Team India Guaranty Limited has informed the Exchange regarding Notice of Annual General Meeting to be held on September 12, 2025
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Team India Guaranty Limited has called its 35th Annual General Meeting for September 12, 2025 at 3:00 p.m. via video conferencing, with a cut-off date of September 5, 2025 and remote e-voting from September 9–11, 2025. Ordinary business includes adoption of FY25 audited financial statements, re-appointment of Mr. Satish Maruti Mangutkar (DIN: 10463913) as director, and appointment of V. B. Goel & Co. as Statutory Auditors for 5 years at a fee of ₹3,55,000 plus taxes for FY26, along with M/s. Aabid & Co. as Secretarial Auditors for 5 years at ₹70,000. The key Special Resolution seeks approval to issue up to 22,48,270 equity shares of face value ₹10 at ₹285 per share (including ₹275 premium) to the shareholders of 4A Financial Technologies Private Limited, as consideration other than cash, to acquire up to 100% stake in the company. The total deal value is approximately ₹64.08 crore, after which 4A Financial Technologies would become a subsidiary of Team India Guaranty.
Existing shareholders will face dilution of around 22.48 lakh new shares issued at a substantial premium (₹285 vs ₹10 face value), but the share-swap acquisition could expand the company's presence in the fintech/financial services space without any cash outflow. Investors should weigh the long-term strategic value of the 4A Financial Technologies acquisition against the immediate equity dilution.