Submission of Voting results of the 32nd Annual General Meeting of the Company
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Regency Fincorp Limited held its 32nd AGM on 3rd September 2025 via video conferencing, with 48 shareholders attending (3 from promoter group, 45 from public) out of 6,441 total shareholders on record. All 8 resolutions were passed with overwhelming majority, receiving over 99.99% votes in favour. Key items approved included adoption of FY25 financial statements, appointment of Mr. Sarfaraz Mallick as Executive Director, re-appointment of Mr. Gaurav Kumar as Managing Director, salary hikes for executive directors Sarfaraz Mallick and Vishal Rai Sarin, an increase in the company's borrowing limits, and appointment of M/s Shailendra Roy and Associates as Secretarial Auditor. Voting turnout was modest at around 20–26% of outstanding shares across resolutions, with promoters holding roughly 14.2% (9.85 lakh shares) of the 6.95 crore total shares.
Routine, smooth AGM outcome with no contentious resolutions — shareholders should expect no material disruption from these approvals, though the executive remuneration hikes and expanded borrowing capacity signal management's intent to scale operations or take on more debt.