Notice of the 87th AGM for the Financial Year 2025-2026 is attached herewith

Iv1pdern Creatinq weti(th SllaresAnd throuqh Member -NSE/BSE Equ it!:J Stockbrokers Limited Ref: MSSLIO 18/2026-2027 August 12, 2026 BSE Limited Department of Corporate Services P. J. Towers, 25thFloor, Dalal Street, Mumbai- 400001 Ref No: Our Company Code: 509760 Dear Sir/Madam, Sub: Notice of the Eighty-Seventh Annual General Meeting and Annual Report for the FY 2025-26. This is to inform that the Company has scheduled the Eighty-Seventh Annual General Meeting ("AGM") of the Company on Tuesday, September 08, 2026 at 11.30 a.m. (1ST) through Video Conferencing ('VC') 1 Other Audio Video Means ('OAVM') in accordance with the relevant circulars issued by the Ministry of Corporate Affairs ("MCA") and Securities and Exchange Board of India ("SEBI"). Pursuant to Regulations 34 of SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015, (,SEBJ Listing Regulations'), please find enclosed herewith the Notice of Eighty-Seventh Annual General Meeting and Annual Report for financial year 2025-26. Please note that the electronic copy of the Notice of the Eighty-Seventh AGM and the Annual Report for the financial year 2025-26 are being sent by an email to those Members whose email addresses are registered with the Company's RTAlDepositories. Further, in accordance with Regulation 36(1)(b) of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, the Company is also sending a letter to Members whose email addresses are not registered with the Company/ RTAI DPs, providing web links to access the Annual Report. The Notice of the Eighty-Seventh AGM and the Annual Report for the financial year 2025-26 are also being uploaded on the website of the Company at www.modemshares.com. The Register of Members and the Share Transfer Books of the Company shall remain closed from Tuesday, September 01, 2026 to Tuesday, September 08, 2026 (both days inclusive) for the purpose of the Annual General Meeting and to update the Register of Members. Further, the Company has fixed Tuesday, September 01, 2026 as the cut-off date to determine the eligibility of the Members to cast their vote through remote e-voting or through e-voting during the AGM on the resolutions as stated in the Notice of the Eighty-Seventh AGM. We request you to kindly take on record the same. Thanking You, Yours faithfully, For MODERN SHARES AND STOCKBROKERS LIMITED Anil Manghnani Whole Time Director DIN 00012806 Register~cP8itfc~~'WXAkhede Stadium, North Stand, Staircase No. 13, 'D'Road, Churchgate, Mumbai -400 020. Tel.:(022) 6825 2400 (10 Lines)IE-mail:modernshare@hotmail.com IVisitus at: www.modernshares.com CIN:L45200MH1939PLC002958 ANNUAL R EPORT & ACCOUNTS 2025 - 2026 87th Annual Report 2025-2026 Board of Directors Bankers Axis Bank Limited Mr. Pankaj R. Ved - (DIN. 00207079) Chairman & Non-Executive Director (Independent) Audit Committee Mr. Pankaj R. Ved (Chairman) Mr. Anil S. Manghnani - (DIN. 00012806) Mr. Anil S. Manghnani Whole Time Director Mr. Ramesh R. Narang Mr. Ghansham Shewakramani - (DIN. 00413343) Nomination & Remuneration Committee Non-Executive Director Mr. Pankaj R. Ved (Chairman) Mrs. Roshan Advani Patheria Mrs. Roshan Advani Patheria - (DIN. 00651144) Mr. Ramesh R. Narang Non-Executive Director Stake Holder & Grievance Committee Mr. Narendra H. Advani - (DIN. 03351909) Mr. Pankaj R. Ved (Chairman) Non-Executive Director Mr. Ghansham Shewakramani Mr. Ramesh R. Narang Mr. Ramesh R. Narang - (DIN. 10665682) Non-Executive Director (Independent) Mr. R. N. Shenvi Contents Page Mrs. Vibha Axit Gandhi Notice ............................................. 1 Company Secretary & Compliance Officer Directors Report ............................. 16 Auditors: Secretarial Audit Report.................. 27 B D G & Co LLP Auditors Report .............................. 30 (Formerly known as B D G & Associates) Chartered Accountants Annexure to Auditors Report .......... 34 Balance Sheet ................................ 