Surya India Ltd

Surya India Limited – Trading window closed from 1 October 2026 up to the completion of 48 hours from the date of declaration of the un-audited financial results for the quarter and half year ending 30 September 2026

AGM Details

• Date/time: 27 September 2026, 1:00 PM IST (physical AGM).
• Mode: Physical with remote e-voting and ballot polling.
• Record date: 19 September 2026.

Key Resolutions and Voting

• Item 1: Ordinary—Adopt audited financials, board report, and auditor's report; Passed unanimously.
• Item 2: Ordinary—Reappoint Priyanka Agarwal as director (retiring by rotation); Passed unanimously.
• Item 3: Ordinary—Approve related party transaction with Haldiram Manufacturing Pvt Ltd; Passed unanimously.
• Item 4: Ordinary—Approve related party transaction with Haldiram Ethnic Foods Pvt Ltd; Passed unanimously.
• Item 5: Ordinary—Approve related party transaction with Haldiram Marketing Pvt Ltd; Passed unanimously.
• Item 6: Special—Approve loan to Haldiram Snacks Pvt Ltd under section 185; Passed unanimously.
• Item 7: Special—Approve loan to Haldiram Marketing Pvt Ltd under section 185; Passed unanimously.
• Promoter group did not vote on items 3–7.

Dividend

• No dividend was proposed or declared.

Director Changes

• Priyanka Agarwal reappointed as director (retiring by rotation).
• Remuneration details not disclosed.

AGM Details

• Date and time: 27 September 2026, 01:00–01:30 PM
• Mode: Physical meeting at registered office
• Remote e-voting open: 24–26 September; ballot papers available at venue
• Meeting concluded at 1:30 PM

Key Resolutions

• Ordinary: Adopt audited financial statements, board report, and independent auditor's report
• Ordinary: Appoint director in place of Priyanka Agarwal (retiring by rotation)
• Ordinary: Approve related party transactions with Haldiram Manufacturing Pvt Ltd
• Ordinary: Approve related party transactions with Haldiram Ethnic Foods Pvt Ltd
• Ordinary: Approve related party transactions with Haldiram Marketing Pvt Ltd
• Special: Approve loan to Haldiram Snacks Pvt Ltd
• Special: Approve loan to Haldiram Marketing Pvt Ltd

Voting Status

• Results to be notified to stock exchange within 2 working days
• Scrutinizer’s report to be submitted; final outcomes not disclosed in this document

Director Changes

• Director appointment: to replace Priyanka Agarwal (retiring by rotation)

Related Party Transactions

• RPTs with Haldiram Manufacturing Pvt Ltd, Haldiram Ethnic Foods Pvt Ltd, Haldiram Marketing Pvt Ltd
• Loans to Haldiram Snacks Pvt Ltd and Haldiram Marketing Pvt Ltd under section 185

Resignation: CS & CO

• Navneet Kumar Mishra resigns as Company Secretary and Compliance Officer, effective 15 Sept 2026, due to personal commitments.

Interim CO appointment

• Preeti Agarwal, Managing Director, to serve as interim Compliance Officer after 15 Sept 2026 until successor appointed.

AGM Details

• AGM scheduled for 27 September 2026 at 01:00 PM in physical mode at the registered office.
• Cut-off date for email notification: 19 September 2026.
• Annual Report and Notice available online; links provided to shareholders.

Shareholder Communications

• Letters issued to shareholders without registered emails with links to documents.
• Shareholders urged to update KYC details per SEBI guidelines.
• Dematerialise physical securities to continue receiving payments.

Financial snapshot

• Revenue from operations: ₹737.53 lakh in FY2025-26.
• Total income declined 61.1% YoY to ₹737.53 lakh.
• Profit after tax: ₹268.01 lakh; down from ₹1,250.32 lakh.
• EPS Basic & Diluted: ₹3.84 for 2025-26.
• Segment revenue: Financing ₹312.18 lakh; Rental ₹425.35 lakh.
• Net cash from operating activities: ₹(1,763.25) lakh.
• Year-end cash and cash equivalents: ₹589.89 lakh.
• Total equity: ₹11,367.09 lakh; no debt.

Operations & segments

• Two segments: Financing Activities and Rental from Immovable Properties.
• CODM reviews segment performance based on revenue.
• Operations are conducted entirely in India.

Dividends & AGM

• Dividend for FY2025-26: none.
• 41st AGM scheduled for 27 Sep 2026 at registered office, New Delhi.
• Remote e-voting window: 24-26 Sep 2026.

