Rikhav Securities has scheduled its 31st annual general meeting for Tuesday, September 22, 2026, at 12:00 pm. The event will be conducted through video conferencing or other audio-visual means.

Shareholders will consider and adopt the audited standalone and consolidated financial statements for the fiscal year ended March 31, 2026. The agenda also includes the reappointment of Ms. Bharti Hitesh Lakhani as a director.

Ms. Lakhani retires by rotation and is eligible for reappointment. She serves as a non-executive director and brings over 18 years of association with the company. Her background includes market research and capital markets oversight.

Director Profile

Ms. Lakhani holds a Bachelor of Commerce degree from Kelkar Education Trusts College of Arts, Science and Commerce. She attended all 10 board meetings during FY25-26. Her remuneration for the period was not disclosed.

She currently holds directorships in eight other entities, including Virang Enterprises Private Limited and RSL Insurance Brokers Private Limited. Ms. Lakhani is the spouse of Mr. Hitesh Himatlal Lakhani, the managing director.

Meeting Logistics

The deemed venue is the corporate office in Mumbai. Members can join the session 15 minutes before the scheduled start time. Participation is available to at least 1,000 members on a first-come, first-served basis.

Large shareholders holding 2% or more, promoters, institutional investors, and directors are exempt from the participation cap. Physical attendance is dispensed with under MCA and SEBI circulars.

Remote e-voting opens on September 19, 2026, at 9:00 am and closes on September 21, 2026, at 5:00 pm. The record date for voting rights is September 15, 2026.

Hitesh Himatlal Lakhani, a promoter of Rikhav Securities , has encumbered 4,98,048 equity shares of the firm. The pledge, executed on August 3, 2026, accounts for 1.3% of the company's total share capital and was disclosed to BSE Limited and the target company on August 4, 2026, in compliance with Regulation 31(1) of the SEBI (Substantial Acquisition of Shares and Takeovers) Regulations, 2011.

The disclosure reveals that the shares were pledged specifically for margin trading. Prior to this transaction, Lakhani held no encumbered shares in the company. Following this creation of encumbrance, his total pledged holding stands at 4,98,048 shares. The entity in whose favor the shares have been encumbered is Rikhav Securities Limited (DP).

Shareholding Details

The following table outlines the promoter's holding status before and after the pledge event:

Lakhani's total stake in Rikhav Securities Limited remains at 24,69,720 shares, representing 6.45% of the total share capital. The pledge affects only a portion of this holding, leaving the majority of his stake unencumbered.

What the Numbers Show

The pledge of 1.3% of the total share capital for margin trading indicates liquidity management activity by the promoter rather than a distress signal, given that the majority of his 6.45% stake remains free of encumbrances. The use of the company's own DP as the beneficiary suggests an internal arrangement or standard brokerage collateral process rather than external debt financing.