Capital India Finance Limited has approved the appointment of M/s Arun Gupta & Associates as Secretarial Auditors of the Company and Re-appointment of Mr. Keshav Porwal as Managing Director of the Company
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Capital India Finance Limited held its 31st AGM on September 25, 2025, and shareholders approved all 7 resolutions. A final dividend of INR 0.02 per equity share (face value INR 2) was declared for FY 2024-25. Mr. Keshav Porwal was re-appointed as a Director (retiring by rotation) and also as Managing Director for another 3-year term starting November 27, 2025. M/s Arun Gupta & Associates was appointed as Secretarial Auditors for a 5-year period (April 1, 2025 to March 31, 2030). Shareholders also approved amendments to the object clause of the MOA and authorised raising funds through debt securities. All resolutions passed with over 99.99% votes in favour.
The continuity in leadership with Mr. Porwal's re-appointment provides stability, while the debt securities authorisation may lead to future fundraising that could dilute equity or increase interest costs. The very small dividend of INR 0.02 per share is largely symbolic, and the MOA amendment suggests possible expansion of business activities.