Sodhani Academy of Fintech Enablers approves FY26 results, dividend

2 min read     Updated on 30 Jul 2026, 01:40 PM
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Sodhani Academy of Fintech Enablers Ltd approved its FY26 financial results and declared a final dividend with a record date of August 18, 2026. The Board also appointed M/s. Rajvanshi & Associates as new statutory auditors and scheduled the 17th AGM for August 24, 2026, to approve director re-appointments.

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Sodhani Academy of Fintech Enablers company name announced on July 30, 2026, that its Board of Directors has approved the financial results for the fiscal year ended March 31, 2026 (FY26), along with a final dividend for equity shareholders. The Board fixed August 18, 2026, as the record date for determining dividend entitlements, signaling the imminent payout to investors holding shares on that date. This approval sets the stage for the company’s 17th Annual General Meeting (AGM), scheduled for August 24, 2026, where shareholders will vote on key corporate governance matters including director re-appointments.

In compliance with Regulation 30 and other applicable provisions of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015, the company disclosed several significant administrative changes during the meeting held in Jaipur. A notable development is the change in statutory auditors; M/s. J C Kabra & Associates resigned from their position, leading to the appointment of M/s. Rajvanshi & Associates as the new Statutory Auditors. The term of M/s. Rajvanshi & Associates will extend up to the conclusion of the ensuing AGM, ensuring continuity in audit oversight for the upcoming financial reporting cycle.

Key Board Decisions

The Board meeting, which commenced at 11:50 AM IST and concluded at 1:00 PM IST, addressed multiple critical agenda items beyond financial approvals:

  • Director Re-appointments: The Board approved the re-appointment of Ms. Priya Sodhani (DIN: 02523843), who is liable to retire by rotation. Additionally, based on the recommendation of the Nomination and Remuneration Committee, Mr. Rajesh Kumar Sodhani (DIN: 02516856) was re-appointed as Managing Director for a three-year term, subject to shareholder approval at the AGM.
  • AGM Logistics: The 17th AGM is convened for Monday, August 24, 2026, at 4:00 PM at the company’s registered office in Vaishali Nagar, Jaipur.

Auditor Transition Details

The transition of statutory auditors marks a procedural shift for the company’s financial oversight. The previous auditors, M/s. J C Kabra & Associates (FRN: 115749W), stepped down, creating a casual vacancy. M/s. Rajvanshi & Associates (FRN: 005069C), a firm specializing in Income Tax, GST, and Audit, was appointed to fill this gap. Their appointment ensures that audit reports falling due up to the date of the ensuing AGM are issued by the newly appointed firm.

What the Numbers Show

While specific financial metrics such as net profit or revenue figures were not detailed in the immediate disclosure, the approval of the FY26 results and the declaration of a final dividend indicate that the company has completed its annual financial closure process. The focus now shifts to shareholder engagement at the upcoming AGM, where the re-appointment of key leadership figures, including Managing Director Mr. Rajesh Kumar Sodhani, will be formalized. Mr. Sodhani brings 32 years of experience in the finance domain, including mutual funds, retirement planning, and insurance, and is a SEBI-registered Research Analyst.

Action Item Details
Financial Year FY26 (Ended March 31, 2026)
Record Date for Dividend August 18, 2026
AGM Date August 24, 2026
New Statutory Auditor M/s. Rajvanshi & Associates
Resigned Auditor M/s. J C Kabra & Associates

Shareholders are advised to note the record date for dividend entitlements and prepare for the AGM agenda, which includes critical governance votes. The full details required under Regulation 30 read with SEBI Master Circular No. SEBI/HO/CFD/PoD2/CIR/P/0155 dated November 11, 2024, have been uploaded to the company’s website.

Historical Stock Returns for Sodhani Academy of Fintec

1 Day5 Days1 Month6 Months1 Year5 Years
+8.81%+2.48%+0.62%-14.59%-38.54%+192.90%

How might the transition from M/s. J C Kabra & Associates to M/s. Rajvanshi & Associates impact the rigor or focus of Sodhani Academy's future financial audits?

What specific growth strategies or operational changes is Managing Director Rajesh Kumar Sodhani expected to prioritize during his new three-year term?

Given the declaration of a final dividend, what does the payout ratio suggest about Sodhani Academy's current cash flow health and future capital allocation plans?

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Sodhani Academy Fintech auditor J C Kabra resigns citing commitments

2 min read     Updated on 28 Jul 2026, 08:42 PM
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Sodhani Academy of Fintech Enablers Ltd announced the resignation of statutory auditor M/s. J C Kabra & Associates on July 28, 2026, citing professional commitments. The firm served since August 2023 and filed its last audit report in May 2026 for FY25. The company must now appoint a replacement to maintain compliance.

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Sodhani Academy of Fintech Enablers Limited has disclosed the resignation of its statutory auditors, M/s. J C Kabra & Associates, effective July 28, 2026. The change in audit firm requires the company to appoint a new statutory auditor to ensure continuity in financial reporting and compliance with regulatory standards. The resignation was communicated to the Bombay Stock Exchange (BSE) under Regulation 30 of the Securities and Exchange Board of India (Listing Obligations and Disclosure Requirements) Regulations, 2015.

The audit firm cited "pre-occupation with other professional commitments" as the primary reason for stepping down from the role. In its resignation letter dated July 28, 2026, M/s. J C Kabra & Associates stated that it found it appropriate to resign due to these conflicting professional obligations. The firm confirmed that there were no other material reasons for the resignation and that no concerns had been raised with the Audit Committee or Board of Directors prior to this decision.

M/s. J C Kabra & Associates was originally appointed by the members on August 9, 2023. Their term was scheduled to last for five years, covering the period from the conclusion of the 13th Annual General Meeting until the conclusion of the 18th Annual General Meeting of the company. Prior to their resignation, the firm submitted its latest audit report dated May 13, 2026, which covered the company’s standalone financial statements and results for the fiscal year ended March 31, 2026.

The disclosure includes details required under SEBI Circular no. CIR/CFD/CMD1/114/2019 dated October 18, 2019, and SEBI Circular no. SEBI/HO/CFD/CFD-PoD-1/P/CIR/2023/123 dated July 13, 2023. These regulations mandate listed entities to promptly inform stock exchanges of any changes in statutory auditors, along with the reasons for such changes.

Key Details of Auditor Resignation

Particulars Details
Resigning Firm M/s. J C Kabra & Associates
Effective Date July 28, 2026
Reason Pre-occupation with professional commitments
Appointment Date August 9, 2023
Scheduled Term End Conclusion of 18th AGM
Last Audit Report May 13, 2026 (FY25 results)

The company’s Company Secretary, Monika Agarwal, signed the intimation letter to the General Manager of BSE Limited’s SME Division. The firm has requested the Board of Directors to take note of the resignation and complete the necessary statutory filings as required under the Companies Act, 2013. Shareholders should monitor subsequent announcements regarding the appointment of a new statutory auditor to oversee future financial audits.

Historical Stock Returns for Sodhani Academy of Fintec

1 Day5 Days1 Month6 Months1 Year5 Years
+8.81%+2.48%+0.62%-14.59%-38.54%+192.90%

Which new statutory audit firm is Sodhani Academy likely to appoint, and how might their expertise impact future financial reporting standards?

Could the early resignation of the auditor after just three years signal underlying governance issues or operational challenges not disclosed in the public statement?

How will the transition period affect the timeline for the company's upcoming annual general meeting and the approval of subsequent financial results?

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1 Year Returns:-38.54%