SKP Securities Limited has issued a postal ballot notice to shareholders for approval of material related party transactions with SKP Commodities Limited under Regulation 30 of SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015.

Postal Ballot Notice Details

The company dispatched the postal ballot notice dated February 26, 2026, to all members whose names appeared in the register as of the cut-off date. The notice seeks shareholder approval for continuing and entering into new arrangements with SKP Commodities Limited during financial year 2026-27.

Proposed Transaction Framework

The company seeks approval for three categories of transactions with SKP Commodities Limited, which qualifies as a related party due to common directors and shareholding relationships.

The recurring line of credit arrangement provides flexible access to working capital at 12.00% per annum interest. Rent payments are structured at Rs. 2.25 lacs per month, with office maintenance costs capped at Rs. 0.25 lacs monthly.

Regulatory Compliance and Materiality

Under Regulation 23 of SEBI LODR Regulations, transactions exceeding 10.00% of annual consolidated turnover require shareholder approval. With SKP Securities' annual turnover of Rs. 3,633.17 lacs for financial year 2024-25, the materiality threshold stands at Rs. 363.31 lacs.

The proposed transactions may collectively exceed this threshold during financial year 2026-27, necessitating prior shareholder consent through the postal ballot process.

Historical Transaction Data

Previous dealings between the entities during financial year 2024-25 totaled Rs. 1,91,64,401, comprising:

E-Voting Process and Oversight

The company has engaged Central Depository Services (India) Limited for remote e-voting facility. Mr. Atul Kumar Labh of M/s. A.K. Labh & Co., Practicing Company Secretaries, serves as the appointed Scrutinizer for the postal ballot process.

Shareholders can access the postal ballot notice on the company website at www.skpsecurities.com , BSE website, and CDSL e-voting platform. All related parties are restricted from voting on the resolution under SEBI LODR Regulations.

Related Party Structure

The relationship between SKP Securities and SKP Commodities stems from common directors Mr. Naresh Pachisia and Mr. Nikunj Pachisia, along with significant shareholding overlaps among promoter group members.

SKP Commodities Limited reported turnover of Rs. 120.81 lacs, profit after tax of Rs. 52.10 lacs, and net worth of Rs. 463.07 lacs for financial year 2024-25. The proposed transaction value represents 442.83% of the related party's annual turnover.

SKP Securities Limited delivered strong financial performance in Q3FY26, with the company reporting a substantial 59.4% year-on-year increase in net profit to ₹266.46 lacs for the quarter ended December 31, 2025. The results demonstrate the company's continued growth momentum in the securities and financial services sector.

Financial Performance Overview

The company's quarterly results showed impressive growth across multiple parameters. Revenue from operations increased by 16.5% to ₹1,037.24 lacs compared to ₹890.06 lacs in the corresponding quarter of the previous year.

Revenue Segment Analysis

The company's revenue growth was driven by strong performance across its core business segments. Interest income rose to ₹193.39 lacs from ₹144.63 lacs in Q3FY25, marking a significant improvement. Brokerage and fee income, the company's primary revenue stream, increased to ₹815.63 lacs compared to ₹742.68 lacs in the previous year quarter.

Nine-Month Performance

For the nine-month period ended December 31, 2025, SKP Securities reported total revenue from operations of ₹3,162.14 lacs compared to ₹3,002.39 lacs in the corresponding period of the previous year. Net profit for the nine-month period stood at ₹844.46 lacs versus ₹883.07 lacs in the previous year.

Expense Management

Total expenses for Q3FY26 were ₹682.88 lacs compared to ₹665.44 lacs in Q3FY25. The major expense components included brokerage and fee expenses of ₹256.29 lacs, employee benefits expenses of ₹222.74 lacs, and other expenses of ₹145.84 lacs. Finance costs increased to ₹43.43 lacs from ₹28.56 lacs in the previous year quarter.

Earnings Per Share and Capital Structure

The company reported earnings per share of ₹3.91 for Q3FY26, significantly higher than ₹2.45 in Q3FY25. For the nine-month period, EPS stood at ₹12.40 compared to ₹12.97 in the previous year. The paid-up equity share capital remained unchanged at ₹680.88 lacs with shares of ₹10 each.

Board Approval and Audit

The unaudited financial results were reviewed by the Audit Committee and approved by the Board of Directors at their meetings held on January 27, 2026, and January 28, 2026. The results underwent limited review by the company's statutory auditors, S K Agrawal and Co Chartered Accountants LLP, as required under SEBI regulations. The company operates under a single business segment, making segment reporting unnecessary according to the disclosure.