Available Finance declared the voting results of its 34th annual general meeting on September 11, 2026. The hybrid meeting, held on September 9, saw shareholders approve all ordinary and special resolutions with the requisite majority.

The company reported a total of 4,855 shareholders as of the cut-off date, September 2, 2026. A quorum was duly constituted with 19 members present physically and 27 attending via video conferencing. Remote e-voting was facilitated via National Securities Depository Limited (NSDL) from September 6 to September 8, 2026.

Voting Results by Resolution

The Chairman declared all resolutions passed based on the scrutinizer's report from M/s Ishan Jain & Co. Promoter group shareholders voted unanimously in favor of all resolutions. Public non-institutional shareholders showed slight dissent on certain director appointments but overall supported the agenda.

Board Composition Updates

The AGM confirmed the appointment of Mr. Pramod Kishore Shrivastava (DIN: 01023565) as Chairman & Director under the category of Professional Non-Executive Director, effective July 24, 2026. He is a Chartered Accountant and LL.M. with over two decades of expertise in financial control and treasury optimization.

Mr. Sahaj Jain (DIN: 11806119) was confirmed as a Director and Whole-Time Director under the category of Professional Executive Director for a period of three years, effective July 24, 2026. He holds an MBA in Finance with approximately nine years of experience in accounting, auditing, and taxation.

Mr. Manish Chandan (DIN: 11881676) was confirmed as a Director under the category of Professional Non-Executive Director, effective August 14, 2026. He is a commerce graduate with an MBA in Finance and around 20 years of experience in finance and accounts.

Mr. Suyash Choudhary was confirmed as a Whole-Time Director for the period from July 24, 2026, to August 14, 2026.

Meeting Proceedings

The meeting commenced at 12:30 pm and concluded at 12:51 pm at Hotel Surya in Indore. The statutory auditors, M/s SAP Jain & Associates, issued an unqualified report on the financial statements for the year ended March 31, 2026. The secretarial audit report for FY25-26, prepared by M/s Ishan Jain & Co., was also taken on record without qualification.

One shareholder speaker raised queries during the proceedings, which were addressed by Chairman Pramod Kishore Shrivastava.

Available Finance has scheduled its 34th Annual General Meeting for Wednesday, September 9, 2026, at 12:30 pm in Indore. The meeting will be conducted in hybrid mode, allowing participation via Video Conferencing or Other Audio Visual Means alongside physical attendance at Hotel Surya. Shareholders holding shares as on September 2, 2026, are eligible to vote. The company published the notice of the AGM and remote e-voting details in "Free Press" (English Edition) and "Choutha Sansaar" (Hindi edition) on Tuesday, August 18, 2026.

The primary ordinary business involves receiving and adopting the audited standalone and consolidated financial statements for the fiscal year ended March 31, 2026. The explanatory statement notes that the company, an unregistered core investment company, reported a gross turnover of ₹60.47 lakh and profit before tax of ₹31.31 lakh for FY26.

E-Voting Schedule

Shareholders may cast their votes electronically using the facility provided by National Securities Depository Limited (NSDL). The remote e-voting process follows a specific timeline:

Members who have not exercised remote e-voting prior to the AGM may vote electronically or through poll during the meeting. CS Ishan Jain has been appointed as the Scrutinizer to ensure the fairness of the e-voting process.

Board Appointments

The special business agenda focuses on confirming several director appointments effective from July and August 2026:

• Mr. Pramod Kishore Shrivastava: Confirmation as Chairman and Professional Non-Executive Director.
• Mr. Sahaj Jain: Confirmation as Professional Executive Director and Whole-Time Director for a three-year term. His remuneration is capped at ₹1 lakh per month plus standard perquisites.
• Mr. Suyash Choudhary: Confirmation as Professional Executive Director and Whole-Time Director for a brief tenure from July 24, 2026, to August 14, 2026. He resigned from these roles on August 14, 2026, but continues as Company Secretary. His remuneration was also capped at ₹1 lakh per month during this period.
• Mr. Manish Chandan: Confirmation as Professional Non-Executive Director effective August 14, 2026.

Related Party Transactions

Shareholders will vote on an omnibus approval for related-party transactions up to ₹1 crore until the next AGM in 2027. The proposed transactions involve loans and advances with Ad-Manum Finance Limited (AMFL), an NBFC in which Available Finance holds a 3.601% stake.

The justification cites RBI restrictions on unregistered core investment companies, which require maintaining minimum net assets of 90% in group concerns. Previous transactions with AMFL in FY26 included loans given of ₹43 lakh, repayments of ₹46.41 lakh, and interest charged of ₹54.16 lakh. In the current fiscal year till June 30, 2026, the company gave loans of ₹15 lakh, received repayments of ₹27.96 lakh, and charged interest of ₹13.58 lakh. The proposed transaction value represents 165.35% of the listed entity’s annual consolidated turnover for the preceding financial year.

Financial Performance

For FY26, Available Finance reported a standalone net profit of ₹22.31 lakh, a decrease of 1.02% from ₹22.54 lakh in FY25. Revenue from operations increased by 6.72% to ₹60.48 lakh from ₹56.67 lakh.

However, on a consolidated basis, the company reported a significant profit surge. Consolidated profit for the period reached ₹1,073.64 crore, up from ₹1,038.27 crore in the previous year. This growth was primarily driven by the share in profit of associates, which stood at ₹1,071.41 crore compared to ₹1,036.01 crore in FY25.

What the Numbers Show

The divergence between standalone and consolidated results highlights the company's structural reliance on its associate entities. While the parent entity generated minimal operating revenue (₹60.48 lakh), its equity share in the profits of associates contributed over 99.8% of the total consolidated profit. This underscores Available Finance's role as an investment holding vehicle rather than an independent revenue-generating operation, aligning with its classification as an unregistered core investment company constrained by RBI asset-holding norms.