Elixir Capital will hold its 32nd Annual General Meeting (AGM) on Tuesday, August 25, 2026, to approve key governance changes following a financial year marked by significant earnings contraction. The meeting, scheduled for 10.00 a.m. via Video Conference or Other Audio Visual Means (VC/OAVM), seeks shareholder approval for the re-appointment of Mrs. Radhika Mehta as Whole Time Director, the rotation-based re-appointment of Chairman Mr. Dipan Mehta, and the appointment of M/s. M. Parashar & Co., Chartered Accountants, as Statutory Auditors for a five-year term. These decisions come after the company reported a consolidated net profit decline of 67% to ₹303.26 lakhs in FY26, driven by weak market conditions and startup costs for its new Fintech Division.

The Board of Directors has recommended a final dividend of ₹1.25 per equity share (12.5%) for the financial year ended March 31, 2026, maintaining the payout level from the previous year despite the earnings drop. Shareholders holding shares as of the record date, August 18, 2026, are eligible to receive the dividend and vote on the resolutions. The dividend will be paid electronically to members who have updated their bank details with their Depository Participants or the Registrar and Share Transfer Agent, Bigshare Services Private Limited.

Governance Resolutions

The primary focus of the AGM is the renewal of leadership and audit oversight. The shareholders are asked to approve the re-appointment of Mrs. Radhika Mehta as Whole Time Director for a five-year term commencing August 14, 2026, through August 13, 2031. Mrs. Mehta, who oversees Finance and Operations, will not draw remuneration but remains eligible for yearly increments subject to Section 197 of the Companies Act, 2013.

Additionally, Mr. Dipan Mehta, Chairman, retires by rotation and offers himself for re-appointment. The Board also seeks approval to appoint M/s. M. Parashar & Co., Chartered Accountants (FRN: 110954C), as Statutory Auditors, replacing M/s. JMT & Associates, who have completed their nine-year tenure since the 23rd AGM. The proposed fees for the new auditors are ₹50,000 plus applicable taxes and out-of-pocket expenses.

Financial Context and Shareholder Actions

The AGM follows the submission of the Annual Report to the Bombay Stock Exchange on August 1, 2026, in compliance with Regulation 30 and Regulation 34 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015. While consolidated revenue fell to ₹3,421.38 lakhs from ₹4,134.26 lakhs in FY25, standalone profit rose slightly to ₹72.44 lakhs from ₹63.80 lakhs. The debt-equity ratio increased to 0.69 from 0.55, reflecting higher leverage during a period of reduced valuation in trading assets.

Shareholders must update their KYC details, including PAN and bank accounts, to avoid delays in dividend payments or service requests. Unclaimed dividends from previous years face transfer to the Investor Education and Protection Fund (IEPF); specifically, unclaimed dividends from FY2019 must be claimed by September 28, 2026. Remote e-voting is open from August 22 to August 24, 2026, via CDSL and NSDL platforms.

Key AGM Details

| Agenda Item | Description | Status | |---:|:---| | Re-appointment of WTD | Mrs. Radhika Mehta for 5 years | Ordinary Resolution | | Re-appointment of Director | Mr. Dipan Mehta by rotation | Ordinary Resolution | | Appointment of Statutory Auditor | M/s. M. Parashar & Co. for 5 years | Ordinary Resolution | | Dividend Declaration | ₹1.25 per equity share (12.5%) | Ordinary Resolution |

What the Numbers Show

The divergence between standalone and consolidated results highlights the operational dynamics within the group. While the holding company’s standalone profit increased marginally, the consolidated bottom line contracted sharply due to performance in subsidiaries engaged in stock broking and portfolio management. The management discussion notes that prospects are linked to stock market performance, with a prolonged bear phase identified as a key threat. Furthermore, the debt-equity ratio rose to 0.69 from 0.55, reflecting higher year-end debt coupled with lower profits, signaling increased leverage pressure during a period of reduced valuation in trading assets.

elixir capital has fixed August 18, 2026, as the record date to determine shareholder eligibility for its 32nd Annual General Meeting (AGM) and the final dividend for the financial year 2025-26. The company has declared a dividend of 12.5%, amounting to ₹1.25 per equity share. The AGM is scheduled to be held on August 25, 2026.

The record date is crucial for investors as only those shareholders whose names appear in the register of members on the specified date will be entitled to receive the dividend and attend the AGM. The dividend payout is subject to the approval of shareholders at the upcoming meeting.

Key Details

The final dividend for FY26 is set at ₹1.25 per equity share. Shareholders holding the stock on the record date will receive this payout, which represents a 12.5% dividend on the face value of the shares. The 32nd AGM will be conducted to approve the financial statements and other routine business matters.