Shree Salasar Investments Limited has scheduled its 46th Annual General Meeting (AGM) for Tuesday, September 29, 2026. The meeting will commence at 11:30 am and will be conducted through Video Conferencing or Other Audio-Visual Means in compliance with Ministry of Corporate Affairs circulars.

Meeting Details and Logistics

The company notified shareholders that the AGM aims to transact business as set forth in the notice dated September 29, 2026. Members participating via the virtual facility will be counted toward the quorum under Section 103 of the Companies Act, 2013.

The electronic copy of the AGM notice, along with the Annual Report for FY26, was dispatched to members with registered email addresses on September 5, 2026. Shareholders who have not registered their email IDs received a letter containing a weblink and QR code to access these documents. The documents are also available on the company’s website and the BSE Limited portal.

E-Voting Process

In compliance with Section 108 of the Companies Act, 2013, and Regulation 44 of the SEBI Listing Regulations, shareholders holding equity shares as on the cut-off date of Tuesday, September 22, 2026, are eligible to vote electronically.

Remote e-voting will be facilitated by Purva Sharegistry (India) Private Limited. The voting window is structured as follows:

Mr. Mayank Arora, Partner of M/s. Mayank Arora & Co., has been appointed as the Scrutinizer to ensure a fair and transparent voting process. Once a vote is cast and confirmed during the remote e-voting period, it cannot be changed. Members who have already voted remotely may attend the AGM but cannot vote again during the meeting.

Technical Support

Shareholders facing technical issues with login through CDSL or NSDL can contact the respective depository helpdesks. For general queries regarding the e-voting system, shareholders may contact Purva Sharegistry at their provided email address or helpline numbers.

Shree Salasar Investments Limited reported a significant surge in consolidated net profit after tax (PAT) to ₹1,843.8 lakh for FY26, up from ₹244.9 lakh in the previous year. The growth was driven by a sharp increase in revenue from operations, which rose to ₹11,236.8 lakh compared to ₹4,444.5 lakh in FY25.

The company’s standalone performance showed a more modest trajectory, with net profit declining to ₹108.3 lakh from ₹138.6 lakh in the prior year. Standalone revenue from operations fell to ₹153.1 lakh, down from ₹180.3 lakh. Despite the dip in standalone earnings, the group’s overall financial health improved, with total assets rising to ₹27,729.6 lakh as of March 31, 2026.

Governance Changes

The Board of Directors held a meeting on September 5, 2026, to approve key governance changes. Independent director Nitin Jain resigned effective September 4, 2026, having served on the Audit Committee, Nomination & Remuneration Committee, and Stakeholders' Relationship Committee.

To fill the vacancy, the board appointed Saumesh Ashok Mishra as an Additional Director and Independent Director, valid until the ensuing AGM. Mr. Mishra holds an MBA and CA qualification and brings expertise in financial services and real estate. He currently holds directorships in Lighthouse Realty Solutions Private Limited, Arkade Developers Ltd, Sancode Technologies Limited, Somani and Company Private Ltd, and Krishna E Square LLP.

Auditor Appointment

The company filled a casual vacancy in its statutory auditor role by appointing M/s B.L. Dasharda & Associates (FRN: 112612W). This replaces M/s Satya Prakash Natani & Co, who resigned from the position. The new firm will hold office for five years, from the conclusion of the 46th AGM until the conclusion of the 51st AGM, covering financial years 2026-27 to 2030-31.

Annual General Meeting

The board scheduled the 46th Annual General Meeting for September 29, 2026, at 11:30 am. The meeting will be conducted through video conferencing or other audio-visual means, in compliance with Ministry of Corporate Affairs General Circulars No. 20/2020 and 03/2025. The agenda includes the adoption of audited standalone and consolidated financial statements for FY26, the re-appointment of director Chetana Dasare, and the approval of the new statutory auditor.

What the Numbers Show

The divergence between standalone and consolidated results highlights the company's reliance on its subsidiaries for profitability. While the parent entity saw a decline in revenue and profit, the consolidated figures reveal that subsidiaries contributed significantly to the bottom line. Consolidated finance costs rose sharply to ₹588.2 lakh from ₹2.9 lakh in the previous year, indicating increased leverage at the group level to support operations or investments.