AGM Details

The 32nd Annual General Meeting will be held on Thursday, September 17, 2026 at 12:00 p.m. at the Registered Office of the company situated at 3rd Floor, Vaastu Darshan, "B" Wing, Azad Road, Andheri (East), Mumbai - 400 069.

Cut-off and E-voting Dates

  • Cut-off date for determining members eligible to vote: Friday, September 11, 2026
  • Remote e-voting period: Sunday, September 13, 2026 at 9:00 a.m. to Wednesday, September 16, 2026 at 5:00 p.m.
  • E-voting facility provided through National Securities Depository Limited (NSDL)

Business to be Transacted

Ordinary Business:

1. To receive, consider and adopt Audited Financial Statements for FY 2025-26 including Balance Sheet as at March 31, 2026, Statement of Profit and Loss, Cash Flow Statement, and reports of Board of Directors and Auditors

2. To appoint Mr. Atul Jain (DIN: 00096052) who retires by rotation and offers himself for re-appointment

Special Business:

3. To re-appoint Mr. Dipen Prabhat Maheshwari (DIN: 03148904) as Managing Director for a further term of three years from April 1, 2027 to March 31, 2030

Financial Performance (Amount in INR '000)

| Particulars | FY 2025-26 | FY 2024-25 |

| Revenue from Operations | 7,235.18 | 6,655.09 |

| Other Income | 1,996.72 | 2,541.22 |

| Total Revenue | 9,231.90 | 9,196.31 |

| Total Expenses | 8,474.06 | 5,945.04 |

| Profit Before Tax | 757.84 | 3,251.27 |

| Profit After Tax | 1,643.58 | 2,568.52 |

Key Financial Position (As at March 31, 2026)

  • Loans: ₹87,385.87 (Net of expected credit loss provision of ₹439.13)
  • Investments: ₹14,733.64
  • Cash and Cash Equivalents: ₹1,299.61
  • Total Assets: ₹109,043.94
  • Share Capital: ₹50,100.00 (5,010,000 equity shares of ₹10 each)
  • Reserves and Surplus: ₹57,241.32

Managing Director Re-appointment Details

  • Mr. Dipen Prabhat Maheshwari to be re-appointed as Managing Director for three years from April 1, 2027 to March 31, 2030
  • Aggregate remuneration not exceeding ₹30,00,000 per annum (previous remuneration: ₹16,75,000)
  • Remuneration payable as minimum remuneration even in absence or inadequacy of profits
  • Mr. Maheshwari holds 75,000 equity shares in the company

Dividend and Reserves

  • No dividend recommended for FY 2025-26
  • Transferred ₹328.72 to Statutory Reserve pursuant to Section 45-IC of RBI Act, 1934

Board Composition

  • Mr. Dipen Maheshwari: Managing Director
  • Mr. Atul Jain: Non-Executive Director (retiring by rotation)
  • Mrs. Dipti Chheda: Non-Executive Independent Director (appointed May 22, 2025)
  • Mr. Jiyan Shah: Non-Executive Independent Director

Auditors and Compliance

  • Statutory Auditors: M/s Sampat & Mehta LLP (continues until 33rd AGM)
  • Internal Auditors: M/s. Tejas Gohil & Co
  • Secretarial Auditor: Mr. Anirudh Kumar Tanvar
  • All auditor reports are unmodified without qualifications

Other Material Information

  • No changes in share capital during the year
  • No subsidiaries, joint ventures or associate companies
  • No public deposits accepted
  • No significant related party transactions
  • Company is exempt from corporate governance provisions due to size criteria
  • Gender composition: 3 male employees, 6 female employees, 0 transgender employees

Voting Arrangements

  • Members can vote electronically through NSDL from September 13-16, 2026
  • Physical voting will be available at AGM for members not voting electronically
  • Scrutinizer: CA Tejas Gohil of M/s. Gohil Tejas & Co
  • Results will be declared immediately after AGM and posted on company website