Minolta Finance Limited issued a corrigendum on September 19, 2026, to its original Notice of the 34th Annual General Meeting (AGM) dated September 8, 2026. The AGM is scheduled to be held on September 30, 2026, at 11:00 A.M. (IST) through Video Conferencing and audio visual means.

The corrigendum was issued to inform shareholders that an agenda item was inadvertently omitted from the original notice. The missing item is Item No. 5: 'To approve Change in designation of Mrs. Kunjal Gala (DIN: 02413184) from Non-Executive director to Executive Director of the Company.'

Details of the New Resolution (Item No. 5)

The company proposes a special resolution for shareholder approval to change the designation of Mrs. Kunjal Gala from Non-Executive Director to Executive Director. The key terms of the proposed appointment are:

  • Term: A period of 5 years, commencing from September 30, 2026, till September 29, 2031 (both days inclusive).
  • Status: She will be liable to retire by rotation.
  • Governing Provisions: The appointment is subject to the provisions of Sections 196, 197, 198, 203 and other applicable provisions of the Companies Act, 2013, read with Schedule V to the Act and the Companies (Appointment and Remuneration of Managerial Personnel) Rules, 2014. It is also subject to SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015, and the company's Articles of Association.
  • Approval Process: The proposal is based on the recommendation of the Nomination and Remuneration Committee and the Board of Directors of the Company.

The explanatory statement provides the rationale for the change, stating it is due to Mrs. Gala's "experience, knowledge and contribution to the affairs of the Company" and is intended to enable her "to take a more active role in the day-to-day management and executive functions of the Company."

Director Details (Mrs. Kunjal Gala)

  • DIN: 02413184
  • Age: 45 years
  • Qualifications: Bachelor of Commerce (B.Com) from Mumbai University (2002).
  • Experience: Over 21 years in stock broking, financial services, and capital markets.
  • Current Professional Roles: Insurance Agent with Tata AIA Life Insurance; Authorized Person of Inventure Growth & Securities Limited.
  • Other Directorships:
  • Director of ANUPAM STOCK BROKING PRIVATE LIMITED (CIN: U67120MH2000PTC126453)
  • Director of DHAIRYA MANAGEMENT SERVICES PRIVATE LIMITED (CIN: U74140MH2008PTC189107)
  • Designated Partner of DHAIRYA CORPORATE ADVISORY SERVICES LLP (LLPIN: AAE-6029)
  • Shareholding in Minolta Finance: 0.041438% (held either herself or on a beneficial basis).
  • Relationship with other Directors: Wife of Mr. Arvind Gala, a Non-Executive Non-Independent director of the company.
  • Declaration: Confirmed that she is not debarred from holding the office of Director by any SEBI or other authority order.

Compliance and Dissemination

This corrigendum and the attached details were filed with BSE Limited and The Calcutta Stock Exchange Ltd. pursuant to Regulation 30 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015. The original notice was emailed to shareholders on September 9, 2026. This corrigendum was also sent electronically to members whose email addresses are registered and has been uploaded on the company's website (www.minoltafinance.co.in) and the websites of the stock exchanges. Except for this addition, all other items of the original AGM notice remain unchanged.

The document was signed by Arvind Jethalal Gala, Director, and the company secretary, Gaurav Khandelwal.