AGM Details
- Date: Wednesday, September 30, 2026
- Time: 02:00 P.M.
- Mode: Video Conferencing (VC) / Other Audio Visual Means (OAVM)
- Notice Availability: Company website www.advikcapital.in
- Record Date: September 23, 2026
- Register Closure: September 24, 2026 to September 30, 2026 (both days inclusive)
Ordinary Business
1. Adoption of Audited Financial Statements
- To consider and adopt Audited Financial Statements for FY ended March 31, 2026
- Includes reports of Board of Directors and Auditors
- Proposed as Ordinary Resolution
2. Re-appointment of Director Retiring by Rotation
- Mr. Narendra Kumar Singhal (DIN: 10800406) retires by rotation and offers himself for re-appointment
- Proposed as Ordinary Resolution under Section 152 of Companies Act, 2013
Special Business
3. Appointment of Statutory Auditors to Fill Casual Vacancy
- M/s KSMC & Associates, Chartered Accountants resigned effective August 15, 2026
- Board approved appointment of M/s MASAR & Co., Chartered Accountants (FRN: 033829N) on September 05, 2026
- To hold office until conclusion of ensuing AGM
- Remuneration to be decided by Board in consultation with Auditors
- Proposed as Ordinary Resolution under Section 139(8)
4. Appointment of Statutory Auditors and Fixing Remuneration
- M/s MASAR & Co., Chartered Accountants (FRN: 033829N) proposed for 5-year term
- Term from conclusion of 41st AGM till conclusion of 46th AGM
- Remuneration to be mutually agreed between Board and Auditors
- Proposed as Ordinary Resolution under Sections 139 and 142
5. Re-appointment of Independent Director
- Ms. Sony Kumari (DIN: 09270483) currently appointed until December 27, 2026
- Proposed for second term of 5 years from December 28, 2026 to December 27, 2031
- Not liable to retire by rotation
- Qualifications: Company Secretary, Bachelor of Commerce from Delhi University, 8+ years experience
- Proposed as Special Resolution under Sections 149, 150, 152 and SEBI Listing Regulations
6. Approval of Material Related Party Transactions for FY 2026-27
- Seeks approval for material RPTs with related parties during FY 2026-27
- Aggregate value not exceeding specified limits:
| Related Party | Amount (₹ Crores) | Nature of Relationship |
| Advikca Finvest Limited | 100 | Wholly owned subsidiary |
| Carnation Industries Limited | 150 | Key Managerial Personnel and relatives |
| Ebix Technologies Ltd. | 150 | KMP and relatives having significant influence |
| Ebix Smart Class Ltd. | 100 | Common promoters/management |
| Ebix Money Express Pvt. Ltd. | 100 | Common promoters/management |
| EbixCash World Money Limited | 100 | Common promoters/management |
| Ebix Limited | 300 | Common promoters/management |
| Vikas Ecotech Limited | 300 | Common promoters/management |
- Total Proposed Limit: ₹1,500 Crores
- Nature: Providing/receiving loans, advances, inter-corporate deposits (ICDs), guarantees, securities and other financial assistance
- Transactions to be on arm's length basis in ordinary course of business
- Proposed as Ordinary Resolution under Regulation 23 of SEBI Listing Regulations and Section 188
7. Ratification of Material Related Party Transactions for FY 2025-26
- Ratification of RPTs actually undertaken during FY 2025-26:
| Related Party | Amount (₹ Crores) | Nature of Relationship |
| Advikca Finvest Limited | 18.58 | Wholly owned subsidiary |
| Carnation Industries Limited | 16.12 | Key Managerial Personnel and relatives |
| Ebix Technologies Ltd. | 33.83 | KMP and relatives having significant influence |
| Ebix Smart Class Ltd. | 18.58 | Common promoters/management |
| Ebix Money Express Pvt. Ltd. | 31.11 | Common promoters/management |
| Ebix Limited | 191.47 | Common promoters/management |
| Vikas Ecotech Limited | 125.58 | Common promoters/management |
- Total Actual Value: ₹435.27 Crores
- Transactions undertaken in ordinary course of business on arm's length basis
- Proposed as Ordinary Resolution for ratification
Voting Arrangements
- Remote e-voting period: September 27, 2026 (9:00 AM) to September 29, 2026 (5:00 PM)
- Scrutinizer: M/s Shubhangi Agarwal & Associates, Practicing Company Secretaries
- e-Voting Agency: National Securities Depository Limited (NSDL)
- Shareholders can vote through depository participants (CDSL/NSDL) or evotingindia.com
Explanatory Statement Highlights
Auditor Resignation and Appointment
- M/s KSMC & Associates resigned August 15, 2026 creating casual vacancy
- Board appointed M/s MASAR & Co. on September 05, 2026 based on Audit Committee recommendation
- Company received consent and eligibility certificate from M/s MASAR & Co.
Related Party Transactions Rationale
- Company is RBI-registered NBFC engaged in financing, lending, investment activities
- Transactions intended for efficient deployment of funds, treasury management, working capital requirements
- Pricing to be determined on arm's length basis considering market conditions, regulatory requirements
- Audit Committee and Board have reviewed and approved the transactions
Director Details
Ms. Sony Kumari
- DIN: 09270483
- Age: 35 years
- First appointment: December 28, 2021
- Qualifications: Company Secretary, Bachelor of Commerce from Delhi University
- Experience: 8+ years in corporate secretarial, legal, compliance, governance
- Other directorships: Teamo Productions HQ Ltd, Integra Essentia Ltd, Carnation Industries Ltd.
Mr. Narendra Kumar Singhal
- DIN: 10800406
- Age: 68 years
- First appointment: December 02, 2024
- Qualifications: B.Com (Hons) from SRCC, Delhi University
- Experience: 45+ years in corporate and institutional banking, loan syndication, financial advisory
Financial Impact
- Auditor appointment: Remuneration to be determined by Board
- Related party transactions: Proposed limit of ₹1,500 crores for FY 2026-27; ₹435.27 crores actual for FY 2025-26 requiring ratification
- Director remuneration: As detailed in Corporate Governance Report