Sri Amarnath Finance has appointed M/s Mayuri Sinha & Co as its secretarial auditor to fill a casual vacancy. The Board of Directors approved the appointment during its meeting on August 27, 2026.

The firm will serve for a term of five consecutive years, commencing from August 27, 2026, until the conclusion of the Annual General Meeting in 2031. This appointment replaces M/s Sumit Bajaj & Associates, who resigned from the role.

Corporate Governance Updates

The board also decided to convene the company’s 41st Annual General Meeting on September 25, 2026. The meeting is scheduled to take place at Niskam Sankirtan Mandal in New Delhi at 10:30 am. It will address matters related to the financial year ended March 31, 2026.

Shareholders must note that the register of members and share transfer books will remain closed from September 19, 2026, to September 25, 2026, inclusive. This closure facilitates the preparation of the record date for dividend eligibility and voting rights.

Auditor Profile and Compliance

M/s Mayuri Sinha & Co is an integrated practicing company secretaries firm. Its services include secretarial advisory, legal due diligence, corporate governance compliance, and audit. The firm emphasizes ethics and corporate governance in its operations.

The appointment was made pursuant to Regulation 30 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015. Details regarding the change were disclosed as per SEBI Master Circular No: HO/49/14/14(7)2025-CFD-POD2/I/3762/2026 dated January 30, 2026.

The board also appointed M/s Mayuri Sinha & Co as the scrutinizer for remote e-voting to be conducted during the ensuing AGM. Shareholders are required to approve the appointment of the secretarial auditor at the general meeting.

Sri Amarnath Finance Limited reported a net profit of ₹295.78 lakh for the financial year ended March 31, 2026, a decrease from ₹308.01 lakh in the previous year. Total income for the year rose to ₹593.90 lakh from ₹557.89 lakh in FY25, driven by interest income. The company's board of directors approved the audited financial results for the quarter and year ended March 31, 2026, during a meeting held on May 27, 2026.

Financial Performance

For the quarter ended March 31, 2026, the company recorded a net profit of ₹70.50 lakh on a total income of ₹141.74 lakh. Interest income, the primary revenue driver, increased to ₹593.90 lakh in FY26 from ₹557.26 lakh in the prior year. Earnings per share (EPS) for the year stood at ₹2.96, compared to ₹3.09 in FY25.

Expense and Taxation

Total expenses for FY26 increased to ₹193.40 lakh from ₹143.41 lakh in the previous year. The finance cost for the year was ₹28.76 lakh, significantly higher than the ₹1.05 lakh reported in FY25. The company provided a total tax expense of ₹104.72 lakh for the year, slightly lower than the ₹106.47 lakh paid in the preceding year.

Balance Sheet and Cash Flows

The company's total assets as of March 31, 2026, were ₹8,092.61 lakh, a marginal increase from ₹7,975.34 lakh a year earlier. Borrowings decreased substantially to ₹50.00 lakh from ₹250.96 lakh in FY25. Cash and cash equivalents stood at ₹11.70 lakh, while bank balances were reported at ₹3,934.76 lakh. Net cash from operating activities for the year was negative at ₹(304.822) lakh, compared to a positive ₹517.524 lakh in the previous year.

Regulatory Compliance

The statutory auditor, Rajender Kumar Singal & Associates LLP, provided an unmodified opinion on the standalone financial results. The intimation regarding the board meeting outcome was submitted to BSE Limited in compliance with Regulation 30 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015.