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▲ positive · ▼ negative · ● neutral filings · teal = economic event · numbered = multiple that day (click to pick). Times IST.
Awaiting price reaction for this filing.
Kumbhat Financial Services Limited held its 32nd Annual General Meeting on 20th August 2025 through video conferencing, conducted via CDSL. The meeting ran from 10:00 AM to 10:48 AM IST, with all directors present and Managing Director Sanjay Kumbhat elected as Chairman. A key highlight was the Chairman's update that the company has met the RBI's Scale Based Regulation (SBR) target of maintaining net owned funds of at least Rs. 5 crores as on 31 March 2025, and is confident of achieving the next milestone of Rs. 10 crores by 31 March 2027. Ordinary business included adoption of the audited financial statements for FY25 and re-appointment of Sanjay Kumbhat (DIN: 03077193), who retires by rotation. One special business resolution was also tabled. Shareholders were given the opportunity to ask questions, and e-voting was facilitated by CDSL.
This is a routine regulatory filing confirming the AGM was conducted as required, with no contentious matters flagged. The disclosure of meeting RBI's NBFC capital adequacy target is a positive signal for shareholders, showing the company is on track with regulatory compliance and growth plans.