Asia Capital Limited has issued notice for its 42nd Annual General Meeting (AGM) to be held on Saturday, September 19, 2026, at 09:00 A.M. at the registered office of the Company at 203, Aziz Avenue, CTS-1381, Near Railway Crossing Vallabhbhai Patel Road, Vile Parle (W), Mumbai - 400056.

The cut-off date for determining members entitled to vote at the AGM is Friday, September 11, 2026. The remote e-voting period will commence on Wednesday, September 16, 2026 (9:00 A.M.) and end on Friday, September 18, 2026 (5:00 P.M.).

Business to be Transacted

ORDINARY BUSINESS:

1. Adoption of Financial Statements: To receive, consider and adopt the Audited Financial Statements of the Company for the financial year ended March 31, 2026, including the Audited Balance Sheet as at March 31, 2026, and Statement of Profit and Loss for the financial year ended on that date together with the Reports of the Auditors and Board of Directors thereon.

2. Appointment of Director: To appoint a director in place of Mr. Devendrasingh Ramola (DIN: 08102252), who retires by rotation and being eligible offers himself for re-appointment.

SPECIAL BUSINESS:

3. Approval of Borrowings: To consider and approve borrowing of monies which may exceed the aggregate of paid-up capital and free reserves, with total outstanding amount not exceeding ₹100.00 Crore (Rupees One Hundred Crore Only) at any point of time. This requires a Special Resolution under Section 180(1)(c) of the Companies Act, 2013.

4. Appointment of Secretarial Auditor: To consider and approve the appointment of Mr. Anand Khandelia, Practicing Company Secretaries (Peer Review No. 3985/2023), as Secretarial Auditor for a period of five years from the conclusion of the 42nd AGM till the conclusion of the 47th AGM (financial years 2026-27 through 2030-31). Remuneration to be mutually agreed between the Board and the auditor.

Additional Information

The company has appointed Advocate Sanjay Kumar Lalit as Scrutinizer for the e-voting process. The results of the voting will be placed on the company's website www.asiacapital.in and forwarded to stock exchanges.

Members holding shares in physical form are requested to correspond with the company's RTA, Indus Shareshree Private Limited (formerly known as Indus Portfolio Private Limited) at G-65, Bali Nagar, New Delhi-110015.

The notice, proxy form, attendance slip, and annual report are being sent to all members. These documents are also available on the company's website.

Explanatory Statements

  • For Item No. 3 (Borrowings): The company requires borrowing flexibility for business expansion and project funding needs that may exceed statutory limits under Section 180(1)(c).
  • For Item No. 4 (Secretarial Auditor): The appointment is mandated under Regulation 24A of SEBI LODR Regulations for a five-year term. Mr. Khandelia has given consent and holds a valid peer review certificate.

None of the Directors and Key Managerial Personnel of the Company or their relatives are concerned or interested in the proposed resolutions.