Munoth Capital Markets Ltd adopted its audited financial statements for FY26 during its 40th Annual General Meeting held on September 30, 2026. The meeting also ratified the re-appointment of Siddharth Shantilal Jain as Managing Director and regularized the appointment of Vipulkumar Vitthalbhai Patel as an Independent Director.

The proceedings, conducted at the company's registered office in Ahmedabad, Gujarat, commenced at 10:30 am and concluded by 11:00 am. Siddharth Shantilal Jain chaired the meeting, confirming the requisite quorum was present before initiating the agenda items.

Key resolutions passed

Members voted on seven resolutions, including the adoption of financial reports and several related-party transactions. The specific matters considered are detailed below:

Voting and procedural details

The Chairman announced that e-voting results would be disclosed within two working days and communicated to the stock exchanges. No questions or queries were raised by members present during the open floor segment. The meeting ended promptly at 11:00 am after the Chairman thanked the attendees.

Munoth Capital Markets has announced the book closure period for its 40th Annual General Meeting. The register of members and share transfer books will remain closed from September 23, 2026, to September 30, 2026.

The company specified two distinct cut-off dates for shareholder determination. Shareholders on record as of September 4, 2026, will receive the AGM notice. Those on record as of September 23, 2026, will be eligible to participate in e-voting during the meeting scheduled for September 30, 2026.

Book Closure Details

This disclosure was made pursuant to Regulation 42 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015. The intimation was signed by Managing Director Siddharth Shantilal Jain on September 8, 2026.

Financial Context

The corporate action follows the company’s FY26 results, which reported a net loss of ₹17.7 lakh, reversing a net profit of ₹18.4 lakh in the previous year. Revenue from operations grew 60% to ₹55.4 lakh, but total expenses surged 198% to ₹94.7 lakh.

What the Numbers Show

Other income remained relatively stable at ₹21.9 lakh, largely derived from interest on fixed deposits. This non-operating income constituted nearly 28% of total income, highlighting a dependency on investment returns rather than core brokerage profitability. The widening gap between revenue growth and expense inflation indicates significant pressure on operational margins.

Balance Sheet and Governance

The company maintains a debt-free balance sheet with no long-term borrowings or public deposits. Total assets decreased slightly to ₹5.8 crore from ₹5.9 crore in the previous year. The Board did not recommend any dividend for FY26 due to the incurred losses.

At the upcoming AGM, shareholders will vote on the reappointment of Managing Director Siddharth Shantilal Jain and the regularization of Vipulkumar Vitthalbhai Patel as an independent director. The meeting also seeks approval for related-party transactions with four entities, each capped at ₹50 lakh.