AGM Details

The 31st Annual General Meeting of Smart Finsec Limited is scheduled to be held on Monday, September 21, 2026, at 11:30 A.M. IST. The meeting will be conducted through Video Conferencing (VC)/Other Audio-Visual Means (OAVM) in accordance with relevant circulars issued by the Ministry of Corporate Affairs (MCA). The deemed venue for the meeting is the registered office of the Company at F-88, West District Centre, Shivaji Enclave, Rajouri Garden, Opp. TDI Paragon Mall, New Delhi 110027.

Voting and Share Record Dates

The cut-off date for determining eligibility to vote is Monday, September 14, 2026. Members holding shares in physical or dematerialized form as of this date are entitled to vote electronically.

The Register of Members and Share Transfer Books of the Company will remain closed from Tuesday, September 15, 2026, to Monday, September 21, 2026 (both days inclusive).

Remote E-Voting Schedule

The remote e-voting facility will be provided by National Securities Depository Limited (NSDL).

  • Commencement of remote e-voting: Friday, September 18, 2026, at 9:00 A.M. IST
  • End of remote e-voting: Sunday, September 20, 2026, at 5:00 P.M. IST

Agenda Items

Ordinary Business

1. To receive, consider, and adopt the Audited Standalone Financial Statements of the company for the financial year ended March 31, 2026, together with the reports of the Board of Directors and the Auditors thereon. An ordinary resolution is proposed for approval.

2. To appoint a director in place of Ms. Vimmi Sachdev (DIN: 01712051), who retires by rotation and, being eligible, offers herself for re-appointment. An ordinary resolution is proposed for her re-appointment.

Special Business

3. Increase in borrowing limits pursuant to Section 180(1)(c) of the Companies Act, 2013. A special resolution is proposed to authorize the Board of Directors to borrow money, where the total borrowed amount (excluding temporary loans from bankers) may exceed the aggregate of the company's paid-up share capital, free reserves, and securities premium. The resolution seeks approval for borrowings up to a limit of ₹100 crore (Rupees One Hundred Crore Only) at any point in time.

4. To approve creation of charge/providing security under Section 180(1)(a) of the Companies Act, 2013. A special resolution is proposed to authorize the Board of Directors to create a charge, mortgage, pledge, hypothecation, or security on the company's movable and/or immovable properties (present and future) or its undertakings to secure borrowings availed or to be availed, up to a sum of ₹100 crore (Rupees One Hundred Crores only).

Explanatory Statement for Special Business

The Board states that the company may require borrowed funds for business requirements, working capital, and general corporate purposes from banks, financial institutions, body corporates, or other persons. The borrowings may need to be secured by creating charges on the company's assets. The Board recommends the passing of the special resolutions. It is disclosed that none of the Directors, Key Managerial Personnel, or their relatives are concerned or interested in these resolutions, except to the extent of their shareholding, if any.

Director Re-appointment Details (Ms. Vimmi Sachdev)

  • DIN: 01712051
  • Date of Birth: September 18, 1971 (Age 54)
  • Qualifications: MBA (specialization in Marketing) and BA (History Hons.)
  • Date of first appointment: August 1, 2017
  • Expertise: Over 8 years of experience in the marketing field.
  • Terms: Director liable to retire by rotation; no remuneration is drawn or sought.
  • Other Directorships: None
  • Shareholding in the company: Nil
  • Attendance: Attended 8 out of 8 Board Meetings during FY 2025-26.

Scrutinizer Appointment

Mr. Pawan Kumar Sharma (FCS No. 4305, C.P. No.: 16222), Proprietor of PK Mishra & Associates, Company Secretaries, has been appointed as the Scrutinizer to scrutinize the e-voting process in a fair and transparent manner.

Key Instructions and Notes for Members

  • The notice and annual report are being sent electronically to members with registered email addresses and are also available on the company's website (smartfinsec.com), BSE website (www.bseindia.com), and NSDL e-voting website (www.evoting.nsdl.com).
  • Physical attendance of members is dispensed with; thus, the facility for appointment of proxies is not available.
  • Members can join the AGM via VC/OAVM 15 minutes before and after the scheduled commencement time. The facility is available for the first 1000 members on a first-come, first-served basis, excluding large shareholders, promoters, institutional investors, directors, KMPs, committee chairpersons, and auditors.
  • Institutional shareholders must send a scanned copy of their Board Resolution/Authority letter to the Scrutinizer at pkmishra59@yahoo.com with a copy to evoting@nsdl.co.in.
  • Detailed instructions for remote e-voting and joining the meeting are provided, including login methods for shareholders holding shares in demat mode (via NSDL or CDSL) and physical mode.

Financial Impact

The special resolutions, if passed, will authorize borrowings and the creation of security against them, each up to a limit of ₹100 crore. The financial impact of any specific borrowing undertaken pursuant to this authorization will depend on the terms and timing of such future transactions.