Shree Salasar Investments Ltd

AGM Details

• AGM held on 29 Sep 2026 at 11:30 A.M. via VC/OAVM; concluded 12:05 P.M.

Ordinary Business

• Adopt Audited standalone and consolidated financial statements for FY ended 31 March 2026.
• Re-appoint Ms. Chetana Ramakant Dasare as director by rotation.
• Appoint Statutory Auditor M/S B. L. Dasharda & Associates.
• Appoint M/S B. L. Dasharda & Associates to fill casual vacancy.

Special Business

• Appoint Sumesh Ashok Mishra as Director and Independent Director.

Voting Status

• Voting results to be announced within two working days.

Shree Salasar Investments Limited - Trading Window will remain closed from October 1, 2026 till FortyEight (48) hours after the declaration of Unaudited Financial Results for the quarter ended September 30, 2026

Resolution details

• Special resolution to alter objects of the issue for 18,50,000 warrants on a preferential basis.
• Corrigendum dated 12 September 2026 revised the objects and re-opened remote voting.
• Total valid votes: 5,283,962; in favour: 5,282,960 shares; against: 2 shares.
• Result: Special resolution passed with requisite majority.
• No fresh EGM; remote e-voting only on the altered item.
• Promoter group attendance: 0 in person, 1 via video conferencing.
• Potential dilution on warrant exercise; no allotment or shareholding changes yet.
• Objects: issue of 18,50,000 warrants via private placement.
• No board or management changes disclosed.
• Corrigendum altered the objects of the issue for Item 1.

Resolution summary

• Alteration to Objects of the Issue for 18.5 lakh warrants via private placement.
• Special resolution approved; 12 remote votes in favour and 2 against; majority.
• Promoter Group had no voting participation; one promoter attendee via VC.
• Corrigendum dated 12 September 2026 altered Objects; re-opened remote e-voting for Item 1.
• No fresh EGM; voting conducted via remote e-voting.
• Intended use of proceeds not specified.
• No material changes to board or governance disclosed.
• Results recorded per Scrutinizer's Report; Annexure-1 provided.

Objects of Issue Altered

• Altered to include real estate expansion via subsidiary investments and SPVs.
• Issue of 18,50,000 warrants on preferential basis to promoter and identified non-promoters.
• Funds to meet capital requirements and general corporate purposes.
• Purpose includes working capital, growth, and timely order execution.

E-voting Re-opening

• E-voting re-opened 16 September to 22 September 2026.
• All members as on 16 March 2026 cut-off may vote again.
• Platform: Purva Sharegistry; Scrutinizer: Mayank Arora.

Existing Approval Status

• Special resolution passed on 23 March 2026 remains valid.
• Corrigendum seeks approval only for alteration to Objects.

Book closure for 46th AGM

• Cut-off/Record Date fixed as September 22, 2026.
• Register of members and share transfer books closed from September 23 to 29, 2026 (inclusive).
• Purpose is to determine eligibility for the 46th Annual General Meeting.

Financial snapshot

• Standalone revenue from operations and other income: Rs 157.74 Lakh; net profit Rs 108.34 Lakh.
• Consolidated revenue from operations and other income: Rs 11,273.18 Lakh; net profit after tax Rs 1,843.78 Lakh.
• Earnings per share (Standalone): Rs 1.55 (basic/diluted).
• Earnings per share (Consolidated): Rs 26.45.
• Dividend for 2025-26 was not declared.
• Standalone cash from operations: Rs 797.28 Lakh; Consolidated Rs 1,698.01 Lakh.
• Total consolidated borrowings: Rs 9,243.54 Lakh.
• Gearing ratio (Consolidated): 0.74.

Subsidiaries and group structure

• Vinca Realtors Private Limited revenue Rs 10,036 Lakh in FY26.
• Marine Drive Realtors Private Limited revenue NIL.
• Consolidated subsidiaries include Vinca Realtors Pvt Ltd and Marine Drive Realtors Pvt Ltd.
• Hariyana Developers (Partnership) holds 87.5% within the group.
• Form AOC-1 Annexure I provides subsidiary performance details.
• Group policy for material subsidiaries disclosed on the company website.

Capital structure and debt

• Total consolidated borrowings: Rs 9,243.54 Lakh.
• Promoter and minority interests: minority interest Rs 56.87 Lakh.
• Issued capital: 69.72 million shares; paid-up Rs 697.20 Lakh.
• Share issuance during the year: 10.70 lakh shares; Rs 107.00 Lakh raised.
• Consolidated equity Rs 6,994.91 Lakh; minority interest Rs 56.87 Lakh.
• Total assets on consolidation: Rs 27,729.62 Lakh.
• Promoter holdings include substantial promoter stake; details in notes.

Governance and board

• Board size five; Executive MD Shailesh Hingarh.
• Ananda Bhattacharya appointed Independent Director on 30 Aug 2025.
• Abhishek Shah ceased to be director on 27 Oct 2025.
• Board meetings: eight in FY2025-26.
• Audit Committee met four times; NRC met three times; Stakeholders' Relationship Committee met two times.
• CEO/CFO certification attached; code of conduct in place.

Audit, risk and internal controls

• Statutory auditors: Satya Prakash Natani & Co for FY2025-26; BL Dasharda & Associates appointed 2026-31.
• Secretarial auditor: Mayank Arora & Co; Internal auditor: PNSV & Co.
• No fraud reported; CEO & CFO certification attached.
• Internal control framework deemed adequate; risk management processes in place.

Management discussion and governance disclosures

• Revenue growth at consolidated level driven by subsidiaries; standalone revenue modest.
• CSR not applicable due to profitability thresholds.
• Company emphasizes go-green communications; notices and disclosures posted on website.
• Independent directors attended a separate meeting to assess governance and internal controls.

AGM and shareholder communications

• 46th AGM: September 29, 2026, via VC/OAVM.
• Remote e-voting window: 26-28 September 2026; cut-off date 22 September 2026.
• No proxy allowed due to MCA circulars; queries may be raised via email.
• Annual return and notices available on company website.