Interactive Financial Services Limited has issued notice for its 32nd Annual General Meeting (AGM) scheduled to be held on Tuesday, September 29, 2026 at 03:30 P.M. IST through Video Conferencing (VC) and Other Audio-Visual Means (OAVM). The notice is issued pursuant to Regulation 30 and 34(1) of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015.

AGM Agenda Items

Ordinary Business:

1. To receive, consider and adopt the Audited Financial Statements of the Company for the Financial Year ended March 31, 2026 and the Report of the Board of Directors and Auditors thereon. The resolution specifies adoption of Standalone Balance Sheet, Profit and Loss Accounts, cash flow statement, and Standalone Auditor's report with unmodified opinion.

2. To appoint a director in place of Mr. Mayur Rajendrabhai Parikh (DIN: 00005646), who retires by rotation and, being eligible, offers himself for re-appointment. Mr. Parikh is Executive Director and requires reappointment pursuant to Section 152 of the Companies Act, 2013.

Special Business:

3. To approve revision of remuneration of Mr. Pradip Ramprasad Sandhir (DIN: 06946411) Managing Director and CFO of the company. The resolution proposes increasing his remuneration from ₹18,00,000 per annum to up to ₹40,00,000 per annum (inclusive of salary, perquisites, benefits, incentives, and allowances) effective from financial year 2026-2027 for his remaining tenure.

4. To approve revision of remuneration of Mr. Mayur Rajendrabhai Parikh (DIN: 00005646) Executive Director of the company. The resolution proposes increasing his remuneration from ₹18,00,000 per annum to up to ₹40,00,000 per annum (inclusive of salary, perquisites, benefits, incentives, and allowances) effective from financial year 2026-2027 for his tenure.

Director Information

Mr. Mayur Rajendrabhai Parikh:

  • DIN: 00005646
  • Date of Birth: November 13, 1959 (67 years)
  • Date of joining Board: July 01, 2021
  • Qualification: Chartered Accountant
  • Expertise: Merchant Banking, Finance, Direct and Indirect Taxes
  • Shares held: 1,58,150
  • FY 2025-2026 Remuneration: ₹18.00 Lakhs
  • Board meeting attendance: Attended all Board meetings in FY 2025-2026
  • Previous directorships: Resigned from Bloom Dékor Limited and Amrapali Industries Limited in last three years

Mr. Pradip Ramprasad Sandhir:

  • DIN: 06946411
  • Age: 57 years
  • Position: Managing Director and CFO
  • Background: Managing Director entrusted with substantial management powers

Voting Arrangements

  • Remote e-voting period: September 26, 2026 (09:00 A.M.) to September 28, 2026 (05:00 P.M.) through NSDL
  • Record date (cut-off date): September 22, 2026
  • Voting rights proportional to shareholding as on record date
  • Members can vote electronically through NSDL e-Voting system using various login methods for demat and physical shareholders
  • Ms. Insiya Nalawala, Practicing Company Secretary, appointed as Scrutinizer
  • Results to be placed on company website (www.ifinservices.in), BSE website (www.bseindia.com), and NSDL website (www.evoting.nsdl.com) within 48 hours of AGM

AGM Conduct

  • Conducted through VC/OAVM pursuant to MCA General Circular No. 03/2025 dated September 22, 2025
  • Facility available for 1000 members on first-come-first-served basis (excluding large shareholders, promoters, institutional investors, directors, KMP, committee chairpersons, auditors)
  • Proxy appointment not available, but body corporates can appoint authorized representatives
  • Attendance through VC/OAVM counts for quorum under Section 103 of Companies Act, 2013

Additional Information

  • Annual Report 2025-26 sent electronically to members with registered email addresses
  • Physical copies available on request for members without registered email
  • Relevant documents available for inspection by emailing compliance@ifinservices.in

Explanatory Statements

The explanatory statements provide justification for the remuneration revisions, citing increased responsibilities, experience, contribution, and alignment with industry standards. Both resolutions include provisions for minimum remuneration in case of inadequacy of profits, subject to Schedule V compliance.