Kreon Financial Services Limited has announced that its Register of Members and Share Transfer Books will remain closed from August 20, 2026, to August 26, 2026, inclusive. This book closure is necessary to determine the list of shareholders entitled to attend and vote at the company’s 32nd Annual General Meeting (AGM). The meeting is scheduled to take place on Wednesday, August 26, 2026, at 11:00 AM IST.

The 32nd AGM will be conducted through Video Conferencing (VC) in compliance with regulatory guidelines. The virtual meeting will be hosted from the company’s Registered Office located at No. 26, 22nd Street, Rathinam Nagar, Thiruvannamiyur, Chennai – 600041, Tamil Nadu, India. Shareholders holding securities on the record date will be eligible to participate in the proceedings.

The intimation was issued pursuant to Regulation 42 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015. The notice was submitted to the Bombay Stock Exchange Limited’s Corporate Listing Department on August 3, 2026. The communication was signed by Niharika Goyal, Chief Compliance Officer of Kreon Financial Services Limited.

Key Dates and Details

Investors are advised to ensure their shareholdings are registered in their names before the commencement of the book closure period on August 20, 2026. Any transfers of shares during this period will not be processed until after the closure ends on August 26, 2026. This procedural step ensures an accurate snapshot of ownership for voting purposes at the upcoming annual meeting.

Kreon Financial Services Limited has scheduled its 32nd Annual General Meeting (AGM) for August 26, 2026, seeking shareholder approval for substantial related-party transactions (RPTs) and revised remuneration for key executives. The company aims to secure consent to borrow up to ₹120 crore from promoter group entities over three years, while also approving a 25% increase in annual pay for Chairman Jaijash Tatia and Joint Managing Director Henna Jain. These resolutions are critical for the non-banking financial company’s liquidity management and leadership compensation structure.

The Board of Directors approved these proposals following recommendations from the Audit Committee and the Nomination and Remuneration Committee. The disclosures were made to the Bombay Stock Exchange in compliance with Regulation 30 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015. The AGM will be conducted via Video Conferencing from the registered office in Chennai, with remote e-voting available from August 23 to August 25, 2026.

Executive Remuneration Revisions

Shareholders will vote on special resolutions to revise the annual remuneration of Mr. Jaijash Tatia, Chairman and Managing Director, and Mrs. Henna Jain, Joint Managing Director. Both executives currently draw ₹60 lakh per annum. The proposed revision increases their pay to ₹75 lakh per annum, effective April 1, 2026.

The Nomination and Remuneration Committee recommended the hike based on industry benchmarks, individual performance, and the growing complexity of operations. Since the aggregate remuneration of executive directors will exceed 5% of the company’s annual net profits, shareholder approval is mandated under Section 198 of the Companies Act, 2013.

Material Related-Party Transactions

The most significant agenda items involve financing arrangements with related parties, which are considered material as they exceed 10% of the company’s FY26 turnover of ₹43.35 crore. The company seeks ordinary resolution approval for the following transactions over a three-year period starting August 26, 2026:

• Tatia Global Venture Limited (TGVL): Borrowing up to ₹50 crore and lending up to ₹10 crore.
• Ashram Online.com Limited (AOL): Borrowing up to ₹50 crore and lending up to ₹10 crore.
• Opti Products Private Limited (OPPL): Borrowing up to ₹50 crore and lending up to ₹10 crore.
• Mr. Jaijash Tatia: Borrowing up to ₹10 crore.

These transactions are intended to optimize treasury operations, deploy surplus funds efficiently, and provide flexible funding for the NBFC’s lending business. The Audit Committee has verified that these deals are arm’s length and in the ordinary course of business.

AGM Logistics and Voting

The Register of Members and Share Transfer Books will remain closed from August 20 to August 26, 2026. Voting rights are determined based on shareholding as of August 19, 2026. M/s. Lakshmmi Subramanian & Associates has been appointed as the scrutinizer for the e-voting process. The meeting will also address the re-appointment of Mrs. Henna Jain, who retires by rotation but is eligible for re-election.