Inventure Growth & Securities logo

Inventure Growth & Securities MD, chairman, board of directors and AGM

NSE: INVENTUREBSE: 533506Capital MarketsSmall Cap

Last close ₹0.76down ₹0.01 (1.30%)BSE ₹0.77

Share price at the NSE close on 23 Oct 2026. Previous close ₹0.77.

52-week range of traded prices to 23 Oct 2026
₹0.72Low, 20 Aug 2026₹1.50High, 23 Oct 2025
Market cap
₹80 Cr2,854th largest listed
P/E
25.3
P/E without one-offs
31.3
P/B
0.3
Dividend yield
Nonein the last 12 months
ROE
1.1%
ROE without one-offs
0.9%
ROCE
1.4%
Debt to equity
0.13
Volume, NSE
11,64,58758.0% delivered

Inventure Growth & Securities board of directors

At the end of the quarter to Sep 2026, as the company filed it; changes since are in its announcements.Their trades in its shares

  • Chairperson and managing directorKanji Bachubhai Rita

6 directors3 independent3 executive

  • Kanji Bachubhai Rita · Chairperson and managing directorExecutive · joined Sep 2015 · reappointed Sep 2023 · 1 listed board · 1 committee seat
  • Kamlesh Shankarlal LimbachiyaExecutive · joined Feb 2014 · reappointed Sep 2025 · 1 listed board · 1 committee seat
  • Lasha Meet RitaExecutive · joined Jan 2019 · reappointed Sep 2025 · 1 listed board
  • Surji Damji ChhedaIndependent · joined Oct 2022 · reappointed Oct 2022 · 48 months as independent · 2 listed boards · 1 as independent
  • Rekhchand Ramdayal ThanviIndependent · joined Oct 2022 · reappointed Oct 2022 · 48 months as independent · 1 listed board · 1 as independent · 1 committee seat
  • Pathik Bharat ShahIndependent · joined Jan 2023 · reappointed Mar 2023 · 42 months as independent · 1 listed board · 1 as independent · 2 committee seats

An independent director has no business or family tie to the company, its promoters or its managers beyond the seat. Listed boards counts the boards of listed companies the director sits on, this one included, and "as independent" how many of those seats are independent ones. Committee seats are audit and stakeholder committee seats across those companies. Months as independent is filed for independent directors only, whose terms the rules cap. Disqualified is the company's own mark that a director may not serve under company law.

Committees and meetings

Who sits on each, and how often they met.Board meeting notices and outcomes

  • Board

    • 3 Aug 20266 of 6 present3 independent · 87 days in between
    • 7 May 20266 of 6 present3 independent
  • Audit Committee

    Chair Surji Damji Chheda

    Rekhchand Ramdayal Thanvi, Pathik Bharat Shah, Kanji Bachubhai Rita

    • 3 Aug 20264 of 4 present3 independent · 87 days in between
    • 7 May 20264 of 4 present3 independent
  • Nomination and remuneration committee

    Chair Surji Damji Chheda

    Rekhchand Ramdayal Thanvi, Pathik Bharat Shah

    No meeting listed in the filing.

  • Stakeholders Relationship Committee

    Chair Surji Damji Chheda

    Pathik Bharat Shah, Kamlesh Shankarlal Limbachiya

    No meeting listed in the filing.

  • Corporate Social Responsibility Committee

    Chair Surji Damji Chheda

    Kanji Bachubhai Rita, Kamlesh Shankarlal Limbachiya

    No meeting listed in the filing.

Meetings in the quarter filed and the one before it. The days in between are as the company files them, neither meeting's day counted; the rules allow at most 120. A quorum is the least number of members who must attend for the meeting to decide anything.

Statutory auditor

Named in the results for the quarter to Mar 2026.

  • CGCA & Associates LLPPeer-review certificate valid to Dec 2026

A statutory auditor checks the company's accounts and signs its results. Peer review is the accountants' institute's check of an audit firm's own work, which a listed company's auditor must hold a valid certificate of.

Inventure Growth & Securities AGM and shareholder votes

Each resolution, how the votes went, and how institutions voted apart from the promoters. A postal ballot is a vote by post or online, held without a meeting.Inventure Growth & Securities dividend history

Annual general meeting, 29 Sep 2026

2,92,072 shareholders on the register on 22 Sep 2026; present: 2 promoters and 55 others; votes counted by Dharmesh Zaveri / D. M. Zaveri & Co.The company's voting result (opens in a new tab)

  1. Adoption of Standalone and consolidated Audited Financial Statements for the Financial Year Ended 31st March, 2026, Along with the Reports of the Board of Directors and Auditors thereon
    Ordinary
    100.00% for0.00% against

