Elixir Capital Ltd (531278)

At its 32nd Annual General Meeting held on August 25, 2026, Elixir Capital Limited approved the appointment of M/s. M. Parashar & Co., Chartered Accountants, as the company's new statutory auditors. The appointment spans a 5-year tenure from the conclusion of the 32nd AGM until the 37th AGM. Outgoing auditor M/s. JMT & Associates stepped down following the completion of their statutory term. The change is a standard statutory compliance and rotation process under company law.

• Appointment approved at the 32nd AGM held on August 25, 2026
• M/s. M. Parashar & Co. appointed for a term spanning from the 32nd AGM till the 37th AGM
• Outgoing statutory auditors M/s. JMT & Associates completed their prescribed term
• Appointed audit firm M/s. M. Parashar & Co. was established in 1987 with 8 partners and ICAI peer review valid till May 2027

Elixir Capital Ltd has scheduled a board meeting on August 13, 2026, to approve its standalone and consolidated unaudited financial results for the quarter ended June 30, 2026. This announcement follows a challenging March 2026 quarter where the company reported a net loss of ₹7.34 cr. Investors will be looking for signs of recovery as TTM PAT stands at ₹4 cr, a significant decline from the ₹12.65 cr reported in FY25. The trading window for company securities has been closed since July 1, 2026.

• Board meeting scheduled for August 13, 2026, to approve Q1 FY27 results
• Trading window closed from July 1, 2026, until 48 hours after result declaration
• Company reported a significant net loss of ₹7.34 cr in the previous quarter (March 2026)
• TTM Revenue of ₹34 cr is relatively small compared to the ₹88 cr market capitalization
• Promoter holding remains stable at 71.18% as of June 2026

Elixir Capital has scheduled its 32nd Annual General Meeting (AGM) for August 25, 2026, to approve a dividend of Rs 1.25 per share (12.5% on face value). The company has fixed August 18, 2026, as the record date for dividend eligibility, representing a yield of approximately 1.05% at the current price. Key agenda items include the appointment of M/s. M. Parashar & Co. as new statutory auditors for a 5-year term and the re-appointment of Mrs. Radhika Mehta as Whole Time Director for five years. This comes after a fiscal year (FY26) where net profit declined to Rs 4.1 cr from Rs 12.65 cr in FY25.

• Dividend of Rs 1.25 per equity share (12.5%) recommended for the financial year ended March 31, 2026.
• Record date for dividend eligibility set for August 18, 2026.
• Proposed appointment of M/s. M. Parashar & Co. as Statutory Auditors for a 5-year term until the 37th AGM.
• Re-appointment of Mrs. Radhika Mehta as Whole Time Director for a 5-year term starting August 14, 2026.
• AGM to be held on August 25, 2026, at 10:00 AM via Video Conferencing.

Elixir Capital has released its FY26 Annual Report and scheduled its 32nd AGM for August 25, 2026. The company recommended a dividend of Rs 1.25 per share (12.5%), totaling Rs 72.50 lakhs, which is approximately 18% of its TTM PAT. The report highlights a significant 70.51% year-on-year decline in Return on Equity (ROE) and a 67.43% drop in Net Profit Ratio, primarily attributed to adverse market conditions affecting stock valuations. Additionally, the company is proposing a change in statutory auditors to M/s. M. Parashar & Co. for a five-year term.

• Recommended dividend of Rs 1.25 per equity share (12.5%) for the financial year ended March 31, 2026.
• Total dividend payout estimated at Rs 72.50 lakhs, representing 18.1% of TTM PAT.
• Return on Equity (ROE) plummeted by 70.51% YoY, falling from 0.24 to 0.07.
• Net Profit Ratio declined by 67.43% due to sharp drops in stock valuations from market conditions.
• Proposed appointment of M/s. M. Parashar & Co. as Statutory Auditors, replacing M/s. JMT & Associates.