Goenka Business & Finance shareholders approved the final dividend of ₹0.50 per equity share for FY26 during the company's 39th Annual General Meeting (AGM) held on September 29, 2026. The resolutions received overwhelming support, with adoption of financial statements passing with 99.84% votes in favor.

The meeting was conducted via Video Conferencing (VC) and Other Audio Visual Means (OAVM) in compliance with Ministry of Corporate Affairs circulars. The proceedings commenced at 4:00 pm and concluded at 4:13 pm on the same day, with all resolutions passed by requisite majority as confirmed by the scrutinizer.

Dividend and Record Date Details

The board of directors had earlier approved the final dividend during a meeting held on September 19, 2026, in Ahmedabad. This payout represents a 5% return on the face value of ₹10 per share. Shareholders eligible for this dividend are those recorded as of October 2, 2026.

AGM Proceedings and Voting Results

The 39th AGM was attended by members through audio-visual means. Ms. Khushi Trivedi, Assistant Company Secretary, commenced the proceedings after confirming the requisite quorum. The meeting was presided over by Yasin Gori, Whole Time Director.

Ordinary Business Approved

Shareholders voted to approve the following ordinary business items via e-voting:

• Adoption of audited financial statements for the year ended March 31, 2026 (99.84% in favor).
• Re-appointment of Yasin Gori as a director retiring by rotation (99.35% in favor).
• Appointment of M/s V S S B & Associates as statutory auditors for five years (99.35% in favor).
• Declaration of the final dividend of ₹0.50 per share (99.83% in favor).

Special Business Items

Two special resolutions regarding independent director appointments were also passed:

• Re-appointment of Charmi Parikh for a second term from December 7, 2026, to December 6, 2031 (99.35% in favor).
• Confirmation of Atul Sheth’s appointment as an independent director for a term ending May 25, 2031 (99.35% in favor).

Auditor Appointment Details

The board appointed M/s V S S B & Associates based on the Audit Committee’s recommendation. The firm, which has over 15 years of industry experience, will serve as statutory auditor until the conclusion of the 44th AGM. This appointment follows the expiry of the term of the former auditor, M/s MAAK & Associates. The proposed audit fee for FY27 is ₹150,000 plus applicable taxes and out-of-pocket expenses.

What the Numbers Show

The scrutiny report highlights a high degree of shareholder consensus across all agenda items. The resolution to adopt financial statements saw 99.84% support, while governance-related appointments averaged 99.35% approval. The total valid votes cast ranged between 620,085 and 620,585 shares depending on the specific resolution, indicating a stable voting base with minimal dissenting votes recorded against any proposal.

Goenka Business & Finance has scheduled its 39th Annual General Meeting (AGM) for September 29, 2026. The meeting will be conducted via video conferencing and other audio-visual means.

The Board of Directors approved the notice for the AGM during its meeting held on September 4, 2026. The session is set to begin at 11:00 am IST.

Governance Changes

Shareholders will vote on several governance-related resolutions. These include the reappointment of Yasin Gori as a director retiring by rotation. Gori serves as the Whole Time Director of the company.

The board also seeks approval to reappoint Charmi Parikh as an Independent Director for a second term of five years. Her current term expires on December 6, 2026. The new term will run from December 7, 2026, to December 6, 2031.

Additionally, shareholders will confirm the appointment of Atul Sheth as an Independent Director. Sheth was initially appointed on May 26, 2026. His confirmed term will last until May 25, 2031.

Auditor Appointment

The company proposes to appoint M/s V S S B & Associates as its statutory auditor. This firm will replace M/s M A A K & Associates, whose term expires at this AGM. The proposed tenure for V S S B & Associates is five years.

The audit fee for FY27 is fixed at ₹150,000 plus applicable taxes and out-of-pocket expenses. The board will determine fees for subsequent years based on Audit Committee recommendations.

Voting Details

Remote e-voting will be facilitated by National Securities Depository Limited (NSDL). The voting window opens on September 26, 2026, at 9:00 am and closes on September 28, 2026, at 5:00 pm.

The record date for determining voting eligibility is September 23, 2026. Shareholders holding shares as of this date can cast their votes electronically. Ms. Aanal Satyawadi has been appointed as the scrutinizer for the voting process.