SG Finserve Limited has informed the Exchange regarding Notice of Annual General Meeting to be held on September 23, 2025
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SG Finserve Limited has informed the exchanges about its 31st Annual General Meeting scheduled for Tuesday, September 23, 2025, at 11:00 A.M., to be held through video conferencing. Shareholders will consider adopting the audited financial statements for FY ended March 31, 2025, and approving the re-appointment of Shri Rohan Gupta (DIN: 08598622), who retires by rotation. Other ordinary business includes appointing M/s. S. P. Chopra & Co. as Statutory Auditors for three years at Rs. 20 lakh per annum, and M/s. Parikh & Associates as Secretarial Auditors for five years at Rs. 1 lakh plus taxes. Special business items include the approval of the 'SG Finserve ESOP 2025' plan through a trust route covering up to 20 lakh equity shares, extending the ESOP to subsidiary/associate company employees, authorising the Employee Welfare Trust for secondary share acquisitions, and re-appointing Ms. Asha Anil Agarwal as Independent Director for a second 5-year term. E-voting window runs from September 20 to September 22, 2025, with the cut-off date set as September 16, 2025.
The ESOP 2025 proposal is the most material item, as it sets up a trust to buy up to 20 lakh shares from the market for employee grants, which could create some supply pressure on the stock and lead to mild dilution over time. Other resolutions are largely routine, focusing on auditor appointments, director re-appointments, and enabling provisions to fund the trust — no immediate cash dividend or major corporate action is announced.