Aravali Securities adopts FY26 accounts at 46th AGM

1 min read Updated on 04 Jul 2026, 02:25 PM

Reviewed by

Ashish TScanX News Team

AI Summary

Aravali Securities & Finance Ltd conducted its 46th Annual General Meeting on July 04, 2026, adopting audited financial statements for the financial year ended March 31, 2026. Shareholders approved the re-appointment of Mrs. Malvika Poddar and the appointment of Mrs. Chandra Lekha Poddar and Mr. Shiv Poddar as Non-Executive Non-Independent Directors.

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Aravali Securities & Finance Ltd conducted its 46th Annual General Meeting on July 04, 2026, through video conferencing, adopting the audited financial statements for the financial year ended March 31, 2026. The meeting, held at the company's registered office in Gurgaon, saw the approval of key director appointments and re-appointments. Mrs. Chandra Lekha Poddar, Additional Director, was elected as the chairperson of the meeting.

The proceedings were conducted in compliance with the Companies Act, 2013, and the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015. Remote e-voting was facilitated from July 01, 2026, to July 03, 2026, with e-voting also available for shareholders present during the meeting. Mr. Gaurav Arora, Practicing Company Secretary, was appointed as the scrutinizer for the e-voting process.

The board of directors present included Mr. Subhash Chand, Mr. Tara Chand Sagar, Mr. Shiv Poddar, Ms. Malvika Poddar, Mr. Naresh Kumar Magoo, and Mr. Sushil Kumar, Chief Financial Officer. Four resolutions were placed before the shareholders, all of which were passed with the requisite majority.

Resolution Item	Details	Type	Status
Financial Statements	Adoption of audited accounts for FY ended March 31, 2026	Ordinary	Passed
Director Re-appointment	Mrs. Malvika Poddar (DIN: 00457245)	Ordinary	Passed
Director Appointment	Mrs. Chandra Lekha Poddar (DIN: 00290957) as Non-Executive Non-Independent Director	Special	Passed
Director Appointment	Mr. Shiv Poddar (DIN: 11472666) as Non-Executive Non-Independent Director	Ordinary	Passed

The company secretary informed the members that the detailed results of the remote e-voting and e-voting at the AGM would be announced within two working days from the conclusion of the meeting. The meeting concluded at 12:28 p.m. with a vote of thanks to the chair.

Historical Stock Returns for Aravali Securities & Finance

1 Day	5 Days	1 Month	6 Months	1 Year	5 Years
+2.43%	+2.43%	+6.76%	+2.16%	-20.71%	-2.32%

What strategic direction will the newly appointed Non-Executive Non-Independent Directors bring to the company?

How will the financial performance reflected in the adopted FY26 accounts influence the company's dividend policy?

Are there any significant capital expenditure plans or expansion strategies outlined for the upcoming fiscal year?

AGM Agenda and Key Business

The meeting will be convened to transact ordinary business, including the adoption of audited financial statements for the financial year ended March 31, 2026, and the re-appointment of Mrs. Malvika Poddar, who retires by rotation. Shareholders will also vote on the appointment of Mrs. Chandra Lekha Poddar and Mr. Shiv Poddar as Non-Executive and Non-Independent Directors. The AGM is being held in compliance with the Companies Act, 2013, SEBI Listing Regulations, and applicable circulars issued by the Ministry of Corporate Affairs (MCA) and SEBI.

Meeting and E-Voting Schedule

The following table summarises the key dates and timelines for the AGM and associated processes:

AGM Schedule	Details
Meeting Date	July 04, 2026
Meeting Time	12:00 Noon IST
Book Closure	June 28, 2026 to July 04, 2026
E-voting Start	July 01, 2026 at 9:00 A.M. IST
E-voting End	July 03, 2026 at 5:00 P.M. IST
Cut-off Date	June 27, 2026
Newspaper Publication Date	June 08, 2026

The Register of Members and Share Transfer Books will remain closed from June 28, 2026, to July 04, 2026, to determine shareholder eligibility. The cut-off date for e-voting eligibility is June 27, 2026. Aravali Securities has engaged National Securities Depository Ltd. (NSDL) to facilitate remote e-voting and participation through VC/OAVM.

E-Voting and Participation Details

Remote e-voting will commence on July 01, 2026, at 9:00 A.M. IST and conclude on July 03, 2026, at 5:00 P.M. IST. The e-voting module will be disabled by NSDL beyond the stipulated time, and no voting will be permitted thereafter. Members who have cast their votes through remote e-voting prior to the AGM may attend the meeting via VC/OAVM but will not be entitled to vote again during the AGM. Members attending the AGM through VC/OAVM who have not cast their vote through remote e-voting shall be eligible to cast their vote through the e-voting system during the AGM.

Scrutinizer and Compliance

The Board has appointed Mr. Gaurav Arora, a Practicing Company Secretary, as the Scrutinizer to oversee the e-voting and poll process. The AGM notice and Annual Report for the financial year ended March 31, 2026, have been sent only through electronic mode to members whose e-mail addresses are registered with the Company or Depositories. The regulatory filing was submitted to BSE Limited and signed by Company Secretary and Compliance Officer Aakanksha Jaiswal.

Historical Stock Returns for Aravali Securities & Finance