SSPN Finance has approved its annual report for the financial year ended March 31, 2026. The Board of Directors also fixed September 30, 2026, as the date for the company's Annual General Meeting (AGM).

The board meeting was held on September 7, 2026, at the company's registered office in Mumbai. The session commenced at 6:15 pm and concluded at 6:35 pm. Pursuant to Regulation 30 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015, the firm issued an intimation to the Bombay Stock Exchange Limited regarding the proceedings.

Key Resolutions

The primary matters considered and approved during the board session included:

• Approval of the annual report for FY26.
• Fixing Wednesday, September 30, 2026, at 11:30 am as the date and time for conducting the AGM.
• Re-appointment of Mr. Sachin Vadgave and Mr. Uttamkumar Abhinandan Singh, who retire by rotation and are eligible for re-appointment.

Sachin Ramchandra Vadgave, Director, signed the communication on behalf of the company.

Financial Performance

For FY26, SSPN Finance reported revenue from operations of ₹31,35,876, a modest increase from ₹30,36,862 in FY25. The company recorded a profit after tax of ₹1,00,762, compared to ₹87,994 in the previous year. Earnings per share (basic) stood at ₹0.03, up from ₹0.02 in FY25.

The company’s total assets grew to ₹7,06,57,909 from ₹6,52,37,626 in FY25. Short-term borrowings increased to ₹2,56,13,093 from ₹1,51,34,843, while cash and cash equivalents rose significantly to ₹3,40,053 from ₹26,411.

Corporate Governance

Jain Anil & Associates, Chartered Accountants, served as the statutory auditors for FY26. The secretarial audit was conducted by M/s Shrishti Goyal & Associates. The company reported no frauds during the year and confirmed compliance with applicable statutory provisions.

No dividend was recommended for FY26 to strengthen the financial position of the company. The register of members and share transfer books will remain closed from September 23, 2026, to September 30, 2026.

SSPN Finance reported a net profit of ₹1,00,762 for the financial year ended March 31, 2026, an increase from ₹87,994 in the previous year. Revenue from operations rose to ₹31,35,876 from ₹30,36,862 in FY25. The company's Board of Directors approved the audited financial statements for the year and half-year ended March 31, 2026, during a meeting held on May 30, 2026.

The financial results were reviewed by the Audit Committee and subsequently taken on record by the Board. The filing was submitted to BSE Limited pursuant to Regulation 33 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015. Jain Anil & Associates, Chartered Accountants, issued an unmodified opinion on the audit report, confirming the company's compliance with Indian Accounting Standards.

Total expenses for the year increased to ₹29,97,846 from ₹29,14,355 in the prior year. Employees benefit expenses decreased to ₹9,46,200 from ₹13,34,730, while other expenses rose to ₹11,44,309 from ₹5,73,483. Finance costs stood at ₹9,00,000 compared to ₹9,97,425 in FY25.

The balance sheet shows total assets at ₹7,06,57,909 as of March 31, 2026, up from ₹6,52,37,626 in the previous year. Shareholders' funds increased to ₹4,40,69,247 from ₹4,38,25,906. Short-term borrowings rose significantly to ₹2,56,13,093 from ₹1,51,34,843.

Financial Performance Summary

The company stated that it has not issued any shares in the past three years and therefore is not required to prepare a Statement of Deviation. There were no investor complaints pending as of March 31, 2026.