Amit Securities Limited shareholders approved the audited standalone and consolidated financial statements for the financial year ended March 31, 2026, during the company's 34th Annual General Meeting (AGM) held on September 23, 2026. The meeting also confirmed the revocation of the suspension order imposed by the Bombay Stock Exchange (BSE) on the trading of the company's shares.

The meeting, conducted via video conferencing, ratified the re-appointment of Praveen Jain as a director liable to retire by rotation. Additionally, the board approved the appointment of Gunjan Agrawal as an Independent Director for a term of up to five consecutive years.

AGM resolutions and governance updates

The AGM commenced at 1:00 pm and concluded at 1:30 pm. Members transacted ordinary business with requisite majority. The key resolutions passed included:

• Adoption of audited standalone and consolidated financial statements for FY26.
• Re-appointment of Praveen Jain (DIN: 05358447) as Director.
• Appointment of Gunjan Agrawal (DIN: 11860774) as Independent Director.

Board changes and operational updates

The appointment of an Independent Director strengthens the board's governance framework, ensuring compliance with regulatory standards for listed entities. The re-appointment of Praveen Jain ensures continuity in board leadership. Nitin Maheshwari served as the Chairman of the meeting, providing a review of business operations and outlook for the fiscal year.

During the proceedings, the Chairman informed shareholders about the revocation of the suspension order received from the Bombay Stock Exchange (BSE) Limited regarding the trading of the company's shares. This development marks a return to normal trading activity on the exchange. The meeting was conducted through video conferencing, with the registered office in Mumbai serving as the deemed venue.

Amit Securities Limited appointed Simran Chopra as an Independent Director effective September 15, 2023. The appointment, approved by shareholders at the company's Annual General Meeting, marks a five-year term for the compliance-focused professional.

The decision was formalized through a special resolution passed during the meeting held via video conferencing. Chopra meets the independence criteria under Section 149(6) of the Companies Act, 2013, and SEBI (LODR) Regulations, 2015. She does not hold any equity shares in the company, ensuring no financial conflict of interest with existing stakeholders.

Profile and qualifications

Chopra is a commerce graduate who has cleared all examination and training levels of the Institute of Company Secretaries of India (ICSI), awaiting final membership. She currently works as a business consultant and compliance manager, bringing five years of experience in business compliance, management, and corporate laws. Her expertise includes handling client relationships and business management operations.

Governance implications

The appointment follows the recommendation of the Nomination and Remuneration Committee. The board cited her commitment and capabilities as crucial to the company's growth. As an Independent Director, she will not be liable to retire by rotation, providing stability to the board's oversight functions. No other directors were found to be financially or otherwise interested in the resolution.