Shardul Securities Limited has announced a board meeting scheduled for January 29, 2026, to review and approve the company's quarterly financial performance. The meeting will focus on considering unaudited financial results for the third quarter and nine months ended December 31, 2025, in accordance with regulatory requirements.

Board Meeting Details

The company's Board of Directors will convene on Thursday, January 29, 2026, with the primary agenda being the consideration and approval of unaudited financial results. This meeting is being conducted in compliance with Regulation 33 of SEBI (Listing Obligation and Disclosure Requirements) Regulations, 2015.

Trading Window Restrictions

In line with insider trading regulations, Shardul Securities has implemented a trading window closure for designated persons. The trading window for dealing in the company's shares was closed from Thursday, January 1, 2026, and will remain closed until 48 hours after the announcement of financial results for the quarter and nine months ended December 31, 2025.

This restriction applies to all designated persons of the company and their immediate relatives, ensuring compliance with insider trading norms during the period leading up to and immediately following the financial results disclosure.

Regulatory Compliance

The announcement was made through a formal communication to BSE Limited, where the company's shares are listed under security code 512393. The notification was signed by Daya Bhalia, who serves as Director and Company Secretary with DIN 07049483, ensuring proper corporate governance protocols are followed.

The company has requested BSE to take the information on record and ensure appropriate dissemination to market participants, maintaining transparency in its communication with stakeholders and regulatory authorities.

Shardul Securities Limited has issued a postal ballot notice to its shareholders seeking approval for critical board appointments through a remote e-voting process. The notice, dated December 19, 2025, outlines three key resolutions that require member approval during the voting period from January 10, 2026, to February 8, 2026.

Key Resolutions for Shareholder Approval

The company has proposed three significant resolutions for shareholder consideration, each addressing important board composition matters.

E-Voting Schedule and Process

Shardul Securities has engaged MUFG Intime India Private Limited as the registrar and transfer agent to facilitate the remote e-voting process. The company will conduct the voting exclusively through electronic means, with no physical postal ballot forms being distributed to members.

Proposed Independent Directors

Mr. Gyanchand Pipara

Mr. Gyanchand Pipara brings over four decades of expertise in accounting, forensic accounting, auditing, assurance, and tax consultancy. He is the founder of Pipara & Co. LLP, a globally recognized accounting firm with international presence across Ahmedabad, Mumbai, Delhi, Dubai, London, New York, and the Isle of Man. His appointment as independent director is proposed for a three-year term commencing from November 12, 2025.

Ms. Anshu Agarwal

Ms. Anshu Agarwal is a practicing company secretary with over 20 years of experience in corporate laws, mergers and acquisitions, and fund-raising activities. She has worked with leading business groups including Borosil, Reliance Industries, Reliance Infrastructure, IIFL, and the Lodha Group. Her proposed appointment as independent director spans three years starting from December 20, 2025.

Executive Director Re-appointment

The company seeks to re-appoint Ms. Daya Bhalia as executive director for an additional three-month term effective from November 14, 2025. Ms. Bhalia, who holds B.Com and Law degrees and is a qualified member of the Institute of Company Secretaries of India, has been serving as the company secretary and compliance officer since December 1, 2017.

Compliance and Regulatory Framework

The postal ballot notice has been issued in compliance with Sections 108 and 110 of the Companies Act, 2013, and the Securities and Exchange Board of India (Listing Obligations and Disclosure Requirements) Regulations, 2015. The notice is being distributed exclusively through electronic mode to members whose email addresses are registered with the company, depositories, or the registrar and transfer agent.

M/s D Maurya & Associates, Company Secretary in practice, has been appointed as the scrutinizer to conduct the postal ballot process in a fair and transparent manner. The scrutinizer will prepare a detailed report of votes cast and submit it to the company chairman following the conclusion of the voting period.