Coffers Finvest submits voting results for 43rd AGM held on Sep 30
- Coffers Finvest Limited submitted voting results for its 43rd AGM held on September 30, 2026
- Both ordinary resolutions regarding financial statements and director reappointment were passed
- Promoter group voted 72.82% of their shares, while public non-institutional turnout was 0.01%
- Kshitij Agrawal was reappointed as director with 99.99% votes in favour

*this image is generated using AI for illustrative purposes only.
Coffers Finvest Limited (formerly GSB Finance Limited) has submitted the voting results and scrutinizer report for its 43rd Annual General Meeting (AGM). The meeting was conducted via Video Conferencing on September 30, 2026.
The company, which recently changed its name from GSB Finance, filed the documents with BSE Limited on October 1, 2026. The submission includes voting outcomes pursuant to Regulation 44 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015.
Voting participation and turnout
The AGM saw a total of 12,211 shareholders on the record date of September 23, 2026. Due to the virtual format, physical attendance data is not applicable. However, two promoters and 37 public shareholders attended through Video Conferencing.
Voting was primarily conducted through remote e-voting and e-voting during the meeting. The promoter and promoter group held 33,15,175 shares, while public non-institutional shareholders held 26,84,825 shares. Institutional shareholders did not cast any votes.
Resolution outcomes
Two ordinary resolutions were put to vote. Both were passed with a significant majority in favour.
| Resolution | Votes In Favour | Votes Against | Result |
|---|---|---|---|
| Adoption of audited financial statements for FY26 | 24,14,538 | 20 | Passed |
| Reappointment of Kshitij Agrawal as director | 20,22,538 | 20 | Passed |
Resolution 1 involved receiving and adopting the audited financial statements for the year ended March 31, 2026. Resolution 2 concerned the reappointment of Kshitij Agrawal, who retired by rotation.
What the numbers show
The voting data reveals a stark contrast in shareholder engagement between promoters and the public. Promoters cast 24,14,355 votes for the first resolution, representing 72.82% of their holding. In contrast, public non-institutional shareholders polled only 203 votes out of 26,84,825 shares held, resulting in a negligible 0.01% turnout for this category.
This indicates that the outcome of the resolutions was almost entirely determined by promoter voting, with minimal dissent or participation from the retail shareholder base. The 20 votes against both resolutions came exclusively from the public non-institutional segment.
Historical Stock Returns for GSB Finance
| 1 Day | 5 Days | 1 Month | 6 Months | 1 Year | 5 Years |
|---|---|---|---|---|---|
| -2.07% | -3.27% | +2.91% | +39.09% | +9.89% | +415.73% |
How might the negligible public shareholder turnout impact Coffers Finvest's future efforts to attract institutional investors?
What specific strategic initiatives will the reappointed director, Kshitij Agrawal, prioritize to drive growth following the FY26 financial adoption?
Will the recent corporate name change from GSB Finance to Coffers Finvest lead to a revaluation of the company's brand equity and market perception?


































