Hybrid Financial Services Limited has scheduled its Thirty-Ninth Annual General Meeting (AGM) for Friday, September 11, 2026, to be conducted via Video Conferencing (VC) or Other Audio-Visual Means (OAVM). The meeting is set to begin at 11:00 AM. This virtual format ensures accessibility for all shareholders while adhering to regulatory guidelines issued by the Ministry of Corporate Affairs (MCA) and the Securities and Exchange Board of India (SEBI). The primary business to be transacted includes the approval of financial statements and other routine matters as detailed in the Notice of AGM.

The company’s Register of Members and Share Transfer Books will remain closed from Monday, September 7, 2026, through Friday, September 11, 2026. This book closure period establishes the list of shareholders eligible to vote and receive dividends. Only those holding securities as of the close of business on September 7, 2026, can participate in the meeting. No transfer of shares or registration of new members will be processed during this five-day window.

Key Dates and Meeting Details

The following table outlines the critical timelines for the Thirty-Ninth AGM:

Email Registration Requirement

In adherence to MCA and SEBI circulars, copies of the AGM notice will be sent exclusively by email. Shareholders holding physical shares who have not registered or updated their email addresses must do so promptly. They are required to send a scanned signed request letter mentioning their name, folio number, email ID, mobile number, and complete address. Additionally, they must submit a self-attested copy of their PAN card and a self-attested copy of any address proof document, such as an Aadhaar Card, Driving Licence, Election Identity Card, or Passport.

These documents should be sent to the Registrar and Transfer Agent at investor@bigshareonline.com , with a copy to investor@hybridfinance.co.in . Demat holders must ensure their email addresses are updated with their respective Depository Participants (DPs). Failure to register an email ID may result in missing critical communications regarding the AGM.

Regulatory Compliance

The intimation was issued pursuant to Regulation 42 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015, read with Circular No. 03/2025 dated September 22, 2025, and other applicable MCA circulars. K. Chandramouli, Company Secretary, submitted the filing to the National Stock Exchange of India Limited and BSE Ltd. The notice confirms compliance with the Companies Act, 2013, and relevant regulatory guidelines for remote meetings. Investors are advised to verify their demat holdings and email registrations before the book closure begins to avoid disenfranchisement during the voting process.

Hybrid Financial Services Limited reported a net profit of ₹27.00 lakh for the financial year ended March 31, 2026, down from ₹38.37 lakh in the previous year, reflecting softer operational performance amid market volatility. Total income declined to ₹68.05 lakh from ₹71.89 lakh, primarily due to a decrease in brokerage income. The company also recorded other comprehensive income of ₹25.64 lakh, boosting total comprehensive income to ₹52.64 lakh. The Board declared a 1% dividend on preference shares and approved the full redemption of outstanding preference shares amounting to ₹70 lakh.

The decline in profitability was driven by lower brokerage earnings, which fell to ₹34.93 lakh from ₹38.82 lakh in the prior year. Income from depository services also contracted to ₹1.27 lakh from ₹1.71 lakh. While operational revenue decreased, other income rose slightly to ₹31.48 lakh from ₹30.92 lakh, supported by interest income and gains on sale of investments. Total expenses increased to ₹41.07 lakh from ₹31.39 lakh, largely due to an ₹8.00 lakh provision for bad debts written off, which did not appear in the previous year's expenses.

Financial Performance Highlights

The earnings per share stood at ₹0.92 for FY26, compared to ₹1.30 in FY25. The company’s cash and cash equivalents increased to ₹38.03 lakh from ₹23.87 lakh, indicating improved liquidity despite the profit decline. Non-current investments rose to ₹271.39 lakh from ₹241.71 lakh, while borrowings remained stable at ₹7.00 lakh following the partial redemption of preference shares.

Corporate Governance and Appointments

The 39th Annual General Meeting is scheduled for September 11, 2026, via video conferencing. A key agenda item is the appointment of Mrs. Megha Jatendra Vazkar as Whole Time Director for a three-year term starting July 1, 2026. Her appointment aligns with exchange requirements following the merger with Maximus Securities Limited, approved by the National Company Law Tribunal on October 16, 2025. Mrs. Vazkar will oversee stock broking and investment activities, with a basic salary scale of ₹1.00 lakh to ₹1.75 lakh per month and variable pay up to ₹10 lakh based on performance.

What the Numbers Show

The divergence between falling operational revenue and rising total comprehensive income highlights the company’s reliance on investment revaluations rather than core brokerage growth. While brokerage income dropped by nearly 10%, the significant rise in other comprehensive income—driven by remeasurement gains on non-current investments—masked some of the operational weakness. This suggests that future profitability may remain sensitive to market fluctuations in its investment portfolio rather than consistent fee-based revenue streams.