5Paisa Capital Limited has informed the Exchange regarding Proceedings of 18th Annual General Meeting held on August 25, 2025
5PAISA · price
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Awaiting price reaction for this filing.
5Paisa Capital held its 18th AGM on August 25, 2025 from 11:30 AM to 1:26 PM via video conferencing, with 56 shareholders attending. The board (excluding Mr. Ravindra Garikipati) and statutory/secretarial auditors were present, and auditors' reports contained no adverse qualifications. Eighteen resolutions were tabled and deemed passed, including adoption of FY25 audited financial statements, re-appointment of Mr. Ameya Agnihotri as director, appointment of M/s. Nilesh Shah & Associates as Secretarial Auditors for five years (FY26–FY30), and appointment of Dr. Sarat Kumar Malik as Independent Director. Shareholders also approved 12 material related-party transactions with IIFL group entities and 5paisa subsidiaries, an NCD private placement plan, and commission to non-executive directors of up to 1% of net profit. The company also formally introduced recently appointed MD & CEO Mr. Gaurav Seth, who outlined FY26 strategy with a technology-led focus. Voting results will be declared within two working days.
This is a routine AGM compliance filing — all standard business items were approved, so no immediate price-moving surprise is expected. Investors may watch the formal voting results and the CEO's strategy commentary for signals on growth and capital-raising plans, including the NCD private placement proposal.