Dynamic Archistructures Limited concluded its 30th Annual General Meeting on September 21, 2026, with shareholders unanimously approving the audited financial statements for FY26 and the reappointment of Mr. Rakesh Porwal as a director.

The meeting was held at the company’s registered office in Kolkata from 12:00 pm to 12:25 pm. A total of 23 shareholders attended in person, comprising eight from the promoter group and 15 from the public category.

Voting Results

Remote e-voting was conducted from September 18 to September 20, 2026. The consolidated results, scrutinized by Amit Kumar Sharma of Amit Sharma & Associates, showed full approval for both ordinary resolutions.

The record date for voting rights was September 14, 2026. Out of 1,571 shareholders on the record date, votes were polled on 3,570,201 shares, representing 71.26% of the outstanding shares.

Shareholder Participation

Promoter and promoter group shareholders held 3,550,200 shares (70.86% of total equity) and cast all their votes via remote e-voting. Public non-institutional shareholders held 1,459,800 shares, with 20,001 shares voted in favor (1.37% participation). No institutional public shareholders participated in the voting process.

Meeting Proceedings

Danmal Porwal, Chairman and Managing Director, chaired the session. All directors were present, along with representatives of the statutory auditors, secretarial auditor, and the scrutinizer. Mrs. Akansha Lunia, Chairperson of the Audit Committee, Nomination & Remuneration Committee, and Stakeholders Relationship Committee, also attended.

The chairperson confirmed that statutory registers and relevant documents referred to in the notice were available for inspection. He noted that there were no qualifications, observations, or adverse comments in the Auditor’s Report on the financial statements or the Secretarial Audit Report for FY26.

Dynamic Archistructures reported a net loss of ₹86.59 lakh for the financial year ended March 31, 2026, reversing a net profit of ₹311.51 lakh in FY25. The Kolkata-based non-banking financial company (NBFC) saw its revenue from operations contract by 73.26% to ₹155.92 lakh, driven by a sharp decline in net gains on fair value changes and significant impairment charges on its loan book.

Financial Performance

The company's total income dropped to ₹155.92 lakh from ₹583.78 lakh in the previous year. Interest income declined to ₹30.63 lakh from ₹93.10 lakh, while dividend income rose slightly to ₹4.54 lakh. The most significant drag on revenue was the fall in net gain on fair value changes, which slid to ₹120.75 lakh from ₹444.42 lakh in FY25.

On the expense side, total costs rose to ₹205.61 lakh from ₹130.42 lakh. This increase was primarily fueled by impairment on financial instruments, which stood at ₹110.42 lakh compared to a credit of ₹42.59 lakh in the prior year. Fees and commission expenses also fell sharply to ₹0.97 lakh from ₹40.48 lakh.

What the Numbers Show

The divergence between operating cash flows and accounting profits highlights the impact of credit quality deterioration. While the company generated ₹412.93 lakh from operating activities—up from ₹173.84 lakh in FY25—this was largely driven by a ₹505.63 lakh decrease in loans outstanding. This suggests the company is actively reducing its loan book rather than growing it, a strategy that may mitigate future credit risk but limits interest income potential.

Balance Sheet and Liquidity

As of March 31, 2026, total assets stood at ₹3,497.18 lakh, down slightly from ₹3,567.41 lakh. Cash and cash equivalents increased to ₹47.36 lakh from ₹36.44 lakh, indicating improved liquidity despite the operational losses. The company holds no long-term debt as a standalone entity. Investments, primarily in mutual funds and equity instruments, rose to ₹3,343.31 lakh from ₹2,854.44 lakh.

The Board has not recommended any dividend for the current financial year to conserve profits. The 30th Annual General Meeting is scheduled for September 21, 2026, where shareholders will consider the reappointment of Director Rakesh Porwal.