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Abirami Financial Services India Ltd will hold its 32nd AGM on Thursday, September 4, 2025, at 11:00 AM via video conferencing. The record date is August 28, 2025, and book closure runs from August 29 to September 4, 2025. Shareholders will consider adopting FY2024-25 audited results and declaring a 15% dividend (Rs. 1.50 per share on Rs. 10 face value). Other resolutions include re-appointing Muthulakshmi Ganesh (retiring by rotation), re-appointing Chitra Sivaramakrishnan as Whole-time Director for 3 years at Rs. 4.50 lakh per annum, seeking approval to continue Chairman K.V. Aiyappan (aged 75+) as Non-Executive Director, and appointing M/s. Porselvam & Associates as Secretarial Auditors for 5 years (FY2025-26 to FY2029-30) at Rs. 1 lakh per year. A notable special resolution proposes amending the company's object clause to add real estate, land development, construction, and technology/digital/AI businesses, signalling a major diversification away from its core NBFC activities. E-voting opens September 1 and closes September 3, 2025.
The 15% dividend rewards shareholders, and the AGM agenda is largely routine except for the significant proposed amendment to the company's object clause, which would allow entry into real estate and tech/AI businesses — a material shift from its current NBFC focus that could reshape the company's future direction and risk profile if approved.