AGM Details

The 33rd Annual General Meeting of Ashika Global Securities Limited is scheduled to be held on Saturday, 19th September 2026 at 11:30 AM IST through Video Conferencing (VC)/Other Audio Visual Means (OAVM).

Ordinary Business Agenda

1. To receive, consider, and adopt the Audited Annual Financial Statements (Standalone and Consolidated) for FY ended 31st March 2026, together with Reports of Board of Directors and Auditors.

2. To declare a final dividend of ₹0.50 per equity share (face value ₹10 each) for FY 2025-2026.

3. To reappoint Mr. Amit Jain (DIN: 00040222) as Director, who retires by rotation and is eligible for reappointment.

4. To appoint M/s. J K V S & Co, Chartered Accountants (Firm Registration No. 318086E) as Statutory Auditors for a period of three years, from the conclusion of the 33rd AGM until the conclusion of the 36th AGM, at a remuneration to be mutually agreed upon by the Board and the auditors. The proposed audit fee for FY 2026-27 is ₹18 Lakh, exclusive of taxes and out-of-pocket expenses.

Special Business Agenda

5. To approve raising of funds up to ₹1,000 Crores via Qualified Institutional Placement (QIP) or any other permissible mode (Further Public Offer, Rights Issue, Private Placement). The resolution seeks to issue eligible securities (equity shares, convertible securities, warrants, ADRs, GDRs, etc.) to eligible investors, including Qualified Institutional Buyers (QIBs), in one or more tranches.

  • Objects of the Issue: Funding organic/inorganic growth, strategic initiatives, investments in subsidiaries, prepayment/repayment of borrowings, working capital requirements, capital expenditure, and general corporate purposes.
  • Key Terms:
  • Allotment to be completed within 365 days from the date of passing the special resolution.
  • Securities allotted under QIP shall be locked in for one year from the date of allotment.
  • Pricing to be not less than the QIP floor price as per ICDR Regulations, with a discount of up to 5% permitted.
  • No single allottee shall receive more than 50% of the issue size; minimum 10% allocation to mutual funds.
  • Tenure of convertible securities not to exceed 60 months.

Record Date and Book Closure

  • Record Date for dividend eligibility: Saturday, 12th September 2026.
  • Book Closure Period: From Sunday, 13th September 2026 to Saturday, 19th September 2026 (both days inclusive).
  • Dividend payment to be made by 18th October 2026, subject to TDS.

Remote E-Voting Details

  • Remote E-Voting Period: Opens on Wednesday, 16th September 2026 at 9:00 AM IST and closes on Friday, 18th September 2026 at 5:00 PM IST.
  • Cut-off Date for Voting Eligibility: Saturday, 12th September 2026.
  • E-voting to be conducted through NSDL.

Other Key Information

  • The AGM will be held virtually in compliance with MCA circulars.
  • Physical attendance and proxy appointments are dispensed with.
  • The notice and annual report are available on the company's website and stock exchange portals.
  • Members are urged to update KYC details, including PAN, bank account, and nomination information, to avoid dividend-related issues.
  • Unclaimed dividends for seven years will be transferred to the Investor Education and Protection Fund (IEPF).

Financial Impact

  • Dividend payout amount not quantified in the disclosure.
  • Fundraising of up to ₹1,000 Crores may lead to equity dilution or debt issuance, subject to market conditions and approvals.

Voting and Participation

  • Members can participate via VC/OAVM and vote electronically.
  • Questions for the AGM must be submitted by 5:00 PM on 12th September 2026.
  • Registration as a speaker for the AGM is required between 9th September 2026 and 12th September 2026.