Rajasthan Securities Limited’s board has approved the incorporation of a wholly owned subsidiary in India with an initial capital of ₹1 crore to support its long-term growth strategy. The new entity will focus on general trading and trading in securities, aligning with the main business activities of the parent company. The subsidiary will be a related party of the company upon incorporation, though the company currently has no promoters, promoter group, or group companies.

The board meeting, held on July 14, 2026, sanctioned the subscription to equity share capital up to ₹1 crore through cash consideration. The proposed authorized and paid-up share capital of the subsidiary is set at ₹1 crore. Rajasthan Securities Limited will hold 100% shareholding in the new entity, excluding any nominee shareholding required by law.

The incorporation of the subsidiary is subject to approval from the Ministry of Corporate Affairs and other relevant statutory authorities. The company stated that the necessary update would be provided once the subsidiary is incorporated. The business of the wholly owned subsidiary is not outside the main line of business of the company.

Key Details of the Proposed Subsidiary

The board’s decision was communicated to the Bombay Stock Exchange under Regulation 30 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015. The meeting commenced at 4:00 PM and concluded at 5:35 PM on July 14, 2026. The company’s registered office is located in Nagpur, Maharashtra.

Rajasthan Securities reported a net profit of ₹8,099.41 lakh for the financial year ended March 31, 2026, a significant increase from ₹701.39 lakh in the previous year. The company’s revenue from operations for FY26 stood at ₹6,121.25 lakh. For the quarter ended March 31, 2026, the company recorded a net profit of ₹6,114.07 lakh and revenue from operations of ₹6,121.25 lakh.

The Board of Directors approved the audited financial results for the quarter and year ended March 31, 2026, at its meeting held on May 28, 2026. M/s. Sanjay Chindaliya & Company, Chartered Accountants, the statutory auditor, issued an audit report with an unmodified opinion on the standalone financial results.

Total income for the year ended March 31, 2026, was ₹13,271.21 lakh, up from ₹823.26 lakh in the previous year. Other income contributed ₹7,149.96 lakh to the total income for FY26. Total expenses for the year amounted to ₹2,840.49 lakh, compared to ₹19.88 lakh in the prior year.

The company’s earnings per share (EPS) for the year ended March 31, 2026, was ₹10.54 on a basic and diluted basis, up from ₹0.91 in the previous year. For the quarter ended March 31, 2026, the EPS stood at ₹7.95. The paid-up equity share capital remained unchanged at ₹2,306.21 lakh.

Financial Performance

Balance Sheet Highlights

The total assets of the company as of March 31, 2026, stood at ₹14,056.86 lakh, compared to ₹3,708.66 lakh in the previous year. Investments decreased to ₹1,318.75 lakh from ₹3,050.40 lakh. Cash and cash equivalents increased to ₹89.68 lakh from ₹14.62 lakh. The company’s other equity surged to ₹9,384.25 lakh from ₹1,284.84 lakh.