EGM Details

The First Extraordinary General Meeting (01/2026-27) of Interactive Financial Services Limited is scheduled to be held on Saturday, August 08, 2026 at 04:00 P.M. IST through Video Conferencing (VC)/Other Audio Visual Means (OAVM).

Business Items to be Transacted

Item No. 1: Increase in Authorized Share Capital (Ordinary Resolution)

  • Proposal to increase authorized share capital from existing ₹8,00,00,000 (Rupees Eight Crores Only) divided into 80,00,000 (Eighty Lakh) Equity Shares of ₹10 each to ₹70,00,00,000 (Rupees Seventy Crores Only) divided into 7,00,00,000 (Seven Crore) Equity Shares of ₹10 each
  • Creation of additional 6,20,00,000 (six crore twenty lakh) Equity Shares of ₹10 each
  • Requires consequential alteration in Clause V of Memorandum of Association
  • Approval required under Sections 13, 61, 64 and other applicable provisions of Companies Act, 2013

Item No. 2: Increase in Borrowing Limits (Special Resolution)

  • Proposal to increase borrowing limits to ₹50 crores (Rupees Fifty Crore Only)
  • Supercedes all previous resolutions passed under Section 180(1)(c), 180(2) of Companies Act, 2013
  • Includes non-fund based banking facilities
  • Borrowing may be from banks, financial institutions, and other persons/firms/bodies corporate in India or abroad

Item No. 3: Sale/Lease/Disposal of Undertaking (Special Resolution)

  • Enabling resolution for potential sale, lease, transfer, assignment, mortgage, charge creation, hypothecation, pledge or disposal of whole or substantially whole of company's undertaking
  • Covers movable/immovable, tangible/intangible, present/future assets
  • Pursuant to Section 180(1)(a) of Companies Act, 2013
  • Subject to applicable SEBI LODR Regulations, 2015 and other approvals

Item No. 4: Alteration of Articles of Association (Special Resolution)

  • Proposal to replace existing Article 6 with new Article 6 relating to 'Increase, Reduction and Alteration of Capital'
  • Aligns with provisions of Companies Act, 2013
  • Provides comprehensive provisions for various capital alteration actions
  • Requires approval under Section 14 of Companies Act, 2013

Voting Arrangements

  • Remote e-voting period: Wednesday, August 05, 2026 at 09:00 A.M. IST to Friday, August 07, 2026 at 05:00 P.M. IST
  • Record date for voting eligibility: Saturday, August 01, 2026
  • E-voting facilitated through NSDL platform
  • Physical proxy voting not available due to virtual meeting format
  • Members can also vote during EGM through e-voting system

Meeting Participation

  • Meeting conducted through VC/OAVM in compliance with MCA Circulars
  • Members can join 15 minutes before and after scheduled commencement time
  • Facility available for 1000 members on first-come-first-served basis (excludes large shareholders, promoters, institutional investors, directors, KMPs, committee chairpersons, auditors)
  • Institutional shareholders must send authorization documents to scrutinizer

Scrutinizer Appointment

  • Ms. Insiya Nalawala, Practicing Company Secretary (FCS 13422), appointed as scrutinizer
  • Scrutinizer's report to be submitted within two working days after meeting
  • Results to be placed on company website, stock exchange website, and NSDL website within 48 hours of resolution passing

Document Availability

  • Notice and related documents available on company website: www.ifinservices.in
  • Also available on NSE website: www.nseindia.com and NSDL website: www.evoting.nsdl.com
  • Documents open for inspection at registered office during business hours