Dear Sir, with reference to acknowledgement no. 10950737 filed with BSE dated 25th September, 2025 at 01:34:31 PM, kindly take this attached proceedings as final.
Awaiting price reaction for this filing.
Avasara Finance Ltd (formerly TRC Financial Services Limited) held its 31st AGM on 25th September 2025 from 12:00 Noon to 1:00 PM via video conferencing. Mr. Vinu Mammen, Whole Time Director, chaired the meeting. The Chairman gave an overview of the financial performance for FY ending 31st March 2025 and future outlook. Three resolutions were tabled: (1) ordinary resolution to adopt audited standalone financial statements for FY25, (2) ordinary resolution to re-appoint Mr. Korodi Sanjay Prabhu (DIN: 00023196) who retires by rotation, and (3) special resolution to appoint Mr. Vinu Mammen (DIN: 10710860) as Whole Time Director. Voting was conducted electronically via PURVA platform, with Ms. Priti J. Sheth & Associates appointed as scrutinizer. Eight members requested to speak and had their questions answered. Results of voting are pending and will be declared in due course.
The filing is a routine regulatory disclosure of AGM proceedings with no material new information for shareholders. The re-appointment of a director and appointment of the Whole Time Director are governance updates, with voting results still pending which could be a minor near-term catalyst once announced.