Aptus Value Housing Finance India Limited has submitted the Exchange a copy Srutinizers report of Annual General Meeting held on August 21, 2025. Further, the company has informed the Exchange regarding voting results.
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Aptus Value Housing Finance India Limited held its 16th AGM on August 21, 2025 via video conferencing, where all six resolutions were passed with the required majority. The resolutions included the adoption of financial statements (99.99% in favour), appointment of Mr. K.P. Balaraj as Director (88.46% in favour), appointment of S Sandeep & Associates as Secretarial Auditors (99.99% in favour), increase in borrowing limits under Section 180(1)(c) (99.99% in favour), creation of charges on company assets under Section 180(1)(a) (99.99% in favour), and approval to issue Non-Convertible Debentures on a private placement basis (99.99% in favour). Out of 1,60,699 eligible shareholders, 52 attended the AGM through video conferencing. Total valid votes polled were 41,67,98,110 shares representing 83.34% of outstanding shares.
The passing of the special resolutions on borrowing limits, creation of charges, and NCD issuance gives the company significant financial flexibility to raise additional debt for its lending operations, which is critical for a housing finance company's growth. Notably, Resolution 2 (director appointment) saw meaningful dissent from institutional investors, with 22.44% of institutional votes against the resolution, though it still passed overall.