Meeting Details

The 35th Annual General Meeting of Margo Finance Limited was held on Friday, 7th August, 2026 at 12:30 p.m. IST through Video Conferencing via the NSDL platform. The meeting was conducted in compliance with circulars issued by the Ministry of Corporate Affairs.

Attendance

Directors Present:

  • Mr. Ambarish Sodha, Independent Director and Chairman of Audit Committee
  • Ms. Smita Kulkarni, Independent Director and Chairperson of Stakeholders Relationship Committee & Nomination & Remuneration Committee
  • Mr. Govind Prasad Agrawal, Non-Executive Non-Independent Director (appointed Chairman for this AGM)
  • Mr. Sushil Kumar Agrawal, Non-Executive Non-Independent Director
  • Mr. Shri Dass Maheshwari, Whole time Director & CFO

Absent:

  • Mr. Anil Kumar Jain, Chairman of the Company (due to personal commitments)

Other Attendees:

  • Representative of Statutory Auditors
  • Secretarial Auditor
  • Ms. Ashu Gupta, Practicing Company Secretaries (Scrutinizer)
  • Ms. Krishna Makwana, Company Secretary

Key Proceedings

1. The meeting was chaired by Mr. Govind Prasad Agrawal, who was elected by the directors present to preside over the AGM.

2. The Notice of the Annual General Meeting dated 27th May, 2026 was taken as read.

3. The Members were informed that there were no qualifications, reservations, adverse remarks, or disclaimer in both the Auditor's Report and Secretarial Audit Report for the year ended 31st March, 2026.

4. The Chairman delivered a speech briefing the highlights of the company's performance during Financial Year 2025-26.

Voting Procedures

  • Remote e-voting facility was provided by NSDL from Tuesday, 4th August, 2026 at 9:00 a.m. IST to Thursday, 6th August, 2026 at 5:00 p.m. IST.
  • Shareholders present at the AGM who had not cast their vote electronically were provided an opportunity to vote during the meeting.
  • Ms. Ashu Gupta was appointed as Scrutinizer to oversee the e-voting process.
  • The results of the e-voting along with the scrutinizer's report will be uploaded on the company's website (www.margofinance.com) and NSDL and BSE websites within two working days from the conclusion of the AGM.

Resolutions Considered

Resolution No. 1 - Ordinary Resolution: To receive, consider and adopt the Audited Standalone Financial Statements of the Company for the financial year ended 31st March, 2026, together with the Reports of the Board of Directors and the Auditors thereon.

Resolution No. 2 - Ordinary Resolution: To appoint a Director in place of Mr. Sushilkumar Agrawal (DIN: 00400892), who retires by rotation in terms of Section 152(6) of the Companies Act, 2013 and being eligible, seeks re-appointment.

Shareholder Interaction

Registered speaker shareholders were invited to ask questions, all of which were duly answered during the meeting.

Meeting Duration

The AGM commenced at 12:30 p.m. IST and concluded at 1:12 p.m. IST, including a 15-minute period kept open for e-voting.