Authum 44th AGM Approves All Nine Resolutions

Meeting Details

• Type of Meeting: 44th Annual General Meeting
• Date: Monday, September 28, 2026
• Time: Commenced at 04:15 PM and concluded at 04:37 PM
• Mode: Conducted through Video Conference/Other Audio Visual Means (OAVM)
• Location: Virtual meeting with participants from various locations including Nariman Point, Sewri, Andheri, Mumbai, Lucknow, Chennai, and New Delhi.

Chairman and Participants

In the absence of Mr. Amit Dangi (Whole Time Director and Chairman of the Board), the directors present elected Mr. Akash Suri (Whole Time Director and CEO) as Chairman for the meeting, in compliance with Article 45 of the Articles of Association and the Companies Act, 2013.

Directors in Attendance:

• Mr. Akash Suri (Chairman, Whole Time Director & CEO) - via VC from Nariman Point
• Mr. Ajai Kumar (Independent Director) - Sewri, Mumbai
• Mr. Haridas Bhat (Independent Director) - Andheri, Mumbai
• Mrs. Asha Agarwal (Independent Director) - Andheri, Mumbai
• Mr. Rajeev RA (Independent Director) - Lucknow

Management Representatives & Invitees:

• Ms. Dipyanti Jaiswar (Company Secretary & Compliance Officer) - Nariman Point
• Mr. K V Srinivasan & Mr. Rajeev Ranjan (M/s. Maharaj N. R. Suresh & Co. LLP & Apas & Co. LLP, Joint Statutory Auditors) - Chennai & New Delhi
• Mr. Mayank Arora (Partner, Mayank Arora and Co., Secretarial Auditor and Scrutinizer) - Andheri

Absent Directors: Mr. Rahul Bagaria and Mr. Santosh Nayar (Independent Directors) could not attend due to personal exigencies.

Quorum and Proxy

• Quorum: 35 members attended the meeting.
• Proxy: As the AGM was held through VC/OAVM, the facility for appointment of proxies was not applicable, and no proxy register was maintained, in accordance with MCA circulars.

Resolutions Considered

Ordinary Business

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

2. To consider and approve the appointment of Mr. Divy Dangi (DIN: 08323807) as a director liable to retire by rotation.

Special Business

3. To approve Borrowing Powers under Section 180(1)(c) of the Companies Act, 2013, up to ₹5000 Crores.

4. Approval for creation of charges, mortgages, hypothecation on the immovable and movable assets of the Company under Section 180(1)(a) of the Companies Act, 2013.

5. Approval of Material Related Party Transactions with Mentor Capital Limited.

6. Approval of Material Related Party Transactions with India SME Asset Reconstruction Company Limited (ISARC).

7. Approval of Material Related Party Transactions with Trust 11, 12, 13 & 14 ("Trusts") of India SME Asset Reconstruction Company Limited (ISARC).

8. To re-appoint Mr. Rahul Bagaria (DIN: 06611268) as an Independent Director of the Company.

9. To re-appoint Mr. Haridas Bhat (DIN: 09691308) as an Independent Director of the Company.

Voting Process

• Remote E-voting Period: Commenced at 9:00 AM (IST) on Thursday, September 24, 2026, and ended at 5:00 PM (IST) on Sunday, September 27, 2026.
• Scrutinizer: Mr. Mayank Arora, proprietor of M/s. Mayank Arora and Co., Practicing Company Secretaries, was appointed to supervise the remote e-voting and e-voting process at the AGM.
• In-Meeting Voting: Members who joined through video conferencing and had not cast their vote via remote e-voting were provided the facility to vote through insta-poll e-voting at the AGM. They were given 10 minutes from the conclusion of the AGM to cast their votes.

Compliance and Additional Information

• The proceedings and webcast archive of the 44th AGM are available on the company's website at https://www.authum.com/investor.php.
• All registers, including the register of Directors' shareholding, register of contracts, and copies of audited financial statements, were available for inspection.
• The voting results and the Scrutinizer's Report will be submitted separately to the exchanges pursuant to Regulation 44(3) of SEBI LODR Regulations and Section 108 of the Companies Act, 2013.
• The meeting was conducted in compliance with circulars and guidelines issued by the Ministry of Corporate Affairs (MCA) and SEBI.