Shree Securities Ltd

Shree Securities Ltd has announced the closure of its trading window for dealing in the company's securities. This closure is in compliance with SEBI (Prohibition of Insider Trading) Regulations, 2015, and the company's internal code of conduct. The window will be shut for all designated persons, employees, specified persons, and their immediate relatives. It will remain closed from July 01, 2026, until 48 hours after the declaration of the Un-Audited Standalone Financial Results for the first quarter ended June 30, 2026, become publicly available. This measure is standard practice to prevent insider trading during sensitive financial reporting periods.

Shree Securities Ltd announced the appointment of Mr. Gurdeep Singh as the new Company Secretary and Compliance Officer, designated as Key Managerial Personnel. This appointment is effective from June 22, 2026, and fills a casual vacancy arising from the previous incumbent's resignation. Mr. Singh is a qualified Company Secretary with extensive experience in corporate laws, secretarial compliances, and corporate governance. The board meeting where this decision was made commenced at 02:30 PM and concluded at 03:00 PM on June 22, 2026.

Shree Securities Ltd has received an advance intimation of resignation from its statutory auditor, M/s R.K. Kankaria & Co., Chartered Accountants. The resignation will be effective from the date of declaration of financial results for the first quarter ended June 30, 2026. The auditor cited 'preoccupation elsewhere' as the reason for resignation. They have completed the audit for the financial year ended March 31, 2026, and will provide the review for the June quarter if provided with necessary documents. The auditor's term was set to conclude at the AGM for FY 2027-28.

Shree Securities Ltd has submitted an application to BSE India Limited for the reclassification of certain shareholders from 'Promoter/Promoter Group' to 'Public' category. This includes Amrita Sharma, Manik Chand Pugalia (deceased), Subhash Chandra Dadhich, Faber Trexim Private Limited, and Meghshree Credit Private Limited. The application follows the demise of Mr. Manik Chand Pugalia on December 4, 2024, who consequently ceases to be a Promoter. The company has provided details of the shares held by these individuals and entities.

Shree Securities Limited held a Board of Directors meeting on June 15, 2026. The board approved the reclassification of several promoters and promoter group members to the 'Public' category. This includes Amrita Sharma, Subhash Chandra Dadhich, Faber Trexim Private Limited, and Meghshree Credit Private Limited. The meeting also noted the demise of promoter Mr. Manik Chand Pugalia on December 4, 2024, and his consequent removal from the promoter category. These changes are in line with SEBI regulations.

Shree Securities Ltd has received requests from individuals and entities within its promoter group seeking re-classification to the 'Public' category under SEBI (LODR) Regulations, 2015. Notably, Mr. Manik Chand Pugalia, a promoter, has expired, necessitating his re-classification. Other applicants, including Faber Trexim Private Limited, cite lack of association with business decisions and control over company affairs as reasons for their request. The company will proceed with the re-classification subject to Board approval and regulatory compliance.

Shree Securities Ltd conducted its 32nd Annual General Meeting on June 2, 2026, via video conferencing. Key resolutions passed included the adoption of audited financial statements for FY25, regularization of appointments for three Non-Executive Independent Directors (Mr. Smit Hasmukhbhai Rachhadiya, Mr. Kishankumar Dhirajlal Tilva, and Mrs. Dimpi Jatin Changela), appointment of a Secretarial Auditor, approval for loans/guarantees under Section 185, and an increase in the threshold for loans/investments under Section 186. Additionally, the shareholders approved increasing the FPI/FII shareholding limit to 49%. The meeting concluded with a positive outlook on the company's performance.

The Board of Directors of Shree Securities Limited approved the shifting of the company's registered office from Office No. 427, Rangoli Forum Mall, Belur, Howrah to 41/A Tara Chand Dutta Street, 2nd Floor, Kolkata-700073, effective June 01, 2026. The board meeting was held on June 01, 2026, commencing at 04:00 P.M. and concluding at 4:30 P.M.

Shree Securities Limited announced that its Board of Directors, in a meeting held on May 28, 2026 (rescheduled from May 21, 2026), considered and approved the Audited Standalone Financial Results and Statements for the quarter and financial year ended March 31, 2026. The company's statutory auditors, RK KANKARIA & CO INDIA, issued an unmodified opinion on these financial results. An 'Emphasis of Matter' note in the auditor's report highlighted that the company has advanced unsecured loans totaling ₹3,15,00,000/- to two parties at a concessional interest rate of 4% per annum, which is lower than the prevailing bank rate. The Board meeting concluded at 06:00 P.M. on May 28, 2026.

Shree Securities Limited's Board of Directors met on May 28, 2026, after rescheduling from May 21, 2026, due to delays in finalizing financial results. The Board approved the Audited Standalone Financial Results for the quarter and financial year ended March 31, 2026. The Statutory Auditors issued an unmodified opinion on these results. The Auditor's Report included an 'Emphasis of Matter' note concerning unsecured loans totaling ₹3,15,00,000/- advanced to two parties at a concessional interest rate of 4% p.a., which is below the prevailing bank rate.