Munoth Financial Services Limited held its 35th Annual General Meeting on September 28, 2026, at 11:30 am. The meeting was conducted through Video Conferencing and Other Audio Visual Means in compliance with regulatory guidelines.

Mr. Jaswant Munoth, Managing Director, served as the Chairman of the meeting. After ascertaining the quorum, he called the meeting to order and welcomed the shareholders. The company informed members that the annual report and notice were delivered per statutory requirements, with the notice and auditor's report taken as read upon shareholder permission.

Resolutions and Director Re-appointments

Shareholders adopted several ordinary resolutions during the session. These included receiving and adopting the audited financial statements for the financial year ended March 31, 2026. The documents covered the balance sheet, statement of profit and loss, cash flow statement, and reports from the directors and auditors.

The meeting also addressed board composition changes due to rotation. Two directors who retired by rotation were re-appointed:

Both directors were eligible for re-appointment and offered themselves for the same.

Voting Process and Timeline

The company provided a remote e-voting facility for members to cast votes electronically on all business items. E-voting commenced at 9:00 am on September 25, 2026, and concluded at 5:00 pm on September 27, 2026. Mr. N. Selvam, Practicing Company Secretary, was appointed as the scrutinizer to ensure fair and transparent conduct of the voting process.

The meeting started at 11:30 am and concluded at 12:15 pm. Voting results will be notified to the stock exchange within two working days from the conclusion of the AGM, as prescribed under Regulation 44(3) of SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015. Details will also be uploaded on the company's website.

Munoth Financial Services will hold its 35th Annual General Meeting on September 28, 2026. The meeting is scheduled for 11:30 am and will be conducted exclusively through video conferencing or other audio-visual means, with no physical gathering planned.

The company notified the Bombay Stock Exchange regarding the filing of its annual report for FY26. This disclosure was made pursuant to Regulations 30, 34, and 42 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015.

E-voting and Book Closure

Shareholders holding shares as of September 21, 2026, are eligible to vote. Remote e-voting will commence at 9:00 am on September 25, 2026, and end at 5:00 pm on September 27, 2026. Votes must be cast via CDSL during this window; attendees joining via video conference cannot vote during the meeting itself.

The register of members and share transfer books will remain closed from September 22, 2026, to September 28, 2026 (both days inclusive).

Shareholder Communications

Shareholders with registered email addresses will receive the annual report and AGM notice electronically. The documents, including the notice dated August 13, 2026, are also available on the company’s website.

Members holding shares in physical form who have not registered their email addresses can obtain login details by sending a scanned copy of their share certificate, PAN card, and address proof to cs@munothfinancial.com . Physical shareholders are also requested to update details via Cameo Corporate Services Ltd.

Financial Performance for FY26

The company reported a net loss of ₹1.11 crore for FY26, widening from a loss of ₹36.03 lakh in FY25. Revenue from operations declined to ₹41.38 lakh from ₹57.11 lakh in the previous year. Total expenses rose to ₹1.17 crore from ₹85.65 lakh, driven primarily by a loss on fair value of investments of ₹38.83 lakh.

Stock broking income decreased to ₹38.21 lakh from ₹47.54 lakh. Depository participant income fell to ₹3.17 lakh from ₹5.57 lakh. The company surrendered its Portfolio Management Services registration during the financial year.

What the Numbers Show

The widening loss was significantly impacted by non-operational factors. While operational revenue contracted by nearly 28%, total expenses surged by over 36%. A substantial portion of this expense increase stems from a ₹38.83 lakh loss on the fair value of investments, compared to just ₹2.17 lakh in the prior year. This indicates that the deterioration in profitability is largely driven by mark-to-market adjustments on its investment portfolio rather than core business operations alone.

Company Profile

Munoth Financial Services operates as a member of the National Stock Exchange. It holds registrations as a merchant banker and depository participant.