AGM Details

  • Date and Time: Tuesday, September 29th, 2026 at 01:00 p.m.
  • Venue: B/7, 'B' Wing, 5th Floor, Ajanta Commercial Center, Income Tax, Ashram Road, Ahmedabad, Gujarat, India, 380009
  • Cut-off date for E-voting: 22nd September, 2026
  • Book Closure: 23rd September, 2026 to 29th September, 2026 (both days inclusive)
  • E-Voting Period: Commences Saturday, September 26th, 2026 (9:00 am IST) and ends Monday, September 28th, 2026 (05:00 pm IST)

Financial Performance Highlights (Standalone)

| Particulars | 2025-26 (₹ Lakhs) | 2024-25 (₹ Lakhs) |

| Gross Income | 161.79 | 111.93 |

| Profit Before Interest and Depreciation | 32.44 | 38.83 |

| Finance Charges | 114.95 | 57.82 |

| Net Profit Before Tax | 32.44 | 38.83 |

| Provision for Tax | 8.89 | 12.61 |

| Net Profit After Tax | 23.55 | 26.22 |

Dividend: No dividend recommended for FY 2025-26

Reserves: Profits retained and carried forward to reserves

Board of Directors Changes

Appointments:

  • Mr. Mahendra Kumar Jagdeesh Patel (DIN: 10782956) as Executive Director w.e.f. 21/08/2025
  • Ms. Nikita Hiren Patel (DIN: 10753863) as Executive Director w.e.f. 02/09/2025
  • Mr. Atul Ankush Marathe (DIN: 08158359) as Additional Executive Director & CFO w.e.f. 24/07/2026
  • Mr. Atul Ankush Marathe appointed as Managing Director in EGM w.e.f. 21/08/2026
  • Mr. Devesh Bhati (DIN: 07415367) as Independent Director w.e.f. 04/09/2026
  • Mrs. Garima Gupta (DIN: 07494553) as Independent Director w.e.f. 04/09/2026

Resignations/Cessations:

  • Mr. Panchal Nrupesh Kirtikumar (Independent Director) resigned w.e.f. 07/08/2025
  • Ms. Manjulaben Navinchandra Kothari (Independent Director) cessation w.e.f. 22/09/2025
  • Mr. Chirag Kirti Kumar Shah (Managing Director and CFO) resigned w.e.f. 24/07/2026

Key Managerial Personnel Changes

  • Ms. Kanak Sureshkumar Rathi (Company Secretary) resigned w.e.f. 10/10/2025
  • Ms. Shruti Mittal appointed as Company Secretary w.e.f. 04/06/2026

Auditor Changes

  • M/s. H S K & Co LLP (Statutory Auditor) resigned w.e.f. 14/08/2026
  • M/s. Suvarna & Katdare appointed as Statutory Auditor w.e.f. 01/09/2026
  • M/s. Ramesh Chandra Bagdi & Associates appointed as Secretarial Auditors for 5 years (2025-26 to 2029-30)

AGM Agenda Items

Ordinary Business:

1. Adoption of Standalone Audited Financial Statements for FY 2025-26

2. Re-appointment of Ms. Nikita Hiren Patel (DIN: 10753863) who retires by rotation

Special Business:

3. Appointment of M/s. Ramesh Chandra Bagdi & Associates as Secretarial Auditors for 5 years

4. Regularization of Mr. Devesh Bhati as Independent Director for 5 years (04/09/2026 to 03/09/2031)

5. Regularization of Mrs. Garima Gupta as Independent Director for 5 years (04/09/2026 to 03/09/2031)

6. Shifting of Registered Office from Gujarat to Maharashtra, Mumbai

7. Approval under Section 185 of Companies Act, 2013 for loans/guarantees up to ₹100 Crores

8. Approval under Section 186 of Companies Act, 2013 for investments/loans/guarantees up to ₹100 Crores

9. Appointment of M/s. Suvarna & Katdare as Statutory Auditors to fill casual vacancy

Capital Structure

  • Authorized Share Capital: ₹5,24,00,000 (increased to ₹50,00,00,000 w.e.f. 21st August, 2026)
  • Issued, Subscribed and Paid-up Capital: ₹4,63,40,000 as of March 31, 2026 (46,34,000 equity shares of ₹10 each)
  • No change in share capital during the year under review

Significant Subsequent Events

  • Authorized Share Capital increased to ₹50,00,00,000 divided into 5,00,00,000 equity shares of ₹10 each
  • In-principle approval for strategic investment in Startech Infralogistics Private Limited and Peepal Mining and Logistics Private Limited
  • Issued 4,06,62,090 equity shares on preferential basis on share swap basis

Registrar and Share Transfer Agent

Purva Shareregistry (India) Pvt. Ltd., 9 Shiv Shakti Ind. Estt., J R Boricha Marg, Lower Parel, East Mumbai-400011

Compliance Status

  • No deposits accepted under Sections 73 or 74 of Companies Act, 2013
  • No material related party transactions during the year
  • No significant/material orders passed by regulators/courts
  • No application/proceedings under Insolvency and Bankruptcy Code, 2016
  • No fraud reported by auditors under Section 143(12)

Internal Financial Controls

Company has adequate internal financial controls system which were operating effectively as on March 31, 2026

Key Financial Ratios

  • Current Ratio: 28.72 (FY25: 20.61)
  • Debt-to-Equity Ratio: 0.39 (FY25: 3.60)
  • Return on Equity: 9.57% (FY25: 3.83%)

#Tags: #KanungoFinanciers #AGM2026 #SEBIDisclosure #RegulatoryCompliance #FinancialResults #CorporateGovernance #Neutral