Company Overview

CP Capital Limited (formerly Career Point Limited, BSE: 533260 | NSE: CPCAP), a Base Layer NBFC registered with RBI, has convened its 26th Annual General Meeting on September 29, 2026, via video conference. The meeting agenda includes both ordinary and special business items requiring shareholder approval.

Key AGM Agenda Items

The company seeks approval for:

  • Reappointment of Mr. Pramod Kumar Maheshwari as Chairman, Managing Director & CEO for a 5-year term from July 2027 to June 2032, with a comprehensive remuneration package including ₹137,500 monthly basic salary, allowances, gratuity, bonus, and perquisites.
  • Adoption of audited standalone and consolidated financial statements for FY ended March 31, 2026, showing standalone turnover of ₹60.85 crore and consolidated turnover of ₹76.32 crore.
  • Approval of material related party transactions with 17 entities for the period from the 26th AGM until the 27th AGM in 2027.

Related Party Transactions Details

The company seeks omnibus approval for material RPTs exceeding the ₹7.63 crore materiality threshold (10% of consolidated turnover). The proposed transactions include:

Major Lending Facilities:

  • Soyug Limited: ₹120 crore facility at 13.20% interest (FY26 outstanding: ₹42.51Cr, FY25 turnover: ₹696.46Cr)
  • Career Point University, Kota: ₹50 crore facility at 13.20% interest (FY26 outstanding: ₹21.52Cr)
  • Career Point Edutech Limited: ₹150 crore reciprocal facility
  • Career Point University, Hamirpur: ₹30 crore facility at 13.20% interest
  • Shricon Industries Limited: ₹15 crore lending facility

Transaction Terms:

All facilities are unsecured, on commercial arm's length terms, with interest rates ranging from 13.20% to 15.00% for lending and 13.00% for borrowing. The facilities are revolving credit arrangements permitting multiple drawdowns and repayments during the approval period.

Financial Context and Justification

The proposed RPTs form part of the NBFC's ordinary course of business activities, enabling efficient deployment of financial resources to meet working capital requirements of group entities. The company emphasizes that all transactions are on commercial terms with no history of defaults among related parties.

Governance and Compliance

The disclosure is made pursuant to SEBI LODR Regulations, Companies Act 2013, and RBI NBFC Governance Directions. Remote e-voting will be conducted through NSDL from September 25-28, 2026, with results declared within two working days post-meeting.

Material Impact Assessment

The transactions are material relative to both the company's and counterparties' financials, with several exceeding 100% of the related parties' turnover. The company maintains these are necessary for business operations and resource optimization within the group structure.