Srestha Finvest has scheduled its 41st annual general meeting for September 30, 2026. The meeting will be held through video conferencing or other audio-visual means from its registered office in Chennai.

The board approved the notice on September 4, 2026. Key agenda items include the adoption of audited financial statements for FY26 and several special resolutions regarding board composition and related-party transactions.

Board Appointments

Shareholders will be asked to appoint Mr. Dipesh Jaswantlal Shah (DIN: 09511575) as a non-executive independent director. He was initially appointed as an additional director on July 3, 2026. The proposed term is five consecutive years, effective from July 3, 2026, until July 2, 2031.

The company will also seek approval for the reappointment of Mrs. Sitaben S Patel (DIN: 02470150) as a non-executive independent director. Her current term ends on October 27, 2026. The proposed second term spans five consecutive years, from October 28, 2026, to October 27, 2031.

Related-Party Transactions

The AGM will consider ordinary resolutions approving material related-party transactions with three entities: Rekha Bhandari, Prajal Bhandari, and Prajal Nutrifoods Private Limited. These transactions are classified as material under Regulation 23 of the SEBI Listing Regulations.

The proposed limits for each counterparty over a three-year period (September 30, 2026, to September 30, 2029) are as follows:

• Rekha Bhandari: Lending up to ₹25 crore and borrowing up to ₹25 crore.
• Prajai Bhandari: Lending up to ₹25 crore and borrowing up to ₹25 crore.
• Prajai Nutrifoods Private Limited: Lending up to ₹25 crore, borrowing up to ₹25 crore, and acquisition of shares up to ₹25 crore.

The explanatory statement notes that these transactions are intended to augment financial resources, maintain liquidity, fund working capital, refinance existing borrowings, support business expansion, and meet general corporate purposes. The interest rates for lending and borrowing will align with prevailing bank lending rates.

The aggregate value of these proposed transactions represents approximately 269% of the company's annual standalone turnover for FY25-26, which was ₹743.50 lakh. The audit committee has reviewed and recommended these transactions to the board.

Meeting Details

The remote e-voting period begins on September 27, 2026, at 9:00 am and ends on September 29, 2026, at 5:00 pm. The record date for voting rights is September 23, 2026. The register of members and share transfer books will remain closed from September 24, 2026, to September 30, 2026.

The intimation was issued pursuant to Regulation 30 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015.

Srestha Finvest Limited reported a sharp deterioration in its standalone financial performance for Q1FY27, with a net loss of ₹2,743.05 lakhs, reversing a net profit of ₹217.41 lakhs in Q1FY26. The results, covering the quarter ended June 30, 2026, were approved by the board of directors at a meeting held on August 14, 2026, along with a limited review report issued by statutory auditors Darpan & Associates, Chartered Accountants. The auditors issued a qualified conclusion, citing the company's non-provision of interest of ₹17.06 lakhs on borrowings from Arcadia Shipping Ltd due to an ongoing dispute, which understated finance costs and overstated profit after tax to that extent.

Standalone financial performance

Total income for Q1FY27 stood at ₹229.95 lakhs, down from ₹367.54 lakhs in Q1FY26. Revenue from operations declined to ₹122.31 lakhs from ₹367.53 lakhs in the year-ago quarter, with interest income falling to ₹111.76 lakhs from ₹320.52 lakhs. Other income rose sharply to ₹107.64 lakhs from ₹0.01 lakhs in Q1FY26. Total expenses surged to ₹3,950.98 lakhs from ₹150.13 lakhs in Q1FY26, driven by a provision for non-performing assets (NPA) of ₹3,885.52 lakhs, compared to nil in the year-ago period. The loss before tax stood at ₹3,721.03 lakhs against a profit before tax of ₹217.41 lakhs in Q1FY26.

The following table summarises key standalone financial metrics:

Paid-up equity share capital stood at ₹17,575.00 lakhs as of Q1FY27, up from ₹16,400.00 lakhs in the prior periods, following the allotment of 11,75,00,000 equity shares of ₹1 each at a premium of ₹0.05 per share pursuant to conversion of convertible warrants on April 13, 2026. Reserves excluding revaluation reserves stood at ₹(3,523.23) lakhs.

Consolidated financial performance

On a consolidated basis, Srestha Finvest reported a net loss of ₹2,743.06 lakhs for Q1FY27, compared to a profit of ₹217.20 lakhs in Q1FY26. Total income was ₹229.95 lakhs against ₹367.54 lakhs in Q1FY26. Total expenses on a consolidated basis were ₹3,951.00 lakhs, with NPA provisions again the dominant driver at ₹3,885.52 lakhs. The consolidated loss before tax was ₹3,721.05 lakhs. Total comprehensive income attributable to shareholders of the group was ₹(1,823.07) lakhs. The consolidated results include the subsidiary Srestha Greentech Pvt Ltd, whose unreviewed interim financials reflected total revenues of ₹0 lakhs, net loss after tax of ₹(0.02) lakhs, and total comprehensive loss of ₹(0.02) lakhs for the quarter.

Segment performance

Srestha Finvest operates across two segments: Lending Division and Investment/Trading in Equity and F&O. On a standalone basis, the Lending Division reported segment revenue of ₹229.95 lakhs and a segment loss before tax of ₹3,721.03 lakhs in Q1FY27, compared to revenue of ₹320.52 lakhs and profit of ₹149.66 lakhs in Q1FY26. The Investment/Trading segment reported nil revenue and nil profit for the quarter. Total standalone segment assets stood at ₹25,169.13 lakhs, with total segment liabilities at ₹10,495.53 lakhs and capital employed at ₹14,673.60 lakhs.

Regulatory and compliance matters

The board noted fines imposed by BSE Ltd and Metropolitan Stock Exchange of India Ltd, vide letters dated August 14, 2026, for late submission of the shareholding pattern for the quarter ended June 30, 2026, in violation of Regulation 31 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015. The board also considered and approved compliance-related matters and reviewed ongoing general business matters and operational propositions. The board meeting commenced at 9:30 pm and concluded at 10:30 pm. No interim dividend was declared for the quarter. The company has not provided interest of ₹17.07 lakhs on borrowings for one party due to an ongoing dispute regarding interest and claim repayment, and has sought legal opinion on the matter.