Dhansafal Finserve Limited announced the resignation of Bobby Singh Chandel from his role as Chief Executive Officer and Key Managerial Personnel. The cessation is effective from the close of business hours on September 28, 2026.

The company filed a disclosure under Regulation 30 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015. The resignation was tendered via email dated September 29, 2026, citing personal reasons as the primary cause for the departure.

Resignation details

The company confirmed that Chandel will provide a reasonable and orderly handover. This includes relevant business information, lender relationships, ongoing transactions, and regulatory matters to ensure continuity. He also committed to maintaining confidentiality regarding proprietary information during and after his tenure.

Corporate filing and compliance

The intimation was submitted to BSE Limited and uploaded to the company's website. Ankur Agrawal, Managing Director of Dhansafal Finserve, signed the disclosure document digitally. The company formerly operated as Luharuka Media & Infra Limited before its current branding.

Dhansafal Finserve Limited held its 45th Annual General Meeting on September 23, 2026, where shareholders approved all four proposed resolutions with requisite majorities. The meeting, conducted via video conferencing, adopted the audited financial statements for FY26 and authorized private placement fundraising.

The proceedings commenced at 11:00 am and concluded at 11:25 am IST. Mr. Ankur Agrawal chaired the session, confirming the requisite quorum was present throughout. All directors, key managerial personnel, and auditors attended virtually. The voting results were scrutinized by CS Ramadevi Satish Venigalla, who confirmed that no invalid votes were cast across any resolution.

Voting results and shareholder participation

A total of 149 shareholders participated in the voting process, comprising 4 promoters and 145 public shareholders attending via video conferencing. The total outstanding shares stood at 227,140,000. The table below summarizes the voting outcomes for each resolution:

Key resolutions passed

Shareholders approved several ordinary and special business items as outlined in the notice convening the meeting:

Meeting proceedings and compliance

Ms. Nishi Shah, Company Secretary and Compliance Officer, welcomed members and briefed them on the business items. She confirmed that the statutory registers were available for inspection and that remote e-voting facilities were provided. The reports of the statutory and secretarial auditors contained no qualifications, reservations, or adverse remarks.

Mr. Agrawal delivered an overview presentation highlighting key milestones achieved in FY26 and the company’s future outlook. Shareholders raised queries which were addressed by the chairperson. The e-voting results and consolidated scrutinizer’s report are scheduled to be declared within two working days of the meeting's conclusion.

What the numbers show

The voting data reveals a significant divergence in shareholder turnout between non-related party resolutions and those involving related parties. For ordinary resolutions and the private placement authority, approximately 55.18% of total outstanding shares voted. However, for the special resolution on material related party transactions, only 1.33% of total outstanding shares voted. This is because promoter group votes (holding 125,680,705 shares) were excluded from this specific count as they are considered interested parties. Consequently, the passage of the related party transaction resolution relied entirely on public shareholder approval, which secured 99.76% of the votes polled from the eligible public category.