Regulation 44 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015

Piramal Finance Limited (Formerly known as Piramal Capital & Housing Finance Limited)

Meeting Details

The 42nd AGM was held on Thursday, 2nd July 2026 at 10:30 a.m. (IST) through Video Conferencing/Other Audio Visual Means. The meeting was conducted in accordance with circulars issued by the Ministry of Corporate Affairs and SEBI. The meeting was chaired by Mr. Anand Piramal, Chairman of the Company.

Proposed Resolutions and Implications

Six resolutions were proposed and passed with requisite majority:

Ordinary Business:

  • Item 1: Adoption of Audited Financial Statements (Standalone and Consolidated) for the financial year ended March 31, 2026, together with Reports of the Board of Directors and Auditors
  • Item 2: Declaration of final dividend of ₹11 per equity share of face value ₹2 each for FY2025-26
  • Item 3: Re-appointment of Mr. Anand Piramal (DIN: 00286085) who retired by rotation

Special Business:

  • Item 4: Re-appointment of Mr. Suhail Nathani (DIN: 01089938) as a Non-Executive Independent Director
  • Item 5: Issue of Non-Convertible Debentures on Private Placement Basis
  • Item 6: Conversion of loan into equity or other capital of the Company in case of Event of Default

Voting Process and Methods

The Company provided remote e-voting facility through the NSDL e-voting platform. The remote e-voting period commenced on Monday, 29th June 2026 at 9:00 a.m. (IST) and ended on Wednesday, 1st July 2026 at 5:00 p.m. (IST). Facility for e-voting was also made available during the AGM for members who had not cast their vote through remote e-voting.

Scrutinizer Appointment

Mr. Bhaskar Upadhyay, failing him Mr. Bharat R. Upadhyay, of N. L. Bhatia & Associates, Practicing Company Secretaries, were appointed as Scrutinizers to scrutinize the process of remote e-voting and e-voting during the AGM.

Additional Meeting Proceedings

The Chairman welcomed all Board Members and introduced the Chairpersons of the Audit Committee, Stakeholders Relationship Committee, and Nomination and Remuneration Committee. Key executives, senior management, representatives of Statutory Auditors, and Secretarial Auditors were also present. Live proceedings were made available on the NSDL e-voting website. The statutory registers and documents were available for electronic inspection during the AGM. The Auditors' Report contained no qualifications, observations, or adverse remarks. The Chairman apprised members of the Company's performance in FY2025-26 and responded to shareholder queries.

Compliance Statement

The meeting was conducted in compliance with Section 108 of the Companies Act, 2013 read with Rule 20 of the Companies (Management and Administration) Rules, 2014 and Regulation 44 of the SEBI Listing Regulations.

Voting Results Disclosure

The voting results along with the consolidated report of the Scrutinizer were to be disseminated to the Stock Exchanges and placed on the Company's website and NSDL website within prescribed statutory timelines.

Meeting Conclusion

The AGM concluded at 11:46 a.m. (IST) on July 2, 2026.