The 41st Annual General Meeting of the members of Finkurve Financial Services Limited will be held on Tuesday, September 30, 2025 in accordance with applicable provisions.
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Finkurve Financial Services has called its 41st AGM for Tuesday, September 30, 2025 at 3:00 PM IST, to be held entirely via video conferencing (VC/OAVM) without physical attendance. Shareholders will vote on adopting the FY2024-25 audited financial statements, re-appointing director Ketan Bhawarlal Kothari (DIN: 00230725) who retires by rotation, and appointing M/s. Ladha Singhal & Associates as statutory auditors from the 41st AGM until the 46th AGM. Several special business items seek shareholder approval for material related-party transactions: granting loans of up to ₹50 crore each to Aranath Real Estate and Augmont Enterprises, accepting loans aggregating up to ₹425 crore from five related parties, and service fees/commission of up to ₹25 crore with Augmont Goldtech. The notice also seeks approval (via special resolutions) to expand the Board's borrowing power to ₹2,500 crore, raise the Section 186 investment/loan threshold to ₹3,000 crore, and issue non-convertible debentures on private placement up to ₹1,000 crore. Remote e-voting runs from September 27 to September 29, 2025, with the cutoff date for voting eligibility being September 23, 2025.
This is primarily a procedural AGM, but shareholders should note the substantial expansion of the Board's borrowing and investment authority (up to ₹2,500 crore in borrowings and ₹3,000 crore in loans/investments) and the significant related-party transaction limits that require approval. No dividend declaration appears in the agenda. Minority shareholders may want to weigh in on the related-party resolutions, which involve large sums with entities linked to directors.