Meeting Details

The (01/2026-27) Extra-Ordinary General Meeting was held on Monday, October 19, 2026 at 01:00 P.M. through Video Conferencing (VC)/Other Audio-Visual Means (OAVM) in accordance with circulars issued by the Ministry of Corporate Affairs (MCA) and Securities and Exchange Board of India (SEBI). The meeting concluded at 01:30 P.M.

Attendees

Directors Present:

  • Mr. Nallepilly Ramaswami Parameswaran (Independent Director, Chairman)
  • Mr. Manish Kirtikumar Shah (Managing Director)
  • Mr. Monil Manish Shah (Wholetime Director)
  • Mr. Jay Mota (Wholetime Director & Chief Financial Officer)
  • Mrs. Nikita Manish Shah (Wholetime Director, attended via VC)
  • Mrs. Neelam Tater (Independent Director, attended via VC)
  • Mr. Abhinav Sharma (Independent Director, attended via VC)
  • Mr. Sujay Shantilal Jagani (Independent Director, attended via VC)

Other Attendees:

  • Mrs. Bhavisha Jain (Company Secretary and Compliance Officer)
  • Secretarial Auditor
  • Scrutinizer (Dr. Ronak Jhuthawat of M/s. Ronak Jhuthawat & Co.)

Absent with Leave:

  • Internal Auditors: M/s. Hiran Surana & Associates LLP, Chartered Accountants (FRN: W100903)
  • Statutory Auditors: M/s. KRSHNA & Associates, Chartered Accountants (FRN: 122950W)
  • Debenture Trustees: Vardhman Trusteeship Private Limited, Mitcon Credentia Trusteeship Services Limited & SBICap Trusteeship Private Limited

Voting Details

  • Record Date: October 12, 2026
  • Total number of shareholders on record date: 17,513
  • Remote e-voting period: October 15, 2026 (09:00 AM) to October 18, 2026 (05:00 PM)
  • E-voting facility remained open for 15 minutes after meeting conclusion
  • Scrutinizer: M/s. Ronak Jhuthawat & Co., Company Secretary in Practice (Appointed on September 22, 2026)
  • Total shares outstanding: 50,239,410

Resolutions Passed

All seven resolutions were passed with requisite majority based on the Scrutinizer's Report:

Resolution 1: Increase in Authorised Share Capital

  • Type: Ordinary Resolution
  • Description: Increase in authorised share capital and consequential alteration of the capital clause of the memorandum of association
  • Voting Results:
  • Total votes polled: 38,537,447 (76.7076% of outstanding shares)
  • Votes in favor: 38,537,447 (100%)
  • Votes against: 0 (0%)

Resolution 2: Preferential Issue

  • Type: Special Resolution
  • Description: Preferential issue of fully convertible warrants and equity shares
  • Promoter Interest: Yes
  • Voting Results:
  • Total votes polled: 38,537,453 (76.7076% of outstanding shares)
  • Votes in favor: 38,537,453 (100%)
  • Votes against: 0 (0%)

Resolution 3: Re-appointment of Independent Director

  • Type: Special Resolution
  • Description: Re-appointment of Ms. Neelam Tater (DIN: 07653773) as an independent director
  • Voting Results:
  • Total votes polled: 38,537,453 (76.7076% of outstanding shares)
  • Votes in favor: 38,521,351 (99.9582%)
  • Votes against: 16,102 (0.0418%)
  • Opposition came entirely from Public Institutions category

Resolution 4: Re-appointment of Managing Director

  • Type: Special Resolution
  • Description: Re-appointment of Mr. Manish Kiritkumar Shah (DIN: 00979854) as managing director and revision in remuneration
  • Voting Results:
  • Total votes polled: 38,537,453 (76.7076% of outstanding shares)
  • Votes in favor: 38,537,453 (100%)
  • Votes against: 0 (0%)

Resolution 5: Re-appointment of Wholetime Director

  • Type: Special Resolution
  • Description: Re-appointment of Mr. Monil Manish Shah (DIN: 07054772) as whole-time director and revision in remuneration
  • Voting Results:
  • Total votes polled: 38,537,453 (76.7076% of outstanding shares)
  • Votes in favor: 38,537,453 (100%)
  • Votes against: 0 (0%)

Resolution 6: Re-appointment of Wholetime Director

  • Type: Special Resolution
  • Description: Re-appointment of Ms. Nikita Manish Shah (DIN: 00171306) as whole-time director and revision in remuneration
  • Voting Results:
  • Total votes polled: 38,537,453 (76.7076% of outstanding shares)
  • Votes in favor: 38,521,351 (99.9582%)
  • Votes against: 16,102 (0.0418%)
  • Opposition came entirely from Public Institutions category

Resolution 7: Re-appointment of Wholetime Director

  • Type: Special Resolution
  • Description: Re-appointment of Mr. Jay Mota (DIN: 03105256) as whole-time director and revision in remuneration
  • Voting Results:
  • Total votes polled: 38,537,453 (76.7076% of outstanding shares)
  • Votes in favor: 38,537,453 (100%)
  • Votes against: 0 (0%)

Shareholding Pattern Analysis

  • Promoter and Promoter Group: 37,669,410 shares (74.98%)
  • Public Institutions: 436,406 shares (0.87%)
  • Public Non-Institutions: 12,133,594 shares (24.15%)

Additional Information

The documents have been uploaded on the company's website at www.manbafinance.com. No invalid votes were recorded across any resolution or shareholder category.