Meeting Details
- Meeting Date: Thursday, September 24, 2026
- Time: 3:00 P.M.
- Mode: Hybrid (in-person and through Video Conferencing/Other Audio Visual Means)
- Venue: Registered office at "THE AGARWAL CORPORATE HOUSE, 5TH Floor, 1, Sanjana Park, Adj. Agarwal Public School, Bicholi Mardana Road, Indore 452016 (MP)"
- Cut-off date for e-voting: September 17, 2026
- Remote e-voting period: September 21, 2026 (9:00 A.M.) to September 23, 2026 (5:00 P.M.)
Ordinary Business
Item 1: Adoption of Financial Statements
To receive, consider and adopt the audited financial statements as at March 31, 2026, containing:
- Audited Balance Sheet as at March 31, 2026
- Statement of Profit & Loss
- Cash Flow Statement
- Statement of changes in equity
- Notes on accounts
- Reports of Board of Directors and Auditors
Item 2: Re-appointment of Director
- Director: Mr. Sanjay Kumar Agarwal (DIN: 0023611)
- Current designation: Non-Executive Director, Non-Independent Director
- Nature: Retires by rotation and offers himself for re-appointment
- Resolution Type: Ordinary Resolution
Special Business
Item 3: Change in Designation of Director
- Director: Mr. Nilay Agrawal (DIN: 11252292)
- Current designation: Additional Independent Director
- Proposed designation: Regular Independent Director
- Appointment date: June 30, 2026
- Term: 5 consecutive years (from June 30, 2026 to June 29, 2031)
- Resolution Type: Special Resolution
- Background: Appointed by Board as Additional Director w.e.f. June 30, 2026 under category of Non-Executive Independent Director
- Qualifications: MBA, businessman and advertising professional with nearly 5 years of experience
- Shareholding: 0 shares in the company
- Outside directorships: Chamelidevi Flour Mills Ltd.
- Committee memberships: Audit Committee, Stakeholders' Relationship Committee, Nomination and Remuneration Committee of the company
Item 4: Approval for Related Party Transactions
- Regulatory reference: Regulation 23 of SEBI (LODR) Regulations, 2015 and SEBI Master Circular No. SEBI/HO/CFD/PoD-2/P/CIR/2026/13762/2026 dated January 30, 2026
- Purpose: To enter into transactions/contracts/arrangements with Related Parties in ordinary course of business
- Transaction types: Transfer of Resources including receiving/providing loans and advances
- Maximum amount: ₹50 Crores (Rupees Fifty Crores Only)
- Period: From date of 37th AGM up to date of 38th AGM (both days inclusive)
- Resolution Type: Ordinary Resolution
- Authorization: Board authorized to negotiate, finalize, execute, amend, renew, modify and/or terminate agreements
Related Parties Details (13 entities):
Corporate Entities:
1. Chameli Enterprises Private Limited
- Business: Real Estate
- Previous transactions (FY25-26): Loan Taken - ₹4.83 Lakhs, Loan Repaid - ₹4.9276 Lakhs, Interest Credit Received - ₹0.0976 Lakhs
- Proposed amount: ₹1 Crore
2. Chamelidevi Flour Mills Limited
- Business: Floor Mill
- Shareholding in AFL: 19.30%
- Financial performance (FY25-26): Turnover - ₹192 crore, PAT - ₹7.72 crore, Net worth - ₹57.27 crore
- Proposed amount: ₹15 Crore
3. Commander Industries Private Limited
- Business: Floor Mill
- Shareholding in AFL: 7.05%
- AFL shareholding in CIPL: 24.63%
- Financial performance (FY25-26): Turnover - ₹159.6 crore, PAT - ₹1.80 crore, Net worth - ₹77.69 crore
- Proposed amount: ₹15 Crore