    Against: promoters 0.00% · other public 0.01%

    Turnout: all 28.35% · promoters 100.00% · other public 2.65%

  2. Re-appointment of Mr. Kanji Bachubhai Rita (DIN: 00727470), who retires by rotation and being eligible, offers himself for re-appointment.
    Ordinary
    100.00% for0.00% against

    Against: promoters 0.00% · other public 0.03%

    Turnout: all 28.35% · promoters 100.00% · other public 2.65%

  3. Re-appointment of Mr. Kanji B. Rita as chairman & Managing Director of the Company
    Special
    100.00% for0.00% against

    Against: promoters 0.00% · other public 0.03%

    Turnout: all 28.35% · promoters 100.00% · other public 2.65%

  4. Re- Appointment of Mr. Surji D. Chheda as Independent Director of the Company
    Special
    100.00% for0.00% against

    Against: promoters 0.00% · other public 0.03%

    Turnout: all 28.35% · promoters 100.00% · other public 2.65%

For and against are per cent of the votes cast. Turnout is the votes cast as a per cent of the shares each group holds. Institutions are funds, insurers, banks and foreign investors. An ordinary resolution passes with more than half the votes cast, a special one with at least three quarters.

Annual general meeting, 29 Sep 2025, 7 resolutions

3,15,684 shareholders on the register on 23 Sep 2025; present: 2 promoters and 65 others; votes counted by Dharmesh Zaveri / D.M. Zaveri & Co..The company's voting result (opens in a new tab)

  1. Adoption of Standalone and Consolidated Audited Financial Statements for the financial year ended 31st March 2025, along with the Reports of the Board of Directors’ and Auditor’s thereon.
    Ordinary
    100.00% for0.00% against

    Against: promoters 0.00% · institutions 0.00% · other public 0.06%

    Turnout: all 28.17% · promoters 100.00% · institutions 0.00% · other public 2.40%

  2. Re-appointment of Mrs. Lasha Meet Rita (DIN: 08104505), who retires by rotation and being eligible, offers herself for re-appointment
    Ordinary
    99.94% for0.06% against

    Against: promoters 0.00% · institutions 0.00% · other public 0.06%

    Turnout: all 1.77% · promoters 0.00% · institutions 0.00% · other public 2.40%

  3. Appointment of Mr. Dharmesh Zaveri , Proprietor, ‘D. M. Zaveri & Co.’, Company Secretaries as Secretarial Auditor of The Company.
    Ordinary
    100.00% for0.00% against

    Against: promoters 0.00% · institutions 0.00% · other public 0.06%

    Turnout: all 28.17% · promoters 100.00% · institutions 0.00% · other public 2.40%

  4. Re-appointment of Mr. Kamlesh S. Limbachiya as Whole Time Director of The Company.
    Special
    100.00% for0.00% against

    Against: promoters 0.00% · institutions 0.00% · other public 0.06%

    Turnout: all 28.17% · promoters 100.00% · institutions 0.00% · other public 2.40%

  5. Re-appointment of Mrs. Lasha Meet Rita as Whole Time Director of The Company.
    Special
    99.94% for0.06% against

    Against: promoters 0.00% · institutions 0.00% · other public 0.06%

    Turnout: all 1.77% · promoters 0.00% · institutions 0.00% · other public 2.40%

  6. Approval to Advance any Loan/Give Guarantee/Provide Security to any Director under Section 185 of The Companies Act, 2013.
    Special
    100.00% for0.00% against

    Against: promoters 0.00% · institutions 0.00% · other public 0.07%

    Turnout: all 28.16% · promoters 99.95% · institutions 0.00% · other public 2.40%

  7. Variation in terms of objects of The issue as Approved in Letter of Offer of Right Issue
    SpecialPromoters have an interest in it
    99.94% for0.06% against

    Against: promoters 0.00% · institutions 0.00% · other public 0.06%

    Turnout: all 1.77% · promoters 0.00% · institutions 0.00% · other public 2.40%

For and against are per cent of the votes cast. Turnout is the votes cast as a per cent of the shares each group holds. Institutions are funds, insurers, banks and foreign investors. An ordinary resolution passes with more than half the votes cast, a special one with at least three quarters.

Postal ballot, 9 Nov 2024, 1 resolution

The company's voting result (opens in a new tab)

  1. Variation in Terms of Objects of the Issue as Approved in Letter of offer of Right Issue.
    SpecialPromoters have an interest in it
    90.87% for9.13% against

    Against: promoters 0.00% · institutions 100.00% · other public 0.19%

    Turnout: all 1.57% · promoters 0.00% · institutions 100.00% · other public 1.95%

For and against are per cent of the votes cast. Turnout is the votes cast as a per cent of the shares each group holds. Institutions are funds, insurers, banks and foreign investors. An ordinary resolution passes with more than half the votes cast, a special one with at least three quarters.

