Proceedings of 32nd Annual General Meeting held via video conferencing
The 32nd AGM was held on 29th September, 2026 via video conferencing (12:00 noon to 12:14 p.m.).
- AGM Date
- 29th September, 2026
- Meeting Duration
- 12:00 noon to 12:14 p.m. IST
- Format
- Video Conferencing / Other Audio-Visual Means
- Resolutions Passed
- 4 items: adoption of FY2025-26 audited accounts, appointment of Secretarial Auditors for 5 years, Section 185 loan/guarantee authority,…
- Statutory Auditor Opinion
- Unqualified opinion on FY2025-26 audit report
What was shared
Prism Finance submitted the proceedings of its 32nd Annual General Meeting, held on Tuesday, 29th September, 2026, through Video Conferencing / Other Audio-Visual Means. The meeting began at 12:00 noon IST and concluded at 12:14 p.m. IST.
Who attended
- Three Non-Executive Independent Directors joined via VC; Ms. Rajkumari R. Udhwani was elected Chairperson.
- The CFO, Company Secretary, Statutory Auditors, Secretarial Auditors and the Scrutineer were also present.
Business transacted
- Adoption of the audited financial statements for the year ended 31st March, 2026 with Board and Auditor reports (Ordinary Resolution).
- Appointment of Kashyap R. Mehta & Partners as Secretarial Auditors for a term of five (5) consecutive years, covering financial years 2026-27 to 2030-31 (Ordinary Resolution).
- Authority to the Board to advance loans, give guarantees or provide security under Section 185 of the Companies Act, 2013 (Special Resolution).
- Re-appointment of Mr. Hemendrakumar C. Shah as Independent Director for a second consecutive term of 5 years, from 4th December, 2026 to 3rd December, 2031 (Special Resolution).
Auditor comments noted at the meeting
- Statutory Auditors H. K. Shah & Co. expressed an unqualified opinion on the FY2025-26 audit report, with no other qualifications or adverse comments.
- Secretarial Auditors remarked that the Company does not have a Managing Director as required under Section 203 of the Companies Act, 2013.
- They also observed certain delays in uploading some information required on the Company's website under Regulation 46 of the Listing Regulations. Board explanations are given in the Directors' Report.
Voting
Remote e-voting was open from 26th September, 2026 (9:00 a.m.) to 28th September, 2026 (5:00 p.m.), and e-voting at the meeting stayed open a further 15 minutes. The Scrutineer submitted the report on votes cast; the detailed voting results are communicated separately.
What it means for investors
This is a routine post-AGM disclosure recording the items placed before shareholders. The Secretarial Auditors' remarks on the absence of a Managing Director and website disclosure delays are points investors may wish to track.
Also from Prism Finance
Shareholders Approve Secretarial Auditors and Re-appointment of Independent Director at 32nd AGM
29 Sep 2026
More numbers
- Secretarial Auditors' termfive (5) consecutive years
- Independent Director second termsecond consecutive term of 5 years
- Additional e-voting window at AGM15 further minutes
- Number of resolutions transacted4
Nothing here is a view, opinion or recommendation of ScoutQuest, its parent, directors or employees. ScoutQuest is a technology company: this page was assembled automatically from public sources using artificial intelligence, and may contain errors or omissions. Confirm everything against the original source before you act on it. Any use of this page is at your own risk, and neither ScoutQuest nor its parent, directors or employees accepts liability for it.