Sarvamangal Mercantile Company Ltd

Sarvamangal Mercantile Company Limited — Trading Window closed from October 01, 2026 till forty eight hours after the declaration of Unaudited Financial Results of the Company for the Second quarter ended on September 30, 2026

AGM Details

• Date and time: 16 September 2026, 11:00 IST.
• Mode: In-person at the registered office with remote e-voting.
• Record date: 11 September 2026.
• Quorum present; meeting concluded at 11:30 IST.

Key Resolutions

• Resolution 1 (Ordinary): Adoption of Audited Financial Statements.
• Resolution 2 (Ordinary): Re-appointment of Vandana Somani by rotation.

Voting Results

• Resolution 1: Passed with 100% in favor.
• Resolution 2: Passed with 100% in favor.

Dividend

• No dividend proposed or declared.

Director Changes

• Director re-appointment: Vandana Somani by rotation.

Auditor Appointments

• No auditor appointment changes announced.

Other Material Approvals

• No other material approvals reported.

Financial snapshot

• Total income: Rs 124.66 Lakhs; down 50.65% YoY.
• Net profit: Rs 41.12 Lakhs; down 76.92% YoY.
• Current tax: Rs 12.58 Lakhs.
• EPS: Basic & Diluted Rs 16.52 per share.
• Dividend: no dividend declared for 2025-26.
• Authorized share capital Rs 50.00 Lakhs; paid-up capital Rs 24.90 Lakhs.

Capital structure & liquidity

• Borrowings: Rs 693.37 Lakhs as of 31-03-2026.
• Total equity: Rs 5845.22 Lakhs; total assets: Rs 6626.32 Lakhs.
• Debt-to-equity: 0.12x; Current ratio: 2.53x.
• Cash & cash equivalents: Rs 1.96 Lakhs.

Investments & assets

• Non-current investments total Rs 64.04 Crores; diversified across listed/unlisted holdings.
• Major holdings include Kopran Ltd, Oricon Enterprises Ltd, Libord Securities.
• Significant FVOCI movements; equity instruments reported under OCI.

Governance & leadership changes

• Vandana Somani ceased as MD on 07-08-2025; Namrata Somani appointed MD from 07-08-2025.
• Varun Somani resigned as Non-Executive Director on 07-08-2025.
• Audit Committee (as of 31-03-2026): Surendran Nair (Chair), Rajive Bafna (Member), Namrata Somani (Member).
• Nomination & Remuneration Committee: Rajive Bafna (Chair), Surendran Nair (Member), Vandana Somani (Member).

Audit, controls & compliance

• Statutory auditors: Devpura Navlakha & Co; audit fees Rs 35,000.
• Secretarial auditor: Smita Prabhu & Associates; Annexure A unqualified.
• Internal financial controls are adequate and operating effectively.
• There was no fraud reported during the year.

Management discussion & risk

• MD&A notes India’s GDP growth of 6.5-6.9% for FY2026-27; consumption healthy.
• Business focus: financial services; income mainly from investments/dividends.
• Opportunities: long-term investments to generate capital value.
• Risks: market-linked returns; geopolitical volatility; need for export/diversification.

Shareholding & corporate actions

• Promoter holdings total ~61% of equity; Vandana Somani 23.49%, Varun Somani 13.65%.
• Promoters held 61% of equity shares at year-end.
• 43rd AGM notice issued; e-voting planned Sep 13-15, 2026; AGM Sep 16, 2026.

Reg 29(2) Disclosure

• Disclosure under Regulation 29(2) from promoter group enclosed for Sarvamangal Mercantile Company Limited.

Financial results approved

• Unaudited quarterly results for quarter ended 30 June 2026 approved.
• Total income Rs 30.80 lakh; revenue from operations Nil.
• Profit after tax Rs 11.09 lakh; basic/diluted EPS Rs 4.45.
• OCI from FVOCI investments Rs 1,931.91 lakh; total comprehensive income Rs 1,943.00 lakh.
• Paid-up capital Rs 24.90 lakh; equity capital unchanged.

Governance and regulatory notes

• Audit Committee reviewed results; Statutory Auditors expressed unmodified conclusion.
• Only one business segment; segment reporting not applicable.
• Statement prepared under Ind AS and reviewed under Regulation 33 of SEBI LODR.

Dematerialisation/rematerialisation status

• Dematerialisation requests processed and confirmed to depositories; securities listed on stock exchanges of existing issues.
• Physical certificates received for dematerialisation mutilated and cancelled after verification; depository name substituted as registered owner within timelines.

Financial results

• Approved audited financial results for quarter and year ended March 31, 2026.
• Results covered standalone financial statements, asset-liability statement, and cash flow statement.
• Auditor issued an unmodified opinion on the audited financial results.

AGM

• Approved notice for the 43rd Annual General Meeting.
• AGM scheduled for September 16, 2026 at 11:00 A.M.