Meeting Details

The 38th Annual General Meeting was held on Wednesday, September 23, 2026 at 4:30 P.M. IST through Video Conference (VC). The meeting was conducted in accordance with the provisions of the Companies Act 2013, relevant Rules, Secretarial Standards, and circulars issued by the Ministry of Corporate Affairs and SEBI.

Attendance and Leadership

Due to personal exigency, Mr. Amit Rajpal, Non-Executive Chairman, could not attend the meeting and had authorized Mr. Gaurav Makarand Patankar to represent him. Mr. Gaurav Makarand Patankar, Non-Executive Director, chaired the meeting.

Other attendees included:

  • Company Secretary and Compliance Officer
  • Deputy Chief Financial Officer
  • Representatives of Statutory Auditors (M/s. Pijush Gupta & Co.)
  • Representatives of Secretarial Auditors (M/s. Mitesh Shah & Co.)
  • Chief Audit Officer
  • Scrutinizer (Mr. Sitansh Magia of M/s Magia Halwai & Associates)

Voting Process

E-voting was conducted through the National Securities Depository Limited (NSDL) system with two phases:

  • Remote e-voting: September 19, 2026 (09:00 A.M. IST) to September 22, 2026 (05:00 P.M. IST)
  • E-voting during AGM: Available for members present who hadn't voted remotely

The e-voting facility remained open for 15 minutes after the meeting concluded.

Auditor Reports

The statutory auditor's report on financial statements and secretarial auditor's report for the year ended March 31, 2026 contained no qualifications, observations, comments, or adverse remarks on financial transactions or matters having adverse effect on the Company's functioning.

Business Transacted

The following resolutions were considered and approved at the meeting:

Ordinary Business:

1. Adoption of Standalone Financial Statements (Ordinary resolution)

2. Adoption of Consolidated Financial Statements (Ordinary resolution)

3. Appointment of Mr. Gaurav Makarand Patankar (DIN: 02640421) as director liable to retire by rotation (Ordinary resolution)

4. Re-appointment of Statutory Auditors of the Company (Ordinary resolution)

Special Business:

5. Consideration and approval of sale/transfer of stake in Investdirect Capital Services Private Limited (a material subsidiary) and/or cessation of major shareholding (Special resolution)

Shareholder Engagement

Registered shareholder speakers were given opportunity to express views and seek clarifications regarding accounts, performance and operations during FY 2025-26. Mr. Tashwinder Singh, Managing Director & Chief Executive Officer, responded to queries.

Results Disclosure

The consolidated voting results of remote e-voting and e-voting at AGM along with Scrutinizer's Report were to be:

  • Submitted to Stock Exchanges within 2 working days of meeting conclusion
  • Made available on Company website and NSDL website
  • Displayed at registered office of the Company

Meeting Conclusion

The meeting concluded at 05:06 P.M. (IST) upon completion of the e-voting process.