Pyxis Finvest Limited has fixed September 25, 2026, as the record date for its 21st Annual General Meeting (AGM). The meeting is scheduled for September 30, 2026, to approve audited financial results for FY26.

The company reported a net loss of ₹110.43 lakh for FY26, a sharp reversal from the net profit of ₹33.73 lakh recorded in FY25. Shareholders on record as of September 25, 2026, are eligible to vote at the meeting, which will commence at 11:00 am at the corporate office in Mumbai.

Financial Performance

Total income rose slightly to ₹153.91 lakh from ₹147.72 lakh in the previous year. However, total expenses surged to ₹295.49 lakh from ₹102.13 lakh, primarily due to higher fair-value losses on securities, bad debts written off, and increased prudential provisions.

Interest income fell to ₹85.17 lakh from ₹169.47 lakh. Conversely, other revenue from operations turned positive at ₹13.33 lakh, compared to a loss of ₹21.76 lakh in FY25, aided by a recovery of ₹55.42 lakh from National Spot Exchange Limited (NSEL) dues.

Auditor Appointments

Based on Audit Committee recommendations, the board re-appointed the following firms for FY27:

• Internal Auditor: M/s. MAKK & Co. (formerly M/s. R Jaitlia & Co.), Chartered Accountants.
• Secretarial Auditor: M/s. Kothari H. & Associates, Practising Company Secretaries.

The board noted no relationships between directors and the appointed audit firms. M/s. Bharat Gupta & Co. continues as the statutory auditor.

What the Numbers Show

The shift to a net loss was driven by non-operational factors rather than core lending activity alone. While interest income declined significantly, the recognition of ₹55.42 lakh in NSEL recoveries helped offset some trading losses. However, a net loss on fair value changes of ₹83.99 lakh and bad debts written off of ₹62.32 lakh outweighed these gains. Additionally, an RBI prudential provision of ₹97.00 lakh was made against a sub-standard asset of ₹970.00 lakh, reflecting heightened credit risk concentration in the loan portfolio.

Pyxis Finvest Limited has submitted its disclosure of Related Party Transactions (RPTs) for the half year and year ended 31 March 2026, pursuant to Regulation 23(9) of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015. The filing was made to the Department of Corporate Services, BSE Limited, on 18 May 2026, and was digitally signed by Company Secretary Yojana R. Pednekar.

Related Party Transactions Overview

The disclosure covers five distinct transactions involving Pyxis Finvest Limited and its related parties, spanning remuneration to key personnel, broking and demat services, and loan-related transactions. All transactions were reported with nil opening and closing balances unless otherwise specified.

The following table summarises the RPTs disclosed for the reporting period:

Transaction-Wise Disclosure

The detailed breakdown of each related party transaction, as disclosed in Annexure 1, is presented below:

Loan Transaction Details

Among the disclosed transactions, the loan extended to BCB Brokerage Pvt Ltd carries specific terms as reported in the filing. The key parameters of this loan are as follows:

• Nature: Unsecured loan
• Interest Rate: 15%
• Tenure: 11 months
• End-Usage: Working capital
• Opening Balance: Nil
• Closing Balance: Nil

The interest on this loan, amounting to Rs. 0.19 crore during the reporting period, was also disclosed separately under the audit committee-approved limit of Upto Rs. 100 Crore.

Compliance and Filing Details

The disclosure was filed in accordance with Regulation 23(9) of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015. All transactions were conducted within the limits approved by the audit committee, and opening as well as closing balances for remuneration and broking transactions were reported as nil. The filing was submitted on behalf of Pyxis Finvest Limited by Company Secretary Yojana R. Pednekar.