Meeting Details

  • Date: Monday, September 28, 2026
  • Time: 03:30 P.M. to 04:17 P.M. IST
  • Type: Annual General Meeting (AGM)
  • Mode: Conducted through Video Conferencing (VC)/Other Audio-Visual Means (OAVM)
  • Record Date: Monday, September 21, 2026

Proposed Resolutions and Implications

The AGM considered six ordinary resolutions:

1. Adoption of audited standalone and consolidated financial statements for FY 2025-26 with board of directors and statutory auditors reports

2. Re-appointment of Mrs. Srishti Agarwal (DIN: 10229578) as Non-Executive Director

3. Approval of material related party transactions with Hindon Mercantile Limited

4. Approval of material related party transactions with Bimapay Finsure Private Limited

5. Approval of material related party transactions with Gyftr Limited (formerly LKP Finance Limited)

6. Approval of material related party transactions with Vouchagram India Private Limited

Voting Process and Methods

The voting process utilized two methods:

  • Remote e-voting: Conducted through NSDL from September 25, 2026 (9:00 AM IST) to September 27, 2026 (5:00 PM IST)
  • E-voting during AGM: Conducted on September 28, 2026 during the meeting

The company engaged National Securities Depository Limited (NSDL) as the authorized agency for both voting methods.

Key Voting Outcomes

Overall Participation

  • Total shareholders on record date: 26,020
  • Total votes cast across all resolutions: 11,910,715 shares (6.0106% of outstanding shares)
  • No invalid votes were recorded in any resolution

Resolution-wise Results

Resolution 1 - Adoption of Financial Statements

  • Total votes cast: 11,910,715 shares
  • Votes in favor: 11,910,473 shares (99.9980%)
  • Votes against: 242 shares (0.0020%)
  • Result: Passed

Resolution 2 - Re-appointment of Mrs. Srishti Agarwal

  • Total votes cast: 11,910,715 shares
  • Votes in favor: 11,908,237 shares (99.9792%)
  • Votes against: 2,478 shares (0.0208%)
  • Result: Passed

Resolution 3 - RPT with Hindon Mercantile Limited

  • Total votes cast: 11,910,715 shares
  • Votes in favor: 11,908,237 shares (99.9792%)
  • Votes against: 2,478 shares (0.0208%)
  • Result: Passed
  • Promoter interest: Yes

Resolution 4 - RPT with Bimapay Finsure Private Limited

  • Total votes cast: 11,910,715 shares
  • Votes in favor: 11,908,237 shares (99.9792%)
  • Votes against: 2,478 shares (0.0208%)
  • Result: Passed
  • Promoter interest: Yes

Resolution 5 - RPT with Gyftr Limited

  • Total votes cast: 11,910,715 shares
  • Votes in favor: 11,908,237 shares (99.9792%)
  • Votes against: 2,478 shares (0.0208%)
  • Result: Passed
  • Promoter interest: Yes

Resolution 6 - RPT with Vouchagram India Private Limited

  • Total votes cast: 11,910,715 shares
  • Votes in favor: 11,908,237 shares (99.9792%)
  • Votes against: 2,478 shares (0.0208%)
  • Result: Passed
  • Promoter interest: Yes

Category-wise Voting Breakdown

Promoter and Promoter Group

  • Shares held: 93,735,653
  • Votes polled: 0 across all resolutions (0% participation)

Public Institutions

  • Shares held: 23,881,128
  • Votes polled: 3,360,820 shares (14.0731% participation)
  • 100% voted in favor of all resolutions

Public Non-Institutions

  • Shares held: 80,545,407
  • Votes polled: 8,549,895 shares (10.615% participation)
  • 99.971% voted in favor, 0.029% against for resolutions 2-6
  • 99.9972% voted in favor, 0.0028% against for resolution 1

Scrutinizer's Role and Findings

Mr. Abhay Kumar, Practicing Company Secretary (Membership No: F13343/C.P. No. 22630) of Abhay K and Associates, was appointed as Scrutinizer on September 2, 2026. His responsibilities included:

  • Scrutinizing both remote e-voting and e-voting during the AGM
  • Reconciling voting data with NSDL records
  • Maintaining detailed registers of voting results
  • Unblocking votes in presence of two independent witnesses (Navneet Kumar and Ankit Jha) at 06:58 PM on September 28, 2026

The Scrutinizer confirmed that all resolutions were passed with requisite majority and the voting process complied with applicable regulations.

Compliance Confirmation

The document confirms compliance with:

  • Companies Act, 2013
  • Companies (Management and Administration) Rules, 2014
  • SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015
  • MCA General Circular No.3/2025 dated September 22, 2025
  • Relevant SEBI circulars

Additional Information

  • NSE Symbol: MUFIN
  • The AGM notice and annual report were dispatched on September 5, 2026 to all members with registered email addresses