Sheraton Properties & Finance Limited Sheraton Properties & Finance Limited has scheduled its 41st Annual General Meeting (AGM) for Wednesday, September 30, 2026. The Board of Directors also reappointed M/s. M.R.V & Co., Chartered Accountants as the company’s internal auditor for the financial year 2026-27.

The board meeting concluded at 4:25 pm on August 27, 2026. During the session, directors approved the notice for the upcoming AGM and fixed the closure period for the register of members and share transfer books. The books will remain closed from Thursday, September 24, 2026 to Wednesday, September 30, 2026, both days inclusive.

Key Dates and Actions

The company has established specific dates for shareholder participation and record keeping:

Shareholders holding shares in physical or dematerialised form on the record date will be entitled to cast their votes electronically. This ensures compliance with regulatory requirements for remote e-voting procedures.

Internal Auditor Appointment

The board approved the reappointment of M/s. M.R.V & Co., Chartered Accountants (Firm Registration No. 135836W). The firm holds no disclosed relationships with the company’s directors.

M.R.V & Co. is described as a niche professional services firm offering audit and assurance, direct and indirect tax, due diligence, and other value-added support services. The appointment covers the entire financial year 2026-27.

Sheraton Properties & Finance Limited reported a net profit of ₹642.27 lakh for the financial year ended March 31, 2026, compared to ₹640.66 lakh in the previous year. The company's board approved the audited standalone financial results for the quarter and year ended March 31, 2026, at a meeting held on May 30, 2026. Revenue from operations remained flat at ₹0.46 lakh for the year, while other income increased to ₹917.00 lakh from ₹904.30 lakh in FY25.

Financial Performance

For the quarter ended March 31, 2026, the company recorded a net profit of ₹204.52 lakh, a rise from ₹187.64 lakh in the corresponding period of the previous year. Total income for the quarter stood at ₹316.35 lakh, driven primarily by other income which amounted to ₹315.89 lakh. Total expenses for the quarter were ₹29.57 lakh, up from ₹25.16 lakh in the same period last year.

The basic and diluted earnings per share (EPS) for the year stood at ₹53.52, compared to ₹53.39 in the previous year. The company's paid-up equity share capital remained unchanged at ₹120.00 lakh.

Assets and Liabilities

The company's total assets as of March 31, 2026, stood at ₹18,531.49 lakh, a decrease from ₹22,748.11 lakh in the previous year. Non-current investments constituted the largest portion of assets at ₹15,269.12 lakh, down from ₹20,065.08 lakh in FY25. Cash and cash equivalents improved to ₹173.09 lakh from ₹105.03 lakh a year earlier. Total equity stood at ₹18,530.86 lakh, while total liabilities were negligible at ₹0.63 lakh.

Regulatory Compliance

The statutory auditors, M/s B L Dasharda & Associates, issued an audit report with an unmodified opinion on the standalone financial results. The results were prepared in compliance with Regulation 33 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015, and Indian Accounting Standard 34. The trading window for designated persons, which had been closed since April 1, 2026, is set to reopen on June 2, 2026.