Stellant Securities reported a net profit of ₹2,130.71 lakh for the financial year ended March 31, 2026, marking a significant increase from ₹129.11 lakh in the previous year. Total revenue from operations stood at ₹5,049.97 lakh, compared to ₹181.40 lakh in FY25.

The company’s Board of Directors recommended a final dividend of ₹0.20 per equity share of face value ₹10 each. The 35th Annual General Meeting (AGM) is scheduled for September 23, 2026, at the registered office in Mumbai.

Financial Performance

The company's total income rose to ₹5,087.22 lakh from ₹187.62 lakh in the prior year. This growth was primarily driven by its core business segments:

Revenue from Securities Market Trading and Advisory contributed ₹4,727.88 lakh, while Bullion Trading added ₹322.09 lakh. The company commenced bullion trading during the year, diversifying its revenue streams beyond traditional securities operations.

Balance Sheet and Cash Flow

Total assets increased substantially to ₹8,184.70 lakh from ₹226.37 lakh as of March 31, 2025. This expansion was supported by a strong cash position and equity raises.

Cash and cash equivalents rose to ₹3,754.41 lakh, reflecting proceeds from capital issuance. Inventories, primarily closing stock of securities, stood at ₹4,289.16 lakh, up from ₹42.27 lakh in the previous year.

Capital Raises and Corporate Actions

During FY26, the company executed several significant corporate actions:

• Allotted 29,61,920 bonus equity shares on a 4:1 basis to existing shareholders.
• Increased authorized share capital from ₹5 crore to ₹7 crore.
• Issued 3,00,000 fully convertible warrants to promoters at ₹340 each.
• Allotted 18,33,595 equity shares to non-promoter public category groups at ₹290 each.

These actions expanded the paid-up equity share capital to 55,35,995 shares as of March 31, 2026.

What the Numbers Show

The divergence between the surge in net profit and the modest rise in operating expenses highlights the operational leverage gained from the new business verticals. While total expenses were ₹2,207.51 lakh, this included ₹6,427.29 lakh in purchases of stock in trade, which was largely offset by a decrease in inventory valuation adjustments. The substantial increase in other equity (₹7,244.79 lakh) indicates that the profit growth was amplified by significant capital inflows from preferential allotments and share premiums rather than organic retention alone.

Stellant Securities (India) Limited secured shareholder approval for an authorized share capital increase and a preferential equity issuance to the public category group.

The resolutions were passed at the Extraordinary General Meeting held on August 24, 2026, at the company’s registered office in Mumbai. The meeting commenced at 9:00 am and concluded at 9:33 am.

Voting Results Overview

Shareholders voted on three key resolutions during the EOGM. The voting process involved remote e-voting and physical ballot papers, scrutinized by Vineeta Patel & Co.

Capital Restructuring Details

The ordinary resolution to increase the authorized share capital received overwhelming support. A total of 42 members representing 2,564,142 shares voted in favour, while only three members holding seven shares voted against. No shares abstained from voting on this item.

Similarly, the special resolution for the issuance of up to 12,89,177 equity shares on a preferential basis to the non-promoter public category group for cash was approved. This resolution also saw 42 members voting in favour with 2,564,142 shares, matching the support level for the capital increase.

Promoter Warrant Issuance

The third resolution, a special resolution regarding the issuance of up to 3,48,837 warrants convertible into equity on a preferential basis to promoters and their relatives, passed despite limited active support. Only 36 members representing 141,432 shares voted in favour, accounting for 5.16% of valid votes cast.

Notably, six members holding 24,22,710 shares abstained from voting on this specific resolution. The promoter group, which holds 24,22,710 shares, did not cast any votes for or against this resolution, as indicated by the zero votes polled in the promoter category for this item. The resolution passed due to the requisite majority among the voting public shareholders.

Procedural Compliance

The company appointed Central Depository Services Limited (CDSL) as the service provider for remote e-voting. The e-voting window opened on Friday, August 21, 2026, at 9:00 am and closed on Sunday, August 23, 2026, at 5:00 pm. The cutoff date for determining member entitlements was Monday, August 17, 2026.

Vineeta Piyush Patel of Vineeta Patel & Co served as the scrutinizer for the meeting. The report confirmed that no poll papers were found invalid and that the quorum was present throughout the proceedings. All electronic data and records related to the e-voting process have been sealed and handed over to the company’s directors for safekeeping.