KLG Capital to surrender RBI NBFC licence; AGM deadline extended

KLG Capital Services board approved voluntarily surrendering its RBI Certificate of Registration as an NBFC. Reasons cited: continuing negative net worth, nil operating income in recent quarters, NPA classification, and lack of funds to restore the required NOF. Equity shares will remain listed and the company will keep complying with SEBI LODR. The board also approved seeking a further ROC extension to hold the FY26 AGM by December 31, 2026, citing pending statutory and procedural matters including auditor appointments.