Outcome of the Extra-Ordinary General Meeting

Meeting Details

The Extra-Ordinary General Meeting (EOGM) of Kanungo Financiers Limited was held on Friday, 21st August, 2026 at 3:00 PM IST through two-way Video Conferencing (VC)/Other Audio Visual Means (OAVM). The meeting was presided over by Mr. Mahendra Patel, Director of the Company. Total 48 members attended the meeting as per attendance records.

The meeting was conducted in compliance with circulars issued by the Ministry of Corporate Affairs, Government of India and Securities and Exchange Board of India. The Company had tied up with NSDL for providing e-voting facilities and conducting the EOGM through VC/OAVM.

Voting Arrangements

  • Remote e-voting period: Commenced on Tuesday, August 18, 2026 (9:00 am IST) and ended on Thursday, August 21, 2026 (5:00 pm IST)
  • Members joining through video conferencing who had not cast remote votes could vote electronically during the EOGM
  • 15-minute voting period was provided during the meeting

Resolutions Approved

1. Increase in Authorised Share Capital

Approved increase in Authorised Share Capital of the Company to ₹50,00,00,000 (Fifty Crore Rupees), divided into 5,00,00,000 Equity Shares of ₹10 each, with consequential alteration of the Memorandum of Association.

2. Acquisition of Startech Infralogistics Private Limited

Approved acquisition of 11,18,150 Equity Shares of Startech Infralogistics Private Limited (SIPL).

3. Acquisition of Peepal Mining and Logistics Private Limited

Approved acquisition of 10,21,960 Equity Shares of Peepal Mining and Logistics Private Limited (PMLPL).

4. Preferential Issue on Share Swap Basis

Approved issuance of 4,06,62,090 Equity Shares of the Company on a preferential basis for consideration other than cash (share swap basis), subject to applicable laws and regulatory approvals.

5. Appointment of Managing Director

Approved appointment of Mr. Atul Ankush Marathe (DIN: 08158359) as the Managing Director of the Company on terms and conditions approved by the Members.

Meeting Conclusion

The EOGM started at 3:00 PM and concluded at 3:31 PM IST. The voting results along with the Scrutinizer's Report will be made available on the Company's website and communicated to the Stock Exchange within 48 hours from conclusion of the meeting.

Digital Signature Date: 2026.08.21 17:07:09 +05'30'