Aravali Securities and Finance Limited has published the notice of its 46th Annual General Meeting in leading newspapers, fulfilling its disclosure obligations under Regulation 30 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015. The notice, dated June 06, 2026, was published on June 08, 2026, in the Financial Express (English Edition) and Jan Satta (Hindi Edition). The 46th AGM is scheduled to be held on Saturday, July 04, 2026, at 12:00 Noon IST via Video Conferencing (VC)/Other Audio Visual Means (OAVM).

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:

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.

Aravali Securities and Finance Limited has been fined ₹1,84,080 by BSE Limited for non-compliance with Regulation 17(1A) of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015. The penalty, inclusive of GST, was imposed on May 27, 2026, following an email communication from the exchange regarding the violation. The company stated that the financial impact is limited to the fine amount and that it has initiated necessary corrective measures to ensure compliance.

The non-compliance concerns Mrs. Chandra Lekha Poddar, a Non-Executive Director who attained the age of 75 years. BSE Limited first communicated this via email on May 08, 2026, noting that the provisions of Regulation 17(1A) were applicable. The company management placed the matter before the board and initiated internal discussions. A board meeting is scheduled for June 06, 2026, to consider and approve the notice for the ensuing Annual General Meeting to seek shareholder approval for Mrs. Poddar's appointment.

The following table details the penalty and compliance status:

Aravali Securities and Finance Limited attributed the delay in disclosure to inadvertent and procedural reasons, stating it was neither wilful nor deliberate. The company is in the process of submitting a representation to the exchange and has initiated steps to ensure timely compliance with the SEBI Listing Regulations. The matter regarding the director's tenure is proposed to be placed before shareholders at the upcoming Annual General Meeting.