AGM Details

  • Meeting Date: Monday, September 28, 2026 at 4:00 PM (IST)
  • Mode: Video Conference ('VC') / Other Audio Visual Means ('OAVM')
  • Cut-off Date for Voting: Monday, September 21, 2026
  • E-voting Period: September 24, 2026 (9:00 AM) to September 27, 2026 (5:00 PM)

Ordinary Business Items

1. Adoption of Audited Financial Statements

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 Reports of Board of Directors and Auditors.

2. Re-appointment of Director Retiring by Rotation

  • Director: Shri Divy Dangi (DIN: 08323807)
  • Nature: Retires by rotation and offers himself for re-appointment
  • Resolution Type: Ordinary Resolution

Special Business Items

3. Borrowing Powers Approval under Section 180(1)(c)

  • Amount: ₹5,000 Crores (Rupees Five Thousand Crores)
  • Purpose: To borrow money through various instruments including loans, facilities, financial assistance, debentures, commercial papers, syndicated loans
  • Currency: Indian Rupee or any other permissible foreign currency
  • Security: Secured or unsecured, in India or abroad
  • Resolution Type: Special Resolution

4. Creation of Charges/Mortgages under Section 180(1)(a)

  • Amount: ₹5,000 Crores (matching borrowing limit)
  • Assets Covered: All immovable and movable properties, tangible or intangible assets, both present and future
  • Purpose: To secure rupee/foreign currency loans and issue of debentures/securities
  • Resolution Type: Special Resolution

5. Material Related Party Transactions with Mentor Capital Limited

  • Related Party: Mentor Capital Limited (Promoter Company controlled by Mrs. Alpana Dangi)
  • Relationship: Promoter company holding 3.51% direct stake in Authum
  • Transaction Types: Borrowings/loan transactions and rent payable for office premises
  • Maximum Value: ₹5,000.20 Crores (₹5,000 crores for loans + ₹0.20 crores for rent)
  • Period: From 44th AGM date to 45th AGM date in 2027
  • Previous FY Transactions (2025-26): Loan taken ₹3,047.20 crores, Loan repaid ₹2,657.13 crores, Interest expense ₹47.06 crores, Rent expense ₹0.11 crores, Issue of preference shares ₹2,050 crores
  • Current FY Transactions (Apr-Jun 2026): Loan taken ₹2.90 crores, Loan repaid ₹19.50 crores, Interest expense ₹8.10 crores
  • Resolution Type: Ordinary Resolution

6. Material Related Party Transactions with India SME ARC

  • Related Party: India SME Asset Reconstruction Company Limited (Subsidiary, 88.37% owned by Authum)
  • Transaction Types: Lending/ICD, leasing office premises, investment in securities including security receipts
  • Maximum Value: ₹2,010 Crores (₹1,000 crores lending + ₹10 crores leasing + ₹1,000 crores investment)
  • Period: From 44th AGM date to 45th AGM date in 2027
  • Previous FY Transactions (2025-26): Rent income ₹0.05 crores
  • Current FY Transactions (Apr-Jun 2026): Rent income ₹0.02 crores, Purchase of security receipts ₹52.80 crores
  • Resolution Type: Ordinary Resolution

7. Material Related Party Transactions with Trusts of India SME ARC

  • Related Parties: Trust 11, 12, 13 & 14 of India SME ARC
  • Transaction Type: Subscription/Investment to Security Receipts of each Trust
  • Maximum Values: ₹800 Crores per Trust, ₹3,200 Crores aggregate for all four Trusts
  • Period: From 44th AGM date to 45th AGM date in 2027
  • Resolution Type: Ordinary Resolution

8. Re-appointment of Mr. Rahul Bagaria as Independent Director

  • DIN: 06611268
  • Current Term: August 01, 2022 to July 31, 2027
  • Proposed Term: Second term of 5 years from August 01, 2027 to July 31, 2032
  • Qualifications: Chartered Accountant, Certified Forensic Auditor
  • Experience: 14+ years in taxation, corporate law, accounting standards, audit and financial advisory
  • Current Directorships: India Pesticides Limited (listed), Mentor Capital Limited, Invara Precision Technologies Private Limited, Open Elite Developers Limited
  • Resolution Type: Special Resolution

9. Re-appointment of Mr. Haridas Bhat as Independent Director

  • DIN: 09691308
  • Current Term: August 01, 2022 to July 31, 2027
  • Proposed Term: Second term of 5 years from August 01, 2027 to July 31, 2032
  • Qualifications: B.Com, Chartered Accountant
  • Experience: 40+ years as practicing Chartered Accountant, specialization in Income Tax matters
  • Shareholding: 7,500 equity shares in Authum
  • Resolution Type: Special Resolution

Voting Arrangements

  • E-voting Agency: Central Depository Services (India) Limited (CDSL)
  • Scrutinizer: Mr. Mayank Arora, Practicing Company Secretary (FCS 10378 & CP 13609)
  • Results Declaration: Within 48 hours of AGM conclusion
  • Voting Rights: Based on paid-up value of equity shares registered as on cut-off date

Document Availability

  • Company Website: https://www.authum.com/admin/uploads/44th%20AGM%20Notice.pdf
  • Stock Exchange Websites: BSE (www.bseindia.com) and NSE (www.nseindia.com)
  • CDSL Website: www.evotingindia.com

Key Financial Figures Mentioned

  • Total Borrowing Limit Sought: ₹5,000 crores
  • Total RPT Value with Mentor Capital: ₹5,000.20 crores
  • Total RPT Value with India SME ARC: ₹2,010 crores
  • Total RPT Value with Trusts: ₹3,200 crores
  • Aggregate RPT Value: ₹10,210.20 crores

Corporate Structure

  • Corporate Office: The Ruby, 11th Floor, North-West Wing, Plot 29, Senapati Bapat Marg, Dadar (W), Mumbai - 400028
  • Registrar & Share Transfer Agent: Maheshwari Datamatics Private Limited