Shreenath Investment Company Limited concluded its 46th Annual General Meeting on September 22, 2026, in Mumbai, with all proposed resolutions passing unanimously. The meeting approved the audited financial statements for FY26 and the appointment of the statutory auditor for the next five years.

The board presented the Balance Sheet as on March 31, 2026, along with the Statement of Profit & Loss and Cash Flow Statement. Shareholders adopted these documents without any qualifications noted in the Audit Report. The Chairman also apprised members of the company's overall performance during the fiscal year.

Key resolutions passed

The shareholders transacted both ordinary and special business items through remote e-voting and physical presence. The resolutions included:

• Adoption of audited financial statements for FY26.
• Reappointment of Ashwin Pukhraj Jain as Director, who retired by rotation.
• Appointment of M/s. Mahesh Patira & Associates as Statutory Auditor for five years (FY27 to FY31).
• Approval of remuneration payable to Managing Director Jatin Ramanlal Jain.

Voting results and shareholder participation

Detailed voting results indicate that all four resolutions were passed with 100% votes in favor. The total number of shares voted was 138,725, representing 80.63% of the total outstanding equity share capital of 250,000 shares. Notably, no public shareholders cast votes; all voting activity was conducted by the promoter and promoter group via remote e-voting.

Governance and attendance details

The meeting was chaired by Jatin Ramanlal Jain, Managing Director. A quorum was present, with 11 members attending personally. No proxies were received by the company. The registers required for inspection were open to members during the proceedings.

Voting process compliance

The company facilitated remote e-voting in compliance with SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015, and the Companies Act, 2013. The voting window opened at 9:00 am on September 19, 2026, and closed at 5:00 pm on September 21, 2026. M/s. Aabid & Co., practicing company secretaries, served as the scrutinizer to ensure a fair and transparent process. The scrutinizer's report will be published on the company website and the Bombay Stock Exchange platform within two working days.

Shreenath Investment Company Limited will hold its 46th Annual General Meeting on September 22, 2026, at 3:00 pm at 801-802, Dalamal Towers, Nariman Point, Mumbai. The meeting aims to adopt the financial statements for FY26 and approve a revised remuneration structure for the Managing Director.

The board meeting held on August 26, 2026, approved several administrative actions ahead of the AGM. These include the draft directors report for FY26, book closure from September 12 to September 21, 2026, and the reappointment of M/s. ZADN & Associates as internal auditor for FY27. The AGM notice was filed with BSE Limited on August 27, 2026.

Financial performance for FY26

For the year ended March 31, 2026, the company reported a net profit of ₹163.33 lakh, down from ₹225.54 lakh in the previous year. Total income stood at ₹643.14 lakh, compared to ₹829.86 lakh in FY25. The decline in profit was driven by lower revenue from operations and other income, despite a reduction in total expenses to ₹386.45 lakh from ₹505.29 lakh.

The company did not recommend any dividend for FY26, opting to plough back profits for future growth. The entire net profit was transferred to retained earnings.

AGM agenda

The meeting will transact the following business:

• Adoption of audited financial statements along with the Board of Directors and auditors reports for the year ended March 31, 2026
• Re-appointment of Mr. Ashwin Pukhraj Jain (DIN: 00173983) as director, who retires by rotation
• Appointment of M/s. Mahesh Patira & Associates (FRN: 136900W), Chartered Accountants, as statutory auditor for a term of five consecutive years from FY27 up to FY31
• Approval of revised remuneration for Managing Director Mr. Jatin Jain (DIN: 08521872) for the period April 1, 2027 to March 26, 2029

Managing director remuneration details

The remuneration proposal for Mr. Jatin Jain covers the remaining period of his existing tenure, which was approved at an Extraordinary General Meeting on July 15, 2024, for five years commencing March 27, 2024. The current proposal seeks to increase the maximum remuneration ceiling from ₹1,20,00,000 per annum to ₹1,50,00,000 per annum for the period from April 1, 2027 to March 26, 2029.

The Nomination and Remuneration Committee and the Board of Directors approved this proposal at their respective meetings held on August 12, 2026, subject to member approval. In FY26, Mr. Jain drew a salary of ₹66,00,000 and a performance-based incentive of ₹22,00,000.

E-voting and scrutinizer

Members may cast votes electronically through KFin Technologies Limited. Remote e-voting opens on September 19, 2026, at 9:00 am and closes on September 21, 2026, at 5:00 pm. Mr. Mohammed Aabid, Partner of M/s. Aabid & Co., Practicing Company Secretaries (Membership No. F6579), has been appointed as scrutinizer for the e-voting process. Results will be declared on or after the AGM and placed on the company's website and KFin Technologies Limited's website.