Decillion Finance Limited held its 32nd Annual General Meeting on September 29, 2026, in Kolkata, where all 11 resolutions put to vote were passed with requisite majority. A total of 1,006,742 votes were polled, representing 28.76% of the company's 3,500,000 outstanding shares.

The scrutinizer's report, submitted by Anand Khandelia, Practicing Company Secretary (Membership No. 5803), confirmed the consolidated voting results covering both remote e-voting and physical poll at the meeting. The remote e-voting period ran from September 26, 2026 to September 28, 2026, with the record date for determining voting entitlement set at September 22, 2026. The total number of shareholders on the record date stood at 1,799, of whom 158 public shareholders attended the meeting in person or through proxy.

Resolutions passed and voting breakdown

All 11 resolutions were passed with requisite majority. The following table summarises the nature of each resolution and its outcome.

Consolidated vote count

For each of the 11 resolutions, the voting pattern across shareholder categories was identical. The table below presents the consolidated figures applicable to all resolutions.

No invalid votes were recorded across any shareholder category for any of the 11 resolutions.

Board appointments and governance changes

The AGM ratified the re-appointment of Jitendra Kumar Goyal (DIN: 00468744) as a director, who had retired by rotation. Two new Non-Executive Independent Directors were also appointed:

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

Shareholders also approved the appointment of M/s MGSA & Company, Chartered Accountants (FRN: 022481C), as statutory auditors for one financial year, filling 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.

Key special resolutions

Beyond governance changes, shareholders approved several strategic and operational measures through special resolutions:

• Capital structure: Increase in authorised share capital and adoption of fresh Articles of Association in compliance with the Companies Act, 2013.
• Debt and equity: Conversion of loans into equity shares upon fulfilment of specific terms and conditions.
• Borrowing and investment limits: Setting of borrowing limits and authorisation 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.

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.