Speedage Commercials Ltd

AGM details

• AGM held Sept 30, 2026, 3:00–3:30 PM IST, physical venue.
• Remote e-voting from Sept 27–29, 2026.
• Ballot voting available for non-EV voters.

Key resolutions

• Resolution 1 (Ordinary): Adopt Audited Financial Statements for FY ended Mar 31, 2026.
• Resolution 2 (Ordinary): Reappointment of Meenakshi Jayesh Bhansali, retiring by rotation.
• Resolution 3 (Special): Approve Material Related Party Transactions.

Voting status

• Voting results to be communicated after Scrutinizer's Report and online posting.

Director changes

• Proposed reappointment of Meenakshi Jayesh Bhansali (DIN 06936671) on rotation.

Material related party transactions

• Material RPTs to be approved; details not disclosed in filing.

Speedage Commercials Ltd – Trading window closed from Thursday, 1st October, 2026 up to 48 hours after the declaration of Un-Audited Financial Results for the quarter and half year ended 30th September, 2026.

AGM details

• AGM on 30 September 2026 at 3:00 PM IST, at the registered office (physical).

Material related party transactions (Item 3)

• Counterparty: MET-LOK HYDRO PNEUMATICS PRIVATE LIMITED, related party via director's relative.
• Nature: granting loans to the related party.
• Proposed loan value: Rs 50 crores.
• Tenure: until next AGM (Calendar 2027).
• Mode: unsecured loan; on-demand repayment.
• Source of funds: the company's own funds.
• Audit Committee approval obtained; omnibus approval for yearly transactions.
• Current-year related party transactions till date: Rs 4.8 crores.
• Proposed transactions amounting to 73.55% of the annual consolidated turnover.
• No promoter/KMP direct/indirect interest beyond disclosed director.

AGM notice & annual report access

• 41st AGM scheduled September 30, 2026 at 3:00 PM IST at Andheri West Mumbai.
• Annual Report 2025-26 available online at speedagecommercials.in/annual-reports; path Investors → Annual Report → Year 2025-26.
• Cut-off date for email registration: 28 August 2026.
• Web-link to Annual Report will be sent to members without registered emails.

KYC, dematerialisation & communications

• Reminder to update KYC per SEBI Master Circular 2024-37; dematerialise physical securities.
• KYC updates required: PAN, address with PIN, mobile, bank details, specimen signature, and nomination.
• Email update is optional but advised to enable online services.
• Physical holders must update details or risk electronic-only payments from April 1, 2024.
• KYC forms ISR-1, ISR-2, ISR-3, SH-13, SH-14 available on company website.
• Investor queries to be raised via investor.helpdesk email or service portal.

Financial performance

• Total income: 652.61 Lakhs for year ended 31 Mar 2026.
• PBT: 613.10 Lakhs; PAT: 442.72 Lakhs.
• Total comprehensive income: -3030.51 Lakhs; OCI: -3473.23 Lakhs.
• Net worth: 13,249.74 Lakhs; reserves: 13,151.74.
• Earnings per share: ₹45.18 (basic/diluted).
• Dividend: no dividend declared for 2025-26.

Capital structure & shareholding

• Authorized capital: Rs 1 crore; paid-up capital: Rs 98 lakh across 9,80,000 shares.
• No change in capital during the year.
• Promoter holdings total around 68%; majority held by related promoter entities.
• Promoters: Bhansali Innovative Finance 19.92%; Bentley Commercial 19.49%; Sheraton 19.49%; Bhansali Engg 9.80%.
• Demat status: 74.22% demat (CDSL); 25.78% physical; NSDL 0%.
• Total equity shares outstanding: 9.80 lakh; Listed on BSE; listing fees paid.

Related party transactions

• RPT policy exists on company website; arm's length basis.
• Material RPT with Met-Lok Hydro Pneumatics; 50 Crores per annum loans.
• Loans to Met-Lok: 155.00 Lakhs in 2025-26; prior year 825.00.
• Balance with related parties: 480.00 Lakhs as at 31 March 2026.
• Board/Audit Committee authorized modifications to terms; no other material RPT in year.

Governance & board

• Board: 5 Non-Executive Directors; 2 Independent; independent chair.
• Cessations: Aditya Srivastava and Dipesh Sanghvi ceased Aug 30, 2025.
• New independents: Nilesh Sheth (Aug 29, 2025); Mansi Srivastava (Aug 31, 2025).
• Board meetings: 7 in 2025-26; independence declarations on record.
• Audit Committee: 3 members; 4 meetings; chair answers at AGM.
• NRC: 3 members; 3 meetings; policy on director appointment/remuneration.
• SRC: 5 members; 2 meetings; focuses on grievances and RTA oversight.

CSR & sustainability

• CSR policy; 2% of average net profit (₹17.41 Lakhs) required.
• Actual CSR spend: ₹17.50 Lakhs; excess ₹0.09.
• Projects: Promotion of Art & Culture in Mumbai; ₹17.50 Lakhs spent.
• Go Green: electronic communications; CSR disclosures on company website.

Audit, controls & compliance

• Statutory auditor: B. L. Dasharda & Associates; no qualifications; ₹35,000 plus GST.
• Secretarial auditor: Rathi & Associates; ASCR filing delay; penalty paid; corrective actions.
• Internal controls: adequate; CEO/CFO certification under Reg 17(8).
• No material litigation; no long-term contracts with losses; no cash losses.
• Board processes and governance complied with SEBI LODR requirements.

Shareholder information

• AGM: 41st year on 30 September 2026 at 3:00 PM.
• Dividend: not declared; shares dematerialized; MUFG Intime as RTA.
• Demat: 74.22% demat; 25.78% physical.
• Registrar & Transfer Agent: MUFG Intime India Private Limited; contact details in report.

AGM Details

• 41st AGM scheduled for 30 September 2026.
• Register of Members and Share Transfer Books closed 24 to 30 September 2026.
• Record date for remote e-voting fixed on 23 September 2026.
• Board approved the AGM notice.

Resolutions proposed

• Re-appointment of M.R.V & Co. as Internal Auditor for FY 2026-27.

Financial results and disclosures

• Unaudited standalone results for quarter ended 30 June 2026 approved; Ind AS 34 compliant.
• Limited Review Report by B. L. Dasharda & Associates issued on Q1 results.
• Audit Committee reviewed and Board approved at meeting held 13 August 2026.
• Total income: 73.82 lakh; Profit after tax: 49.64 lakh; Basic EPS: 5.07.
• Company operates in a single segment; results posted on company and BSE websites.

Meeting Details

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

Key Agenda Items

• Consider and approve the un-audited financial results for the quarter ended 30 June 2026.

Other Notes

• Trading window closed for designated persons from 1 July 2026 until 48 hours after results disclosure.