4. Sanjana Cold Storage Private Limited
- Business: Cold storage
- Proposed amount: ₹1 Crore
5. Agarwal Dal Mills Private Limited
- Business: Dal mill and basen mill
- Shareholding in AFL: 9.83%
- Financial performance (FY25-26): Turnover - ₹0.1787 crore, PAT - ₹0.0984 crore, Net worth - ₹4.50 crore
- Proposed amount: ₹1 Crore
6. Darpan Farms And Plantations Private Limited
- Business: Real Estate
- Shareholding in AFL: 9.27%
- Financial performance (FY25-26): Turnover - ₹0.1516 crore, PAT - (₹0.0441) crore, Net worth - ₹1.66 crore
- Proposed amount: ₹10 Crore
7. Deepesh Farms & Plantations Private Limited
- Business: Agriculture
- Shareholding in AFL: 9.64%
- Financial performance (FY25-26): Turnover - ₹0.1692 crore, PAT - ₹0.0865 crore, Net worth - ₹2.06 crore
- Proposed amount: ₹1 Crore
8. Ninki Business Combines Private Limited
- Business: Floor Mill
- Financial performance (FY25-26): Turnover - ₹0.1924 crore, PAT - ₹0.1054 crore, Net worth - (₹0.1174) crore
- Proposed amount: ₹0.50 Crore
9. Nakhrali Dhani Village Resort LLP
- Proposed amount: ₹0.50 Crore
10. Nakhrali Dhani Rajwadi Marriage Garden LLP
- Proposed amount: ₹1 Crore
11. Balaji Real City LLP
- Business: Real estate Business
- Proposed amount: ₹1 Crore
Individual Entities:
12. Shri Sanjay Kumar Agarwal
- Proposed amount: ₹1 Crore
13. Shri Durgesh Agarwal
- Shareholding in AFL: 3.88%
- Financial performance (FY25-26): Turnover - ₹4.45 crore, Net Profit - ₹0.3838 crore, Net worth - ₹7.84 crore
- Proposed amount: ₹1 Crore
14. Smt Meena Agarwal
- Previous transactions (FY25-26): Loan Taken - ₹18.91 Lakhs, Loan Repaid - ₹19.3691 Lakhs, Interest Credit Received - ₹0.4591 Lakhs
- Proposed amount: ₹1 Crore
Item 5: Approval under Section 186 for Loans, Guarantees and Securities
- Purpose: Making loans, giving guarantees, providing securities in connection with loans, and making acquisitions of securities of other body corporate
- Maximum limit: ₹50,00,00,000/- (Rupees Fifty Crore Only) at any point of time
- Authorization: Board authorized to determine amount, tenure, rate of interest, security, repayment schedule and other terms
- Compliance: Board to ensure compliance with Section 186 of Companies Act, 2013
- Resolution Type: Special Resolution
Voting Arrangements
- Scrutinizer: CS Mohd. Raees Sheikh, Practicing Company Secretary (M.No. F6841 & C.P. No. 26061)
- E-voting service provider: Central Depository Services Limited (CDSL)
- Cut-off date: September 17, 2026
- Remote e-voting period: September 21, 2026 (9:00 A.M.) to September 23, 2026 (5:00 P.M.)
- Voting rights: Proportional to paid-up equity share capital as on cut-off date
Additional Information
- Annual Report availability: On company website (https://anjanifin.com), BSE website (www.bseindia.com), and NSDL website (https://www.evoting.cdsl.com/)
- RTA: MUFG Intime India Private Limited (formerly LINK INTIME INDIA PVT LTD.)
- Company registration: CIN: L65910MP1989PLC032799
- Compliance officer: Utsav Agrawal, Company Secretary & Compliance Officer (ACS:76695)
Financial Impact
- The related party transactions approval seeks authorization for up to ₹50 crores in aggregate
- The Section 186 approval seeks authorization for loans, guarantees, and securities up to ₹50 crores outstanding at any point
- Specific financial impact of individual transactions not quantified in the disclosure