Ratnakar Securities Limited (formerly Mangalya Soft-Tech Limited) has filed its compliance certificate for the quarter ended June 30, 2026. Chief Financial Officer Ajay Nagindas Gandhi confirmed adherence to SEBI (Listing Obligations and Disclosure Requirements) Regulations 17(8) read with Regulation 33(2)(a).

The certification, dated August 22, 2026, affirms that the financial statements present a true and fair view of the entity’s affairs. It confirms compliance with existing accounting standards, applicable laws, and regulations.

Regulatory Compliance Details

The CFO stated that the financial results for the quarter do not contain any materially untrue statements or omissions of material facts. The declarations cover several key areas of corporate governance and financial reporting integrity.

Internal Controls and Accounting Policies

The filing highlights the stability of the company’s financial reporting framework during the quarter and the financial year ended June 30, 2026.

• No significant changes occurred in internal control over financial reporting.
• There were no significant changes in accounting policies.
• Management affirmed that there were no instances of significant fraud involving employees with significant roles in the internal control system.

Transaction and Conduct Integrity

Ajay Nagindas Gandhi certified that no transactions entered into by Ratnakar Securities during the quarter were fraudulent, illegal, or violative of the company’s code of conduct. All members of the Board of Directors and Senior Management Personnel have affirmed their compliance with the Code of Conduct.

What the Numbers Show

While this filing contains no financial performance metrics such as revenue or profit, the explicit confirmation of zero significant fraud instances and unchanged internal controls signals a stable governance environment for the quarter. This baseline stability is a prerequisite for reliable financial reporting in subsequent quarters.

Ratnakar Securities Limited reported a 31% decline in net profit to ₹1.83 crore for the financial year ended March 31, 2026, compared to ₹2.65 crore in the previous year. Revenue from operations decreased 20% to ₹17.93 crore from ₹22.47 crore in FY25, driven by a 27% drop in commission and fees income to ₹13.47 crore. The board approved the audited standalone and consolidated financial results at a meeting held on May 28, 2026. The company published the extracts of these results in the Financial Express on May 30, 2026, pursuant to Regulations 30 and 47 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015.

Ajay Nagindas Gandhi, Chief Financial Officer, certified compliance with Regulation 17(8) read with Regulation 33(2)(a) of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015. The certification confirms that the financial statements for the quarter and year ended March 31, 2026, present a true and fair view and are in compliance with accounting standards. The CFO affirmed there were no fraudulent, illegal, or violative transactions during the period and that internal controls over financial reporting were effective, with no significant changes in accounting policies or instances of significant fraud involving management.

M/s. Maheshwari & Goyal, Statutory Auditors of the Company, issued an audit report with an unmodified opinion on the annual audited standalone and consolidated financial statements for FY26. The financial results were prepared in accordance with Indian Accounting Standards 34.

Financial Performance

The company recorded a profit before tax of ₹1.86 crore for FY26, a significant decrease from ₹3.66 crore in the prior year. Total income for the period stood at ₹17.93 crore, down from ₹22.58 crore in FY25. Expenses for the year reduced to ₹16.08 crore from ₹18.92 crore, with employee benefit expenses rising to ₹2.33 crore from ₹2.22 crore.

Consolidated Results

On a consolidated basis, the company reported a net profit of ₹1.92 crore for FY26, compared to ₹2.32 crore in the previous year. Total revenue from operations for the group stood at ₹18.05 crore, down from ₹22.28 crore in FY25. The results include the financial performance of the wholly-owned subsidiary, Ratnakar Commodities Private Limited.

Key Disclosures

The company recognized a past service cost of ₹13.65 lakh for gratuity payable to employees following the notification of the Labour Codes by the Ministry of Labour and Employment in November 2025. Ratnakar Securities operates in a single business segment, 'Broking and related services', and therefore has no reportable segments as per Ind-AS 108.

The trading in securities of the company remains suspended by BSE Limited for violation of SEBI and Stock Exchange Regulations. The company has paid the BSE claim, listing fees, contingent liability, reinstatement, and revocation fees as per the Resolution Plan and is currently in the process of relisting its shares.