Jagsonpal Services Ltd (JAGSONSER) Announcements - Latest Exchange Filings with AI Summaries
Latest corporate announcements filed by Jagsonpal Services Ltd on NSE and BSE, with an AI summary of each filing.
Corrigendum to the Notice of postal ballot dated 7th October, 2026
Others (Uncategorized) · 09 Oct 2026, 11:26 pm
Jagsonpal Services Issues Corrigendum on Related Party Transaction Notice Jagsonpal Services Limited issued a corrigendum to its 7th Oct'26 Postal Ballot Notice, correcting the FY 2025-26 related party transaction value with Elanistech Private Limited from INR 72.48 Cr to INR 7.248 Cr. Shareholders are considering approval for a Business Transfer Agreement to acquire assets, software platforms, and IP from Elanistech for INR 10.00 Cr on an arm’s length basis, alongside noting CA compliance certificates for the company's name change. Remote e-voting runs from 8th Oct'26 to 6th Nov'26.
Notice of postal ballot dated 7th October, 2026 dispatched to shareholders of the Company.
Others (Uncategorized) · 07 Oct 2026, 11:22 pm
Jagsonpal Services Proposes ₹10 Crore Asset Acquisition via Postal Ballot Jagsonpal Services Limited has issued a Postal Ballot Notice seeking shareholder approval for a Business Transfer Agreement with related party Elanistech Private Limited. The transaction involves acquiring software platforms, IP, assets, and resources on a going-concern basis for an aggregate consideration of ₹10.00 crore payable in tranches. The acquisition aims to operationalize primary business activities and kickstart revenue generation. E-voting runs from 8th Oct'26 to 6th Nov'26, with the cut-off date set as 1st Oct'26. Members will also formally note SEBI compliance certificates regarding the company's name change.
Revised intimation for approval of Business Transfer Agreement.
Others (Uncategorized) · 30 Sept 2026, 12:46 am
Jagsonpal Services Approves Related-Party Asset Acquisition of Elanistech for Rs.10 Crore Jagsonpal Services Limited approved a Business Transfer Agreement on 29th Sep'26 to acquire the software platform, assets, brands, IP, and HR from related party Elanistech Private Limited for a total cash consideration of Rs.10.00 crore. Elanistech develops software for financial and electronic payment services, reporting a turnover of Rs.2.58 crore as of 31st Mar'26 (valued at Rs.114.86 crore). The arm’s-length transaction aims to support primary business activities and kickstart revenue generation, with completion expected within three months.
Revised outcome of the Board meeting of the Company held on 29th September, 2026.
Revision of outcome · 30 Sept 2026, 12:44 am
Jagsonpal Services Approves Business Transfer Agreement to Acquire Elanistech Assets Jagsonpal Services Limited's board approved a Business Transfer Agreement on 29th Sep'26 to acquire the software platform, assets, brands, intellectual property, and human resources from Elanistech Private Limited for a total cash consideration of Rs.10.00 crore. The arm’s-length related-party acquisition of the fintech software developer (valued at Rs.114.86 crore with FY26 turnover of Rs.2.58 crore) aims to kickstart primary business revenue generation. The transaction is slated for completion within three months in one or more tranches.
Outcome of 35th AGM of the Company held on 29th September, 2026.
Annual General Meeting · 30 Sept 2026, 12:35 am
Proceedings of 35th AGM of the Company held on 29th September, 2026
Annual General Meeting · 30 Sept 2026, 12:16 am
Intimation for approval of Business Transfer Agreement
Others (Uncategorized) · 29 Sept 2026, 7:09 pm
Jagsonpal Services Approves ₹10 Crore Related-Party Business Acquisition from Elanistech Jagsonpal Services Limited's board approved a Business Transfer Agreement on 29th Sep'26 to acquire the software platform, assets, brands, IP, and human resources of Elanistech Private Limited for a total cash consideration of ₹10.00 crore. The arm’s-length related-party transaction involves promoter, Chairman, MD, and CFO Karthik Srinivasan, who is a director and shareholder in Elanistech. The target company, incorporated on 21st Aug'26 with nil turnover, develops financial services software. The acquisition aims to kickstart revenue generation and is expected to close within three months, pending shareholder approval.
Intimation for approval of Business Transfer Agreement
Others (Uncategorized) · 29 Sept 2026, 7:08 pm
Jagsonpal Services Approves ₹10 Crore Related-Party Business Acquisition From Elanistech Jagsonpal Services Limited's board approved acquiring the software platform, assets, brands, IP, and human resources from Elanistech Private Limited via a Business Transfer Agreement for a lump-sum cash consideration of ₹10.00 crore. The arm’s-length related-party transaction involves Chairman, MD & CFO Karthik Srinivasan, who is a director and shareholder in Elanistech. Incorporated on 21st Aug'26 with nil turnover and a net worth of negative ₹50.80 lacs as of 31st Mar'26, Elanistech develops financial services software. The transaction requires shareholder approval and is slated for completion within three months.
