HB Stockholdings Limited reported a narrowed consolidated net loss of ₹1082.15 Lakhs for the financial year ended March 31, 2026 (FY26), compared to a net loss of ₹1201.38 Lakhs in the previous year. The improvement coincides with a significant rise in total revenue from operations, which grew to ₹257.58 Lakhs from ₹151.46 Lakhs in FY25, driven primarily by net profits in equity derivative trading and share dealing amounting to ₹120.04 Lakhs. Despite the operational improvement, the company continues to face regulatory scrutiny as it navigates an ongoing investigation by the Securities and Exchange Board of India (SEBI).

The Board of Directors has convened the 39th Annual General Meeting (AGM) for Thursday, August 27, 2026, at 12:00 Noon. The meeting will be held through Video Conferencing (VC) or Other Audio-Visual Means (OAVM) in compliance with Ministry of Corporate Affairs (MCA) circulars and Regulation 44 of the SEBI Listing Regulations. Key agenda items include the adoption of audited standalone and consolidated financial statements and the re-appointment of Mr. Anil Goyal as a Director.

Financial Performance Highlights

The company’s standalone results mirrored the consolidated trends, reporting a net loss of ₹1079.34 Lakhs against ₹1198.70 Lakhs in FY25. Total income stood at ₹270.97 Lakhs, comprising interest income of ₹95.05 Lakhs, dividend income of ₹42.49 Lakhs, and other income of ₹13.39 Lakhs. Expenses increased to ₹1545.55 Lakhs from ₹1174.43 Lakhs, largely due to higher finance costs and employee benefits.

The Board did not recommend any dividend for FY26 to conserve resources. The paid-up equity share capital remained unchanged at ₹7.13 Crore.

Regulatory Developments

A material disclosure in the annual report concerns an Ex-Parte Interim Order Cum Show Cause Notice issued by SEBI on June 17, 2025. The regulator quantified ₹242.38 Lakhs as unlawful gains earned by the company and initially restricted its bank and depository accounts. In compliance, HB Stockholdings placed ₹242.38 Lakhs in a fixed deposit with a lien in favor of SEBI on June 18, 2025, which led to the removal of restrictions on its accounts. The company submitted a detailed reply on November 30, 2025, and the matter was part-heard by the Whole-Time Member of SEBI on March 5, 2026. The final order is pending.

Corporate Governance and AGM Details

The Secretarial Audit Report for FY26 noted no qualifications or adverse remarks. Statutory Auditors N.C. Aggarwal & Co. confirmed that the internal financial controls were adequate and operating effectively.

Shareholders can participate in the remote e-voting process starting Monday, August 24, 2026, at 9:00 AM until Wednesday, August 26, 2026, at 5:00 PM. Members holding shares in physical form must register their email addresses with the Registrar and Share Transfer Agent, RCMC Share Registry Private Limited, to access e-voting credentials. The facility for appointment of proxies is not available for this virtual meeting.

What the Numbers Show

The reduction in net loss despite a rise in expenses highlights the volatility inherent in the company’s investment-focused business model. The primary driver for the improved bottom line was the reversal of losses in equity derivative trading, which contributed ₹120.04 Lakhs to revenue in FY26 compared to zero in FY25. However, operating revenues such as interest and dividend income saw mixed performance, with interest income declining to ₹95.05 Lakhs from ₹111.14 Lakhs. This divergence suggests that the loss reduction was non-operational in nature, relying heavily on capital market gains rather than core lending or investment yield improvements.

Source: https://lodr-files.dhan.co/lodr-inputs/Company/INE550B01022/0729b98bc2744a7d.pdf

HB Stockholdings Limited has scheduled its 39th Annual General Meeting (AGM) for August 27, 2026. The meeting will be held at 12.00 Noon through Video Conferencing (VC) or Other Audio Visual Means (OAVM), in compliance with the Companies Act, 2013 and the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015.

The AGM will transact business as outlined in the notice convening the meeting. The company stated that the Notice convening the AGM, along with the Annual Report for the Financial Year 2025-26, will be filed with the stock exchanges and circulated to members in due course.

Key Meeting Details

The intimation regarding the AGM was submitted to the exchanges pursuant to Regulation 30 read with Schedule III of the SEBI LODR Regulations. Pooja Jain, Company Secretary & Compliance Officer, signed the disclosure on behalf of HB Stockholdings Limited.