Annual general meeting, 30 Sep 2024, 6 resolutions

Present: 2 promoters and 53 others.The company's voting result (opens in a new tab)

  1. 1 - To consider and adopt (a) the Audited Financial Statement of the Company for the financial year ended 31st March,2024 and Auditors thereon and (b) the Audited Consolidated Financial Statement of the Company for the financial year ended 31st March,2024 and the report of the Auditors.MoreLess
    Ordinary
    99.47% for0.53% against

    Against: promoters 0.00% · institutions 100.00% · other public 0.04%

    Turnout: all 26.75% · promoters 100.00% · institutions 94.93% · other public 0.29%

  2. Re-appointment of Mr. Kamlesh S. Limbachiya (DIN: 02774663), who retires by rotation and being eligible, offers himself for re-appointment.
    Ordinary
    100.00% for0.00% against

    Against: promoters 0.00% · institutions 0.00% · other public 0.04%

    Turnout: all 26.75% · promoters 100.00% · institutions 94.93% · other public 0.29%

  3. Appointment of Statutory auditor to fill casual vacancy and to appoint Statutory Auditor from the conclusion of ensuring twenty-nine (29th) Annual General Meeting until the conclusion of the thirty fourth (34th) Annual General Meeting and to fix their remuneration.MoreLess
    Ordinary
    100.00% for0.00% against

    Against: promoters 0.00% · institutions 0.00% · other public 0.04%

    Turnout: all 26.75% · promoters 100.00% · institutions 94.93% · other public 0.29%

  4. Approval of material related party transaction(s) with entity for the benefit of related party (ies)
    OrdinaryPromoters have an interest in it
    60.37% for39.63% against

    Against: promoters 0.00% · institutions 100.00% · other public 0.05%

    Turnout: all 0.35% · promoters 0.00% · institutions 94.93% · other public 0.29%

  5. Approval of Material Related Party Transaction
    OrdinaryPromoters have an interest in it
    54.77% for45.23% against

    Against: promoters 0.00% · institutions 100.00% · other public 0.06%

    Turnout: all 0.31% · promoters 0.00% · institutions 94.93% · other public 0.23%

  6. Approval of change in object of issue as approved in Letter of offer of Right Issue.
    OrdinaryPromoters have an interest in it
    54.78% for45.22% against

    Against: promoters 0.00% · institutions 100.00% · other public 0.06%

    Turnout: all 0.31% · promoters 0.00% · institutions 94.93% · other public 0.23%

For and against are per cent of the votes cast. Turnout is the votes cast as a per cent of the shares each group holds. Institutions are funds, insurers, banks and foreign investors. An ordinary resolution passes with more than half the votes cast, a special one with at least three quarters.

Annual general meeting, 25 Sep 2023, 4 resolutions

Present: 2 promoters and 106 others.The company's voting result (opens in a new tab)

  1. Adoption of Standalone and Consolidated Audited Financial Statements for the financial year ended 31 March 2023, along with the Reports of the Board of Directors’ and Auditor’s thereon.
    Ordinary
    100.00% for0.00% against

    Against: promoters 0.00% · institutions 0.00% · other public 0.00%

    Turnout: all 26.80% · promoters 100.00% · institutions 0.00% · other public 0.55%

  2. Re-appointment of Mr. Kanji Rita (DIN: 00727470), who retires by rotation and being eligible, offers himself for re-appointment.
    Ordinary
    100.00% for0.00% against

    Against: promoters 0.00% · institutions 0.00% · other public 0.01%

    Turnout: all 26.80% · promoters 100.00% · institutions 0.00% · other public 0.55%

  3. Re-appointment of Mr. Kanji B. Rita as Chairman & Managing Director of the Company w.e.f. 13 August 2024.
    Special
    99.99% for0.01% against

    Against: promoters 0.00% · institutions 0.00% · other public 0.01%

    Turnout: all 0.40% · promoters 0.00% · institutions 0.00% · other public 0.55%

  4. Approval of Material Related Party Transaction.
    OrdinaryPromoters have an interest in it
    99.97% for0.03% against

    Against: promoters 0.00% · institutions 0.00% · other public 0.03%

    Turnout: all 0.40% · promoters 0.00% · institutions 0.00% · other public 0.55%

For and against are per cent of the votes cast. Turnout is the votes cast as a per cent of the shares each group holds. Institutions are funds, insurers, banks and foreign investors. An ordinary resolution passes with more than half the votes cast, a special one with at least three quarters.

