Asia Capital Limited has scheduled a meeting of its Board of Directors for Monday, August 24, 2026. The session is set to begin at 12:00 pm at the company’s registered office in Vile Parle (West), Mumbai.

The primary agenda items for the meeting include corporate governance appointments and preparations for the upcoming Annual General Meeting (AGM).

Key Agenda Items

The Board will transact the following matters during the session:

• Appointment of Secretarial Auditor: To consider and approve the appointment of Mr. Anand Khandelia as the Secretarial Auditor for a term of five years.
• AGM Logistics: To fix the date, time, and venue for the 42nd Annual General Meeting of the Company.
• Draft Notice Approval: To consider and approve the Draft Notice for the 42nd AGM.
• Share Transfer Closure: To decide the dates for the closure of the Registrar of Members & Share Transfer Books for the purpose of the AGM.
• E-Voting Scrutinizers: To approve the appointment of scrutinizers to conduct the e-voting process in a fair and transparent manner at the ensuing AGM.

The notice was issued in pursuance of Regulation 29(1) of the SEBI (Listing Obligations & Disclosure Requirements) Regulations, 2015. Prateek Sharma, Company Secretary and Compliance Officer of Asia Capital Limited, signed the communication on August 17, 2026.

Asia Capital Limited reported a net profit after tax (PAT) of ₹4.42 crore for the quarter ended June 30, 2026 (Q1FY27), marking a 418% year-on-year increase from ₹0.85 crore in the corresponding period of the previous year. The surge was primarily driven by a 403% jump in interest income to ₹8.91 crore. The Board of Directors approved the unaudited financial results on August 06, 2026, following a limited review by statutory auditors Shankarlal Jain & Associates LLP. The filing was made in compliance with Regulation 33 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015, and relevant circulars from BSE and NSE.

The company's total income rose 92% to ₹10.10 crore, while total expenses remained stable at ₹4.18 crore. This financial update coincides with the appointment of Mr. Anand Khandelia as Secretarial Auditor to fill a casual vacancy, reinforcing the company's governance framework during a period of strong financial performance. On August 07, 2026, Asia Capital Limited also published its unaudited financial results in Active Times (English) and Mumbai Lakshadeep (Marathi) newspapers, pursuant to Regulation 30 and 47 of the SEBI (LODR) Regulations, 2015.

Financial Performance Highlights

Interest income emerged as the key growth driver, rising from ₹1.77 crore in Q1FY26 to ₹8.91 crore in Q1FY27. Conversely, other income declined by 66% to ₹1.20 crore from ₹3.49 crore in the previous year. Employee benefit expenses increased to ₹1.93 crore from ₹1.25 crore, while other expenses decreased significantly to ₹2.25 crore from ₹2.88 crore. Depreciation charges were minimal at ₹0.95 thousand. The following table summarises the key financial metrics for the quarter:

Balance Sheet and Cash Flow Position

As of June 30, 2026, Asia Capital Limited's total assets stood at ₹533.58 crore, compared to ₹531.63 crore as of March 31, 2026. Cash and cash equivalents totaled ₹236.09 crore, comprising ₹234.15 crore in other bank balances and ₹1.94 crore in cash and equivalents. The company remains debt-free, with no borrowings recorded. Equity share capital remained unchanged at ₹309.20 crore, while other equity increased to ₹223.03 crore from ₹218.61 crore.

The cash flow statement revealed that operating activities generated ₹30.33 crore in cash for the quarter. Investing activities showed no cash outflow, and financing activities were nil. The net increase in cash and cash equivalents for the quarter was ₹30.33 crore. For the full year ended March 31, 2026, operating cash flows had been negative at ₹-254.09 crore, largely due to a decrease in short-term loans and advances.

Key Takeaways

The dramatic rise in net profit is almost entirely attributable to higher interest income, suggesting effective deployment of the company's substantial cash reserves. With ₹236.09 crore in cash and no debt, Asia Capital Limited is in a strong liquidity position. The stability in total expenses despite the revenue surge indicates operational efficiency. The simultaneous focus on governance, evidenced by the new secretarial auditor appointment, underscores management's commitment to regulatory compliance alongside financial growth.

Source: https://lodr-files.dhan.co/lodr-inputs/Company/INE131Q01011/d4ad37a7-b508-417a-933c-f68f0c373dd7.pdf