BSEIndia Finsec LtdLowNeutral
Announced Thu, 31 Jul · 17:52 IST

Proceedings of the 31st AGM held through VC/OAVM.

Board & Shareholder Meetings View source PDF

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AI summary

India Finsec Ltd held its 31st AGM on July 31, 2025 via Video Conference, running from 11:30 AM to 12:19 PM with 76 members in attendance. All Board members were present except the CFO, Mr. Manoj Kumar Gupta, who could not attend. Five resolutions were transacted: (1) adoption of audited financial statements for FY ending March 31, 2025, (2) re-appointment of Mr. Mukesh Sharma as director retiring by rotation, (3) re-appointment of Mr. Gopal Bansal as Managing Director via special resolution, (4) appointment of M/s Sarita Singh & Associates as Secretarial Auditors for five years, and (5) approval of material related party transactions. The Chairman addressed shareholders on FY24-25 performance and future plans, and members were given an opportunity to ask questions. Remote e-voting was open from July 27 to July 30, 2025, with additional e-voting available at the meeting.

Likely market impact

The filing is a procedural disclosure covering the AGM proceedings; detailed voting results on each resolution will follow in a separate filing. Shareholders should note the re-appointment of the Managing Director and approval of material related party transactions as items requiring careful review.