Postal ballot, 22 Mar 2023, 5 resolutions

The company's voting result (opens in a new tab)

  1. Resolution 1: Re‐appointment of Mrs. Lasha M. Rita (DIN: 08104505) as Whole‐Time Director of the Company for a period of 3 (Three) Years.
    Special
    99.81% for0.19% against

    Against: promoters 0.00% · institutions 0.00% · other public 17.19%

    Turnout: all 26.70% · promoters 100.00% · institutions 0.00% · other public 0.41%

  2. Resolution 2: Re‐appointment of Mr. Kamlesh S. Limbachiya (DIN: 02774663) as Whole‐time Director of the Company for a period of 3(Three) Years.
    Special
    99.81% for0.19% against

    Against: promoters 0.00% · institutions 0.00% · other public 17.15%

    Turnout: all 26.70% · promoters 100.00% · institutions 0.00% · other public 0.41%

  3. Resolution 3: Appointment of Mr. Pathik Bharat Shah (DIN: 03593855) as Non‐Executive Independent Director of the Company for a period of 5 Years.
    Special
    99.81% for0.19% against

    Against: promoters 0.00% · institutions 0.00% · other public 17.15%

    Turnout: all 26.70% · promoters 100.00% · institutions 0.00% · other public 0.41%

  4. Resolution 4: Consider and approve increase of Authorized Capital of the Company from 100 Crores to 125 Crores.
    Special
    99.86% for0.14% against

    Against: promoters 0.00% · institutions 0.00% · other public 12.42%

    Turnout: all 26.70% · promoters 100.00% · institutions 0.00% · other public 0.41%

  5. Resolution 5: Approval of Material Related Party Transaction.
    OrdinaryPromoters have an interest in it
    83.32% for16.68% against

    Against: promoters 0.00% · institutions 0.00% · other public 16.68%

    Turnout: all 0.30% · promoters 0.00% · institutions 0.00% · other public 0.41%

For and against are per cent of the votes cast. Turnout is the votes cast as a per cent of the shares each group holds. Institutions are funds, insurers, banks and foreign investors. An ordinary resolution passes with more than half the votes cast, a special one with at least three quarters.

Postal ballot, 30 Dec 2022, 2 resolutions

The company's voting result (opens in a new tab)

  1. Appointment of Mr. Suresh Damji Chheda as Non-Executive Independent Director of the Company for a period of 5(Five) Years w.e.f 1st October 2022.
    Special
    100.00% for0.00% against

    Against: promoters 0.00% · institutions 0.00% · other public 0.04%

    Turnout: all 27.36% · promoters 99.95% · institutions 0.00% · other public 1.32%

  2. Appointment of Mr. Rekhchand Ramdayal Thanvi as Non-Executive Independent Director of the Company for a period of 5(Five) Years w.e.f 1st October 2022.
    Special
    100.00% for0.00% against

    Against: promoters 0.00% · institutions 0.00% · other public 0.02%

    Turnout: all 27.36% · promoters 99.95% · institutions 0.00% · other public 1.32%

For and against are per cent of the votes cast. Turnout is the votes cast as a per cent of the shares each group holds. Institutions are funds, insurers, banks and foreign investors. An ordinary resolution passes with more than half the votes cast, a special one with at least three quarters.

Annual general meeting, 30 Sep 2022, 2 resolutions

Present: 41 promoters and 2 others.The company's voting result (opens in a new tab)

  1. Adoption of Standalone & Consolidated Audited Financial Statements for the Financial Year ended 31st March 2022, alongwith the reports of the Board of Director's and Auditor's thereon.
    Ordinary
    100.00% for0.00% against

    Against: promoters 0.00% · institutions 0.00% · other public 0.01%

    Turnout: all 29.15% · promoters 100.00% · institutions 0.00% · other public 3.73%

  2. Reappointment of Mrs. Lasha Meet Rita (DIN: 08104505), who retires by rotation and being eligible, offers herself for reappointment
    Ordinary
    100.00% for0.00% against

    Against: promoters 0.00% · institutions 0.00% · other public 0.02%

    Turnout: all 29.15% · promoters 100.00% · institutions 0.00% · other public 3.73%

For and against are per cent of the votes cast. Turnout is the votes cast as a per cent of the shares each group holds. Institutions are funds, insurers, banks and foreign investors. An ordinary resolution passes with more than half the votes cast, a special one with at least three quarters.

Fines and tax disputes

Reported in the filing for the quarter to Sep 2026.

  • Fine or penaltyNational Stock Exchange LimitedSince 30 Sep 2026

    Penalty

    Not updated the Client Status as closed in UCC database of the Exchange in case of all 14 instances (12 unique clients) as on March 30, 2026
  • Fine or penaltyNational Stock Exchange LimitedSince 19 Aug 2026

    Penalty

    Client code modification penalty for month of June 26
  • Fine or penaltyNational Stock Exchange LimitedSince 20 Jul 2026

    Penalty

    Penalty for non-participation in the scrip by the Market Maker in SME Segment for month of June 26
  • Fine or penaltyNational Stock Exchange LimitedSince 23 Jul 2026

    Penalty

    Penalty levied on 20/07/26 for non-participation in the scrip by the Market Maker in SME Segment for month of November & December 25
  • Fine or penaltyNational Stock Exchange LimitedSince 19 Aug 2026

