Shardul Securities Ltd (SHARDUL) — FY26 Annual Report | 2 September 2026

Shardul Securities Ltd reported a net loss of ₹5,895.42 lakhs for FY2025-26, with no dividend recommended and no statutory reserve transfer due to losses. The annual report highlights a proposed buyback of up to 1.92 million shares at ₹60 per share ([amount not verified] total), approved by the board on August 12, 2026, within the 25% regulatory limit. Promoter holdings stand at 74.85%, with 98.78% of shares dematerialized. The filing details AGM procedures via video conference, SEBI-mandated grievance redressal, and investor portals like 'SWAYAM'. Governance disclosures include board structure, committee compositions, and director remuneration. Financial highlights show total assets of ₹79,127.24 lakhs, borrowings of ₹27,401.68 lakhs, and a cash loss of ₹25.06 crores in the prior year. The company maintains compliance with SEBI, RBI, and Companies Act regulations, with no material litigation or willful defaults. Investor-focused disclosures include shareholding patterns, AGM voting mechanisms, and risk management frameworks.