Sumedha Fiscal Services Ltd

AGM details

• Date, time, mode: 20 Aug 2026, 11:00 IST; VC/OAVM.
• Record date: 13 Aug 2026; attendance: 93 members via VC/OAVM.
• E-voting window: 17–19 Aug 2026; Scrutinizer: Asit Kumar Labh.

Resolutions and outcomes

• Resolution 1 (Ordinary): Adoption of financial statements; passed.
• Resolution 2 (Ordinary): Dividend of Re 1 per share; passed.
• Resolution 3 (Ordinary): Re-appointment of Anil Kumar Birla; passed.

Governance and auditors

• Director changes: Anil Kumar Birla re-appointed (retiring by rotation).
• Auditors: No change; statutory reports had no qualifications.

Standalone results

• Total income: 2,235.78 lakhs; Revenue from operations: 2,223.99; PAT: 323.83; EPS: 4.06.
• PBT: 425.49; Tax: 101.66; Standalone PAT: 323.83.
• Interest income 43.31; Fee and commission income 179.96; Stock-in-trade sale 1,883.16.
• Net gain on fair value changes 87.36; Total expenses 1,810.29.
• EPS (basic/diluted): 4.06.

Consolidated results

• Total income: 2,243.41 lakhs; Revenue from operations: 2,231.62; PAT: 330.77; EPS: 4.14.
• PBT: 432.38; Tax: 102.01; Consolidated PAT: 330.77.
• Interest income 43.69; Fee and commission income 179.96; Stock-in-trade sale 1,883.16; Net gain on fair value 92.36.
• Depreciation 20.75; Other expenses 122.09; Total expenses 1,811.03.
• EPS (basic/diluted): 4.14.

Other disclosures

• Limited Review conducted; results approved Aug 9, 2026.
• Company primarily engaged in investment banking; single reporting segment.

AGM notice and annual report access

• AGM scheduled Aug 20, 2026 at 11:00 AM via VC/OAVM.
• Electronic AGM notice and FY2025-26 AR sent to shareholders with registered emails.
• Unregistered-email holders can access AR and AGM notice via web-link and exact path.
• Direct web-link to AR: https://www.sumedhafiscal.com/ftp/Investors/Annual%20Reports/ar2026.pdf
• TDS communication for FY2025-26 is available online.

AGM and dividend updates

• Annual Report 2025-26 and AGM Notice emailed; AGM Aug 20, 2026 at 11:00 IST via VC/OAVM.
• Remote e-voting from Aug 17, 2026 09:00 to Aug 19, 2026 17:00; cut-off Aug 13, 2026.
• Final dividend of Re 1.00 per share, subject to AGM, payable within 30 days post-AGM.
• Dividend TDS as per IT Act 2025; residents PAN 10%, without PAN 20%; non-residents 20% or DTAA rate.
• Non-residents may claim DTAA benefits with required documentation.
• Record date for dividend payout: Aug 13, 2026.
• Shareholders must update PAN, Aadhaar, residential status, category, and bank details to avoid higher TDS.
• Dividend to be paid electronically; update bank details; physical holders require PAN and KYC.
• Submit tax-relief documents by Aug 13, 2026; late submissions not considered.
• Members may join AGM via VC/OAVM using e-voting credentials.

Financial performance

• Standalone total income INR 11,024.24 lakh; YoY +4.58%.
• Standalone PAT INR 237.63 lakh; prior year INR 658.64 lakh.
• Standalone PBT INR 309.57 lakh.
• Consolidated total income INR 11,028.34 lakh; PAT INR 242.11 lakh.
• EPS INR 2.98; diluted INR 2.98.
• Shareholders’ Fund INR 6,072.28 lakh.
• Dividend proposed INR 1 per share (10%).
• Investment Banking remains core growth driver.

Dividend & AGM

• AGM 37th on 20 Aug 2026 via VC/OAVM.
• Record date fixed at 13 Aug 2026.
• Dividend payable electronically to members.
• Proxy facility dispensed due to VC/OAVM.

Capital structure & liquidity

• Paid-up equity capital INR 7.98 crore.
• Delisted from Calcutta Stock Exchange; listing continues on BSE.
• Investments diversified across mutual funds, AIFs, and associates.
• No borrowings.
• Cash and liquidity buffer maintained.

Governance & board

• Board comprises 10 directors; independent directors 50%.
• Audit Committee met 4 times; NRC 2; SRC 1; IT formed.
• Secretarial Audit: no qualifications.
• Internal controls adequate; no material weaknesses.
• Independent directors’ familiarisation programs conducted.
• Corporate Governance Annexures II & III disclosures.

Subsidiaries & associates

• Subsidiary SFSL Commodity Trading Pvt Ltd 99.98%.
• US Infotech Pvt Ltd associate 27.71%.
• Sumedha Management Solutions Pvt Ltd associate 24.73%.
• Urushya Fund Management LLP associate 33.34%.
• Material subsidiary status: only SFSL Commodity Trading Pvt Ltd.

Related party transactions

• Related party transactions disclosed; approvals obtained; Audit Committee oversight.
• KMP and relatives involved in related party transactions.
• Remuneration to directors aligned with policy.

Audits & compliance

• Statutory auditors: M/S V. Singhi & Associates.
• Secretarial auditors: Labh & Labh Associates.
• Internal auditors: M/S ALP & Associates.
• Auditors’ report: unqualified.

CSR & sustainability

• CSR not applicable; CSR Committee dissolved.
• Electronic dissemination of annual report and AGM notices.

Risk management

• Risk management integrated; IT cybersecurity emphasis.
• Major risks: operational, market, liquidity, regulatory.

Dividend entitlement and record date

• Record date Aug 13, 2026 to determine dividend entitlement for FY2025-26.
• Dividend Rs 1 per equity share, subject to AGM approval.
• Payout within 30 days of shareholder approval.
• Tax deduction at source applies.

AGM and voting details

• AGM scheduled Aug 20, 2026; VC/OAVM.
• Remote e-voting Aug 17-19, 2026.
• Cut-off date for voting Aug 13, 2026.