Sulabh Engineers & Services Ltd

Related party transactions approved

• AGM on 28 Sep 2026 approved related party transactions with the subsidiary.
• Aggregate limit ₹2 crores for FY 2026-27.
• Transactions are ordinary course and at arm's length.
• Quarterly Audit Committee reviews these transactions.
• Disclosures to stock exchange and website per Reg 23(9).
• Director/KMP interest: None.

MD re-appointment

• Re-appointment of Mr. Vimal Kumar Sharma as Managing Director approved.
• DIN 00954083.
• Appointed MD on Oct 13, 2020.
• Term not stated.
• Experience: 35+ years in securities and investments.
• Shareholding: NIL.
• Relationship with KMP: None.

AGM Details

• Date/time: 28 Sep 2026, 12:00 PM.
• Mode: VC/OAVM.
• Record date: 22 Sep 2026; postal ballot deadline: 28 Sep 2026.

Resolutions

• Resolution 1: Ordinary; approve Audited Balance Sheet and P&L for year ended; passed.
• Resolution 2: Ordinary; re-appointment of Seema Mittal as Director; passed.
• Resolution 3: Special; approval for related party transactions with subsidiary; passed.
• Resolution 4: Special; re-appointment of MD Sharma; passed.

Voting results

• Res 1: Passed with near-unanimous support.
• Res 2: Passed with overwhelming support.
• Res 3: Passed; subsidiary RPT approved (99.85% in favour).
• Res 4: Passed; MD Sharma reappointed (99.97% in favour).

Directors/MD changes

• Seema Mittal reappointed as Director (retired by rotation).
• Vimal Kumar Sharma reappointed as Managing Director.

Auditors

• Statutory and secretarial auditors remain; no appointment changes.

Key AGM outcomes

• AGM held 28 September 2026 via VC/OAVM; meeting duration 12:00–12:20.
• Audited Balance Sheet and P&L for year ended 31 March 2026 approved (standalone and consolidated).
• Audit Reports had no qualifications or adverse remarks.
• Seema Mittal to be re-appointed as Director, retiring by rotation.
• Vimal Kumar Sharma re-appointed as Managing Director.
• Approval for transactions with related party subsidiary.

Sulabh Engineers & Services Ltd — Trading window closed from Thursday, 01st October, 2026 and shall re-open after 48 hours of declaration of Un-Audited (Standalone and Consolidated) Financial Results for the quarter/half year ended 30th September, 2026

AGM notice and shareholder communications

• Intimation under SEBI Listing Regulations regarding emailing to shareholders without registered addresses.
• 43rd Annual General Meeting scheduled for 28 September 2026 at 12:00 PM IST via VC/OAVM in Kanpur.
• Annual Report 2025-26 and AGM Notice accessible at specified weblinks; cut-off date 21 August 2026.
• KYC updates and dematerialisation urged; electronic payments required for folios missing PAN or nomination.
• Shareholders without registered emails should update addresses via depository participants or RTA Skyline Financial.
• Company Secretary Tauheed Ahmad signed the communication.

AGM notice and resolutions

• Notice of the 43rd AGM and FY2025-26 annual report scheduled for 28 September 2026 via VC/OAVM.
• E-voting window runs 25 September 2026 09:00 to 27 September 2026 17:00 with cut-off 22 September 2026.
• Book closure from 23 to 28 September 2026 to determine voting eligibility.
• Ordinary Business includes adoption of standalone and consolidated statements for year ended 31 March 2026.
• Seema Mittal is to be re-appointed as Executive Director, retiring by rotation.
• Special Business seeks omnibus approval for related party transactions with Subsidiary up to ₹2 crores for FY2026-27.
• Transactions under omnibus approval will be in ordinary course and at arm's length with quarterly Audit Committee review.
• Omnibus approval remains valid till the next AGM in 2027 with post-2027 approvals requiring fresh authorization.
• Item 4 proposes re-appointment of Mr. Vimal Kumar Sharma as MD for five years, subject to Members' approval.
• Disclosure notes related party interest limited to the MD due to shareholding and subsidiary directorship.

Record date and AGM dates

• Purpose: record date for determining shareholders for e-voting.
• Security: equity shares.
• Record date: 22 September 2026.
• Book closure: 23 September 2026 to 28 September 2026.
• E-voting window: 25 September 2026, 09:00 IST to 27 September 2026, 17:00 IST.
• AGM: 28 September 2026 at 12:00 IST via VC/OAVM.
• Voting rights proportional to paid-up equity share capital on record date.

Standalone financials

• Revenue from Operations: 204.67 lakh in FY2025-26.
• PBT: 9.88 lakh; down from 208.28 lakh.
• PAT: 0.03 lakh; down from 164.09 lakh.
• Standalone net worth: ₹2,874.40 lakh.
• Standalone EPS: ₹0.00.

Consolidated performance

• Revenue from Operations: ₹388.94 lakh in FY2025-26.
• PAT: ₹169.79 lakh; prior year ₹325.19 lakh.
• Total Income: ₹444.03 lakh.
• Consolidated equity: ₹3,633.15 lakh.
• Consolidated EPS: ₹0.17.

Dividends & capital

• Dividend for FY2025-26 not declared.
• Paid-up equity capital Standalone: ₹1,004.75 lakh.

Subsidiary

• One material subsidiary: Venkatswamy Mining and Estates Private Limited (51%).
• FY2025-26 subsidiary revenue ₹185.80 lakh; PAT ₹169.76 lakh.

Outlook & risk

• NBFC sector resilient; RBI-scale framework strengthens governance.
• Focus on data analytics and borrower relationships.

Governance & audit

• Auditors reported no fraud; internal controls effective.
• Secretarial audits show no qualifications.

AGM Details

• AGM date/time: 28 September 2026, 12:00 IST.
• Mode: VC/OAVM.
• E-voting cut-off: 22 September 2026.
• Book closure: 23–28 September 2026.
• E-voting window: 25–27 September 2026.

Resolutions

• Ordinary: Adoption of financial statements; outcome not disclosed.
• Ordinary: Re-appointment of Seema Mittal as Executive Director; outcome not disclosed.
• Special: RPT omnibus approval with Subsidiary up to ₹2 crore; outcome not disclosed.
• Special: Re-appointment of MD Vimal Kumar Sharma for five years; outcome not disclosed.

Director changes

• Seema Mittal: Re-appointment as Executive Director.
• Vimal Kumar Sharma: Re-appointment as Managing Director.

Material related party transactions

• RPT with subsidiary approved omnibus up to ₹2 crore for FY2026-27 (arm's length, ordinary course).