Stellant Securities (India) Ltd

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%.

Resolutions overview

• Item 1: Increase authorized share capital to Rs 17 crore; amend Capital Clause V.
• Item 2: Issue up to 3,48,837 warrants to promoters at Rs 602 each.
• Item 3: Preferential issue up to 12,99,143 equity shares to Non-Promoter Public at Rs 602.

Shareholding impact

• Post-issue promoter stake estimated at 41.04% of total 7,483,975 shares.
• Public shareholding rises to 58.96% after allotments.
• No change in control anticipated; listing to be maintained.

Fund utilization and objects

• Objects: invest and advise; up to Rs 78.20 crore to be utilized.
• Proceeds from Item 2 up to Rs 20.99 crore for warrants.
• Proceeds from Item 3 up to Rs 78.21 crore for equity issue.

Meeting Details

• Meeting on 24 July 2026; time and venue not disclosed.

Key Agenda Items

• Increase Authorized Share Capital from Rs 7,00,00,000 to Rs 17,00,00,000 and MOA Capital Clause amendment.
• Proposal for fund raising via preferential issue of securities, including issue price, subject to regulatory and shareholder approvals.

Other Notes

• Trading window closed for designated persons from 21 July 2026 until 48 hours post-board meeting.

Dematerialisation processing and registry update

• Registrar/transfer agent processed dematerialisation requests and confirmed to depositories.
• Securities dematerialised have been listed on stock exchanges where existing securities are listed.
• Physical certificates were mutilated and cancelled after verification, and depository name substituted as registered owner within timelines.

Key financials & highlights

• Board approved standalone unaudited Q1 FY27 results for quarter ended 30 June 2026.
• PAT (net after tax) for quarter ended 30 June 2026: Rs 1,706.51 lakhs.
• Total comprehensive income for the quarter: Rs 2,130.71 lakhs.
• Securities Market Trading and Advisory revenue: Rs 1,179.12 lakhs.
• Bullion Trading revenue: Rs 441.86 lakhs.
• Profit before tax for the quarter: Rs 2,291.51 lakhs.
• EPS (basic and diluted, Rs 10 face value): Rs 0.22.
• Paid-up equity share capital: Rs 553.60 lakhs.
• Reserves excluding revaluation reserves: Rs 7,244.79 lakhs.
• Auditor's review: No material misstatement; report states it does not express an audit opinion.
• Two reportable segments: Securities Market Trading and Advisory; Bullion Trading.
• Note: Standalone results prepared per Ind AS; reviewed by Audit Committee.
• Date of board meeting: 6 July 2026.