Ranjit Securities Ltd has informed the Bombay Stock Exchange that it is availing an exemption from submitting related party transaction disclosures for the half year ended September 30, 2026. The company cites its financial size as the basis for this regulatory relief.

The company invoked Clause 15 of Regulation 23 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015. This clause exempts companies with a paid-up share capital not exceeding ₹10 crore and a net worth not exceeding ₹25 crore from certain disclosure requirements under Regulation 23(9).

Financial thresholds met

As of March 31, 2026, the company's paid-up share capital stood at ₹268.74 lakh, and its net worth was ₹603.06 lakh. Both figures are significantly below the prescribed limits of ₹10 crore and ₹25 crore, respectively, allowing the company to bypass the specific half-yearly disclosure mandate for related party transactions.

The filing was signed by Harman Singh Hora, Managing Director, on October 6, 2026. The company stated that it will comply with the stipulated regulations if and when these exemptions cease to apply due to changes in its financial position.

Ranjit Securities Limited shareholders approved a special resolution to change the company's name to Ranjit Finance Limited during its 32nd Annual General Meeting held on September 30, 2026. The move aims to better reflect the nature of the company's principal business activities.

The name change received requisite approvals from concerned authorities, including the Registrar of Companies. The company stated that this alteration does not involve any change in its legal entity, shareholding pattern, management, or business operations. It will continue to comply with all applicable statutory and regulatory requirements under the new name.

Auditor appointments ratified

Members approved the appointment of M/s B. Bansal & Company as Statutory Auditors to fill a casual vacancy caused by the resignation of the previous auditor. This appointment is effective from the conclusion of the Board Meeting until the conclusion of the ensuing Annual General Meeting.

Additionally, M/s B. Bansal & Company was appointed as Statutory Auditors for a five-year term, spanning FY27 to FY31. The firm, with registration number 000450C, has experience in audit and assurance services. No relationships requiring disclosure were reported between the auditor and the company.

Director re-appointment

The AGM approved the re-appointment of Mrs. Ranjeet Kaur Hora as a director. She retires by rotation and offers herself for re-appointment. Her profile highlights over 20 years of experience in administration and management.

Mrs. Hora is the spouse of Mr. Taranjeet Singh Hora and mother of Mr. Harman Singh Hora, who serves as the Managing Director. She holds no other directorships in outside companies.

Voting results summary

The AGM was conducted through physical mode with e-voting facilities provided by Central Depository Securities (India) Limited. A total of 15 members participated in the poll, casting 1,060,701 votes across all five resolutions passed. The resolutions included the adoption of audited financial statements for FY26 and the appointment of directors.

All five resolutions passed with 100% votes in favour and zero votes against. The promoter and promoter group cast 102,210 votes via poll, representing 89.36% of their holding, while public non-institutional shareholders cast 38,601 votes.

What the Numbers Show

The shift from "Securities" to "Finance" in the company name signals a strategic alignment with its core operational focus. While the company retains its existing management structure and shareholder base, including Mrs. Hora’s significant 15.29% stake, the rebranding suggests a potential pivot or clarification in how it wishes to be perceived in the capital markets, moving away from a purely securities-trading identity toward a broader financial services designation. The unanimous voting result, with no dissenting votes recorded among the participating minority shareholders, indicates strong alignment between the promoter group and the attending public investors regarding these corporate governance changes.