Meeting Details

  • NSE Symbol: TURTLEMINT
  • Meeting Type: 11th Annual General Meeting (AGM)
  • Meeting Date: Thursday, September 24, 2026
  • Start Time: 4:00 PM IST
  • End Time: 5:11 PM IST
  • Meeting Mode: Video Conference (VC) / Other Audio-Visual Means (OAVM)
  • Record Date: September 17, 2026

Proposed Resolutions and Implications

Five resolutions were proposed and approved at the AGM:

1. Ordinary Resolution: To receive, consider and adopt:

  • The Audited Standalone Financial Statements for FY ended March 31, 2026 with Reports of Board of Directors and Auditors
  • The Audited Consolidated Financial Statements for FY ended March 31, 2026 with Report of the Auditors

2. Ordinary Resolution: To appoint a director in place of Mr. Dhirendra Nalin Mahyavanshi (DIN: 06652017), who retires by rotation and being eligible, offers himself for re-appointment

3. Ordinary Resolution: To approve the appointment of M/s. S G & Associates, Company Secretaries as Secretarial Auditor of the Company for a term of five consecutive years for FY 2026-27 to FY 2030-31 and to fix their remuneration

4. Special Resolution: To ratify the payment of remuneration to Mr. Dhirendra Nalin Mahyavanshi, Chairman, Managing Director and CEO for FY 2026-27

5. Special Resolution: Ratification of extension of the benefits of the Turtlemint Fintech Solutions Limited Employees Stock Option Scheme - 2025 to eligible employees of subsidiary companies

Voting Process and Methods

  • Remote e-voting: Conducted through National Securities Depository Limited (NSDL) from September 21, 2026 (9:00 AM IST) to September 23, 2026 (5:00 PM IST)
  • E-voting during AGM: Facility available for members attending through VC/OAVM who did not cast remote e-votes
  • Scrutinizer: M/s. Mehta and Mehta, Company Secretaries (Alifya Sapatwala, ACS No: 24091)
  • Appointment Date: August 31, 2026
  • Report Issuance Date: September 25, 2026

Key Voting Outcomes

Overall Participation

  • Total shareholders on record date: 36,734
  • Total outstanding shares: 294,478,906
  • Total votes polled: 230,937,691 shares (78.4225% participation)
  • Shareholders present in meeting: 3 (2 Promoters, 1 Public)
  • Shareholders attended via VC: 56 (all Public)

Resolution-wise Results

Resolution 1 (Ordinary - Financial Statements Adoption)

  • Total votes in favor: 230,937,490 (99.9999%)
  • Total votes against: 201 (0.0001%)
  • Result: Passed

Resolution 2 (Ordinary - Director Re-appointment)

  • Total votes in favor: 226,975,763 (98.2844%)
  • Total votes against: 3,962,023 (1.7156%)
  • Promoter votes: 100% in favor
  • Public Institutions: 97.7017% in favor, 2.2983% against
  • Public Non-Institutions: 99.9960% in favor, 0.0040% against
  • Result: Passed

Resolution 3 (Ordinary - Secretarial Auditor Appointment)

  • Total votes in favor: 230,937,490 (99.9999%)
  • Total votes against: 201 (0.0001%)
  • Result: Passed

Resolution 4 (Special - MD Remuneration Ratification)

  • Total votes in favor: 214,229,701 (92.7652%)
  • Total votes against: 16,707,990 (7.2348%)
  • Promoter votes: 100% in favor
  • Public Institutions: 91.0807% in favor, 8.9193% against
  • Public Non-Institutions: 93.2135% in favor, 6.7865% against
  • Result: Passed (special majority achieved)

Resolution 5 (Special - ESOP Extension to Subsidiaries)

  • Total votes in favor: 214,229,804 (92.7652%)
  • Total votes against: 16,707,982 (7.2348%)
  • Promoter votes: 100% in favor
  • Public Institutions: 91.0807% in favor, 8.9193% against
  • Public Non-Institutions: 93.2136% in favor, 6.7864% against
  • Result: Passed (special majority achieved)

Scrutinizer's Role and Findings

M/s. Mehta and Mehta, represented by Alifya Sapatwala, was appointed scrutinizer to oversee the remote e-voting and electronic voting process during the AGM. The scrutinizer confirmed:

  • Notice of AGM was sent to members on September 2, 2026 through electronic mode
  • Voting process complied with Section 108 of Companies Act, 2013 and Rule 20 of Companies (Management and Administration) Rules, 2014
  • MCA Circulars and SEBI LODR Regulations were adhered to
  • Voting results were unblocked from NSDL e-voting website in presence of witnesses Mr. Lucky Yaduwanshi and Mr. Pranay Rane
  • All resolutions passed with requisite majority

Compliance Confirmation

The document confirms compliance with:

  • SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015
  • Companies Act, 2013 and relevant rules
  • MCA Circulars including General Circular No. 14/2020, 17/2020, 20/2020, 09/2024, and 03/2025
  • Secretarial Standards on General Meetings (SS-2)

Additional Information

  • The results are available on company website: www.turtlemint.com
  • No invalid votes were recorded across any shareholder category
  • The company has 36,734 shareholders as of record date
  • Promoters and promoter group held 38,908,960 shares (13.21% of total)
  • Public institutions held 212,926,315 shares (72.31% of total)
  • Public non-institutions held 42,643,631 shares (14.48% of total)