Notice of 34th Annual General Meeting to be held on 5th September, 2025 at 12:00 noon.
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Margo Finance Limited has scheduled its 34th Annual General Meeting (AGM) on Friday, 5th September 2025 at 12:00 noon, to be conducted via video conferencing (VC/OAVM). Three items are on the agenda: adoption of audited financial statements for FY ending 31st March 2025, re-appointment of Mr. Shri Dass Maheshwari (DIN: 00181615) as director retiring by rotation, and a special resolution to re-appoint him as Whole-time Director – Finance & CFO for two years (30th April 2025 to 29th April 2027). FY25 financials showed strong growth, with revenue from operations rising to Rs. 135.44 lakhs (from Rs. 81.15 lakhs in FY24) and net profit increasing to Rs. 34.63 lakhs (from Rs. 24.28 lakhs). The register of members will remain closed from 29th August to 5th September 2025, with remote e-voting via NSDL open from 2nd September to 4th September 2025.
Continuity in leadership with re-appointment of the long-serving CFO is reassuring for shareholders, while improved FY25 profitability (net profit up ~43% YoY) reflects positively on the company. The special resolution requires shareholder approval, which should be routine given the director's 40+ years of finance experience and the company's small size (NBFC with Rs. 135 lakhs revenue).