ENCLOSED HEREWITH 34TH AGM OUTCOME & PROCEEDINGS
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Sanchay Finvest Ltd held its 34th Annual General Meeting on Monday, September 29, 2025, at its registered office in Andheri West, Mumbai, from 2:00 PM to 2:45 PM IST. The meeting was chaired by Whole Time Director Mr. Sarthak Naresh Sharma, with 31 members attending out of 6,356 total shareholders as on the cut-off date of September 22, 2025. Seven resolutions were considered and passed, including adoption of FY2024-25 audited financial statements, re-appointment of two directors retiring by rotation (Mr. Sarthak Naresh Sharma and Mr. Narottam Kumar Nandlal Sharma), appointment of M/s Jain Jagawat Kamdar & Co. as new Statutory Auditors for a 5-year term, re-appointment of Mr. Naresh Kumar Sharma as Managing Director for 3 years, appointment of Mr. Ramesh Chandra Mishra as Secretarial Auditor for 5 years, and a special resolution to shift the registered office from Madhya Pradesh to Maharashtra. Remote e-voting was conducted from September 26 to September 28, 2025, and detailed voting results along with the scrutinizer's report will be filed with BSE by October 1, 2025.
The most notable item is the special resolution to shift the registered office from Madhya Pradesh to Maharashtra, which may affect regulatory oversight and could signal a strategic relocation closer to financial hubs. Continuity in leadership via re-appointment of the Managing Director and two rotating directors, along with new auditor appointments for 5-year terms, suggests stability in governance. Retail investors should review the upcoming voting results to assess shareholder approval levels, particularly on the office shift resolution.