    Penalty

    Penalty for non-participation in the scrip by the Market Maker in SME Segment for month of July 26
  • Fine or penaltyNational Stock Exchange LimitedSince 16 Jun 2026

    Penalty

    Penalty for non-participation in the scrip by the Market Maker in SME Segment for month of May 26
  • Fine or penaltyNational Stock Exchange LimitedSince 19 Aug 2026

    Penalty

    Repeat Penalty for non-participation in the scrip by the Market Maker in SME Segment for the month of Feb 25, Mar 25, April 25 & May 25.
  • Tax disputeIncome TaxSince 31 Mar 2021
    Order awaited
5 more
  • Tax disputeIncome TaxSince 23 Mar 2024
    Order awaited
  • Tax disputeIncome TaxSince 25 Mar 2025
    A detailed response has been submitted to the notices received under Sections 143(2) and 142(1) of the Income Tax Act, 1961.
    At the filing before: Notice u/s 143(2) and 142(1) of the Income Tax Act,1961 have been received.
  • Tax disputeIncome TaxSince 15 Dec 2025
    Order Giving Effect u/s 250 has been passed.Demand of ₹1,38,55,757 raised, with ₹65,02,030 refund adjusted against A.Y. 2006–07 and 2009–10; interest under Section 244A appears to be erroneously computed.MoreLess
    At the filing before: Hearing on 18.02.2025
  • Tax disputeIncome TaxSince 16 Jul 2026
    Writ Petition in the Hon'ble High Court of Bombay challenging the wrongful adjustment of non-existing demand for AY 2011-12 & AY 2009-10 against refund for subsequent AY 2025-2026
  • Tax disputeIncome TaxSince 15 Dec 2025
    Completed
    At the filing before: Order dated 29.06.2026

In the company's own words, from its latest governance filing.

Investor complaints and compliance

Quarter by quarter.

Investor complaints received and resolved, the company's own count

  • Received
  • Resolved

Open at the quarter's end

None open at any quarter's end.
The board is made up as the listing rules require
Yes
The board has a regular chairperson
Yes
The company has a risk management committee
No
The chair is related to the managing director
Yes
The filing has a part on fines and penalties
Yes
The filing has a part on tax disputes
Yes
There was a cyber security incident in the quarter
No

The company's own answers in its filing.

How money raised was used

Reported for the quarter to Jun 2026. A warrant or partly paid issue plans the whole issue while the money comes in over time, so the amount set aside can be more than raised so far. A statement's amounts are left out where the raise it states is more than ten times everything the company owns, a figure typed at the wrong scale.

