Decillion Finance Limited held its 32nd Annual General Meeting on September 29, 2026, in Kolkata, approving key governance and financial resolutions.

The shareholders approved the appointment of M/s MGSA & Co., Chartered Accountants, as Statutory Auditors for one financial year until the conclusion of the 33rd AGM in 2027. This appointment fills a casual vacancy arising from the resignation of M/s T D K & Co., Chartered Accountants. The new auditors were appointed effective July 2, 2026.

Board appointments and re-appointments

The meeting ratified the re-appointment of Jitendra Kumar Goyal (DIN: 00468744) as a Director, who retired by rotation and offered himself for re-election. Additionally, shareholders approved the appointment of two new Non-Executive Independent Directors:

• Mrs. Nita Agarwal (DIN: 07092762): Appointed for a term of five consecutive years effective July 2, 2026.
• Ms. Diksha Sharma (DIN: 11914278): Appointed for a term of five consecutive years effective September 4, 2026.

Key special resolutions passed

Beyond governance changes, the company secured shareholder approval for several strategic and operational measures:

• Capital Structure: Approval to increase the Authorized Share Capital and to adopt fresh Articles of Association in compliance with the Companies Act, 2013.
• Debt and Equity: Authorization for the conversion of loans into equity shares upon fulfillment of specific terms and conditions.
• Borrowing Limits: Setting of borrowing limits for the company and authorization for the Board to make investments, give loans, guarantees, or provide security under Section 186 of the Companies Act, 2013.
• Related Party Transactions: Approval of existing and proposed material Related Party Transactions.

Voting and participation details

The meeting was attended by 158 shareholders either in person or through proxies. Remote e-voting was conducted from September 26, 2026, to September 28, 2026. Mr. Anand Khandelia, Company Secretary in Practice, served as the scrutinizer for the voting process. The consolidated results of the voting were scheduled for declaration on or before October 1, 2026.

Decillion Finance Limited promoter Virendra Kumar Goyal has exited his entire equity holding in the company following the sale of 74,500 shares, representing 2.13% of the total equity and voting share capital. The transaction was completed on September 25, 2026, through an open market sale.

Transaction details

The disclosure was filed under Regulation 29(2) of the SEBI (Substantial Acquisition of Shares and Takeovers) Regulations, 2011. Prior to this sale, Goyal held 74,500 shares. Following the disposal, his direct holding stands at nil. The shares were sold at a face value context where the company's total equity capital remains ₹3.5 crore, divided into 35,00,000 equity shares of ₹10 each.

Promoter group holdings

While the individual seller exited, the broader promoter group retains significant control through Persons Acting in Concert (PACs). The group’s combined holding decreased from 38.98% to 36.85% post-transaction.

What the numbers show

The data reveals a complete exit by one key promoter while the remaining PACs maintained static positions. Notably, Tubro Consultants and Enterprises Private Limited holds the largest single block within the group at 22.50%, followed by Kudrat Holdings Private Limited at 12.34%. The reduction in aggregate promoter stake from 38.98% to 36.85% reflects solely the divestment by Virendra Kumar Goyal, with no changes in the holdings of other associated entities during this period.