Disclosure of extract of Public Notice published in newspapers
Others (Uncategorized) · 23 Sept 2026, 7:38 pm
Jagsonpal Services to Acquire 100% Stake in Welcast Finstock Jagsonpal Services Limited announced a joint public notice for the proposed acquisition of a 100% equity stake and control in Welcast Finstock Private Limited, a base-layer NBFC, pursuant to a Share Purchase Agreement dated 21st Aug'25. The transaction involves acquiring over 26% shareholding and reconstituting more than 30% of the target's board, for which RBI approvals were granted on 7th May'26 and 2nd Jul'26. The move aims to expand Jagsonpal’s retail and SME lending operations with a focus on overseas education financing.
Annual Report of the Company for financial year 2025-26.
Others (Uncategorized) · 05 Sept 2026, 9:45 pm
Disclosure confirming dispatch of the Notice convening 35th AGM of the Company to its members
Annual General Meeting · 05 Sept 2026, 9:23 pm
Disclosure of record date of 22nd September, 2026 fixed for 35th AGM of the Company
Others · 04 Sept 2026, 8:43 pm
35th Annual General Meeting of the Company is scheduled on 29th September, 2026 at 11:00 a.m. (IST) through Video Conferencing (VC) / Other Audio Visual Means (OAVM) facility.
Annual General Meeting · 04 Sept 2026, 6:16 pm
Disclosure of the statement of deviation or variation in fund utilization for the quarter ended 30th June, 2026.
Others (Uncategorized) · 14 Aug 2026, 11:45 pm
Jagsonpal Services Reallocates Preferential Issue Funds Due to NBFC License Delay Jagsonpal Services reported no deviation in total fund utilization for the quarter ended 30th Jun'26 from its ₹15.88 Cr preferential issue. However, it reallocated funds due to delays in obtaining an NBFC license. The allocation for the NBFC license was reduced from ₹11.00 Cr to ₹5.00 Cr, with only ₹1.48 Cr utilized. Unutilized proceeds were re-routed, increasing the allocation for financial technology development to ₹7.88 Cr (from ₹3.00 Cr) and general corporate purposes to ₹3.00 Cr (from ₹1.88 Cr), both now fully utilized.
Intimation of revised UDIN of Limited Review Report on the Unaudited Financial Results of the Company for quarter ended 30th June, 2026
Others (Uncategorized) · 14 Aug 2026, 11:35 pm
Jagsonpal Services Issues Revised UDIN for Q1FY27 Limited Review Report Jagsonpal Services (JAGSONSER) has issued a revised Unique Document Identification Number (UDIN) for its limited review report on the unaudited financial results for the quarter ended 30th Jun'26. The filing on 14th Aug'26 corrects the UDIN to 26403919NONLMJ1579. This revision pertains to the report submitted by statutory auditor M/s. Jain Vinay & Associates. All other contents of the original intimation and financial results remain unchanged. This is a procedural correction with no impact on reported financials.
Unaudited Financial Results for quarter ended 30th June, 2026
Financial Result · 14 Aug 2026, 9:20 pm
Jagsonpal Services Ltd - Financial Result for the Quarter ended 30th Jun'26 (Standalone, INR Lakh) ■ Revenue: 0.0 ■ EBITDA: -140 (-24.8% YoY | -0.8% QoQ) ■ EBITDA Margin (%): 0.0 ■ PAT: -141 (-31.8% YoY | -17.7% QoQ) ■ EPS (INR): -0.78 (-32.2% YoY | -18.2% QoQ)
Outcome of the Board meeting held on 14th August, 2026
Outcome · 14 Aug 2026, 9:12 pm
The Board Meeting to be held on 14/08/2026 has been revised to 14/08/2026 The Board Meeting to be held on 14/08/2026 to consider and approve the Unaudited Financial Results for the quarter ....
Intimation · 14 Aug 2026, 5:30 am
Jagsonpal Services Board Meeting to Approve Q1FY27 Results on 14th Aug'26 Jagsonpal Services Limited's Board of Directors will meet on 14th Aug'26 to consider and approve the unaudited financial results for the quarter ended 30th Jun'26. Consequently, the trading window for designated persons has been closed from 1st Jul'26 and will reopen on 17th Aug'26, 48 hours after the results are announced. The meeting will also address other matters as permitted by the Chair. This notice serves as an intimation under Regulation 29 of SEBI's Listing Obligations and Disclosure Requirements Regulations, 2015.
