Swarna Securities Ltd. Announces 36th Annual General Meeting and Shares Shift Focus to Real Estate Development
Swarna Securities Ltd. has scheduled its 36th Annual General Meeting (AGM) on June 30, 2026. The AGM is set to take place at M Hotel in Vijayawada at 10:00 A.M., and it will be held to transact business as detailed in the notice of the meeting.The company provided a remote e-voting facility for its members, which can be utilized both prior to and during the AGM. The period for remote e-voting is open from Saturday, June 27, 2026 (9:00 A.M.) until Monday, June 29, 2026 (5:00 P.M.). Shareholders who have not exercised their voting rights via remote e-voting will be able to vote by polling paper or electronic means during the AGM. The cut-off date for determining shareholder eligibility for voting was set as Tuesday, June 23, 2026.
The notice of the AGM and the Annual Report 2026 are available on the company's website. Furthermore, Mr. Ganga Anil Kumar, a Practicing Company Secretary (M No. F11250 and CP No. 26347), has been appointed as the Scrutinizer for the voting process at the 36th Annual General Meeting.
Financial Performance Overview
The Directors' Report presented the standalone financial results of Swarna Securities Ltd. for the year ended March 31, 2026. The company reported that its activity currently consists primarily of other income derived from rent and lease, along with dividend income, following the wind-down of its non-banking finance business.The key financial outcomes are summarized below:
| Metric | Current Year (31.03.2026) | Previous Year (31.03.2025) |
|---|---|---|
| Total Income | 143.84 Lakhs | 143.09 Lakhs |
| Expenses | 62.54 Lakhs | 37.05 Lakhs |
| Profit before tax | 78.04 Lakhs | 100.64 Lakhs |
| Profit after tax | 61.69 Lakhs | 80.99 Lakhs |
| Basic/Diluted Earning per Equity share (face value Rs. 10/-) | 2.06 | 2.70 |
Business Review and Future Strategy
The company has ceased the business of a non-banking finance company following the surrender of its NBFC certificate to the Reserve Bank of India. The current operations involve collecting outstanding dues from borrowers, in addition to generating non-operating income such as rent and dividend.Looking ahead, Swarna Securities Ltd. has indicated plans to diversify its activities and is intending to venture into the real estate and infra development sector.
Financial Statements Snapshot (In 000)
The Balance Sheet for March 31, 2026, shows a total of 77224.52 in Total Assets, compared to 71155.83 in the previous year.| Category | As at 31.03.2026 (in 000) | As at 31.03.2025 (in 000) |
|---|---|---|
| Total Assets | 77224.52 | 71155.83 |
| Total Equity and Liabilities | 77224.52 | 71155.83 |
| Total Equity | 71869.47 | 65699.07 |
Key Management and Corporate Governance Highlights
The company's Board has maintained several statutory committees, including the Audit Committee, Nomination and Remuneration Committee, and Stakeholders Relationship Committee.Regarding shareholder structure as of March 31, 2026:
| Shareholding Slab | Number of Shareholders | Percentage of Shares |
|---|---|---|
| 0-500 shares | 751 | 81.45% |
| 501-1000 shares | 96 | 10.41% |
| 1001-2000 shares | 36 | 3.9% |
| 2001-3000 shares | 9 | 0.98% |
The company's directors, including Sri M. Murali Krishna (Chairman and Managing Director), confirmed compliance with the Code of Conduct. The Board also conducted various familiarization programs for Independent Directors during the financial year, focusing on topics such as Insolvency and Bankruptcy Code, Insider Trading, and SEBI (LODR) Regulations.
Stock Price Movement
Swarna Securities Ltd. settled on Friday at ₹77.75, as shares registered a decline of 2.20%. Throughout the trading day, the stock moved between an intraday low of ₹75.60 and a high near ₹83.47.Disclaimer: Due care and diligence have been taken in compiling and presenting news and market-related content. However, errors or omissions may arise despite such efforts.
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