Goenka Business & Finance Declares 5% Final Dividend

Key Quantitative Figures

• Final dividend: 5% i.e. ₹0.50 (fifty paisa) per equity share of ₹10 each for financial year 2025-26
• Proposed audit fees for V S S B & Associates: ₹150,000 plus applicable taxes and out-of-pocket expenses for FY 2026-27
• Yasin Gori's remuneration: ₹11,00,000 for year 2025-26
• Sitting fees for independent directors: ₹60,000 each

Dates of Action

• Board meeting date: 19th September 2026 (1:00 PM to 1:20 PM)
• AGM date: Tuesday, 29th September 2026 at 11:00 AM IST
• Remote e-voting period: 26th September 2026 (9:00 AM) to 28th September 2026 (5:00 PM)
• Record date/cut-off date: 23rd September 2026
• Charmi Parikh's current term expires: 6th December 2026
• Proposed second term for Charmi Parikh: 7th December 2026 to 6th December 2031
• Atul Sheth's appointment period: 26th May 2026 to 25th May 2031

Parties Involved

• Stock Exchanges: BSE Limited, Metropolitan Stock Exchange of India Limited, The Calcutta Stock Exchange
• Statutory Auditor: M/s V S S B & Associates, Chartered Accountants (ICAI Firm Registration No. 121356W)
• Previous Auditor: M/s M A A K & Associates
• Scrutinizer: Ms. Aanal Satyawadi (Membership Number FCS 9505), Practicing Company Secretaries
• e-Voting Service Provider: National Securities Depository Limited (NSDL)
• Directors: Mr. Yasin Gori (Whole Time Director, DIN: 08221979), Ms. Charmi Parikh (Independent Director, DIN: 09421573), Mr. Atul Sheth (Independent Director, DIN: 09698574)

Purpose and Rationale

The Board meeting was convened to approve and recommend a final dividend for FY 2025-26 and subsequently revise the AGM notice to include this as an additional agenda item. The change in statutory auditor is proposed as the term of the previous auditor is expiring, and the Board evaluated factors including industry experience, competency, and independence before recommending V S S B & Associates.

AGM Business Items

Ordinary Business:

1. Adoption of financial statements for FY ended March 31, 2026 with directors and auditors reports

2. Re-appointment of Mr. Yasin Gori who retires by rotation

3. Appointment of M/s V S S B & Associates as Statutory Auditors for 5 years

4. Declaration of final dividend of ₹0.50 per equity share for FY 2025-26

Special Business:

5. Re-appointment of Ms. Charmi Parikh as Independent Director for second term (7th December 2026 to 6th December 2031)

6. Confirmation of Mr. Atul Sheth's appointment as Independent Director (26th May 2026 to 25th May 2031)

Governance Details

• The AGM will be conducted through Video Conferencing/Other Audio Visual Means (VC/OAVM)
• Registered office deemed as venue for AGM
• Physical attendance dispensed with as per MCA circulars
• Remote e-voting facility provided through NSDL
• Members must register as speakers by 25th September 2026 to ask questions during AGM
• Quorum will be counted for members attending through VC/OAVM
• Proxy facility not available for this AGM

Director Details

• Mr. Yasin Gori: Whole Time Director, appointed 19.09.2018, Graduate, attended 6 out of 6 board meetings in 2025-26
• Ms. Charmi Parikh: Independent Director, Company Secretary with Master of Business in Finance, 5+ years experience in secretarial and legal departments
• Mr. Atul Sheth: Independent Director, Chartered Accountant (Membership No. 045358), experience in accounting, finance, taxation, and corporate advisory

Auditor Information

M/s V S S B & Associates is a peer-reviewed firm with partners having over 15 years of experience in IT MNC and FMCG company finance departments. The firm has consented to appointment and confirmed they meet eligibility criteria without any disqualifications.