Intimation of the proceedings of the AGM held on 19th September 2025
Price
▲ positive · ▼ negative · ● neutral filings · teal = economic event · numbered = multiple that day (click to pick). Times IST.
Awaiting price reaction for this filing.
S.I. Capital & Financial Services held its 31st AGM on September 19, 2025 via video conferencing, chaired by Mr. Vinod Manazhy. Eight resolutions were transacted, including adoption of FY25 audited financials, reappointment of two directors (Mr. Anu Thomas Cheriyan and Mr. Unnikrishnan Anchery) retiring by rotation, appointment of M/s. Ayyar & Cherian as new statutory auditors and M/s. Liya & Associates as secretarial auditor, appointment of Dr. Habeebrahiman as Independent Director, regularization of Mr. Nijo Michel as Director, and approval to issue Non-Convertible Debentures via private placement. Remote e-voting was held from September 16-18, 2025; voting results will be declared separately. A shareholder asked about a possible rights issue and fund-raising plans, but the Chairman declined to share details, citing price sensitivity, and confirmed the Board has not yet decided on this.
The NCD private placement resolution signals potential fundraising activity ahead, while the change in statutory and secretarial auditors is a governance update. Voting outcomes are pending and will clarify shareholder sentiment on key resolutions, including the NCD issuance.