Meeting Details
Date: Tuesday, 22nd September, 2026
Time: 11:00 A.M.
Location: Conducted through Video Conferencing ('VC') or Other Audio-Visual Means ('OAVM')
Type of Meeting: 38th Annual General Meeting
Compliance Framework
The meeting was held in compliance with:
- Companies Act, 2013
- SEBI (Listing Obligations and Disclosures Requirements) Regulations, 2015
- MCA General Circular no. 03/2025 dated 22nd September, 2025
- MCA Circular no. 20/2020 dated 5th May, 2020
- MCA Circular No. 17/2020 dated 13th April, 2020
- MCA Circular no. 14/2020 dated 8th April, 2020
Attendees
Directors Present:
- Mr. Dilip Modi (Chairman)
- Mr. Mrutyunjay Mahapatra
- Mr. Ram Nirankar Rastogi
- Mr. Pankaj Vaish
Directors Absent (due to personal exigencies):
- Mr. Ramesh Venkataraman
- Ms. Veena Vikas Mankar
Management Present:
- Mr. Pankaj Arora, Whole-time Director and Company Secretary
- Mr. Sanjeev Kumar, Chief Financial Officer
Subsidiary Representatives:
- Mr. Sunil Kumar Kapoor, Whole-time Director of Spice Money Limited (material subsidiary)
- Mr. Amit Gupta, Chief Financial Officer of Spice Money Limited
Auditors Present:
- Representatives of Statutory Auditors
- Representatives of Secretarial Auditors
Resolutions Considered
Four resolutions were tabled for voting:
| Sr. No. | Particulars | Type |
| 1 | To receive, consider and adopt: a) the Audited Standalone Financial Statements for the financial year ended March 31, 2026 along with the Board of Directors' and Auditors' Report thereon; b) the Audited Consolidated Financial Statements for the financial year ended March 31, 2026 and the Auditors' Report thereon | Ordinary |
| 2 | To consider and appoint a Director in place of Mr. Dilip Kumar Modi (DIN: 00029062), Non-Executive Director, who retires by rotation and being eligible, offers himself for re-appointment | Ordinary |
| 3 | To consider and approve the appointment of Mr. Pankaj Arora (DIN: 11847526) as a Whole-time Director of the Company | Ordinary |
| 4 | To consider and approve one-time ex-gratia payment to Mr. Rohit Ahuja (DIN: 00065417) | Special |
Voting Process
Methods Used: Remote e-voting and e-voting during the meeting
Service Provider: National Securities Depository Limited (NSDL)
Voting Window: E-voting facility was kept open until 15 minutes after the conclusion of the meeting
Scrutinizer Appointment
Mr. Kapil Dev Taneja, Company Secretary in whole-time practice (Membership No. F4019), or failing him Mr. Neeraj Arora, Company Secretary in whole-time practice (Membership No. F10781), Partners of M/s Sanjay Grover & Associates, Company Secretaries, were appointed as Scrutinizer to ensure fair and transparent voting process.
Auditor Reports
It was confirmed that:
- Auditors Reports on standalone and consolidated financial statements contained no qualifications or adverse observations
- Secretarial Auditors Report contained no qualifications or adverse observations
- Therefore, these reports were not required to be read out during the meeting
Shareholder Engagement
Members who expressed intent via email were provided opportunity to share views and ask questions during the meeting. All questions were replied satisfactorily by the Chairman.
Meeting Timeline
Start Time: 11:00 A.M.
Conclusion Time: 11:55 A.M.
Duration: 55 minutes
Results Announcement
The results of remote e-voting and e-voting at the AGM were to be announced within two working days from the conclusion of the meeting. The document does not contain the actual voting results.
Important Note
The document explicitly states that these proceedings "do not purport to be or constitute the minutes of the proceedings of the AGM of the Company."