RaisedAmount raisedForSet asideSpentSpent elsewhereReason and comments
Rights IssuesJul 2026–Expansion of Arbitrage and Share Trading Business––Yes
Modification vide approval dated 11th November, 2024 '-The property purchased was developed by K R Shoppers and Kothari Builders Private Limited jointly. The Letter of Offer originally stated that the Company intended to purchase the property from K R Shoppers. Subsequently, it came to the knowledge of the Company that the property was jointly owned by K R Shoppers and Kothari Builders. Accordingly, modification in terms was sought from the shareholders. Modification vide approval dated 29th September, 2025 -The company did not wish to invest in New Edge Proprietary Technology and Software and the unutilised amount from Acquisition of Office Premises and Issue Expense could not be fully utilised. The Board considered it prudent to re-classify the Unutilized Amount towards various objects stated above for optimum utilization of Right Proceeds and maximize the return on investment for members of the Company and ensuring future growth of the Company. Accordingly, modification in terms was sought from the shareholders.MoreLess
Rights IssuesJul 2026–- Acquisition of office premise––Yes
Modification vide approval dated 11th November, 2024 '-The property purchased was developed by K R Shoppers and Kothari Builders Private Limited jointly. The Letter of Offer originally stated that the Company intended to purchase the property from K R Shoppers. Subsequently, it came to the knowledge of the Company that the property was jointly owned by K R Shoppers and Kothari Builders. Accordingly, modification in terms was sought from the shareholders. Modification vide approval dated 29th September, 2025 -The company did not wish to invest in New Edge Proprietary Technology and Software and the unutilised amount from Acquisition of Office Premises and Issue Expense could not be fully utilised. The Board considered it prudent to re-classify the Unutilized Amount towards various objects stated above for optimum utilization of Right Proceeds and maximize the return on investment for members of the Company and ensuring future growth of the Company. Accordingly, modification in terms was sought from the shareholders.MoreLess
Rights IssuesJul 2026–- Acquisition of office premise––Yes
Modification vide approval dated 11th November, 2024 '-The property purchased was developed by K R Shoppers and Kothari Builders Private Limited jointly. The Letter of Offer originally stated that the Company intended to purchase the property from K R Shoppers. Subsequently, it came to the knowledge of the Company that the property was jointly owned by K R Shoppers and Kothari Builders. Accordingly, modification in terms was sought from the shareholders. Modification vide approval dated 29th September, 2025 -The company did not wish to invest in New Edge Proprietary Technology and Software and the unutilised amount from Acquisition of Office Premises and Issue Expense could not be fully utilised. The Board considered it prudent to re-classify the Unutilized Amount towards various objects stated above for optimum utilization of Right Proceeds and maximize the return on investment for members of the Company and ensuring future growth of the Company. Accordingly, modification in terms was sought from the shareholders.MoreLess
Rights IssuesJul 2026–- Furniture & Fixtures––Yes
Modification vide approval dated 11th November, 2024 '-The property purchased was developed by K R Shoppers and Kothari Builders Private Limited jointly. The Letter of Offer originally stated that the Company intended to purchase the property from K R Shoppers. Subsequently, it came to the knowledge of the Company that the property was jointly owned by K R Shoppers and Kothari Builders. Accordingly, modification in terms was sought from the shareholders. Modification vide approval dated 29th September, 2025 -The company did not wish to invest in New Edge Proprietary Technology and Software and the unutilised amount from Acquisition of Office Premises and Issue Expense could not be fully utilised. The Board considered it prudent to re-classify the Unutilized Amount towards various objects stated above for optimum utilization of Right Proceeds and maximize the return on investment for members of the Company and ensuring future growth of the Company. Accordingly, modification in terms was sought from the shareholders.MoreLess
Rights IssuesJul 2026–- Computer Hardwares & Softwares––Yes
Modification vide approval dated 11th November, 2024 '-The property purchased was developed by K R Shoppers and Kothari Builders Private Limited jointly. The Letter of Offer originally stated that the Company intended to purchase the property from K R Shoppers. Subsequently, it came to the knowledge of the Company that the property was jointly owned by K R Shoppers and Kothari Builders. Accordingly, modification in terms was sought from the shareholders. Modification vide approval dated 29th September, 2025 -The company did not wish to invest in New Edge Proprietary Technology and Software and the unutilised amount from Acquisition of Office Premises and Issue Expense could not be fully utilised. The Board considered it prudent to re-classify the Unutilized Amount towards various objects stated above for optimum utilization of Right Proceeds and maximize the return on investment for members of the Company and ensuring future growth of the Company. Accordingly, modification in terms was sought from the shareholders.MoreLess
Rights IssuesJul 2026–2. Working Capital for Expansion of Arbitrage and Share Trading Business––Yes
Modification vide approval dated 11th November, 2024 '-The property purchased was developed by K R Shoppers and Kothari Builders Private Limited jointly. The Letter of Offer originally stated that the Company intended to purchase the property from K R Shoppers. Subsequently, it came to the knowledge of the Company that the property was jointly owned by K R Shoppers and Kothari Builders. Accordingly, modification in terms was sought from the shareholders. Modification vide approval dated 29th September, 2025 -The company did not wish to invest in New Edge Proprietary Technology and Software and the unutilised amount from Acquisition of Office Premises and Issue Expense could not be fully utilised. The Board considered it prudent to re-classify the Unutilized Amount towards various objects stated above for optimum utilization of Right Proceeds and maximize the return on investment for members of the Company and ensuring future growth of the Company. Accordingly, modification in terms was sought from the shareholders.MoreLess
