SG Finserve Limited has informed the Exchange regarding voting results of Annual General Meeting held on September 23, 2025
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SG Finserve Limited held its 31st AGM on September 23, 2025 via video conferencing, where all 9 resolutions were passed. Key items approved include adoption of audited financial statements for FY ending March 31, 2025, re-appointment of director Shri Rohan Gupta, appointment of M/s S.P. Chopra & Co. as Statutory Auditors for 3 years (till FY2028), and appointment of M/s Parikh & Associates as Secretarial Auditors for 5 years (till FY2030). Shareholders also approved the 'SG Finserve Employees Stock Option Plan 2025' (ESOP 2025) through a Trust route, along with related resolutions to extend the plan to subsidiary/associate employees, authorize the Employees Welfare Trust for secondary share acquisition, and provide funding to the trust. The re-appointment of Ms. Asha Anil Agarwal as Non-Executive Independent Director for a second 5-year term was also approved. Of 31,304 shareholders on record date, voting participation stood at 55.42% with 30,978,083 votes polled. Most resolutions passed with 99.99% approval, while ESOP and trust-related resolutions received 96.67% support.
The results are largely procedural and confirm strong shareholder backing for management proposals. The ESOP 2025 approval introduces a new employee stock option scheme via a trust, which could lead to equity dilution over time and is a key forward-looking event for the stock. The 5-year re-appointment of the independent director provides board continuity. No material negative signals as all resolutions passed with overwhelming majorities.