Dhviya Finance Limited shareholders approved the reappointment of Managing Director Apoorve Bansal and a revision in his remuneration during the company’s 33rd Annual General Meeting held on September 1, 2026. The meeting also sanctioned a change in the registered office jurisdiction within Delhi.

The virtual meeting commenced at 12:38 pm and concluded at 12:57 pm. All agenda items were passed by members through remote e-voting and e-voting at the meeting. The combined voting results will be announced within two working days.

Resolutions Passed

Shareholders approved four key resolutions during the meeting:

• Adoption of audited financial statements for FY26.
• Reappointment of Apoorve Bansal as director.
• Revision in remuneration for Apoorve Bansal.
• Change in registered office jurisdiction from ROC Delhi-I to ROC Delhi-II.

Meeting Details

The meeting was conducted via video conference due to renovation work at the registered office. Fifty-eight members attended the meeting. Apoorve Bansal served as Chairman. Kabeer Chaudhary, Somesh Kumar, Rohit Dugar, and Pallavi Shukla were present as directors.

Mahima Jain (CFO) and Ronika Dhall (Company Secretary) attended. Ashok Kumar Verma acted as Scrutinizer. Mukesh Kumar represented the statutory auditors.

Dhvija Finance Limited has approved the issuance of Series-B secured unlisted non-convertible debentures up to ₹5 crore on a private placement basis. The executive committee sanctioned the proposal during its meeting on August 22, 2026.

The company, formerly known as F Mec International Financial Services Limited, disclosed the move under Regulation 30 of the SEBI Listing Obligations and Disclosure Requirements Regulations, 2015. The issuance follows a previous communication dated April 8, 2026, regarding the initial tranche of similar instruments.

Issue Structure

The Series-B NCDs are denominated in INR with a face value of ₹100 each. The total size of the issue is capped at ₹5 crore, comprising up to 5 lakh debentures. The instruments will remain unlisted and are offered exclusively through private placement.

Security and Terms

The debentures carry a coupon rate of 16% per annum. In the event of default on interest or principal repayment beyond three months from the due date, the company will pay an additional interest of 2% per annum over the coupon rate for the defaulting period.

The issue is secured by a pari-passu charge on the company’s assets. This includes loans and advances, receivables, investments, current assets, and other assets held by the firm. The security cover must maintain at least 100% of the outstanding principal and interest amounts until maturity, excluding receivables already charged to existing holders.