Mathew Easow Research Securities Limited (BSE: 511688) approved its audited financial statements for FY26 and appointed two non-executive independent directors during its 32nd Annual General Meeting (AGM). The meeting, held via video conferencing on September 30, 2026, also ratified the re-appointment of a retiring director.

The Board of Directors presented the audited financials for the fiscal year ended March 31, 2026, along with the Board and Auditors' reports. Shareholders adopted these documents through an ordinary resolution. The virtual format complied with Ministry of Corporate Affairs and SEBI circulars, with remote e-voting available from September 27 to September 29, 2026.

Director appointments and re-election

The AGM addressed significant changes to the Board composition. Members approved the appointment of Ganga Sharan Pandey as a Non-Executive Independent Director. Additionally, Sarika Kedia was approved for appointment as a Non-Executive Independent Director.

The meeting also transacted the re-appointment of Pritha Sinha Pandey, who was liable to retire by rotation. She offered herself for re-appointment and was confirmed by shareholders through an ordinary resolution.

Meeting proceedings and voting

The meeting was chaired by Beda Nand Choudhary, Chairman of the Board. CS Rajshree Mundhra served as Company Secretary and Compliance Officer. The scrutinizer for the voting process was Jagannath Kar, a practicing company secretary appointed by the Board.

Consolidated e-voting results were scheduled for announcement within 48 hours of the meeting's conclusion. The session concluded at 1:10 pm, with e-voting facilities remaining open for an additional 15 minutes.

Mathew Easow Research Securities Limited has scheduled its 32nd Annual General Meeting for September 30, 2026, to adopt financial statements for FY26 and approve key board appointments. The virtual meeting will also address the re-appointment of director Ms. Pritha Sinha Pandey.

The company will conduct the meeting via video conferencing or other audio-visual means in compliance with Ministry of Corporate Affairs circulars. Shareholders can participate remotely or cast votes electronically through the National Securities Depository Limited platform.

FY26 Financial Performance

For the financial year ended March 31, 2026, total income rose 6.9% to ₹284.83 lakh from ₹266.52 lakh in FY25. Profit after tax declined slightly to ₹8.17 lakh from ₹8.30 lakh in the previous year. Interest income increased to ₹273.04 lakh from ₹258.88 lakh, while finance costs decreased to ₹142.38 lakh from ₹162.56 lakh.

Total assets stood at ₹3,633.47 lakh as of March 31, 2026, compared to ₹3,634.92 lakh in FY25. Borrowings decreased marginally to ₹2,183.11 lakh from ₹2,198.37 lakh.

Board Appointments

The agenda includes the re-appointment of Ms. Pritha Sinha Pandey as a director. She retires by rotation at this meeting and offers herself for re-appointment. Ms. Pandey holds an LLB and Company Secretary qualification, with over 15 years of experience in legal and corporate law matters.

Additionally, shareholders will vote on the appointment of two new independent directors:

• Mr. Ganga Sharan Pandey, a Chartered Accountant with over 32 years of experience in accounts and taxation. He was appointed as an additional director effective February 7, 2026.
• Ms. Sarika Kedia, a practicing Company Secretary with more than 8 years of experience in corporate governance and regulatory compliance. Her appointment as an additional director took effect on May 27, 2026.

Both new appointees will serve five-year terms not liable to retire by rotation.

Voting and Participation Details

Remote e-voting begins on September 27, 2026, at 9:00 am and ends on September 29, 2026, at 5:00 pm. The cut-off date for voting rights is September 23, 2026. Only members recorded in the register of members or depositories as of this date are eligible to vote.

The company has appointed CS Jagannath Kar as the scrutinizer for the e-voting process. Results will be declared within 48 hours of the meeting's conclusion. The register of members and share transfer books will remain closed from September 24 to September 30, 2026.