Meeting Details
The 43rd Annual General Meeting will be held on Thursday, 24th September 2026 at 2:30 PM through Video Conferencing (VC) facility/Other Audio Visual Means (OAVM). The deemed venue is the Registered Office at 209-210, Arcadia Building, 2nd Floor, 195 Nariman Point, Mumbai - 400021.
Ordinary Business
1. To receive, consider and adopt:
- (a) Audited Standalone Financial Statements for year ended March 31, 2026 with Reports of Board of Directors and Auditors
- (b) Audited Consolidated Financial Statements for year ended March 31, 2026 with Reports of Auditors
2. To appoint a Director in place of Mr. Hetal Khalpada (DIN: 00055823), Non-Executive Director, who retires by rotation and seeks re-appointment.
Special Business
Item 3: Re-appointment of Mr. Vallabh Prasad Biyani (DIN: 00043358)
Special Resolution for re-appointment as Non-Executive Independent Director for a second term of five consecutive years from February 11, 2027 to February 10, 2032. Mr. Biyani was first appointed on 8th May 2022 for term ending February 10, 2027. He has submitted declaration of independence and meets criteria under Section 149(6) of Companies Act, 2013 and Regulation 16(1)(b) of Listing Regulations.
Items 4-15: Approval of Material Related Party Transactions
Ordinary Resolutions seeking shareholder approval for material related party transactions with various entities, all involving revolving loan facilities (both availing and rendering) except for one entity which also includes availing broking services:
| Related Party | Sanctioned Limit | Nature of Transaction |
| Winro Commercial (India) Limited | ₹250 Crore | Rendering & Availing Revolving Loan facility |
| Singularity Holdings Limited | ₹250 Crore | Rendering & Availing Revolving Loan facility |
| Geecee Ventures Limited | ₹200 Crore | Rendering & Availing Revolving Loan facility |
| Sam-Jag-Deep Investments Private Limited | ₹200 Crore | Rendering & Availing Revolving Loan facility |
| Geecee Fincap Limited | ₹60 Crore | Rendering & Availing Revolving Loan facility |
| Four Dimensions Securities (India) Limited | ₹250 Crore | Rendering Revolving Loan facility & Availing Broking Services (₹5 Crore brokerage limit) |
| Urudavan Investment & Trading Private Limited | ₹200 Crore | Rendering Revolving Loan Facility |
| Four Dimensions Advisors Private Limited | ₹50 Crore | Rendering Revolving Loan facility |
| Better Time Realtors Private Limited | ₹15 Crore | Rendering Revolving Loan facility |
| Geecee Holdings LLP | ₹50 Crore | Rendering Revolving Loan facility |
| Nebulon Investment Managers Private Limited | ₹100 Crore | Rendering Revolving Loan facility |
| Nebulon Ventures LLP | ₹100 Crore | Rendering Revolving Loan facility |
Total aggregate sanctioned limit across all RPTs: ₹1,985 Crore
Key Transaction Details
- Tenure: From conclusion of 43rd AGM until conclusion of 44th AGM to be held in financial year 2027-28 (approximately 1 year)
- Transactions to be carried out in ordinary course of business at arm's length basis
- Interest rates to be determined based on prevailing cost of funds plus applicable mark-up/spread
- All transactions will be unsecured
- Repayment schedule: On demand
- Purpose of funds: For repayment/refinance of existing loans, onward lending, working capital purposes, investment in shares & securities
Voting Arrangements
- Remote e-voting period: 20th September 2026 (9:00 AM) to 23rd September 2026 (5:00 PM)
- Cut-off date for determining voting rights: 17th September 2026
- E-voting services provided by NSDL
- Scrutinizer: Avani Gandhi, Practicing Company Secretary (Membership No. F9220)
Document Availability
The notice and annual report are being sent electronically to members with registered email addresses. Physical copies available on request. Documents also available on company website (https://www.saraswaticommercial.com) and BSE website.
Key Dates
- Record Date: 17th September 2026
- Remote e-voting: 20th-23rd September 2026
- AGM Date: 24th September 2026 at 2:30 PM
Financial Impact
Financial impact not quantified in the disclosure beyond the sanctioned limits mentioned for each related party transaction.