Ceejay Finance Limited held its 33rd Annual General Meeting (AGM) on September 26, 2026, via video conferencing. The primary agenda included the adoption of audited financial statements for the fiscal year ended March 31, 2026, and the declaration of a final dividend of ₹1.50 per equity share.

The meeting was chaired by Deepak R. Patel, Managing Director, who was appointed Chairman of the meeting by the Board. Kiran R. Patel, the company's regular Chairman, was absent due to health reasons, while Independent Director Prachi Patel was exempted from attendance upon request. A total of 27 members participated in the virtual session.

Key resolutions and agenda items

The Board of Directors presented several ordinary and special business items for shareholder approval. The audited financial statements, including the Balance Sheet, Statement of Profit and Loss, and Statement of Cash Flow for FY26, were tabled for adoption. Notably, the Statutory Auditor’s report and the Secretarial Auditor’s report contained no qualifications or adverse remarks regarding the company’s functioning for the period.

Shareholders were asked to approve the following key matters:

• Adoption of audited financial statements for the year ended March 31, 2026
• Declaration of final dividend at ₹1.50 per equity share (15% on face value of ₹10)
• Re-appointment of Deepak Patel (DIN: 00081100) as Director retiring by rotation
• Approval of transactions with related parties
• Re-appointment of Deepak Patel as Managing Director

Governance and compliance details

The meeting adhered to regulatory guidelines issued by the Ministry of Corporate Affairs (MCA) and the Securities and Exchange Board of India (SEBI), allowing for electronic participation without physical presence. Remote e-voting facilities were provided to members between September 22, 2026, and September 25, 2026. Alpesh Vekariya, representing M/s. Alpesh Vekariya & Associates, served as the Scrutinizer to ensure fair and transparent vote counting.

Devang Shah, Chief Financial Officer, provided an overview of the company’s financial performance for FY26. The meeting concluded with a vote of thanks, and voting results are expected to be announced within two working days.

Ceejay Finance has scheduled its 33rd Annual General Meeting for September 26, 2026. The meeting will be held via Video Conferencing or Other Audio Visual Means to transact ordinary and special business.

The Board has recommended a final dividend of ₹1.50 per equity share for FY26. This payout represents a 15% return on the face value of ₹10 per share. Shareholders on record as of September 11, 2026, will be eligible for the dividend if approved at the AGM.

Corporate Governance and Management

Shareholders will vote on the reappointment of Mr. Deepak Patel as Managing Director. His current term expires on August 31, 2026. The proposed resolution seeks approval for a five-year tenure commencing September 1, 2026.

Mr. Patel’s remuneration package includes a monthly salary of ₹2,50,000, with an annual increment of ₹10,000 up to a ceiling of ₹3,00,000. Perquisites and amenities are capped at ₹3,00,000 per annum. He also retires by rotation and seeks reappointment as a Director.

Related Party Transactions

The AGM agenda includes approval for related-party transactions (RPTs) with group entities up to the next AGM. These transactions are described as being in the ordinary course of business and at arm's length.

Transactions with Ceejay Microfin include inter-corporate deposits at interest rates of 5% to 12%, linked to the company's short-term borrowing cost. Transactions with Ceejay Tobacco involve inter-corporate deposits at interest rates of 8% to 10%.

Voting and Meeting Details

Remote e-voting opens on September 22, 2026, at 9:00 am and closes on September 25, 2026, at 5:00 pm. The cut-off date for determining e-voting eligibility is September 19, 2026. M/s. Alpesh Vekariya & Associates has been appointed as the scrutinizer for the voting process.