Prudent Corporate Advisory Services has scheduled its 23rd Annual General Meeting for July 31, 2026, to be held through video conferencing. The meeting will seek shareholder approval for a final dividend of ₹30.50 per equity share of face value ₹5 each for the financial year ended March 31, 2026. The company has fixed July 17, 2026, as the record date to determine member eligibility for the dividend, which is scheduled to be paid on or after August 7, 2026.

The board proposes adopting the standalone and consolidated financial statements for the year ended March 31, 2026. Shareholders will also consider the re-appointment of Mr. Shirish Govindbhai Patel, who retires by rotation and is eligible for re-appointment.

Special Business

The AGM will feature special resolutions to approve an increase in the remuneration of Mr. Shirish Govindbhai Patel, Whole-time Director and CEO. The board has recommended revising his fixed annual remuneration to ₹1,239.72 Lakhs, effective from April 1, 2026, for the remainder of his tenure. This represents an increase from his previously approved remuneration of ₹1,033.10 Lakhs per annum. The revision is based on industry benchmarks, the company's consolidated performance, and his executive responsibilities.

Mr. Patel will also be eligible for performance-based variable pay, which shall not exceed 100% of his fixed remuneration for the relevant financial year. The total managerial remuneration payable to all managerial personnel will not exceed 10% of the net profits, while the overall remuneration to all directors will not exceed 11% of the net profits, in accordance with Section 197 of the Companies Act, 2013.

Appointment of Related Party

Shareholders will vote on an ordinary resolution to appoint Mrs. Maitry Dhruvin Shah, daughter of Mr. Sanjay Shah (Chairman and Managing Director), as Head of Digital Initiatives. The appointment is for a period of five years effective April 1, 2026. Her remuneration will not exceed ₹65 Lakhs per annum for the financial year 2026-27, and not exceeding ₹125 Lakhs per annum for each subsequent financial year from 2027-28 to 2030-31.

The following table outlines the key financial proposals:

Meeting Details

The remote e-voting period commences on July 28, 2026, at 09:00 A.M. and concludes on July 30, 2026, at 05:00 P.M. Members registered as of the cut-off date, July 24, 2026, are eligible to vote. The meeting will be conducted via video conferencing without a physical venue, in compliance with Ministry of Corporate Affairs and SEBI circulars.

Prudent Corporate Advisory Services has filed its Business Responsibility and Sustainability Report (BRSR) for the financial year ended March 31, 2026, with the National Stock Exchange of India and BSE Limited. The report outlines the company's adherence to the National Guidelines on Responsible Business Conduct (NGRBC), detailing its environmental, social, and governance (ESG) performance. The disclosures were made on a standalone basis, covering the company's operations across 143 locations in 21 states.

General Disclosures

Prudent Corporate Advisory Services Limited, incorporated in 2003, reported a paid-up capital of ₹2,070.33 Lakhs. The company's primary business activity, accounting for 100% of its turnover, is financial and insurance service brokerage, consultancy, and advisory services. The report confirms that the company is compliant with all applicable environmental laws and regulations relevant to its operations in India. The Corporate Social Responsibility (CSR) Committee of the Board oversees the implementation of the company's business responsibility policies.

Employee Statistics

As of March 31, 2026, the company employed a total of 1,431 individuals, comprising 1,419 permanent employees and 12 employees on other than permanent contracts. The workforce included 1,090 male employees and 341 female employees. The company reported a turnover rate of 14.9% for permanent employees during FY26. Women represented 24% of the total workforce and held 17% of the seats on the Board of Directors. The company spent 0.26% of its total revenue on employee well-being measures during the year.

Environmental Performance

The company reported total energy consumption of 1,660 GJ for FY26, with an energy intensity of 1.26 GJ per Crore of turnover. Water consumption totaled 4,716 kilolitres, resulting in a water intensity of 3.74 KL per Crore of turnover. Total greenhouse gas emissions (Scope 1 and Scope 2) were 305.3 metric tonnes of CO2 equivalent, with an emission intensity of 0.24 MT CO2e per Crore of turnover. The company generated 0.12 metric tonnes of waste, all of which was recovered through recycling operations. As part of its environmental initiatives, the company planted over 12,500 indigenous trees and developed a Miyawaki forest in Ahmedabad.

Stakeholder Grievances

The company maintained a structured grievance redressal mechanism for various stakeholder groups. During FY26, it received 7 complaints from shareholders, all of which were resolved. Customer grievances totaled 18, with 2 pending resolution at the end of the year. No complaints were received from communities, investors (other than shareholders), or employees. The company appointed MUFG Intime India Private Limited as its Registrar and Share Transfer Agent to handle shareholder grievances.

Governance and Policies

Prudent Corporate Advisory Services has implemented a comprehensive policy framework covering all nine NGRBC principles, including the Code of Conduct, Whistle Blower Policy, and Data Privacy Policy. The company reported no fines, penalties, or disciplinary actions for bribery or corruption during the financial year. It confirmed that no instances of data breaches occurred during FY26. The company's digital platforms, such as FundzBazar and Fundzbot, support its paperless operations and customer engagement strategies.