Saumya Consultants has scheduled its 33rd Annual General Meeting (AGM) for Thursday, September 24, 2026. The meeting will take place at the company’s registered office in Kolkata at 12:30 pm.

The Board of Directors issued the notice of the meeting along with the Annual Report for FY26 to all members on August 27, 2026. These documents are also available on the company’s website.

Book Closure and Voting Details

The Register of Members and Share Transfer Books will remain closed from Thursday, September 17, 2026, to Wednesday, September 23, 2026, both days inclusive. This closure facilitates the determination of shareholders eligible to vote.

Shareholders holding shares as on the cut-off date of September 17, 2026, can exercise their voting rights through electronic means. The e-voting facility is provided by Central Depository Services Ltd (CDSL).

The e-voting period commences on Monday, September 21, 2026, at 10:00 am and concludes on Wednesday, September 23, 2026, at 5:00 pm. After this deadline, the e-voting facility will not be available.

Members entitled to attend and vote may appoint a proxy to vote on their behalf. The proxy need not be a member of the company. To be effective, proxies must be duly completed, stamped if applicable, and signed. They must be deposited at the registered office not less than 48 hours before the scheduled time of the AGM.

Saumya Consultants reported a net loss of ₹437.2 million for the fiscal year ended March 31, 2026, reversing a profit of ₹921.1 million in the prior year. The Kolkata-based non-banking financial company (NBFC) attributed the decline primarily to a decrease in the fair value of its investments.

The board of directors recommended no dividend for the year, citing the need to conserve cash resources amidst the financial loss. Total comprehensive income stood at a loss of ₹435.3 million.

Financial Performance

Revenue from operations fell sharply to ₹957.4 million from ₹3,945.7 million in FY25. This decline was driven by a significant drop in gains on fair value changes, which contracted to ₹181.6 million from ₹268.3 million. Sales of shares also decreased substantially to ₹803.2 million compared to ₹3,341.8 million previously.

Total expenses for the year amounted to ₹1,618.5 million, down from ₹3,211.9 million. While purchase of shares declined to ₹826.3 million from ₹3,134.6 million, changes in inventories contributed ₹466.3 million to expenses, contrasting with a negative contribution of ₹248.5 million in the previous year.

Balance Sheet Signals

As of March 31, 2026, total assets decreased to ₹11,683.0 million from ₹12,392.1 million. Investments, the largest asset class, stood at ₹7,767.2 million, down from ₹8,501.5 million. Loans measured at amortised cost increased significantly to ₹496.5 million from ₹262.4 million, indicating an expansion in lending activities despite the overall contraction in investment portfolio value.

Borrowings were reduced to ₹50.3 million from ₹71.2 million, reflecting a deleveraging trend. Retained earnings dropped to ₹6,598.7 million from ₹7,037.0 million due to the current year's losses.

Corporate Governance Updates

The company will hold its 33rd Annual General Meeting on September 24, 2026. Shareholders will consider the appointment of M/s ALPS & Co., Chartered Accountants, as statutory auditors for a five-year term, replacing M/s A.K. Meharia & Associates. Mr. Sandeep Kumar Pareek retires by rotation and offers himself for re-appointment as a director.

What the Numbers Show

The sharp decline in revenue is directly correlated with the reduced realization of fair value gains and lower sales of shares, highlighting the company's heavy reliance on market-linked investment performance for its top-line growth. The simultaneous increase in loans suggests a strategic shift towards interest-bearing assets, although this has not yet offset the volatility in the investment portfolio.