Munoth Capital Markets sets Sep 23 as AGM record date
- Munoth Capital Markets closes books from September 23 to 30, 2026, for its 40th AGM
- Record date for e-voting eligibility is set at September 23, 2026
- Notice recipients determined by shareholding as of September 4, 2026
- Company reported a FY26 net loss of ₹17.7 lakh amid rising expenses
- Shareholders to vote on MD reappointment and related-party transactions

*this image is generated using AI for illustrative purposes only.
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
| Security Type | Book Closure Period | Cut-Off Date | Purpose |
|---|---|---|---|
| Equity | September 23–30, 2026 | September 4, 2026 | Determining shareholders for sending notice |
| Equity | September 23–30, 2026 | September 23, 2026 | Determining shareholders to participate in E-Voting of 40th AGM |
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.
Historical Stock Returns for Munoth Capital Markets
| 1 Day | 5 Days | 1 Month | 6 Months | 1 Year | 5 Years |
|---|---|---|---|---|---|
| 0.0% | +5.00% | 0.0% | 0.0% | 0.0% | 0.0% |
How does Munoth Capital Markets plan to address the 198% surge in operating expenses to restore profitability in FY27?
What is the strategic rationale behind approving related-party transactions capped at ₹50 lakh each, and how might they impact future operational costs?
Given the heavy reliance on non-operating income, will the company adjust its investment portfolio to mitigate interest rate risks?































