Shreenath Investment Company Ltd

Shreenath Investment Company Limited — Trading Window closed from 1st October, 2026 till 48 hours after the declaration of Un-audited Financial Results for the quarter and half yearly ended 30th September, 2026.

AGM Details

• AGM held on 22 Sep 2026 at 3:00 PM at registered office; physical meeting with remote e-voting.

Resolutions

• Resolution 1 (Ord): Adoption of audited financial statements for year ended 31 March 2026.
• Resolution 2 (Ord): Re-appointment of Ashwin Pukhraj Jain as Director by rotation.
• Resolution 3 (Ord): Appointment of Mahesh Patira & Associates as statutory auditor for five years.
• Resolution 4 (Special): Remuneration payable to Jatin Jain, Managing Director.

Voting Results

• Resolution 1: Passed with requisite majority; all votes in favor.
• Resolution 2: Passed; all votes in favor.
• Resolution 3: Passed; all votes in favor.
• Resolution 4: Passed; all votes in favor.

Governance Actions

• Director re-appointment: Ashwin Pukhraj Jain re-appointed by rotation.
• Auditor appointment: Mahesh Patira & Associates appointed as statutory auditor for five years.
• MD remuneration: Remuneration approved for Jatin Jain.

Director changes

• Reappointment of Ashwin Pukhraj Jain as Director, effective 22 September 2026.
• Term: liable to retire by rotation.
• Profile: Commerce graduate with 35 years’ experience, guiding Security Market activities.
• Relationship: not related to any existing directors.

Auditor changes

• Appointed Statutory Auditor: M/s. Mahesh Patira & Associates (FRN: 136900W).
• Term: five consecutive years from FY 2026-27 to FY 2030-31.
• Date of appointment: 22 September 2026.
• Brief profile: firm with over 30 years' experience in accounting, auditing, taxation, advisory.

AGM Details

• Date/time/mode: late Sept 2026, 3:00 PM, in-person at registered office.
• Quorum met; 11 members attended; no proxies.
• Remote e-voting: 19–21 Sept 2026; Scrutinizer appointed.
• Meeting concluded at 4:00 PM.

Ordinary Business

• Adoption of Audited Financial Statements for FY ended March 2026; outcome not disclosed.
• Appointment/re-appointment of Ashwin Pukhraj Jain as Director on rotation.
• Appointment of Mahesh Patira & Associates as Statutory Auditor for five years.

Special Business

• Approval of remuneration payable to Managing Director.

Directors

• Ashwin Pukhraj Jain up for re-appointment as Director.

Auditors

• Mahesh Patira & Associates appointed as Statutory Auditor for five years (FY 2026-27 to 2030-31).

Book closure details

• Book closure for equity shares, 12-21 Sep 2026 (inclusive), for 46th AGM on 22 Sep 2026.

AGM Details

• 46th AGM scheduled for Tuesday, 22 September 2026 at 3:00 PM.
• Venue: 801-802, Dalamal Towers, Nariman Point, Mumbai.
• Mode: Physical meeting.
• Record/Book closure: 12-21 September 2026 (inclusive).

Ordinary Business Resolutions

• Adopt Audited Financial Statements for year ended 31 March 2026.
• Re-appoint Ashwin Pukhraj Jain as Director on rotation.
• Appoint M/s Mahesh Patira & Associates as Statutory Auditors for five years.

Special Business Resolution

• Increase MD remuneration ceiling to INR 1.50 crore per annum for remaining tenure, subject to approvals.

Auditor Appointments

• Statutory Auditor appointed for five-year term commencing from 2026-27.

Voting Status

• Voting results not disclosed in the notice.

Financial highlights

• Total income ₹643.14 lakh in FY2025-26, down from ₹829.86 lakh prior year.
• Net profit after tax ₹163.33 lakh vs ₹225.54 lakh last year.
• EPS ₹65.33 for FY2025-26, ₹90.22 in FY2024-25.
• No dividend declared for FY2025-26.
• Net cash from operating activities negative for FY2025-26.
• Total equity ₹35,022.77 lakh; total assets ₹43,644.60 lakh.

Investments & portfolio

• FVOCI investments ₹36,302.01 lakh; FVPL investments ₹7,304.69 lakh.
• Mutual fund holdings include HDFC Liquid ₹4,688.17 lakh and HDFC Overnight ₹2,077.14 lakh.

Dividends & capital allocation

• Dividend declared for the year: none (nil).
• MD remuneration ceiling raised to ₹1.50 crore per annum for remaining tenure.
• FY2025-26 MD remuneration: ₹66.00 lakh salary + ₹22.00 lakh incentive.
• FY2026-27 remuneration: ₹72.00 lakh salary + ₹15.00 lakh incentive.

Governance & board

• Board comprises MD Jatin Jain, Ashwin Jain; Independent directors Renu Jain, Ritesh Chopra, Bhavya Sundesha.
• Seven board meetings held in FY2025-26.
• Audit Committee: 3 directors; NRC met once on 27 Oct 2025.
• Secretarial Auditor: M/s Pramod S. Shah & Associates; MR-3 attached; no qualifications.

Audit & risk management

• Statutory auditors: M/s Mahesh Patira & Associates appointed for 2026-31; prior vacancy filled by casual appointment.
• Key audit matter: revenue recognition from commodity trading.
• Internal financial controls deemed adequate; no material weaknesses reported.
• No frauds reported during the year.

CSR & ESG

• CSR committee held meetings on 27 May 2025 and 7 Nov 2025.
• CSR expenditure ₹36.00 lakh; average net profit ₹18.596 crore; CSR obligation ₹35.38 lakh.
• Balance carried forward ₹0.61 lakh; project: Foundation for Liberal & Management Education.

Capital structure & liquidity

• Equity share capital ₹25.00 lakh; promoter group holds 68.82%.
• Total equity ₹35,022.77 lakh; total assets ₹43,644.60 lakh.
• Short-term borrowings ₹3,950.00 lakh; net debt to equity 0.11.
• 96% dematerialised; shareholding pattern: promoters 68.82%, corporates 13.66%, public 17.52%.

Outlook & risks

• Global economy remains uncertain; India expected to grow strongly in FY2026-27.
• Company to pursue prudent, value-focused investment opportunities.

Financial results and auditor

• Unaudited standalone quarterly results for quarter ended June 30, 2026 approved by Board.
• Limited Review Report for the quarter ended June 30, 2026 enclosed; auditors issued unmodified opinion.
• Audit Committee reviewed results; company operates in a single segment; no extra Ind AS 108 disclosures.
• EPS not annualised for the quarter.