The Gajanan Securities Services Board of Directors approved the re-appointment of Vinay Kumar Agarwal as Managing Director for a further period of five years. The decision, taken during a board meeting held on August 4, 2026, at the company’s registered office in Kolkata, ensures continuity in leadership through August 5, 2031. The re-appointment is based on the recommendations of the Nomination & Remuneration Committee and remains subject to approval by members at the company’s ensuing Annual General Meeting.

The move follows compliance with Regulation 30 read with Regulation 17 of the SEBI (Listing Obligations and Disclosure Requirements), Regulations, 2015. The Board cited Agarwal’s extensive experience and the commensurate nature of his proposed remuneration with his responsibilities as key factors in the decision. Details regarding the appointment were disclosed in accordance with Para A of Part A of Schedule III of the Listing Regulations, referencing SEBI Master Circular No SEBI/HO/CFD/PoD2/CIR/P/0155 dated November 11, 2024, as amended, and HO/49/14/14(7)2025-CFD-POD2/I/3762/2026 updated as on January 30, 2026.

Appointment Details

Vinay Kumar Agarwal (DIN: 00646116) has been associated with Gajanan Securities Services since August 6, 2016. He is a Commerce Graduate with over 20 years of experience in the engineering and steel industries. The Board noted that his guidance has been valuable to the company and that his re-appointment would be of immense benefit to its operations.

Related Party Disclosure

The filing includes a mandatory disclosure of relationships between directors. Vinay Kumar Agarwal is the husband of Ms. Suman Agarwal (DIN: 02307222), who serves as a Non-Executive Director of the company. This relationship is disclosed in line with regulatory requirements for transparency in corporate governance.

Gajanan Securities Services Ltd reported a consolidated net profit of ₹69.46 lakh for the year ended March 31, 2026, a significant increase from ₹23.08 lakh in the previous year. The company's board approved the audited standalone and consolidated financial results for the fourth quarter and fiscal year 2026 on May 30, 2026. Statutory auditors M/s. P Khetan & Co. expressed an unmodified opinion on the financial results, confirming compliance with Indian Accounting Standards and SEBI regulations.

Consolidated Financial Performance

For the quarter ended March 31, 2026, the company reported a consolidated profit of ₹19.07 lakh. Total income for the quarter stood at ₹31.09 lakh, while total expenses were ₹10.89 lakh. For the full fiscal year, total income rose to ₹116.55 lakh, with total expenses at ₹28.23 lakh. Other income played a significant role, contributing ₹115.00 lakh to the annual revenue, while revenue from operations was ₹1.55 lakh.

Standalone Financial Results

On a standalone basis, the company reported a net profit of ₹0.30 lakh for the year ended March 31, 2026. Total income for the year was ₹10.97 lakh, with total expenses amounting to ₹11.28 lakh. The standalone figures reflect a narrower operational scope compared to the consolidated results, which include the performance of subsidiaries such as Maniroop Agencies Pvt. Ltd., Mukti Commercial Pvt. Ltd., and Innovation Infraestates Pvt. Ltd.

Key Financial Metrics

The following table summarizes the key financial figures for the standalone and consolidated results for the year ended March 31, 2026:

Assets and Liabilities

As of March 31, 2026, the company's consolidated total assets stood at ₹12,461.85 lakh, compared to ₹12,373.10 lakh in the previous year. Equity attributable to equity holders increased to ₹12,369.30 lakh from ₹12,299.84 lakh. The cash and cash equivalents at the end of the year were ₹439.02 lakh on a consolidated basis, a decrease from ₹1,233.71 lakh in the prior year, primarily due to net cash outflows from financing activities.