Sbfc Finance Limited has submitted the Exchange a copy Srutinizers report alongwith Voting Results of Annual General Meeting held on July 14, 2025
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SBFC Finance Limited submitted the voting results and scrutinizer's report for its 18th Annual General Meeting held on July 14, 2025 via video conferencing. A total of 8 resolutions were voted on, with shareholders approving all of them with overwhelming majority. Promoters holding 57.92 crore shares voted 100% in favour across all resolutions, while public institutions (2.62 crore shares) and public non-institutions (2.48 crore shares) also largely supported each resolution. Combined voting turnout was about 84.95% of total shares. Resolutions covered adoption of standalone and consolidated financial statements for FY25, re-appointment of Mr. John Mescall as director, appointment of M/s Parikh & Associates as secretarial auditors, appointment of Mr. Leroy James Langeveld as Non-Executive Nominee Director, amendments to two stock option policies (2018 and 2021-I), and approval for issuance of debt securities including non-convertible debentures. The scrutinizer was Ms. Jigyasa Ved of M/s Parikh & Associates, Practising Company Secretaries.
This is a routine regulatory filing confirming shareholders' approval of all AGM agenda items with near-unanimous support. No controversial resolutions were rejected, so there is no negative impact on shareholders. Approval to issue debt securities gives the company flexibility to raise funds going forward, which is positive for growth funding.