S & T Corporation Ltd

AGM details

• AGM held on 28 September 2026 at 11:30 AM via VC/OAVM.
• E-voting cut-off date: 21 September 2026.
• Total shareholders as on cut-off: 26,090.
• Meeting attended via VC: promoter group 3, public 54.
• Results announced on 28 September 2026.

Resolutions and outcomes

• Ordinary: Adopt Audited Financial Statements for FY ended 31 March 2026 — passed with high support.
• Ordinary: Re-appoint Dhaval Savai as Director, retire by rotation — passed with high support.

AGM resolutions

• Ordinary business: adopt Audited Standalone and Consolidated Financial Statements for year ended March 31, 2026.
• Re-appointment of Dhaval Savai (DIN 07003711) as director on retirement by rotation.
• Voting: remote e-voting conducted and post-meeting e-voting available.
• Consolidated voting results to be submitted to BSE and uploaded on the company site.
• Meeting held via VC/OAVM with deemed location at the registered office.

S&T Corporation Limited – Closure of Trading Window from closing hours of September 30, 2026 till 48 hours after the declaration of Unaudited Financial results for the Second quarter and Half year ended September 30, 2026 (FY 2026-27).

Folio J01508 - Duplicate issued

• Folio J01508: Jyoti J Shah & Jasvant M Shah, 230 shares; old 6352, new 19703; 2153146–2153375; lost.
• Duplicate certificate issued.

Financial snapshot

• Standalone total revenue: 250.17 Lakhs; YoY rise from 45.54.
• Standalone operating revenue: 232.63 Lakhs; YoY rise from 26.69.
• Consolidated total revenue: 250.17 Lakhs; Consolidated net profit after tax: 0.21.
• Standalone net profit after tax: 1.24 Lakhs; prior year 6.97.
• EPS: Standalone 0.02; Consolidated 0.00.
• Dividend for FY26: None declared.
• Tax expenses for FY26 were nil.

Business segments & operations

• Company resumed yarn, textile trading, and leasing of properties; three segments.
• Three segments: Real Estate Development; Yarn/Textile Trading; Leasing of Properties.
• Textile trading income 191.85 Lakhs; Real estate income 22.62; Rent income 18.16.
• Net revenue from operations: 232.63 Lakhs; prior year 26.69.
• Consolidated results include Ssavai Smart Abodes LLP (95% holding).
• FY26 operating revenue grew strongly versus FY25.

Capital structure & ownership

• Equity share capital: 31,83,12,05 shares of Rs 2 each (Rs 636.62 Lakhs).
• ISIN INE110Q01023; dematerialisation available for equity shares.
• Demat shareholding: 81.15% of paid-up capital as of 31 Mar 2026.
• Promoter holdings (31/03/2026): Ajay Savai 24.72%, Trishna Savai 11.28%, Dhaval Savai 9.17%, Sonal Savai 10.20%, Surendra Savai 0%.
• Capital structure unchanged; listed on BSE; listing fees paid for FY2026-27.

Governance & controls

• Statutory auditors: MLR & Associates LLP; Secretarial auditor: M P Sanghavi & Associates LLP.
• Board comprises 7 directors; 2 Executive, 3 Independent, 2 Non-Executive.
• Independent Directors declared eligibility; familiarisation programs on company website.
• Internal controls are adequate; no material weaknesses reported.

Related party & disclosures

• Significant related party balances: Rajyog Realtors loan 753.28; Rajyog Enterprises 208.42; Rajyog Construction 4.21; Victory Realtors 6.50.
• Ssavai - Smart Abodes LLP balance: 5.40; related party transactions disclosed in notes.
• Share of profits and interest from related firms not yet finalized; accounting deferred.

AGM, e-voting & governance notes

• 42nd AGM scheduled Monday, 28 September 2026, via VC/OAVM.
• Remote e-voting window: 25-27 September 2026; cut-off 21 September 2026.
• Scrutinizer: Pushpal Sanghavi; MUFG Intime India for e-voting.

Outlook, risks & macro environment

• Indian economy resilient; RBI projects ~6.9% GDP in 2026-27.
• Real estate and textile sectors positive; infrastructure push supports growth.
• Risks: rising land costs, material costs, interest rates, regulatory delays.

AGM details

• Date and time: 28 September 2026 at 11:30 AM; mode: VC/OAVM; deemed location: registered office.

Resolutions

• Ordinary business: Adopt Audited Standalone and Consolidated Financial Statements for the year ended 31 March 2026.
• Ordinary business: Re-appoint Dhaval Ajay Savai, retiring by rotation.

Voting

• Voting results not disclosed in the filing.
• Remote e-voting period: 25 September 2026 to 27 September 2026; cut-off date: 21 September 2026.

Dividend

• Dividend for FY2025-26: None declared.

Director changes

• Director Dhaval Ajay Savai to be considered for re-appointment.

Auditors

• Statutory auditors MLR & Associates LLP continue; tenure up to the 45th AGM (2030).

Related party transactions

• No material related party transactions; related party policy in place; disclosures in notes.

Other material approvals

• CSR not applicable; no ESOP or other material approvals indicated.

Financial results and disclosures

• Unaudited standalone and consolidated Q1 FY2026-27 results approved (quarter ended 30 June 2026).
• Results subjected to limited review by statutory auditors; annexures enclosed.
• Statement on deviation for proceeds - Not Applicable; no default on loans or debt securities.
• Consolidated results include Ssavai Smart Abodes LLP; subsidiary's interim statements not reviewed.

Appointment and governance update

• Akanksha Motwani appointed Company Secretary and Compliance Officer, effective 07 Aug 2026 (ACS-62491).
• Annexure B provides appointment details and profile.