Shikhar Consultants Ltd will hold its 33rd Annual General Meeting on September 30, 2026. The company has confirmed the register closure period from September 26 to September 30, 2026, to determine eligibility for the meeting.

The meeting will be conducted through video conferencing or other audio-visual means, with the deemed venue at the company's registered office in Mumbai. The primary business items include receiving, considering, and adopting the audited financial statements for the fiscal year ending March 31, 2026. Shareholders will also vote on the reappointment of Rajesh Shrinivas Daga as a director.

Meeting Logistics and Voting

The company has engaged National Securities Depository Limited (NSDL) to facilitate remote e-voting. The remote e-voting period commences at 9:00 am on September 26, 2026, and concludes at 5:00 pm on September 29, 2026. Members entitled to vote are those recorded in the register of members or beneficial owners as of the cut-off date, September 18, 2026.

Participants joining via video conferencing can do so without restriction if they are large shareholders (holding 2% or more), promoters, institutional investors, directors, or key managerial personnel. Other members may join on a first-come, first-served basis, limited to 1,000 participants.

Key Dates and Details

Mr. Shyam Vitthaldas Bhutada, Advocate, has been appointed as the scrutinizer to oversee the voting process. The results will be declared within three days of the meeting's conclusion.

Director Reappointment

Rajesh Shrinivas Daga, currently serving as Whole-time Director, seeks reappointment. He was first appointed to the board on February 27, 2018, and holds over 26 years of experience in compliance. His current term runs from September 8, 2025, to September 7, 2030.

According to the disclosure, Mr. Daga drew nil remuneration in the last period and seeks nil remuneration for the upcoming term. He holds no shares in the company. He also serves as a director in Asawa Food and Beverages Private Limited and Ennar Star Trade Limited. He attended five board meetings during FY26.

Shareholder Instructions

Shareholders are advised to dematerialize physical shares, as mandated by SEBI regulations effective April 1, 2020. The company is sending annual reports electronically to members with registered email addresses. Physical copies are available upon request via email to shikharconsultants2@gmail.com .

Members with queries regarding the accounts or operations are requested to submit them in writing at least seven days before the meeting date.

Shikhar Consultants Limited reported a narrowing net loss for the first quarter of FY26, driven by a reduction in operational deficits despite recording zero revenue. The Mumbai-based management consulting firm posted a standalone net loss of ₹4.58 lakh for the quarter ended June 30, 2026, compared to a loss of ₹5.06 lakh in the same period last year.

The Board of Directors approved the unaudited standalone financial results during a meeting held on August 14, 2026. The company continues to report nil income from operations, marking the second consecutive quarter with zero top-line activity following the full-year FY25 closure.

Financial Performance

The key financial highlights for the quarter are detailed below:

The basic earnings per share improved to a loss of ₹0.10 per equity share of face value ₹10 each, up from a loss of ₹0.11 in the prior year quarter. For the full fiscal year FY25, the company had reported a net loss of ₹10.85 lakh.

What the Numbers Show

The divergence between zero operating income and a persistent net loss indicates that the company’s current burn rate is driven entirely by non-operating expenses or overheads rather than core business activities. With total income from operations remaining at nil for both Q1FY26 and Q1FY25, the reduction in the net loss figure suggests a marginal improvement in cost containment or other income adjustments, though no specific breakdown of expenses was disclosed in the extract.

The results have been prepared in accordance with Indian Accounting Standards (Ind AS) notified under Section 133 of the Companies Act, 2013. The full format of the standalone financial results is available on the stock exchange websites and the company’s official website.