Sheraton Properties & Finance Ltd

Sheraton Properties & Finance Ltd — Trading window closed from Oct 1, 2026 until 48 hours after the declaration of Un-Audited Financial Results for the quarter and half year ended Sep 30, 2026

AGM details

• AGM held Sept 30, 2026, 1:00–1:30 PM, physical meeting at Mumbai registered office.
• Remote e-voting facility available Sep 27, 9:00 AM to Sep 29, 5:00 PM.

Resolutions

• Resolution 1: Adoption of Audited Financial Statements for year ended March 31, 2026.
• Resolution 2: Director reappointment by rotation (Meenakshi Jayesh Bhansali).
• Resolution 3: Approval of material related party transactions.

Voting status

• Voting results pending; to be communicated after Scrutinizer’s report.

AGM Details

• Date/time/mode: AGM in physical mode at the registered office, 1:00 PM IST.
• Addendum clarifies Item No. 3 relates to material related party transactions.

Resolutions

• Item No. 3: Approval of material related party transactions.

RPT Details

• Nature: loan to a related party; omnibus approval sought.
• Tenure: till next AGM; source of funds: own.
• Total proposed value disclosed; transaction qualifies as material RPT.
• Purpose: for main business activities; terms to be at arm's length.
• No promoter/KMP interest disclosed other than stated.
• Proposed transaction value as percentage of annual turnover (material RPT) mentioned in annexure.

AGM notice and shareholder actions

• AGM scheduled Sep 30, 2026 at 1:00 PM IST at registered office.
• Annual Report 2025-26 available online at sheratonproperties.in/annual-reports.
• Cut-off date for email registration: 28 Aug 2026.
• Reminder to update KYC and dematerialise physical securities per SEBI circular 2024.
• KYC nomination forms available on the company website.
• Electronic payment mode required for physical folios lacking PAN, nomination, or bank details.
• Investor helpdesk available for queries.
• Please update email address to receive important information and documents.

Financial highlights

• Total income 917.46 lakh; up from 904.77.
• Profit after tax 642.27 lakh.
• Total comprehensive income (loss) (4215.60) lakh.
• Net worth: 18530.86 lakh.
• Dividend: no dividend declared.
• Authorized capital 1.25 crore; paid-up 1.20 crore.

Capital and liquidity

• Debt-free; no long-term borrowings.
• Inter-company deposits/loans: 2,955.00 lakh outstanding.
• Intercompany loan to Met-Lok Hydro Pneumatics: 1,145.00 lakh.
• Total assets: 18,531.49 lakh.

Related party transactions & governance

• Material related party transactions with MET-LOK HYDRO PNEUMATICS PRIVATE LIMITED.
• Capital contribution and loans to related party: 50 Crores per annum.
• RPT approvals via Ordinary Resolution; arm's length basis.
• New independent directors appointed: Nilesh Sheth and Mansi Srivastava (Aug 2025).
• Outgoing independent directors ceased Aug 2025: Aditya Srivastava and Dipesh Sanghvi.

Governance & audit

• Statutory auditors: BL Dasharda & Associates; remuneration Rs 35,000 plus GST.
• Secretarial auditors: Rathi & Associates; ASCR delay penalty paid.
• CEO/CFO certification submitted; independence declarations obtained.
• Board: 5 directors; 2 Independent; Chairman independent.

CSR policy and impact

• CSR spend 24.75 lakh; 2% base 24.67 lakh; excess 0.08.
• CSR policy focuses Art & Culture in Mumbai.
• Projects disclosed on company website.

Market and shareholding

• Listed on BSE; listing fees paid.
• Share capital: 12,00,000 equity shares; Rs 10 each.
• Promoter group holds ~74% across four entities.
• Demat: 75.39%; physical 24.61%.

Outlook and risks

• Directors optimistic about future performance.
• No major risk flags disclosed in this filing.

AGM Details

• AGM date fixed for 30 September 2026; time and mode not specified.
• Register and share transfer books closed 24–30 September 2026.
• Record date for remote e-voting fixed for 23 September 2026.

Resolutions / Agenda Items

• Approval of the notice for the 41st AGM.
• Closure of Register of Members and Share Transfer Books.
• Record date for remote e-voting fixed for AGM.
• Re-appointment of M.R.V & Co., Chartered Accountants as Internal Auditor for FY 2026-27.

Auditor Appointment

• Internal Auditor re-appointed for FY 2026-27.

Key board actions

• Approved unaudited standalone quarterly results for the quarter ended 30 June 2026.
• Limited Review Report on the results issued by B. L. Dasharda & Associates.
• Audit Committee recommended, Board approved the results at meeting held on 13 August 2026.
• Independent Auditor's Review Report stated no material misstatement and moderate assurance.
• Company operates in a single segment.

Meeting Details

• Board meeting scheduled for 13 August 2026; time and venue not disclosed.

Key Agenda Items

• Consider and approve unaudited financial results for the quarter ended 30 June 2026.
• Trading window for designated persons and relatives closed from 1 July 2026 until 48 hours after results.

Other Notes