Stardeck Finance has scheduled its 41st Annual General Meeting (AGM) for Friday, September 18, 2026. The meeting will be held via Video Conferencing or Other Audio Visual Means starting at 4:00 pm.

The company has fixed Friday, September 11, 2026, as the record date to determine shareholder eligibility for dividends declared for the financial year ended March 31, 2026. This same date serves as the cut-off for voting rights at the ensuing AGM.

Meeting Details

The 41st AGM will address matters pertaining to FY26 results and dividend approval. Participation is virtual, adhering to guidelines issued by the Ministry of Corporate Affairs and the Securities and Exchange Board of India.

Dividend payments, if approved by members, will be subject to tax deduction at source. The notice was issued on August 26, 2026, by Company Secretary Laukik Bhise.

Agenda Highlights

The notice outlines several key resolutions for shareholder approval:

• Final Dividend: The Board proposes a final dividend of ₹0.25 (2.50%) per equity share of face value ₹10 each for the financial year ended March 31, 2026. This payout is applicable to persons or entities other than Promoters or the Promoter Group.
• Director Re-appointment: Mr. Amit Pitale (DIN: 07852850) retires by rotation and offers himself for re-appointment as a Director.
• Statutory Auditors: The company seeks approval to appoint Bagaria & Co. LLP, Chartered Accountants, Mumbai (ICAI Firm Registration No. 113447W/W-100019) as Statutory Auditors for five consecutive years, from the conclusion of the 41st AGM until the conclusion of the 46th AGM in 2031.
• Fund Raising: A special resolution is proposed to approve raising funds by way of further issue of securities, pursuant to Sections 23, 42, 62(1)(c), and 179 of the Companies Act, 2013.

Starteck Finance Limited's Board of Directors, at its meeting held on 13th May 2026, approved the audited standalone and consolidated financial results for the quarter and year ended 31st March 2026, pursuant to Regulation 33 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015. The statutory auditors, M/s. MKPS & Associates, Chartered Accountants (Firm Registration Number 302014E), issued unmodified (unqualified) opinions on both the standalone and consolidated financial statements for the year ended 31st March 2026.

Strong Revenue and Profit Growth in FY26

Starteck Finance delivered a robust financial performance for FY26, with consolidated total income rising to ₹5,314.10 lakh from ₹3,648.01 lakh in FY25. On a standalone basis, total income grew to ₹4,573.48 lakh from ₹3,326.83 lakh in the prior year. The following table summarises the key income and profitability metrics:

Consolidated interest income for FY26 stood at ₹3,145.12 lakh, up from ₹2,783.22 lakh in FY25. Finance costs on a consolidated basis increased to ₹2,199.82 lakh from ₹1,899.60 lakh in the previous year.

Quarterly Performance Snapshot

For the quarter ended 31st March 2026, consolidated total income was ₹1,112.92 lakh compared to ₹1,000.78 lakh in the corresponding quarter of the previous year. Consolidated net profit for the quarter stood at ₹523.11 lakh, against ₹140.89 lakh in the corresponding quarter of FY25. On a standalone basis, the quarter recorded net profit of ₹49.87 lakh versus ₹274.86 lakh in the corresponding quarter of FY25.

Balance Sheet and Cash Flow Highlights

As at 31st March 2026, consolidated total assets stood at ₹67,523.36 lakh, up from ₹51,504.19 lakh as at 31st March 2025. Standalone total assets grew to ₹62,347.91 lakh from ₹46,379.04 lakh. Consolidated loans increased to ₹22,833.42 lakh from ₹19,526.45 lakh, while consolidated investments rose significantly to ₹32,275.71 lakh from ₹19,595.59 lakh. Consolidated borrowings stood at ₹35,097.97 lakh as at 31st March 2026, compared to ₹22,691.68 lakh in the prior year.

On the cash flow front, consolidated net cash from operating activities for FY26 was ₹3,255.24 lakh versus ₹2,742.56 lakh in FY25. Standalone net cash from operating activities improved to ₹3,612.55 lakh from ₹2,163.51 lakh. Consolidated cash and cash equivalents closed at ₹43.15 lakh as at 31st March 2026, up from ₹33.84 lakh at the start of the year.

Earnings Per Share

For FY26, consolidated basic and diluted earnings per share (of ₹10 each, not annualised) stood at ₹23.83, compared to ₹10.52 in FY25. On a standalone basis, basic and diluted EPS for FY26 was ₹17.31 versus ₹10.13 in FY25. Paid-up equity share capital remained unchanged at ₹991.03 lakh.

Dividend, Auditor Changes, and Going Concern Note

The Board recommended a final dividend at 2.5% i.e. ₹0.25 per equity share of face value ₹10 each for FY26, subject to shareholder approval at the ensuing Annual General Meeting. Notably, the Promoter and Promoter Group have waived their rights to receive the dividend. The Board also approved the appointment of M/s. Bagaria & Co. LLP, Chartered Accountants (Firm Registration No. 113447W/W-100019), as statutory auditors for a term of five consecutive years from the conclusion of the 41st AGM till the conclusion of the 46th AGM, subject to shareholder approval. M/s. Sandeep V. Chavan and Co., Chartered Accountant (Firm Registration No. 148937W), was re-appointed as internal auditor for FY 2026-27.

The consolidated auditor's report flagged a material uncertainty related to going concern in respect of subsidiary Bhuwalka Steel Industries Limited, which had a negative net worth of ₹69.08 crore as at 31st March 2026. Management has stated that the going concern basis of accounting remains appropriate, citing revised business strategy, performance improvement measures, settlement of financial creditors as per the resolution plan, operating free cash flows, financial support from the holding company, and a monetisation plan for its assets. The audit opinion was not modified in respect of this matter. The consolidated financial results include the results of two wholly owned subsidiaries: Chitta Finlease Private Limited and Bhuwalka Steel Industries Limited.