Aye Finance Limited

Meeting Details

The 33rd Annual General Meeting was held on Tuesday, September 1, 2026, through Video Conferencing/Other Audio-Visual Mode (VC/OAVM). The meeting commenced at 11:30 AM IST and concluded at 12:28 PM IST, including an additional 15 minutes allocated for e-voting after the AGM ended. The deemed venue was the Registered Office of the Company.

Resolutions Proposed

The following six resolutions were proposed for shareholder approval:

Ordinary Resolutions:

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

2. To appoint a Director in place of Mr. Aditya Misra (DIN: 09376632) who retires by rotation and offers himself for re-appointment

3. Appointment of the Statutory Auditors of the company

4. To approve increase in the borrowing limit of the Company from ₹8,000 crores to ₹10,000 crores under Section 180(1)(c) of the Companies Act, 2013

Special Resolutions:

5. To approve creation of charges on the assets of the Company under Section 180(1)(a) of the Companies Act, 2013 to secure borrowings made/to be made by the Company under Section 180(1)(c) of the Companies Act, 2013

6. To approve issuance of Non-Convertible Debentures in one or more tranches on Private Placement basis

Voting Process and Methods

The Company provided facility for all members to exercise their votes through remote e-voting system provided by CDSL. The remote e-voting period commenced on Saturday, August 29, 2026, and concluded on Monday, August 31, 2026. Members present at the meeting who had not cast their vote through remote e-voting were eligible to vote through e-voting facility during the meeting, which was opened for 15 minutes from the end of the meeting.

Key Participants

Directors Present:

  • Dr. Govinda Rajulu Chintala (Chairperson of the Board, Independent Director, and Chairperson of Audit Committee & Stakeholders Relationship Committee)
  • Mr. Sanjay Sharma (Managing Director)
  • Ms. Kanika Tandon Bhal (Independent Director and Chairperson of Nomination & Remuneration Committee)
  • Ms. Padmaja Nair (Independent Director)
  • Mr. Sanjaya Gupta (Independent Director, Chairperson of Risk Management Committee & IT Strategy Committee)
  • Mr. Aditya Misra (Non-Executive & Non-Independent Director)

Directors Absent:

  • Mr. Vinay Baijal (Independent Director) - unable to join due to other preoccupation

Management Present:

  • Mr. Gaurav Seth (Chief Financial Officer)
  • Mr. Niraj Kumar Kaushik (Deputy Chief Executive Officer)
  • Mr. Sovan Satyaprakash (Chief of Strategy & Investor Relations)
  • Mr. Ankur Sharma (Chief Human Resources Officer)
  • Mr. Anuj Jain (Company Secretary & Compliance Officer)

External Participants:

  • Representative from Statutory Auditors of the Company
  • Mr. Kapil Dev Taneja, Partner from M/s Sanjay Grover & Associates (Secretarial Auditors and Scrutinizer to the meeting)

Proceedings Overview

Mr. Anuj Jain, Company Secretary & Compliance Officer, welcomed members and briefed them on procedural matters for participation. The Chairperson confirmed that statutory registers and documents were made available for electronic inspection. The requisite quorum was present throughout the meeting.

Mr. Sanjay Sharma, Managing Director, addressed members and shared insights on the Company's business performance, key achievements, and future outlook. The AGM Notice dated July 22, 2026, explanatory statement, and annual report containing Auditors' Report along with Directors' Report were taken as read.

The Chairperson informed members that the Auditors Report on Financial Statements for FY26 contained no qualifications, and the Secretarial Auditors Report was self-explanatory requiring no further comments/clarification.

Members registered as speakers were invited to speak, and the Managing Director responded to queries and provided clarifications.

Scrutinizer and Results Reporting

The Scrutinizer, Mr. Kapil Dev Taneja from M/s Sanjay Grover & Associates, was present through video conferencing. The Chairperson informed that e-voting results along with the Scrutinizer's Report would be submitted to Stock Exchanges and uploaded on the Company's website not later than 2 working days from conclusion of the AGM. Mr. Anuj Jain was authorized to declare and submit the voting results and Scrutinizer's Report within prescribed timelines.

Compliance Confirmation

The meeting was conducted in compliance with applicable provisions of the Companies Act, 2013 read with Rules made thereunder and relevant circulars issued by the Ministry of Corporate Affairs and Securities and Exchange Board of India.