Ken Financial Services Limited held its 32nd Annual General Meeting on September 26, 2026, via video conferencing. The meeting focused on adopting financial statements for FY26 and approving key corporate governance changes, including the appointment of a new director.

Fourteen members attended the virtual session, which commenced at 12:30 pm and concluded by 12:39 pm. Shakti Singh Rathore, Managing Director, chaired the proceedings, noting that statutory registers and financial documents were available for electronic inspection as required by law.

Resolutions passed

The shareholders voted on five agenda items, ranging from routine administrative approvals to significant strategic adjustments regarding debt capacity. The adoption of audited financial statements and the report of the Board of Directors were approved as ordinary resolutions.

Key personnel decisions included the retirement by rotation and subsequent re-appointment of Shakti Singh Rathore as a director. Additionally, Sachin Pawan Kumar Choudhary was appointed as a director, while Neha Kailash Bhageria was re-appointed as an independent woman director for a second term of five years, requiring a special resolution.

New director profile and remuneration

Sachin Pawan Kumar Choudhary was appointed as a Director (Professional Executive) effective September 26, 2026. He holds a DIN of 11926778 and is not related to any other director of the company. His professional background includes a Graduate degree and an MBA in Finance, with extensive exposure to analyzing company financial statements, conducting performance ratio analysis, and forecasting financials.

The company disclosed that his annual remuneration will be ₹6 lakh. The appointment was made pursuant to Regulation 30 of SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015, affirming that he is not debarred from holding office under any SEBI order or disqualified under Section 164 of the Companies Act, 2013.

Strategic debt capacity expansion

A notable special resolution approved an increase in borrowing limits under Section 180(1)(c) of the Companies Act, 2013. This move signals the company's intent to potentially expand its balance sheet leverage or fund future growth initiatives within the NBFC sector.

Governance and compliance

The Managing Director provided a brief overview of the company's performance during the fiscal year ended March 31, 2026, alongside updates on changes in the Non-Banking Financial Company sector. The meeting adhered to SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015, and Ministry of Corporate Affairs circulars permitting virtual AGMs.

Remote e-voting facilities were utilized prior to and during the meeting to ensure seamless participation. The consolidated voting results are scheduled to be disseminated to BSE Limited and published on the company website within two working days.

Ken Financial Services has re-appointed Ms. Neha Kailash Bhageria as an Independent Non-Executive Woman Director for a second term of five consecutive years.

The Board of Directors approved the appointment during its meeting held on September 3, 2026, based on the recommendation of the Nomination and Remuneration Committee.

Appointment Details

Ms. Bhageria’s new term is effective from September 30, 2026, and will continue until September 29, 2031. The re-appointment is subject to approval by the members of the company at the ensuing 32nd Annual General Meeting.

Regulatory Disclosure

The company made this disclosure pursuant to Regulation 30 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015. The filing also references SEBI Master Circular No. HO/49/14/14(7)2025-CFDPOD2/1/3762/2026 dated January 30, 2026.

Director Profile

Ms. Bhageria is a Company Secretary by profession with experience in company secretarial and legal functions for listed companies. Her expertise includes corporate finance, corporate affairs, and governance. The disclosure confirms she is not debarred from holding the office of director by any SEBI order or other authority and is not disqualified under Section 164 of the Companies Act, 2013. No inter-se relationships were disclosed for the director.