Key Event Details

The 18th Annual General Meeting of Aryaman Capital Markets Limited is scheduled to be held on Wednesday, September 02, 2026, at 11:00 A.M. (IST). The meeting will be conducted entirely through Video Conference (VC) / Other Audio-Visual Means (OAVM) without a physical venue, in compliance with MCA and SEBI circulars. The deemed venue is the Registered Office of the Company at 60, Khatau Building, Ground Floor, Alkesh Dinesh Modi Marg, Fort, Mumbai – 400 001.

Ordinary Business Agenda

1. To receive, consider, and adopt the Audited Financial Statements of the company for the financial year ended March 31, 2026, along with the Reports of the Board of Directors and Auditors thereon.

2. To appoint a director in place of Mr. Shripal Shah (DIN: 01628855), who retires by rotation and, being eligible, offers himself for re-appointment.

Special Business Agenda

1. Appointment of Ronak Jain as an Independent Director

A Special Resolution is proposed to appoint Mr. Ronak Jain (DIN: 07128477) as an Independent Non-Executive Director of the Company. He was appointed as an Additional Director in this capacity with effect from July 31, 2026. The appointment is for a period of 5 (five) years, until July 31, 2031, and he shall not be liable to retire by rotation. The appointment is based on the recommendations of the Nomination & Remuneration Committee and the Board of Directors. He will be paid sitting fees for attending meetings, and his remuneration will be decided by the Board.

2. Approval of Material Related Party Transactions

An Ordinary Resolution is proposed to approve the company entering into material Related Party Transactions. The approval is sought for the Financial Year 2025-2026 and onwards, for transactions involving making loans, business advances, or inter-corporate deposits with the following related parties, each with a maximum value of ₹50 Crores per annum:

  • A. Holding Company: Aryaman Financial Services Limited
  • B. Sister Company: Aryaman Finance (India) Limited
  • C. Sister Company: Escorp Asset Management Limited
  • D. Ultimate Holding Company: Mahshri Enterprises Private Limited

The transactions are stated to be in the ordinary course of business and on an arm's length basis. The purpose is to support the business operations of these entities, and the company may also provide security via mortgage/hypothecation/pledge for loans these entities avail from term lenders.

Voting and Shareholder Information

  • Record Date: The Register of Members and Share Transfer Books will remain closed from Wednesday, August 26, 2026, to Tuesday, September 1, 2026.
  • Remote E-Voting: The remote e-voting period commences on Saturday, August 29, 2026 (9:00 A.M.) and ends on Tuesday, September 1, 2026 (5:00 P.M.). Voting will be conducted through the facilities of National Securities Depository Limited (NSDL).
  • Voting Rights: Voting rights are proportionate to the paid-up equity share capital held as of the record date (August 26, 2026).
  • Scrutinizer: Mr. Jigar Gandhi ([jigar.gandhi@jngandco.in](mailto:jigar.gandhi@jngandco.in)) is appointed as the Scrutinizer.
  • Results Declaration: The scrutinizer's report and voting results will be posted on the company's website (https://afsl.co.in/acml/index.php) and NSDL's website immediately after the AGM and forwarded to BSE Limited.

Director Details (Annexure A)

  • Mr. Shripal Shah (Age 41): Director retiring by rotation. Holds a BMS degree and is a CFA Charter Holder. Has over 17 years of experience in investments and finance. Holds 1 equity share in the company. He is the brother of Mr. Shreyas Shah.
  • Mr. Ronak Jain (Age 38): Proposed Independent Director. A qualified Chartered Accountant and Certified Information Systems Auditor (CISA) with over 13 years of experience in audit, taxation, and finance. Holds no shares in the company.