Intimation of the EGM of the Company scheduled to be held on 30th June 2025 at 03.00 PM
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SI Capital & Financial Services Ltd has called an Extraordinary General Meeting on June 30, 2025 at 3:00 PM via video conferencing. The EGM has two key items for shareholder approval: (1) regularization of Mr. Anto Mekkattukulam Jayson (DIN: 10528274) as a Director, and (2) his appointment as Managing Director & CEO for a five-year term from April 1, 2025 to March 31, 2030. Mr. Jayson, aged 49, has over 20 years of finance sector experience and currently holds 6,50,000 equity shares in the company. His remuneration includes a fixed pay of ₹75,000 per month plus a 15% performance-based commission on profit before tax exceeding ₹60 lakhs. Remote e-voting will be available from June 27 to June 29, 2025, with the cut-off date set as June 23, 2025.
Shareholders will vote on confirming the MD & CEO appointment and his remuneration structure. The performance-linked commission tied to profitability could incentivize earnings growth, but the modest fixed salary suggests a lean cost structure. For retail investors, this is primarily a governance item — outcomes will be known after the June 30 vote.