Sumedha Fiscal Services Ltd. reported a decline in its standalone net profit to ₹237.62 lakh for the financial year ended March 31, 2026, compared to ₹658.64 lakh in the previous year. For the quarter ended March 31, 2026, the company recorded a net loss of ₹211.11 lakh. The board of directors has recommended a dividend of Re 1 per equity share with a face value of ₹10 each, subject to shareholder approval at the 37th Annual General Meeting.

The board, in its meeting held on May 24, 2026, approved the standalone and consolidated audited financial statements. The record date for determining eligibility for the final dividend is fixed as Thursday, August 13, 2026. The financial results were prepared in compliance with the Indian Accounting Standards (Ind AS) and the NBFC format prescribed under the Companies Act, 2013.

Financial Performance

Total revenue from operations for FY26 stood at ₹10,943.18 lakh, a marginal increase from ₹10,157.98 lakh in FY25. For the quarter ended March 31, 2026, revenue from operations was ₹2,867.63 lakh. On a consolidated basis, the company reported a net profit of ₹242.11 lakh for the year, down from ₹727.97 lakh in the previous year. Consolidated revenue from operations for the year was ₹10,966.51 lakh.

Board Decisions

The board approved the re-appointment of M/s ALP & Associates, Chartered Accountants, as the Internal Auditor for FY26-27 based on the Audit Committee's recommendation. The auditors, M/s V. Singhi & Associates, issued an unmodified opinion on the standalone and consolidated financial results. The company also approved the notice for the 37th Annual General Meeting.

Sumedha Fiscal Services Ltd. has completed the dispatch of the Notice for the Extra-Ordinary General Meeting (EGM) scheduled to be held on Thursday, June 11, 2026, at 11:30 A.M. IST. The notice was sent electronically to members on May 19, 2026, and newspaper publications were released on May 20, 2026, in the Financial Express and Aajkaal. The meeting will be conducted via Video Conferencing (VC) or Other Audio Visual Means (OAVM) without physical presence.

Preferential Allotment Agenda

The primary agenda of the EGM is to seek shareholder approval for the preferential allotment of equity shares and warrants. The Board proposes to issue and allot up to 4,00,000 equity shares and 2,50,000 fully convertible warrants. The issue price for both securities is Rs. 41.05 per unit, which includes a premium of Rs. 31.05. The total issue size aggregates to Rs. 1,64,20,000 for equity shares and Rs. 1,02,62,500 for warrants. The proposed allottees include Mrs. Savita Maheshwari (Promoter Group) and Oasis Securities Limited (Non-Promoter).

E-Voting and Meeting Schedule

Members eligible to vote as on the cut-off date of June 4, 2026, may cast their votes through remote e-voting or during the meeting. The remote e-voting facility will be available from June 8, 2026, at 09:00 A.M. to June 10, 2026, at 05:00 P.M. Members attending the EGM via VC/OAVM who have not voted remotely may vote during the meeting. The company has engaged CDSL to provide the e-voting facility.

The EGM notice is available on the company's website. The meeting is being held in compliance with the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015, and relevant MCA circulars permitting virtual meetings.