Rikhav Securities Cancels H2 FY26 Earnings Conference Call Scheduled for May 19

1 min read     Updated on 16 May 2026, 05:01 PM
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Rikhav Securities Limited cancelled its H2 FY26 earnings conference call with investors and analysts, originally scheduled for May 19, 2026, due to the adjournment of the Board Meeting for approving Standalone and Consolidated Audited Financial Results for the half year and year ended March 31, 2026. The company filed the cancellation intimation with BSE Limited on May 16, 2026, signed by Managing Director Hitesh Himatlal Lakhani, and confirmed the call will be rescheduled with a fresh exchange intimation in due course.

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Rikhav Securities Limited has cancelled its earnings conference call with investors and analysts that was previously scheduled for Tuesday, May 19, 2026. The cancellation was communicated via an intimation filed with BSE Limited on May 16, 2026, and signed by Hitesh Himatlal Lakhani, Managing Director. The development supersedes the earlier intimation dated May 13, 2026, which had announced the conference call to discuss the company's financial performance for the half year ended March 31, 2026.

Reason for Cancellation

The conference call has been cancelled due to the adjournment of the Board Meeting that was scheduled to approve the Standalone and Consolidated Audited Financial Results for the financial half year and year ended March 31, 2026, along with the Statement of Assets and Liabilities, as per SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015. The company has stated that the conference call will be rescheduled at a later date, with a fresh intimation to be provided to the stock exchange in due course.

Cancelled Event Details

The following table summarises the key details of the now-cancelled conference call:

Parameter: Details
Event: H2 FY26 Earnings Conference Call
Originally Scheduled Date: Tuesday, May 19, 2026
Originally Scheduled Time: 04:00 PM IST Onwards
Organised By: Kirin Advisors
Status: Cancelled
Cancellation Intimation Date: May 16, 2026

About the Filing

The cancellation intimation was submitted to BSE Limited at Phiroze Jeejeebhoy Towers, Dalal Street, Mumbai. The filing was digitally signed by Hitesh Himatlal Lakhani on May 16, 2026. Rikhav Securities Limited is a member of BSE, NSE, and ICEX, and is a registered Depository Participant with CDSL. The company's official website is available at www.rikhav.net .

Historical Stock Returns for Rikhav Securities

1 Day5 Days1 Month6 Months1 Year5 Years
0.0%-2.88%-3.06%-20.09%-19.53%-72.31%

What specific circumstances led to the adjournment of Rikhav Securities' Board Meeting, and could this signal deeper operational or governance challenges within the company?

How might the delayed disclosure of H2 FY26 audited financial results impact investor confidence and trading volumes in Rikhav Securities' stock on BSE and NSE?

Could the postponement of the board meeting indicate potential issues with the audit process, such as qualifications or discrepancies flagged by the auditors?

Rikhav Securities Promoter R M Shah Releases Encumbrance on 3,51,830 Equity Shares

2 min read     Updated on 11 May 2026, 04:13 PM
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R M Shah, promoter of Rikhav Securities Limited, disclosed the release of a pledge on 3,51,830 equity shares, constituting 0.92% of the company's total share capital, with effect from May 8, 2026. The disclosure was filed with BSE Limited on May 11, 2026, in accordance with Regulation 31(2) of the SEBI (Substantial Acquisition of Shares and Takeovers) Regulations, 2011. The promoter clarified that the pledge had been created unintentionally due to the scrip being erroneously selected alongside other scrips during execution. Following the release, no shares held by R M Shah in Rikhav Securities Limited remain under encumbrance.

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Rikhav Securities Limited promoter R M Shah has disclosed the release of encumbrance on promoter-held equity shares, filing the requisite declaration with BSE Limited on May 11, 2026. The disclosure was made by Rajendra N Shah on behalf of R M Shah, in compliance with Regulation 31(2) of the Securities and Exchange Board of India (Substantial Acquisition of Shares and Takeovers) Regulations, 2011, commonly referred to as the Takeover Code.

Release of Encumbrance on Promoter Shares

The encumbrance, which was in the form of a pledge, has been released on 3,51,830 equity shares held by R M Shah in Rikhav Securities Limited. These shares represent 0.92% of the company's total share capital. The release of the pledge was effected on May 8, 2026, with the shares previously encumbered in favour of Rikhav Securities Limited (DP).

The following table summarises the key details of the encumbrance release as disclosed:

Parameter: Details
Name of Promoter: R M Shah
Promoter Shareholding (No. of Shares): 3,51,830
Promoter Shareholding (% of Total Share Capital): 0.92%
Shares Previously Encumbered (No. of Shares): 3,51,830
Shares Previously Encumbered (%): 0.92%
Type of Event: Release
Date of Release: 08.05.2026
Shares Released (No. of Shares): 3,51,830
Shares Released (%): 0.92%
Entity in Whose Favour Shares Were Encumbered: Rikhav Securities Limited (DP)
Remaining Encumbered Shares (No. of Shares): 0
Remaining Encumbered Shares (%): 0
Date of Reporting: 11.05.2026
Stock Exchange: BSE

Reason for Pledge Creation

According to the disclosure, the pledge on the 3,51,830 equity shares was created unintentionally. The promoter stated that the said scrip was erroneously ticked together with other scrips during execution, resulting in the inadvertent creation of the encumbrance. Following the identification of this error, the pledge has now been fully released, with zero shares remaining under encumbrance.

Regulatory Compliance

The disclosure was submitted by Rajendra N Shah, signing on behalf of R M Shah as Promoter Group and Pledgor, from Mumbai, dated May 11, 2026. The filing fulfils the statutory reporting obligation under Regulation 31(2) of the SEBI Takeover Code, which mandates promoters to disclose any creation, invocation, or release of encumbrance on shares held in a listed target company to the relevant stock exchanges.

Historical Stock Returns for Rikhav Securities

1 Day5 Days1 Month6 Months1 Year5 Years
0.0%-2.88%-3.06%-20.09%-19.53%-72.31%

Could the inadvertent pledge creation on Rikhav Securities shares indicate broader operational control weaknesses in the promoter's portfolio management, and what steps might regulators expect to prevent recurrence?

How might the full release of promoter encumbrance on Rikhav Securities shares influence investor sentiment and the stock's trading volumes in the near term?

Will SEBI scrutinize the claim of 'unintentional' pledge creation more closely, and could this trigger a review of similar inadvertent encumbrance disclosures across other listed companies?

More News on Rikhav Securities

1 Year Returns:-19.53%