Submission of Outcome of Board Meeting held on Friday, 29th May, 2026
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DJS Stock & Shares Ltd held its Board Meeting on May 29, 2026 and approved the audited financial results for FY ended March 31, 2026. The company reported Total Income of Rs. 27.87 lakhs, down significantly from Rs. 96.46 lakhs in the previous year (a 71% decline). Revenue from operations fell to Rs. 20 lakhs from Rs. 50 lakhs. Net profit after tax declined to Rs. 2.34 lakhs from Rs. 11.81 lakhs in the prior year. However, cash flow from operations improved substantially to Rs. 394.85 lakhs (positive) from negative Rs. 53.63 lakhs previously. The auditors issued an unmodified (clean) opinion, and the company also announced a Postal Ballot for shareholder approval with e-voting from June 4 to July 3, 2026.
The significant decline in revenue and profit is a concern for shareholders, though the clean audit opinion and strong operating cash flow provide some comfort. The Postal Ballot indicates some corporate action requiring shareholder approval, though its nature is not specified in the filing.