V.B. Desai Financial Services Limited
Meeting Details
The 40th Annual General Meeting of members was held on Thursday, 17th September 2026 at 11:30 am through Video Conferencing (VC) / Other Audio Video Means (OAVM) facility. The meeting concluded at 11:52 am.
Businesses Transacted
The following businesses were transacted and approved at the AGM:
1. Adoption of Financial Statements: The audited financial statements for the financial year ended 31st March 2026 were adopted.
2. Reappointment of Director: Mr. Manoj T. Shroff (DIN: 0330560), who retired by rotation, was reappointed as a director.
3. Reappointment of Executive Director & CFO: Mr. Hemendra J. Shroff (DIN: 00286509), who retired by rotation, was reappointed as an Executive Director and Chief Financial Officer.
4. Appointment of Independent Director: Mr. Suraj R. Vishwakarma was appointed as a Non-Executive Independent Director for a term of five years.
5. Approval of Related Party Transactions: Related Party Transactions, as per the proposed resolution, were approved.
Voting Details
The company provided a remote e-voting facility to its members for the resolutions proposed at the AGM. The remote e-voting period was from Monday, 14th September 2026 at 9:00 a.m. to Wednesday, 16th September 2026 at 5:00 p.m.
An e-voting facility was also provided during the AGM itself for shareholders present via VC/OAVM who had not cast their votes during the remote window. This e-voting option was disabled at 12:15 noon on the day of the AGM (September 17, 2026).