Meeting Details

  • Date: Tuesday, 29th September 2026
  • Time: 04:00 P.M. (IST)
  • Location: Held through Video Conferencing (VC)/Other Audio-Visual Means (OAVM)
  • Type of Meeting: 14th Annual General Meeting (AGM)
  • Deemed Venue: Registered Office of the Company (Office No. 710 Naurang House, KG Road, Connaught Place, New Delhi -110001)

Proposed Resolutions and Implications

Ordinary Business

1. Adoption of Financial Statements: Ordinary Resolution to consider and adopt the audited standalone financial statements for the financial year ended 31st March 2026, comprising the Balance Sheet, Statement of Profit & Loss, cash flow statement, along with Directors' Report and Auditors' Report.

2. Declaration of Dividend: Ordinary Resolution to declare a final dividend of Rs. 0.2/- (10%) per Equity Share of face value Rs. 2/- each for the financial year ended 31st March 2026, as recommended by the Board of Directors.

3. Re-appointment of Director: Ordinary Resolution to re-appoint Mr. Dhaval Jitendra Kumar Mistry (DIN: 03411290), who retires by rotation and is eligible for re-appointment.

Special Business

4. Amendment of Memorandum of Association: Special Resolution to amend the Object Clause of the E-Memorandum of Association by adding 14 new sub-clauses to enable the company to diversify into digital payment and financial technology businesses. The new proposed business activities include:

  • Issuing, operating, and managing Prepaid Payment Instruments (PPIs) as per RBI guidelines
  • Operating as a Bharat Bill Payment Operating Unit (BBPOU) under the BBPS framework
  • Providing technology infrastructure for Unified Payments Interface (UPI) and digital payment systems
  • Issuing and managing debit cards, credit cards, and prepaid cards
  • Acting as a Third-Party Application Provider (TPAP) in the UPI ecosystem
  • Developing technology platforms for payment processing
  • Providing value-added services including billing, fraud detection, and risk management
  • Managing point-of-sale (POS) devices and QR code systems
  • Facilitating domestic and cross-border payment solutions
  • Acting as service provider for banks and financial institutions
  • Entering partnerships with financial service providers
  • Facilitating merchant financing and BNPL solutions in collaboration with regulated lenders
  • Providing data analytics and cybersecurity services
  • Undertaking collection and disbursement services
  • Establishing customer support and compliance systems

The Board of Directors is authorized to take all necessary actions to implement this resolution without requiring further member approval.

Voting Process and Methods

The company is providing facility for remote e-Voting through National Securities Depository Limited (NSDL) in compliance with Section 108 of the Companies Act, 2013, Rule 20 of the Companies (Management and Administration) Rules, 2014, Secretarial Standard SS-2, and Regulation 44 of SEBI LODR Regulations 2015.

  • Remote e-Voting Period: Begins on September 26, 2026, at 09:00 A.M. and ends on September 28, 2026, at 05:00 P.M.
  • Record Date: September 22, 2026 (cut-off date for determining voting rights)
  • Voting Rights: Proportional to shareholding in paid-up equity share capital as of record date
  • Voting Methods: Remote e-voting before meeting AND e-voting during the AGM for those who haven't voted remotely
  • Proxy Voting: Not available for this virtual AGM

Shareholder Participation Details

  • Members can join the AGM via VC/OAVM 30 minutes before scheduled commencement
  • Facility available for first 1000 members on first-come-first-served basis (excludes large shareholders holding 2%+, promoters, institutional investors, directors, KMPs, committee chairpersons, and auditors)
  • Attendance through VC/OAVM counts for quorum purposes under Section 103 of Companies Act, 2013
  • Members who vote through remote e-voting can attend the AGM but cannot vote again during the meeting

Scrutinizer Arrangements

The Scrutinizer for the voting process is not explicitly named in this notice, but institutional shareholders are instructed to send scanned copies of Board Resolutions/Authority letters to chetanpatelcs@gmail.com with copy to evoting@nsdl.com. They can also upload these documents through the "Upload Board Resolution / Authority Letter" feature in their e-voting login.

Compliance with Laws and Regulations

The AGM is being convened in compliance with:

  • MCA General Circular dated September 22, 2025, and subsequent circulars regarding virtual meetings
  • Companies Act, 2013 and rules made thereunder
  • SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015
  • SEBI Circular No. SEBI/HO/CFD/CFDPoD-2/P/CIR/2024/133 dated October 3, 2024
  • Secretarial Standard on General Meetings (SS-2) issued by ICSI

The notice and annual report have been dispatched electronically in compliance with Regulation 36(1) of Listing Regulations.

Signatories and Company Information

  • Submitted by: Abhilasha Ghumelia, Company Secretary (M No. 78351)
  • Company CIN: L74110DL2011PLC221111
  • Contact Email: secretarial@gvpinfotech.com
  • Contact Numbers: 079-26566588/011-41562293

Additional Information

  • The explanatory statement pursuant to Section 102 of Companies Act, 2013 is provided for the special business
  • Director details for re-appointment are provided as required by Regulation 36(3) of SEBI LODR Regulations
  • Mr. Dhaval Jitendra Kumar Mistry holds 13,76,51,590 shares as Trustee of Linkstar Trust as of March 31, 2026
  • He attended 9 board meetings during the year and receives remuneration of ₹50,000
  • The notice is available on company website, NSE website, and NSDL e-voting platform