Event Overview
Vardhan Capital & Finance Limited conducted its 32nd Annual General Meeting (AGM) on Thursday, 17th September 2026. The meeting was held at the company's registered office at 113, Commerce House, 140 N.M. Marg, Fort, Mumbai - 400001. The AGM commenced at 11:00 AM and concluded at 1:00 PM.
Voting Process Details
The remote e-voting period was open from Monday, 14th September 2026 at 9:00 AM until Wednesday, 16th September 2026 at 5:00 PM through services provided by Central Depository Services (India) Limited (CDSL). However, no shareholders cast votes via remote e-voting. All voting was conducted through poll process during the AGM.
Rachana Maru Furia, proprietor of Rachana Maru Furia & Associates, Company Secretaries (FCS: 11530, CP No. 16210, Peer Review No. 219012022), was appointed as the Scrutinizer for the voting process.
Shareholding Structure
Record Date: 10th September 2026
Total Number of Shareholders: 840
Total Outstanding Shares: 4,348,600
- Promoter and Promoter Group Holdings: 2,215,300 shares
- Public Non-Institutions Holdings: 2,133,300 shares
- Public Institutions Holdings: 0 shares
Voting Results Summary
Total Votes Polled: 1,550,300 shares (35.65% of outstanding shares)
- Promoter and Promoter Group Votes: 1,545,300 shares (69.76% of their holding)
- Public Non-Institutions Votes: 5,000 shares (0.23% of their holding)
- Public Institutions Votes: 0 shares
Resolution-wise Voting Details
Resolution 1: Ordinary Business - Adoption of Financial Statements
Description: To receive, consider and adopt the Audited Balance Sheet and the Profit & Loss Account together with the Reports of the Directors and Auditors thereon for the financial year ended 31st March, 2026.
Result: PASSED
Votes: 1,550,300 votes in favor, 0 votes against
Resolution 2: Ordinary Business - Director Reappointment
Description: To appoint a Director in place of Mr. Rajesh Babulal Vardhan who retires by rotation and being eligible has offered himself for re-appointment.
Promoter Interest: Yes
Result: NOT PASSED
Votes: 0 votes in favor, 1,550,300 votes against (100% of votes polled against)
- Promoter and Promoter Group: 1,545,300 votes against (100% of their votes)
- Public Non-Institutions: 5,000 votes against (100% of their votes)
Resolution 3: Special Business - Managing Director Reappointment
Description: To re-appoint Mr. Vishal Ramesh Vardhan (DIN: 03043125) as Managing Director of the Company.
Promoter Interest: Yes
Result: PASSED
Votes: 1,550,300 votes in favor, 0 votes against
- Promoter and Promoter Group: 1,545,300 votes in favor
- Public Non-Institutions: 5,000 votes in favor
Resolution 4: Special Business - Executive Director Appointment
Description: To appoint Mrs. Sonam Dipesh Vardhan (DIN: 11450748) as an Executive Director of the Company.
Promoter Interest: Yes
Result: PASSED
Votes: 1,550,300 votes in favor, 0 votes against
- Promoter and Promoter Group: 1,545,300 votes in favor
- Public Non-Institutions: 5,000 votes in favor
Resolution 5: Special Business - Independent Director Appointment
Description: To appoint Ms. Saroj Rathod (DIN: 09718657) as a Non-Executive Independent Director of the Company.
Promoter Interest: No
Result: PASSED
Votes: 1,550,300 votes in favor, 0 votes against
- Promoter and Promoter Group: 1,545,300 votes in favor
- Public Non-Institutions: 5,000 votes in favor
Resolution 6: Special Business - Independent Director Appointment
Description: To appoint Mr. Shailesh Jogani (DIN: 06644699) as a Non-Executive Independent Director of the Company.
Promoter Interest: No
Result: PASSED
Votes: 1,550,300 votes in favor, 0 votes against
- Promoter and Promoter Group: 1,545,300 votes in favor
- Public Non-Institutions: 5,000 votes in favor
Document Certification
The scrutinizer report was signed by Rachana Maru Furia on 18th September 2026 in Mumbai. The company's communication was signed by Ramesh Vardhan, Director (DIN: 00207488).