South Asian Enterprises Ltd

Dematerialisation processing and listing

• Securities received for dematerialisation in the quarter ended 30 September 2026 were confirmed to the depositories.
• Securities dematerialised have been listed on the stock exchanges where the earlier securities are listed.
• Security certificates received for dematerialisation were mutilated and cancelled after due verification by the depository participant.
• The depository's name was substituted as registered owner in the register of members within 15 days.

AGM Details

• Date and time: 25 September 2026, 12:30 p.m.
• Mode: Video Conference / OAVM.
• Concluded: 12:49 p.m.
• Record date: 18 September 2026; shareholders on record: 5,092.

Resolutions and outcomes

• Resolution 1: Adoption of Audited Financial Statements; Passed with 2 votes against.
• Resolution 2: Reappointment of Tej Bhan Gupta as Director by rotation; Passed.
• Resolution 3: Reappointment of Neeraj Arora as Director by rotation; Passed.
• Resolution 4: Re-appointment of Tej Bhan Gupta as Managing Director; Passed as Special.
• Resolution 5: Reappointment of Anup Mehrotra as Whole-Time Director; Passed.
• Resolution 6: Appointment of Rakesh Srivastava as Independent Director; Passed.

• Routine closure of trading window notice by issuer.

AGM Details

• Date, time, mode: 25 September 2026, 12:30 p.m., via VC/OAVM.

Key Resolutions

• Ordinary: Adopt Audited Financial Statements for year ended 31 March 2026.
• Ordinary: Re-appoint Shri Tej Bhan Gupta as Director (rotational).
• Ordinary: Re-appoint Dr. (Mrs.) Neersh Arora as Director (rotational).
• Special: Re-appoint Shri Tej Bhan Gupta as Managing Director.
• Ordinary: Re-appoint Shri Anupam Mehrotra as Whole-Time Director.
• Ordinary: Appoint Shri Rakesh Srivastava as Independent Director.

Voting Results

• Voting outcome not disclosed in the provided excerpt.

Director Changes

• Tej Bhan Gupta to re-appoint as Director (rotational).
• Dr. (Mrs.) Neersh Arora to re-appoint as Director (rotational).
• Tej Bhan Gupta to re-appoint as Managing Director (Special).
• Anupam Mehrotra to re-appoint as Whole-Time Director.
• Rakesh Srivastava appointed as Independent Director.

Regulatory attachment of promoter assets

• IT Department issued provisional attachment order under Black Money Act 2015 and IT Act 1961 over promoter assets.
• Order affects 58,674 shares of the company linked to the promoter estate.
• Divya Mehrotra's 58,673 shares transferred to the promoter's estate.
• 1 share held by Shri Mahesh Prasad Mehrotra (deceased) is also affected.
• Promoter assets provisional attachment pending conclusions of proceedings.
• Management states no material impact on the company's financials, operations, or activities.
• Annexure-A provides disclosures under Regulation 30 and SEBI Master Circular.
• Order date: 22/09/2026; information came to knowledge on 23/09/2026.

Overview

• 37th AGM to be held on 25 September 2026 via VC/OAVM.
• Annual report for 2025-26 attached; record date 18 Sep 2026.
• Dividend for FY2025-26 not recommended.

Financial performance

• Total income ₹71.60 lakh for year ended 31 Mar 2026.
• Revenue from operations ₹36.05 lakh in FY2025-26.
• Net loss after tax ₹15.30 lakh in FY2025-26.
• EPS ₹-0.38 for FY2025-26.
• Prior year: total income ₹67.90 lakh; net loss ₹333.53 lakh.

Operations and segments

• Segment revenues: Entertainment ₹15.04 lakh; Trading ₹36.05 lakh; Others ₹20.51 lakh.
• Trading shows large pre-tax loss; Others show pre-tax profit; total pre-tax ₹4.10 lakh.
• Total comprehensive loss after tax ₹14.94 lakh.

Capital and liquidity

• Equity share capital ₹399.91 lakh; total equity ₹327.19 lakh.
• No borrowings; net debt ₹-5.95 lakh; gearing −1.85%.
• Cash & bank balances total ₹306.76 lakh.
• Current ratio 60.63.

Governance and management changes

• MD: Tej Bhan Gupta; WTD: Anupam Mehrotra; Independent Directors: Adesh Kumar Jain, Prem Narain Parashar.
• Shri Rakesh Srivastava appointed Independent Director for five years from 08/08/2026.
• Khushi Garg appointed Company Secretary on 09/02/2026.
• Chai Thela Private Limited ceased as subsidiary on 28/03/2025; loan written off.

Related party disclosures

• Remuneration to KMP FY2025-26: Gupta ₹4.80 lakh; Mehrotra ₹5.60 lakh; Garg ₹0.78 lakh.
• CTPL loan impairment ₹290.40 lakh written off; CTPL ceased as subsidiary.
• Holding company: VLS Capital Ltd holds 59.61%.

Audit and controls

• Statutory auditors: Agiwal & Associates; Internal: S. Bansal & Associates; Secretarial: A Aggarwal.
• Going concern: No material uncertainty; management has a plan to address.

Shareholding and regulatory

• Promoter/promoter group holding 59.61%; top holder VLS Capital Ltd.
• Dividend not declared; AGM details and e-voting procedures disclosed in notice.

Appointment of Independent Director

• Appointment: Shri Rakesh Srivastava appointed as Non-Executive Independent Director for five-year term from August 08, 2026.
• Profile: IAS Rajasthan cadre 1981; former Secretary, Women and Child Development; ~40 years public service.
• Relation: Not related to other directors.

Meeting Details

• No date, time, or venue disclosed in the filing chunk.