Summary of proceedings of the 32nd Annual General Meeting held on 29 September 2026

The 32nd AGM was held on Tuesday, 29 September 2026 via video conference, starting 11:30 A.M. and concluding 12:07 P.M.

Tue 29 Sep 2026

AGM Date

Tuesday, 29 September 2026

Meeting Duration

11:30 A.M. to 12:07 P.M.

Members Joined

20 Members

Main Resolutions

Adoption of audited accounts for FY ended 31st March 2026; re-appointment of Mr. Gopal Bansal; approval under Section 186 for loans,…

E-voting Period

26–28 September 2026 (09:00 AM to 05:00 PM)

What was shared

The company shared a summary of the proceedings of its 32nd Annual General Meeting, held on Tuesday, 29 September 2026 through Video Conference / Other Audio-Visual Means. The meeting began at 11:30 A.M. and concluded at 12:07 P.M.

Attendance

• 20 Members joined the meeting and quorum was present throughout.
• The Board of Directors, other than the Chief Financial Officer Mr. Manoj Kumar Gupta who was unable to attend, plus representatives of the Secretarial Auditor and the Scrutinizer, attended through VC.
• Mr. Gopal Bansal chaired the meeting and spoke on FY 2025-26 performance and the way forward. No registered speaker was present for questions.

Items transacted

• Adoption of the Standalone and Consolidated Audited Financial Statements for the financial year ended 31st March, 2026, with the Board's and Auditors' reports (Ordinary Resolution).
• Appointment of a director in place of Mr. Gopal Bansal, who retired by rotation and offered himself for re-appointment (Ordinary Resolution).
• Approval under Section 186 of the Companies Act, 2013 for loans, guarantees, securities and investments (Special Resolution).
• Approval of Material Related Party Transactions with IFL Finance Limited (Special Resolution).

Voting process

Remote e-voting was open to members from 26 September 2026 (09:00 AM) to 28 September 2026 (05:00 PM), and e-voting was also available during the meeting for those who had not voted earlier. The facility remained open for 15 minutes after the meeting concluded. Mrs. Sarita Singh of M/s Sarita Singh & Associates acted as Scrutinizer.

How to read this

This is a procedural update telling shareholders what business was placed before the AGM and how voting was conducted. The two Special Resolutions are worth noting: one enables loans, guarantees, securities and investments beyond the standard limits, and the other covers material related party transactions with IFL Finance Limited. The video recording of the proceedings is being made available on the company's website.

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