Kanungo Financiers Limited has scheduled a board meeting for June 29, 2026, to consider altering its Memorandum of Association and approving increases in borrowing and investment limits. The meeting will be held at the company's registered office to discuss key proposals including capital restructuring and new investments, which could impact the company's financial leverage and expansion strategy.

The board will consider a proposal to alter the capital clause and object clause of the Memorandum of Association to increase authorized capital, subject to shareholder approval. Additionally, directors will evaluate increasing the limit for granting loans, making investments, and providing guarantees under Section 186 of the Companies Act, 2013. The meeting will also address raising the company's borrowing limit under Section 180(1)(c) of the Companies Act, 2013.

Another key agenda item involves discussing an initial investment proposal through the acquisition of equity shares in another company. This proposal is subject to the completion of valuations and due diligence. The board will also consider appointing necessary intermediaries, such as valuers and consultants, to facilitate this investment process.

In compliance with the Securities and Exchange Board of India (Prohibition of Insider Trading) Regulations, 2015, the company has closed the trading window for its equity shares effective immediately. The closure applies to all directors, promoters, designated persons, and individuals with contractual or fiduciary relationships with the company. The window will remain closed until 48 hours after the announcement of the board meeting's outcome.

The intimation was submitted to BSE Limited on June 24, 2026, by Director Mahendra Kumar Jagdeesh Patel. The board will also consider any other business with the permission of the chair during the meeting.

Kanungo Financiers Limited has appointed Ms. Shruti Mittal as its Whole-time Company Secretary effective June 4, 2026. The decision follows the resignation of the previous Company Secretary and was intimated to BSE Limited under Regulation 30 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015.

Ms. Shruti Mittal is a qualified Company Secretary with Membership No. ACS 51097. She brings over six years of professional experience in corporate governance, compliance management, and secretarial practices to the role. The company confirmed that she meets all criteria regarding independence, eligibility, and qualifications as per the Companies Act, 2013, and SEBI regulations.

Appointment Details

The board has proposed the appointment, with the confirmation to be finalized in the next board meeting. The disclosure regarding the appointment was made in compliance with SEBI Circular No. SEBI/HO/CFD/CFD-PoD-1/P/CIR/2023/123 dated July 13, 2023.

Key Information

The company further disclosed that Ms. Mittal is not debarred by any SEBI order or any other authority. The intimation was signed by Mr. Mahendra Kumar Jagdeesh Patel, Director of Kanungo Financiers Limited.