32nd AGM results: both resolutions passed with near-unanimous majority

Board & Shareholder Meetings View source PDF Explain this filing

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Price reactionminutes from the announcement price · days from the prior close

+3.8%Reaction day

₹59.50

prior close

₹59.62

announcement price

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Nifty Microcap 250market · in no size index; the smallest one is used-1.3%+5.1% vs market

Non Banking Financial Company (NBFC) peers, median of 220sector-0.6%+4.4% vs sector

On the reaction day the stock moved 5.1 pts more than Nifty Microcap 250 and 4.4 pts more than its Non Banking Financial Company (NBFC) peers, over the same two closes: a difference in percentage points, not a measure of what the filing did.

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UpDownMarket · Nifty Microcap 250Sector · Non Banking Financial Company (NBFC) peers, median of 220Pending

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AI summary

Upsurge Investment & Finance held its 32nd AGM on September 30, 2026 via video conferencing. Both ordinary resolutions passed with requisite majority. Resolution 1 (adoption of FY25-26 financial statements) was approved with 100 percent votes in favor out of 1.40 crore polled. Resolution 2 (re-appointment of Pratibha Goyal as director retiring by rotation) was approved with 99.99 percent votes in favor. Total of 3,964 shareholders on record, with only 43 attending the meeting through VC.

Likely market impact

Routine procedural outcome. Both resolutions passed easily, confirming board continuity with no material impact on shareholders.