Ratnakar Securities Limited has scheduled its 34th AGM for September 29, 2026. Shareholders will vote on raising NRI/OCI investment limits to 24% and revising executive pay. The company is actively working to restore trading permission following its recent merger and ongoing BSE suspension.
Ratnakar Securities AGM: NRI Limit Hike and Executive Pay Revisions Planned
Standalone Net Profit: Rs 166.82 lakh (FY26) vs Rs 268.87 lakh (FY25); Total Revenue: Rs 1,793.18 lakh (FY26).
Reader Takeaway: AGM focuses on strategic investment limits; liquidity remains constrained by the ongoing BSE trading suspension.
What just happened
Ratnakar Securities Limited has formally scheduled its 34th Annual General Meeting (AGM) for September 29, 2026. The board has proposed several major agenda items for shareholder approval, including increasing the aggregate NRI/OCI investment limit from 10% to 24% of paid-up equity. Additionally, the company seeks to revise the monthly remuneration for Managing Director Mr. Ajay Shah and Whole-Time Director Mr. Kushal Shah, effective April 2026.
Why this matters
The AGM acts as a pivotal moment for shareholders as the company navigates a transition phase. Following a merger with Ratnakar Securities Private Limited, the firm is working to stabilize operations. Shareholders are being asked to authorize higher foreign investment thresholds, which could influence the company's capital structure and future fundraising capabilities.
Business and Operational Update
Ratnakar Securities is currently managing the aftermath of its recent merger. A key concern for the investor base is the current suspension of shares on the BSE. While the company received listing approval on June 16, 2026, it remains in active discussions with the exchange to secure formal trading permission. Without this, shareholder liquidity remains effectively locked.
Risks to watch
Investors should closely track the status of the BSE trading suspension, as this remains the primary barrier to market participation and liquidity. Furthermore, the financial performance shows a dip, with standalone net profit falling to Rs 166.82 lakh in FY26 compared to Rs 268.87 lakh in the previous fiscal year. Any delays in resolving the suspension or failure to meet compliance requirements pose significant risks to the stock's future accessibility.