Shashank Traders has published the prior newspaper advertisement for its 41st Annual General Meeting. The company, now operating as Cosmic Energy & Motors Limited, confirmed the meeting details in a filing dated September 8, 2026.

The AGM is scheduled to be held on Wednesday, September 30, 2026, at 3:00 pm via Video Conference or Other Audio-Visual Means. The deemed venue for the meeting is the Registered Office of the Company.

Newspaper Advertisement Details

Pursuant to Regulation 30 of SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015, the company published the intimation in the following newspapers on September 8, 2026:

• Financial Express: Page No. 39 (English)
• Jansatta: Page No. 5 (Hindi, New Delhi)

The advertisement is also available on the company’s website at www.shashankinfo.in .

AGM Logistics

The Board previously approved convening the meeting during its session on September 7, 2026. Key logistical details remain unchanged:

• Cut-off Date: September 23, 2026, for determining voting eligibility.
• Scrutinizer: Mr. Sudhansu Sekhar Panigrahi, ACS, Practising Company Secretary.
• E-Voting Agency: M/s. MAS Services Limited.
• Depository: National Securities Depository Limited (NSDL).

The notice for the AGM will be hosted on the company’s website and submitted to stock exchanges upon dispatch to members.

Shashank Traders reported a net loss of ₹21.36 lakh for the quarter ended June 30, 2026, a significant widening from the ₹1.95 lakh loss in the corresponding period of the previous year. The financial deterioration coincides with a major corporate restructuring, as new management acquired 62.72% of the company’s shares and took control. With no revenue generated from operations, the elevated expenses reflect transitional costs while the firm explores new business avenues. Investors face dilution risk as the company seeks approval for a preferential equity issue.

The Board of Directors approved the unaudited financial results on July 30, 2026, pursuant to Regulations 30 and 33 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015. M/s. G K Tulsyan & Co., Chartered Accountants (Firm Registration No. 323246E), the statutory auditors, issued an unmodified limited review report. However, the auditors highlighted an "Emphasis of Matter" regarding the valuation of unlisted equity shares, noting that fair value under IND AS 109 was not determined. Additionally, debit and credit balances of assets and liabilities, as well as dormant bank account balances, remain subject to confirmation from respective parties.

Financial Performance

The company recorded zero revenue from operations in Q1FY27, consistent with its status as a dormant entity. Total expenses rose sharply to ₹21.36 lakh from ₹1.95 lakh in Q1FY26. This increase was primarily driven by other expenses, which jumped to ₹15.47 lakh from ₹1.17 lakh year-on-year. Employee benefits expenses also increased marginally to ₹5.87 lakh from ₹0.78 lakh. Finance costs were negligible at ₹0.02 lakh.

Basic earnings per share stood at a loss of ₹0.69, compared to a loss of ₹0.06 in the prior year. The paid-up equity share capital remained unchanged at ₹309.38 lakh. Reserves excluding revaluation reserve stood at negative ₹136.36 lakh.

Preferential Allotment and AGM

The Board approved the issuance of 75,000 equity shares on a preferential basis to Eureka Stock & Share Broking Services Ltd, categorized under the Public Category. The issue price is fixed at ₹34.10 per share, including a premium of ₹24.10, aggregating to ₹25,57,500. The valuation report dated July 30, 2026, by M/s. ValuGenius Advisors LLP supports this pricing in compliance with Regulation 161(1) of the SEBI (ICDR) Regulations.

Post-allotment, Eureka Stock & Share Broking Services Ltd will hold 2.37% of the company’s equity. Shareholders will vote on this issuance at the Annual General Meeting scheduled for September 7, 2026, to be conducted via Video Conferencing or Other Audio Visual Means. The cut-off date for e-voting is September 1, 2026. Mr. Sudhansu Sekhar Panigrahi, ACS, has been appointed as Scrutinizer, with National Securities Depository Limited (NSDL) providing electronic voting facilities.

What the Numbers Show

The surge in other expenses from ₹1.17 lakh to ₹15.47 lakh, accounting for over 70% of total costs, suggests significant one-time or restructuring-related expenditures linked to the change in management. While the absence of operational revenue is expected given the company’s dormant status, the elevated expense base indicates active preparation for future business ventures rather than passive holding. Investors should monitor whether these costs translate into tangible business initiatives in subsequent quarters.