Khandwala Securities confirms no encumbrance on promoter shares in FY26

Khandwala Securities Limited confirmed that its promoters have not created any encumbrance, directly or indirectly, on the equity shares held by them during the financial year ended March 31, 2026. This disclosure ensures that the shareholding structure remains free from pledged assets, which is a key indicator of financial stability for investors. The declaration was submitted to the stock exchanges on April 7, 2026.

The filing was made in compliance with Regulation 31(4) of the SEBI (Substantial Acquisition of Shares and Takeovers) Regulations, 2011. Paresh J. Khandwala, a promoter of the company, provided the confirmation on behalf of the entire promoter group and persons acting in concert. The document was addressed to BSE Limited and National Stock Exchange of India Limited.

Disclosure Details

The annual disclosure covers the status of shares held by the promoters for the specified financial year. The confirmation explicitly states that no shares were encumbered during this period.

Particulars	Details
Regulation	Regulation 31(4) of SEBI (Substantial Acquisition of Shares and Takeovers) Regulations, 2011
Financial Year	FY26
Encumbrance Status	No encumbrance on promoter shares
Filing Date	April 7, 2026

The company secretary and compliance officer, Abhishek Joshi, submitted the filing to the exchanges on behalf of Khandwala Securities Limited. A copy of the disclosure was also forwarded to the Audit Committee of the company.

1 Day	5 Days	1 Month	6 Months	1 Year	5 Years
-0.54%	+1.61%	+7.84%	-17.57%	-22.33%	+4.57%

Khandwala Securities Limited has announced its audited financial results for the quarter and fiscal year ended March 31, 2026. The board of directors approved the results during a meeting held on May 21, 2026. For the fiscal year 2026, the company reported a net loss of Rs 127.03 lakh, compared to a net loss of Rs 79.92 lakh in the previous year. Revenue from operations for the year stood at Rs 789.44 lakh, down from Rs 953.93 lakh in FY25.

The standalone financial results for the quarter ended March 31, 2026, show a net loss of Rs 43.99 lakh. Revenue from operations for the quarter was Rs 229.93 lakh. Total expenses for the quarter amounted to Rs 318.63 lakh. The company's paid-up equity share capital remained constant at Rs 1,525.38 lakh.

Financial Performance

Metric	FY26 (Rs in lakhs)	FY25 (Rs in lakhs)
Revenue from Operations	789.44	953.93
Total Income	935.63	1,512.96
Total Expenses	1,064.07	1,490.38
Net Profit/(Loss)	(127.03)	(79.92)
Earnings Per Share (Basic)	(0.83)	(0.52)

The board also approved the re-appointment of M/s. Savina & Pooja, Chartered Accountants, as the internal auditor of the company for the financial year 2026-2027. The auditors, Pravesh Agarwal & Associates, issued a qualified opinion on the standalone and consolidated financial results. The qualifications relate to the recoverability of share application money of Rs 216.69 lakh outstanding for 288 months and long-term deposits of Rs 350.00 lakh for which no provision has been made.