Abhinav Capital Services Limited held its Annual General Meeting on September 30, 2026, adopting the audited financial statements for the fiscal year ended March 31, 2026. The meeting also saw the reappointment of Managing Director Chetan Karia and the approval of material related party transactions with promoter entities.

Governance and leadership updates

Chetan Karia, who holds DIN 00015113, retired by rotation during the meeting and was reappointed as a director in his place. He presided over the meeting, which was conducted via Video Conferencing (VC) and Other Audio Visual Means (OAVM) in compliance with the Companies Act, 2013, and MCA general circulars. All directors of the company participated through VC, alongside 17 shareholders who joined remotely.

The quorum was established as per statutory requirements before the Chairman called the meeting to order. Members were informed that e-voting facilities were available from September 27 to September 29, 2026, based on shareholding as on the record date of September 23, 2026. Mr. Abhishek Walwaikar, Advocate, served as the Scrutinizer for the voting process.

Approval of related party transactions

A significant portion of the agenda focused on special business items concerning material related party transactions. Shareholders approved deals between the company and three specific entities linked to the promoters:

• Vikabh Securities Private Limited (Promoter's Entity)
• Asian Markets Securities Private Limited (Promoter's Entity)
• M/s. Vinod H Biyani (Partnership Firm of Promoter)

These approvals ensure continued operational relationships with key promoter-linked firms, subject to regulatory oversight under SEBI listing obligations.

Voting and conclusion

All members cast their votes through remote e-voting prior to the meeting, eliminating the need for live voting during the session. The combined results of the e-voting process were authorized for declaration by the Scrutinizer. These results are scheduled to be published on the company’s website and communicated to stock exchanges within two days of the meeting's conclusion.

The meeting concluded at 11:21 am, with the Chairman thanking members for their participation.

Abhinav Capital Services will hold its 32nd Annual General Meeting on September 30, 2026, seeking shareholder approval for material related-party transactions. The company proposes aggregate transaction limits of ₹750 crore across three promoter-linked entities.

The meeting will be conducted via video conferencing and other audio-visual means. Key agenda items include the adoption of financial statements for FY26, the re-appointment of Managing Director Chetan Karia, and approvals for specific related-party arrangements.

Related-Party Transaction Limits

The board has recommended three ordinary resolutions for prospective related-party transactions. Each resolution sets a cumulative aggregate transaction value limit of ₹300 crore, though maximum outstanding exposure limits vary by entity.

These transactions are intended to meet working capital, treasury, liquidity, and margin requirements. The funds will be sourced from internal accruals and other available sources. The approvals are valid from the AGM date until the next AGM held within timelines prescribed under Section 96 of the Companies Act, 2013.

Governance and Director Re-Appointment

Shareholders will also consider the re-appointment of Chetan Karia as a director liable to retire by rotation. Karia, who holds a Bachelor of Commerce degree and has over 35 years of experience in finance and accounts, was initially appointed on June 16, 2003.

The explanatory statement notes that Karia attended six board meetings during the year. He currently holds no shares in the company and has no directorships in other companies or LLPs. His last drawn remuneration was ₹21,80,460.

Voting and Meeting Logistics

Remote e-voting will be facilitated by Central Depository Services (India) Limited. The voting period commences on September 27, 2026, at 9:00 am and ends on September 29, 2026, at 5:00 pm. The cut-off date for eligibility is September 23, 2026.

In accordance with Regulation 23 of the SEBI Listing Regulations, related parties are restricted from voting on the resolutions concerning their respective transactions. Abhishek Walwaiikar has been appointed as the scrutinizer for the e-voting process.