Meeting Details
- Date: Wednesday, September 30, 2026
- Time: Commenced at 04:30 PM IST, concluded at 05:20 PM IST
- Location: Conducted through Video Conferencing (VC)/Other Audio Visual Means (OAVM)
- Type: Annual General Meeting (AGM)
Resolutions Considered
The following 12 resolutions from the Notice dated August 29, 2026 were considered:
Ordinary Business
1. Adoption of Standalone and Consolidated Audited Financial Statements for financial year ended March 31, 2026 together with reports of Board of Directors and Auditors (Ordinary Resolution)
2. Re-appointment of Mr. Dhruv Gupta (DIN: 06920431), Whole Time Director, who retires by rotation (Ordinary Resolution)
Special Business
3. Authorization for Loan and Investment for making investment/extending loans and giving guarantees or providing securities in connection with loans to persons/Bodies Corporates (Special Resolution)
4. Approval for raising funds by way of borrowing and issuance of debt securities (Special Resolution)
5. Approval of Material Related Party Transaction between Company and Algoquant Financials LLP, the Promoter (Ordinary Resolution)
6. Approval of Material Related Party Transaction between Company and Growth Securities Private Limited (Ordinary Resolution)
7. Approval of Material Related Party Transaction between Company and Mr. Dhruv Gupta, promoter and Whole Time Director (Ordinary Resolution)
8. Approval of Material Related Party Transaction between Company and Mr. Devansh Gupta, promoter and Managing Director (Ordinary Resolution)
9. Approval of Material Related Party Transaction between Company and Devansh Real Estate Private Limited (Ordinary Resolution)
10. Approval of Material Related Party Transaction between Company and Vardan Securities Private Limited (Ordinary Resolution)
11. Approval of Material Related Party Transaction between Company and Nirmal Buildwell Real Estate, LLP (Ordinary Resolution)
12. Approval to advance any loan/give guarantee/provide security u/s 185 of the Companies Act, 2013 (Special Resolution)
Voting Process
- Remote e-Voting facilities were provided under section 108 of the Companies Act, 2013 read with Rule 20 of the Companies (Management and Administration) Rule, 2014
- Voting period: Saturday, September 26, 2026 at 9:00 AM to Tuesday, September 29, 2026 at 5:00 PM
- Members present at AGM who had not cast votes through remote e-Voting were offered e-Voting facility during the AGM
Scrutinizer Appointment
- Scrutinizer: Mr. Sarthak Mittal, Proprietor of Sarthak Mittal & Associates
- Qualifications: Practicing Company Secretary, Membership No.: A79270, Certificate of Practice Number: 28517
- Role: To conduct voting process in fair and transparent manner
- Voting results to be communicated to Stock Exchanges within two working days from conclusion of AGM
- Voting results will also be placed on company website and NSDL
Attendance and Proceedings
- Chairman: Mr. Devansh Gupta, Managing Director
- Company Secretary: Mr. Mohd. Intzar welcomed members and briefed about meeting guidelines
- Directors Present: All directors except Mr. Amit Gupta, Independent Director (absent due to last movement urgency at home)
- Mr. Gyaneshwar Sahai, Chairperson of Stakeholders' Relationship Committee was present
- Chairman delivered speech highlighting company functioning and financial position
- Q&A session conducted where members raised queries answered by Chairman
Compliance Information
- Meeting conducted in accordance with provisions of Companies Act, 2013
- Compliance with Circular(s) issued by Ministry of Corporate Affairs (MCA) and SEBI
- Company Symbol: ALGOQUANT
Additional Information
- Proceedings available on company website: www.algoquantfintech.com