav S. Shah & Co appointed; prior K M Chauhan resigned mid-year.
• Secretarial audit flagged non-compliances: internal auditor not appointed; MD appointment not as per law.
• Audit trail in accounting software not enabled for all periods.

Operations & liquidity

• Loans and advances: Rs 272.80 Lakh extended during year; outstanding Rs 368.06 Lakh.
• Short-term borrowings: Rs 35.00 Lakh.
• Cash balance: Rs 25.91 Lakh; no material deposits.

Management discussion & risks

• Growth slowing; downward trend vs prior year due to market conditions.
• Risks include equity/commodity/real estate volatility and interest rate changes.

Annual meeting & AGM

• AGM scheduled for 30 Sept 2026; e-voting 27-29 Sept 2026; record date 23 Sept 2026.

Appointments

• Appointed PCS Jitendra Parmar as Secretarial Auditor for FY 2025-26.

Financial results approval

• Board approved unaudited standalone results for quarter ended 30 June 2026, with Limited Review Report.

Results availability

• Results to be available on BSE website and onticfinserve.in.

Board meeting timing

• Board meeting commenced at 2:00 PM and concluded at 3:00 PM.

Meeting Details

• Board meeting scheduled for 14 August 2026; time and venue not disclosed.

Key Agenda Items

• Unaudited financial results for the quarter ended June 30, 2026 to be considered.
• Any other matter with the chair's permission.

Other Notes

• Trading window closed from 1 July 2026 until 48 hours after conclusion of the meeting.

Board meeting cancellation & trading window

• Board of Directors meeting for July 16, 2026 was canceled; no business transacted.
• A revised date will be announced; trading window remains closed until 48 hours after financial results are declared.