Sanathnagar Enterprises Limited

Sanathnagar Enterprises Ltd has submitted its Annual Report for the Financial Year 2025-26, along with the Notice for its 79th Annual General Meeting (AGM). The report, compliant with SEBI Listing Regulations, includes the audited financial statements, Board's Report, and Management Discussion and Analysis. The AGM is scheduled for September 30, 2026, via video conferencing. Key agenda items include adopting the financial statements, re-appointment of a director retiring by rotation, and appointing M/s. Walker Chandiok & Co LLP as statutory auditors for a five-year term. The company also encourages shareholders to dematerialize shares and register email IDs for green initiatives.

Sanathnagar Enterprises Ltd has announced the details for its 79th Annual General Meeting (AGM), scheduled for Wednesday, September 30, 2026, at 11:30 a.m. IST. The meeting will be conducted via Video Conferencing (VC) / Other Audio-Visual Means (OAVM). Key agenda items include the adoption of the Audited Financial Statements for the fiscal year ended March 31, 2026, the re-appointment of Mr. Rameshchandra Chechani as a director, and the appointment of M/s. Walker Chandiok & Co LLP as Statutory Auditors for five years. Additionally, Ms. Ritika Bhalla's re-appointment as an Independent Director for a second five-year term will be considered. The cut-off date for e-voting eligibility is September 23, 2026, with remote e-voting open from September 27 to September 29, 2026.

Sanathnagar Enterprises Ltd has announced its 79th Annual General Meeting (AGM) will be held on Wednesday, September 30, 2026, at 11:30 a.m. IST. The meeting will be conducted via Video Conferencing (VC) or Other Audio-Visual Means (OAVM) in compliance with MCA and SEBI regulations. The notice of the AGM and the Annual Report for the financial year ended March 31, 2026, will be sent electronically to members. The cut-off date for determining member eligibility to vote or attend the AGM is Wednesday, September 23, 2026. Remote e-voting will be open from Sunday, September 27, 2026, at 9:00 a.m. IST to Tuesday, September 29, 2026, at 5:00 p.m. IST.

Sanathnagar Enterprises Ltd has received approval from BSE Limited for the reclassification of Mr. N.P.S. Shinh, Mrs. Manita Shinh, and M/s. Continuous Forms (Calcutta) Limited from the 'Promoter and Promoter Group' category to the 'Public' category. This follows an application submitted on July 15, 2026, in accordance with Regulation 31A of SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015. The stock exchange's no-objection letter was dated August 12, 2026. The company is required to ensure compliance with subsequent relevant disclosures related to this reclassification.

Sanathnagar Enterprises Ltd has submitted an application to BSE Limited on July 15, 2026, seeking the reclassification of certain promoters from the 'Promoter and Promoter group' category to the 'Public' category shareholder. This action is in compliance with Regulation 31A of the SEBI Listing Regulations. The company has also made this information available on its official website.

Sanathnagar Enterprises Ltd announced that its Board of Directors, in a meeting held on July 14, 2026, approved requests from certain promoters to reclassify from 'Promoter/Promoter Group' to 'Public' category. These promoters collectively hold 2.28% of the company's share capital. The reclassification is subject to approvals from BSE Limited and shareholders. The individuals seeking reclassification have confirmed they will not act as Key Managerial Personnel, are not wilful defaulters or fugitive economic offenders, and will comply with SEBI Listing Regulations regarding their status post-reclassification.

Sanathnagar Enterprises Ltd has announced that its Board of Directors, in a meeting held on July 14, 2026, approved requests from certain promoters to be reclassified from the 'Promoter' category to the 'Public' category. These promoters collectively hold 2.28% of the company's issued and paid-up share capital. The reclassification is subject to approvals from BSE Limited and the shareholders. The filing includes disclosures as required by Regulation 31A of SEBI Listing Regulations. Two individuals, holding 14,955 and 3,150 equity shares respectively, have reiterated their intention to be reclassified, confirming they meet the criteria, including not being Key Managerial Personnel, wilful defaulters, or fugitive economic offenders, and having no pending regulatory actions. They commit to complying with ongoing conditions post-reclassification.

Sanathnagar Enterprises Limited announced its unaudited financial results for the quarter ended June 30, 2026. The Board of Directors approved the results along with a limited review report from MSKA & Associates LLP, which provided an unmodified opinion. The company also approved the re-appointment of Ms. Ritika Bhalla and Mr. Jinesh Shah as Independent Directors for a second term of five years, commencing July 22, 2027. Additionally, Mr. Vikas Jain was appointed as the Chief Executive Officer, effective July 14, 2026. The Board meeting commenced at 3:45 p.m. IST and concluded at 4:15 p.m. IST.

Sanathnagar Enterprises Limited announced the appointment of Mr. Vikas Jain as its new Chief Executive Officer, effective July 14, 2026. The decision was approved by the Board of Directors following a recommendation from the Nomination and Remuneration Committee. Mr. Jain, a Chartered Accountant with over 19 years of experience in retail credit, mortgages, and risk management, previously served as Co-Head Debt Finance at Lodha Group. His expertise spans various financial sectors, including auto and mortgage lending, and building strategic partnerships.

Sanathnagar Enterprises Limited announced the re-appointment of Ms. Ritika Bhalla and Mr. Jinesh Shah as Independent Directors. Both directors will serve a second term of five years, commencing from July 22, 2027, to July 21, 2032. This decision was based on the recommendation of the Nomination and Remuneration Committee and is subject to shareholder approval. Ms. Bhalla brings expertise in corporate law and compliance, while Mr. Shah is a Chartered Accountant with extensive experience in corporate taxation and financial reporting. Both directors confirmed they are not related to any other directors and are not debarred from holding directorships.