40 Registered Office: Wankhede Stadium, North Stand, Profit & Loss Account ..................... 41 Staircase No.13, 'D' Road, Statement of changes in equity ..... 42 Churchgate, Mumbai - 400 020. CIN: L45200MH1939PLC002958 Cash Flow Statement ..................... 43 Website: www.modernshares.com Notes to Accounts ........................ 44 TEL: (022) 6825 2400 (10 Lines) EMAIL: modernshare@hotmail.com Registrar and Share Transfer Agent: MUFG Intime India Private Limited (formerly known as Link Intime India Private Limited) C-101, Embassy 247, LBS. Marg, Vikhroli (West), Mumbai 400083 Telephone: 022 4918 6000 Email: rnt.helpdesk@in.mpms.mufg.com Website: www.in.mpms.mufg.com Mliodern S are%nd Stockbrokers Limited 87th Annual Report 2025-2026 NOTICE NOTICE is hereby given that the Eighty-Seventh “RESOLVED THAT pursuant to the provisions of Annual General Meeting of the Members of Regulation 17 (1A) of the SEBI (Listing Obligations Modern Shares and Stockbrokers Limited (CIN: and Disclosure Requirements) (Amendment) L45200MH1939PLC002958) will be held on Tuesday, Regulations, 2018, Mr. Pankaj Rajnikant Ved (DIN: September 08, 2026 at 11.30 a.m. (IST) through 00207079) be continued as a Chairman & Non- Video Conference (“VC”) / Other Audio Visual Means Executive Independent Director of the Company, (“OAVM”) (“hereinafter referred to as “electronic notwithstanding that on 02nd June, 2027 he attains mode”) to transact the following business: the age of 75 years.” ORDINARY BUSINESS: By Order of the Board of Directors For Modern Shares and Stockbrokers Limited 1. To receive, consider and adopt the Audited Financial Statements and Cash Flow Statement of the Company for the financial year ended March Sd/- 31, 2026 together with the report of the Board of Vibha Axit Gandhi Directors and the Auditors thereon. Company Secretary & Compliance Officer M.No. A40143 2. To appoint a director in place of Mr. Narendra ECSIN: EA040143A000047843 Hira Advani (DIN: 03351909), who retires by rotation and being eligible offers himself for re- Mumbai, dated July 28, 2026 appointment. Registered Office: SPECIAL BUSINESS: Wankhede Stadium, North Stand, Staircase No. 13, ‘D’ Road, Churchgate, 3. To consider and if thought fit, to pass with or Mumbai - 400020 CIN: L45200MH1939PLC002958 without modification, the following resolution as a Special Resolution: Website: www.modernshares.com Mliodern S are%nd Stockbrokers Limited 87th Annual Report 2025-2026 NOTES: Form, Attendance Slip and Route Map of Annual General Meeting are not annexed to the Notice. 1) The Ministry of Corporate Affairs (“MCA”), vide its general circular bearing reference No. 14/2020 4) Members attending the meeting through VC/ dated April 08, 2020, No. 17/2020 dated April OAVM shall be counted for the purpose of 13, 2020 and various subsequent circulars latest reckoning the quorum under Section 103 of the being bearing reference No. 03/2025 dated Companies Act, 2013. September 22, 2025 and such other related Circulars issued from time to time (collectively 5) Pursuant to the provisions of Section 108 of referred to as “MCA Circulars”), permitted the the Act read with Rule 20 of the Companies holding of the Annual General Meeting (“AGM” / (Management and Administration) Rules, 2014 “Meeting”) through Video Conferencing (“VC”) / (as amended), Regulation 44 of the SEBI Listing Other Audio Visual Means (“OAVM”), without the Regulations, revised Secretarial Standards on physical presence of the Members at a common General Meeting (SS-2) issued by the Institute of venue. In compliance with the provisions of the Company Secretaries of India and MCA Circulars, Companies Act, 2013, SEBI Listing Regulations, the Company is providing facility of remote MCA Circulars and SEBI Circular and all other e-Voting to its Members in respect of the business relevant circulars issued from time to time, the to be transacted at the AGM and facility for those Eighty Seventh AGM of the Company is being Members participating in the AGM t [Showing first 8,000 characters — download PDF for full document]