Saianand Commercial adopts FY26 financials, re-appoints Milan Khatri

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Reviewed by
Anirudha BScanX News Team
Key Highlights
  • Shareholders adopted audited FY26 financial statements at the 42nd AGM
  • Milan Khatri re-appointed as director retiring by rotation
  • Meeting held on September 25, 2026, at registered office
  • Voting results to be submitted separately per SEBI regulations
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Saianand Commercial Limited shareholders adopted the audited financial statements for the fiscal year ended March 31, 2026, during the company's 42nd Annual General Meeting (AGM) held on September 25, 2026.

The meeting, conducted at the company's registered office, also approved the re-appointment of Milan Khatri as a director. Khatri retires by rotation and was re-appointed via an ordinary resolution passed by the shareholders.

Key resolutions passed

The following businesses were transacted and passed at the AGM:

  • Adoption of audited financial statements for FY26, along with reports of the directors and auditors.
  • Re-appointment of Milan Khatri as director of the company.

Meeting details

Detail Information
Date September 25, 2026
Time 4:00 pm to 4:30 pm
Venue Registered office
Compliance SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015

The company stated that detailed voting results, as required under Regulation 44(3) of the Listing Regulations, would be submitted separately to the stock exchanges.

Historical Stock Returns for Saianand Commercial

1 Day5 Days1 Month6 Months1 Year5 Years
-9.09%-4.76%-4.76%-23.08%-47.37%-78.26%

How will the FY26 financial performance reported in the adopted statements influence Saianand Commercial's dividend policy for the upcoming fiscal year?

What strategic initiatives or capital expenditure plans did Milan Khatri outline for the company following his re-appointment as director?

How might the specific voting results submitted to stock exchanges reflect shareholder sentiment regarding the company's current management structure?

Saianand Commercial sets book closure for Sep 25 AGM

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Reviewed by
Ashish TScanX News Team
Key Highlights
  • Saianand Commercial Ltd AGM scheduled for September 25, 2026
  • Book closure from September 18 to September 25, 2026
  • E-voting open from September 22 to September 24, 2026
  • Milan Khatri seeks reappointment as director
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Saianand Commercial Limited has confirmed the book closure dates for its upcoming Annual General Meeting scheduled for September 25, 2026. The company notified BSE Limited via a filing dated September 2, 2026, detailing the record date and e-voting window.

The register of members and share transfer books will remain closed from Friday, September 18, 2026, to Friday, September 25, 2026 (both days inclusive). This closure is to determine the shareholders eligible to vote at the AGM.

Meeting Details

The 42nd AGM will be held at Regus Suburb Centres in Mumbai. The primary agenda includes the adoption of audited financial statements for FY26 and the reappointment of Milan Khatri as a director.

Detail Information
Date September 25, 2026
Time 4:00 pm
Venue Regus Suburb Centres, Andheri (East), Mumbai

Voting and Record Date

Shareholders holding equity shares as of the cut-off date, September 18, 2026, are eligible to vote. Remote e-voting through NSDL will be open from 9:00 am on September 22, 2026, until 5:00 pm on September 24, 2026.

Activity Date and Time
E-voting Start Tuesday, September 22, 2026, 9:00 am
E-voting End Thursday, September 24, 2026, 5:00 pm
Record Date Friday, September 18, 2026

Director Reappointment

Milan Khatri retires by rotation and offers himself for reappointment. He holds expertise in HR and business administration. Khatri does not hold any shares in the company as of March 31, 2025, nor does he draw remuneration. He is married to Kajal Khatri, a non-executive director of the company.

Historical Stock Returns for Saianand Commercial

1 Day5 Days1 Month6 Months1 Year5 Years
-9.09%-4.76%-4.76%-23.08%-47.37%-78.26%

How might the reappointment of Milan Khatri, who holds no shares and draws no remuneration, impact corporate governance perceptions among institutional investors?

What specific strategic initiatives or financial targets are expected to be outlined in the FY26 audited statements to justify the board's continuity?

Could the close family ties between Milan Khatri and non-executive director Kajal Khatri raise concerns regarding board independence during the AGM voting process?

More News on Saianand Commercial

1 Year Returns:-47.37%