Rights IssuesJul 2026–- Additional working capital to invest in stock in trade of shares and securities––Yes
Modification vide approval dated 11th November, 2024 '-The property purchased was developed by K R Shoppers and Kothari Builders Private Limited jointly. The Letter of Offer originally stated that the Company intended to purchase the property from K R Shoppers. Subsequently, it came to the knowledge of the Company that the property was jointly owned by K R Shoppers and Kothari Builders. Accordingly, modification in terms was sought from the shareholders. Modification vide approval dated 29th September, 2025 -The company did not wish to invest in New Edge Proprietary Technology and Software and the unutilised amount from Acquisition of Office Premises and Issue Expense could not be fully utilised. The Board considered it prudent to re-classify the Unutilized Amount towards various objects stated above for optimum utilization of Right Proceeds and maximize the return on investment for members of the Company and ensuring future growth of the Company. Accordingly, modification in terms was sought from the shareholders.MoreLess
Rights IssuesJul 2026–- Incremental Margin requirement for F&O and other derivatives product––Yes
Modification vide approval dated 11th November, 2024 '-The property purchased was developed by K R Shoppers and Kothari Builders Private Limited jointly. The Letter of Offer originally stated that the Company intended to purchase the property from K R Shoppers. Subsequently, it came to the knowledge of the Company that the property was jointly owned by K R Shoppers and Kothari Builders. Accordingly, modification in terms was sought from the shareholders. Modification vide approval dated 29th September, 2025 -The company did not wish to invest in New Edge Proprietary Technology and Software and the unutilised amount from Acquisition of Office Premises and Issue Expense could not be fully utilised. The Board considered it prudent to re-classify the Unutilized Amount towards various objects stated above for optimum utilization of Right Proceeds and maximize the return on investment for members of the Company and ensuring future growth of the Company. Accordingly, modification in terms was sought from the shareholders.MoreLess
Rights IssuesJul 2026–3. Expansion of Margin Trading Facility (MTF)––Yes
Modification vide approval dated 11th November, 2024 '-The property purchased was developed by K R Shoppers and Kothari Builders Private Limited jointly. The Letter of Offer originally stated that the Company intended to purchase the property from K R Shoppers. Subsequently, it came to the knowledge of the Company that the property was jointly owned by K R Shoppers and Kothari Builders. Accordingly, modification in terms was sought from the shareholders. Modification vide approval dated 29th September, 2025 -The company did not wish to invest in New Edge Proprietary Technology and Software and the unutilised amount from Acquisition of Office Premises and Issue Expense could not be fully utilised. The Board considered it prudent to re-classify the Unutilized Amount towards various objects stated above for optimum utilization of Right Proceeds and maximize the return on investment for members of the Company and ensuring future growth of the Company. Accordingly, modification in terms was sought from the shareholders.MoreLess
Rights IssuesJul 2026–4. Investing in the new edge proprietary technology and software.––Yes
Modification vide approval dated 11th November, 2024 '-The property purchased was developed by K R Shoppers and Kothari Builders Private Limited jointly. The Letter of Offer originally stated that the Company intended to purchase the property from K R Shoppers. Subsequently, it came to the knowledge of the Company that the property was jointly owned by K R Shoppers and Kothari Builders. Accordingly, modification in terms was sought from the shareholders. Modification vide approval dated 29th September, 2025 -The company did not wish to invest in New Edge Proprietary Technology and Software and the unutilised amount from Acquisition of Office Premises and Issue Expense could not be fully utilised. The Board considered it prudent to re-classify the Unutilized Amount towards various objects stated above for optimum utilization of Right Proceeds and maximize the return on investment for members of the Company and ensuring future growth of the Company. Accordingly, modification in terms was sought from the shareholders.MoreLess
Rights IssuesJul 2026–- New Edge Back Office Software––Yes
Modification vide approval dated 11th November, 2024 '-The property purchased was developed by K R Shoppers and Kothari Builders Private Limited jointly. The Letter of Offer originally stated that the Company intended to purchase the property from K R Shoppers. Subsequently, it came to the knowledge of the Company that the property was jointly owned by K R Shoppers and Kothari Builders. Accordingly, modification in terms was sought from the shareholders. Modification vide approval dated 29th September, 2025 -The company did not wish to invest in New Edge Proprietary Technology and Software and the unutilised amount from Acquisition of Office Premises and Issue Expense could not be fully utilised. The Board considered it prudent to re-classify the Unutilized Amount towards various objects stated above for optimum utilization of Right Proceeds and maximize the return on investment for members of the Company and ensuring future growth of the Company. Accordingly, modification in terms was sought from the shareholders.MoreLess
Rights IssuesJul 2026–- New Edge Back Office Software––Yes
Modification vide approval dated 11th November, 2024 '-The property purchased was developed by K R Shoppers and Kothari Builders Private Limited jointly. The Letter of Offer originally stated that the Company intended to purchase the property from K R Shoppers. Subsequently, it came to the knowledge of the Company that the property was jointly owned by K R Shoppers and Kothari Builders. Accordingly, modification in terms was sought from the shareholders. Modification vide approval dated 29th September, 2025 -The company did not wish to invest in New Edge Proprietary Technology and Software and the unutilised amount from Acquisition of Office Premises and Issue Expense could not be fully utilised. The Board considered it prudent to re-classify the Unutilized Amount towards various objects stated above for optimum utilization of Right Proceeds and maximize the return on investment for members of the Company and ensuring future growth of the Company. Accordingly, modification in terms was sought from the shareholders.MoreLess
Rights IssuesJul 2026–- Risk Management Software––Yes
