This is to inform you that in accordance to Regulation 30 of the SEBI (LODR), Regulation 2015, members of the Company in its Forty First Annual General Meeting held on Thursday, 25th September, ....
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Savani Financials Limited held its 41st AGM on 25th September 2025 where shareholders approved several key proposals. These include raising the borrowing limit to Rs. 500 crores, increasing authorised share capital to Rs. 100 crores (divided into equity and preference shares), and adopting a new Employee Stock Option Scheme called ESOS 2024. Shareholders also approved grant of stock options to employees of the company and group companies, including grants of 1% or more of issued capital. Other approvals include material related party transactions for FY2025-26, a change in the company's name, and adoption of a new set of Articles of Association.
The approvals signal a capital expansion phase with potential dilution through ESOPs, increased borrowing capacity, and related party transactions worth monitoring. The name change and authorised capital hike suggest the company is repositioning itself, which shareholders should track for future fundraising or strategic moves.