Shardul Securities Limited appointed M/s Atul HMV & Associates LLP as its internal auditor for the financial year ending March 31, 2027. The Board of Directors approved the appointment at a meeting held on May 27, 2026, to comply with the Companies Act, 2013 and SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015. The firm, registered with Firm Registration No. 124043W, will conduct the internal audit for the period beginning April 1, 2026.

The company reported a net loss of ₹589.54 lakh for the financial year ended March 31, 2026, a decline from the net profit of ₹215.88 lakh in the previous year. The statutory auditors issued an audit report with an unmodified opinion on the standalone and consolidated financial results. Total income for FY26 stood at ₹536.73 lakh, down from ₹4,250.82 lakh in FY25, primarily due to a net loss on fair value changes of ₹5,452.34 lakh and finance costs of ₹1,533.20 lakh.

Financial Performance

The standalone financial results for FY26 reflect a challenging year marked by significant losses on fair value changes. The company, classified as a Base Layer NBFC by the Reserve Bank of India, operates as a single segment focused on holding, investing, and financing activities.

Consolidated Results

On a consolidated basis, the group reported a net loss of ₹491.37 lakh for FY26, compared to a net profit of ₹329.91 lakh in the previous year. Total consolidated income for the year was ₹1,597.81 lakh, while total expenses amounted to ₹8,005.39 lakh. The group includes wholly owned subsidiaries Shriyam Broking Intermediary Limited and Shriyam Realtors Private Limited. The auditors, Akkad Mehta & Co LLP, confirmed that the consolidated financial results present a true and fair view of the group's financial performance.

Shardul Securities Limited has submitted its quarterly compliance certificate under SEBI (Depositories and Participant) Regulations, 2018 for the quarter ended 31st March 2026 to the Bombay Stock Exchange. The submission, dated 7th April 2026, fulfills the company's regulatory obligations under Regulation 74(5) of the SEBI framework.

Regulatory Compliance Certificate

The certificate was issued by MUFG Intime India Private Limited (formerly Link Intime India Private Limited), which serves as the registrar and share transfer agent for Shardul Securities Limited. The document confirms compliance with dematerialisation requirements for the fourth quarter of fiscal year 2026.

Certificate Confirmation Details

MUFG Intime India Private Limited confirmed that securities received from depository participants for dematerialisation during the quarter ended 31st March 2026 were properly processed. The registrar verified that all securities comprised in the certificates have been listed on stock exchanges where the company's previously issued securities are traded.

The certificate also confirms that:

• Security certificates received for dematerialisation were confirmed or rejected within prescribed timelines
• Received certificates were mutilated and cancelled after due verification by the depository participant
• Names of depositories have been substituted in the register of members as registered owners

Corporate Information

Shardul Securities Limited operates under CIN L50100MH1985PLC036937 and maintains its registered office at G 12, Tulsiani Chambers, Nariman Point, Mumbai. The compliance certificate was signed by Daya Bhalia, Company Secretary & Director, while the registrar certificate was executed by Ashok Shetty, Sr. Vice President-Corporate Registry at MUFG Intime India Private Limited.

This quarterly submission demonstrates the company's commitment to maintaining regulatory compliance and transparency in its depository operations, ensuring proper handling of securities dematerialisation processes as mandated by SEBI regulations.