Capri Global Capital Limited held its 32nd Annual General Meeting on September 22, 2026, where all proposed resolutions were passed with requisite majority. The company confirmed that the declared dividend for FY26 will be credited to eligible shareholders on or after September 26, 2026.

The meeting, conducted via video conferencing, saw the adoption of audited standalone and consolidated financial statements for the fiscal year ended March 31, 2026. Key ordinary business items included the re-appointment of Director Rajesh Sharma and the declaration of dividends on equity shares.

Strategic expansion plans

In his address, Chairman L.V. Prabhakar highlighted a strategic goal to expand assets under management (AUM) from ₹360 billion to over ₹1,250 billion over the next five years. This growth is targeted through organic expansion, product diversification, and operational excellence.

The company plans to add approximately 800-1,000 branches across existing and new states, including Telangana, Karnataka, Tamil Nadu, Andhra Pradesh, Odisha, and Uttar Pradesh over the next two years. This expansion aims to strengthen last-mile connectivity in semi-urban and rural geographies.

Governance and special business

Special resolutions approved at the meeting included:

• Re-appointment of Dr. Nupur Mukherjee as an Independent Director for a second term of three years, effective January 27, 2027.
• Re-appointment of Mr. Shishir Priyadarshi as an Independent Director for a second term of five years, effective January 27, 2027.
• Amendment to the Employee Stock Option Plan (ESOP) Scheme.
• Approval for borrowing in excess of paid-up capital and free reserves.
• Approval for mortgage or creation of charge on company assets.
• Approval for conversion of loans into equity.
• Revision in commission payable to Non-Executive Directors.

The Chairman noted that the company’s focus remains on retail, secured lending, with 80% of the book in retail and 100% fully secured assets. Technology integration, including agentic AI tools, was cited as a key driver for improving underwriting accuracy and operational efficiency.

Voting results breakdown

The consolidated scrutinizer's report details the voting outcomes for all ten resolutions. While all resolutions passed, significant institutional dissent was recorded on specific governance items. Notably, the amendment to the ESOP scheme faced 6.26% opposition, primarily driven by institutional investors who voted against it with a 22.57% dissent rate within their category. Similarly, the re-appointment of Independent Director Shishir Priyadarshi saw 1.80% total opposition, with institutions casting 6.49% of their votes against the resolution.

What the numbers show

The Chairman’s speech revealed a significant divergence between current scale and future ambition, with a target to more than triple AUM from ₹360 billion to ₹1,250 billion within five years. This aggressive growth trajectory is underpinned by a disclosed asset quality metric where 100% of the loan book is fully secured, suggesting a risk-mitigated approach to scaling despite the substantial volume increase planned.

Furthermore, the voting data highlights a distinct pattern in shareholder sentiment: while routine operational and financial approvals received near-unanimous support, governance-related changes such as the ESOP amendment and certain director re-appointments attracted measurable institutional pushback. The 22.57% institutional dissent on the ESOP amendment stands out as the highest category-specific opposition, suggesting potential concerns regarding dilution or compensation structures among professional investors.

Capri Global Capital will participate in an in-person group meeting with analysts and institutional investors on September 19, 2026. The event is part of the HIC Money Purse Finserv Emerging Stars 2026 Investor Conference held in Hyderabad.

The company disclosed the schedule pursuant to Regulation 30 read with Schedule III of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015. Representatives from Capri Global Capital will engage with market participants during the session scheduled from 12:00 pm to 3:00 pm IST.

Meeting Details

The discussions are expected to cover business updates, quarterly earnings, and a general corporate overview for Q1FY27. The company explicitly stated that no unpublished price-sensitive information will be shared during the interaction.

Yashesh Bhatt, Company Secretary and Compliance Officer, confirmed the intimation was received by the company on September 16, 2026, at 5:06 pm IST. The details are also available on the company’s website.