Jagsonpal Services Ltdhas informed BSE that the meeting of the Board of Directors of the Company is scheduled on 14/08/2026 ,inter alia, to consider and approve the Unaudited Financial ....
Intimation · 14 Aug 2026, 5:30 am
Jagsonpal Services Board to Approve Q1 FY27 Results on 14th Aug'26 Jagsonpal Services Limited's Board of Directors will meet on 14th Aug'26 to consider and approve the unaudited financial results for the quarter ended 30th Jun'26. In connection with the results, the trading window for designated persons has been closed from 1st Jul'26 and will remain closed until 16th Aug'26. The meeting will also address other matters with the permission of the Chair.
Receipt of approval from the Reserve Bank of India for acquisition of 100% shareholding of Welcast Finstocks Private Limited
Others (Uncategorized) · 03 Jul 2026, 7:31 pm
Jagsonpal Services Receives RBI Approval for 100% Acquisition of Welcast Finstocks Jagsonpal Services Limited received approval from the Reserve Bank of India (RBI) on 2nd Jul'26 to acquire 100% shareholding and control of Welcast Finstocks Private Limited, a Non-Banking Financial Company (NBFC). This regulatory clearance, following the company's initial disclosure on 18th Aug'25, allows Jagsonpal to proceed with the acquisition process. The company will now commence the acquisition, subject to compliance with relevant RBI directions and other applicable regulations. Further material updates on the transaction will be provided as they develop.
Notice of Postal Ballot dispatched to the shareholders of the Company.
Others (Uncategorized) · 01 Jul 2026, 11:34 pm
Jagsonpal Seeks Shareholder Nod to Reallocate Preferential Issue Funds Jagsonpal Services is seeking shareholder approval via postal ballot to reallocate the utilization of funds raised from a preferential issue in Feb'25. The company proposes shifting capital due to delays in receiving NBFC license approval and increased needs for financial technology development. The allocation for the NBFC license will decrease from ₹11.00 Cr to ₹5.00 Cr, while funds for financial technology will increase from ₹3.00 Cr to ₹7.88 Cr. The e-voting period is scheduled from 02 Jul'26 to 31 Jul'26.
Reallocation for use of proceeds raised.
Others (Uncategorized) · 29 Jun 2026, 6:41 pm
Jagsonpal Services Board Approves New CS and Reallocates Preferential Issue Proceeds Jagsonpal Services' board, in its meeting on 29th Jun'26, approved two key proposals. First, the appointment of Mr. Pranav Chaware as the new Company Secretary and Compliance Officer. Second, the board sanctioned the reallocation of proceeds raised from a preferential equity issue, which was initially approved by shareholders on 15th Feb'25. This reallocation is now subject to fresh shareholder approval. Mr. Chaware brings over 10 years of compliance experience from multiple sectors.
Appointment of Mr. Pranav Chaware as the Company Secretary & Compliance Officer of the Company w.e.f 29th June, 2026.
Change in Management · 29 Jun 2026, 6:38 pm
Jagsonpal Services Appoints New CS & Reallocates Preferential Issue Proceeds Jagsonpal Services Limited's board approved two key proposals on 29th Jun'26. Firstly, Mr. Pranav Chaware, a qualified Company Secretary with over 10 years of experience, was appointed as the new Company Secretary and Compliance Officer, effective immediately. Secondly, the board approved the reallocation of funds raised from the preferential equity issue, which was initially approved by shareholders on 15th Feb'25. This reallocation is now subject to fresh shareholder approval and related matters.
Outcome of the Board meeting
Others (Uncategorized) · 29 Jun 2026, 6:36 pm
Jagsonpal Services Board Approves Key Management Appointment and Fund Reallocation Jagsonpal Services Limited announced its board approved two key proposals on 29th Jun'26. Firstly, Mr. Pranav Chaware was appointed as Company Secretary and Compliance Officer, effective immediately. Mr. Chaware has over 10 years of compliance experience. Secondly, the board approved the reallocation of proceeds from a preferential equity issue, which was originally sanctioned by shareholders on 15th Feb'25. This reallocation is subject to fresh shareholder approval. The meeting commenced at 11:45 a.m. and concluded at 12:45 p.m.
Update - Regulation 30 of SEBI (Listing Obligation and Disclosure Requirements) Regulations, 2015
Change in Management · 16 Jun 2026, 5:33 pm
Jagsonpal Services Confirms Company Secretary's Departure Date Jagsonpal Services Limited (BSE: 530601) announced that Ms. Shilpa Soni, Company Secretary and Compliance Officer, was relieved from her duties effective 15th Jun'26. This notice updates the previous resignation intimation from 30th May'26, confirming the final date of cessation. All other details regarding her resignation, including the reasons previously disclosed, remain unchanged. The company has not yet announced a successor for this key management position.