Proceedings of the 41st Annual General Meeting
Meeting Details
The 41st Annual General Meeting of Starteck Finance Limited was held on Friday, 18th September, 2026 at 4:00 PM IST through Video Conferencing/Other Audio Visual Means. The meeting was conducted in compliance with circulars from the Ministry of Corporate Affairs and SEBI, and provisions of the Companies Act, 2013 and SEBI Listing Regulations.
Attendance
Thirty-one members were present through VC/OAVM. The following directors attended: Mr. Amit Pitale (Whole-time Director and CFO), Mr. Pankaj Jain (Non-Executive Director), Mr. Nilesh Parikh (Independent Director and Chairman of Audit Committee and Nomination and Remuneration Committee), Mr. Gautam Panchal (Independent Director and Chairman of Stakeholder's Relationship Committee and CSR Committee), and Mrs. Sandhya Malhotra (Independent Director). Mr. Anand Shroff (Non-Executive Director) was absent due to personal reasons.
Representatives from statutory auditors M/s. MKPS & Associates and Mr. Veeraraghavan N. (Practicing Company Secretary, Secretarial Auditor) were also present. Mr. Amit Pitale was elected as Chairman of the meeting.
Voting Arrangements
The company engaged National Services Depository Limited (NSDL) for e-voting services. Remote e-voting commenced on Monday, 14th September, 2026 from 9:00 AM IST and ended on Thursday, 17th September, 2026 at 5:00 PM IST. The cut-off date for voting rights was Friday, 11th September, 2026. Mr. Veeraraghavan N. was appointed as Scrutinizer for the e-voting process.
Resolutions Considered
The following resolutions were taken up for consideration:
1. Ordinary Resolution: Adoption of Audited Standalone Financial Statements for FY ended 31st March, 2026 with Reports of Board of Directors and Auditors
2. Ordinary Resolution: Adoption of Audited Consolidated Financial Statements for FY ended 31st March, 2026 with Report of Auditors
3. Ordinary Resolution: Declaration of final dividend of ₹0.25 (2.50%) per equity share of face value ₹10 each held by persons/entities other than Promoter/Promoter Group for FY ended 31st March, 2026
4. Ordinary Resolution: Appointment of Director in place of Mr. Amit Pitale (DIN: 07852850), who retires by rotation and offers himself for re-appointment
5. Ordinary Resolution: Appointment of M/s. Bagaria & Co. LLP, Chartered Accountants as Statutory Auditors
6. Special Resolution: Approval for raising of funds by way of further issue of Securities
7. Ordinary Resolution: Approval of transactions with group companies
8. Special Resolution: Re-appointment of Mr. Nilesh Parikh (DIN: 02710146) as an Independent Director
Auditor Reports
The Statutory Auditors' Report on Financial Statements and Secretarial Auditor's Report contained no qualifications, observations, adverse remarks, modified opinions, or comments on financial transactions that could adversely affect the company's functioning.
Shareholder Queries
No queries were received from members regarding accounts and operations of the company in advance of the meeting.
Meeting Conclusion
The meeting concluded at 4:27 PM. The Scrutinizer's Report along with voting results will be communicated to stock exchanges pursuant to Regulation 44(3) of Listing Regulations and made available on the company's website (www.starteckfinance.com) and NSDL's website (www.evoting.nsdl.com).