Stellant Securities (India) Limited has made significant moves in its board composition and reported impressive financial results for the first quarter of the fiscal year. The company's board meeting on July 31, 2025, resulted in key decisions that signal a new direction for the firm.

Board Appointments and Re-appointments

The Board of Directors approved the appointment of Mr. Jaydeep Pandya as an Independent Director for a five-year term starting July 31, 2025. Pandya, a B.Com graduate with a decade of experience in accounts, capital market advisory, and business administration, brings fresh perspectives to the board. The company confirmed that Pandya is not related to any existing directors and is not debarred by SEBI or other authorities.

In addition, Mrs. Mangala Rathod, who has been serving as Whole-Time Director since 2014, received approval for re-appointment for another three-year term beginning August 14, 2025. Rathod's extensive experience of over 20 years has been instrumental in overseeing the company's operations, strategy, and business development.

Both appointments are subject to shareholder approval at the upcoming Annual General Meeting.

Q1 Financial Performance

Stellant Securities reported a remarkable financial performance for the quarter ended June 30, 2025:

The company's revenue from operations surged to ₹232.00 lakh in Q1 FY2026, compared to ₹0.15 lakh in the same quarter of the previous year. This exponential growth led to a net profit after tax of ₹169.58 lakh, a significant turnaround from the loss of ₹6.44 lakh in Q1 FY2025.

Bonus Share Issue

In a move that will reward its shareholders, Stellant Securities' board has approved and recommended a bonus issue in the ratio of 4:1. This means shareholders will receive four new equity shares for every one share held. The bonus shares will be issued from the company's free reserves, which stood at ₹2.99 crore as of June 30, 2025.

Strategic Initiatives

The board has also given the green light for the company to apply for Non-Banking Financial Company (NBFC) registration. This strategic move will involve changes to the Memorandum of Association, expanding the company's object clause to include NBFC activities, investment and credit operations, leasing, and hire-purchase financing.

Conclusion

Stellant Securities' recent board decisions and exceptional financial performance indicate a period of significant growth and strategic expansion for the company. The appointment of new leadership, coupled with the impressive financial results and shareholder-friendly initiatives like the bonus issue, positions Stellant Securities for a promising future in the financial services sector.

Shareholders and potential investors will be keenly watching the upcoming Annual General Meeting, where these major decisions will be put to vote.

Stellant Securities (India) Limited has announced significant changes to its board composition and a bonus share issuance, as approved by the company's Board of Directors in their recent meeting.

Board Appointments

The Board has approved the appointment of Mr. Jaydeep Pandya as an Independent Director for a five-year term starting July 31, 2025, subject to shareholder approval at the upcoming Annual General Meeting. Mr. Pandya, a B.Com graduate, brings nearly a decade of experience in accounts, capital market advisory, and general business administration to the board.

In addition, Mrs. Mangala Rathod has been re-appointed as Whole-time Director for a three-year term beginning August 14, 2025. Mrs. Rathod, who has been serving as Whole-Time Director since 2014, has over 20 years of experience overseeing operations, strategy, and business development.

Bonus Share Issue

In a move that will reward its shareholders, Stellant Securities has approved a bonus issue of equity shares in the ratio of 4:1. This means shareholders will receive four new fully paid-up equity shares for every one share held. The bonus shares will be issued from the company's free reserves created out of profits and the securities premium account.

The company's pre-bonus paid-up equity share capital stands at Rs. 74.05 lakh, which will increase to Rs. 370.24 lakh post the bonus issue. The number of shares will rise from 7,40,490 to 37,02,400, each with a face value of Rs. 10.

Financial Performance

For the quarter ended June 30, 2025, Stellant Securities reported:

All figures in Rs. crore

Other Key Decisions

The Board has also approved:

• Applying for Non-Banking Financial Company (NBFC) registration
• Making necessary changes to the company's Memorandum of Association
• Adopting a new set of Articles of Association to align with the provisions of the Companies Act, 2013, subject to shareholder approval

These strategic decisions, including the board appointments, bonus issue, and potential expansion into NBFC activities, reflect Stellant Securities' commitment to growth and shareholder value creation. Investors and stakeholders will be keenly watching how these changes impact the company's future performance and market position.