Nivi Trading has announced its 41st Annual General Meeting (AGM), scheduled for Tuesday, September 29, 2026, at 2:00 pm IST. The meeting will convene at the company’s registered office in Mumbai to transact business as outlined in the notice.

Meeting and Voting Details

The company is providing a remote e-voting facility through National Securities Depository Limited (NSDL). Shareholders can cast their votes electronically during the specified window. The voting module will be disabled after the deadline.

Shareholder Eligibility

The cut-off date for determining eligibility to vote or attend the AGM is Tuesday, September 22, 2026. Only members whose names appear in the Register of Members or the Register of Beneficial Owners as on this date are entitled to avail the e-voting facility. Voting rights are proportional to the shareholding in the paid-up equity capital as on the cut-off date.

Document Access

The notice of the AGM, along with the financial statements for FY26, Board’s Report, and Auditors’ Report, has been sent via email to registered members. These documents are also available on the company’s website. Physical copies of the Annual Report can be requested by writing to the investor relations email address with folio details.

Nivi Trading reported a net loss of ₹0.22 lakh for the financial year ended March 31, 2026, widening from a loss of ₹0.11 lakh in the previous year. The company’s total income rose sharply to ₹18.41 lakh, compared to ₹8.16 lakh in FY25, primarily driven by interest income from fixed deposits.

The 41st Annual General Meeting is scheduled for September 29, 2026, to adopt the audited financial statements and approve special resolutions for granting loans and making investments up to ₹50 crore. Shareholders on record as of September 22, 2026, are eligible to vote via remote e-voting or in person.

Financial Performance

Total expenses increased to ₹18.70 lakh from ₹8.09 lakh in the prior year. Revenue from operations stood at ₹10.53 lakh, entirely derived from commission income, whereas the previous year recorded no such revenue. Other income amounted to ₹7.87 lakh, down slightly from ₹8.16 lakh last year, with interest on fixed deposits contributing ₹7.19 lakh.

The Board did not recommend any dividend for the year under review. No amount was transferred to reserves. The paid-up equity share capital remained unchanged at ₹124.56 lakh, comprising 12,45,600 equity shares of face value ₹10 each.

Balance Sheet Signals

Cash and cash equivalents surged to ₹111.93 lakh as of March 31, 2026, from just ₹3.73 lakh a year earlier. This increase was largely due to the maturity of a fixed deposit worth ₹109.00 lakh during the year, which was previously classified as a non-current asset. Investments in equity instruments stood at ₹40.52 lakh, an increase from ₹38.58 lakh in the previous year.

What the Numbers Show

The widening net loss despite a significant rise in total income highlights the impact of increased operational costs. Employee benefit expenses rose to ₹10.15 lakh from nil in the prior year, accounting for more than half of the total revenue from operations (₹10.53 lakh). This suggests that the newly recognized operational activities incurred high personnel costs relative to the commission income generated, eroding profitability despite strong interest income from investments.

Corporate Governance

Mr. Jaidev R. Shroff retires by rotation and offers himself for re-appointment as a Non-Executive Director. The Board also approved the appointment of Mr. Bipin Nandlal Jani as Managing Director for five years effective March 30, 2025. Statutory auditors Vora & Associates issued an unmodified opinion on the financial statements.