AGM Details

The 42nd Annual General Meeting is scheduled to be held on Monday, September 28, 2026 at 11:00 A.M. IST through Video Conferencing / Other Audio-Visual Means (VC/OAVM).

The Register of Members and Share Transfer Books will remain closed from September 22, 2026 to September 28, 2026 (both days inclusive) for determining eligibility for e-voting. The record date (cut-off date) is September 21, 2026.

Remote e-voting period begins on Friday, September 25, 2026 at 9:00 A.M. IST and ends on Sunday, September 27, 2026 at 5:00 P.M. IST. NSDL is the e-voting service provider.

Ordinary Business

Item 1: Adoption of Financial Statements

To consider and adopt the audited financial statements of the company for the financial year ended March 31, 2026 and the reports of the Board of Directors and auditors thereon.

Item 2: Re-appointment of Director

To re-appoint Ms. Purvi Ramesh Ambani (DIN: 06546129) as Non-Executive Non-Independent Director of the company. She was first appointed on April 10, 2024, is 52 years old, a Chartered Accountant with 20+ years of experience, and currently serves on the Stakeholder Relationship Committee, Nomination and Remuneration Committee, and Assets Liability Committee. She attended 6 board meetings till March 31, 2026 and holds a directorship in ASIT C MEHTA ADVISORS LIMITED. She draws no remuneration from the company.

Special Business

Item 1: Alteration of Memorandum of Association

To alter the object clause of the Memorandum of Association to include new business activities:

  • To carry on business as a Non-Banking Financial Company (NBFC)
  • To finance purchase, lease, retrofitting or use of electric vehicles (EVs)
  • To offer financial assistance to MSMEs including working capital finance, small business loans, loans against property
  • To carry on business of Green Finance including renewable energy equipment and ESG compliant business models
  • To invest company funds in securities (but not underwriting or dealing business)
  • To finance commercial, industrial and professional enterprises
  • To carry on asset finance including hire-purchase and leasing
  • To acquire, hold and dispose of immovable property for business premises or as security

Board approved this alteration at its meeting held on July 17, 2026.

Item 2: Adoption of New Articles of Association

To adopt an entirely new set of Articles of Association in substitution of the existing Articles. Board approved this at its meeting held on July 17, 2026.

Item 3: Approval of Material Related Party Transactions

To approve material related party transactions for FY 2026-2027:

| Related Party | Relationship | Nature of Transaction | Approval Amount (₹) |

| Ms. Deepa Tracy | Promoter | Loan Taken/Repaid | 50,00,00,000 |

| Ms. Deepa Tracy | Promoter | Interest | 7,50,00,000 |

| Ms. Deepa Tracy | Promoter | Rent | 1,00,00,000 |

| Mantra Vision Private Limited | Company where Director is Director | Loan Taken/Repaid | 5,00,00,000 |

Total Approval Sought: ₹63.5 crore

The company's annual turnover for FY 2025-2026 was ₹1,632.25 lakh, making these transactions material as they exceed 10% threshold (₹163.225 lakh).

Ms. Deepa Tracy holds 67.04% shareholding in Mantra Capital Limited. Mantra Vision Private Limited had standalone turnover of ₹1.68 crore and consolidated net worth of negative ₹7.88 crore as of previous financial year.

These transactions are proposed to be executed on arm's length basis and in ordinary course of business. Audit Committee and Board approved these transactions at meeting held on July 17, 2026.

Voting Arrangements

The company has provided detailed instructions for remote e-voting through NSDL for both demat and physical shareholders. The facility for appointment of proxies has been dispensed with for this VC/OAVM AGM.