Sarthak Global Limited concluded its 41st Annual General Meeting on August 31, 2026. The meeting was conducted through video conference in accordance with Ministry of Corporate Affairs circulars.

Members voted to adopt the audited standalone financial statements for the year ended March 31, 2026. The resolutions were passed using remote e-voting facilities provided by the company.

Key Resolutions Passed

The primary business transacted included the adoption of financial reports and board appointments. The details of the ordinary business items are outlined below.

Sunil Gangrade, who retires by rotation, offered himself for reappointment and was successfully reappointed as a director. He currently serves as the Whole-time Director of the company.

Meeting Proceedings

Mr. Sunil Gangrade chaired the meeting. The Company Secretary confirmed that the requisite number of members were present through video conferencing or other audio-visual means. A total of 26 members participated in the proceedings.

The statutory auditors, M/s. Ashok Kumar Agrawal & Associates, and the secretarial auditor, M/s. Amit Preeti & Associates, had their reports read during the meeting. Mr. Amit Jain served as the scrutinizer to ensure a fair voting process.

Remote e-voting commenced on August 28, 2026, at 9 am and remained open until 5 pm on August 30, 2026. Voting facilities were also available during the live session for members who had not cast their votes remotely.

Sarthak Global Limited reported a standalone net loss of ₹7.25 lakh for the quarter ended June 30, 2026, marking a significant improvement from the ₹33.80 lakh loss recorded in the preceding quarter ended March 31, 2026. The company’s total income from operations contracted sharply to ₹6.40 lakh, reflecting a steep decline from the ₹421.01 lakh logged in Q4FY25 and a year-on-year drop from the ₹81.88 lakh reported in Q1FY25.

The Board of Directors approved the unaudited standalone financial results at its meeting held on August 12, 2026, following recommendations from the Audit Committee. The results have been prepared in accordance with Indian Accounting Standards (Ind-AS) as prescribed under Section 133 of the Companies Act, 2013.

Financial Performance

The company operates in two primary business segments: trading of commodities and share transfer agency services. The financial data for the current and comparative periods is detailed below.

What the Numbers Show

The divergence between the revenue collapse and the narrowing loss indicates a shift in cost structure or operational scale during the quarter. While total income fell by over 98% compared to the previous quarter, the net loss reduced by approximately 78%. This suggests that fixed costs or operational expenditures did not decline proportionately with revenue, or that the nature of the transactions in Q1FY26 carried different margin profiles compared to the high-revenue, high-loss quarter of Q4FY25. The company turned from a profit position in Q1FY25 (₹41.67 lakh) to a loss in the current period, driven primarily by the drastic reduction in top-line income.