34th Annual General Meeting of the Company is scheduled to be held on Wednesday 03rd September, 2025 at 12.15 hrs IST through VC/OAVM.
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Anupam Finserv Ltd has called its 34th AGM on Wednesday, September 3, 2025 at 12:15 PM, to be held via video conferencing. Shareholders will vote on adoption of FY25 audited financial results, reappointment of Mr. Siddharth Gala as director retiring by rotation, and appointment of M/s Kushla Rawat & Associates as Secretarial Auditors for five years (FY26 to FY30). A key item is the elevation of Mr. Siddharth Gala (son of promoter Pravin Gala) from Executive Director to Managing Director for five years effective August 7, 2025, at a remuneration of Rs. 2 lakh per month, after his mother Mrs. Nirmala Gala stepped down as Managing Director on the same date. Shareholders will also be asked to approve material related party transactions of up to Rs. 5 crore each with promoter-linked entities (Nipra Trading, GM Mercantile, Anupam Wealth, Anupam Stationery), in the form of loans/borrowings at 9-15% interest for 3-5 year tenures. The cut-off date for e-voting eligibility is August 27, 2025, with remote e-voting open from August 31 to September 2, 2025.
The AGM formalises a clear promoter-family succession at the top of the NBFC, with second-generation leadership taking charge. The related party transaction approval is sizeable at 135% of consolidated turnover per entity and warrants attention from minority shareholders, though terms are stated to be at arm's length.