New Markets Advisory Ltd (508867) — FY26 Annual Report | 1 September 2026(2 announcements)

New Markets Avenue Limited (formerly New Markets Advisory Limited) held its 44th Annual General Meeting on 29 September 2026 in Mumbai. Shareholders approved the audited financial statements for FY2025-26, reappointed Whole-Time Director Kishore Kanhiyalal Jain, appointed Himanshu Khatri as Independent Director, and appointed Ramesh Chandra Bagdi & Associates as Secretarial Auditors for five years. The company reported a net loss of ₹31.75 lakhs for FY2025-26, with no dividend recommended. Authorized share capital was increased to ₹15 crores, and borrowing limits under Sections 180 and 186 were enhanced to ₹50 crores. The board highlighted strategic shifts toward financial advisory, trading, and manufacturing, along with risks from market volatility and regulatory changes.

New Markets Avenue Limited reported a net loss of ₹31.75 crores for FY 2025-26, compared to a profit of ₹1.64 crores in FY 2024-25. The company increased its authorized share capital to ₹15 crores and issued 90 lakh convertible warrants. It appointed Mr. Himanshu Khatri as an Independent Director and reappointed Mr. Kishore Kanhiyalal Jain as Whole-Time Director. The AGM is scheduled for 29 September 2026. No dividend was recommended. The company emphasized strategic shifts toward financial advisory and manufacturing, with enhanced borrowing limits up to ₹50 crores. Key risks include market volatility, regulatory changes, and cybersecurity threats.