Meeting Details

The 30th Annual General Meeting (AGM) of Akme Fintrade (India) Limited was held through Video Conferencing on Tuesday, August 04, 2026. The meeting commenced at 12:30 PM and concluded at 12:55 PM on the same day.

Attendance

Board Members Present:

  • Mr. Nirmal Kumar Jain, Chairperson & Managing Director (Chairperson of AGM)
  • Mr. Rajendra Chittora, Executive Director
  • Mr. Nishant Sharma, Independent Director (Chairperson of Audit Committee)
  • Ms. Antima Kataria, Independent Director (Chairperson of Nomination and Remuneration Committee and Stakeholders Relationship Committee)
  • Mr. Sanjay Dattatray Tatke, Independent Director
  • Ms. Neelam Tater, Independent Director
  • Mr. Jinit Sureshkumar Jain, Executive Director
  • Mr. Kamlesh Jain, Additional Executive Director
  • Ms. Rajni Gehlot, Chief Financial Officer
  • Mr. Akash Jain, Chief Executive Officer
  • Mr. Manoj Kumar Choubisa, Company Secretary & Compliance Officer

Other Attendees:

  • Mr. Jinendra Jain, Partner of M/s. Valawat & Associates, Chartered Accountants (Statutory Auditors for FY2025-26)
  • Dr. CS Ronak Jhuthawat, Partner of M/s Ronak Jhuthawat & Co (Secretarial Auditor and Scrutinizer)

Business Transacted

The following resolutions were considered and approved as per the Notice dated June 29, 2026:

Ordinary Business:

1. Adoption of Standalone Financial Statements for the financial year ended March 31, 2026 and reports of the Board of Directors and Auditors thereon (Ordinary Resolution)

2. Reappointment of Mr. Jinit Sureshkumar Jain (DIN: 10628200) as Director who retires by rotation (Ordinary Resolution)

3. Appointment of Statutory Auditor and fixation of their remuneration (Ordinary Resolution)

Special Business:

4. Increase in overall Borrowing Limits of the Company (Special Resolution)

5. Increase in limit for creation of charge on the assets of the Company up to ₹1,200 Crore to secure its borrowings (Special Resolution)

6. Regularization of appointment of Mr. Kamlesh Jain (DIN: 08905531) and fixation of remuneration payable to him as an executive director (Special Resolution)

7. Waiver of recovery of excess managerial remuneration paid to Mr. Rajendra Chittora (DIN: 08211508), Executive Director for Financial Year 2025-26 (Special Resolution)

8. Increase in the Authorised Share Capital of the Company and subsequent alteration of the Memorandum of Association (Ordinary Resolution)

9. Approval of remuneration payable to Mr. Rajendra Chittora (DIN: 08211508), Executive Director of the Company (Ordinary Resolution)

10. Approval of material related party transactions with Akme Build Estate Limited (Ordinary Resolution)

Voting and Results Disclosure

The consolidated results of remote e-voting and e-voting during the AGM will be declared in the prescribed format under Regulation 44 of the Listing Regulations. The voting results will be submitted to both BSE Limited and the National Stock Exchange of India Limited.

The voting results will be displayed at the Registered Office of the Company and placed on the company website (www.akmefintrade.com) and on the website of Central Depository Services (India) Limited (www.evotingindia.com).

Additional Proceedings

The Company Secretary welcomed members and briefed them about general instructions of AGM and e-voting. The Chairman delivered a speech including highlights of the Company's performance during FY 2025-26.