Shardul Securities Reappoints Yogendra Chaturvedi as Whole-time Director

Shardul Securities Limited , a prominent player in the financial services sector, has announced the reappointment of Mr. Yogendra Chaturvedi as Whole-time Director for another five-year term. The decision, made by the company's Board of Directors, is subject to shareholder approval at the upcoming Annual General Meeting.

Key Details of the Reappointment

Term: Five years, effective from February 5, 2026
Current Position: Executive Director
Experience: Over two decades in financial markets

The reappointment comes as Mr. Chaturvedi's current term is set to expire on February 4, 2026. The decision was based on the recommendation of the Nomination and Remuneration Committee, highlighting the company's confidence in Mr. Chaturvedi's leadership and expertise.

Professional Background

Mr. Chaturvedi is described as an experienced finance professional with a strong track record in the financial markets. His extensive experience of over two decades positions him well to continue guiding Shardul Securities in its future endeavors.

Corporate Governance

The company has confirmed that Mr. Chaturvedi is not related to any other directors on the board. Additionally, Shardul Securities has stated that he is not debarred from holding the position of Whole-time Director by any regulatory authority, including SEBI.

Other Board Decisions

In the same board meeting, Shardul Securities also made several other key decisions:

Appointment of Secretarial Auditor: M/s. D Maurya & Associates, a Practicing Company Secretary firm, has been appointed as the Secretarial Auditor for a term of five financial years from FY 2025-26 to FY 2029-30, subject to shareholder approval.
Financial Results: The board approved the unaudited Standalone and Consolidated Financial results for the quarter ended June 30, 2025.
NBFC Category: The company has decided to continue operating under the existing NBFC Type-II category, following a strategic review.

These decisions reflect Shardul Securities' commitment to maintaining strong corporate governance practices and strategic planning for its future operations.

The reappointment of Mr. Chaturvedi and the other board decisions indicate Shardul Securities' focus on stability and continuity in its leadership, while also ensuring compliance with regulatory requirements and adapting to market conditions.

1 Day	5 Days	1 Month	6 Months	1 Year	5 Years
-1.80%	-4.61%	-7.32%	+8.35%	-53.58%	+436.38%

Shardul Securities Limited , a non-banking financial company (NBFC) classified as a Base Layer NBFC by the Reserve Bank of India, has reported robust financial results for the first quarter. The company's board of directors also made key decisions regarding auditor appointment and executive reappointment.

Financial Performance

On a consolidated basis, Shardul Securities posted impressive numbers for Q1:

Particulars	Q1 (₹ in lakhs)
Total Revenue	9,414.66
Profit Before Tax	8,797.71
Profit After Tax	7,037.45
Earnings Per Share (₹)	8.04

The company's standalone performance was equally strong:

Particulars	Q1 (₹ in lakhs)
Total Revenue	8,057.79
Profit Before Tax	7,618.20
Profit After Tax	6,077.35
Earnings Per Share (₹)	6.95

Key Corporate Decisions

Appointment of Secretarial Auditor: The board approved the appointment of M/s. D Maurya & Associates, a Practicing Company Secretary firm, as the Secretarial Auditor for a term of five financial years from FY 2025-26 to FY 2029-30, subject to shareholder approval at the upcoming Annual General Meeting.
Reappointment of Executive Director: Mr. Yogendra Chaturvedi has been reappointed as a Whole-time Director, designated as Executive Director, for a period of five years effective from February 5, 2026. This reappointment is subject to shareholder approval.
NBFC Category: After strategic review, the company has decided to continue operating under its existing NBFC Type-II category, reversing its earlier plan to change to NBFC Type I category.

Segment Performance

The company reported segment-wise results for Q1:

Segment	Revenue (₹ in lakhs)	Results (₹ in lakhs)
Investment and Finance activity	9,257.53	7,657.39
Other activity	216.38	1,140.33
Total	9,473.91	8,797.72

The 'Other activity' segment primarily includes stock and securities broking activities of the group.

Shardul Securities Limited continues to demonstrate strong financial performance and strategic decision-making, positioning itself for sustained growth in the NBFC sector. The company's focus on investment and finance activities, coupled with its broking operations, has contributed to its robust quarterly results.