Palash Securities files Q1FY27 standalone and consolidated results

0 min read     Updated on 15 Aug 2026, 05:02 PM
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Palash Securities Limited has officially submitted its Q1FY27 financial results to Indian stock exchanges. The unaudited standalone and consolidated figures were published in The Business Standard on August 15, 2026, adhering to SEBI's disclosure norms. No specific financial metrics were disclosed in the filing notice itself.

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Palash Securities Limited has filed its unaudited standalone and consolidated financial results for the quarter ended June 30, 2026, with the National Stock Exchange of India Ltd. and BSE Ltd. The submission was made in compliance with Regulation 30 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015.

The company published the extracts of the financial results in The Business Standard (English and Hindi Lucknow Edition) on Saturday, August 15, 2026. The filing requests that the exchanges take the publication on record.

Vikram Kumar Mishra, Company Secretary of Palash Securities Limited, signed the communication addressed to the Listing Departments of both stock exchanges. The corporate office is located at Birla Building, Kolkata.

Filing Details

  • Period: Quarter ended June 30, 2026
  • Publication Date: August 15, 2026
  • Regulatory Basis: Regulation 30 of SEBI LODR Regulations, 2015
  • Signatory: Vikram Kumar Mishra (Company Secretary)

Historical Stock Returns for Palash Securities

1 Day5 Days1 Month6 Months1 Year5 Years
+0.51%+4.25%+0.49%-5.51%-23.37%+28.43%

How will the unaudited financial performance for Q2 FY27 influence Palash Securities' stock price trajectory in the upcoming trading sessions?

What specific operational or strategic initiatives might Palash Securities undertake to address any variances between standalone and consolidated results?

How does Palash Securities' compliance timeline compare to industry peers, and does the August 15 publication date signal any administrative delays?

Palash Securities appoints Singhi & Co. as statutory auditor for five years

2 min read     Updated on 05 Aug 2026, 10:48 PM
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Palash Securities Limited completed its 12th AGM on August 5, 2026, approving key governance decisions including the appointment of M/s. Singhi & Co. as statutory auditors for five years and the re-appointment of Ms. Shalini Nopany as a director. The resolutions were passed with significant support from promoter shareholders, while public non-institutional shareholders voted against all items. The meeting adhered to regulatory requirements for virtual conduct and e-voting scrutiny.

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Palash Securities Limited shareholders approved the appointment of M/s. Singhi & Co. as its statutory auditors for a five-year term and the re-appointment of Ms. Shalini Nopany as a director during the company’s 12th Annual General Meeting (AGM) held on August 5, 2026. The resolutions were passed with overwhelming support from promoter and promoter group shareholders, who hold a controlling stake in the company, ensuring continuity in governance and audit oversight.

The meeting was conducted through Video Conference (VC) or Other Audio Visual Means (OAVM) in compliance with Ministry of Corporate Affairs (MCA) Circular No. 03/2025 dated September 22, 2025, and SEBI guidelines. Mohan Ram Goenka, Company Secretary in Practice (FCS No. 4515, CP No. 2551), served as the scrutinizer for the e-voting process. The remote e-voting facility was open from August 1, 2026, to August 4, 2026. A total of 54 members cast votes via remote e-voting, while no votes were cast on the day of the AGM.

Voting Results and Shareholder Participation

The total number of shareholders as on the cut-off date of July 29, 2026, was 8,215. Promoter and promoter group shareholders held 7,220,287 shares, representing approximately 72.18% of the total equity shares of 10,003,102. Public non-institutional shareholders held 2,712,047 shares. The promoter group participated actively in all resolutions, casting votes in favor of all items.

Resolution Item Total Votes Polled Votes in Favor % in Favor Votes Against % Against
Adoption of Financial Statements 7,349,361 7,338,361 99.85% 11,000 0.15%
Re-appointment of Ms. Shalini Nopany 7,316,468 7,305,468 99.85% 11,000 0.15%
Appointment of Statutory Auditors 7,349,361 7,338,361 99.85% 11,000 0.15%

All three ordinary resolutions were passed by the requisite majority. The dissenting votes, totaling 11,000 shares, originated from public non-institutional shareholders who voted against all three resolutions. Public institutional shareholders did not participate in the voting process.

Auditor Appointment and Profile

The Board of Directors recommended the appointment of M/s. Singhi & Co., Chartered Accountants (Firm Registration Number: 302049E), based on the firm’s profile and independence. This appointment replaces the outgoing statutory auditors, M/s. Agrawal Subodh & Co. M/s. Singhi & Co. will serve from the conclusion of the 12th AGM until the conclusion of the 17th AGM. The firm, founded in 1940 by Late R. C. Singhi, employs over 600 professionals and serves more than 150 listed companies. It is ICAI Peer Reviewed and offers services in audit, assurance, risk consulting, and corporate finance.

The appointment was made in compliance with Regulation 30 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015, read with SEBI Master Circular No. SEBI/HO/49/14/14(7)2025-CFD-POD2/I/3762/2026 dated January 30, 2026.

Director Re-appointment

Ms. Shalini Nopany (DIN: 00077299), who retired by rotation, offered herself for re-appointment as a director. The resolution received strong support from the promoter group, which cast 7,187,394 votes in favor. The public non-institutional shareholders again voted against this resolution, contributing the 11,000 dissenting votes. Ms. Nopany chaired the AGM initially but stepped down temporarily to allow Managing Director Mr. Suraj Kumar Agrawal to preside over her reappointment proceedings.

Historical Stock Returns for Palash Securities

1 Day5 Days1 Month6 Months1 Year5 Years
+0.51%+4.25%+0.49%-5.51%-23.37%+28.43%

How might the appointment of M/s. Singhi & Co., a firm with extensive experience in listed companies, influence Palash Securities' audit quality and regulatory compliance standards over the next five years?

What are the strategic implications for Palash Securities' governance and board dynamics following the re-appointment of Ms. Shalini Nopany amidst consistent dissent from public non-institutional shareholders?

Could the 0.15% dissenting votes from public non-institutional shareholders signal underlying concerns about management performance or corporate governance that may escalate in future AGMs?

More News on Palash Securities

1 Year Returns:-23.37%