Sanchay Finvest Limited held its 35th Annual General Meeting on September 26, 2026, where shareholders adopted the audited financial statements for the fiscal year ended March 31, 2026. The meeting also saw the approval of several board appointments, including two new independent directors and a reappointment for a five-year term.

The AGM was conducted via video conferencing, with the requisite quorum present. Members considered seven agenda items, ranging from financial adoption to governance changes. Voting results and the scrutinizer’s report are scheduled for disclosure by September 29, 2026, in compliance with SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015.

Board appointments and reappointments

Shareholders approved the regularisation of Ms. Lily Mundu as a Non-Executive Non-Independent Director. Additionally, Mr. Rohit Mishra and Mr. Gaurang Karmakar were appointed as Independent Directors through special resolutions. Mr. Sarthak Naresh Sharma was reappointed as Whole-Time Director for a period of five years starting August 26, 2026.

Mr. Narottam Kumar Nandlal Sharma, who retired by rotation, was reappointed as a director. The meeting also approved the appointment of M/s. Shravan A. Gupta & Associates as Secretarial Auditors for a term of five financial years.

Management priorities discussed

During the question-and-answer session, management outlined key priorities for the next two to three years. These include strengthening business operations, developing sustainable revenue streams, and improving profitability. The company stated it would focus on efficient utilisation of financial resources and identifying suitable business opportunities while maintaining regulatory compliance.

Progress against these objectives will be monitored through parameters such as revenue, profitability, cost efficiency, and capital utilisation. The company emphasised sustainable improvement and continued transparency with shareholders through appropriate disclosures.

Summary of resolutions

Sanchay Finvest has scheduled its 35th Annual General Meeting (AGM) for September 26, 2026, to be held via Video Conferencing/Other Audio-Visual Means (VC/OAVM). The meeting will commence at 2:00 pm IST.

E-Voting and Book Closure Details

Shareholders can exercise their right to vote through remote e-voting. The facility will be available from September 23, 2026, at 9:00 am until September 25, 2026, at 5:00 pm. The cut-off date for eligibility is September 19, 2026. Only members whose names appear in the Register of Members or Beneficial Owners as on the cut-off date are entitled to vote.

The Register of Members and Share Transfer Books will remain closed from September 20, 2026, to September 26, 2026 (both days inclusive).

The Board has appointed CS Shravan A Gupta from M/s Shravan A. Gupta & Associates as the Scrutinizer to oversee the voting process.

Financial Performance

Total income for FY26 stood at ₹24.49 lakh, down sharply from ₹62.46 lakh in the previous year. Revenue from operations turned negative at (₹22.44 lakh), compared to positive revenue of ₹26.01 lakh in FY25. Other income also contracted to ₹46.93 lakh from ₹36.44 lakh.

Total expenses rose to ₹71.86 lakh from ₹83.55 lakh, though this reduction was overshadowed by extraordinary charges. The company incurred ₹76.27 lakh in penalties and fines from the exchange, classified as extraordinary items, contributing to a loss before tax of ₹145.68 lakh versus ₹29.20 lakh in FY25.

What the Numbers Show

The financial results reveal a severe divergence between operational performance and regulatory compliance costs. While operational expenses decreased slightly year-on-year, the recognition of ₹47.88 lakh in NSE penalties and interest as an expense, alongside other extraordinary items, consumed all available income. This indicates that regulatory non-compliance, rather than core business operations, was the primary driver of the widened loss position in FY26.

Governance and AGM Agenda

Key agenda items for the AGM include:

• Re-appointment of Mr. Narottam Kumar Nandlal Sharma as Director by rotation.
• Appointment of Ms. Lily Mundu as Non-Executive Non-Independent Director.
• Appointment of Mr. Rohit Mishra and Mr. Gaurang Karmakar as Independent Directors.
• Re-appointment of Mr. Sarthak Naresh Sharma as Whole-Time Director for five years.
• Appointment of M/s. Shravan A. Gupta & Associates as Secretarial Auditor for five years.

The Board did not recommend any dividend for FY26. The authorized share capital was increased from ₹8 crore to ₹14 crore during the year.