Glance Finance Ltd shareholders approved the adoption of audited financial statements for FY26 with a 99.99% majority at the 32nd Annual General Meeting held on September 28, 2026.

The meeting, conducted via video conferencing, also saw the re-appointment of Narendra Laxman Arora as Whole-time Director and M/s. Ashish Bang & Co. as Statutory Auditors. The scrutinizer’s report confirms that all three ordinary resolutions passed with requisite majority, reflecting strong shareholder support for the board’s recommendations.

Key resolutions approved

Shareholders passed three ordinary business items recommended by the Board:

1. Adoption of the Balance Sheet as at March 31, 2026, and the Statement of Profit and Loss for FY26.
2. Appointment of Narendra Laxman Arora (DIN: 03586182) as Whole-time Director, retiring by rotation and eligible for re-appointment.
3. Appointment of M/s. Ashish Bang & Co., Chartered Accountants, as Statutory Auditors for a fixed remuneration.

Voting and compliance details

Remote e-voting was open from September 25 to September 27, 2026. The Scrutinizer, M/s. Shiv Hari Jalan & Co., submitted the voting report on September 28, 2026. The Chairman noted that no qualifications or adverse remarks were present in the Statutory Auditors' or Secretarial Audit Reports.

Voting participation breakdown

The consolidated voting results indicate high engagement from promoters and moderate participation from public non-institutional shareholders. The total number of shares held on the record date was 22,55,900, with 17,98,427 votes polled across all resolutions.

What the Numbers Show

The voting data reveals a concentration of power typical of closely held entities. Promoters and promoter group members voted 100% of their holdings (16,77,122 shares), ensuring the passage of all resolutions regardless of public shareholder sentiment. Public non-institutional shareholders participated at a rate of 20.96%, casting 1,21,305 votes. Only a single vote was cast against any resolution, resulting in an overall approval rate of 99.9999%. This near-unanimous outcome underscores the lack of significant dissent among minority shareholders regarding the FY26 financials or management appointments.

Glance and ALICE + OLIVIA launched an AI-powered "See Yourself in the Show" experience at the brand’s Spring 2027 New York Fashion Week presentation. The activation allows attendees to visualize themselves wearing the new collection in real time.

The partnership positions Glance as the official AI and technology partner for the event. It moves fashion discovery beyond static lookbooks toward interactive experiences built around the individual shopper.

Strategic Partnership Details

Stacey Bendet, Founder, CEO and Creative Director of ALICE + OLIVIA, stated that the collaboration blends technology and fashion to bring creativity to life. She described the initiative as innovative and immersive for the future of retail.

Naveen Tewari, Founder and CEO of InMobi and Glance, noted that ALICE + OLIVIA treats collection debuts as participatory events. He emphasized that immediacy is central to Glance’s AI-enabled agentic commerce experience.

What the Numbers Show

The activation represents a strategic pivot from passive viewing to active participation. By integrating virtual try-on technology directly into the runway presentation, the brands aim to capture immediate consumer engagement data. This approach aligns with Glance’s broader model of delivering hyper-personalized shopping experiences across mobile and TV platforms.

Technology Integration

Glance’s proprietary agentic intelligence and generative AI powered the virtual try-on feature. Attendees generated images of themselves wearing selected pieces from the Spring 2027 Collection during the presentation.

Glance is operated by Glance InMobi Pte. Ltd., a non-consolidated subsidiary of InMobi. It is backed by Mithril Capital, Google and Jio Platforms.