Stellant Securities (India) Ltd

Stellant Securities (India) Limited trading window closed from 1 October 2026 till the expiry of 48 hours after the declaration of Un-Audited financial results for the quarter ended 30 September 2026

Promoter warrants conversion – trading approval and listing

• Trading approval granted by BSE for 150,000 equity shares (Rs 10 face) to promoter on warrant conversion.
• Shares issued at premium of Rs 330 per share; implied issue price Rs 340.
• Total 150,000 shares bearing distinctive numbers 5535996 to 5685995.
• Listing effective from 16 September 2026, per exchange notice.
• Notice dated 15 September 2026 confirms promoter allotment on conversion.

Listing approval details

• BSE granted in-principle listing approval on Sept 2, 2026 for 150,000 equity shares (Rs 10 each).
• Shares allotted to promoter pursuant to conversion of warrants issued on a preferential basis.
• Total shares in question: 150,000; face value Rs 10 per share; aggregate nominal value Rs 1.5 million.
• Enclosures include in-principle listing approval letters from BSE.

Dividend details

• Record date fixed at 16 September 2026 for FY2026 dividend.
• AGM scheduled for 23 September 2026.
• Dividend, if approved, paid on or before 22 October 2026.
• Dividend relates to financial year ended 31 March 2026.

Financial snapshot

• Total income 5087.22 lacs for year ended 31 Mar 2026.
• Revenue from operations 5049.97 lacs for year ended 31 Mar 2026.
• Profit after tax 2130.71 lacs for year ended 31 Mar 2026.
• Basic EPS 38.49; diluted EPS 80.75 for 2025-26.
• Final dividend 0.20 Rs per share; record date 16 Sep 2026.
• Total assets 8184.70 lacs; shareholders' equity 7815.91 lacs.

Operations by segment

• Securities market revenue 4727.88 lacs; Bullion trading 322.09 lacs.
• Total segment revenue 5049.97 lacs; segment profit 2838.27 lacs.
• Operating income 2842.46 lacs; other income 37.25 lacs.
• Segment assets 8180.51 lacs; segment liabilities 368.79 lacs.

Capital structure & changes

• Authorized capital increased to Rs 7,00,00,000.
• Bonus issue: 29,61,920 shares (4:1) Sept 2025.
• 3,00,000 warrants converted to equity at Rs 340 each.
• 18,33,595 equity shares issued to non-promoter public at Rs 290.
• Paid-up capital: 5,535,995 shares; Rs 553.60 lacs.

Corporate governance

• Board of 4 directors: 1 Executive, 1 Non-Executive Non-Independent, 2 Independent.
• Nine board meetings held in 2025-26.
• Audit Committee: Mehta (Chairman), Bafna, Pandya; Kadam ceased July 2025.
• Nomination & Remuneration Committee: Mehta (Chairman), Kadam ceased 2025.
• Stakeholders' Relationship Committee: Mehta, Bafna, Pandya.

Audit & controls

• Statutory auditors: RK Khandelwal & Co; tenure to 2027.
• Secretarial Auditor: Ashish O. Lalpuria & Co.; 5-year term 2025-30.
• Internal controls: adequate and functioning; vigil mechanism in place.

Dividends & AGM

• 35th AGM on 23 Sep 2026 at registered office.
• Dividend paid electronically within 30 days to members on record date.

Related party & compliance

• Related party transactions on arm's length; Infront Enterprises Pvt. Ltd.
• Advisory fees received: 16.00; money received for share warrants: 127.50.

Outlook & risks

• Outlook: FY2026-27 expects continued investment opportunities.
• Risks: regulatory changes, market volatility, competition, inflation.

EOGM details

• EOGM held on 24 August 2026 from 09:00 to 09:33 IST at the registered office.
• Voting results and scrutinizer's report are attached as Annexure-2 and Annexure-3.
• Results are available on the company's website and MUFG Intime India Private Limited site.

EOGM details

• EOGM held on 24 August 2026 from 9:00 to 9:33 am at registered office.

Proceedings summary

• Annexure-1 contains the summary of EOGM proceedings.

EGM corrigendum overview

• Corrigendum to EGM notice dated 24 July 2026.
• EGM set for 24 August 2026 at Mumbai venue.
• Main business: preferential issue of equity shares.
• Issue size: 12,89,177 shares at Rs 602.
• Aggregate value: Rs 77.60 crore including premium Rs 592.
• Utilisation plan: 98% equity investments; 2% HR/tech research; 6 months.
• Two proposed allottees removed: Navam Kothari; Akash Jain.
• Identity of proposed allottees updated in the notice.
• Board may deploy funds within +/-10% as allowed.
• Corrigendum date: 21 August 2026.
• Venue: 305 Regent Chambers, Mumbai.

Resolution basics

• Type: Special resolution.
• Nature: Preferential issue of equity shares.
• Key terms: 12,89,177 shares at Rs 602; Rs 77.60 crore.
• Premium: Rs 592 per share.
• Promoter/director participation: two proposed allottees removed.
• Purpose: raise capital via equity issue.

Voting and governance

• Voting outcome: not disclosed in corrigendum.
• No explicit approval status stated.

Impact on holdings/management

• Promoter/allottees Navam Kothari and Akash Jain removed.
• Post-issue holdings impact not detailed.
• Utilisation alignment with listed equity investments disclosed.

Other notes

• Main object clause alignment confirmed for the proposed uses.
• Internal estimates may vary by up to 10%.