Shikhar Leasing And Trading Limited has rescheduled its Annual General Meeting (AGM) from June 25, 2026, to July 30, 2026. The company stated that the revision is necessary to facilitate the completion of statutory, regulatory, and other pre-AGM formalities.

The notice convening the AGM, along with the Annual Report and other relevant details, will be communicated to shareholders and the stock exchange in due course. This dissemination will occur in accordance with the applicable provisions of the Companies Act, 2013, and the SEBI (Listing Obligation and Disclosure Requirements) Regulations, 2015.

Vidhi Deep Shah, Company Secretary & Compliance Officer, signed the intimation regarding the schedule change on June 2, 2026.

Key AGM Details

Shikhar Leasing and Trading Limited reported a net loss of ₹10.24 lakh for the financial year ended March 31, 2026, reversing its performance from the previous year when it posted a net profit of ₹13.93 lakh. The company's total income for FY26 declined to ₹94.09 lakh from ₹103.03 lakh in FY25, driven by a significant drop in other income which fell to ₹0.12 lakh from ₹22.68 lakh. Revenue from operations, however, increased to ₹93.97 lakh from ₹80.35 lakh in the prior year.

For the quarter ended March 31, 2026, the company recorded a net loss of ₹32.74 lakh, widening from the net loss of ₹0.93 lakh reported in the corresponding quarter of the previous year. Total income for Q4FY26 was ₹23.65 lakh, slightly up from ₹20.06 lakh in Q4FY25. The board of directors approved the audited financial results for the quarter and year ended March 31, 2026, at its meeting held on May 29, 2026.

Financial Performance

The company's expenses for the full year rose to ₹110.08 lakh from ₹80.41 lakh in FY25. Employee benefit expenses increased significantly to ₹81.80 lakh from ₹39.75 lakh, while finance costs rose to ₹1.04 lakh from ₹0.17 lakh. The basic earnings per share (EPS) for FY26 was reported at (₹0.86), compared to ₹1.09 in the previous year.

Board Decisions and Auditor's Report

The board proposed the reappointment of Mr. Vipul Popatlal Chheda, who retires by rotation and is eligible for reappointment. The Annual General Meeting is scheduled for June 25, 2026, and the register of members will remain closed from June 19, 2026, to June 25, 2026. The board did not recommend any dividend for the financial year ended March 31, 2026.

M/s. A D V & Associates, Statutory Auditors of the company, issued an audit report with an unmodified opinion on the standalone financial results for the year ended March 31, 2026. The report confirmed that the financial results give a true and fair view in conformity with the applicable Indian Accounting Standards (Ind AS). The company also recognized the impact of the New Labour Codes, resulting in a gratuity defined benefit obligation of ₹30.60 lakh and a compensated leave obligation of ₹5.54 lakh as of March 31, 2026.