BSEParagon Finance LtdLowNeutral
Announced Fri, 26 Sept · 12:02 IST

As attached

Board & Shareholder Meetings View source PDF

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▲ positive · ▼ negative · ● neutral filings · teal = economic event · numbered = multiple that day (click to pick). Times IST.

Price reaction · full curve

Awaiting price reaction for this filing.

AI summary

Paragon Finance Limited held its 39th Annual General Meeting on Wednesday, September 24, 2025, via video conferencing from 12:15 PM to 12:30 PM (IST). Five resolutions were tabled, covering adoption of FY2024-25 audited financial statements, re-appointment of Mr. Sanjay Kumar Gupta (DIN: 00213467) as Director (retiring by rotation), appointment of a Secretarial Auditor for 5 consecutive years, re-appointment of Mr. Gupta as Whole-Time Director, and revision of his remuneration effective October 1, 2025. Out of 4,250,000 total outstanding shares, 3,221,586 shares (75.80% of the equity) were polled through e-voting. All five resolutions passed overwhelmingly, with 32,21,302 votes (99.99%) in favour and just 284 votes (0.01%) against each. PCS Rupal Patel (M. No. 6275, CP No. 3803) acted as the Scrutinizer and confirmed the results.

Likely market impact

A routine, largely procedural outcome with no contentious business — promoters (~70.87% holding) backed all resolutions and public dissent was negligible at 0.01%. Minor points of interest for shareholders are the revision in Whole-Time Director remuneration effective October 1, 2025 and the 5-year lock-in for the new Secretarial Auditor.