JHS Svendgaard Retail Ventures Limited

Annual Returns

asof: 2026-09-19

The company is seeking shareholder approval for a complete waiver of interest receivable from a related party, Purple Rock Infra Private Limited, on outstanding Optionally Convertible Debentures aggregating to ₹13.50 crore. The principal amount of ₹13.50 crore remains unaffected by this waiver.
The waiver of interest receivable from a related party is a governance and financial item requiring shareholder approval at the 19th Annual General Meeting, indicating that the company has been carrying interest receivable on these debentures that it now proposes not to recover.
Shareholders are required to update KYC details, including PAN, address, mobile number, bank account details, and specimen signatures, pursuant to SEBI circulars. A special window for re-lodgment of physical share transfer requests is open from February 5, 2026, to February 4, 2027, which indicates ongoing administrative and compliance requirements related to shareholding records.

The company has allotted 23,01,000 fully convertible warrants at ₹25/- per warrant to non-promoters on a preferential basis. This raised a warrant subscription amount of ₹1,43,81,250/-, representing 25% of the issue price.
The preferential allotment of warrants to non-promoter entities brings in external subscription funds and, upon conversion, would expand the non-promoter shareholding base.
The company is appointing Mrs. Richa Sood and Mr. Mukul Pathak as Independent Directors, which adds independent representation to the board.
Mr. Nikhil Nanda is being re-appointed as a director retiring by rotation.

The proposed complete waiver of interest receivable from Purple Rock Infra Private Limited, a related party, means the company will forgo interest income on Optionally Convertible Debentures of ₹13.50 crore. The principal remains outstanding.
The related-party nature of the Purple Rock Infra transaction and the interest waiver require shareholder approval, reflecting the sensitivity of the matter.
The warrant allotment to non-promoters at ₹25/- per warrant involves a 25% upfront subscription, with the balance payable on conversion. The warrants are fully convertible, and the terms of conversion are not detailed in the supplied material.

The supplied material does not contain management guidance or forward-looking statements on financial performance, revenue, margins, or growth targets.
Observable business developments include the preferential warrant allotment raising ₹1,43,81,250/- as 25% subscription, the proposed interest waiver on ₹13.50 crore of Optionally Convertible Debentures held by Purple Rock Infra Private Limited, and board changes involving the re-appointment of Mr. Nikhil Nanda and the appointment of two Independent Directors.
The 19th Annual General Meeting is scheduled for Tuesday, September 29, 2026, at 1:00 P.M. IST via Video Conferencing/OAVM. The e-voting cut-off date is Tuesday, September 22, 2026, with remote e-voting from September 26, 2026, to September 28, 2026.