Modification vide approval dated 11th November, 2024 '-The property purchased was developed by K R Shoppers and Kothari Builders Private Limited jointly. The Letter of Offer originally stated that the Company intended to purchase the property from K R Shoppers. Subsequently, it came to the knowledge of the Company that the property was jointly owned by K R Shoppers and Kothari Builders. Accordingly, modification in terms was sought from the shareholders. Modification vide approval dated 29th September, 2025 -The company did not wish to invest in New Edge Proprietary Technology and Software and the unutilised amount from Acquisition of Office Premises and Issue Expense could not be fully utilised. The Board considered it prudent to re-classify the Unutilized Amount towards various objects stated above for optimum utilization of Right Proceeds and maximize the return on investment for members of the Company and ensuring future growth of the Company. Accordingly, modification in terms was sought from the shareholders.MoreLess
Rights IssuesJul 2026–- Algo Trading Software––Yes
Modification vide approval dated 11th November, 2024 '-The property purchased was developed by K R Shoppers and Kothari Builders Private Limited jointly. The Letter of Offer originally stated that the Company intended to purchase the property from K R Shoppers. Subsequently, it came to the knowledge of the Company that the property was jointly owned by K R Shoppers and Kothari Builders. Accordingly, modification in terms was sought from the shareholders. Modification vide approval dated 29th September, 2025 -The company did not wish to invest in New Edge Proprietary Technology and Software and the unutilised amount from Acquisition of Office Premises and Issue Expense could not be fully utilised. The Board considered it prudent to re-classify the Unutilized Amount towards various objects stated above for optimum utilization of Right Proceeds and maximize the return on investment for members of the Company and ensuring future growth of the Company. Accordingly, modification in terms was sought from the shareholders.MoreLess
Rights IssuesJul 2026–- Additional Hardware for above software––Yes
Modification vide approval dated 11th November, 2024 '-The property purchased was developed by K R Shoppers and Kothari Builders Private Limited jointly. The Letter of Offer originally stated that the Company intended to purchase the property from K R Shoppers. Subsequently, it came to the knowledge of the Company that the property was jointly owned by K R Shoppers and Kothari Builders. Accordingly, modification in terms was sought from the shareholders. Modification vide approval dated 29th September, 2025 -The company did not wish to invest in New Edge Proprietary Technology and Software and the unutilised amount from Acquisition of Office Premises and Issue Expense could not be fully utilised. The Board considered it prudent to re-classify the Unutilized Amount towards various objects stated above for optimum utilization of Right Proceeds and maximize the return on investment for members of the Company and ensuring future growth of the Company. Accordingly, modification in terms was sought from the shareholders.MoreLess
Rights IssuesJul 2026–- Additional Hardware for above software––Yes
Modification vide approval dated 11th November, 2024 '-The property purchased was developed by K R Shoppers and Kothari Builders Private Limited jointly. The Letter of Offer originally stated that the Company intended to purchase the property from K R Shoppers. Subsequently, it came to the knowledge of the Company that the property was jointly owned by K R Shoppers and Kothari Builders. Accordingly, modification in terms was sought from the shareholders. Modification vide approval dated 29th September, 2025 -The company did not wish to invest in New Edge Proprietary Technology and Software and the unutilised amount from Acquisition of Office Premises and Issue Expense could not be fully utilised. The Board considered it prudent to re-classify the Unutilized Amount towards various objects stated above for optimum utilization of Right Proceeds and maximize the return on investment for members of the Company and ensuring future growth of the Company. Accordingly, modification in terms was sought from the shareholders.MoreLess
Rights IssuesJul 2026–- Additional expenses on recurring maintenance and Research and Development of software––Yes
Modification vide approval dated 11th November, 2024 '-The property purchased was developed by K R Shoppers and Kothari Builders Private Limited jointly. The Letter of Offer originally stated that the Company intended to purchase the property from K R Shoppers. Subsequently, it came to the knowledge of the Company that the property was jointly owned by K R Shoppers and Kothari Builders. Accordingly, modification in terms was sought from the shareholders. Modification vide approval dated 29th September, 2025 -The company did not wish to invest in New Edge Proprietary Technology and Software and the unutilised amount from Acquisition of Office Premises and Issue Expense could not be fully utilised. The Board considered it prudent to re-classify the Unutilized Amount towards various objects stated above for optimum utilization of Right Proceeds and maximize the return on investment for members of the Company and ensuring future growth of the Company. Accordingly, modification in terms was sought from the shareholders.MoreLess
Rights IssuesJul 2026–5. Rights Issue Expense––Yes
Modification vide approval dated 11th November, 2024 '-The property purchased was developed by K R Shoppers and Kothari Builders Private Limited jointly. The Letter of Offer originally stated that the Company intended to purchase the property from K R Shoppers. Subsequently, it came to the knowledge of the Company that the property was jointly owned by K R Shoppers and Kothari Builders. Accordingly, modification in terms was sought from the shareholders. Modification vide approval dated 29th September, 2025 -The company did not wish to invest in New Edge Proprietary Technology and Software and the unutilised amount from Acquisition of Office Premises and Issue Expense could not be fully utilised. The Board considered it prudent to re-classify the Unutilized Amount towards various objects stated above for optimum utilization of Right Proceeds and maximize the return on investment for members of the Company and ensuring future growth of the Company. Accordingly, modification in terms was sought from the shareholders.MoreLess
₹ crore. Checked by is the agency appointed to monitor how the money is used. The reason and the comments are the company's, its audit committee's and its auditors' own words.