Submission of notice of Annual General Meeting
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Emerald Finance Limited has sent out the notice for its 42nd Annual General Meeting scheduled for Tuesday, 30th September 2025 at 10:00 a.m. at the company's registered office in Chandigarh. Shareholders will consider adoption of audited financial statements (standalone and consolidated) for FY ending 31 March 2025 and declaration of a final dividend of Rs. 0.09 per share. Key agenda items include the re-appointment of Mr. Sanjay Aggarwal as Managing Director for another 3 years with a monthly salary of Rs. 1,00,000 plus perquisites, appointment of Mr. Anil Singh Negi as Secretarial Auditor for 5 years (FY 2025-26 to 2029-30), and approval of related party transactions worth up to Rs. 15 crores per related party for FY 2025-26 and FY 2026-27 with entities including Eclat Net Advisors, Eclat Capital and Finance, Reliable Capital, and Eclat Capital Services. The record date for dividend entitlement is 23rd September 2025, and the register of members will be closed from 24th to 30th September 2025. E-voting facility through NSDL will be available from 27th September to 29th September 2025.
Routine AGM notice with standard business items. The small final dividend of Rs. 0.09 per share indicates modest shareholder returns. The large related party transaction limits (Rs. 15 crores each) and the re-appointment of the existing Managing Director suggest continuity in management and related-party dealings, which shareholders should review for arm's-length pricing.