Related party transactions & governance

• Material related party transactions with Haldiram group; leasing and loan arrangements.
• Leasing caps: ₹3 crore for Haldiram Mfg and Ethnic Foods.
• Leasing caps: ₹9 crore for Haldiram Marketing; ₹50 crore for Haldiram Snacks.
• Loans cap: ₹50 crore to Haldiram Snacks/Marketing; arm's length basis.

Governance & board

• Board size five; two independent; MD and WD executive; one non-exec non-independent.
• Audit Committee: 3 members; chair Sonu Aggarwal; meets five times.
• Nomination & Remuneration Committee: 3 members; chaired by Ratnesh Kumar.
• Stakeholders Relationship Committee: 3 members; chaired by Manohar Lal Agarwal.
• Independent directors declare independence; familiarization program on company website.
• Board met seven times in the year; Independent Directors met on 14 Feb 2026.

Financial position & assets

• Total assets ₹11,930.98 lakh; total equity ₹11,367.09 lakh; no debt.
• Investment properties ₹4,452.94 lakh.
• Unquoted investments: ₹2,963.97 lakh (Haldiram Marketing Pvt Ltd).
• Unquoted investments: ₹3,961.80 lakh (Haldiram Products Pvt Ltd).
• Equity share capital ₹698.58 lakh; no debentures.

Audit & compliance

• Statutory auditors: M/s P. R. Kumar & Co; no qualifications.
• Internal auditor: Mr. Sunil Jain; reports quarterly.
• Secretarial auditor: M/s P. Kathuria & Associates.

Outlook & risks

• Outlook: real estate leasing remains favorable; risks include tenant turnover and macro factors.
• The company maintains a risk management framework; board monitors risk across operations.

CSR & compliance status

• CSR not applicable; no CSR committee required.
• Policy on related party transactions available on company website.

AGM Details

• AGM date/time: 27 Sep 2026, 1:00 PM IST at registered office; physical meeting with remote e-voting.
• Cut-off date for voting eligibility: 19 Sep 2026.
• Share register closed 19–26 Sep 2026 for AGM.

Key Resolutions

• Ordinary: Adopt Audited Financial Statements for FY2025-26.
• Ordinary: Re-appoint Priyanka Agarwal as Director, retiring by rotation.
• Special: Approve related party leasing with Haldiram Manufacturing Private Limited up to Rs 3 crore.
• Special: Approve related party leasing with Haldiram Ethnic Foods Private Limited up to Rs 3 crore.
• Special: Approve related party leasing with Haldiram Marketing Private Limited up to Rs 9 crore.
• Special: Grant loan to Haldiram Snacks Private Limited up to Rs 50 crore.
• Special: Grant loan to Haldiram Marketing Private Limited up to Rs 50 crore.

Governance & RPT Summary

• Aggregate RPTs for 2026-27 include leases up to Rs 3–9 crore and loans up to Rs 50 crore.
• Counterparty turnover for Haldiram Manufacturing RPT: 0.34%.
• Counterparty turnover for Haldiram Snacks/Marketing RPT: 14.45%.

Director & Remuneration

• Priyanka Agarwal re-appointment as Whole-Time Director; last drawn remuneration Rs 10 lakh per month.

Book closure details

• Book closure from 19 September 2026 to 26 September 2026, both days inclusive.
• Purpose: Annual General Meeting.
• AGM date: 27 September 2026.
• Security type: Equity shares.

Key disclosures

• Re-appointment of Mrs. Priyanka Agarwal as Whole-Time Director, subject to shareholder approval at the 41st AGM.
• Material related party transactions with Haldiram Manufacturing Private Limited are subject to shareholder approval at the 41st AGM.
• Material related party transactions with Haldiram Ethnic Foods Private Limited are subject to 41st AGM approval.
• Material related party transactions with Haldiram Marketing Private Limited are subject to AGM approval.
• Loans to Haldiram Snacks Private Limited under Section 185 are subject to AGM approval.
• Loans to Haldiram Marketing Private Limited under Section 185 are subject to AGM approval.
• Mr. Pradeep Kathuria appointed Scrutinizer for reviewing voting at the 41st AGM.
• The 41st AGM is fixed for Sunday, 27 September 2026, 01:00 p.m. IST at the registered office.
• Register of members and share transfers will be closed from 19 to 26 September 2026 for AGM.
• Cut-off date for e-voting fixed as 19 September 2026.
• Board's Report for FY 2025-26 along with notice calling 41st AGM.